What's happening in Europe?
Switzerland
The NZZ front page features a mix of international business and political news, with a significant focus on the Venezuelan oil magnate Alejandro Betancourt and gold reserves held by central banks. Domestic Swiss news includes a story about a trial involving the 'Junge Tat' group and a piece on the…
Alejandro Betancourt, a figure from Venezuela's elite allegedly involved in money laundering, is now making major oil deals for Donald Trump, raising questions about how he achieved this pivot despite past scrutiny from Zurich prosecutors.
The Netherlands is repatriating 78 tons of gold from New York, highlighting a global trend of central banks seeking independence from the US and the dollar, a situation with different implications for Switzerland.
Europe's largest automaker, Volkswagen, faces ongoing challenges with overcapacity, as its supervisory board delays crucial decisions regarding potential job cuts, leaving workers in uncertain positions.
A planned supervisory board meeting for Volkswagen on Friday has been cancelled, indicating ongoing developments or a delay in reaching definitive decisions regarding the company's restructuring plans.
In a surprising turn of events, Volkswagen's supervisory board has unanimously agreed to the management's plan, potentially resolving some of the recent labor and restructuring disputes within the company.
Italian Prime Minister Giorgia Meloni has become the longest-serving leader since WWII, an achievement that a historian compares to Angela Merkel. The interview explores the stability of her government and its potential longevity.
Two breakthroughs in materials science, liquid metal and ultra-thin glass, are making foldable phones possible, fueling rumors that Apple may release a foldable iPhone as early as this month.
Six members of the far-right group 'Junge Tat' are on trial for racist and homophobic actions, but are reportedly using the court proceedings for propaganda, presenting themselves as victims in a political framing battle.
