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☆ Competitiveness is key for European growth, says Greek finance minister
▼ + stars: | 2024-04-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCompetitiveness is key for European growth, says Greek finance ministerKostis Hatzidakis, Greece's minister of national economy and finance, discusses what has underpinned strong growth in his country and which EU fiscal policies he supports.

Persons: Kostis Hatzidakis Organizations: Competitiveness

☆ 'We need to invest in our future': EU official calls for mobilization of capital
▼ + stars: | 2024-04-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'We need to invest in our future': EU official calls for mobilization of capitalMairead McGuinness, European Commission for financial services, financial stability and capital markets union, stresses the need for the EU to invest in its future and mobilize capital in order to build resilience.

Persons: Mairead McGuinness Organizations: EU, Commission

☆ Georgia presses on with Putin-style ‘foreign agent’ bill despite huge protests
▼ + stars: | 2024-04-18 | by ( Christian Edwards | Niamh Kennedy | ) edition.cnn.com time to read: +4 min

CNN —Georgia’s government is attempting to force through a controversial “foreign agent” law, despite international condemnation and huge protests from its citizens. Critics of the law say is it is a Kremlin-inspired effort to undermine democracy which will damage Georgia’s bid to join the European Union. The ruling Georgian Dream party first tried to pass the bill 13 months ago, but was forced into an embarrassing climbdown following a week of intense protests. Nearly 80% of Georgians support European integration, according to a poll conducted in December by the National Democratic Institute. Since Russia invaded Ukraine in February 2022, thousands of Russians – especially men of service age – have fled to Georgia to avoid conscription.

Persons: CNN —, ”, Vladimir Putin, Putin, ” Salome Zourabichvili, Zourabichvili, –, Irakli Gedenidze, ” Giorgi Bekurashvili Organizations: CNN, European Union, South Caucasus, “, Kremlin, EU, National Democratic Institute Locations: Soviet, Europe, United States, Tbilisi, Georgian, Russia, South, Russian, “ Russia, Georgia, Ukraine

☆ I've visited over 50 European cities. Here are the 5 I can't wait to return to.
▼ + stars: | 2024-04-18 | by ( Dasha Kofman | ) www.businessinsider.com time to read: +1 min

After visiting over 50 European cities, I'm often asked which places have been my favorites. However, I've found that each city I've been to has offered something different. A few of my favorite places to visit include Barcelona and Ljubljana, Slovenia. As someone who's visited over 50 European cities, I can help you narrow down your options. Here are the five cities in Europe I absolutely loved and can't wait to return to.

Persons: I'm, I've, —, who's Organizations: Service, Union, EU Locations: Barcelona, Ljubljana, Slovenia, Europe

☆ EU economics chief says the region needs a 'more assertive' industrial policy and competitiveness
▼ + stars: | 2024-04-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEU economics chief says the region needs a 'more assertive' industrial policy and competitivenessPaolo Gentiloni, Commissioner for Economy, European Commission joins CNBC's Karen Tso on the sidelines of the International Monetary Fund Spring Meetings.

Persons: Paolo Gentiloni, Karen Tso Organizations: EU, Economy, Commission, International Monetary

☆ A shift to renewable energy is 'hopeless' without efficiencies, environmentalist says
▼ + stars: | 2024-04-17 | by ( Vicky Mckeever | ) www.cnbc.com time to read: +3 min

Daniel Bosma | Moment | Getty ImagesExplorer and environmentalist Bertrand Piccard has called for a renewed focus on cutting energy waste, saying it's "hopeless" to shift to renewables without improving efficiency. "So if we try to replace fossil [fuel] energy with renewables without being efficient, without reducing the consumption, it's hopeless," he said. Another issue Piccard highlighted was that some countries only consider wind and solar as alternative renewable energy sources. Geothermal energy accounted for just 2.7% of renewable energy consumption, while wind power was 13.2% and solar energy was 7.2%. 'Paradox' of China's solar panel oversupplyPiccard also discussed the ongoing concerns about the potential oversupply of solar panels from China to the European market.

