Germany Proposes 10% Tax on Tech Giants, Sparking U.S. Trade Fears
Germany plans to impose a 10% tax on major online platforms like Google and Facebook, targeting their sales revenue
May 29, 2025Section
Europe and Russia
Europe is where the old industrial order is being reordered – by an energy shock, a two-speed split between a sunlit south and an open north, trade friction and a shifting security map from Ukraine to the UK. The Rio Times covers Europe for the emerging-market reader: the economies, markets, energy transition, trade and politics that move global capital and set the terms Latin America trades on. This hub gathers our daily Europe coverage and links it to the wider Global South story.
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Portugal Joins Europe’s Patriotic Wave: Nationalist Chega Party Becomes Main Opposition
Portugal’s snap parliamentary election on May 18 saw a seismic shift as the patriotic nationalist party Chega surged.
May 29, 2025
Glacier Collapse Buried Swiss Village Under 3 Million Tons of Debris
A glacier collapse in Switzerland’s Lötschental valley buried 90% of the village of Blatten in ice and debris on May...
May 29, 2025
Germany and Kyiv Forge Long-Range Missile Alliance, Redrawing War Dynamics
Chancellor Friedrich Merz announced a €5 billion military aid package and joint weapons production with Ukraine during President
May 28, 2025
The Ukraine War: Escalation, Diplomacy, and Shifting U.S. Stances
In the past couple of days, the Russia-Ukraine war, now grinding into its fourth year, has surged with chilling intensity.
May 28, 2025
EU Trust Hits 18-Year High Amid Global Trade Shifts and Security Concerns
A European Commission Eurobarometer survey reveals 52% of Europeans now trust the EU, the highest level since 2007
May 28, 2025
Germany Overtakes Japan as World’s Top Creditor After 34-Year Reign
Japan’s Finance Ministry confirmed on Tuesday that the nation lost its 34-year status as the world’s largest creditor to Germany
May 27, 2025
Germany’s 2029 Countdown: Bundeswehr’s Rapid Mobilization and Europe’s Fracturing Peace
Germany, a nation that unleashed two world wars, stirs unease with a military revival launched by General Carsten Breuer’s
May 26, 2025
Chancellor Merz’s Gambit: Can Germany Lead NATO Without Losing Europe’s Trust?
Chancellor Friedrich Merz’s government faces mounting scrutiny over its sweeping military reforms, a response to NATO’s call.
May 26, 2025