The Trump administration “will continue to protect [its interests] at the risk of dismantling value chains between Europeans and Americans,” Macron warned, while urging Brussels to take action with a more aggressive trade policy of its own, building on the example of recent EU tariffs on Chinese electric vehicles. “Trump’s election is a moment of … Read more
SOLVE LOCAL BUSINESSES’ UNDERLYING PROBLEMS, EXPERTS SAY In recent years, Indonesia has seen a sharp decline in its middle-class population from the effects of the COVID-19 pandemic, which left many businesses and factories shuttered. Mr Prabowo has promised to create 19 million jobs and the best way to do that, analysts say, is to attract … Read more
Ling Ji, China’s vice minister of commerce, told Czech officials on Sunday that “China disagrees with and does not accept” this decision, according to a statement released by the Chinese Ministry of Commerce. He also said that Beijing hopes that the Prague government will “play an active role” in creating “political will and negotiation sincerity … Read more
“We have three main policy recommendations,” Koeva-Brooks said, highlighting that the first is “for central banks to pivot towards providing more support to activity where inflation is under control.” By contrast, she added that governments should tighten fiscal policy to draw a line under the emergency measures of the pandemic years, as well as enacting … Read more
“We have obtained guarantees that Opella will remain and develop in France,” Armand said. “Our demands regarding employment, production and investment will be respected.” The takeover has proven highly controversial in France, with politicians from across the political spectrum warning it could threaten manufacturing jobs and thwart Europe’s push to secure its supply chains for critical … Read more
VIENTIANE: Singaporeans need to brace themselves and be mentally prepared that things may go wrong in this “turbulent and difficult phase of development worldwide” amid a “new Cold War”, said Prime Minister Lawrence Wong on Saturday (Oct 12). Speaking to reporters on the final day of his visit to Vientiane, Laos, Mr Wong said that world … Read more
The Commission also interpreted the silence of two countries — Czechia and Greece — as assent, bringing the total to 12. On a weighted basis, that adds up to more than 60 percent of the EU population in favor of the duties. Czechia has a sizable car industry and could conceivably vote against if push comes … Read more
The comments came after Kyiv indicated it would not engage in direct negotiations with Russia, but is working to build a coalition of intermediaries to help end the war. There is hope in Kyiv that a broad coalition, including some Russia-leaning countries, can push Ukrainian President Volodymyr Zelenskyy’s 10-point peace formula and get Moscow to … Read more
“I kind of see you guys as the knot tying the transatlantic alliance together, the closer you are with Europe, the more you’re engaged,” Biden said at the start of his first meeting with the new British PM. Downing Street was quick to seize the moment. Summarizing the bilateral summit, a U.K. government spokesperson stressed … Read more
In the past, the EU executive has let the bloc’s second-largest economy off the hook, even when its spending burst past the limits. But as populist governments across the Continent pull at the fabric of the European establishment and more fiscally disciplined governments accuse the Commission of turning a blind eye, things are changing. “Increased … Read more
