Greenland, Trump and Europe
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Allies including France and Germany are working closely on a plan on how to respond should the United States act on its threat to take over Greenland.
Britain and France firmed up a postwar troop commitment in Ukraine, though Russia has said it will reject any deal that allows NATO-country forces in Ukraine.
Shares in defence stocks were leading gains in Europe on Monday, following U.S. military action in Venezuela at the weekend that supported the sentiment for the sector.
The European Union is back in the crosshairs of the Trump administration over its tech rules, which Washington denounced as an attempt to "coerce" American social media platforms into censoring viewpoints they oppose.
US threats to annex Greenland following the attack on Venezuela should be taken seriously. European countries have important leverage they should be prepared to use.
European stocks ended flat on Wednesday, snapping a run of record closes as investors paused to digest the latest U.S.–Venezuela developments and sifted through a fresh batch of economic data.
The ECB has cut rates from 4% to 2%, and the market is pricing in that they’re now done. Now we have a view that they may need to cut rates one or two times more.
European automakers will be exposed to hostile conditions in 2026 as sales stagnate and China’s threat accelerates. Car buyers will be smiling as prices fall.
Seven European countries have issued a joint statement saying only Greenland and Denmark can decide on their future.