Worldcrunch
European Commission President Ursula von der Leyen’s controversial trade deal may look like a surrender to U.S. President Donald Trump, but it could be a calculated play in a surreal game of bluff, designed to keep Europe afloat — and Trump distracted.
As others bristle at tariffs and concessions, Rome recasts humiliation as heroism, embracing a lopsided deal that feeds the myth of a benevolent Caesar-like Donald Trump while draining European coffers.
Faced with a $32 billion drop in their wealth this year, Russian oligarchs are looking for assets to allow them to overcome sanctions that will increase with the invasion of Ukraine. Familiar with crises, they see bitcoin and other cryptocurrencies as an escape from the hegemony of the dollar, and a way to diversify their holdings.
While some countries stopped doing business with the Islamic Republic, others keep engaging in commerce but refuse to pay what they owe. What gives?
-Analysis- PARIS — There are always worse things in life than money troubles. The record $2.7-billion fine that the European Commission slapped on Google for breaching competition rules is a major financial blow for the company. But for a firm making billions of dollars like Google, the mega-penalty isn’t the main problem. It’s never enjoyable […]
A reported multi-billion-dollar U.S. fine against BNP Paribas, the eurozone’s biggest bank, puts the very heart of transatlantic relations at risk, writes France’s leading business daily.
After rejections by Austrian and French ski-lift companies, a Swiss competitor was set to supply Pyongyang the means to realize his Alpine fantasy. But then the state stepped in.