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The European Union (EU) recorded a trade deficit in aluminium of €11.1 billion in 2024, as per newly published data from Eurostat. The EU imported €29.5 billion worth of aluminium and related articles, while exports totaled €18.4 billion, reflecting a growing imbalance in aluminium trade. Compared with 2019,
The European Commission steel safeguard measure has been significantly reinforced as part of a broader effort to protect the European Union’s steel industry from mounting global pressures. This revision, which aligns with the EU’s Steel and Metals Action Plan, aims to curb the influx of steel imports
CryptoWire News Desk: U.S. financial advisors are increasingly embracing cryptocurrency exchange-traded funds (ETFs), with a majority signaling plans to expand their exposure in 2025. According to a survey presented by TMX VettaFi at the Exchange conference in Las Vegas, 57% of advisors intend to
The European Union has announced plans to substantially increase its defence spending, committing €800 billion (approximately $868 billion) over the next four years. The decision was formalized during a summit of EU leaders held in Brussels on March 20, 2025, where participants agreed to intensify efforts
Water scarcity in Europe is becoming an increasingly critical issue as climate change drives rising temperatures, more frequent droughts, and mounting pressure on freshwater supplies, according to the European Environment Agency (EEA). The agency’s latest findings signal a growing environmental challenge
European Union leaders and social partners convened in Brussels for the Tripartite Social Summit, focusing on reinforcing Europe’s position as a competitive and investment-friendly economy amid geopolitical challenges. The summit, held on March 19, 2025, centered on the theme, “Bringing Europe back
Europol has warned that artificial intelligence (AI) is significantly enhancing organized crime, posing a growing threat to the stability of European societies. In a report released on Tuesday, the agency underscored the increasing intersection of criminal networks with state-sponsored efforts to
XRP surged following an announcement by Ripple CEO Brad Garlinghouse that the U.S. Securities and Exchange Commission (SEC) is dropping its appeal in the long-running lawsuit against the payments company. The cryptocurrency saw an increase of nearly 11%, reaching $2.52. Speaking at the Digital Assets
Global trade surged to a record $33 trillion in 2024, marking a 3.7% expansion worth $1.2 trillion, according to the latest Global Trade Update released by UN Trade and Development (UNCTAD). Despite this growth, the report warns of increasing uncertainty in 2025 due
Russian researchers at South Ural State University (SUSU) have developed and patented an advanced artificial intelligence (AI) system designed to detect traffic anomalies using neural network technology. The program, as reported by TV BRICS, processes real-time CCTV footage, accurately identifying vehicles and