new video loaded: European Leaders Discuss Financing Ukraine With Frozen Russian Assets transcript Back transcript European Leaders Discuss Financing Ukraine With Frozen Russian Assets The European Council convened in Brussels to discuss leveraging up to $247 billion in frozen Russian government assets held in Europe to finance Ukraine’s war effort. “Either money today or blood…
The European Union will start collecting a three-euro flat fee for each small parcel valued below €150 (US$176) sent directly from a non-EU country to customers in the bloc, following a decision adopted by the EU finance ministers meeting in Brussels on Friday. The move, set to kick in next July, marks a milestone in…
The EU has for the first time launched a formal review of a price undertaking offer from a company seeking to avoid its tariffs on Chinese-made electric vehicles, following a submission from Volkswagen’s Chinese joint venture. Over the course of 12 to 15 months, the European Commission will examine whether VW Anhui can replace its…
The European Union has formally terminated a long-running dispute with China at the World Trade Organization, centred on Beijing’s alleged coercion of Lithuania in 2021. In a statement circulated to WTO members, the bloc said it was abandoning the case “considering the key objectives behind this dispute have been met and relevant trade has resumed”….
South Africa is looking to new export markets in Asia – particularly China – and Europe to diversify away from the United States, as its relations with Washington rapidly deteriorate. America boycotted last weekend’s Group of 20 summit in Johannesburg after Washington accused Pretoria of persecuting Afrikaner farmers, labelling the situation “white genocide” – a…
More than two years after launching its economic security strategy and with the world swept up in economic warfare, the European Union still cannot decide what economic security means. Despite this, under the strain of US tariffs and Chinese export controls, the bloc is preparing to unveil a new “economic security doctrine” in early December,…
Under pressure from Beijing’s chokehold on rare earths and the simmering feud over chipmaker Nexperia, EU officials have been asked to tone down their public rhetoric on Beijing, even as the bloc moves forward aggressively with its de-risking plans. Brussels is in “de-escalation mode”, several official sources confirmed, as it looks to convince China to…
According to the claims, three security agencies are examining alleged “sexual overtures” he made to high-level individuals, while investigators are still assessing whether any information about Western security services may have been passed to China. Source link
Brussels and Beijing are both to blame for their strained ties and clear communication is needed to handle sensitive issues like Taiwan and rare earths, according to a veteran business leader and China watcher. Joerg Wuttke, former president of the European Union Chamber of Commerce in China, said the 27-member bloc should also redouble efforts…
Chinese President Xi Jinping has vowed to increase imports from Spain and deepen trade collaboration with Madrid in Latin America, amid rising tensions with Europe. Xi made the pledge during a meeting with Spain’s King Felipe in Beijing on Wednesday. “China is willing to import more high-quality products from Spain, explore cooperation potential in emerging…