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Europe’s share of the global economy is shrinking, and fears are deepening that the continent can no longer keep up with the United States and China. “We are too small,” said Enrico Letta, a former Italian prime minister who recently delivered a report on the future of the single market to the European Union. “We are not very ambitious,” Nicolai Tangen, head of Norway’s sovereign wealth fund, the world’s largest, told The Financial Times. “Americans just work harder.”“European businesses need to regain self-confidence,” Europe’s association of chambers of commerce declared.
Persons: , Enrico Letta, ” Nicolai Tangen Organizations: European Union, Financial Times Locations: United States, China, Italian
Below is a fact check of 102 of Trump’s false claims from the 12 speeches. But contrary to Trump’s claim, it’s not true that people had been attempting for decades to create such an initiative. Trump’s aid to farmersIn speech after speech, Trump claimed that he had given US farmers $28 billion from China. Even if the poll result is off, it’s clear that Trump’s claim that “nobody wants them” is not true. He said he was an airline pilot.”Facts First: Trump made a false claim while mocking Biden for making false claims.
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For Europe, energy security has always been a trade-off: Cheap, imported energy comes with the risk of dependency on the countries from which it originates. Europe had an especially mild winter while governments and citizens made a concerted effort to use less gas. Despite these efforts, officials and analysts are fearful that however impressive these advancements have been, Europe’s energy is far from secure in the long term. And when it comes to energy security, dependency ultimately brings us back to that classic trade-off: economics versus risk. China is not the only threat when it comes to energy security in Europe.
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