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- 1Europe relieved by US-China trade truce but wary ahead▼Why Xi’s US trip leaves Europe relieved by trade truce – but wary of the future
Xi Jinping's trip to the United States has produced a trade truce between Washington and Beijing, and European policymakers are breathing a sigh of relief that renewed superpower tariff escalation has been avoided. But analysts and officials in Europe remain uneasy: a bilateral US-China détente could leave the EU sidelined on trade questions, and the underlying tensions between the two powers are unresolved.
- 2Europe turns to tax breaks and subsidies to ease record fuel prices▼Europe turns to tax breaks, subsidies to tackle record-high fuel prices | Daily Sabah
European governments are rolling out tax breaks and subsidies in an effort to cushion consumers from record-high fuel prices. Measures under discussion or already introduced include cuts to fuel taxes and direct support for households and businesses. The moves reflect growing political pressure as energy costs strain household budgets across the continent, with governments competing to shield their economies from the price surge.
- 3US Mortgage Rates Climb Back to 7%●Mortgage Rates Hit 7%: What’s Next for the Housing Market? | WSJ News
Mortgage rates in the United States have reached 7%, reigniting concern among homebuyers and homeowners. The Wall Street Journal examines what the rise means for the housing market, with analysts weighing whether higher borrowing costs will cool demand, keep prices elevated, and how long buyers can expect relief amid ongoing economic uncertainty.