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Tariff fears loom large at Milken as executives try to stay calm

By Davide Barbuscia and Svea Herbst-Bayliss BEVERLY HILLS (Reuters) -Wall Street chief executives and dealmakers sought to strike a calm tone at a high-profile investor gathering in Beverly Hills on Monday, despite fears of an economic slowdown as U.S. President Donald Trump’s trade policies cast a long shadow. Investment managers and bankers at the Milken …

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Europe space agency studying NASA budget cuts, mulls alternatives

By Tim Hepher PARIS (Reuters) -The European Space Agency said on Monday it was studying the impact of U.S. budget proposals that include cuts to NASA moon programmes in which it has a role, and said it remained open to cooperation with the U.S. space agency. Ministers from ESA’s governing council will discuss “potential actions …

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Romania PM resigns after far-right wins first-round of president vote

By Luiza Ilie and Elizaveta Gladun BUCHAREST (Reuters) – Romanian Prime Minister Marcel Ciolacu resigned on Monday, a day after a far-right opposition leader won the first round of the presidential election re-run and his own candidate crashed out of the race. Ciolacu said his centre-left Social Democrats would withdraw from the pro-Western coalition – …

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EU’s Ribera urges against hasty conclusions on Iberia blackout

BARCELONA (Reuters) -Europe will draw lessons from last week’s blackout in Spain and Portugal on the need for power storage and investment in grids, European Commission Vice President Teresa Ribera said on Monday, while advising against hasty conclusions on its cause. The blackout raised questions over the challenges power grids face from the growth of …

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Europe pledges half a billion euros to lure scientists as Trump battles universities

By Elizabeth Pineau and Dominique Vidalon PARIS (Reuters) -The European Union and France on Monday announced half a billion euros worth of incentives to lure scientists to the continent, seeking to profit from U.S. President Donald Trump’s federal funding cuts and clashes with top U.S. universities. “We call on researchers worldwide to unite and join …

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Allies seek deal on more Patriots for Kyiv before NATO summit, source says

By Sabine Siebold BERLIN (Reuters) – Ukraine’s Western allies are in discussions about supplying additional Patriot air defence systems to Kyiv and aim to reach an agreement before a NATO summit at the end of June, a source familiar with the matter said on Monday. Ukraine is increasingly desperate to get more Patriots, with President …

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Romania braces for wave of disinformation ahead of election second round

By Elizaveta Gladun, Małgorzata Wojtunik, Luiza Ilie and Krisztina Fenyo BUCHAREST (Reuters) -Romania faces a wave of online disinformation ahead of a presidential election runoff this month in which the hard-right looks poised for victory, election observers and analysts say. Hard-right eurosceptic George Simion secured 41% of the vote in Sunday’s first round, just five …

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New York cardinal says Trump AI pope image ‘wasn’t good’

By Philip Pullella ROME -U.S. Cardinal Timothy Dolan said on Sunday that President Donald Trump’s posting of an AI-generated photo showing himself as the pope “wasn’t good” but declined to say whether the White House should apologise to offended Catholics. Dolan, the archbishop of New York, was asked about the post on the sidelines of …

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