Caught between the US and China, can Europe remain competitive?
As trade tensions grow, Europe tries to remain competitive while balancing ties with the US and China.

As trade tensions grow, Europe tries to remain competitive while balancing ties with the US and China.
A weekly look at the world’s top business and economics stories. Watch Counting the Cost every Friday 2230GMT
Gold now accounts for 27% of global reserve holdings, overtaking US Treasuries as the world’s largest reserve asset.

The worst-case oil scenario has been avoided, but inflation and slower growth continue to weigh on the global economy.

A stronger dollar, higher energy costs and market uncertainty are putting pressure on currencies across Asia.

China’s tariff-free access for many African products has renewed hopes of industrial growth. But trade remains uneven.

AI giants are racing towards public listings as valuations soar.

Rubio’s visit to India comes as Washington seeks closer ties with New Delhi amid trade tensions and energy politics.

As the US and Europe push to reduce reliance on China, Beijing tightens control over supply chains.

Government bonds are under pressure and households could soon feel the impact.

The UN warns disruptions in the Strait of Hormuz could drive up food and fertiliser costs, and worsen global hunger.

From sanctions to rare earths, the economic rivalry between the US and China is intensifying.
