Latest news with #post-Ukraine
Yahoo
03-07-2025
- Automotive
- Yahoo
Europe's Billionaires Are Bending to Trump--Here's Why Investors Should Pay Attention
With Donald Trump's July 9 tariff deadline approaching, pressure is mountingnot just in Brussels, but in boardrooms across Europe. Automakers like Mercedes-Benz (MBGAF), BMW (BMWKY), and Volkswagen (VWAGY) have been quietly flying executives to Washington, lobbying U.S. officials directly and proposing their own peace terms to head off a potential 50% tariff on European exports. Luxury powerhouses like LVMH (LVMUY) and pharmaceutical giants like Sanofi have joined in, signaling a clear shift: many of Europe's biggest companies are no longer aligned with the EU's hardline approach. Behind the scenes, they're urging Brussels to cut a quick deal and scale back retaliatory measures, including removing high-profile U.S. products like bourbon from any counter-tariff list. Warning! GuruFocus has detected 4 Warning Sign with MBGAF. What's driving this sudden corporate detente? Profitsand survival. European companies generate wide margins in the U.S. and rely heavily on American technology, suppliers, and research partnerships. A retaliatory tariff packageinitially floated at 95 billionhas already been softened by member state requests that could slash it by nearly 70 billion. Lobby groups representing sectors from medical devices to spirits warn that hitting back at the U.S. would hurt European firms just as much, if not more. If the EU retaliates, the sector is hit twice, said MedTech Europe CEO Oliver Bisazza. That fear has flipped the script, with industries now pressing Brussels to de-escalate, even if it means swallowing a flat 10% tariff and lobbying for carve-outs in key sectors like pharma, semiconductors, and aerospace. But this fractured front comes at a delicate time for the EU. With domestic demand weakening, China gaining ground, and energy costs still elevated post-Ukraine, the U.S. market is more important than ever. Brussels wants to preserve unity, but member states are growing impatient. German Chancellor Friedrich Merz has openly criticized the Commission's slow, complex process and called for speed over perfection. LVMH Chairman Bernard Arnault has gone furtheractivating long-standing ties with Trump and making personal trips to Washington to promote a calmer path. His message? In this geopolitical chess match, compromise could be the smartest move Europe has left. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
27-06-2025
- Politics
- Time of India
China On Alert? Jaishankar Heads to US for Quad Talks With Marco Rubio
/ Jun 27, 2025, 11:14AM IST External Affairs Minister S Jaishankar is set to attend a pivotal Quad Foreign Ministers' Meeting in Washington, hosted by US Secretary of State Marco Rubio. This gathering, featuring Australia's Penny Wong and Japan's Iwaya Takeshi, comes just weeks after the Pahalgam terror attack and ahead of India's upcoming Quad Summit, where PM Modi will host President Trump, PM Albanese, and PM Ishiba. The meeting underscores renewed focus on Indo-Pacific security amid a temporary lull in Middle East conflicts. Before heading to DC, Jaishankar will inaugurate a UN exhibition on 'The Human Cost of Terrorism', an event set just before Pakistan assumes UNSC presidency. As the Quad looks to strengthen its stance on maritime security, infrastructure, and regional peace, all eyes are on China's next move. Is a post-Ukraine strategic pivot unfolding? Watch this deep dive into diplomacy, deterrence, and India's rising global role.#sjaishankar #marcorubio #quad #quad2025 #india #unitedstates #china #quadmeeting2025 #jaishankarinusa #indopacific #moditrump2025 #chinaquadwatch #pahalgamattack #unterrorismexhibit #toi #toibharat #bharat #breakingnews #indianews
Time of India
22-06-2025
- Business
- Time of India
Oil, inflation not immediate worries
NEW DELHI: Govt is drawing comfort from its diversified oil purchases but is keeping close tabs on the situation in the Strait of Hormuz, which accounts for nearly a fifth of global oil consumption, in the wake of the US attack on Iran. The Strait - which serves as the primary export route for Persian Gulf producers such as Saudi Arabia, the UAE and Iraq - is crucial not just for crude supply - but also cargo headed to West Asian markets. Amid the threat of disruption by Iran, govt sources indicated that other routes will be explored. With Brent spiking to $90 a barrel, the margin of the oil companies selling petrol and diesel will get eroded but is unlikely to result in changes in pump prices due to the recent excise duty related changes. Although Opec may impact the overall calculations, India is estimated to have imported more oil from Russia this month than the combined quantity of shipments from West Asia. India's strengthening of ties with Russia on crude purchases post-Ukraine conflict are expected to come to its aid to ensure that there is no disruption, sources said. Beyond oil, there may be concerns on gas as large quantities come from the Gulf region. