The European Central Bank opted on Thursday to hold its key deposit rate at 2 percent, pausing a year-long easing cycle that has seen rates cut by a total of 200 basis points since mid‑2024. Policymakers cited the alignment of annual… Read More ›
Day: July 24, 2025
Rising Costs and Market Shifts Drive June Decline in European Car Registrations
New car registrations across Europe dipped sharply in June, marking a more than 5 percent year‑on‑year decrease to roughly 1.24 million vehicles. This downturn hit both legacy automakers and newcomers, underscoring how intertwined economic pressures, supply constraints and shifting consumer preferences are… Read More ›
EU Chief Urges Trade Reset with China amid Mounting Deficit and Strategic Concerns
European Commission President Ursula von der Leyen used the high‑profile EU‑China summit to underscore a growing sense of urgency: the European Union’s trade relationship with China must become more balanced. Speaking in Beijing, von der Leyen laid out a litany… Read More ›
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