Google’s relation with European regulators is far from reaching stable ground. Margrethe Vestager, the new European Commissioner for Competition, declared on Tuesday that she needs to reassess the antitrust concerns regarding Google before taking any decisions. "The issues at stake in our investigations have a big potential impact on many players, they are multifaceted and complex,” Vestager … [Read more...]
Barroso Warning Speech Supports Britain EU Membership
The current situation in UK will be addressed on Monday by Jose Manuel Barroso, the President of the European Commission. With UKIP gaining more power and acceptance of their anti-EU stance, David Cameroon’s chances of getting re-elected in 2015 are dropping. This is why his stance on immigration has softened recently, prompting Barroso’s warning speech on how Cameroon attempts to change … [Read more...]
EU Votes for Toughened Sanctions against Russia
The Eastern Ukraine conflict may soon force the EU to take new punitive measures against Russia. European Council President Herman Van Rompuy said in a statement that “the sanctions aim at promoting a change of course in Russia’s actions destabilizing eastern Ukraine.” However, the sanctions will not go into effect immediately. Last week, there was a cease fire agreement established in Minsk. … [Read more...]
Asian Equities have European Stocks on the Rise
While the dollar was holding gains against the euro, copper and oil were falling, European and Asian stocks rose, policy makers still hadn’t decided whether they would be adding stimulus in manufacturing data from China to Germany. Both the MSCI Asia Pacific Index and the Stoxx Europe 600 Index rose by 8 AM in London both by 0.2 percent, while China’s benchmark stock index was still … [Read more...]
