IMF chief: European lifestyle is at risk if productivity isn’t boosted
IMF chief: European lifestyle is at risk if productivity isn’t boosted
Progress on the single market needs to be a priority for the European Union, Kristalina Georgieva told Euronews.
READ MORE : http://www.euronews.com/2025/06/19/imf-chief-european-lifestyle-is-at-risk-if-productivity-isnt-boosted
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Trump Vs BRICS: In a move set to rattle global markets, former President Donald Trump has issued a severe warning to the BRICS nations and their allies. He threatens to impose a blanket 10% tariff on any country adopting what he terms "anti-American" policies backed by the bloc. This declaration comes after the 2025 BRICS Summit in Brazil, where the member nations, now numbering ten, issued a joint condemnation of recent US-Israel strikes on Iranian nuclear facilities, calling them "illegal."
The BRICS bloc, now representing 45% of the global population and 35% of the world's GDP, has become a significant geopolitical force. In their summit, they also criticized the West's "double standards" on global terror, specifically citing the Pahalgam attack in Kashmir as an example. This direct reference brings the conflict to India's doorstep. Trump claims the tariff letters for 12 countries are already "signed and ready," though sources suggest this could be a strategic bluff to test the bloc's unity.
This escalating tension is rooted in BRICS's core mission: to reduce dependence on the U.S. dollar. With their internal trade hitting $1 trillion in 2025 through local currency systems, the bloc, heavily influenced by China and Russia, is seen as a direct challenge to America's sanctions power and its dominance via institutions like the IMF and G7. For Trump, the bloc's growing anti-West stance and expanding economic influence represents a primary threat to American global leadership, setting the stage for a potential economic war.
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Middle East conflict adding to uncertainty amid trade tensions, IMF chief says
Former European Commission Vice-President and current IMF chief Kristalina Georgieva spoke to Euronews about the state of the global economy amid escalating trade tensions and the outbreak of a new conflict involving Iran.
READ MORE : http://www.euronews.com/2025/06/18/middle-east-conflict-adding-to-uncertainty-amid-trade-tensions-imf-chief
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Credit: euronews (in English) Duration: 03:00Published
A fierce war of words has erupted between the United States and Russia after former US President Donald Trump threatened to impose "secondary tariffs" of up to 100% if Moscow does not end the war in Ukraine within 50 days. Trump, speaking at a White House press event, warned that he was "very unhappy" with the ongoing conflict and that severe economic consequences would follow.
Responding to the threat, Russia's Foreign Minister Sergei Lavrov delivered a sharp and dismissive rebuke from China. Lavrov stated unequivocally, "We are not worried, it's not our job to worry," indicating that Russia is prepared to withstand any new sanctions. He further mocked Trump's timeline, pointing out the shifting deadlines from the US. "Now it's 50 days, it used to be 24 hours, also 100 days. We've been through that already," Lavrov commented, suggesting a lack of seriousness in the American threat.
The defiant stance was echoed by Russian Deputy Minister Ryabkov, who asserted that "any attempts to make demands or ultimatums are unacceptable" to the Kremlin. This bold response comes even as the United States finalizes plans to supply more advanced weaponry to Ukraine, with funding provided by the European Union. Russia's confidence appears unshaken, escalating geopolitical tensions and leaving the world to wonder what Trump's next move will be in this high-stakes standoff.
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These EU countries are air con addicts: Who consumes the most energy to cool down?
New data shows Italy is by far the EU's largest consumer of air conditioning, followed by Greece, France and Spain.
READ MORE : http://www.euronews.com/2025/07/15/these-eu-countries-are-air-con-addicts-who-consumes-the-most-energy-to-cool-down
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Credit: euronews (in English) Duration: 01:30Published
The EU advances its retaliation to US tariffs
Caught off guard while preparing to sign an agreement in principle with the US on tariffs, the EU is gearing up for retaliation in case negotiations fail following the new US threats over the weekend.
READ MORE : http://www.euronews.com/2025/07/14/the-eu-advances-its-retaliation-to-us-tariffs
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Credit: euronews (in English) Duration: 01:56Published
Panama did not cede sovereignty to the US, foreign minister tells Euronews
In an interview with Euronews, Panama's Foreign Minister Javier Martínez-Acha said that the US military exercises taking place in the South American country are temporary and that no foreign armed forces will remain there permanently.
READ MORE : http://www.euronews.com/2025/07/15/panama-did-not-cede-sovereignty-to-the-us-foreign-minister-tells-euronews
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Credit: euronews (in English) Duration: 02:08Published
Exclusive: Israel has no plans for long-term control of Gaza, FM Sa'ar tells Euronews
Israel's foreign affairs minister Gideon Sa'ar tells Euronews that his country doesn't 'have any intention' to control Gaza long term, adding that the Jewish state has "only security concerns" over the Strip.
READ MORE : http://www.euronews.com/2025/07/14/we-dont-have-any-intention-to-control-gaza-long-term-israeli-foreign-minister-tells-eurone
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Credit: euronews (in English) Duration: 01:50Published
Hoekstra warns Trump policy is a “major blow” to climate efforts
US retreat from climate commitments under the Trump administration will have “significant consequences” for the planet, EU Climate Commissioner Wopke Hoekstra told Euronews at The Europe Conversation. His comments came after the EU unveiled its roadmap to cut polluting emissions by 90% by 2040
READ MORE : http://www.euronews.com/2025/07/10/hoekstra-warns-trump-policy-is-a-major-blow-to-climate-efforts
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Credit: euronews (in English) Duration: 12:00Published
Car industry needs to ‘shape up’ to compete with Chinese EVs, says Volvo CEO
“There is really no protection in the form of tariffs. The only protection for our industry is that we shape up and we need to be more competitive,” Volvo’s CEO told Euronews.
READ MORE : http://www.euronews.com/2025/07/07/car-industry-needs-to-shape-up-to-compete-with-chinese-evs-says-volvo-ceo
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Credit: euronews (in English) Duration: 08:00Published
Russia launches massive aerial attack on Kyiv, injuring at least 23
As Kyiv suffered a major attack overnight on Friday, one resident who lives in the centre of the Ukrainian capital told Euronews that the number of Shahed drones "are far more numerous and deadlier than before".
READ MORE : http://www.euronews.com/2025/07/04/russia-launches-massive-aerial-attack-on-kyiv-with-550-drones-and-missiles
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Credit: euronews (in English) Duration: 01:17Published
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