202505.21
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Highest Income Countries in the EU

In 2024, the highest average incomes were enjoyed by residents of northern and western European countries. The gap with the countries at the bottom of the ranking is quite large. Gross earnings, which represent the amount of compensation before all deductions, may not be the most effective indicator for comparing European countries, as workers’ income…

202505.15
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Dozens of Platforms in Europe Suing Google – 22 Billion of Compensation Requested

Google, the search engine owned by Alphabet Inc., is being sued by dozens of websites across the European Union, according to a Bloomberg News review. The platforms are seeking a total of 12 billion euros in damages. The plaintiffs accuse Google of stealing users. The plaintiffs include price comparison platforms that help consumers find the…

202504.04
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Car Sales in Germany Fall in March

The number of new passenger cars registered in Germany fell by 3.9% in March compared to the same month last year to 253,497, the Federal Motor Transport Authority said in a report. Meanwhile, sales of petrol-powered cars fell by 29.4%, diesel by 21.7%, while registrations of electric cars rose by 35.5% and hybrids by 22.1%….

202503.25
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EU to Delay US Tariffs until Mid-April

European Commission President Ursula von der Leyen held a press conference after a summit in Brussels on March 20. She discussed US-EU relations and said that Brussels would delay Washington’s retaliatory tariffs until mid-April. Initially, the EU had intended to impose retaliatory tariffs on €26 billion worth of US goods in two phases, on April…

202503.03
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Global Stock Markets Plunge Amidst Trump’s Policies and Geopolitical Concerns

Last week proved challenging for global stock markets, with major US indices experiencing significant declines. The S&P 500 fell by 1.7%, while the Nasdaq and Dow Jones indices both saw an average drop of 2.5%. This negative sentiment extended to European markets, contributing to an overall global market valuation decrease of nearly $1 trillion. Factors…