Archive
Every section, ordered by publication date. 360 stories in the archive.
Luxembourg has been selected as the European hub of a proposed multilateral defence bank led by Canada. The project has nine government backers but still requires ratification and capital commitments.
Luxembourg necessarily approved the EU’s unanimous 21st Russia-sanctions package, which omitted Vagit Alekperov. Its government has not explained its position, even as local firms administer €4.7 billion in frozen assets.
Oil prices fell sharply after the United States and Iran paused attacks, offering Luxembourg potential relief on fuel, inflation and financial markets. Hormuz shipping, however, remains restricted.
6M has unveiled a Luxembourg service platform for adding limited crypto exposure to UCITS funds. The initiative relies on a narrow CSSF route rather than allowing funds to hold cryptocurrencies directly.
Donald Trump has threatened tariffs after the EU fined Google under the Digital Markets Act. Luxembourg's direct US trade is limited, but its open economy and financial centre remain exposed to a wider dispute.
Luxembourg’s fund industry faces a selective shortage of compliance, risk, oversight and data specialists. Housing costs and eroded industry knowledge make the problem harder to solve.
The EU has formally adopted its 21st sanctions package against Russia, widening financial, crypto, energy and trade restrictions. Luxembourg firms must now reassess clients, ownership structures and transactions.
Luxembourg’s CSSF will not continue its temporary approval role for Israel’s retail bond programme after 31 August. Ireland nevertheless remains central to any new sub-€1,000 prospectus.
Brent crude has settled above $100 again as attacks threaten two Middle Eastern shipping routes. Luxembourg’s import dependence makes fuel, heating, inflation and interest rates especially sensitive to a prolonged disruption.
A Russian court sentenced former Luxair employee Mikhail Lochtchinine to 16 years for high treason over an alleged payment to a Ukrainian former partner. He disputes the evidence, alleges mistreatment and faces worsening problems with his sight.
Skyroot’s Vikram-1 reached a 450-kilometre orbit on its maiden flight, becoming India’s first privately developed rocket to place payloads in orbit. The test advances India’s commercial-space ambitions but does not yet prove a routine launch business.
The World Bank has retired two group-wide climate-finance allocation targets after pressure from Washington. Climate reporting, outcome metrics, Paris-alignment screens and a separate IDA commitment remain.
Three days of protests over Mykhailo Fedorov’s dismissal have pushed President Volodymyr Zelenskyy to promise decisions concerning Ukraine’s army. The dispute joins battlefield pressures to a broader argument over wartime accountability.
Xi Jinping has given China’s campaign to shape global AI governance a new institution and an explicitly geopolitical purpose. Beijing’s open-access pitch is strengthened by competitive models but weakened by domestic censorship and reliance on restricted chip technology.
An Iranian military adviser has threatened a broader offensive if US attacks continue. The warning comes amid direct strikes, a reported US tanker deployment and faltering diplomacy.
The Commission's proposed EU carbon-market reform gives industry more time and support to decarbonise while slowing the emissions cap. Luxembourg's transport emissions and financial portfolios leave it unusually exposed to the outcome.
Luxembourg supports a stronger, data-driven Europol capable of connecting cross-border investigations. The Commission’s proposed safeguards and separate judicial reforms now face scrutiny by EU lawmakers.
The EU has specified how Google must share anonymised search data with eligible rival search engines and search-enabled AI services from January 2027. The measure will also apply in Luxembourg.
Luxembourg has not lost its ability to attract international expertise, but new evidence shows that housing costs, labour-market churn and administrative friction threaten retention.
Iranian media reported that US strikes hit bridges, rail and airport infrastructure, while CENTCOM said it targeted military capabilities. Retaliatory attacks are pulling Gulf states deeper into the crisis.
Taiwanese lawmakers have advanced a bill allowing case-by-case waivers from foreign-ownership rules for satellite networks. The debate pits communications redundancy against dependence on a powerful private operator.
The India–UK trade agreement took effect on 15 July 2026, delivering immediate tariff relief but leaving quotas, regulatory barriers and limited services liberalisation.
The United States will impose an additional 25% tariff on a broad range of Brazilian imports from July 22. Brazil is activating its reciprocity law as the action tests Washington’s post-court trade strategy.
Two Luxembourg-regulated payment companies have been selected for the ECB’s digital-euro pilot. Their role is to test distribution and acceptance, while EU lawmakers and the ECB retain decision-making authority.