Nordic Business Leaders Explore a Unified Regional Stock Market
Shared capital could give smaller economies the scale to compete globally. STOCKHOLM, SWEDEN Leading Nordic companies and investors are examining whether Sweden, Denmark, Norway and…
Phoenix 24
Poland Gains Economic Weight as the EU’s Four Largest Economies Lose Ground
Europe’s economic centre remains in the west, but its balance is gradually shifting eastward. BRUSSELS, BELGIUM Germany, France, Italy and Spain generated 61 percent of…
Von der Leyen Gives China an October Deadline to Rebalance Trade
Europe wants economic cooperation without accepting permanent industrial dependence. BRUSSELS, BELGIUM European Commission President Ursula von der Leyen has intensified pressure on Beijing as the…
EU Customs Duty Cuts the Flow of Low-Value Chinese Parcels
A modest charge is already reshaping Europe’s high-volume e-commerce market. BRUSSELS, BELGIUM Imports of low-value parcels into the European Union have fallen by an estimated…
Business Park Construction Reopens Austria’s Struggle With Nazi Memory
Economic development is advancing across ground where imprisoned women were forced to manufacture weapons. LEOBERSDORF, AUSTRIA Construction of a business park on part of a…
Fitch Keeps France at A+ as Stagnation Tests Fiscal Credibility
The rating survived, but the pressures behind the review intensified. PARIS, FRANCE Fitch Ratings has maintained France’s sovereign credit rating at A+ with a stable…
Warsh Warns Inflation May Force the Federal Reserve to Raise Rates
The Fed chair offered no forecast, but markets heard a warning. JACKSON HOLE, WYOMING Federal Reserve Chair Kevin Warsh has signalled that additional monetary tightening…
Iceland’s EU Referendum Tests Sovereignty Against Strategic Influence
The ballot opens negotiations, not the door to immediate membership. REYKJAVÍK, ICELAND Icelanders will vote on whether their government should resume negotiations to join the…
Haakon VIII Inherits a Norwegian Crown Facing a Crisis of Trust
A prepared monarch assumes the throne as private scandals test public legitimacy. OSLO, NORWAY Haakon VIII has become Norway’s king following the death of his…
Netherlands Issues Red Alert Over Potentially Lethal Trump-Shaped Pills
A recognizable image conceals an unpredictable chemical threat. THE HAGUE, NETHERLANDS The Netherlands’ Trimbos Institute has issued a Red Alert over dangerous pills shaped like…