“This landmark deal proves that open, rules-based trade can deliver for our prosperity and economic security,” European Commission President Ursula von der Leyen said. The bilateral trading relationship is worth more than €100 billion a year — four-fifths in the form of goods and one-fifth in services. Echoing the apprehension around Trump’s tariff ideas, the German car … Read more
Der Unions-Kanzlerkandidat erntet im Wahlkampf seinen ersten Shitstorm. Für seine Äußerung, er glaube nicht daran, dass die Transformation der deutschen Stahlindustrie hin zur Produktion mit grünem Wasserstoff überall und so schnell gelingen könne, hat er nicht nur den Zorn von SPD, Grünen und der IG Metall auf sich gezogen. Auch in der Branche mit 90.000 … Read more
Attacks on Ukraine’s nuclear plants would be particularly serious, said Kharchenko, the analyst. Kyiv’s reactors currently provide 60 percent of the country’s total power output and any missile strikes on the energy infrastructure supporting those plants could put them out of commission. Last month, Ukraine urged the European Union for help, fearing Russia would soon … Read more
“The leading firms in research and investment-spending are the same ones we had 20 years ago ― cars,” he said. “The United States used to be the same, autos and pharma, 20 years ago. Now it’s all digital.” China isn’t just catching up. In areas like the electric vehicle industry, it is even leapfrogging Europe. … Read more
Draghi is pushing for the EU to issue new common debt to fund its industrial and defense needs, something that is opposed by several governments. He noted that Europe’s goal to whittle its greenhouse gas emissions down to zero by the middle of the century offer the bloc the chance to build and export clean … Read more
Five years ago this week, in the teeth of the Brexit wars, an outgoing Tory prime minister was looking for a legacy. Theresa May settled on net zero —and now it’s on Labour to keep that target alive. Jun 25 15 mins read Read original article here Denial of responsibility! Pioneer Newz is an automatic … Read more
Commission spokesperson Olof Gill told POLITICO that the EU executive was “currently studying the contents of this letter,” while adding that it “stands ready to support the impact of [EU] member states in finding a solution together with Ukraine.” Budapest relies on Moscow for 70 percent of its oil imports — and on Lukoil for … Read more
With Moscow making $180 billion from its oil exports last year, “it’s actually absurd to allow them to make this money by transporting this oil through Ukrainian territory, if the money is then being used to kill us,” Sovsun added. But Sovsun also hinted at a secondary aim for the ban: To overturn Hungary’s opposition … Read more
“First of all, we need to reduce the price of energy,” minister said Draghi. Industry pays two to three times as much for electricity in Europe as in the U.S., and this is “a major competitive disadvantage,” Draghi said, adding that a fragmented and undeveloped energy market across the EU has made the situation worse. … Read more
When Egypt hosted in 2022, activists used the event to highlight the government’s crackdown on political opponents. Last year saw widespread criticism when COP28 host the United Arab Emirates appointed the man tasked with expanding the country’s oil and gas output to lead the talks. Likewise, the incoming president of COP29 is a former Azerbaijani … Read more
