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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. Swiss banks have reported a significant uptick in account openings by high-net-worth U.S. individuals in recent months, citing a pattern

Bitcoin continued to hover near the $80,000 mark on Friday, as cryptocurrency markets faced renewed volatility stemming from shifting U.S. trade policy. The instability followed a sharp rebound earlier in the week after President Donald Trump temporarily eased some of

The European Commission has formally proposed a zero-tariff agreement on all industrial goods with the United States, signaling a renewed push to de-escalate transatlantic trade tensions. The offer was confirmed by European Commission  President Ursula von der Leyen, who also warned of potential

European automakers have urged the European Union and United States to resolve escalating trade tensions swiftly, citing growing risks to jobs, industrial investment, and transatlantic economic cooperation. The call follows heightened concerns within the automotive industry over the potential fallout from ongoing disputes affecting the

The United States’ decision to impose an additional 20 percent tariff on products imported from the European Union (EU) has drawn strong criticism from BusinessEurope, the continent’s largest business organization. Speaking from Brussels on April 3, 2025, BusinessEurope Director-General Markus J. Beyrer warned that the unilateral move threatens

The European Parliament has approved substantial financial aid packages for Egypt and Jordan, amounting to €4 billion and €500 million respectively, in a move aimed at reinforcing economic stability and supporting key reforms in both nations. The decision was made during a vote on April 1,

The European Commission has unveiled plans to significantly expand the mandate of Europol as part of a broader strategy to reinforce internal security across the European Union. Announced in Brussels on April 1, 2025, the initiative is aimed at enhancing law enforcement capabilities amid evolving geopolitical threats,

U.S. stock markets closed sharply lower on Friday, weighed down by hotter-than-expected inflation data and renewed concerns over tariff policies under President Donald Trump. The Dow Jones Industrial Average dropped 590 points, or 1.6%, while the S&P 500 lost 1.6% and the Nasdaq Composite fell 2.2%, extending a

Migrant deaths in Asia surged to an all-time high in 2024, with at least 2,514 lives lost along dangerous migration routes, according to the latest data from the United Nations International Organization for Migration (IOM). This marks a 59 percent increase from the 1,584 deaths

The European Union (EU) recorded a trade deficit in aluminium of €11.1 billion in 2024, as per newly published data from Eurostat. The EU imported €29.5 billion worth of aluminium and related articles, while exports totaled €18.4 billion, reflecting a growing imbalance in aluminium trade. Compared with 2019,