The US is by far the dominant country when it comes to making money with innovation. China is also improving. European companies lag way behind. Does Europe stand a chance of coming up with the next game changer?
China's premier has vowed to respect European Union trade rules, amid fears about preferential treatment for some entities. Brussels is worried Beijing — present at a summit of eastern states — could divide the bloc.
The economic outlook for the 23 countries that make up the World Bank's Europe and Central Asia unit is gloomy. To improve things, the unit's chief economist Asli Demirguc-Kunt suggests a push for financial inclusion.
Activists in Brest are protesting a new lead-acid battery factory out of pollution and health fears. They've demanded answers from President Lukashenko, who's involved in other ways. Juri Rescheto reports from Belarus.
China's Li Keqiang has attempted to quell European skepticism towards China's investment approach ahead of this week's EU-China summit. Some fear projects like the Belt and Road initiative aim to bind countries to China.
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