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Scientists warn Trump plan to axe US ocean monitoring system will leave world ‘flying blind’
Experts say dismantling the ocean observation system will ‘severely degrade’ the accuracy of weather predictionsThe Trump administration’s plan to dismantle an ocean observation system vital to understanding the climate crisis and marine ecosystems would “severely degrade” the accuracy of weather predictions and El Niño forecasts, with economic consequences for the US, European and American scientists have warned. Decommissioning the US system, which plays a major part in a global ocean...
Scientists warn Trump plan to axe US ocean monitoring system will leave world ‘flying blind’
Experts say dismantling the ocean observation system will ‘severely degrade’ the accuracy of weather predictionsThe Trump administration’s plan to dismantle an ocean observation system vital to understanding the climate crisis and marine ecosystems would “severely degrade” the accuracy of weather predictions and El Niño forecasts, with economic consequences for the US, European and American scientists have warned. Decommissioning the US system, which plays a major part in a global ocean...
Scientists warn Trump plan to axe US ocean monitoring system will leave world ‘flying blind’
Experts say dismantling the ocean observation system will ‘severely degrade’ the accuracy of weather predictionsThe Trump administration’s plan to dismantle an ocean observation system vital to understanding the climate crisis and marine ecosystems would “severely degrade” the accuracy of weather predictions and El Niño forecasts, with economic consequences for the US, European and American scientists have warned. Decommissioning the US system, which plays a major part in a global ocean...
EBRD lowers growth forecast as Iran war energy shock continues to hit economies
Economic growth across the European Bank for Reconstruction and Development's regions is expected to slow more sharply than previously forecast this year, largely due to higher inflation linked to the Iran war, which has pushed up energy prices. Inflation across the bank's regions rose to 6.4%. The European Bank for Reconstruction and Development (EBRD), which invests across emerging economies spanning central and eastern Europe, Central Asia, the Middle East and North Africa, has lowered...
Up to 1.3 million EU jobs at risk due to war in the Middle East
The European Commission has raised the alarm over the economic impact of the conflict, warning that energy-intensive industries face the greatest risk of job losses. Up to 1.3 million jobs across the EU are at risk because of the ongoing war in the Middle East, European Commissioner for jobs Roxana Mînzatu said on Wednesday. The warning came during the presentation of the 2026 Spring Semester Package, a bi-annual publication by the EU executive that provides guidance to the 27 member states...
Germany: growth halves as state drives investment
The energy shock is further slowing economic growth and fuelling prices. The DIW institute has halved its growth forecast. Fiscal expansion may soften inflation but cannot fully offset it.
OECD cuts 2026 global growth forecast and warns of recession risk if Iran war persists
The war in the Middle East has dented economic growth prospects worldwide, with a more severe shock likely if no effective ceasefire is agreed before 2027, the OECD warned Wednesday. The OECD has downgraded its global growth outlook, warning that rising energy prices, geopolitical tensions and persistent inflation are weighing on the world economy and could push several countries into recession if disruptions continue. In its quarterly update, the organisation, which represents 38...
Lagarde defends ECB interest rate hike as ‘robust across three scenarios’
Critics worry the decision to keep rates high could hit productivity and keep inflation from returning to target levels until 2027. European Central Bank (ECB) President Christine Lagarde has defended a decision to increase interest rates, saying it is "robust across three different scenarios".
ECB, BoE weigh ‘two possible mistakes’ as Iran war bites
European Central Bank President Christine Lagarde and Bank of England Governor Andrew Bailey will spend the summer trying to shake off the ghosts of their past inflation mistakes as they move to combat spiraling prices. Europe’s most powerful economic officials face a haunting dilemma: how to respond to the Iran war without repeating the errors that followed the Covid pandemic and Russia’s invasion of Ukraine. Their decisions will shape the continent’s economic future for years to come — and...
Germany news: Naturalizations reach record high in 2025
Naturalizations reach record high in 2025 Published June 3, 2026last updated June 3, 2026What you need to know - Germany saw a jump in naturalizations in 2025, new data show - Slightly less pessimism about the future of the German auto industry - Germany campaigns in New York for UN Security Council seat Keep reading for more news and analysis out of Germany on Wednesday, June 3, 2026: Tired of missing our real-time updates? Click here to add us as a Preferred Source on Google.