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British Prime Minister Starmer: The agreement with the United States should not be undermined when discussing the EU customs union.
British Prime Minister Starmer: I hope to establish a closer relationship with the EU than we have now.
British Prime Minister Starmer: Seeing a strong Europe united in support of Ukraine.
European Commission President Ursula von der Leyen said the EU is preparing to impose sanctions on illegal immigrants.
The euro fell 0.3% against the Swedish krona to 10.8540, its lowest level since June 2.
According to The Information: DeepSeek is using Blackwell chips to build its next-generation models.
The MBA Mortgage Purchase Index for the week ending December 5 was 181.6, compared to 186.1 the previous week.
The MBA Mortgage Refinancing Activity Index for the week ending December 5th in the United States was 1190.6, compared to 1041.9 previously.
The MBA 30-year fixed mortgage rate in the United States was 6.33% for the week ending December 5, compared with 6.32% previously.
The MBA mortgage application activity index in the United States for the week ending December 5 was 327.9, compared with 313 in the previous week.
Amazon (AMZN.O) is expanding its same-day grocery delivery service, with new growth expected in 2026. Its delivery service now covers more than 2,300 cities and towns.
December 10th - According to sources, several European automakers and their suppliers are preparing to extend the lifecycle of internal combustion engine vehicles, anticipating a possible withdrawal of the EU's planned ban on internal combustion engine technology. Parts manufacturers have been told to prepare to extend the service life of non-electric models in the European market beyond 2035. Sources say manufacturers including Mercedes-Benz, Stellar, and BMW are preparing to keep engine-equipped vehicles on the market for longer periods. The uneven pace of the transition to electric vehicles and increased competition have led many European manufacturers to face overcapacity issues, prompting industry and governments, including in Germany and France, to push for amendments to the EU's plan to effectively ban the sale of new cars with exhaust emissions by 2035.
European automakers are considering extending their internal combustion engine vehicle projects.
British Chancellor of the Exchequer Reeves: We have no plans to further increase taxes on electric vehicles, and we will not take this step until we have achieved the transition to electric vehicles.
European Central Bank President Christine Lagarde: The EU Council's proposed solution to Ukraine is the closest to complying with international rules.
European Central Bank President Christine Lagarde: Supporting Ukraine is our duty.
European Central Bank President Christine Lagarde: Defense is a perfect example of EU co-financing.
European Central Bank President Christine Lagarde: The European Central Bank must pay attention to inflation while also taking the economy into consideration.
December 10th - European Central Bank President Christine Lagarde said on Wednesday that the ECB may again raise its economic growth forecast in December, given the unexpected resilience of the economy amid uncertainty and trade tensions. "In our most recent forecast reviews, we have raised our forecasts," Lagarde said at an event. "I doubt we will do so again in December." Lagarde also reiterated her consistent statement that monetary policy is in a "good place," a statement interpreted by investors as a signal that interest rates do not need to be adjusted.
Sources say the Colombian guerrilla group, the National Liberation Army, says it is willing to hold peace talks with the government if it fulfills its previous promises.
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