“The impact on savings and retail banks of the digital euro taking a big chunk of card transactions will depend on the holding limits the ECB imposes, and [on] the underlying business model of the digital currency,” said Diederik Bruggink,…
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Vietnam starts mass evacuations, shuts airports as Typhoon Kajiki approaches
A man wearing a raincoat rides a bicycle on a road before Typhoon Kajiki makes landfall in Vietnam, in Nghe An province on August 25, 2025.
Nhac Nguyen | Afp | Getty Images
Vietnam has shut down airports, closed schools, and initiated mass…
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EU finance cop ‘frustrated’ at lack of European mega-bank mergers – POLITICO
Fostering a more effective single market for banking would necessitate breaking down those barriers, Campa said. “There are things that we can do … but that requires a significant political consensus because those rules are there for a…
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Trump deal threatens EU’s image as champion of rules-based trade – POLITICO
At first, Brussels resisted the idea of coordinating with other countries hit by Trump’s tariffs, such as Canada or Mexico. But it eventually changed course.
“The main criticism that can be made against the Commission is that it did not…
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EU probes Greece on recycling projects – POLITICO
The company had won the tender for the project despite suggesting that the kiosks would be around five times more expensive than what it could cost based on market prices.
Greece is also on track to fail on its obligation to recycle 55… Continue Reading
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‘Aggressive economic leverage’: JD Vance says India punished to squeeze Russia
India is facing a crushing 50% tariff wall from the United States, a move that American Vice President JD Vance admits is aimed at squeezing Russia—by punishing New Delhi. The Trump administration’s logic: hit India’s oil trade to disrupt…
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India, Russia come closer to reviving trade corridors, bolstering economic ties
Moscow/New Delhi, Aug 25 (IANS) Amid the reshaping of the global trade order owing to tariff-led negotiations by the United States (US), the just-concluded visit of External Affairs Minister (EAM) S Jaishankar to Russia, which explored ways to…
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Dont threaten us EU state to Zelensky
Hungary denounces Ukraines attacks on Russian oil pipeline
Hungary has warned Ukraine to stop disrupting its energy supply from Russia after Kiev targeted a key pipeline delivering oil to Central Europe.
Ukrainian forces struck the Soviet-era…
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The battery race comes to Norway – POLITICO
If all goes according to plan, Morrow will then expand to vehicles, with plans to build another three LFP facilities in Arendal before 2029.
Of course, this company won’t be able to match China’s formidable LFP production on its own …
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A tennis superstar heals old Italian wounds – POLITICO
Monghini said she was drawn to Sinner’s elegance, his maturity and his dedication to hard work. “I spent five years in the mountains. I understand a bit what the type is like. They get straight to the point, don’t make a fuss, keep…
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