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like This Wrinkle Cream Keeps Selling Out At Costco (Find Out Why) The Skincare Magazine Undo Besides, the price of piped cooking gas and CNG are linked to these and may impact the overall cost dynamics for industry too. Given that retail inflation in May had moderated to an over six-year low of 2.8%, price increase is not an immediate worry, but its future trajectory will weigh on policymakers, apart from adding to the already high levels of geo-political uncertainty. For trade, war risk insurance is seen to be a challenge, including its availability and pricing. "Overall demand will take a hit. There is massive uncertainty," said Fieo director general Ajay Sahai. "Simultaneously, the situation in nearby Red Sea is deteriorating. Following Israeli airstrikes on Houthi forces on June 14-15, tensions have escalated, placing India's westbound exports at fresh risk. Nearly 30% of India's exports to Europe, North Africa, and US East Coast transit through the Bab el-Mandeb Strait, which is now increasingly vulnerable. If security conditions force shipping to reroute via the Cape of Good Hope, delivery times could increase by up to two weeks, sharply raising costs for Indian exporters," added Ajay Srivastava of GTRI, a trade research body. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Saudi Gazette
25-05-2025
- Politics
- Saudi Gazette
Trump's Riyadh visit: A signal of global recalibration
Before President Donald Trump's plane even touched down in Riyadh, the world stood at a decisive crossroads—caught between the prospect of dangerous escalations or the promise of long-overdue settlements that could end years of unrest across multiple regions. The recent era has been marked by instability—partly due to the diminishing clarity and strength of America's global role. The signs are everywhere: the grinding war between Russia and Ukraine, a heated escalation between India and Pakistan, and persistent volatility in Iran, Iraq, Syria, Palestine, and Israel. This vacuum has had consequences. Trump's visit to Saudi Arabia, however, reframed the equation. It signaled something more than symbolism — it carried the weight of intent. It told the world that the coming years of his political resurgence will likely be shaped by a strategy of resolution, not just reaction. From Riyadh, he announced a vision to reassert American influence with the aim of restoring balance — not through speeches, but through action. And he's capable of doing just that. Trump remains, with or without the presidency, a defining force in American politics. His alignment with Saudi Crown Prince Mohammed bin Salman, a statesman reshaping the region's future, is not just political chemistry — it is geopolitical convergence. Their cooperation could recalibrate not only regional dynamics but also the global order. This visit is not an electoral maneuver. It is the calculated move of a figure who understands that the Middle East remains at the heart of global stability. Even outside the White House, Trump retains the power to shape narratives and priorities. His presence in Riyadh sends a clear message: Saudi Arabia is not just a player in the region — it is the cornerstone. From Iran and Gaza to Syria and oil markets, the Kingdom's role is central to every major balance. At a time when Gaza is inflamed, Iran is emboldened, Syria is in flux, and the West is questioning its footing post-Ukraine, the timing of the visit is far from coincidental. It is deliberate — and strategic. The US-Saudi relationship is not transactional, nor is it dictated by any single administration. It is a long-standing partnership rooted in shared security, mutual interests, and an understanding of the region's complexities. Still, one cannot ignore that Trump's administration treated Riyadh not as a subordinate, but as a central pillar in the regional equation. There was a clarity in engagement, a respect for sovereignty, and a practical support for Saudi Arabia's developmental ambitions. In times of global transition, certain signals matter more than statements. Trump's arrival in Riyadh may well be remembered as a moment that repositioned the region — not by force, but by influence.
Leaders
26-04-2025
- Politics
- Leaders
Saudi Arabia Steps in to Ease India-Pakistan Tensions: Report
Saudi Arabia is actively working to ease India-Pakistan tensions after a fatal attack in Kashmir killed 26 tourists, a senior Saudi official told AFP. Nuclear-armed neighbors India and Pakistan exchanged cross-border fire after Tuesday's attack in Pahalgam. New Delhi accused Islamabad of involvement, but Pakistan denied responsibility. The UN urged both nations to exercise 'maximum restraint.' Kingdom Urges Dialogue to Prevent Escalation 'The Kingdom urges dialogue to prevent escalation between India and Pakistan,' the Saudi official stated. 'Both are allies, and stability remains our priority.' Saudi Foreign Minister Faisal bin Farhan held separate calls with Indian and Pakistani diplomats Friday. He discussed de-escalation strategies and regional developments, his office confirmed. Kashmir split between India and Pakistan in 1947, with both nations claiming full sovereignty, fueling decades of conflict. Indian Prime Minister Narendra Modi cut short a Saudi visit after the attack. Riyadh recently hosted U.S.-Russia talks to mend ties post-Ukraine war. Additionally, it facilitated discussions on Sudan's conflict and Lebanon-Syria border disputes, solidifying its global peacemaking influence. As a trusted regional power, Saudi Arabia's intervention highlights its strategic diplomacy to stabilize ally relations and curb broader geopolitical risks. Short link : Post Views: 1 Related Stories
