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Facing Trump's return, EU confronts economic challenges
Facing Trump's return, EU confronts economic challenges
by  AFP

Confronted with the return of Donald Trump, EU leaders on Friday are set to commit to deeply reform Europe's economy and tackle challenges highlighted by a blockbuster report. But Friday's talks only kickstart the conversation and concrete proposals are expected to come months later, with implementing reforms set to take even longer.

US Fed chair says will not leave early if asked by Trump
US Fed chair says will not leave early if asked by Trump
by  AFP

US Federal Reserve Chair Jerome Powell said Thursday that he would not resign if asked to leave early by President-elect Donald Trump. If he wanted to, Powell could stay on as a governor after he steps down as Fed chair, and serve out the remainder of his term, which expires in early 2028. da/sms

What will Trump 2.0 mean for US tech?
What will Trump 2.0 mean for US tech?
by  AFP

What will Donald Trump's second stint in the White House mean for a US tech industry in the throes of an artificial intelligence frenzy? An early target of Trump's attention could be the executive order from President Joe Biden on regulating artificial intelligence.

Ex-banker and Scholz ally: Germany's new finance minister
Ex-banker and Scholz ally: Germany's new finance minister
by  AFP

Joerg Kukies, Germany's new finance minister, is a former investment banker who has long been one of Chancellor Olaf Scholz's closest advisers, most recently as a state secretary. But in spite of the huge pay cut, he stayed -- and three years later, when Scholz became chancellor, switched to being an economic adviser in the chancellery.

German big business calls for early vote, economic vision
German big business calls for early vote, economic vision
by  AFP

German big business groups demanded almost in unison Thursday that embattled Chancellor Olaf Scholz call elections soon to restore political stability in Europe's stuttering top economy. Hours after the world learnt that Donald Trump, a strong proponent of tariffs, is headed back to the White House, German Chancellor Olaf Scholz's ruling coalition imploded.