Wednesday, 18 September 2019

Tag Archives: European Union

Iran, India move closer on trade as EU stalls

Iran will boost trade with India as the European Union struggles to find a way to circumvent a fresh US embargo on Tehran, Iranian Foreign Minister Javad Zarif said. Brussels is working on a payment mechanism to keep financial transactions flowing with Iran, after the US ditched the 2015 nuclear ...

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Why the UK can still be strong after Brexit

PARIS: Britain can still punch above its weight globally even after it exits the European Union, Foreign Secretary Jeremy Hunt said on Wednesday ahead of a key parliamentary vote at home. Although Britain is neither a superpower nor in possession of an empire, the country still has the military might, ...

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EU-Japan deal to come into force in February

BRUSSELS-Sputnik: The trade agreement between the European Union and Japan will come into effect in February 2019, European Commission Spokesperson for Trade and Agriculture Daniel Rosario said in his twitter account on Wednesday. “EU-Japan trade agreement on track to enter into force in February,” Rosario said. The trade agreement between ...

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Germany, France ‘in fresh push for EU financial transaction tax’

BRUSSELS: Germany and France will on Monday seek to revive the long-delayed EU financial transaction tax by proposing that member states be allowed to use the revenues to reduce their EU budget contributions, a German newspaper reported. Germany’s Olaf Scholz and his French counterpart Bruno Le Maire will present their ...

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Brexit deal: The end of a loveless 46-year marriage

Ouerdya AIT ABDELMALEK: The divorce deal approved by Britain and the European Union on Sunday sets the stage for the end of a nearly 46-year marriage of convenience, built on prudence rather than shared dreams. “It’s been a utilitarian relationship since 1973 and the emphasis was always on the economic ...

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Austria calls for EU-wide halt in arms sales to Saudi Arabia

The European Union should halt arms sales to Saudi Arabia following the killing of journalist Jamal Khashoggi, Austrian Foreign Minister Karin Kneissl told a German newspaper, saying such action could also help end “the terrible war in Yemen”. The comments from Austria, current president of the EU, came after Germany ...

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May to say Brexit ’95 percent’ settled as MP mutiny fears rise

LONDON: Prime Minister Theresa May will tell Britain’s parliament on Monday that Brexit negotiations are “95 percent” complete but that she cannot accept the European Union’s Northern Ireland border proposals – as she faces down an increasingly mutinous faction within her own party. May has been on the receiving end ...

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US calls for separate trade agreements with Europe, Japan, UK

WASHINGTON: US officials announced negotiations for separate trade agreements with Britain, the European Union and Japan as part of efforts by President Donald Trump’s administration to rebalance global commerce. US Trade Representative Robert Lighthizer said the administration notified Congress of its intent to negotiate the three separate trade agreements. “We ...

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EU takes Poland to court over judicial independence

BRUSSELS: The European Union referred Poland to its top court on Monday, in the latest legal confrontation between Brussels and populist member governments. EU leaders say they had to move quickly to halt an alleged legal threat to the independence of Poland’s judiciary from its own rightwing government. But the ...

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BMW moves UK plant shutdown to just after Brexit

LONDON: German carmaker BMW said it will move the annual maintenance shutdown period for its British Mini plant to just after Britain is due to leave the European Union in April, in case there is no Brexit deal. Carmakers generally close their factories over the summer for a few weeks ...

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