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Australia to resume free trade talks with EU
After getting a commitment from the President of the European Commission, Anthony Albanese says free trade negotiations with the European Union will resume in the coming months. After getting a commitment from the President of the European Commission , Anthony Albanese says free trade negotiations with the European Union will resume in the coming months. The negotiations have been stalled for almost a year, with Anthony Albanese blaming a diplomatic fallout with the French Government and concerns...
Updated: 06/29/2022
Poland to get USD 32.6 billion in farm aid
During a visit to Poland, the EU Commissioner for Agriculture said that the country will receive about 150 billion euro 32.6 billion in EU funding for farms in the years 2021ows' Commission Janusz Wojciechowski praised the importance of small farms. During a visit to Poland, the ...
Updated: 06/29/2022
China, India discussed price cap on Russian oil
... other country for that matter, is not their primary concern despite the so-called attractive pitch. The US and some of its allies imposed an embargo on Russian oil in an effort to maximize pressure on Russia over the past several months, while the EU agreed to ban most Russian oil imports by the end of the year. The sanction measure aimed at depriving Russia of oil revenues has proved counterproductive. Russian oil export revenues increased by $1.7 billion in May to around $20 billion, which is ...
Updated: 06/29/2022
UK extends steel tariffs for another two years
... reasons for resigning and Lord Geidt told the Daily Telegraph that the tariff policy proposal was simply one of the deliberate breaches by the United Kingdom of its obligations under international law, which was initially imposed in 2018 as part of an EU safeguarding measure and reimposed last year by the UK. Many steel factories are located in red wall constituencies such as Scunthorpe and south Wales that are critical to the government's general election prospects. The government issued a briefing ...
Updated: 06/29/2022
VW says combustion car phase-out must be met
A senior Volkswagen executive said on Wednesday that the EU's plan to phase out combustion engine cars in just over 12 years is challenging, but an even more daunting obstacle will be making enough batteries to power the electric cars needed as a result. A senior Volkswagen executive said on Wednesday that ...
Updated: 06/29/2022
NATO encourages Ukraine to continue fighting with Russia
... more than four months ago, citing the eastward expansion of the military bloc. Moscow perceives NATO as a hostile organization and a threat to national security. The Belgian prime minister said Ukraine was given a strong gesture of support from the EU when it was offered candidate status last week. He said that Brussels also sent a very important message about EU enlargement to Moldova, which became a candidate for the EU . Some people will say: Well, it s symbolic but symbolic messages are extremely ...
Updated: 06/29/2022
NI says it is reasonable for UK to have same steel imports as EU
I think it is reasonable for the UK steel to have the same protections as every other European steel economy does, until we can fix that. I think it is reasonable for the UK steel to have the same protections as every other European steel economy does, until we can fix that. The European Union introduced limits on steel imports in 2018 in response to tariffs imposed by the Trump administration. After leaving the UK, the controls were mirrored. Steel safeguards are designed to protect the domestic...
Updated: 06/29/2022
Brexit uncertainty hits UK car industry
... vehicles and components in the UK is putting the manufacturers at a competitive disadvantage, according to Hawes . The UK's electricity prices are the most expensive of any European automotive manufacturing country and 59 per cent higher than the EU average, meaning last year UK manufacturers could save almost 50 million on energy costs if they were buying in the EU rather than the UK, he said. Hawes called for the sector to get Energy Intensive Industry status and qualify for government reliefs,...
Updated: 06/29/2022
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