Page 47 - European Union

EU leaders wanted to talk business, they instead discuss W Asia, Ukraine

European leaders' discussions at a summit in Brussels were set to focus on the bloc's competitiveness in the face of increased competition from the United States and China. Tensions in the Middle East and the ongoing war between Russia and Ukraine decided otherwise and the 27 leaders will dedicate Wednesday evening talks to foreign affairs. As the unprecedented attack by Iran on Israel ratcheted up regional tensions and raised fears of a wider war, EU leaders will urge all parties to exercise utmost restraint and refrain from any action that may increase tensions in the region, according to a draft of their summit conclusions. Following a video meeting of the bloc's foreign affairs ministers on Tuesday, the EU's top diplomat Josep Borrell said the EU will also consider further sanctioning Iran. This may entail expanding the scope of the existing regime targeting Iran's military support of Russia's war of aggression against Ukraine through drones, to include the possibility to sanct

Lok Sabha polls: Here's why voting lasts six weeks in general elections

India's eligible voters, at 968.6 million, number more than twice the European Union's population of 448 million. The figure has grown 8 per cent since the 2019 elections

Euro zone govt bond yields rise over risk of escalating Iran conflict

Iran ended its retaliatory attack with no significant damage to Israel, and the US said it did all it could to avoid an open warfare erupting between the two countries

EVs head for junkyard as mechanic shortage inflates repair costs in UK

Once there are more fully trained EV technicians, repair rather than replace becomes a more viable proposition, an expert said

EU, Britain, Spain to hold more talks on post-Brexit status of Gibraltar

British and Spanish foreign ministers will meet Friday with a top European Commission official for another round of negotiations over the status of the disputed territory of Gibraltar following Britain's exit from the European Union. The two ministers will hold talks with European Commission Vice-President Maros Sefcovic in Brussels. Gibraltar Chief Minister Fabian Picardo will also attend. Spanish Foreign Minister Jos Manuel Albares said that while the meeting with his British counterpart David Cameron may not be the final day," he was optimistic of an agreement as soon as possible. These are complex, technical issues, and then we will have to draft a whole set of documents, but we are already close to reaching an agreement on the general political lines, Albares told Spain's Onda Cero radio on Thursday. All sides are eager to clinch a deal before European elections in June. Britain left the European Union in 2020 with the relationship between Gibraltar and the bloc unresolved. T

Europe maintains steady investor demand amid US-driven ESG backlash

European investors have seven times as much capital in sustainable fund assets than US investors, following five consecutive quarters of US outflows, based on Morningstar data

Subsidy investigations by EU trouble Chinese, European cooperation: China

The Chinese commerce official said it would be the fourth investigation initiated by the European Union in the past two months using foreign subsidies legislation against Chinese companies

EU parliament adopts stricter migration rules in landmark asylum reform

German Chancellor Olaf Scholz called the new rules a "historic, indispensable step" for the EU

EU's new tech laws are working as small web browsers gain market share

In mobile devices that run Android, Chrome browser comes as default and iPhones with Safari, making them the dominant browsers in the market

EU extends trade guide on state-led distortions in Chinese economy

It retains the steel, aluminium, chemicals and ceramics sectors of the initial report in 2017. There is no similar EU report for any other country

March marks yet another record in global heat, says EU climate agency

Each of the last 10 months ranked as the world's hottest on record, compared with the corresponding month in previous years, the EU's Copernicus Climate Change Service (C3S) said in a monthly bulletin

Bulgaria formally approves caretaker govt to run country until June 9 polls

Bulgaria's parliament on Tuesday formally approved an interim government to run the EU member country until snap parliamentary and regular European Parliament elections on June 9. Dimitar Glavchev, 60, was sworn in as interim prime minister in a ceremony at the National Assembly, where his ministers were also taking the oath of office. He was picked by Bulgarian President Rumen Radev under recent constitutional amendments that limited his choice to just a few senior state officeholders. Glavchev, the head of the National Audit Office and a former legislator from the center right GERB party and speaker of parliament, said the ministers he selected for his interim Cabinet are equally distant from all political parties. The move comes after the two largest political groups GERB and reformists led by We Continue the Change failed to find common ground to continue their uneasy coalition after nine months in office. The coalition's collapse in March helped pave the way toward a snap ...

Climate activists seek major human rights ruling against European states

Depending on the ruling, countries may need to update their plans for reining in climate-warming emissions in the near term

EU assesses Apple's plan for complying with music streaming order

They can also invite users to provide their email address to be sent a link to the platform's website to buy digital music content or services

Death of aid workers in Gaza: EU allies may halt arms sale to Israel

The words coming from some of Israel's closest allies have been startling in their vehemence: appalled, outraged, no more excuses. The Israeli military's killing of seven aid workers in Gaza has triggered unprecedented criticism from European leaders, who are stepping up calls for a cease-fire and in some cases halting arms sales to Israel as the war's toll mounts. The attack on the World Central Kitchen convoy has sharpened the dilemma for European politicians, who are squeezed between support for an ally that suffered a terrible attack on October 7 and growing public pressure to stop a war over which they have little control. Nothing justifies such a tragedy, French Foreign Minister Sbastien Sjourn said after Monday's attack. UK Prime Minister Rishi Sunak said he was appalled by the deaths of the aid workers, three of whom were British. Britain summoned the Israeli ambassador for a reprimand over the killings. So did Poland, which lost one of its citizens and whose foreign minist

Can Europe's economy exceed expectations in 2024?

Despite stabilising the United Kingdom, Prime Minister Rishi Sunak is hindered by the widespread perception that he is a lame duck

Digital Competition Bill could negatively impact MSMEs, study finds

'Learn from the experience of the European Union and its experiment with the Digital Markets Act'

EU to discuss buying fewer weapons from foreign firms to boost own industry

Some member states, including Germany and France, are pushing for progress on a genuine capital markets union

Apple, Google, Meta targeted in EU's first Digital Markets Act probes

The European Commission said Monday that Apple and Google's app store rules will be targeted in the first probes under the bloc's Digital Markets Act

Royal Enfield maker Eicher Motors sets up Dutch unit for EU expansion plan

The business is growing quickly in the EU and the new warehouse will cut lead times to two weeks from 90 days currently, Gopal added