The agency, its few remaining staff, functions and programmes will now be absorbed into the US State Department, marking an end to humanitarian relief work which USAID supporters say saved countless lives around the world. ADVERTISEMENT
Germany’s economic sentiment fell sharply in August, with the ZEW index dropping to 34.7 as experts reacted negatively to the EU–US trade deal. Key industries like chemicals and autos were hit, while eurozone sentiment also weakened. ADVERTISEMENT
Eurozone inflation held steady at 2% in July, easing pressure on the ECB. The euro is on track for its worst week since 2022 amid trade tensions and strong US data. ADVERTISEMENT Inflation no longer appears to be a pressing
