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The US economy has slowed down: GDP at the end of 2024 below forecasts, but recession risk in the new year is low for the US

US GDP in the fourth quarter of 2024 grew by 2. 3% instead of the expected 2.7%. For the whole year, the economy grew by 2.8%, which is lower than in 2023 but higher than in 2022.

News of the World • January 30, 04:41 PM • 28279 views

Four EU countries propose to double defense spending to €100 billion

Lithuania, Estonia, Latvia, and Poland call on the EU to increase military spending to 3% of GDP. The countries propose to use joint borrowing and allocate 50 billion euros for the production of artillery.

War • January 30, 02:52 PM • 33144 views

EU is discussing the idea of returning to purchasing Russian gas - FT

European officials are discussing the possibility of resuming imports of Russian pipeline gas as part of a peace settlement. Germany and Hungary support the initiative to reduce energy prices.

Economy • January 30, 07:18 AM • 35627 views

EU launches simplification program to keep up with US and China - von der Leyen

The European Commission plans to cut administrative costs for companies by 25% and for small businesses by 35%. The plan is aimed at stimulating innovation and increasing competitiveness with China and the United States.

News of the World • January 29, 08:41 PM • 26817 views

EU won't include a complete ban on Russian LNG in new sanctions package - Politico

The 16th EU sanctions package against Russia will not include a complete ban on Russian LNG imports. The package will include restrictions on shadow fleet tankers, aluminum, and gaming equipment.

Economy • January 29, 07:00 AM • 38264 views

Fico calls Zelensky an enemy and threatens to block EU aid to Ukraine

Slovak Prime Minister Robert Fico threatens to block EU aid to Ukraine if Russian gas transit does not resume. He called President Zelenskyy an “enemy” and accused him of creating problems for Slovakia.

Economy • January 28, 08:31 PM • 33162 views

Tesla takes legal action against the European Union - Financial Times

Tesla is challenging in court the EU's anti-subsidy duty of up to 7. 8% on imports of electric vehicles from China. The company joined BMW and Chinese manufacturers who have also filed lawsuits against the new tariffs.

News of the World • January 27, 09:24 PM • 33236 views

The American Chamber of Commerce called for a balanced approach to the regulation of the pharmaceutical market

A representative of the American Chamber of Commerce commented on the Ministry of Health's proposals for changes in the regulation of the pharmaceutical market. He described the specifics of drug regulation in the EU and called for a balanced approach in Ukraine.

Economy • January 27, 02:07 PM • 29097 views

Belarus releases a US citizen from prison on the day of the “elections”

US Secretary of State Marco Rubio announced the release of an American citizen from a Belarusian prison. The details of Anastasia Nufer's detention are unknown, and her name has not been mentioned publicly before.

News of the World • January 27, 01:12 AM • 31413 views

Fico reacts to Zelensky's words about “Bratislava is not Moscow”

Slovakia's prime minister criticized Zelenskyy's comment about the protests in Bratislava as interference in internal affairs. The Ukrainian president had earlier written “Bratislava is not Moscow, Slovakia is Europe.

Politics • January 25, 04:41 PM • 63101 views

EU does not plan sanctions against Russian LNG: what is known about the new roadmap

The EU will not include a ban on Russian LNG imports in the new sanctions package. Instead, it will present a roadmap for a gradual phase-out of Russian energy by 2027.

News of the World • January 24, 09:30 PM • 32120 views

European Parliament recognizes “Russian World” as criminal and calls to counter disinformation

The European Parliament adopted a resolution condemning Russian historical falsifications and disinformation to justify the war. 480 deputies supported the document on countering Russian propaganda and protecting the media space.

War • January 23, 04:01 PM • 25771 views

EU reveals plan to switch to clean energy after refusing Russian oil and gas

Europe has reduced gas imports from Russia by 75%, oil by 3%, and coal by zero. In February, the EU will present a clean energy development plan to reduce prices and increase energy independence.

News of the World • January 21, 11:42 AM • 39565 views

World leaders congratulate Donald Trump on his inauguration

Donald Trump officially took office as President of the United States on January 20, 2025. The leaders of Canada, the United Kingdom, the EU, NATO, and Finland have sent congratulations and expressed their willingness to cooperate.

News of the World • January 21, 12:11 AM • 31608 views

Facebook, X, YouTube agree to new rules to combat hate speech in the EU

Facebook, X, YouTube, and other tech companies have joined the EU's updated code of conduct on combating hate speech. The companies pledged to respond to complaints faster and implement automatic tools to detect harmful content.

