EU funds 10M euro UNICEF child protection project in Jordan…
AMMAN — Earlier this month, the European Union (EU) decided to fund UNICEF over the next two years with 10...
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Frankfurt wins race to host new EU anti-money laundering agency
Frankfurt has won the race to host the EU's new Anti-Money Laundering Authority (AMLA), beating out competition from eight...
UK withdraws from investment treaty that put net zero under threat
Efforts between the UK and the EU to reform the treaty so it could be used for investment in green...
Banking veteran Bob Wigley joins blockchain firm R3’s board
Banking veteran Bob Wigley has joined the board of Intel-backed blockchain services provider R3 as a non-executive director.Wigley has chaired...
EU mandatory regulation is on the money
EU mandatory regulations for instant credit transfers within the Single Euro Payments Area (SEPA) are right on the money. The key...
Should investors panic about the recession?
The UK economy has technically entered recessionBut markets are looking ahead to rate cuts The UK economy is officially in recession. Gross domestic product (GDP) contracted by 0.1 per cent in the third quarter of 2023, followed by a 0.3 per cent contraction in Q4. We have seen the two consecutive quarters of negative growth that technically constitutes a recession. Why not to worry Yet as recessions go, this looks set to be a very mild one. So far, the UK economy has seen a 0.5 per cent peak-to-trough decline, one...
It’s taken just five years for Ursula Von Der Leyen to destroy Europe’s economy
She steered the continent through the pandemic. She has massively increased the powers of the European Commission. And she has...
The investment trusts hunting for UK mid-caps
If you are feeling optimistic about UK companies now that interest rates appear to have peaked, the FTSE 250 is a natural place to hunt for opportunities. It is trading on a cheap price/earnings (PE) ratio of 10.8 times forecast earnings for the next year, pretty much the same as the FTSE 100.In good times, mid-caps can be an attractive sweet spot, less volatile than small-caps, with more potential for growth than large-caps. They rallied hard at the end of 2023, but still have a lot of underperformance to make up for,...
Epic plans to launch its own iOS storefront in the EU this year
Epic Games Apple has finally reinstated its iOS developer account in the European Union. This means that the developer plans...
Europe’s bid to boost gig workers’ rights fails again
Europe’s attempt to give workers at Uber, Deliveroo and other online platforms more social and labor rights failed a second...
