RCA Telegram News California - Economy (English)

Germany's next leader grapples to boost defence spending

Germany's next leader, conservative Friedrich Merz, has raised the alarm over European defence but the clock is ticking for him to muster the funds needed to refurbish the armed forces.

Stock markets shrug off Trump trade war fears but tech sags

European and US stock markets largely shrugged off Tuesday the latest calls by US President Donald Trump for tariff threats, though tech stocks sagged.