Europe

Record Chinese turnout puts European carmakers under pressure at Paris show

U.S. Presses Europe to Release Diesel Reserves

Croatia Approves Tesla Supervised FSD, Eighth in Europe

Croatia's DZM confirmed Tesla FSD Supervised on September 28, the eighth European approval, reversing its September 10 stance; Tesla said rollout will begin soon.

Europe expects Q4 jet-fuel deficit of 510,000 bpd

Europe faces a 510,000 bpd Q4 jet-fuel deficit after Middle East disruptions cut about half its imports. South Korean shipments hit 129,000 bpd in September, highest since October 2022.

IMF: AI Could Raise Europe’s Productivity, Deepen Strains

IMF studies and remarks warn that AI could raise EU productivity by about 1% over five years, but benefits would be uneven and could strain power grids and raise dependence on foreign technology unless Europe deepens economic integration and invests in energy, infrastructure, and skills. At the global level, the IMF cautions that inflation remains stubborn, debt service costs rise, and AI financing concentrated in the United States could pose systemic risks, even as growth around 3% would be a notable achievement.

STEPHEN MOORE: Biden-Harris Admin Sitting On Its Hands As Major American Companies Get Extorted By Europe

The Wall Street Journal noted last week that American shareholders will lose tens of billions of dollars in investment income from their stock holdings in Silicon Valley companies like Google and Apple if several…

BP Dumping Key Green Energy Business

European energy company BP has announced plans to sell its U.S. onshore wind business as it aims to concentrate on its core oil and gas business and improve investor sentiment, according to the Financial Times. BP…

NATO Struggles With Alarming Defense Weaknesses As European Countries Continue To Depend On US Taxpayers

NATO has discovered alarming problems with European allies’ defenses as the U.S. continues to prop up the alliance with taxpayer funding, Reuters reported on Wednesday. While a historic number of European NATO members…

Russian Gas Sales To Europe Exceed US Supply As Ukraine War Rages

Russia overtook the U.S. in terms of natural gas supplied to Europe in May as the war in Ukraine continues, according to Financial Times. Once the leading supplier of gas to Europe, Russian deliveries fell off…