LONDON — European stocks opened higher Wednesday, continuing the positive sentiment seen in global markets since the start of the week. The U.K.’s FTSE index and France’s CAC 40 opened 0.1% higher, and Germany’s DAX was in the green with 0.7% at the open, propelled in part by Adidas shares. The pan-European Stoxx 600 was…
Europe will respond to any tariffs imposed by U.S. President Donald Trump in a proportionate way, the European Union’s commissioner for the economy told CNBC on Wednesday. “If there is a need to defend our economic interests, we will be responding in a proportionate way,” Valdis Dombrovskis told CNBC’s Steve Sedgwick on the sidelines of…
How has China reacted to the new Trump administration? – CBS News Watch CBS News President Trump said he would increase tariffs on Chinese goods during his campaign. But on Monday, he did not say when he would impose those tariffs and told reporters he received an invite to visit China. Meanwhile, China’s vice president…
An Italian structural composites company has selected Chattanooga for its first U.S. operations facility, investing nearly $3.8 million into the city. According to a statement from Tennessee Governor Bill Lee, Commissioner Stuart McWhorter, and officials from Microtex Composites Inc., the company will create 26 new jobs. Based in Italy, the composites manufacturer has experienced rapid…
So far, it has been a long and bumpy road for Japan and China. The Japan-China Joint Communique, issued in September 1972 when the two countries agreed to put an end to the abnormal situation and restore diplomatic relations, states: “In spite of the differences in their social systems existing between the two countries, the…
Examining U.S. foreign policy towards Syria, China – CBS News Watch CBS News “Face the Nation” moderator and chief foreign affairs correspondent Margaret Brennan takes a look at whether the instability in Syria poses a threat to U.S. national security, and why President-elect Donald Trump invited Chinese President Xi Jinping to his inauguration. Be the…
American foreign policy specialists are being pushed to appear more hawkish towards China than they actually are because of professional and social pressures, a new survey has concluded. It said there is “a degree of pluralistic ignorance in the foreign policy community, where people overestimate the level of consensus, inflate the level of threat, and…
President Joe Biden issued a warning to the rebel groups that toppled the decades-long Assad regime, insisting the U.S. would help ensure “stability” in the wake of the government’s collapse. Syrian President Bashar al-Assad fled the country as rebel forces moved into the capital city Damascus overnight Saturday, with reports that he found safe haven…
People march in heavy rain to protest against South Korean president Yoon Suk Yeol, as strike and protests continue amid the martial law crisis, in Seoul, South Korea, on December 05, 2024. Daniel Ceng | Anadolu | Getty Images South Korea’s leadership crisis deepened on Sunday as prosecutors named President Yoon Suk Yeol as a…
Israel and Lebanon’s Hezbollah on Tuesday agreed to a permanent ceasefire in cross-border hostilities, following a year-long conflict between the Jewish state and Iranian-backed groups. President Joe Biden announced the deal, which was brokered by France and the U.S. “Under the deal reached today, effective at 4:00 a.m. tomorrow, local time, the fighting across the…