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David Mchugh

David Mchugh

Salon

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EU awaits decision today on Trump’s potential punishing tariffs threatening ‘the most important commercial relationship in the world’

Trump expressed displeasure with the EU's trade stance, threatening to raise tariffs on European exports to 50%, making items like French cheese and...

07.07.2025 3

Fortune

David Mchugh

European Central Bank head sees more volatile inflation as global uncertainty grows: ‘It’s pretty basic but that’s the reality’

ECB President Lagarde warns that global shocks like the pandemic and Russia’s invasion of Ukraine are heightening uncertainty around growth and...

01.07.2025 10

Fortune

David Mchugh

Populist backlash and ‘brainwashing’ threaten to derail Bulgaria joining the euro currency

Protests and anti-EU sentiment have spiked on the eve of a key decision by European Union authorities to allow Bulgaria to join the euro.

03.06.2025 30

Fortune

David Mchugh

Europe needs help. As France and Germany remain stuck in political paralysis, a power vacuum awaits President Trump

Where once there was the so-called French-German axis to push Europe ahead, now there’s a vacuum.

09.12.2024 20

Fortune

David Mchugh

Israel’s massive war spending could force tough choices between social programs and the military

Military spending has ballooned, and growth has stalled, especially in dangerous border areas that were evacuated.

21.10.2024 10

Fortune

David Mchugh

Inflation rears its ugly head in Europe, putting the European Central Bank in a fix—once again

An increase in the price of theater tickets, restaurant meals and hotel rooms threatens to derail the ECB's expected rate cut in September.

31.07.2024 2

Fortune

David Mchugh