Economics

25m children receive Trump accounts

Michael and Susan Dell donated $6.25 billion to seed tax-deferred "Trump accounts," providing about $250 each into investment accounts for roughly 25 million American children under 10.

25m children receive Trump accounts
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ECB blocks loan for Ukraine

The European Central Bank refused to back an EU plan to lend to Ukraine using frozen Russian assets as collateral, forcing Brussels to seek legal or state‑guarantee alternatives.

ECB blocks loan for Ukraine
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Eric Trump Bitcoin company plunges

American Bitcoin Corp., the company controlled by Eric Trump, plunged about 40%–50% in U.S. trading on Tuesday, losing nearly half its value within 30 minutes amid a crypto selloff.

Eric Trump Bitcoin company plunges
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Spain renouncing loans risks reforms

Spain asked the European Commission in Brussels to renounce 75% of its loans from the EU recovery fund, citing cheaper market financing, a move critics said could jeopardize planned reforms.

Spain renouncing loans risks reforms
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Norway secures budget, averting crisis

Norway's minority Labour-led government reached overnight agreement with the four red-green parties on next year's state budget, averting a government crisis, Prime Minister Jonas Gahr Støre said.

Norway secures budget, averting crisis
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Trump postpones Fed chair pick

President Trump canceled interviews with finalists for the Federal Reserve chair, said he would nominate a candidate in early 2026, and touted adviser Kevin Hassett as a potential pick.

Trump postpones Fed chair pick
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Macron presses China on trade

French President Emmanuel Macron began a state visit to China from Dec. 3–5 to press Beijing for fairer trade terms and to raise concerns about its support for Russia in Ukraine.

Macron presses China on trade
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Aursnes Tops Norway's Athlete Earnings

Aursnes topped Norway's 2024 tax list for athletes, making him the country's highest-earning sports figure that year ahead of other top stars, Aftenposten reported.

Aursnes Tops Norway's Athlete Earnings
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INPS launches youth startup grants

INPS opened an online application procedure in Italy for the "Bonus giovani," granting support to under-35 entrepreneurs and requiring applicants to apply within 30 days of starting activity.

INPS launches youth startup grants
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Outpatient shift erases funding gap

German hospitals faced an annual funding shortfall of about €10 billion, while analysts said expanding outpatient treatments could free roughly €12 billion and ease mounting strains.

Outpatient shift erases funding gap
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