Spain has stepped forward with a bold €14.1 billion relief package to shield its economy from the ripple effects of new U.S. tariffs, as Economy Minister Carlos Cuerpo warns of potential hits to the country’s GDP amid growing global trade tensions.
The series of tariffs announced by U.S. President Donald Trump on Wednesday could have a negative effect on Spain's gross domestic product, potentially reducing it by several tenths of a percentage point, Economy Minister Carlos Cuerpo warned on Friday.
While Spain’s direct economic exposure to the United States is relatively limited compared to other European Union nations, Cuerpo emphasized that a global slowdown in trade could indirectly impact the Spanish economy.
In response to the potential fallout, Spain on Thursday unveiled a substantial financial support package valued at €14.1 billion ($15.55 billion), comprising loans and direct aid. This initiative positions Spain as one of the few major economies to present a concrete and proactive solution to mitigate the repercussions of the newly imposed U.S. tariffs.
President of Azerbaijan Ilham Aliyev spoke about the emergence of a new world order at the Munich Security Conference. In response to a question by An...
AnewZ's Orkhan Amashov reports from Munich as the three-day Munich Security Conference kicked off on Friday (13 February), bringing together world lea...
Dubai-based global ports operator DP World said on Friday that its long-serving chairman and chief executive, Sultan Ahmed Bin Sulayem, has stepped do...
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President of Azerbaijan Ilham Aliyev spoke about the emergence of a new world order at the Munich Security Conference. In response to a question by AnewZ's Orkhan Amashov, he discussed the creation of the Board of Peace, launched in Davos and its upcoming first summit in Washington.
AnewZ's Orkhan Amashov reports from Munich as the three-day Munich Security Conference kicked off on Friday (13 February), bringing together world leaders, diplomats, and policy makers to discuss pressing global security challenges.
Dubai-based global ports operator DP World said on Friday that its long-serving chairman and chief executive, Sultan Ahmed Bin Sulayem, has stepped down following mounting pressure linked to alleged ties to disgraced financier Jeffrey Epstein.
The United States is set to deploy an additional 200 troops to Nigeria as part of expanded counterterrorism cooperation, according to a senior Nigerian military source.
Europe heads into the Munich Security Conference, on Friday (13 February), amid deepening unease over U.S. policy, as President Donald Trump’s hard-line stance on defence, trade and territory fuels doubts about Washington’s long-term commitment to transatlantic security.
James Van Der Beek, who rose to fame as Dawson Leery in the hit teen drama Dawson’s Creek, has died aged 48 following a battle with stage 3 colorectal cancer.
Türkiye and Greece signalled renewed political will to ease long-standing tensions during high-level talks in Ankara on Wednesday (11 February). Maritime borders, migration and trade topped the agenda as both leaders struck a cautiously optimistic tone.
Stalled U.S.–Iran talks and mounting regional tensions are exposing a growing strategic rift between Washington and Tel Aviv over how to confront Tehran, political analyst James M. Dorsey says, exposing stark differences in approach at a critical moment.
BMW is recalling a mid six figure number of vehicles worldwide after identifying a potential fire risk linked to the starter motor.
As Cuba’s government prepares for American aggression, residents say economic hardship worries them more than the threat of war. Tensions between Cuba and the U.S. have escalated sharply this year, as Washington steps up sanctions and threatens regime change.
Europe needs to develop global partnerships with key nations to tackle global problems together, chancellor tells Munich Security Conference
AnewZ's Orkhan Amashov reports from Munich as the three-day Munich Security Conference kicked off on Friday (13 February), bringing together world leaders, diplomats, and policy makers to discuss pressing global security challenges.
Dubai-based global ports operator DP World said on Friday that its long-serving chairman and chief executive, Sultan Ahmed Bin Sulayem, has stepped down following mounting pressure linked to alleged ties to disgraced financier Jeffrey Epstein.
A SpaceX Falcon 9 rocket launched early on Friday, 13 February, from Cape Canaveral, Florida, carrying four astronauts and cosmonauts on an eight-month mission to the International Space Station (ISS). The Crew-12 team includes two Americans, a French astronaut and a Russian cosmonaut.
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