Eu Financial News

Subscribe to enjoy similar stories. ON JANUARY 20TH 2025 DeepSeek was an obscure hedge-fund-turned-tech-startup from Hangzhou. Within a week it had become the byword for a new wave of Chinese innovation, after launching an artificial-intelligence model as capable as Silicon Valley’s bleeding edge but much cheaper to build and run.

Subscribe to enjoy similar stories. NEW DELHI : India needs long-term, step-by-step ecosystem-building, alongside sustained investment in research and development (R&D), to achieve semiconductor capabilities, essential for a major global economy given silicon chips’ role in the information age, according to economist and NITI Aayog member Arvind Virmani.

Subscribe to enjoy similar stories. Those of a religious bent might accuse stereotypical “Davos Man"—immense fortune, private jet, outrageous hypocrisy, spine-tingling pomposity—of the sin of pride. In which case President Trump’s speech Wednesday to the World Economic Forum at Davos felt like a form of divine retribution.

Subscribe to enjoy similar stories. The good news for China is its export machine is still very much a going concern. It might even be described as thriving, despite US tariffs.

Subscribe to enjoy similar stories. Even as we are engaged in protracted negotiations with the US to sew up a trade deal, India has gone ahead with much agility to sign several others. In recent months, New Delhi has concluded deals with Australia and the UAE, apart from a long-awaited pact with the UK, and announced progress on trade agreements with New Zealand and the EU.

Subscribe to enjoy similar stories. Market failure is a prickly idea in economics. It exists in theory, is acknowledged in textbooks and is occasionally invoked in policy debates, but it sits uneasily with the profession’s deeper instincts.

Subscribe to enjoy similar stories. BRUSSELS—President Trump told Norway that he no longer needed to think “purely of peace" after being snubbed for the Nobel Peace Prize, as European leaders scrambled to talk him out of a damaging trans-Atlantic trade war. So far, the European Union and the U.K.

Subscribe to enjoy similar stories. EUROPEANS ARE no longer shocked by the threat of tariffs. They know President Donald Trump regards them as a fee for access to the American market, as leverage for American access to their own and as punishment for perceived slights.

Subscribe to enjoy similar stories. BRUSSELS—President Trump told Norway that he no longer needed to think “purely of peace" after being snubbed for the Nobel Peace Prize, as European leaders scrambled to talk him out of a damaging trans-Atlantic trade war. So far, the European Union and the U.K.

Subscribe to enjoy similar stories. The Cold War satirical novel The Mouse That Roared imagined a tiny European statelet declaring war on the US in the hope of being lavished with American aid after its inevitable defeat. It’s a title that came to mind when European nations sent three dozen soldiers to Greenland in response to US President Donald Trump’s threats to wrest the island from Danish control.

Subscribe to enjoy similar stories. BRUSSELS—European leaders racing to respond to the threat of U.S. tariffs for opposing President Trump’s plan to take control of Greenland have an arsenal of options, including trade retaliation, reducing defense ties and a “bazooka" to defend against economic coercion.

Subscribe to enjoy similar stories. IT WAS hardly the first time since Donald Trump’s inauguration last year that Europeans have been outraged by America. But the anger at the weekend, after America’s president threatened to impose a 10% tariff rate on eight European countries that had dared to send a few troops to Greenland, felt more determined than before.

Subscribe to enjoy similar stories. 2026 is a very significant year for India’s economy. The Union Budget will matter, of course, but the Eighth Pay Commission and the Sixteenth Finance Commission are the most consequential milestones to watch.

Subscribe to enjoy similar stories. The official visit of German Chancellor Friedrich Merz to India on 12-13 January, his first to the Indo-Pacific since taking office, coincided with the 75th anniversary year of diplomatic ties, providing renewed momentum to the India-Germany Strategic Partnership.

Subscribe to enjoy similar stories. India is building what looks like an impressive climate finance architecture. Regulators are demanding disclosures everywhere.

Subscribe to enjoy similar stories. Since Donald Trump returned to office, one country has borne the brunt of his fury. “We’ve been ripped off by every country in the world," he declared in April, “but China is the…‘chief-ripper-offer’".

Subscribe to enjoy similar stories. POSITIVE THINKING can help people who are feeling down. Politicians, too, have long understood that gloomy expectations can become self-fulfilling.

Subscribe to enjoy similar stories. While the White House insists that the US might use military force to annex Greenland, serious people in Denmark believe that the actual takeover might be more prosaic. As Shane Harris and his colleagues report in The Atlantic, President Donald Trump could simply announce on social media that the territory is now a part of the US.

Grok operates within a global ecosystem. Compliance requires localization for Indian regulations without disrupting global operations.AI-generated content can deliver benefits, such as simulations for factories or product design, but in the wrong hands, it raises serious concerns. Addressing misuse, therefore, requires a combination of technical, organizational, and regulatory guardrails, not a single fix.More powerful AI models are likely to amplify risks.

European Union, sent a shudder through cosmopolitan elites across the West.As many rushed to stockpile goods in the event of a “no-deal” Brexit, I remember being asked whether the sight of half-empty supermarket shelves reminded me of Albania under Hoxha (they did not). Yet with hindsight—after US President Donald Trump’s first election, a global pandemic, the wars in Ukraine and Gaza, and Trump’s return to the White House—even die-hard opponents of Brexit might now concede that their panic was somewhat overblown.Or was it? Next year, Brexit will mark its tenth anniversary—certainly an important symbolic milestone in the current age of globalization.

₹2,000-crore technology upgradation scheme for small businesses in the 2026-27 budget, aimed at boosting the adoption of energy-efficient machinery, two people aware of the development said.The technology upgradation scheme, proposed by the Union ministry of micro, small, and medium enterprises (MSME), and currently under discussion, will cover MSMEs with annual turnover of less than ₹50 crore, offering them a 20% capital subsidy for purchase of energy-efficient machinery, smart manufacturing, and automation upgrades, said the first of the two persons cited earlier, both of whom spoke on the condition of anonymity.A micro enterprise has an annual turnover of up to ₹5 crore, a small enterprise up to ₹50 crore, and a medium enterprise up to ₹500 crore.The plan comes amid several countries introducing their own carbon taxes on imports from nations with weaker climate regulations. The European Union’s Carbon Border Adjustment Mechanism (CBAM) comes into effect from 1 January.