EU's Kallas says the bloc must stick together against Trump’s hostile tactics and that Washington seeks to divide European governments which wield less power individually, according to FT
Newsquawk Staff ·
EU's Kallas says the bloc must stick together against Trump’s hostile tactics and that Washington seeks to divide European governments which wield less power individually, according to FT.
What it means
The comments from EU's Kallas underline the geopolitical tensions between the EU and the U.S., suggesting a need for stronger unity among European nations against perceived divisive tactics from Washington. This could heighten market volatility, particularly for the euro and related currencies, as investors assess the implications for transatlantic relations and potential economic policies. Additionally, commodities and equities may react as geopolitical uncertainties often drive risk sentiment and asset allocation decisions.
Sources
- Al-Mayadeen correspondent in Iran says Iranian officials believe that Trump wants to bring the nuclear issue into the negotiations, which Iran rejects
- Ukrainian President Zelensky says negotiations between Ukraine, Russia and the US could take place as early as November 10th
- US Midterms (6 days out): Florida flips to a Republican early-vote lead and Kansas narrows further; Crystal Ball shifts House and Senate races towards Democrats
- Israeli election results show Netanyahu's bloc with 53 seats, Eisenkot's bloc with 47 and Arab parties with 19, following the counting of all votes excluding double-envelope ballots, i24 reports
- Atomic Energy Organization of Iran Spokesman says protocol for building small reactors with Russia is being finalized
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