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French political uncertainty and China trade row cast shadow over Europe

French political uncertainty and China trade row cast shadow over Europe

Political uncertainty in France and an EU trade dispute with China are casting a shadow over European corporate earnings, investors say, despite forecasts pointing to better corporate results. According to LSEG I/B/E/S equity research, second-quarter earnings for companies in the pan-European STOXX 600 index are expected to rise by 2%, with revenues up 1.7%. This would be the first quarter of growth since early 2023. Investors had been optimistic about Europe's stock markets as the European Central Bank adopted a looser policy and the economic outlook improved. However, French President Emmanuel Macron's unexpected decision to call a general election has raised doubts.

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Editor's choice
Opinion
Opinion: Safe passage for Ukrainian grain exports through the Black Sea is a humanitarian necessity

Opinion: Safe passage for Ukrainian grain exports through the Black Sea is a humanitarian necessity

Disruption of Ukrainian grain exports is causing a global humanitarian food crisis. Measures need to be taken to create a humanitarian task force to ensure safe passage for export of Ukrainian grain to the rest of the world through the Black Sea and the Turkish Straits, argues Maximiliaan van Lange in this op-ed for commonspace.eu. Russia's blackmailing of the world with global hunger and food shortages among the world's poorest people must also be severely condemned by the international community. The current circumstances, in many ways, resemble the Holodomor, the Stalin-created famine in Ukraine in 1932-1933, that killed millions. The fact that Moscow is using grain as a weapon again in the twenty-first century is despicable and abhorrent. Global cooperation is therefore necessary to resolve this crisis, beginning with an internationally agreed humanitarian escort mission in the Black Sea, otherwise the consequences will be unforeseen.
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Enchanting but distant Tajikistan says it is ready for increased co-operation with Europe

Enchanting but distant Tajikistan says it is ready for increased co-operation with Europe

At a recent promotion forum in Brussels senior Tajik officials emphasised that their country was business friendly and tourist welcoming. Young and eager Tajik entrepreneurs also highlighted that both country and society were ready for qualitative step-change in relations with Europe. On its part the EU has signalled it is ready to increase co-operation with the strategically located country, including through enhanced partnership agreements.
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Opinion
Opinion: A resumption of the Iran nuclear deal is also good for Armenia

Opinion: A resumption of the Iran nuclear deal is also good for Armenia

Reports from Vienna suggest that Iran and the world powers are close to agreeing on restoring the Iran Nuclear Deal. For a moment it appeared that the negotiations were going to get entangled in the current Ukraine crisis, but it appears that Iran has dissuaded Russia from doing so. In this op-ed for commonspace.eu Benyamin Poghosyan says a deal would be good for neighbouring countries like Armenia who are keen to exploit trade opportunities with Iran.