Persons: Daniel Bosma, Bertrand Piccard, Piccard, CNBC's Silvia Amaro, bioenergy, Janet Yellen Organizations: CNBC, Solar Impulse, European Commission, Treasury Locations: Netherlands, Europe, China, U.S

☆ Trade is being weaponized, EU's Dombrovskis says
▼ + stars: | 2024-04-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade is being weaponized, EU's Dombrovskis saysEU's Commissioner for Trade Valdis Dombrovskis discusses global trade at the International Monetary Fund Spring Meetings.

Persons: EU's Dombrovskis, Trade Valdis Dombrovskis Organizations: Trade, International Monetary

☆ U.S. and EU are preparing sanctions on Iran
▼ + stars: | 2024-04-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. and EU are preparing sanctions on IranThe U.S. and EU are preparing sanctions on Iran following the Islamic republic's missile and drone attack on Israel.

Organizations: U.S Locations: Iran, U.S, Israel

☆ Top EU official warns on 'weaponization of trade' as tensions ramp up between the U.S. and China
▼ + stars: | 2024-04-17 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Valdis Dombrovskis, Vice-President of the European Commission for the Euro & Social Dialogue, photographed at the Renaissance Harbour View Hotel in Wan Chai. 02DEC17 SCMP/ Xiaomei Chen (Photo by Chen Xiaomei/South China Morning Post via Getty Images)The European Union's trade chief on Wednesday warned against the "weaponization" of trade amid the latest ratcheting up of tensions between the U.S. and China. EU trade commissioner Valdis Dombrovskis told CNBC that he did not believe trade "protectionism" was the answer to heightened geopolitical tensions, but insisted that the bloc was willing to defend itself in the new trade environment. "The geopolitical landscape is changing, it's getting more fragmented, it's getting more conflictual, we see the weaponization of trade. So we need to equip ourselves also as the European Union to function in this more conflictual world," Dombrovskis told CNBC's Karen Tso.

Persons: Valdis Dombrovskis, 02DEC17, Xiaomei Chen, Chen Xiaomei, Dombrovskis, Karen Tso, Mario Draghi, Joe Biden, Katherine Tai Organizations: European Commission, South China Morning, Getty, U.S, CNBC, European Union, European Central Bank, U.S . Trade Locations: Wan Chai, South, China, EU, Pennsylvania, U.S

☆ Eurogroup president says Europe needs to take steps to enhance its own competitiveness
▼ + stars: | 2024-04-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEurogroup president says Europe needs to take steps to enhance its own competitivenessEurogroup President Paschal Donohoe discusses the state of play in the Europe and shares his views on what can be done to reduce internal hurdles in the EU’s single market.

Persons: Paschal Donohoe Locations: Europe

☆ Russia has Ukraine outgunned 10 to 1 on artillery, and 30 to 1 on its airforce, Zelenskyy says
▼ + stars: | 2024-04-17 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

Russia is firing 10 times more artillery than Ukraine, President Volodymyr Zelenskyy said. Russia also has 30 times more aircraft, he said, in a worrying sign for the country. Ukraine is suffering critical shortages with US aid stalled, and has warned it may need to retreat. AdvertisementThe US is the single biggest donor to Ukraine, but billions in further aid to Ukraine is stalled in Congress. Zelenskyy warned in March that Ukraine would have to start retreating if no new aid came from Congress.

Persons: Volodymyr Zelenskyy, —, Zelenskyy, We're, Jonathan Poquette Organizations: Service, PBS, Republicans, Ukraine Locations: Russia, Ukraine, Avdiivka

☆ ECB President Christine Lagarde: EU growth will come from wage increases while inflation falls
▼ + stars: | 2024-04-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailECB President Christine Lagarde: EU growth will come from wage increases while inflation fallsCNBC's Sara Eisen speaks with ECB President Christine Lagarde to discuss whether the central bank remains on course to cut interest rates, how geopolitical developments have impacted commodity prices, and more.

