US dollar weakness drives portfolio diversification to Switzerland
Eurowire News Desk: A growing number of wealthy Americans are moving their assets to Switzerland amid renewed political and financial uncertainty in the United States....
Tag : EuroWire
EU steel safeguard adjusted to limit rising imports
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,...
Europe sees 10 percent rise in childhood tuberculosis cases
Childhood tuberculosis (TB) cases have surged across Europe and Central Asia, according to a joint report released today by the European Centre for Disease Prevention...
EU leaders agree on €800 billion defence spending increase
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...
Record drop in children being born in EU in 2023
The European Union recorded a significant decline in birth rates in 2023, with 3.67 million babies born across its member states. This marks a 5.4%...
EV demand skyrockets as global battery market expands rapidly
The global battery market is experiencing significant growth, driven by soaring demand and declining prices, according to the International Energy Agency (IEA). The agency highlights...
EU tourism hits 3 billion nights in 2024 after Q4 boost
The European Union recorded an all-time high in tourism in 2024, surpassing 3 billion nights spent at tourist accommodation establishments, according to Eurostat. This milestone...
Nvidia shares fall 9% as tariff fears shake the stock market
Nvidia's stock fell nearly 9% on Monday following confirmation from U.S. President Donald Trump that tariffs on imports from Canada and Mexico would take effect...
European Union advances on zero-pollution targets for 2030
The European Union is intensifying efforts to meet its ambitious 2030 zero-pollution targets as new reports highlight both achievements and challenges. On March 3, 2025,...
Austria forms three-party coalition government led by ÖVP
Austria’s new government was sworn in on Monday, concluding five months of political uncertainty following last September’s parliamentary elections. Christian Stocker, leader of the center-right...