Police detain Federica Mogherini in EU fraud probe

A $1.44 billion dividend reserve has raised concerns among shareholders of the bitcoin treasury company, as the cryptocurrency market faces significant volatility and declining values. This situation highlights the precarious nature of investments in digital assets, particularly as bitcoin's value has recently fallen below critical thresholds.

Eurozone inflation unexpectedly rose to 2.2% in November, surpassing previous estimates and indicating persistent price pressures in the region. This increase comes as the European Central Bank (ECB) prepares for its upcoming meeting, where it is widely anticipated to maintain current interest rates due to the inflationary environment.

The OECD has indicated that major central banks in leading economies are unlikely to implement further rate cuts in the coming year, signaling a shift in monetary policy as economic conditions evolve. This forecast reflects the organization's assessment of the current economic landscape and the limitations faced by central banks in stimulating growth through lower interest rates.

Apple is facing potential class action lawsuits in the European Union over its App Store fees, which have drawn criticism for being excessively high. This legal challenge reflects ongoing tensions between tech companies and regulators regarding fair pricing practices in digital marketplaces.

The European Union (EU) is making incremental efforts to encourage savers to move away from cash, reflecting a broader strategy to stimulate investment and economic activity. This initiative comes amid a backdrop of stable growth and inflation in the Eurozone, which has tempered expectations for interest rate cuts, thereby influencing savings behavior.

The European Union (EU) is preparing to announce a plan aimed at reducing its dependency on raw materials sourced from China, reflecting increasing concerns over reliance on Chinese imports. This initiative is expected to address the bloc's vulnerabilities in supply chains amid rising geopolitical tensions.

Swiss voters have decisively rejected a proposed 50% inheritance tax aimed at the super-rich, with estimates indicating that 79% voted against the measure in a recent referendum. This outcome reflects a strong opposition to wealth redistribution policies among the electorate.

The European Union is exploring the possibility of utilizing frozen Russian assets to provide significant financial support to Ukraine, potentially overcoming a Belgian block that has hindered progress. This move comes amid ongoing discussions about a proposed €140 billion EU loan to aid Kyiv in its financial needs.