European Commission President Ursula von der Leyen holds Former European Central Bank chief Mario Draghi's report on EU competitiveness and recommendations, as they attend a press conference, in Brussels, on Sept. 9, 2024.
The central problem, Draghi says in his report, is that the EU lacks a “foreign economic policy” that aligns the continent’s trade agenda with geopolitical realities. The report highlights Europe’s dependence on China for critical minerals and warns that some 40% of European imports are vulnerable to geopolitics-related supply interruptions. Europe’s trade openness, arguably one of its greatest economic assets, also leaves it vulnerable to unfair Chinese practices, such as subsidizing producers who can then undercut European ones.
Elections have been taking place around the world in recent weeks – and if there’s one thing they have in common, it’s this: voters are fired up.
Airlines across the continent have been affected by threats, now in their second week, with some planes making emergency landings or being escorted by fighter jets.
On The Debrief, Clayton Allen explains why the vice president’s ties to Trump—and dependence on a fractured MAGA coalition—could make 2028 a race he chooses to skip.
From shopping to services, consumer spending is showing strength across categories. Holiday shopping got an early start, and it’s not just higher earners filling their carts. Bank of America Institute sees continued spending growth recovery for lower- and middle-income households. See what’s driving the trends.