The European Union has been using all diplomatic channels to convince US President Donald Trump to stick with the Iran nuclear deal. With Trump deciding to go against the EU's pleas and withdraw his country from the agreement, EU-US relations might be coming to a breaking point.
The EU lays out a stark warning that a sudden rise in trade protectionism is the biggest threat to growth in Europe, as it confirmed its solid economic projections for 2018 and 2019.
US renewables group Invenergy says it has begun arbitration against Poland, claiming it will lose hundreds of millions of dollars after the country reneged on its commitments to build wind farms.
Poland has signed a $4.75 billion (3.8-billion-euro) contract to purchase a US-made Patriot anti-missile system, a move that is likely to irk Russia as East-West tensions rise.
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