EU Unity Could Position Euro to Rival U.S. Dollar: Luis de Guindos, Vice President of the European Central Bank,
believes the euro can become a global alternative to the U.S. dollar as a reserve currency.
He emphasizes that achieving this goal requires deeper economic and institutional integration within the European Union.

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Trump Denies Plans to Fire Powell
Euro to Rival U.S. Dollar
OpenAI

Trump Denies Plans to Fire Powell Despite Ongoing Criticism

U.S. President Donald Trump denied having any intention to dismiss Federal Reserve Chairman Jerome Powell,
despite repeatedly criticizing the central bank’s slow approach to interest rate cuts.
Speaking to reporters on Wednesday morning, Trump said, “I never tried to do that, the media exaggerates things.
I have no intention of firing him, but I’d like to see him more active about cutting interest rates.”

These comments followed controversial suggestions by White House National Economic Council Director Kevin Hassett,
who stated that Trump was legally exploring whether he could fire Powell.

In recent weeks, Trump has publicly criticized the Fed chair through social media and public events,
fueling speculation about his possible removal and raising market concerns about the Fed’s independence.

In response, Christine Lagarde, President of the European Central Bank,
expressed hope that such a scenario would not materialize.
Meanwhile, Pierre-Olivier Gourinchas, Chief Economist at the International Monetary Fund,
stressed that central banks face a sensitive moment requiring full independence,
warning that political interference could undermine market confidence and threaten global financial stability.

De Guindos: EU Unity Could Position Euro to Rival U.S. Dollar

Luis de Guindos, Vice President of the European Central Bank,
reiterated his view that the euro can become a global alternative to the U.S. dollar as a reserve currency.
However, he stressed that reaching this status will require further economic and institutional integration across the European Union.

Speaking on Tuesday, de Guindos said: “We’re not in a position to be an alternative reserve currency just yet,
But we’re closer than ever and could achieve that in a few years.”
He explained that this depends on Europe’s ability to speak with one voice,
make decisions based on shared interests,
and close the regulatory gaps hindering integration of the internal market, capital markets, and the banking sector.

OpenAI Expresses Interest in Acquiring Chrome if Separated from Google

OpenAI has expressed its readiness to acquire Google’s Chrome browser
if the tech giant is forced to divest it due to mounting legal pressure from the U.S. Department of Justice.
Nick Turley, Head of Product at OpenAI,
told Bloomberg that the company “would pursue it, as many others would,” if the opportunity arises.

Turley explained that if the acquisition goes through, OpenAI’s plan
would involve integrating the ChatGPT intelligent chatbot directly into the browser,
potentially offering “a truly amazing experience” by merging AI with web browsing.

This development follows a lawsuit filed by the U.S. Department of Justice,
demanding that Google separate its search business
from the Chrome browser and open its search database to competitors.
In its defense, Google argued that its current structure is essential to maintaining its competitive edge,
particularly against rivals from China.

EU Unity Could Position Euro to Rival U.S. Dollar

EU Unity Could Position Euro to Rival U.S. Dollar

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