US Treasury Secretary Scott Bessent signaled key changes Thursday to a high-level panel on financial stability, putting more emphasis on economic growth and reduced regulation.
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Greece's finance minister Kyriakos Pierrakakis was elected Eurogroup chief on Thursday in a remarkable turnaround for a country that a decade ago was on the brink of crashing out of the euro.
President Claudia Sheinbaum defended a tariff increase on goods from China and other countries with which Mexico has no trade agreements, saying the measure was intended to strengthen the national economy.
The US trade deficit narrowed unexpectedly in September to the smallest since 2020, delayed government data showed Thursday, with imports rising just slightly as President Donald Trump's new tariffs set in.
Leading German institutes on Thursday downgraded their 2026 growth forecasts, in another bad sign for Chancellor Friedrich Merz whose efforts to reboot Europe's biggest economy face mounting criticism.
The European Central Bank proposed Thursday simplifying rules for the region's lenders to help them compete internationally, but insisted the move would not weaken guardrails aimed at preventing crises.
China's mammoth trade surplus with Europe as well as challenges faced by foreign firms in the country are incentivising Brussels to adopt more "offensive" policies, a business lobby warned Wednesday.
German exports almost stagnated in October, official data showed Tuesday, as heavy declines in shipments to the United States and China eclipsed growing trade with the rest of Europe.
China's towering annual trade surplus surpassed $1 trillion for the first time last month, data showed Monday, as a sharp drop in shipments to the United States was offset by surging exports to other major markets.
French President Emmanuel Macron said he has threatened China with tariffs if Beijing fails to take steps to reduce its massive trade surplus with the EU, in remarks published Sunday.
