BEIJING (Reuters) -Italy’s deputy prime minister talked up cooperation with China in the auto industry during an interview with state news agency Xinhua, even as Beijing faces scrutiny from the European Union over extending unfair subsidies to its carmakers. Matteo Salvini, who is also Italy’s transport minister, said “the two countries enjoy broad prospects for…
This live blog has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. The Chinese capital is this week hosting the country’s most important annual defence conference, the Beijing Xiangshan Forum. More than 100 defence officials, including participants from the United States, Russia, the European Union…
United States President Donald Trump (File Image) Photo : AP United States President Donald Trump will arrive in Britain on Tuesday for his unprecedented second state visit. This is the first time any world leader received the honor of a second state visit, and the first time the invitation was delivered in a personal letter…
MOSCOW (Reuters) – Russia on Monday warned it would go after any European state that sought to take its assets after reports that the European Union is looking for new ways to leverage hundreds of billions of dollars of frozen Russian assets to help Ukraine. The U.S. and its allies prohibited transactions with the Russian…
President Donald Trump challenged members of the North Atlantic Treaty Organization (NATO) on Saturday to fully remove themselves from Russian oil before he agreed to further sanctions on Moscow, raising the question as to why some member states still use Russian oil years into the invasion of Ukraine. Newsweek reached out to NATO and the…
Beijing has warned against “unilateral actions” targeting Chinese interests, as the US intensifies pressure on Western allies to impose steep tariffs on China and India for allegedly “enabling” Russia’s invasion of Ukraine by continuing to buy Russian oil. US President Donald Trump issued a letter to Nato members on Saturday, urging them to stop buying…
The European Parliament’s long-awaited final green light for its extended producer responsibility legislation, meant to yoke producers that sell textiles into the European Union with the cost of collecting, sorting, reusing and recycling those materials at the end of their useful life, has been met with mixed reactions. While critics say that the measures, which…
By David Lawder WASHINGTON (Reuters) – The U.S. Treasury on Friday called on Group of Seven and European Union allies to impose “meaningful tariffs” on goods from China and India to halt their purchases of Russian oil and convened an emergency G7 finance meeting to discuss efforts to step up pressure on Moscow to end…
New Delhi, India and the European Union on Friday reaffirmed their commitment to an early conclusion of a free trade agreement as well as a security and defence partnership. FS Misri meets EU’s Political and Security Committee members Ways to further expand two-way cooperation were discussed at a meeting between Foreign Secretary Vikram Misri and…
The European Union is very unlikely to impose tariffs on India or China, the main buyers of Russian oil, despite US President Donald Trump’s request, news agency Reuters reported, citing people aware of the development. This week, an EU delegation, including the EU’s Russia sanctions chief, travelled to Washington to discuss how the two sides…