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Firms expand currency hedging as global volatility rises

Nearly nine in ten medium-sized companies across North America and Europe are now protecting themselves against foreign exchange swings, as prolonged market turbulence and policy uncertainty drive a structural shift in corporate treasury strategies. The 2026 MillTech Global FX Report found that 88 percent of surveyed firms hedge currency exposure,......

Europe invests €45 billion in wind power as policy uncertainty clouds growth

Europe channelled €45 billion into wind energy projects in 2025, installing 19.1 gigawatts of new capacity despite industry warnings that planned EU policy reforms could weaken investor confidence. According to WindEurope’s annual report, total installed capacity reached 304 gigawatts, up from about 285 gigawatts the year before.......

Seb plans global job cuts to restore profitability amid rising competition

French household appliance manufacturer Groupe SEB has announced a global cost-saving plan that could lead to the elimination of up to 2,100 jobs worldwide, including around 500 positions in France, as part of a broader strategy to restore profitability and adapt to intensifying international competition. The restructuring plan,......

Europe’s extreme heat surges tenfold as new metrics expose climate risk

Extreme heat events across Europe have intensified by about a factor of ten in recent decades, as a new study from the University of Graz links this surge directly to human‑driven climate change. Using a novel computation method applied to more than six decades of temperature records, the research shows that heatwaves are not only more frequent......

ECB’s Panetta highlights role of Chinese imports in euro zone inflation slowdown

Fabio Panetta, member of the European Central Bank Governing Council, has pointed to competition from inexpensive Chinese imports as a factor behind the sharper-than-expected slowdown in euro zone inflation earlier this year. Speaking at the Assiom-Forex financial conference in Venice, Italy, Panetta noted that both upside and downside risks......

Five European powers push for a more European Nato

France, Germany, Italy, Poland and the United Kingdom have reaffirmed their determination to shoulder greater responsibility for Europe’s security, calling for what they described as a “more European” NATO. Meeting in Krakow, senior defense officials from the five countries — often referred to as the “E5”......

CIA allegedly aware early of Nord Stream sabotage plans, German media reports

US intelligence reportedly had early knowledge of Ukrainian plans to sabotage the Nord Stream natural gas pipelines, German media outlet Der Spiegel reported on Thursday. According to the report, CIA officers met with Ukrainian operatives in spring 2022 to discuss potential operations targeting the pipelines running beneath the Baltic Sea......

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......

Morocco named Africa’s most beautiful country in 2025 by the Readers’ Choice Awards

Morocco has reaffirmed its international appeal by being named the most beautiful country in Africa in 2025, according to the Readers’ Choice Awards published by Condé Nast Traveler. Based on votes from travelers worldwide, this ranking annually highlights the most appreciated destinations for their cultural richness, natural......

Cambridge University returns Benin bronzes to Nigeria

The University of Cambridge has announced the restitution of 116 artifacts from the former Kingdom of Benin to Nigeria, marking another significant step in the global movement to return cultural heritage taken during the colonial era. The objects, commonly known as the Benin Bronzes, are held by the Museum of Archaeology and Anthropology......

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......

Türkiye prepares new social media regulations to protect children

Türkiye is preparing to introduce new regulations aimed at strengthening protections for children on social media platforms, according to Family and Social Services Minister Mahinur Özdemir Göktaş. In a statement shared on the domestic social media platform NSosyal, Göktaş said authorities are close to implementing measures......

Germany: in Munich, Friedrich Merz reaffirms plan to make the Bundeswehr Europe’s strongest conventional army

At the Munich Security Conference, German Chancellor Friedrich Merz delivered a forceful message about Europe’s changing geopolitical environment, declaring that Germany intends to build the Bundeswehr into “the most powerful conventional army in Europe.” Speaking before an audience of global security leaders in Munich,......

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