Persons: Christine Lagarde, Sara Eisen

☆ Ad transparency tools are 'major disappointment' ahead of election, new study shows
▼ + stars: | 2024-04-16 | by ( Hayden Field | ) www.cnbc.com time to read: +5 min

That's according to research out Tuesday from Mozilla and CheckFirst, which concludes that leading tech platforms are lagging in their ad transparency tools. None of the results were great, and some were "a major disappointment," according to the researchers. "This is now no longer something that's voluntary," Claire Pershan, EU advocacy lead at Mozilla, told CNBC. It's troubling news as the major platforms prepare for a huge year of elections that affect upward of 4 billion people in more than 40 countries. Lesplingart told CNBC that users had to know the advertiser name, targeted country and date of the advertisement in order to export to an ad file.

Persons: Sundar Pichai, Microsoft's Bing, Claire Pershan, Amaury Lesplingart, CheckFirst, Josh Becker, Lesplingart, Bing, Alibaba's, Zalando, Booking.com, TikTok, it's, we'd Organizations: Inc, Government, Society, Mozilla, Google, LinkedIn, Union's Digital Services, CNBC, Democratic, X, European Commission, DSA, Meta, YouTube Locations: Stanford , California, U.S, Meta, California

☆ Georgian politician punches opponent in face in brawl over ‘foreign agent’ law
▼ + stars: | 2024-04-15 | by ( ) edition.cnn.com time to read: +3 min

Georgian Dream said earlier this month it would reintroduce legislation requiring organizations that accept funds from abroad to register as foreign agents or face fines, 13 months after protests forced it to shelve the plan. Georgian Dream says it wants the country to join the EU and NATO, even as it has deepened ties with Russia and faced accusations of authoritarianism at home. In a statement, Kobakhidze defended the draft law as promoting accountability, and said it was “not clear” why Western countries opposed it. Once approved by members of the legislature’s legal affairs committee, which is controlled by Georgian Dream and its allies, the foreign agent bill can proceed to a first reading in parliament. Opinion polls show that Georgian Dream remains the most popular party, but has lost ground since 2020, when it won a narrow majority.

Persons: Mamuka Mdinaradze, Aleko, Elisashvili, Shakh, Irakli Kobakhidze, Kobakhidze, ” Organizations: CNN, Georgian, European Union, EU, NATO, AP, Kremlin, Georgia Locations: United States, Georgia, Russia, EU, Georgia's, British, Abkhazia, South Ossetia, . Georgia

☆ Israel says 300 Iranian drones and missiles downed in ‘unprecedented’ overnight attack
▼ + stars: | 2024-04-14 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +4 min

Iranians are waving Iranian flags and a Palestinian flag as they celebrate Iran's IRGC UAV and missile attack against Israel on April 14, 2024. Iran rained a deluge of drones and missiles on Israel on Saturday night in response to a suspected Israeli strike that killed top Iranian officials in Syria, in a deep escalation of Middle East tensions. Last night marked the first instance of a direct attack on Israel from Iranian territory. Iran vowed revenge after a suspected Israeli strike on an Iranian consulate in Damascus, Syria, on April 1, which killed several top Iranian military commanders. The European Union has blasted Tehran's offensive: "The EU strongly condemns the unacceptable Iranian attack against Israel," EU High Representative Josep Borrell said late Saturday on social media.

