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German exports to US tumble as Berlin urges quick trade deal
German exports to US tumble as Berlin urges quick trade deal
by  AFP

German exports to the United States plummeted in May, official data showed Tuesday, as Berlin pressed the European Union to strike a quick tariff deal with US President Donald Trump. German Chancellor Friedrich Merz last week called on the EU to strike a "quick and simple" bargain with the United States, saying Germany's "key industries" needed clarity. vbw/sea/rl

Cambodian garment workers fret Trump's new tariff threat
Cambodian garment workers fret Trump's new tariff threat
by  AFP

As Cambodian garment workers took breaks from toiling in sweltering factories on Tuesday, they feared for their jobs after US President Donald Trump's threat to impose a 36 percent tariff. "I fear that the high tariff will affect factories and will result in fewer jobs for workers," said the 47-year-old.

Bulgaria to get final green light to adopt euro in 2026
Bulgaria to get final green light to adopt euro in 2026
by  AFP

EU ministers are set to give the final green light on Tuesday for Bulgaria to adopt the euro on January 1, 2026, when the country would become the single currency area's 21st member. - Euro club gets bigger - Only 12 countries were part of the single currency area -- including France, Germany, Italy, Spain, and Greece -- when the first euro bills and coins were rolled out on January 1, 2002.

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