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April 30, 2025 – Donald Trump presidency news

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After tumbling in the morning, US stocks pushed into the green to close out the day following the release of an economic report from the Commerce Department, which revealed that the US economy contracted in the first quarter.

The S&P 500 and Dow notched a seven-day winning streak, their best continuous rally this year. However, the indexes closed out April in the red as the stock market has been trying to recover from a steep slump caused by President Donald Trump’s tariffs.

The Gross Domestic Product (GDP) registered at an annualized rate of -0.3%, the department reported. This marks a sharp slowdown from the 2.4% growth rate in the fourth quarter and is well below economists’ expectations of a 0.8% increase.

In response, Trump defended his administration’s economic record, blaming former President Joe Biden for the current challenges. “I’m not taking credit or discredit for the stock market, I’m just saying that we inherited a mess,” he said.

If you’re just joining us, here’s a recap of today’s key economic news:

Republicans and Democrats react: Republican senators voiced concern over the latest economic data but said they remain hopeful that Trump’s expansive legislative agenda — including tax cuts — will pass this summer, potentially steering the economy back on track. Republicans echoed Trump’s comments and blamed Biden for the current state of the economy. Meanwhile, Democratic Sen. Peter Welch said, “The person who is president of the United States bears the burden of what the economy is doing, or the benefit of what it’s doing.”

Trump adviser spins: Peter Navarro, special counselor to the president, attempted to spin the GDP report as “very positive news” for Americans, touting how tariffs are driving a “tremendous amount” of domestic investment. “This was the best negative print, as they say in the trade, for GDP I have ever seen in my life. It really should be very positive news for America,” Navarro said.

Inflation cooled: In other economic news, inflation slowed sharply in March, moving closer to the Federal Reserve’s 2% target, while consumer spending continued to fuel the economy. Read more.

Too soon to call recession: While the latest GDP report indicates a significant slowdown, it doesn’t necessarily signal that the US is in a recession — at least not yet. CNN’s Matt Egan explains why this contraction doesn’t automatically equate to a recession.

CNN’s Maureen Chowdhury, Donald Judd, Morgan Rimmer, Alison Main, Manu Raju, Casey Riddle, Kit Maher, Alicia Wallace, Bryan Mena and Matt Eagan contributed to this reporting.

This post was updated with details on the US stock market performance for today and the month of April.



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The EU is ‘making progress’ toward a €50 billion trade deal with the US, trade commissioner tells FT

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New York
CNN
 — 

Maroš Šefčovič, the European Union’s trade commissioner, said in an interview with the Financial Times Thursday that the bloc is making “certain progress” toward a trade deal with the United States, which would involve buying €50 billion more of US products.

This deal would address the “problem” in the two superpowers’ trade relationship, he said.

But Financial Times reported that Šefčovič suggested the Trump administration would need to abandon its 10% across-the-board tariffs on European goods as a precursor to any trade arrangement.

Last month, President Donald Trump put in place 10% universal tariffs on virtually all goods coming into the United States and enacted – then delayed – even more aggressive “reciprocal” tariffs of up to 50% on certain countries. The 10% tariff on all trading partners, including the European Union, remain in place.

Šefčovič told the Financial Times he spoke with US trade representative Jamieson Greer and commerce secretary Howard Lutnick on closing the United States’ trade deficit with Europe by buying more liquefied natural gas (LNG) and agriculture.

“If what we are looking at as a problem in the deficit is €50 billion, I believe that we can really . . . solve this problem very quickly through LNG purchases, through some agricultural products like soyabeans, or other areas,” Sefcovic said to FT.

However, he added it would be “very difficult” to reach an acceptable deal for EU member states and parliament.

Trade between the EU and United States has been fraught since the Trump administration briefly placed a 20% reciprocal tariff on all goods from the bloc on April 2, which Trump refers to as “Liberation Day.” Shortly after, he paused those tariffs for 90 days.

The EU then announced its own 90-day pause on countermeasures against the United States. “We want to give negotiations a chance,” European Commission President Ursula von der Leyen said at the time.

The bloc had announced those retaliatory tariffs in response to steel and aluminum tariffs announced by Trump in March.

The whipsaw turns have left markets, governments and consumers alike confused and worried about what’s next.

Trump had repeated false claims about the EU, saying it was “formed for the purpose of taking advantage of the United States.”

CNN’s Christian Edwards, Thom Poole and James Frater contributed to this report.

This is a developing story. It will be updated.



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Try the simple, Catalan stew that Eva Longoria describes as an ‘explosion of flavors’

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CNN
 — 

Sometimes, the simplest dishes are the most satisfying.

Suquet, a traditional Catalan seafood stew, is that kind of dish.

Its origins are humble — fishermen on the crystal clear waters of Catalonia’s Costa Brava historically prepared it on their boats with the catch of the day, making for a quick and easy meal to fuel a hard day’s work.

Fishermen still make suquet on their boats today. Over the years, as Spanish cuisine underwent a gastronomic revolution, the dish has also come to embody a tension at the heart of Catalonia’s distinct culture: between el seny, the practical, and la rouxa, the innovative.

