Author: Pedro Goncalves

BRUSSELS/WASHINGTON/BERLIN, August 1 (Reuters) -European governments are taking steps to break their dependence on critical scientific data the United States historically made freely available to the world, and are ramping up their own data collection systems to monitor climate change and weather extremes, according to Reuters interviews. The effort – which has not been previously reported – marks the most concrete response from the European Union and other European governments so far to the U.S. government’s retreat from scientific research under President Donald Trump’s administration. Since his return to the White House, Trump has initiated sweeping budget cuts to the…

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European nations are working to reduce reliance on US scientific data. This follows US budget cuts impacting climate and weather research. Concerns rise over planning for extreme weather and infrastructure. The EU plans to expand its data networks. They aim to mirror US services. Focus is on ocean observation data. This supports shipping, energy, and storm warnings.Read More

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As Europe navigates the complexities of ongoing trade negotiations with the U.S. and a cautiously optimistic economic landscape, regional markets like the STOXX Europe 600 have seen modest gains, buoyed by hopes for a favorable trade deal and steady monetary policies from the European Central Bank. In this environment, identifying promising small-cap stocks can be particularly rewarding as these companies often benefit from localized growth trends and resilience in diverse sectors.Read More

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