Rising food costs offset falling energy prices in July, bolstering case for ECB rate cut pause. Inflation in the eurozone stayed stable in July, as rising food prices offset declining energy costs — a development likely to reinforce calls for the European Central Bank to keep interest rates on hold….

All of Europe’s carmakers have reported losing millions in profit because of the tariffs, and say they’re not hopeful of getting carveouts for the sector. BRUSSELS — German automakers had hoped that months of lobbying pressure would give them extra carveouts in the EU-U.S. trade deal, but they’re now reversing…

How can Western analysts forecast what Russian president Vladimir Putin intends to do with the Baltic states? Since the early 2000s, Russia has increasingly acted and been perceived as an aggressive and revisionist force on the global stage. The Kremlin’s military intervention in Georgia in 2008, the annexation of Crimea…

Backroom deals, embassy contacts and brown liquor built a booming export trade. Now, the lobbyist who saw it all says the U.S. president’s dalliances with Vladimir Putin are an incoming “asteroid” for the industry. Alliances sometimes begin by accident. Sometimes they end that way, too. Especially when Donald Trump is involved….

Trump accused of ‘attack on Brazilian democracy’ for sanctioning Bolsonaro judge while slapping a 50% levy on the country – key US politics stories from Wednesday 30 July. Donald Trump’s administration has imposed sanctions against the judge overseeing the prosecution of his far-right ally Jair Bolsonaro and hit Brazil with…