European Commission President Ursula von der Leyen warned of a 'global race to the bottom' using economic tools like sanctions and tariffs. She emphasized the need for innovation and cooperation to maintain global economic bonds,

Speaking at the Davos Summit, Ursula von der Leyen emphasided the EU's dedication to the Paris climate agreement and urged international cooperation, despite Trump’s decision to withdraw. View on euro

“The world is moving faster than ever towards clean energy. Last year alone, global spending on clean energy hit a record of $2 trillion. For every dollar invested in fossil fuels, you had $2 invested in renewable energy. And the power sector clean energy investments outnumber fossil fuel by 10 to 1,” said von der Leyen.

DAVOS, Switzerland - The European Union wants to engage and negotiate with U.S. President Donald Trump, European Commission President Ursula von der Leyen said on Tuesday, warning of the risk of a \"global race to the bottom\" using tools such as tariffs.

Europe has entered a new era of harsh geostrategic competition and will have to work together to avoid a global race to the bottom, European Commission President

Various European leaders reacted to President Donald Trump’s withdrawal from the Paris Agreement saying that they will stick to the landmark Paris climate agreement even though the United States has w