Muhamad Yehia US president Donald Trump has kicked trading tensions up a notch by threatening tariffs on EU alcohol, even as ECB president Lagarde warns that an escalating trade war could have severe global consequences. European markets remained buoyant on Friday afternoon, heading towards a strong close, despite US president …

Muhamad Yehia Germany’s next chancellor, Friedrich Merz, struck a deal to loosen borrowing limits, unleashing €500 billion for defence and infrastructure. Markets surged, while analysts debated its impact on inflation and ECB rate policy. Germany’s conservative leader Friedrich Merz, set to become the next chancellor, sealed a landmark deal on …

Muhamad Yehia The agreement reached with the Greens would allow Germany to spend up to €1 trillion on defence and infrastructure over the next decade. After days of intense debate, Germany’s leading political parties have announced a historic deal on a spending programme to unlock hundreds of billions of euros …