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This Month

Matthew Wilson, Executive Co-Chair, PentenAmio and Sarah Bailey, CEO of PentenAmio Australia.

Australian defence start-ups target Europe as it rearms

Military technology firms are profiting from geopolitical instability, with Canberra-based Penten among those hoping to win contracts in the European market.

Containers at the port of Hamburg. Donald Trump’s trade war has revived EU interest in trade deals with Asia.

EU eyes closer ties to trans-Pacific bloc as Trump jolts trade order

Plans to build stronger links between Brussels and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership have gained momentum.

Cardinals attend a mass on the fifth of nine days of official mourning for the late Pope Francis.

Nazi gold, organised crime: New pope faces unholy financial crisis

The late pontiff sought to battle corruption, but his successor faces a steep challenge in balancing the books.

April

Passengers crowd the train entrances at Sants station in Barcelona after the power outage.

Why Spain’s unprecedented power collapse could happen again

The massive outage this week raises concerns about the resilience of infrastructure in Europe and implications for moves away from fossil fuels.

Mark Carney was elected Liberal leader in March, replacing former Prime Minister Justin Trudeau.

Crisis-fighting central banker to lead Canada through US trade war

Mark Carney ran a low-key five-week campaign and steered clear of major gaffes. His blend of tough talk and bland competence was a deliberate strategy.

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Supporters of Mark Carney outside a federal leaders’ election debate in Montreal.

Global crisis fixer Carney tipped to win Canada’s election

Mark Carney, the new prime minister seeking a full term in Monday’s election, has built his campaign around Donald Trump’s threats to the country and the world.

Ukraine’s President Volodymyr Zelensky meets with French President Emmanuel Macron, British Prime Minister Keir Starmer and Donald Trump.

Hushed chats, willful snubs: Geopolitics on show at Pope’s funeral

Dozens of leaders from around the world gathered for the pontiff’s funeral, but all eyes were on Donald Trump to see who he would greet and who he might avoid.

Special relationship: Donald Trump meets Giorgia Meloni in the Oval Office.

Trump says US will ‘100 per cent’ strike trade deal with EU

The US president raised hopes of a breakthrough during an Oval Office meeting with Italy’s leader Giorgia Meloni, whom he has called “a wonderful woman”.

United Airlines has cautioned that the macro environment was “impossible to predict this year with any degree of confidence”.

Trump’s trade war uncertainty ripples through the business world

US airlines have said they are bracing for an uncertain summer travel season, and Federal Reserve chairman Jerome Powell noted slowing economic activity.

Dean McKillip and Lizzy Rawdah.

Would you pay $900,000 to live in Valencia? This couple did

While Spain and Portugal are cancelling or tightening their golden visa schemes, expats and retirees are finding other ways to live out their lifestyle fantasies.

Ranchers herd cattle in Xinguara, Para state, Brazil. The country’s beef sales to China climbed a third in the first quarter of 202.

Trump’s trade war a boon for Brazil but has US farmers reeling

US agricultural shipments to China sank 54 per cent in January compared with a year earlier. South America’s biggest economy was one of the main winners.

A security guard stands next to a sculpture titled ‘The World Turned Upside Down’ by artist Mark Wallinger in London, United Kingdom.

Nations try ‘banding together’ in new global trade era

Officials around the world are dashing to diversify their economies. But the fight between the US and China casts a long shadow.

European Commission President Ursula von der Leyen.

EU warns of taxing US big tech if Trump trade talks fail

The European Commission president says she wants a “balanced” deal but could hit US services in retaliation.

European Central Bank president Christine Lagarde suggests Europe needs its own payments system.

Trump’s trade ructions will end up disrupting banking and payments

European Central Bank president Christine Lagarde has lamented an almost exclusively American financial infrastructure. Others feel the same way.

Donald Trump’s tariffs escalate trad war with China, as Xi Jinping retaliates.

Could Trump’s tariffs decouple Europe from China, too?

The levies may trigger a strategic diversion of Chinese exports from America to the EU, eventually compelling European governments to respond with their own trade barriers.

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Europe could end up more like 1980s Qld than 1930s Germany

There’s a problem with being on the lookout for a rerun of the 1930s: you could miss what’s actually happening.

A worker at a Lego factory in Vietnam.

Beijing seeks to build alliances against US

Europe and South-East Asian countries are the best hope for China as it looks to build on commercial and strategic relationships in the region and beyond.

Trump holding an executive order in the Oval Office on Wednesday.

Australia caught in crossfire as China, US seek allies for trade war

Canberra is backing in a potential free trade deal with Europe but rebuffs China’s overtures to resist Donald Trump’s tariff wave.

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ASX gains $112b; Why Trump backed down; Did he manipulate market?

Read everything that’s happened in the news so far today.

Bourbon was removed from the bloc’s list amid pressure from member states after Trump threatened 200 per cent duties on wine, champagne and other alcoholic beverages from France and elsewhere.

EU adopts tariffs on $45b of US goods in metals fight

The European Commission said the countermeasures can be suspended at any time “should the US agree to a fair and balanced negotiated outcome”.

Original URL: https://www.afr.com/topic/european-union-5wv