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The Latest Breaking News from Andrew Kenningham

Trump Tariff Rollercoaster Complicates ECB Rate Call

US President Donald Trump's on-and-off tariffs have clouded the picture for European Central Bank policymakers meeting this week to decide whether to lower eurozone interest rates again.

International Business Times

Europe will go after Big Tech if U.S. trade talks are not 'satisfactory', von der Leyen warns: 'Never waste a good crisis'

EU chief Ursula von der Leyen hopes negotiations with the U.S. will work—but is ready to unleash harsher measures if they don't.

Fortune

Fact check: Are Donald Trump's tariffs on the EU really reciprocal?

Economists tell Euronews Trump's rates are not in any way based on the tariffs imposed by the US' trading partners and therefore cannot be considered an equal measure.

Euronews

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Why has France’s austerity budget caused a political storm?

Country is at risk of fresh turmoil with its government on the brink amid soaring sovereign borrowing costs

The Guardian - UK

Fortune 500 Europe: How Germany is flirting with long-term irrelevance

Everything that could go wrong has gone wrong for Germany’s economy. How can it turn things around?

Fortune

Whoever wins the French elections must beware of the markets

France’s economy minister name-checked Liz Truss as he sought to warn voters of the risks of voting for RN

The Guardian - UK

Eurozone exits recession as ‘big four’ economies beat forecasts

France, Spain, Germany and Italy helped by lower inflation and prospect of interest rate cuts

The Guardian - UK

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'Light On The Horizon': German Business Morale Improves

German business morale rose more strongly than expected in March, a key survey showed Friday, raising hope there is "light on the horizon" for Europe's crisis-hit top economy.

International Business Times

Credit Suisse to borrow up to $54 billion from central bank after shares plunge

Swiss bank Credit Suisse said Thursday it will move to shore up its finances, borrowing up to $54 billion from the central bank after its shares plunged, dragging down other major European lenders in the wake of bank failures in the United States.

France 24

Credit Suisse to borrow $54 billion from Swiss central bank

Swiss bank Credit Suisse says it will move to shore up its finances, borrowing up to $54 billion from the central bank after its shares plunged, dragging down other major European lenders in the wake of bank failures in the United States

The Independent UK

Banking fears spread to Europe, dragging down shares of big lenders

On the heels of bank failures in the U.S., shares of European bank Credit Suisse fall, prompting concerns about the health of the global banking system.

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