Muhamad Yehia.. Cairo According to global urbanist Greg Clark, 55 years from now, the world’s population will have peaked, and nearly all of it will be living in cities. But what challenges will this bring? And what are the possible solutions My Wildest Prediction is a podcast series from Euronews …
Read More »Wall Street rally falters as Trump sends mixed tariff signals
Muhamad Yehia.. Cairo The rebound in the US stock markets ran out of steam after a two-day rally as the Trump administration sent mixed messages regarding its tariff plans on other countries, particularly China. US stock markets closed higher but well off intraday highs on Wednesday, even as President Donald …
Read More »US Treasury Secretary says IMF and World Bank need reform
Muhamad Yehia.. Cairo Treasury Secretary Scott Bessent said the institutions “serve critical roles in the international system. And the Trump administration is eager to work with them — so long as they can stay true to their missions.” The US Treasury Secretary Scott Bessent levelled harsh criticism at the operations …
Read More »European defence spending gives Thales a boost as it reinforces 2025 targets
Muhamad Yehia.. Cairo Thales’ sales in the first quarter were supported by increased European defence spending. However, new orders lagged mainly due to a very high comparison base, especially for defence. French aerospace and defence giant Thales reported total first quarter 2025 sales of €5 billion, which was an increase …
Read More »Construction lifts German sentiment to 9-month highs but trade clouds loom
Muhamad Yehia.. Cairo Germany’s business morale rose to a 9-month high in April, yet sector confidence remains split. Manufacturing lags on trade fears, while construction and services gain. Germany’s corporate morale edged higher for the fourth straight month in April, reaching its highest point since last summer, yet business leaders …
Read More »Trump claims meeting with China after Beijing denies any trade negotiations
Muhamad Yehia.. Cairo Trump insisted that a meeting with China had taken place regarding tariff negotiations, despite Beijing denying any such talks. Investors, however, saw signs of a de-escalation in the trade war, as global stock markets recovered most of the losses in April. US President Donald Trump said on …
Read More »Alphabet shares jump as Google Search advertising boosts growth in first quarter
Muhamad Yehia.. Cairo Alphabet shares jumped following strong quarterly earnings, as Google Search advertising delivered better-than-expected growth. Google Cloud, its key growth driver, also saw a sharp rise in profit as demand continued to outpace capacity. Alphabet, the parent company of Google and YouTube, reported first-quarter earnings that exceeded analysts’ …
Read More »?Opposite effect: Could Trump’s tariffs end up cooling inflation in Europe
Muhamad Yehia.. Cairo Trump’s tariff push may cool down rather than heat up inflation in Europe. Falling energy prices, a stronger euro and excess goods supply from China are disinflationary forces, likely prompting the ECB to consider deeper rate cuts down the road. When US President Donald Trump announced sweeping …
Read More »Donald Trump says he has ‘no intention of firing’ Fed chair Jerome Powell
Muhamad Yehia.. Cairo The US President confirmed that he has no plans to fire the Chairman of the Federal Reserve Jerome Powell. It follows his previous statement about wishing to terminate Powell’s mandate, which caused market turmoil. “I have no intention of firing him,” Trump told reporters on Thursday about …
Read More »NATO chief warns of possible Russian nuclear weapons in space
Muhamad Yehia.. Cairo NATO Chief Mark Rutte said Russia is considering using nuclear weapons against satellites in space, which would be a violation of the 1967 Outer Space Treaty. NATO is concerned that Russia may be considering placing nuclear weapons in outer space to target satellites. Secretary General Mark Rutte …
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