📰 News Alert:

🔖 Title: Bank of England governor says risks to UK, global economy from trade wars ‘substantial’ – business live

🗓️ Published: Wed, 05 Mar 2025 15:28:46 GMT

📄 Summary: 1. European stock markets and the euro are rallying following Germany's announcement of fiscal measures to boost defense and infrastructure spending, aimed at kick-starting the economy.

2. The two parties in Germany, CDU/CSU and SPD, agreed to overhaul borrowing rules, leading to a surge in German stock markets and an increase in the country's borrowing costs.

3. The move is expected to have future implications on the German economy and could potentially impact the broader European market sentiment.

🔗 https://www.theguardian.com/business/live/2025/mar/05/dollar-hits-four-month-low-trump-warns-tariffs-will-cause-little-disturbance-european-shares-to-rally-after-german-debt-brake-deal-business-live

🗞️ Source: Business | The Guardian

#bitcoin #crypto #news