Now playing Next Europe News Breaking news. EU to raise €35 billion loan for Ukraine using Russia's frozen assets
Now playing Next Europe News Breaking news. EU to raise €35 billion loan for Ukraine using Russia's frozen assets
Now playing Next Economy ECB's Lagarde reaffirms data-driven approach to future rate decisions ECB President Christine Lagarde reaffirms a data-driven approach to rate decisions while urging structural reforms, citing Mario Draghi's competitiveness report. The ECB lowered its deposit rate by 25 basis points, with inflation and growth forecasts largely unchanged. 12/09/2024
Now playing Next Healthcare Doctor shortages and low pay: Europe's hospitals are under the weather Europe is suffering from a healthcare crisis, with chronic staff shortages, low pay and overtime prompting strikes in Germany, Slovenia, and Sweden. In France meanwhile, a controversial medicine education reform has students and doctors up in arms. 12/09/2024
Now playing Next Economy Spanish inflation drops to over one-year lows on cooling food prices Productivity, however, continues to be weak, compared with the average across the EU, with the issue having worsened over the past 10 years or so. 12/09/2024
Now playing Next Economy European Central Bank cuts interest rates again as inflation slows The European Central Bank (ECB) has cut its key interest rates as the markets expected, marking its second reduction this year following a move in June. 12/09/2024
Now playing Next Business Unions to take Audi Brussels to court over escalating factory row Trade unions say they plan to take Audi Brussels to court, as tensions between the German car giant and workers continue to heat up. 12/09/2024
Now playing Next Lifestyle Horseback wrestling to goat polo: A guide to the World Nomad Games The 5th World Nomad Games, held in Astana, Kazakhstan, brings together athletes from 91 countries to compete in 21 traditional nomadic sports. 12/09/2024
Now playing Next Culture news Jon Bon Jovi praised for talking distressed woman off bridge edge American rockstar Jon Bon Jovi has been commended by the Metro Nashville Police Department after he talked a woman off the ledge of a bridge. 12/09/2024
Now playing Next Economy Spotlight shifts to ECB as US CPI weakens case for Fed jumbo rate cut European markets may be bracing for a hawkish rate cut from the European Central Bank, following higher-than-expected US inflation data, which dampened hopes for a significant rate reduction by the Federal Reserve. 12/09/2024
Now playing Next Europe News Catalonia's 'La Diada' independence rally sees lowest turnout in years The rally took place on Catalan national day, under the motto "Let's return to the street." 12/09/2024
Now playing Next Markets Why are these 6 top European carmaker stocks trading at record lows? European car manufacturers, including BMW, Mercedes, and Volkswagen, face sharp stock declines due to weak demand in China, rising competition, and high electric vehicle costs, pushing investor pessimism to record levels. 12/09/2024
Now playing Next Culture news Women dominate VMAs 2024 with Taylor Swift and Chappell Roan triumphs Taylor Swift dominated this year's VMAs, winning seven awards, including Artist of the Year and Video of the Year, while rising star Chappell Roan claimed the coveted Best New Artist prize. 12/09/2024
Now playing Next USA US remembers lives lost in 11 September terror attacks 23 years later On 11 September 2001 — a date that falls at the height of the US presidential election period every four years — four hijacked planes killed nearly 3,000 people. 11/09/2024
Now playing Next Europe News Suppliers spooked by Draghi’s calls to reform EU electricity market Mario Draghi’s EU competitiveness report, launched with much fanfare in Brussels yesterday, included a proposal for an electricity market reform that the European Commission shied away from during the energy crisis of 2022. 11/09/2024
Now playing Next Europe News PM Sánchez at odds with Congress over exiled Venezuelan leader Edmundo González arrived in Spain on Sunday after fleeing Venezuela on a Spanish army jet following a hotly contested presidential election, which several foreign governments believe he won. 11/09/2024
Now playing Next Europe News The Draghi EU competitiveness report - the reactions Mario Draghi’s anticipated report received mixed reactions, with green groups accusing him of 'dismissing the ecological crisis' and the finance industry acclaiming the bulky report’s call for 'massive investment' amid austerity fears. 11/09/2024
Now playing Next Europe Decoded Is the border-free Schengen Area about to unravel? Recent developments in Germany and Hungary linked to irregular migration have cast serious doubts over the future of the Schengen Area. 11/09/2024
Now playing Next Business BMW shares plunge after vehicle recalls for brake system fix BMW has downgraded its full-year outlook following a braking system malfunction that led to a recall of more than 1.5 million vehicles. 11/09/2024