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The European Commission (EC) on Wednesday, December 5, published a plan to strengthen the global role of the euro in world markets.
EC Vice President for the Euro and Social Dialogue Valdis Dombrovskis said that Brussels intends to make the euro a more attractive currency for international payments than the US dollar. In addition, it is planned to use the euro more for calculations on the global oil and gas markets, as well as in strategic sectors of the economy.
According to officials, the euro must comply with the political, economic and financial level of the eurozone in order to act as a tool for legal regulation of the international political and economic order.
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In his characteristic style, Donald Trump presented what he called the "greatest trade deal in history," claiming that Indonesia and Japan had opened their markets to American business
The US economy continues to demonstrate resilience, fueling optimism around corporate earnings. Investors are hopeful for strong results, particularly from the "Magnificent Seven," while emphasizing the importance of tariffs
Japanese Auto Tariffs Cut 27.5% to 15% Thermo Fisher Shares Surge, Beating Wall Street Expectations Texas Instruments Shares Plunge as Tariff Uncertainty Impacts Demand Tesla Reports After Hours, Investors Brace
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