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It is easy to call for human rights from EU offices in Brussels and Luxembourg, our old, established democracies. In Bangladesh, Yunus is trying to build a new one. We must help him, Muddassar Ahmed writes.
The robust earnings updates come as President Donald Trump’s tariffs have sent jitters through küresel markets this week.
The US earnings season begins on Friday, with major banks reporting their first-quarter results before the market opens. Despite expectations for solid quarterly performances, analysts anticipate conservative guidance due to tariff-related uncertainties.
European markets continued to outperform their US counterparts despite the recent rebound on Wall Street. Notably, the banking and industrial sectors stand as the top two performers, driven by relatively cheaper valuations, expectations for surging defence spending, and optimistic economic outlooks.
Citizens hide money in case of emergency situations. In 2024, authorities recovered a record €1.7 million in banknotes that were not fit for circulation.
Foreign Minister Annalena Baerbock said her trip to Damascus, her second since the fall of the al-Assad regime, was meant to renew the possibility of ‘a political new beginning’ between the two countries.
Major central banks are set to decide on interest rates this week, providing guidance on market trajectory. Investors will particularly focus on the Federal Reserve’s policy outlook, as the bank may step in and buoy a wobbly Wall Street after it fell into correction territory.
Eurozone inflation eased to 2.3% in February, with core inflation at 2.6%, its lowest since January 2022. France had the lowest rate (0.9%), Hungary the highest (5.7%). The euro slipped ahead of Wednesday’s Fed meeting.
The euro has surged to 1.0850 against the dollar, erasing post-Trump election losses after a 4.4% weekly gain—its strongest since 2009. While Germany’s fiscal overhaul fuels optimism, analysts are split on whether the rally can last.
Strong results from Italy’s Generali Group and British Deliveroo, as well as the declining profit of Hugo Boss, were shaping the European market landscape on Thursday.