The acclaimed chef Ferran Adrià transformed the humble suquet into a gourmet experience at El Bulli, the avant-garde Catalan restaurant that was voted the world’s best a record five times and where Adrià served as head chef.

Renowned chef Ferran Adrià turned suquet into a gourmet meal at the restaurant El Bulli. On

Suquet was the first dish that Adrià learned to cook professionally, infusing traditional ingredients and methods with the creative spirit of modern Catalan gastronomy. The version he served at El Bulli until it closed in 2011 was made with red prawns, potato balls and seawater from the neighboring Cala Montjoi.

But in the first episode of the CNN series “Eva Longoria: Searching For Spain,” Adrià returns to suquet’s roots and prepares the stew on a boat, with his signature elevated twist.

“That particular dish is so simple, but when you’re eating it, you’re like, ‘What’s happening in my mouth?’” Eva Longoria tells CNN. “It’s an explosion of flavors.”

What makes suquet stand out, Longoria adds, is the quality of the ingredients.

Even if you don’t have the saltwater and fresh fish of the Mediterranean Sea at your fingertips, you can still give Adrià’s adaptation a whirl at home. Just use the freshest seafood and produce you can find and maybe get a little creative — in the true Catalan way.

This recipe is courtesy of Ferran Adrià.

Makes 4 servings

For the shrimp, essence and broth

28 shrimp (2.5 ounces each)

Olive oil

For the potatoes

24 small potatoes

For the aioli

3 cloves of garlic

Salt

150 grams olive oil (5.3 ounces)

For the suquet

24 turned potatoes (from previous preparation)

20 grams aioli (0.75 ounces)

150 grams shrimp broth (5.3 ounces)

shrimp essence

4 cloves of garlic

20 grams chopped parsley (0.8 ounces)

1 ripe tomato, around 65 g (2.3 ounces)

5 grams sweet paprika (0.2 ounces)

100 grams saltwater (about 2/5 of a cup)

60 grams butter (about 1/4 cup)

50 grams liquid cream, 35% m.g. (1.8 ounces)

50 grams olive oil (1.8 ounces)

Salt

For finishing

24 sprigs of fresh parsley

Olive oil

Salt

For the shrimp

Separate the heads from the shrimp tails.

Peel the tails and remove the intestines from each tail.

Using a sharp awl, make a 2 cm long incision in the widest part of the tail.

For the shrimp essence

Sauté the shrimp heads in a hot pan with a little oil.

Press the heads one by one to extract all the juice.

Strain the juice through a strainer and store in the refrigerator.

Save the heads to use for the broth.

For the shrimp broth

Put the heads in a saucepan and cover with water.

Bring to a boil and boil for 10 minutes.

Strain and save the broth.

For the potatoes

Peel the potatoes.

With the help of a sharp awl, turn the potatoes until they are as round as possible.

Store covered with water at room temperature.

For the aioli

Place the peeled garlic cloves in a mortar and pestle and pound to a fine puree.

Add a little salt.

Combine with the mortar and pestle and add the oil in a thin stream. (The consistency should be similar to mayonnaise.)

For the suquet

Peel the garlic and cut into 0.2 cm brunoise slices (tiny cubes).

Make two superficial cross-shaped incisions on the bottom of the tomato.

Using a skewer, remove the base of the tomato stem.

Immerse in boiling water for 15 seconds.

Remove with a skewer and cool in water and ice.

Peel, quarter and remove the seeds.

Cut the tomato into 0.3 cm brunoise slices.

Whip the cream.

Sauté the potatoes in a hot frying pan with olive oil for 15 minutes. Do not let them brown.

Add the chopped garlic, brown lightly and add the tomato and parsley.

Brown for 1 minute and add the paprika.

Moisten the potatoes with the sea water and the shrimp broth.

Bring to a boil, and when the potatoes are cooked, remove from heat.

Add the butter, 30 grams (a quarter cup) of whipped cream, the shrimp essence and the aioli.

To serve

In a hot frying pan with a little oil, cook the shrimp with salt.

Place 7 suquet potatoes and 7 shrimp each in four bowls.

Ladle the suquet broth into each bowl and grill lightly over a grill pan.

Finish each dish with 6 sprigs of fresh parsley.



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This Norwegian soccer team, representing a town of 55,000 people inside the Arctic Circle, has Champions League aspirations

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CNN
 — 

In the small Norwegian town of Bodø, located just inside the Arctic Circle, the days can be short and the winters bitterly cold. It’s hardly the type of place you’d expect to find an elite soccer team, especially when shovels are sometimes needed to clear fresh layers of snowfall from the local pitches.

A certain kind of fortitude and tenacity is needed to withstand the howling winds and freezing temperatures which batter the town for many months of the year, but Bodø/Glimt is no ordinary team and its proud army of supporters is no ordinary fanbase.

Having recently won a fourth Norwegian league title in five years, Bodø/Glimt is now used to rubbing shoulders with Europe’s soccer elite. On Thursday, the club will travel to Tottenham Hotspur Stadium – a stadium with a capacity of 62,850, almost 10,000 more than the entire population of Bodø – to face Spurs in the first leg of their UEFA Europa League semifinal.

