Breaking

US trade deficit hits $1.24 trillion in 2025 despite tariffs

The United States recorded a historic trade deficit of $1.241 trillion in 2025, marking a 2.1% increase compared with the previous year, according to data released by the US Department of Commerce. This record deficit occurred despite the implementation of tariffs aimed at rebalancing trade flows with key international partners. In December,......

Tanger Med surpasses Algeciras and Valencia combined, narrows gap with Rotterdam and Antwerp

The Tanger Med port complex has consolidated its position as the leading maritime hub in the western Mediterranean, overtaking major Spanish ports and steadily closing the gap with Europe’s largest container gateways. Located in northern Morocco, Tanger Med has recorded sustained growth in international shipping, handling more than......

France welcomes 102 million international visitors in 2025, government says

France confirmed its position as the world’s most visited country in 2025, welcoming 102 million international visitors, according to figures released by the French Ministry of Tourism. The total marks an increase from 100 million foreign arrivals in 2024 and generated a record €77.5 billion in international tourism revenue, up......

US energy secretary urges IEA to drop climate focus at Paris meeting

US Energy Secretary Chris Wright called on the International Energy Agency to abandon its climate related work during the organization’s ministerial meeting in Paris on Wednesday, escalating tensions that could lead Washington to withdraw from the influential global energy body. Speaking at the biennial gathering of energy ministers......

Christine Lagarde expected to step down early from ECB, FT reports

Christine Lagarde is expected to leave the European Central Bank before the end of her eight year term as president, which is due to expire in October 2027, according to a report published by the Financial Times on February 18, 2026. The development would mark a reversal for Lagarde, who less than a year ago said she was determined to complete......

European natural gas falls to five week low on milder weather forecasts

European natural gas prices dropped sharply on Monday as forecasts of milder temperatures across the continent eased immediate concerns over heating demand. The benchmark Dutch TTF contract slid more than 5 percent to around 30.75 euros per megawatt hour, according to Trading Economics, marking its lowest level since mid January. The decline......

Rabobank warns ECB euro liquidity plan could widen trade deficits

Rabobank has raised concerns over the European Central Bank’s decision to expand its euro repo facility to central banks worldwide, warning that the move could require larger European trade deficits and a stronger euro, outcomes that may prove politically sensitive across member states. In its Global Daily report published Sunday, the......

European monarchies embrace gender-equal succession with female heirs

Several European monarchies now recognize women as first in line to the throne, including Spain, Belgium, the Netherlands, Norway, and Sweden. This development stems from the adoption of absolute primogeniture, a system that allows the eldest child to inherit the throne regardless of gender. The shift toward gender-equal succession represents......

Rare toxin allegedly used in Navalny case, say five countries including France

Five countries, including the United Kingdom and France, have concluded that Russian opposition figure Alexei Navalny was poisoned with a rare toxin prior to his death in prison in February 2024. The findings were disclosed by London during the Munich Security Conference, as part of a joint investigation conducted alongside Germany, Sweden......

Tesla retail sales in China plunge 45 percent to lowest level since 2022

Tesla is facing mounting pressure in its two largest overseas markets after January 2026 data showed sharp sales declines in both China and Europe, as the company appoints its fourth global sales chief in 18 months. In China, the world’s largest electric vehicle market, Tesla’s retail sales fell 45 percent year on year to 18,485......

Ye to stage first European concerts in over a decade

Ye, the artist widely known as Kanye West, will return to Europe this summer with a headline show at the GelreDome in Arnhem, Netherlands, on June 6, 2026, marking his first live performance on the continent since 2014. A second concert is scheduled for July 18 at the RCF Arena in Reggio Emilia, Italy, according to announcements made Monday......

Honda quarterly operating profit plunges as tariffs and EV slowdown bite

Honda Motor reported a sharp fall in profits as U.S. import tariffs, weakening demand for electric vehicles, and ongoing semiconductor supply disruptions continued to weigh on performance. The Japanese automaker said net profit for the nine months through December fell 42 percent from a year earlier to 465.44 billion yen, while revenue over......

European banking alliance urges urgent alternatives to Visa and Mastercard

Europe must urgently reduce its reliance on US payment giants Visa and Mastercard, the head of the European Payments Initiative has warned, as officials grow increasingly concerned that American-controlled financial infrastructure could be used as leverage amid worsening transatlantic relations. Martina Weimert, chief executive of the EPI......

This website, walaw.press, uses cookies to provide you with a good browsing experience and to continuously improve our services. By continuing to browse this site, you agree to the use of these cookies.