News of the World • January 20, 02:22 PM • 24929 views

High tariffs and a peace deal: Europe prepares for the first day of the Trump presidency

Today is the inauguration of Donald Trump, after which he plans to sign about 100 executive orders. The EU is preparing for potential changes in trade, climate policy, and its position on Ukraine.

News of the World • January 20, 10:43 AM • 70182 views

Moldovan President tells under what conditions financial support for Transnistria is possible

Maia Sandu announced her readiness to provide financial and humanitarian assistance to Transnistria to overcome the energy crisis.

News of the World • January 20, 08:09 AM • 35502 views

The World Economic Forum opens in Davos

The World Economic Forum is taking place in Davos on January 20-24 with the theme “Cooperation for the Intelligent Age. ” Zelenskyy will deliver a special speech on January 21. The event will be attended by 60 world leaders.

Politics • January 20, 07:00 AM • 32881 views

EU extends X investigation and demands further clarification on algorithmic changes

Brussels has asked X to provide information and documentation on recent changes to its algorithms, in accordance with DSA rules. The platform faces a fine of up to 6% of its annual turnover for a possible violation of the content moderation rules.

News of the World • January 17, 01:00 PM • 29024 views

Industrial visa-free travel, roaming at home and more: Shmyhal held a meeting on cooperation with the EU in 2025

The Government held a meeting on sectoral cooperation with the EU in 2025. They discussed industrial visa-free travel, integration into the energy market, and the development of TEN-T transport corridors.

Economy • January 16, 07:17 PM • 39085 views

The EU is preparing sanctions against Russia without the veto power of Hungary and Slovakia

For the first time, the European Commission plans to impose sanctions against Russia without taking into account the vetoes of individual countries. Decisions on sanctions will be made by a qualified majority, not unanimously.

Economy • January 15, 04:08 PM • 78025 views

Zelensky reveals expectations from Trump's presidency and new sanctions against Russia

The Ukrainian president expects active cooperation with US President-elect Trump in the spirit of “peace through strength. ” Zelenskyy also hopes to strengthen sanctions against Russia and discussed the prospects of Ukraine's accession to the EU.

Politics • January 15, 12:57 PM • 28659 views

Zelensky will deliver a special address at the Davos forum: date is set

The President of Ukraine will take part in the World Economic Forum in Davos on January 21. The event will also be attended by Donald Trump, Ursula von der Leyen and other world leaders.

Economy • January 14, 07:12 PM • 35039 views

Kyiv expects results of talks with EU on joint customs control at the border this year - Shmyhal

Ukraine expects the results of negotiations with the EU on joint customs control this year. It is planned to reconstruct 28 checkpoints and build 6 new ones by 2030.

Economy • January 14, 10:10 AM • 29556 views

Rutte criticizes the idea of creating a “European NATO”

NATO Secretary General Mark Rutte said that the creation of a separate European defense alliance would require 8-10% of GDP and 15-20 years. Instead, he promised to deepen cooperation between NATO and the EU.

War • January 13, 07:53 PM • 29256 views

EU allocates a new humanitarian aid package to Ukraine: where will 140 million euros go

The European Commission has announced a new humanitarian aid package of 148 million euros. 140 million will go to Ukraine for emergency aid, and 8 million to Moldova to support Ukrainian refugees.

War • January 13, 12:03 PM • 28335 views

Northern Europe and the Baltic States call for lowering the price ceiling for Russian oil

The foreign ministers of the Nordic and Baltic countries have written a letter to the European Commission regarding the reduction of Russian oil prices. A $10 per barrel reduction could cut Russia's military spending by 15%.

Economy • January 13, 10:54 AM • 33277 views

Zelensky on Fico: He refused to help Ukraine and made a losing bet on Moscow

Ukraine's President criticized Slovakia's Prime Minister for refusing Ukrainian gas transit assistance. Zelenskyy calls Fico's bet on cooperation with Russia a losing proposition from the start.

Economy • January 12, 05:43 PM • 46392 views

Fico announces guaranteed Russian gas supplies and again threatens Ukraine with sanctions

Slovakia's prime minister announced guaranteed supplies of 3-3. 5 billion cubic meters of Russian gas to the country. If the situation with gas transit through Ukraine does not change, he threatens to suspend aid and veto further support.

Politics • January 12, 02:56 PM • 54926 views

The second round of presidential elections continues in Croatia: incumbent head of state Milanovic leads

Croatia is holding the second round of presidential elections, with incumbent President Zoran Milanovic leading the pack. In the first round, he received 49.1% of the vote against 19.35% for his opponent Dragan Primorc.

News of the World • January 12, 10:34 AM • 30883 views