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Tag Archives: EU

Trump rejects EU plan to scrap auto tariffs

President Donald Trump on Thursday reportedly rejected as “not good enough” a European Union proposal scrapping tariffs on automobiles, a move which threatens to amplify a simmering trans-Atlantic trade dispute. Just hours earlier, the EU Trade Commissioner Cecilia Malmstroem had said the bloc was “willing to bring down… our car …

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Greeks still waiting for Godot despite end to bailouts

After years of stinging austerity measures, Greece emerged on Monday from its third and last bailout, although officials warn the country still has a “long way to go”. The European Union, the European Central Bank and the International Monetary Fund (IMF) loaned debt-wracked Greece a total of €289 billion ($330 …

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Europe: World must hold end of bargain with Iran

The European Union says the international community has an obligation to maintain economic relations with Iran, despite the United States’ unilateral withdrawal from a multilateral deal with the Islamic Republic that could hamper such relations. Referring to a 2015 deal between Iran and originally six world powers, EU foreign policy …

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Trump to Iran: ‘never, ever threaten’ US again

President Donald Trump on Sunday warned Iran of consequences “the likes of which few throughout history have ever suffered,” if it threatens the United States. “NEVER, EVER THREATEN THE UNITED STATES AGAIN OR YOU WILL SUFFER CONSEQUENCES THE LIKES OF WHICH FEW THROUGHOUT HISTORY HAVE EVER SUFFERED BEFORE,” he said …

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How Israel silences Palestine in EU circles

Imagine the following: a toxic op-ed is published that defames your organisation. You contact the website on which it features and are invited to publish a rebuttal. The next day, you submit your article. As the editors are about to put it online, they are targeted by a sophisticated disinformation …

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Iran builds new rotor factory for centrifuges

Iran’s nuclear chief says the country has completed the construction of an advanced factory specializing in the manufacturing of centrifuge rotors in order to enhance its uranium enrichment capacity without violating the limits set by the 2015 nuclear deal. Ali Akbar Salehi, the head of the Atomic Energy Organization of …

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EU investigates Qatar’s long-term LNG contracts

The European Commission is investigating the bloc’s biggest seaborne gas supplier Qatar Petroleum over potentially restrictive 20-year supply agreements inhibiting development of a single gas market, its latest challenge to a major gas supplier. The bloc, having just wrapped up a seven-year market abuse probe into Russian giant Gazprom, said …

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Putin says Russia not aiming to divide EU

Russian President Vladimir Putin has said Russia is not trying to split the European Union. His remarks come ahead of a visit to Austria, his first trip to a Western European country in nearly a year. He told Austria’s ORF station he wanted a “united and prosperous” EU, calling the …

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Trump is starting a global trade war

America’s biggest allies and trade partners are promising to fight back against US tariffs that threaten to spark a global trade war. The European Union, Canada and Mexico said Thursday that they will respond to new US tariffs on steel and aluminum with punitive measures targeting American products worth billions …

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Syria: bottom line questions

Graham E. Fuller — The Trump administration has just delivered several dozen military strikes against Syria purportedly aimed at chemical production and storage facilities. It was an act the international community feared might lead to overt war in Syria between the US, Iran and Russia, but it came off a bit …

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IMF boss urges ‘rainy day fund’ for Eurozone

International Monetary Fund (IMF) chief Christine Lagarde said Monday that Eurozone countries should set up a “rainy day fund” that could cushion members when they hit economic hard times. “For a relatively modest cost … a central fiscal capacity could reduce the negative effects on output by more than 50 …

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