The post EU set to slash 2026 growth forecast amid trade tensions appeared com. The European Union will reduce its growth forecasts for 2026 as trade disagreements persist, alongside weak economic performance by its largest member countries and political upheaval. The revised outlook, due to be released next week, indicates that Europe’s recovery is much shakier than officials had anticipated. EU officials say increasing U. S. tariffs and unresolved trade disputes are now the top obstacles to growth. The Trump administration’s tariff measures, introduced last year, continue to affect European exporters, particularly in manufacturing-dominated sectors such as steel, machinery, and automobiles. Brussels had expected pressures to abate by 2026, but had also anticipated a modest recovery. Previous estimates put growth at around 1. 4%. That estimate is now expected to be drastically lower, reflecting the cumulative impact of trade barriers and investor risk. The jolts from U. S.-EU trade tensions are also giving businesses pause. Local companies are deferring investments amid fears about market access, supply chain risks, and the uncertainty of tariffs. Emerging global competition, a stronger euro, and a downturn in foreign demand are also contributing to headwinds for the export outlook. The uncertainty itself, economists say, is now one of Europe’s most serious economic threats, as opposed to the tariffs alone. Confidence has declined, supply-chain planning has become more difficult, and the specter of further escalation in trade looms over every forecast. Major economies lose momentum Germany, the EU’s largest economy, is experiencing a particularly challenging time. Yet despite expanding public spending on defense and infrastructure, the nation’s recovery has lagged. Industrial production has struggled to gain traction, and Germany’s chronic competitiveness woes have taken root. What was counted on to be Germany’s best post-pandemic year of growth has now become just another disappointing cycle. The country’s Council of Economic Experts recently cut its 2026 growth forecasts to 1%, citing weaker global demand and.
Tag: competitiveness
“We might be small, but we’re quick, flexible, and deeply committed, and that approach makes us truly competitive”,” said the Estonian Film Institute CEO Edith Sepp, as more than 1, 700 accredited guests from over 50 countries are pouring into town for the biggest film bash of the year the Black Nights Film Festival and [.].
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Fans have reacted to Max Verstappen getting knocked out in yesterday’s Q1 session of qualifying at the Interlagos racing circuit (Brazilian GP).
The post Crypto Is The “Industry Of The Future”: David Sacks appeared com. President Trump’s Crypto and AI Czar, David Sacks, is making a bold case for America to reclaim leadership in digital innovation calling crypto “the industry of the future.” Speaking alongside a16z co-founders Marc Andreessen and Ben Horowitz, as well as entrepreneur Erik Torenberg, Sacks emphasized that the U. S. needs clear regulatory standards to keep crypto innovation onshore. He criticized the Biden administration’s “regulation by enforcement” approach, arguing that under SEC Chair Gary Gensler, crypto entrepreneurs were prosecuted instead of given clear rules to follow. “All the entrepreneurs I’ve talked to over the years say the same thing just tell us what the rules are,” Sacks said. “During the Biden years, you had an SEC chairman who took an approach, which I guess has been called regulation through enforcement, which basically means you just get prosecuted. ” United States as the crypto capital of the planet Sacks said President Trump’s campaign pledge to make the U. S. “the crypto capital of the planet” and to fire Gensler resonated strongly with voters. “He’s talked about how surprised he was at the big ovation he got at that,” Sacks noted, underscoring the growing political weight of crypto policy. Under the Trump administration, Sacks said the goal will be to establish regulatory clarity that protects consumers while fostering innovation and competitiveness. “Providing certainty means entrepreneurs can build here in America,” he added. Last night on 60 Minutes, President Trump reinforced his support for crypto in the United States, saying “I only care about one thing: will we be number one in crypto.” The discussion also touched on AI competition with China, the need for a federal crypto framework, and the role of abundant energy in powering future technologies. Sacks positioned both crypto and AI as twin pillars of America’s technological leadership sectors.
SACRAMENTO, Calif. The other day I searched for some of my articles regarding the housing issue and, much to.
Photo credits: ichimabi / BigStock EU governments want to launch a European Life Sciences Investment Fund, as part of a coordinated strategy to make Europe an attractive place for private investment in research and innovation. At a meeting in Brussels on September 30, research.