Europe’s Massive Spending Plans Get a Boost as ECB Makes Credit Cheaper
The European Central Bank (ECB) has lowered its deposit rate to 2.5% marking the sixth rate cut since June 2024....
March 6, 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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European Leaders Rally to Fortify Defense as U.S. Pivots Toward Peace with Russia
European Union leaders convened in Brussels on March 6, 2025, for a high-stakes summit to strengthen defense spending and reaffirm...
March 6, 2025
Euro Hits Long-Unseen Highs as Geopolitical Shifts Pressure the Dollar
The euro surged to a high of 1.0817 against the dollar this morning, March 6, 2025, continuing a rally that...
March 6, 2025
Germany to Overhaul Fiscal Rules, Unleashing Billions for Defense and Infrastructure
Friedrich Merz, Germany's incoming chancellor, announced a historic fiscal reform that will exempt defense spending above 1% of GDP from...
March 5, 2025
Portugal’s Prime Minister Faces Confidence Vote Amid Scandal
Portugal’s Prime Minister Luís Montenegro announced on Wednesday that he will submit his year-old minority government. Analysis from The Rio...
March 5, 2025
U.S. Pauses Intelligence Sharing with Ukraine as Trump Pressures Zelensky for Peace
The CIA Director announced that the United States has paused intelligence sharing with Ukraine, a move directly tied to President...
March 5, 2025
U.K. Turning Away From Its Heritage: Protecting Islam, Restricting Christians, and Threatening Free Speech
The United Kingdom is facing growing scrutiny over its approach to religious freedom and free speech. While the government pushes...
March 5, 2025
Germany’s Dilemma: Can Europe Survive Without America’s Security Guarantee?
(Analysis) Germany and Europe at large face a moment of reckoning as the United States signals its retreat from traditional...
March 5, 2025
Zelensky Extends Olive Branch to Trump, Proposes Partial Truce with Russia
Ukrainian President Volodymyr Zelensky has offered a partial truce to Russia and expressed willingness to mend relations with U.S. President...
March 4, 2025