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Europe is weak link for global economy

Bloomberg For all the palpitations that the trade war between the US and China will knock out their economies, it is Europe that increasingly looks like the biggest threat to global growth. Deteriorating demand is evident across the 19-nation euro area as it finds itself squeezed between international and domestic drags. That leaves its expansion at risk of barely topping ...

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EU hits ‘gas law’deal with Nord Stream 2 loopholes

Bloomberg European Union negotiators agreed on new natural-gas rules that preserve a concession to Germany over its controversial plan to import more of the fuel from Russia. Representatives of EU governments and the European Parliament approved a revision to gas-market legislation while scaling back hurdles for the planned Nord Stream 2 pipeline. The deal in Strasbourg, France, keeps intact a ...

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Kim keeps nuclear grip despite easing tensions

Bloomberg The commander of US forces in South Korea cited a “palpable” decline in tensions amid US-North Korean peace talks but cautioned there’s little evidence that Kim Jong- un is willing to give up his nuclear arsenal. “Today is Day 440 since the last strategic provocation” by North Korea through a missile or nuclear test, Army General Robert Abrams told ...

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