Europe

Berlin, Germany based STREETLIFE INTERNATIONAL, which prides itself as the number one European independent music, lifestyle and events promoter in R&B and Hip-Hop, has announced it is to become Europe’s first company to security token through an Equity Token Offering with BlockState, the digital fundraising launchpad for privately owned assets. It follows BlockState’s launch of […]

The European Union will seek to double imports of liquefied natural gas (LNG) from the United States by 2023, as part of its efforts to ease transatlantic trade tensions and reduce its reliance on Russian gas. The European Commission, which coordinates trade policy for the 28-nation bloc, said on Thursday it plans to increase imports […]

The European Union “regrets” the United States’ decision to intensify its oil embargo against Iran, a European Commission spokesperson said on Tuesday. EU foreign policy spokeswoman Maja Kocijancic warned that the move would further undermine the 2015 nuclear agreement with Iran. On Monday, the U.S. announced that it will not extend waivers to eight countries […]

 The U.S. trade deficit fell to an eight-month low in February as imports from China plunged, suggesting President Donald Trump’s “America First” agenda was starting to bear fruit. Reuters reports that the surprise narrowing in the trade gap reported by the Commerce Department on Wednesday also implied a much stronger pace of U.S. economic growth […]

The U.K. labor market continued its impressive performance in the three months through February as employment jumped and wage growth far outpaced inflation. The number of people in work rose by 179,000 to a record high, keeping unemployment at 3.9 percent, the lowest rate since 1975, the Office for National Statistics said Tuesday. The growth […]

European Union leaders have granted the UK a six-month extension to Brexit, after late-night talks in Brussels. The new deadline, which is 31 October, averts the prospect of the UK having to leave the EU without a deal on Friday, as MPs are still deadlocked over a deal. European Council President Donald Tusk said his […]

The U.S. Trade Representative has proposed a list of European Union products ranging from large commercial aircraft and parts to dairy products and wine on which to slap tariffs as retaliation for European aircraft subsidies. With the move, the USTR said it was kicking off the process for retaliation against over $11 billion worth of […]

The World Trade Organization (WTO) on Tuesday, stated that world trade shrank by 0.3 percent in the fourth quarter of 2018 and is likely to grow by 2.6 percent this year, slower than 3.0 percent growth in 2018 and below a previous forecast of 3.7 percent. In its annual forecast, the WTO said trade had […]

British Members of Parliament (MPs) are voting again Wednesday evening on whether to block a “no-deal” departure from the EU. The vote comes after lawmakers rejected Prime Minister Theresa May’s Brexit deal Tuesday. As if yesterday’s momentous rejection of the U.K.’s Brexit deal with the European Union was not enough to unsettle markets, British Members […]