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US Fed starts rate meeting under cloud of tariff uncertainty
US Fed starts rate meeting under cloud of tariff uncertainty
by  AFP

The US Federal Reserve began a two-day discussion over interest rates Tuesday, with policymakers widely expected to pause again and wait for clarity on the economic impact of Donald Trump's tariff rollout. This is a challenging situation for the Fed's rate-setting committee, which began its two-day meeting in Washington at 8:30 am local time (1230 GMT).

Tesla sales fall again in Germany as drivers steer clear of Musk
Tesla sales fall again in Germany as drivers steer clear of Musk
by  AFP

Tesla sales nosedived again in Germany last month even as electric vehicle sales rose strongly, data showed Tuesday, as German drivers voted with their wallets against billionaire owner Elon Musk. Some German Tesla drivers have put "I bought this before Elon went crazy" stickers on their vehicles and the backlash has also taken more forceful forms.

EU to lay out plan to cut last Russian gas supplies
EU to lay out plan to cut last Russian gas supplies
by  AFP

The EU on Tuesday is due to unveil a keenly anticipated plan to phase out its remaining gas ties to Moscow, a challenge given Europe's longstanding dependence on Russian fossil fuels. The commission has highlighted its efforts to reduce dependence on Russian fossil fuels since the 2022 invasion of Ukraine.

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