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The European Commission set out two strategies to ensure Europe stays ahead, driving adoption in key industries and putting Europe at the forefront of AI-driven science Moderate growth reflects resilience amid high inflation, tariff disruptions, and cautious business investments Investments aim to modernize railways, inland waterways, and maritime routes across the TEN-T network Strengthening calls for additional interest rate cuts from ECB Germany's manufacturing rebound and easing inflation signal a positive shift in Europe's economic engine The bank noted that falling ECB deposit rates and reduced bond holdings will help mitigate future losses Romania, Spain, Greece and Portugal recorded the highest employment growth compared with the previous quarter Google has previously faced financial penalties, including over $1 billion paid to France for tax fraud allegations Germany and France, the two largest economies within the bloc, have reported unexpected contractions Core inflation remained steady at 2.7 percent for the fourth month in a row Despite exceeding 49.5, PMI remained below the 50 threshold for growth In 2023, 95 percent of EV sales in emerging markets were premium models, unaffordable for most consumers In October 2024, there were around 12.971 million people unemployed in the EU Despite competition from the U.K., Canada, and Australia, the U.S. remains the top choice for international students Other global brokerages, including Goldman Sachs and J.P.Morgan, anticipate a 25 bps cut from the central bank next month Exports amounted to $2.93 trillion, up 5.1 percent YoY, and imports totaled $2.14 trillion Figures released ahead of COP29, taking place November 11 to 22 in Baku, Azerbaijan The council reaffirmed its commitment to climate finance and aims for new targets beyond 2025. Inflation fell to 1.1 percent in August from 1.4 percent in May, partly due to a stronger Swiss franc The Committee unanimously cut U.K. government bond purchases by $93.77 billion, reducing the total to $523.58 billion Expected sales for the next three months reached their highest level since January 2020, before the COVID-19 pandemic This follows a GDP increase of 0.3 percent in both regions during the Q1 2024 Investors expect two or three more borrowing cost cuts this year, with additional actions in 2025 New docking facilities on Germany's North Sea coast will handle heavy loads, including wind farm components
