“The European Parliament on Tuesday cleared the way for the implementation of the Turnberry agreement, but the safeguards attached by lawmakers must still be approved by EU member states before tariffs on US goods can be reduced to zero.”

“A report published this month by the McKinsey Global Institute offers one of the most rigorous accountings of last year's trade war. Its verdict confounds almost every prediction made when the tariffs were first introduced.”

“Europe and Australia have finally struck a trade deal after eight years of negotiations. From champagne to critical minerals, here is what changes — and for whom.”

“EU lawmakers voted to designate the French city of Lille as the headquarters of the upcoming European Customs Authority, beating Italy’s bid to host it in Rome.”

“The Iran war has sent oil and gas prices surging and rate hike bets rising, but ECB chief Christine Lagarde says the eurozone is far better placed to absorb the shock than it was when Russia invaded Ukraine.”

“Nuclear power accounts for 12% of the EU’s energy mix. Yet despite recent increases, overall nuclear power production is declining.”

“The new EU-Australia trade deal has drawn criticism from farmers and MEPs, who argue it will open the door to additional imports of sensitive products on top of those already agreed under the contentious Mercosur deal, while not providing full protection for certain EU regional products.”

“A law to permanently ban Russian oil from the European Union has been pushed back amid rising prices fuelled by the war in the Middle East.”

“The Iran conflict has handed Europe its most punishing economic combination in years — stagflation. With input costs surging, output stalling and confidence collapsing, the ECB's window of stability seems to have closed.”

“State pensions as a share of living costs vary widely across Europe. In Northern and Western Europe, pensions often meet or exceed basic expenses while in Eastern Europe and the Balkans they often fall short of covering them.”

“The Federal Reserve indicated it would not cut interest rates in 2024 due to inflationary pressures from the Middle East conflict.”

“The Mercosur deal is set for provisional application from May 1, despite a legal challenge.”

“The European Commission clinched a trade deal with Canberra, liberalising flows of goods while keeping quotas on sensitive EU farm products and leaving Australia’s luxury car tax largely intact.”

“The ECB warned that the Iran war could push inflation to dangerous levels in Europe.”

“Moody's economic model predicted a 49% chance of a US recession in 2024 due to Middle East tensions.”

“German investor sentiment hit its lowest level in a year, with the ZEW index showing a sharp decline.”

“EU Commissioner Von der Leyen is set to visit Australia to finalize the long-awaited trade agreement.”

“Brent crude oil prices exceeded $119 after Iran's strike on Qatar's energy infrastructure.”

“The Bank of England held interest rates at 3.75% amid inflation fears from the Middle East conflict.”

“The Fed projected a potential rate cut in 2024, citing limited economic impact from the Middle East conflict.”

“The IEA urged governments to cut oil demand and promote remote work to mitigate energy price shocks.”

“The IEA warned that the Iran war could disrupt global energy markets and trigger a severe economic downturn.”

“Spain approved a €5bn energy package to offset costs from the Middle East conflict.”

“Oil prices surged to $110 after Israel's attacks on Iran's energy facilities.”

“Fuel taxes in Europe account for more than half the cost at the pump.”

“Disruptions in the Strait of Hormuz threaten Asia's energy supply, causing fuel shortages and price spikes.”

“MEPs are moving closer to adopting the EU-US trade deal, with final approval pending.”

“The EU still imports over 50% of its energy, despite debates over expanding nuclear power.”