Persons: Israel, Daniel Hagari, Bashar al, –, Iran's, Mohammad Bagheri, Gilad Erdan, Josep Borrell, Joe Biden, Washington, Steve Scalise, Mitch McConnell Organizations: Israel, Israel Defense Forces, Hamas, Yemeni, Guards, Islamic Republic News Agency, . Security, Iranian Revolutionary Guard Corps, European, EU, Biden, –, U.S . House, Republican Locations: Iran, Israel, Syria, Iraq, Yemen, Lebanon, Strait, Hormuz, Gaza, Iranian, Damascus, France, Ukraine, U.S

☆ Millennials aren't giving up on having a home they love
▼ + stars: | 2024-04-13 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +5 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . From the home shortage to having higher debt compared to their parents during the same stage of life, it hasn't been easy. AdvertisementBut millennials, the eldest of the group being in their early 40s, aren't giving up. Still, while some millennials are spending seven figures buying and renovating their homes, others are giving up on homeownership completely. Why Masters merch is so coveted.

Persons: —, let's, Alyssa Powell, millennials, homeownership, they're, Brigette Muller, Kinga Krzeminska, you've, Mikel Jaso, It's, Christian Petersen, merch, Rob Hobson, Rob Hobson Skip, Hobson, bagels, Tyler Le, Patti Stanger, Robert Downey Jr, Brandy Hellville, Kate Taylor, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan Organizations: Business, Service, HGTV, EU, Getty Locations: Brooklyn, Italy, Swiss, New York

☆ Opinion: The world rushes to court Trump
▼ + stars: | 2024-04-12 | by ( Opinion Frida Ghitis | ) edition.cnn.com time to read: +7 min

She is a weekly opinion contributor to CNN, a contributing columnist to The Washington Post and a columnist for World Politics Review. Now, they’re urgently working on two fronts: seeking to Trump-proof their foreign policy and defense, and hoping to minimize the potential negative impact of a Trump victory. Making matters more unusual – and far more unethical – Trump has effectively launched his own shadow foreign policy, actively undermining Biden’s – America’s – policy. Not only is the former president leveraging his control of the Republican Party to block US aid to Ukraine ‑ Trump is interfering in US foreign policy elsewhere. Interfering in US foreign policy is bad enough, but there’s also an unseemly financial angle.

Persons: Frida Ghitis, Fumio Kishida, David Cameron, Donald Trump, –, It’s, they’re, Putin, Trump, Jens Stoltenberg, Viktor Orban, ”, Orban, “, ’, Joe Biden’s, – Trump, Biden’s, Ukraine ‑ Trump, Richard Grenell, Grenell, Grennell, there’s, Jared Kushner, Aleksandar Vucic, ingratiate, Japan’s, Shinzo Abe, Ivanka Trump, —, Biden Organizations: CNN, Washington Post, Politics, Washington , D.C, British, Trump, Ukraine –, NATO, European, Trump Heritage Foundation, ”, EU, Europe –, Republican Party, Serbian Locations: Washington ,, Japan, United States, Mar, Europe, Russia, European Union, Ukraine, EU, ” Russia, “, East, Guatemala, Washington, Serbia, New York

☆ WhatsApp lowers minimum age in Europe to 13
▼ + stars: | 2024-04-12 | by ( Anna Cooban | Eve Brennan | ) edition.cnn.com time to read: +3 min

London CNN —Social media giant Meta has lowered the minimum age required to use WhatsApp in Europe to 13 from 16, sparking criticism from children’s rights advocates. The new minimum age of 13 was also announced for users in the United Kingdom in February. Vicky Ford, a UK lawmaker from the ruling Conservative Party and member of a key government committee on education, called the decision to lower the minimum age without speaking to parents first “irresponsible,” PA Media reported. Meta under fireMeta has been roundly criticized in the past for its push to lower age restrictions across platforms in the United States. Last year, the company said it was planning to reduce the minimum age for its virtual reality app from 13 to 10 years old, despite pressure from US lawmakers not to market such services to younger users.

