3 h. ago In the red: global wine sales fall to lowest levels since 1961

Consumption and production falls in almost every market as industry fears a ‘generational’ change in drinking habitsWorldwide consumption of wine fell in 2024 to its lowest level in more than 60 years, the main trade body has said, raising concerns about new risks from US tariffs.The International Organisation of Vine and Wine (OIV) said on Tuesday that 2024 sales fell 3.3% from the previous year to 214.2m hectolitres. Continue reading...

Politics

11 h. ago Nato chief in surprise Ukraine visit as US fails to condemn Sumy attack – Europe live

Mark Rutte makes unannounced visit to Odesa and tells Zelenskyy that ‘Nato support is unwavering’The EU has said that “significant joint efforts will be needed” for a successful outcome to trade talks at the end of Donald Trump’s 90-day pause on tariffs.The European Commission, which handles trade policy for the 27 EU member states, was reporting back on a meeting between its lead trade official Maroš Šefčovič and US commerce secretary Howard Lutnick and US trade representative Jamieson Greer in Washington on Monday.The EU will continue to approach these talks in a constructive manner, with a view to identify areas of common interest. It is clear that significant joint efforts will be needed to achieve a successful outcome within the 90-day window.The EU is doing its part. Now it is necessary for the US to define its position. As with every negotiation this must be a two-way street... With both sides bringing something to the table.” Continue reading...

Events

13 h. ago Donald Trump's trade war tariffs slammed by France for unleashing 'tsunami of destabilisation'

French Prime Minister Francois Bayrou hit out at Trump’s America for going ‘over to the side of the aggressors’

Politics

15 h. ago Baba Vanga made eerie prediction about the global economy in 2025

As the US president threatens to set the global finance trade ablaze with his controversial tariffs, the Economic Times reports that Baba Vanga was the first to foresee it.

Politics

15 h. ago Trump tariffs latest: JD Vance says good chance of UK trade deal and praises ‘cultural affinity’ with Britain

The UK has welcomed J.D. Vance’s statements, saying Britain was in a “good position” to negotiate

Economics

16 h. ago Trump’s tariffs are reckless – but they hold a key lesson for Democrats | David Sirota

There is a middle ground on tariffs. But Democrats’ free-trade advocacy allows Trump to play the populistTo tariff or not to tariff? Today’s tweet-length political discourse pretends this is a binary choice. Donald Trump has pitched across-the-board import levies as a panacea to rebuild American manufacturing, while Democrats insist the president’s proposals are an attempt to crash the economy, and that their party should tout its opposition to all tariffs.But neither the policy nor politics of this moment are that neat and simple. While too few or too many tariffs can destroy economies, there is a Goldilocks zone that’s just right. It’s just being omitted from the conversation. Continue reading...

Politics

18 h. ago Trump tariffs live updates: Vance says good chance of UK trade deal and praises ‘cultural affinity’ with Britain

The UK has welcomed J.D. Vance’s statements, saying Britain was in a “good position” to negotiate

Economics

19 h. ago Trump tariffs live updates: Vance says good chance of UK trade deal as China warns of ‘unilateral bullying’

Trump says he can be ‘very flexible’ with tariffs

Events

20 h. ago JD Vance says US is ‘working very hard’ on negotiating ‘great’ UK trade deal amid Trump tariffs chaos

‘I think there’s a good chance that, yes, we’ll come to a great agreement that’s in the best interest of both countries’ - JD Vance

Economics

25 h. ago Jack Grealish 'racks up £5,000 bar bill and copies Wolf of Wall Street gesture as Man City star parties in swanky London nightclub'

Grealish was given just a three-minute cameo at the Etihad Stadium on Saturday and headed down to the capital the following day for a big night out on the tiles.

Economics

26 h. ago Jack Grealish 'racks up £5,000 bar bill and copies Wolf of Wall Street gesture as Man City star parties in swa

Jack Grealish 'racks up £5,000 bar bill and copies Wolf of Wall Street gesture as Man City star parties in swa  Daily Mail

Economics

27 h. ago Proposals on competitiveness to be brought before Irish ministers

Work to make Ireland more competitive is underway amid turbulence to trade caused by US tariffs.

Politics

35 h. ago Trump says he's prepping for 'war' with China as he takes HUGE economic gamble angering Xi Jinping

President Donald Trump gave another justification for his tariff hikes.

Politics

42 h. ago Donald Trump insists there will be NO tariff exemptions in dramatic policy reversal

President Donald Trump took to Truth Social to clarify that China - which is embroiled in an escalating trade war with the US - will not be exempt from tariffs on electronics and semiconductors

Events

52 h. ago Trump says there will be NO tariff exemptions in dramatic reversal that'll hit Americans hard

President Donald Trump blasted China in a social media post on Sunday where he said there were no tariff exemptions after electronics were not included in a notice on Friday.

Events

53 h. ago Tariffs live: UK suspends some tariffs to ease business tension as trade deal ‘days away’

Breakthrough between UK and the US over tariffs could be reached in the coming days

Economics

62 h. ago Rightwing populists will keep winning until we grasp this truth about human nature | George Monbiot

Economic inequality breeds resentment and a desire to get even. That’s what fuels support for even incompetent regimes“He’s really gone and done it this time. Now everyone can see what a disaster he is.” How many times have we heard this about Donald Trump? And how many times has it been proved wrong? Well, maybe this time he really has overstepped. After all, his clowning around with tariffs, sparking trade wars, then suddenly reversing his position, could provoke a global recession, perhaps even a depression. Surely his supporters will disown him? But I’m not banking on it, and this is why.Already, Trump has waged war on everything that builds prosperity and wellbeing: democracy, healthy ecosystems, education, healthcare, science, the arts. Yet, amid the wreckage, and despite some slippage, his approval ratings still hold between 43 and 48%: far higher than those of many other leaders. Why? I believe part of the answer lies in a fundamental aspect of our humanity: the urge to dest...

Politics

63 h. ago No retreat on tariffs, Trump promised. Hours later, he blinked

As the economic and political pressure became unbearable, the US president changed course – but has the damage been done?He vowed: “My policies will never change.” He insisted: “Sometimes you have to take medicine to fix something.” He boasted: “I know what I’m doing.” And at 9.33am on Wednesday, he entreated: “BE COOL. Everything is going to work out well.”But less than four hours later, Donald Trump blinked. As the economic and political pressure became unbearable, the US president announced on social media that he would pause for 90 days higher trade tariffs for most countries, excluding China. Continue reading...

Politics

2 d. ago As tariffs put trade between China and the US in peril, Chinese businesses ponder the future

The 145% tariff from the U.S. and the retaliatory 125% tariff from China are putting businesses doing trade between the U.S. and China on edge

Economics

2 d. ago Trump in driver seat on tariffs says Lutnick and will personally negotiate top 15 trade deals: Live

Electronics exemption to Trump’s tariffs are boost for high-tech companies such as Apple and Tesla

Economics