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Business News > Mint Authors > Tom Fairless

Tom Fairless

ARTICLES BY TOM FAIRLESS

An employee works on the assembly of an HSWL 354 transmission, part of a Leopard 2 tank. Renk CEO has said that the company would increase its focus on the core defense business, decreasing the share of its civil business in overall operations from currently 26% to 10% by 2030. (File Photo: Bloomberg)

In Germany, everyone is a defense manufacturer now

5 min read . 20 Dec 2025

Borrowing costs have also risen, making capital-intensive offshore wind far more expensive. (AFP)

Europe’s green energy rush slashed emissions—and crippled the economy

11 min read . 02 Dec 2025

Investment, manufacturing employment, spending and overall activity all held up globally, according to Goldman Sachs.

The global economy is powering through a historic increase in tariffs

6 min read . 22 Jul 2025

Europe's tech sector lags US/China due to risk aversion, regulation, VC shortage, hindering economic growth and innovation. (Image: Reuters)

The tech industry is huge—and Europe’s share of it is very small

10 min read . 20 May 2025

Containers stacked at the port of Rotterdam. US President Donald Trump unveiled stinging tariffs on April 2, 2025 on major trade partners including the European Union. The figure was 20%, and comes after Trump had previously imposed tariffs on steel and aluminium imports as well as cars and auto parts. (File Photo: AFP) / Netherlands OUT

Tariffs are bad for Europe. Drawing closer to China isn’t a magic bullet.

6 min read . 05 Apr 2025

A Taiwan Semiconductor Manufacturing fabrication plant under construction in Phoenix in March. Photo: Rebecca Noble/Bloomberg News

Trump tariffs aim to bring down curtain on era of globalization

7 min read . 03 Apr 2025

The cannon of a military vehicle at a production line in Unterluess, Germany. (Reuters)

A new hope for Europe’s ailing economies: the military

5 min read . 14 Mar 2025

Germany plans major military and infrastructure spending, breaking fiscal tradition to boost defense, economy, and EU security amid global uncertainty.

Germany, once a beacon of frugality, jolts Europe with planned spending splurge

7 min read . 06 Mar 2025

The AfD tripled its vote share among voters aged 18-24 this weekend compared with the 2021 election. (Image: AP)

How Germany’s AfD harnessed social media

5 min read . 27 Feb 2025

Executives say Germany is missing out on the investments that could lay the foundations for new industries. (Image: Pixabay)

Germany’s economic model is broken, and no one has a plan B

13 min read . 27 Jan 2025

European Central Bank (ECB) President Christine Lagarde. (REUTERS)

ECB accelerates rate cuts to counteract flagging growth

2 min read . 17 Oct 2024

Germany has reintroduced checks at its borders with all neighboring countries. John MacDougall/Agence France-Presse/Getty Images

Europe grasps for ways to stop the migrant surge

6 min read . 25 Sept 2024

Spending pledges by the central government are straining the resources of Görlitz in Germany’s southeast, which shoulders some costs, including support for children. (Photo: WSJ)

Europe has a painful choice: War vs welfare

8 min read . 14 Sept 2024

The Economic and Financial Affairs Council meeting held in Luxembourg in June. New European Union fiscal rules will only work if countries with high levels of debt and wide budget deficits make a real material and political effort to get their public finances in order, the International Monetary Fund said. (Photo: Bloomberg

Crushing debts await Europe’s new leaders

5 min read . 07 Jul 2024

European Union regulators this month signaled plans to impose relatively modest tariffs on Chinese auto imports.

Europe’s response to China Shock 2.0: Hold China closer

4 min read . 23 Jun 2024

Centuries-old facades are being polished up after years of neglect.

Europe has a new economic engine: American tourists

12 min read . 21 Jun 2024

A file picture of European Commissioner for the Internal Market Thierry Breton speaks during a media conference regarding tourism at EU headquarters in Brussels. AP (AP)

Europe takes radical steps to boost production; ‘There is no other option’

11 min read . 02 May 2024

Central bankers say they expected the last mile of falling inflation to be bumpy. Yet they are also signaling their willingness to wait before cutting interest rates.(File Photo: AP)

Inflation victory is proving elusive, challenging central banks and markets

5 min read . 01 Apr 2024

The ECB’s plan could transform how banks interact with the central bank—and with each other.

In Rare Makeover, European Central Bank Moves to Reduce Its Financial Footprint

4 min read . 13 Mar 2024

The U.S. is benefiting from European spending on jet fighters.

How War in Europe Boosts the U.S. Economy

5 min read . 19 Feb 2024