Persons: —, ”, Daisy Greenwell, “, Vicky Ford, Mark Zuckerberg, Zuckerberg, Europe — Meta Organizations: London CNN — Social, Conservative Party, Media, CNN, European Commission, Meta, Facebook, Europe — Locations: Europe, United Kingdom, United States

☆ Global airlines are governed by strict 'freedoms of the air' dating back 80 years. They've created some funky routes.
▼ + stars: | 2024-04-12 | by ( Taylor Rains | ) www.businessinsider.com time to read: +8 min

Global airlines are governed by nine "freedoms of the air," drafted 80 years ago in 1944. The fifth freedom can give airlines a competitive edge and help capitalize on demand. "Five Freedom Agreements"Qantas flies a Boeing 787 on its fifth freedom route between Sydney and New York. Seventh FreedomThe seventh freedom is similar to the fifth freedom but takes out the limitation of where the route must start or end. Ninth FreedomAdvertisementThis cabotage freedom allows an airline of one nation to fly between two points in a separate single country.

Persons: —, Vytautas Kielaitis, Taylor Rains, Toshi, Nicolas Economou Organizations: Service, International Civil Aviation Organization, United Nations, Chicago Convention, ICAO, Chicago, European Union, Singapore Airlines, Airbus, Qantas, Google Flights, United Airlines, FAA, Emirates, Latam Airlines, Atlantic . Emirates, luxe, Forbes, Air Senegal, Boeing, Ryanair, Getty, Nice Locations: New York, Singapore, Frankfurt, Germany, Emirates, JFK, Milan, Newark, Athens, Dubai, Australian, Sydney, Auckland , New Zealand, Cebu, Philippines, Tokyo, —, Mexico City, Barcelona, Santiago, Chile, Auckland, Amsterdam, Buenos Aires, Los Angeles, Australia, Dakar, Baltimore, Ireland, Rome, Vilnius, Lithuania, Paris

☆ EU probe of weight loss and diabetes drugs like Wegovy, Ozempic finds no link to suicidal thoughts
▼ + stars: | 2024-04-12 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

European Union drug regulators found no evidence that highly popular weight loss and diabetes drugs such as Wegovy and Ozempic are linked to an increased risk of suicidal thoughts and self-injury, the regulator said Friday. The review examined several drugs from Novo Nordisk , including Wegovy and Ozempic. Clinical trials from Novo Nordisk and Eli Lilly have not demonstrated a link between GLP-1s and suicidal thoughts. The probe also included other active ingredients in older weight loss and diabetes drugs, including dulaglutide, exenatide and lixisenatide. Results from another study conducted by the agency also did not support a link between GLP-1 drugs and the risk of suicidal thoughts.

Persons: Eli Lilly, couldn't, Liraglutide Organizations: Novo Nordisk, European Union, European Medicines Agency, U.S . Food, Drug Administration, EMA, Icelandic Medicines Agency Locations: London, Britain, Novo, U.S, GLP, Wegovy, Ozempic

☆ I tried gourmet food prepared from chicken feathers. Here’s how it’s made – and what it tasted like
▼ + stars: | 2024-04-12 | by ( Leah Collins | ) edition.cnn.com time to read: +7 min

But when I discovered a London-based project turning discarded chicken feathers into edible proteins, I admit I was skeptical. The company behind the project, Kera Protein Ltd., has a unique approach to its lab-produced protein product. Since then, he and his business partner, Tom Washington, have delved into the issue of waste management - focusing particularly on chicken feathers. To make the food we tried, Kera extracted feathers from discarded chicken carcasses in partnership with a local farm. “We hope to revolutionize the way people view chicken feathers, demonstrating their potential as a valuable resource rather than just a dirty by-product.”

