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Tag Archives: European

The weakening of the earth’s magnetic field for unexplained reasons reveals the European Space Agency

technology 18:22 GMT May 23rd, 2020Get a short URL Earth has a moderately strong magnetic field generated by superheated liquid iron that forms the outer core of our planet. The magnetic field is vital because it protects the earth’s ozone layer from solar winds, cosmic rays and harmful ultraviolet radiation. The Earth’s magnetic field is weakening, the European Space Agency …

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European NATO allies are concerned about the U.S. plan to leave open skies

FILE PHOTO: During the move to the new building in Brussels, Belgium, on April 19, 2018, banners with the NATO logo will be placed at the entrance to the new NATO headquarters. REUTERS / Yves Herman BRUSSELS (Reuters) – European NATO members told the United States on Friday that they were concerned about their plan to withdraw from the 35-nation …

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European stocks are recovering as data show virus growth is slowing, and Fed chief is optimistic about its capabilities

European stocks jumped on the stock market as data showed that new coronavirus cases were growing at the slowest rate in months, while the Federal Reserve chief said the US Federal Reserve had enough ammunition to fight the economic crisis. After the Stoxx Europe 600 fell 3.8% last week SXXP, + 2.08% rose by 1.9%. The German DAX DAX, + …

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European markets digest the Fed’s warning

European stocks fell sharply on Thursday, and investors digested an economic warning from Fed Chairman Jerome Powell, hoping for an early end to the crisis. The pan-European Stoxx 600 fell 2.4% in the early afternoon, with cars falling 4.6% to cause losses as all sectors and major exchanges fell into negative territory. The decline in the Open in Europe comes …

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European equities rise by centimeters as steel manufacturers skid

European stocks rallied on Tuesday based on data showing that new coronavirus cases were slowing, while two of Europe’s largest steelmakers were skidding as demand worsened. The Stoxx Europe 600 SXXP, + 0.05% Traded 0.1% higher. Stocks fell on Monday due to concerns over a global recovery in the growth rate of the coronavirus when South Korea tried to curb …

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European Union to shrink 7.5% due to pandemic

European Commission President Ursula Von Der Leyen will hold a press conference in Brussels on April 23, 2020 to discuss measures to combat the spread of the Covid-19 pandemic caused by the novel coronavirus. OLIVIER HOSLET The European Union will shrink by 7.5% in 2020 as the coronavirus pandemic brings the worst economic shock since the Great Depression of the …

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Continental European markets closed for Labor Day, FTSE 100 open

British stocks fell on Friday as market sentiment was shaken by a new threat by U.S. President Donald Trump to impose retaliatory tariffs on China for the coronavirus pandemic. The FTSE 100 fell 1.9% by morning as markets in Germany, France, Italy and other major European economies were closed due to Labor Day. European stocks ended Thursday’s strongest month since …

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