Europe’s Debt Is Increasing Once More Due to Politics Eroding Budget Resolution
Several of Europe’s heavily indebted governments are facing a challenging year as they grapple with the reality of reducing borrowing while contending with political constraints. After years of unrestricted spending during the pandemic and soaring energy costs, 2024 was anticipated…
In An Effort to Reduce its Dependency on China, Europe Has Resumed Magnesium Mining
Europe is set to resume magnesium mining after more than ten years, aiming to decrease its dependence on Chinese imports of vital raw materials. Romania, an EU member, recently granted a mining concession to Verde Magnesium, a company based in…
EU Begins Historic €6.5 Million Research on Psychedelic Use in Mental Health Treatment
MEPs were informed on Tuesday, during the launch of PsyPal, the inaugural EU-funded clinical research project exploring psychedelic-assisted mental health treatments, that despite the growing awareness of mental health issues, there hasn’t been a translation of this awareness into innovative…
Europe Shut Down the Riskiest Junk Bonds Due to Increasing Default Risk
The riskiest corporate debt is increasingly posing dangers for investors as signs of a growing default cycle emerge. Recently, the holding company of Thames Water Ltd. failed to meet payments on a £400 million bond ($504 million), while Altice France…
The European Economy is Being Attacked From Every Angle
A decade ago, Xi Jinping received a warm welcome in Duisburg, Germany’s Ruhr valley, where he commended the region as a focal point for Chinese investment. He celebrated the arrival of a train from Chongqing to Europe’s industrial heartland and…