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Trump’s NATO spending demand bane for Denmark’s welfare state

  Bloomberg Meeting Donald Trump’s demands on defense spending could allow NATO-member Denmark to buy a dozen F-35 fighter jets and four frigates. While it’s questionable the added firepower would stop a hypothetical Russian invasion, the cost of rearming would certainly cause serious damage to its cherished welfare state. During his presidential campaign, the victorious Republican candidate raised alarm among ...

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70,000 homes without power in storm-hit France

  Paris / AFP Winds gusting to hurricane force left nearly 70,000 homes in western and northwestern France without power Sunday, the national electricity grid Enedis said. The national weather agency Meteo France said winds powering to 160 kilometres (100 miles) per hour battered the Breton peninsula and Normandy coast overnight, and two other regions remained under a storm alert. ...

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Infrastructure key as UK set to announce 1st post-Brexit budget

  London / AFP Britain’s first post-Brexit budget will focus on infrastructure and could spell an end to the previous government’s rigid fiscal targets, according to a treasury statement released on Sunday. The budget will be new finance minister Philip Hammond’s first set-piece since replacing George Osborne who resigned following the June vote. Under previous prime minister David Cameron, Osborne ...

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