IMF warns that any action on Russian assets needs ‘sufficient legal support’
The International Monetary Fund warned that any decisions taken about seizing frozen Russian assets should be backed with “sufficient legal support” to avert future risks.…
U.S. presidential election: America’s allies are bracing for a bumpy ride
Many worry that a second term for Trump would be an earthquake, but tremors already abound – and concerns are rising that the U.S. could…
EU politicians back new rules on AI ahead of landmark vote | Technology News
World’s first AI Act will aim to set guardrails on the technology and protect ‘fundamental rights’. European politicians in two key committees have approved new…
Russia is constantly reclaiming its territories
Russia’s President Vladimir Putin surprised the world on February 24, 2022 by unreservedly launching a full-scale ‘special military operation’ in the former Soviet Republic of…
Why is the US economy so resilient? | Business and Economy
The US economy is on a tear, and it has pulled far ahead of the rest of the world. Geopolitical tensions, the pandemic’s lingering aftershocks,…
About 15% of German companies are affected by the crisis
About 15% of German companies are troubled, A&M say sans exposure to US commercial real estate is an additional worry, notes Bloomberg. Economic stagnation, real…
‘Serious concerns’: World reacts to Pakistan polls as vote count continues | Elections News
Countries including the US and UK called for authorities to investigate reported irregularities in Pakistan’s election. Several countries have called for authorities to investigate reported…
Trump team targets European Union for punishing trade steps
Donald Trump is targeting the European Union for a potential slew of punitive trade measures designed to address long-standing grievances should he retake office, according…
EU cautious on idea of using Russian frozen assets as collateral
Belgium has proposed to Group of Seven (G7) countries to use immobilised Russian central bank assets as collateral to raise debt for the reconstruction of…
Why are farmers protesting across Europe? | European Union News
Demonstrators are denouncing EU policies that they say could drive them out of business. Furious farmers across the European Union are driving their protests home…
Asia’s commercial heft helps keep Russia’s war economy going
Following Vladimir Putin’s war in Ukraine two years ago, more than three dozen countries, led by the West, slapped economic sanctions on Russia. They were…
EU recommends ambitious 2040 climate target, goes light on farming | Environment News
European Commission urges 90 percent cut to greenhouse gas emissions by 2040 as dozens of farmers protest. The European Commission has recommended that the European…
Europe is finished – Modern Diplomacy
It’s time to mourn the demise of old Europe. The rot is too far gone, the decline too pronounced, the welfarism, decadence, pacifism and self-hatred…
Waiting For The Barbarians – Modern Diplomacy
It is traditionally held that the two oldest professions in the world are prostitution and politics. I am inclined to add a third – blaming…
EU climate chief rebuts business fears that green policies hit competitiveness
The EU’s climate chief has warned the bloc must not be lured into a “false narrative” that action against global warming is undermining the competitiveness…
Turkey expands military presence in Cyprus with bases and radar installations
Recent developments in Cyprus indicate Turkey’s ambitious plan to establish itself as a dominant naval force in the Eastern Mediterranean, writes ‘Cyprus Daily’. Ankara’s strategy…
Shaping the Future: The Trade and Technology Council’s Role in Transatlantic Collaboration and Global Innovation
Today marks the conclusion of the Trade and Technology Council (TTC) meeting in Washington, D.C. The United States and the European Union reaffirmed their commitment…
WP: Ukraine’s hopes for victory over Russia are slipping away
Nearing two years since Russia launched its full-scale invasion, authorities in Kyiv maintain their long-standing entreaty to partners in the West: Deliver us more arms,…
What has Northern Ireland’s DUP agreed with the UK over EU trade? | Politics News
Following two years of political paralysis, Northern Ireland’s devolved assembly is set to return to full working order after a new agreement on trade between…
In a sign of commitment, EU unlocks aid for Ukraine as it fights off Russia | Russia-Ukraine war News
European Union leaders have overcome objections from Hungary to approve a 50 billion euro ($54bn) plan to support Ukraine for the next four years. The…