It’s worse to be middle class in the U.S. than in Europe

It’s worse to be middle class in the U.S. than in Europe

An individual holds a debit card. (Pixabay) by Germán Gutiérrez and Thomas Philippon August 13 at 12:41 PM Germán Gutiérrez and Thomas Philippon are economists and professors at New York University’s Leonard N. Stern School of Business. Like many foreigners visiting the United States in the late 1990s and early 2000s, we were pleasantly surprised […]

Fast Europe Open: Italy CPI, Israel trade data

Fast Europe Open: Italy CPI, Israel trade data

The Turkish lira hit a fresh record low on Monday, in spite of the country’s finance minister promising a plan to calm the markets amid warnings from investors that the country was facing a deepening crisis.  In an interview with the Turkish newspaper Hurriyet, published on Sunday night, Berat Albayrak said that “precaution and action […]

Michael Spencer invests $40m in Europe-focused hedge fund

Michael Spencer invests $40m in Europe-focused hedge fund

Michael Spencer, chief executive of Nex Group, is backing a hedge fund start-up in London with an investment of about $40m made through his private investment group, according to a person familiar with his plans. The hedge fund, Viewforth Partners, is being launched by Richard Black, a co-founder of Abberton Capital, another London-based hedge fund. […]

France to veto re-routed trade plan between Ireland and Europe

France to veto re-routed trade plan between Ireland and Europe

France will not accept a European Commission proposal to exclude French ports from a re-routed trade corridor between Ireland and mainland Europe after Brexit, the government has said. At the moment much of Ireland’s trade with the continent goes via Britain in trucks. But with less than eight months to go until Britain leaves the […]

German far Right rebuffs Steve Bannon’s effort to forge Europe-wide populist movement

German far Right rebuffs Steve Bannon’s effort to forge Europe-wide populist movement

A leader of the far-Right Alternative for Germany (AfD) party has poured cold water on plans by Steve Bannon, President Donald Trump’s former political strategist, to forge a wide populist alliance to undermine the European Union. “We’re not in America,” Alexander Gauland, one of two co-leaders of the anti-immigrant party, told the Funke Mediengruppe newspaper chain […]

Government leaving child refugees stranded in Europe due to ‘failing’ relocation scheme, charities warn

Government leaving child refugees stranded in Europe due to ‘failing’ relocation scheme, charities warn

The Home Office has been accused of “betraying” child refugees and leaving vulnerable young people stranded in Europe because of failings in its flagship relocation scheme. Under the Dubs amendment, a limited number of unaccompanied minors across Europe are supposed to be brought to the UK and placed in local authority care. But The Independent has […]

Ryanair pilots strike in Germany and elsewhere in Europe | News | DW

Ryanair pilots strike in Germany and elsewhere in Europe | News | DW

The biggest strike in Ryanair’s 33-year history began at 3 a.m. (0100 UTC) in Germany as pilots took action in support of their claims for better pay and conditions. The trade union Cockpit said 480 Germany-based pilots were not expected to return to work until 2.59 a.m. Saturday. “Ryanair alone is responsible for the escalation […]

Europe pledges to use more US energy under Trump trade deal

Europe pledges to use more US energy under Trump trade deal

The European Commission said Thursday that a recent spike in liquefied natural gas imports from the U.S. would be maintained and even expanded under President Trump’s trade deal with Europe, as long as the U.S. honors its side of the bargain by cutting “red tape.” European Commission President Jean-Claude Juncker said Europe stands ready to […]

The top 10 Mexico internationals in Europe to watch in 2018-19

The top 10 Mexico internationals in Europe to watch in 2018-19

7:03 PM ET Eric GomezMexico writer Just a few years ago, the thought of 10 Mexican players roaming European pitches seemed like a pipe dream. Even after watershed performances from the likes of Hugo Sanchez and Rafa Marquez, Europe’s top leagues were slow to rely on players from the Latin American country in a more […]