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EU to Set Up Global Trade Alternative, Challenging US Dominance

by Worthy News
July 6, 2025
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(Worthy News)—Preparations are underway to establish a European Union-led alternative to the World Trade Organization (WTO) as part of a new global marketplace that would challenge America’s economic clout.

The EU’s executive, European Commission President Ursula von der Leyen and German Chancellor Friedrich Merz, say the WTO, founded in 1995, is broken.

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“You all know that the WTO doesn’t work anymore,” Merz told the media, adding that a “new kind of trade organization” could gradually replace “what we no longer have with the WTO.”

The German chancellor referred to the WTO’s dispute resolution mechanism’s “near-total breakdown.”

Yet questions remain about how to replace the world’s largest international economic organization, which has 166 members representing over 98% of world trade and global Gross Domestic Product (GDP).

  • Read More: worthynews.com
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The Biggest Threat to Your Retirement Is Actually a Very Good Thing

Longevity

When you look at the headlines today, you’ll see experts in the retirement industry warning about big threats to your financial security:

  • De-dollarization and the rise of BRICS
  • Soaring national debt
  • Unstable interest rates
  • Weakened U.S. dollar

All of these are real concerns. But they aren’t the biggest threat to your retirement savings. The true risk isn’t political, monetary, or global.

It’s longevity.

Why Longevity Is the Silent Threat

For most of human history, the problem was the opposite — life expectancy was short, and few people even reached retirement. Today, thanks to medical advancements, healthier lifestyles, and better living conditions, people are living longer than ever before.

And while that’s a wonderful thing, it comes with a financial catch: Your retirement account has to last far longer than you might expect.

  • A 65-year-old couple today has a 50% chance that one of them will live to 90.
  • Some projections suggest that many of us will live well into our 90s, even 100+.
  • This means your nest egg may need to stretch not for 15 years, but 25, 30, or even 40 years.

That’s where the real danger lies: running out of money before you run out of life.

The Retirement Equation Has Changed

While market volatility, debt crises, or central bank policies may feel like the scariest threats, they’re temporary storms. Longevity, however, is a structural shift. Every extra year of life is another year of expenses, another year of inflation erosion, and another year of financial pressure.

If your retirement plan doesn’t account for longevity, you could face tough choices later in life — downsizing, working when you’d rather not, or becoming financially dependent on others.

How to Take Control

The good news? Longevity is a blessing — as long as you’re prepared for it. With the right planning, your retirement savings can work for you instead of against you. The key is learning how to protect your wealth, outpace inflation, and ensure your savings grow even as you live longer.

That’s why our friends at Augusta Precious Metals created a free resource to help you get started:

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Don’t let longevity catch you unprepared. Take the steps today to secure tomorrow.

Tags: Europe


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