Europe

Stellantis Reports €300M Loss Amid Impact of U.S. Auto Tariffs

SMGN July 21, 2025

Stellantis, the global car manufacturer behind well-known brands like Jeep, Fiat, Chrysler, and Vauxhall, has disclosed that U.S. tariffs on imported automobiles have already resulted in an economic setback of €300 million. This figure underscores the widespread impact of the 25% tariff implemented by the U.S. government in April, a

New Study Links European Heatwave Deaths to Human-Caused Warming

SMGN July 15, 2025

Thousands Died During Heatwave Intensified by Global Warming A new scientific analysis has revealed that human-driven climate change was responsible for the majority of deaths during a recent heatwave that swept across Europe. Temperatures surged past 38 °C in numerous cities, leading to closures of tourist attractions, widespread wildfires, and dangerous

Trade Ministers Convene in Brussels as EU Eyes Response to U.S. 30 % Tariffs Surprise

SMGN July 14, 2025

Ministers Gather as EU Seeks Balance Brussels is hosting a pivotal meeting of EU trade ministers today following President Trump’s unexpected announcement of 30% tariffs on a broad range of European exports. The bloc — the United States’ largest trading partner — faces significant economic exposure. Delegates have emphasized a

Two Decades After 7/7: London Honors Victims with Unity

SMGN July 7, 2025

A Day of Reflection and Resilience Twenty years after the devastating 7/7 attacks, London gathered to remember the 52 lives lost in the coordinated bombings that shook the capital during the morning rush hour of July 7, 2005. A memorial service held at St Paul’s Cathedral saw dignitaries, survivors, emergency

Surge in Euro Value Sparks Fears Among Exporters as U.S. Tariff Deadline Nears

SMGN July 4, 2025

Trump’s tariff strategy backfires, weakening the dollar and putting added strain on European industries The euro’s sharp rise in value against the U.S. dollar in 2025 has triggered concern across global markets, particularly in Europe, where manufacturers are grappling with a significantly altered trade landscape. Despite intentions to strengthen the

NATO Members Face Rising Defense Spending Goals and Renewed Political Tensions

SMGN June 25, 2025

NATO Allies Pledge to Sharply Increase Defense Budgets The recent NATO summit in The Hague concluded with a bold new commitment: all 32 members agreed to gradually increase military spending to 5% of their GDP within the next decade. This move significantly raises the bar from the previous 2% guideline,

Could Trump’s Tariff Policy Give Europe an Unexpected Economic Advantage?

SMGN June 24, 2025

Investor Sentiment Shifts Amid U.S. Trade Conflict The ongoing tariff dispute between the United States and the European Union has entered a critical phase, with the deadline for a resolution set for July 9. As economic tensions grow, international investors appear increasingly hesitant about U.S. markets and are redirecting capital

Turbulence in the Skies: How Airbus Pulled Ahead of Its U.S. Rival

SMGN June 17, 2025

Air travel remains statistically safe, but perception mattersFlying is still considered the safest way to travel long distances. Statistically, even driving to the airport poses more risk than the flight itself. But when an aircraft crashes—as seen this week with Air India Flight 171—it’s hard to focus only on data.

UK Economy Shrinks More Than Expected Amid Corporate Tax Hike and Global Trade Tensions

SMGN June 12, 2025

Unexpected economic contraction in April raises concerns over growth outlook despite government’s spending promises The British economy unexpectedly contracted by 0.3% in April, marking a notable reversal following a modest 0.2% expansion in March, according to new figures released by the Office for National Statistics (ONS) on Thursday. Economists had

ECB Slashes Rates Again Amid Trump’s Trade Tensions and Sluggish Eurozone Growth

SMGN June 9, 2025

ECB Cuts Interest Rate to 2% as Economic Uncertainty Grows The European Central Bank (ECB) has reduced its benchmark interest rate to 2%, marking the eighth rate cut in just over a year. The move comes amid ongoing trade tensions triggered by former President Donald Trump’s escalating tariffs on European

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Expert Tips to Navigate Flight Delays and Cancellations During Crisis

SMGN November 6, 2025

Widespread flight delays and cancellations are impacting major airports nationwide as the government shutdown, now the longest in history, continues to drag on. Air traffic controller shortages have caused issues at numerous airports for more than a month, creating ripple effects across the entire travel network. In response to the

Trump says government shutdown pressures Republicans and suggests ending the filibuster

SMGN November 6, 2025

Former president reflects on election results after record-long shutdown During a meeting with Republican senators, former President Donald Trump said the prolonged federal government shutdown negatively affected recent election results for his party. Trump stated that pollsters identified the shutdown as a major factor influencing voter sentiment against Republicans. “If

U.S. Government Revises SNAP Benefit Cuts, but Millions Still Face Major Reductions

SMGN November 6, 2025

USDA Adjusts Reduction Formula Amid Ongoing Legal and Technical Challenges The U.S. government has revised its plan for the Supplemental Nutrition Assistance Program (SNAP), announcing a smaller reduction in monthly food benefits. According to updated guidance from the Department of Agriculture (USDA), maximum allotments will now be cut by 35%