European Union

ECB defends stimulus scheme from German court challenge

ECB defends stimulus scheme from German court challenge

Published 10/07/2018

LUXEMBOURG (Reuters) - The European Central Bank defended its 2.6 trillion-euro bond-buying program before the European Union’s top court on Tuesday from accusations it was [more…]

Italy stops ship with migrants, turns up pressure on EU allies

Italy stops ship with migrants, turns up pressure on EU allies

Published 10/07/2018

ROME (Reuters) - Italy has refused to allow a commercial vessel flying an Italian flag to bring ashore rescued migrants, sticking to a hardline policy [more…]

Britain’s May reasserts her authority after Brexit resignations

Britain’s May reasserts her authority after Brexit resignations

Published 10/07/2018

LONDON (Reuters) - British Prime Minister Theresa May moved to reassert her authority on Tuesday after two top cabinet members quit and launched broadsides against [more…]

Trump says ‘up to the people’ whether to back Prime Minister May

Trump says ‘up to the people’ whether to back Prime Minister May

Published 10/07/2018

WASHINGTON (Reuters) - Asked whether British Prime Minister Theresa May would stay in power amid ongoing turmoil over Brexit plans, U.S. President Donald Trump on [more…]

Dollar rises as trade war fears fade, risk sentiment returns

Dollar rises as trade war fears fade, risk sentiment returns

Published 10/07/2018

LONDON (Reuters) - The dollar strengthened broadly on Monday and neared a six-month high against the Japanese yen as investors bought riskier assets, encouraged by [more…]

Don’t take risks with economy, Italy’s central bank tells new…

Don’t take risks with economy, Italy’s central bank tells new…

Published 10/07/2018

ROME (Reuters) - The head of Italy’s central bank on Tuesday warned the new anti-establishment government to be cautious with public finances to avoid upsetting [more…]

Canada’s NATO troops will stay in Latvia for another four years:…

Canada’s NATO troops will stay in Latvia for another four years:…

Published 10/07/2018

RIGA (Reuters) - Canada will extend its military presence in Latvia by four years, Canadian Prime Minister Justin Trudeau said on Tuesday during a visit [more…]

UK cabinet discussed Brexit policy document, plans no-deal exit: PM…

UK cabinet discussed Brexit policy document, plans no-deal exit: PM…

Published 10/07/2018

LONDON (Reuters) - Britain’s cabinet discussed the so-called white paper Brexit policy document and stepping up preparations for a no-deal exit, Prime Minister Theresa May’s [more…]

Iran vows to sell as much oil as it can in face of U.S. sanctions

Iran vows to sell as much oil as it can in face of U.S. sanctions

Published 10/07/2018

LONDON (Reuters) - Iran’s vice president acknowledged on Tuesday that U.S. sanctions would hurt the economy, but promised to “sell as much oil as we [more…]

Italy calls for risk-sharing in euro zone banking union

Italy calls for risk-sharing in euro zone banking union

Published 10/07/2018

ROME (Reuters) - Italian Economy Minister Giovanni Tria called on Tuesday for greater risk sharing in order to strengthen the euro zone banking system. In [more…]