Persons: London CNN — I’m, it’s, Tom Washington, It’s, Kittibanthorn, Nathan “ Phayu ” Brown, “, ”, Leah Collins, Chef Brown, Brown, Kera Organizations: CNN, London CNN, Kera Protein Ltd, Central Saint Martins, Kera Protein, Protein, Soil Association, Novel Locations: London, Kera, Thailand, Laos, Thai, Washington

☆ Belgium to investigate Russian interference in EU elections
▼ + stars: | 2024-04-12 | by ( Luke Mcgee | Eve Brennan | ) edition.cnn.com time to read: +3 min

CNN —Belgium will investigate suspected Russian meddling in European Parliament elections after the country’s intelligence services confirmed “pro-Russian interference networks,” Prime Minister Alexander De Croo said on Friday. “The cash payments did not take place in Belgium, but the interference does,” De Croo added. The next elections to the European Parliament will take place from June 6-9, according to the European Council. Far-right and populist parties, some of whom are considered sympathetic to the Kremlin, are expected to make gains at the European Parliament elections. European support for Ukraine has become increasingly important as US support for Kyiv has faltered in recent months.

Persons: Alexander De Croo, De Croo, ”, Viktor Orban –, Vladimir Putin –, Donald Trump Organizations: CNN, ”, EU, European Council, Russian, Kyiv Locations: Belgium, Russian, Ukraine, Europe, Moscow, Belgian, Russia, EU, Viktor Orban – Hungarian

☆ Italy launched a new digital nomad visa—find out if you qualify and where to apply
▼ + stars: | 2024-04-12 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

Italy is one of the many countries in Europe now offering digital nomad visas. If you're a digital nomad or a remote worker looking for your next home away from home, consider Italy. The country's new digital nomad visa went into effect his month, according to Euronews. The visa is good for one year and can be renewed Armando Oliveira | Istock | Getty ImagesTo take advantage of Italy's new digital nomad visa, remote workers must have an annual income of at least three times the minimum level required for exemption from participating in healthcare costs. Italy also requires applicants to have health insurance for the duration of their stay, suitable accommodations, and proof that they have been digital nomads or remote workers in another place for at least six months.

Persons: Armando Oliveira Organizations: Istock Locations: Italy, Europe, Italian

☆ China is worried about overcapacity, too — but it sees the problem differently than the US
▼ + stars: | 2024-04-11 | by ( Huileng Tan | ) www.businessinsider.com time to read: +6 min

The US treasury secretary raised concerns about China's overproduction in her recent visit to the country. China has hit back at her concerns, but it's also concerned about overcapacity, an economist says. Just like the US and all of China's trading partners, Chinese authorities are concerned about industrial overcapacity and want to curb it. She added that China's trade surplus with the world meant there might be fewer incentives for Beijing to tackle the issue. AdvertisementAnalysts expect the US debate over its trade issues with China to heat up heading into the presidential election season.

Persons: it's, —, Yue Su, Su, Janet Yellen, Janet Yellen's, Yellen, Li Qiang, Mao Ning, Mao Organizations: Service, Economist Intelligence Unit, European Union, EU, Commerce Department Locations: China, Beijing, People's Republic of China, Thailand, EU, —

☆ China says EU subsidy probes interfere with China, Europe cooperation
▼ + stars: | 2024-04-11 | by ( ) www.cnbc.com time to read: +1 min

Subsidy investigations started by the European Union interfere with the mutually beneficial cooperation between China and Europe, and China resolutely opposes them, a Chinese commerce ministry official said. Subsidy investigations started by the European Union interfere with the mutually beneficial cooperation between China and Europe, and China resolutely opposes them, a Chinese commerce ministry official said. The official, who was not identified in a statement released by the department on Thursday, believes the probes launched by the European Union so far are all aimed at Chinese new energy-related enterprises, which will seriously damage the confidence of its firms in carrying out investment and trade cooperation in the EU. The remarks came from the head of the Trade Remedies Bureau of the Chinese Ministry of Commerce in a meeting with Martin Lukas, director general of the trade defense department of the European Commission, in Brussels, according to the statement.

Persons: Martin Lukas Organizations: European Union, EU, Chinese Ministry of Commerce, European Commission Locations: European, China, Europe, Brussels

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