The Euro Priced Croatian Tourism Out of Its Own Advantage
The tourism industry in Croatia is getting a harsh wake-up call just as peak season begins. Tourists are canceling reservations in…
Who Is Cashing In on Sanctions Against Russia?
Sanctions against Russia have created a billion-dollar business. Greek shipping companies are making a fortune transporting Russia…
How Could Trump Cut Off Trade with Spain?
The US president is angry over Madrid’s stance on Iran and defense spending. Spain has blocked US forces from using its bases for …
100,000 Jobs: Volkswagen’s Brussels Problem
When politicians replace stable rules with ad hoc market intervention, the economic consequences eventually follow. Volkswagen is …
New EU Tariffs Could Delay Temu and Shein Shipments
Ordering a €2 phone case, a €5 T-shirt or other low-cost items from Asian online marketplaces is about to become noticeably more e…
Buffett Freezes Gates Foundation Donation over Epstein Fallout
Warren Buffett is holding back his usual midyear donation to the Gates Foundation as new court deadlines, congressional subpoenas …
EU Carbon Tariff Deals Fresh Blow to Ukraine's Steel Industry
The EU carbon tariff, intended to protect European manufacturers, is already taking a toll on war-torn Ukraine. Although the mecha…
Heat Waves Are Becoming a Hidden Tax on Europe’s Economy
High temperatures do not affect everyone equally. Field workers, households without air conditioning and unprepared businesses pay…
AI Is Starting to Siphon Off Capital as Memory Manufacturers Win
Wall Street is beginning to question whether trillion-dollar investments in artificial intelligence will turn into profits any tim…
France’s Debt Trap Tightens as Borrowing Tops €3.5tn
French debt is breaking records. Yet without a political majority, Paris has little room to confront a state that has grown used t…
AI Gets a Cold Shower, but Micron Saves the Tech Sector
Markets were rattled by doubts over artificial intelligence valuations, a stronger dollar and the prospect of higher US interest r…
Canada’s Immigration Growth Illusion
Canada’s headline GDP kept growing while living standards barely moved. Economists say the country’s experience offers Europe a wa…
The EU's New GMO Rules: What They Mean for the Future of Food
After three years of negotiations, the European Union has voted to ease restrictions on new genetically modified foods, a decision…
Alan Greenspan, Fed Chair Who Would End the Fed, RIP
He was a musician, an economist and a popular leader of America’s central bank. He was also a quiet radical.
Middle East Relief Cheers Investors, but BMW Hits a Wall
Easing tensions in the Middle East have reassured investors, and artificial intelligence continues to excite markets. The decline …