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Trump says he is reducing 50 day deadline for Russia deadline Jul 28, 2025 08:08AM

TURNBERRY, Scotland (Reuters) -U.S. President Donald Trump on Monday said he was reducing the 50 day deadline he gave Russia over its war in Ukraine, saying he was disappointed in Russian President Vladimir Putin.

"I'm disappointed in President Putin," he said, speaking alongside British Prime Minister Keir Starmer ahead of their meeting in Scotland. "I'm going to reduce that 50 days that I gave him to a lesser number."

He did not give a... (continue reading...)


Romania expects small growth hit from new US trade deal Jul 28, 2025 08:07AM

By Luiza Ilie and Jason Hovet

BUCHAREST/PRAGUE (Reuters) -Romania said on Monday a 15% U.S. import tariff on European goods would mean a small hit to central Europe's second-largest economy, while export-reliant Slovakia hailed the U.S. trade deal as a "good result".

Sunday's framework trade agreement between the United States and the European Union staved off the threat of a trade war, which has loomed over the region's economies, among the... (continue reading...)


German government to approve 2026 budget with record investment, sources say Jul 28, 2025 08:05AM

By Maria Martinez

BERLIN (Reuters) -The German government will on Wednesday back a 2026 draft budget which includes record investment of 126.7 billion euros ($147.57 billion), as part of its fiscal bazooka for infrastructure and defence, finance ministry sources said.

The 2026 budget comes together with a medium-term financial framework until 2029, with the whole package expected to be approved by the cabinet on Wednesday.

The... (continue reading...)


Trump says EU to give more aid, will ask UK to help Jul 28, 2025 07:59AM

TURNBERRY, Scotland (Reuters) -U.S. President Donald Trump on Monday said the European Union was going to send more aid to help Gaza and that he planned to ask British Prime Minister Keith Starmer to help.

Trump, speaking alongside Starmer in Scotland, also said he had talked to Israeli officials and told them they may need to do things a different way.

(Reporting by Andrea Shalal; writing by Susan Heavey)


No Treasury auction size increases seen at US refunding Jul 28, 2025 07:48AM

By Gertrude Chavez-Dreyfuss

NEW YORK (Reuters) -The U.S. Treasury is widely expected to maintain current auction sizes for notes and bonds when it announces financing plans this week, and will likely keep them steady for some time, forgoing issuing longer-dated debt to cover the government's fiscal shortfall.

Investors will be looking for guidance as to how long the Treasury can hold off not raising the size of the debt auctions used to fund... (continue reading...)


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