“Luckily for us players, we are quite used to it now. We’ve been through a lot of difficult games in big, big stadiums. So we are quite used to it, but for the city and for everyone else, I think it’s a bit shocking,” winger Jens Petter Hauge told CNN Sports ahead of the match against Tottenham.

Earlier this month, underdog Bodø/Glimt became the first Norwegian team to reach the semifinals of a European competition after besting Lazio on penalties in the return leg in Rome.

Now, the town and its fans are gearing up for Bodø’s next showdown.

“It was chaos. With the tickets for the match, we only had a few hundred to sell, and it was a lot of people trying to get the tickets. And it’s all people speak about now in the city. And if you go for a coffee or go to the shop, everyone wants to speak about this match,” Hauge added.

“It means everything for this club and the players who are here. We really want to show that we can compete on the biggest stage against the best clubs in the world,” he added.

It’s perhaps fortunate for Spurs that the second leg match in Bodø is taking place in May; in the winter months, teams visiting the Arctic Circle can face unique and unforgiving conditions.

“For us, we train in it a lot, so we’re kind of used to it compared to maybe those who come from warmer places in January,” midfielder Håkon Evjen told CNN earlier this year,

Evjen, currently in his second stint at the club, can count among his recent career highlights a wonderful, edge-of-the-area strike into the top corner to equalize against Manchester United at Old Trafford in November.

Even more remarkable than that goal was the fact that Bodø/Glimt was cheered on by more than 6,500 fans at the game, around 12% of Bodø’s 55,000 inhabitants. If ever there was a sign of how one town had become so devoted to its soccer club, then this was it.

“We have so much support and the entire town is now almost a football town,” said Evjen. “It’s beautiful to see how football can change the city and how people look at it. To play here now, it’s so much bigger than how it was a few years ago.”

Evjen scores against Manchester United in the Europa League.

Bodø/Glimt – “glimt” means “flash” and the team accordingly plays in all yellow – used to bounce between the top four divisions of Norwegian football. Success is only a recent phenomenon in the club’s 108-year history.

Under manager Kjetil Knutsen, the team has reaped the rewards of disciplined training sessions, a new, high-pressing style of play, and a clever recruitment strategy, blossoming into Norway’s most decorated side across the past five years.

Saltnes, who arrived at Bodø/Glimt more than a decade ago, said that the club now feels “worlds apart” compared to where it was when he joined. “I will almost rank it as semi-professional when I came through, whereas now it’s a top, top professional level,” he added.

When Bodø/Glimt won its first-ever league title in 2020, it did so in historic fashion, finishing a huge 19 points ahead of runner-up Molde FK and ending the campaign with a record-breaking 103 goals across 30 matches.

“It is a team, a coaching staff and a club that has changed really a lot for the better,” said Evjen, who played in the Netherlands and Denmark in between his two stints with Bodø/Glimt. “It’s really more professional and more committed to trying to be the best team in Norway.”

Coach Kjetil Knutsen issues instructions during a Conference League playoff match against Ajax last season.

Thursday’s stand-off with Tottenham is just one of many challenges awaiting Bodø/Glimt, whose wider goal is to qualify for the Champions League for the first time in the club’s history.

“We’ve come so close twice to reaching the Champions League, and that would really be a bit statement,” veteran midfielder Ulrik Saltnes told CNN Sports earlier this year. “Financially, it’s a totally different league and also just for everyone in European football, it would really show that Glimt is here to play.

“It’s not like, in a couple of years, you will never hear about us again. I think reaching the Champions League would really be the next step for the club.”

<p>CNN World Sport's Don Riddell discusses the Norwegian club's success with midfielder Håkon Evjen.</p>

The remarkable rise of Bodø/Glimt

04:01

But while Bodø/Glimt chases these lofty goals, it is, like every Norwegian team, curiously out of step with the rest of the European game. The country’s cold, dark winters – Bodø has around 50 minutes of sunlight during its shortest days – mean that domestic competitions usually take place across the summer between March and November.

“I think that also makes us tougher when it comes to games and what kind of weather there is. We’re used to having to adapt to everything in a different way, but that’s how it is up here,” Evjen told CNN earlier this season.

Norway’s Eliteserien, for instance, has recently resumed, with Bodø/Glimt securing wins in its opening two games.

“I do feel bad for all of the fans that have to come and watch us in -10 (Celsius, who are) sitting down and cannot move during the game,” said Evjen.

The club will face one of its biggest tests come Thursday, when injuries mean that some of the squad’s best players will sit out the first leg.

“We have to play together as a team because it’s a really tough challenge. We obviously miss a few key players, and that’s going to be difficult for us, but the only way we can replace them is by playing together as a team and fight for each other,” Hauge said recently to CNN Sports.

“We all know it’s going to be decided a week after, so even if we get a tough experience (in London), we still have everything to play for next week at home. So, no matter how the game goes or how tough it’s gonna be, we just have to stick in it and fight for each other,” he said.

Resilience is part of Bodo’s DNA, and its people are prepared to go extraordinary lengths when it comes to the Beautiful Game. Or as Evjen explained: “If you were committed enough, you could do anything as long as you have a shovel with you.”



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