Protests Block Traffic Around EU Summit Venue
Demonstrators blocked traffic in central Brussels to protest EU austerity measures and the ongoing free trade agreement negotiations with the United States, hours before the bloc's 28 leaders were due to attend a European Council summit. The demonstrations and blockades were organized by Alliance D19-20 which includes trade unions, farmers and different European groups mainly protesting budget cuts and the Transatlantic Trade and Investment Partnership with the U.S.
Activists Protest Against Russia's Human Rights Record Ahead of EU-Putin Talks
Human rights activists demonstrated outside the European Commission in Brussels on Monday (January 27), demanding the European Union to make Russia's human rights record a central part of an upcoming meeting with Russia's President Vladimir Putin expected to take place on Tuesday. Chanting "Human rights are no game" and "Free speech, free love, free Russia", some two hundred demonstrators protested outside the EU Council building, the venue of tomorrow's EU-Russia summit.
European Shares Climb Ahead of EU Summit
The European Union does lots of things. But being a 27-nation institution, it doesn't do them quickly. EU leaders meet in Brussels later this week for their 4th summit this year, and 22nd "crisis
Tax Trumps EU Summit Agenda
They were supposed to discuss energy - instead European leaders put their energy into tax avoidance - more importantly how to combat it. It's estimated the EU loses around a trillion euros a year through tax avasion. Investigations in Britain, France and the US have revealed how companies like Google, Amazon and now Apple have been paying very little tax by carefully structuring their European operations.
The EU Summit to Help Euro Debt
European Union leaders agreed to aid struggling banks. But if the EU's fund lends at 3%, and banks borrow at 6%, how does that help sovereign debt? Vincent Cignarella discusses on Markets Hub. Photo: Reuters.
Paris Urged Not to Block Trade EU-U.S. Talks
EU trade ministers gather in Luxembourg to hash out the scope of free trade talks with the United States. There's just one problem - France doesn't want to play ball, unless its film and television industry is excluded from any future deal. Irish Trade Minister Richard Bruton is chairing the talks.
Reuters: Deutsche Fires Three New York Forex Traders
Sources are telling Reuters, Deutsche Bank has fired three New York-based currency traders, in the latest sign that a probe over alleged manipulation of foreign exchange markets is gathering steam. According to the source, Diego Moraiz, Robert Wallden and Christopher Fahy were terminated by the bank, which told trading floor staff of the development on Tuesday. The terminations come as authorities around the world, including Britain's Financial Conduct Authority and the U.S.
Kiev Protesters Gather, EU Dangles Aid Promise
Anti-government protesters return to central Kiev Thursday, rebuilding barricades torn down by police, as the European Union holds out the promise of more aid if Ukraine signs a trade pact. In Brussels, Ukraine's First Deputy Prime Minister Serhiy Arbuzov held talks with top EU officials to discuss the trade pact that Ukraine backed away from -- provoking a political crisis.
Barroso: Swiss Vote 'Unfair'
European Commission Head, Jose Manuel Barroso, calls Switzerland's vote to restrict EU migration 'unfair', but argues it's Swiss business that will ultimately lose out. Barroso also talks about Ukraine, saying that EU sanctions are not viable, and the priority is to stop the violence. Barroso was speaking to the annual Reuters euro zone summit.
European Shares Rise Ahead of Summit
Hopes are high ahead of an EU summit next week, seen as make or break for the euro zone. European shares continued to rally on Friday, and looked headed towards posting their biggest weekly gains.
EU Shrugs Off Downgrade, Eyes Ukraine
They say timing's everything. So it was that on the final day of their final summit of the year, a small bombshell was dropped on EU heads of states: a credit downgrade on the whole of the European Union from S&P. S&P is concerned the bloc might struggle to fund its budget - that some members might baulk at paying their contributions. European Commission President, Jose Manuel Barroso issued a forceful rejection.
Stock Futures Quiet Ahead of European Summit
U.S. stock futures were mixed ahead of the two-day European summit. Facebook shares slipped as initial offering underwriters initiated coverage on the stock. John Shipman has details on The News Hub.