The Group of Seven industrial powers drew together on Tuesday to criticise China’s coercion of Taiwan and Russia’s threat to station nuclear weapons in Belarus, promising to intensify sanctions on Moscow for its war on neighbouring Ukraine. “The strength of the solidarity between the G7 foreign ministers is at a level not seen before,” Japan’s […]
European Union
The European Union enters the final stage of tense talks over how to treat hydrogen produced using nuclear power on Wednesday, in an effort to end a dispute that threatens to thwart a deal on more ambitious renewable energy goals. Negotiators from EU countries and the European Parliament are meeting to reach a deal on […]
Two rival alliances of European Union countries held final-hour talks in Brussels on Tuesday, ahead of negotiations on whether to recognise nuclear power under the EU’s renewable energy goals. The stand-off comes a day before EU countries and lawmakers are supposed to agree tougher EU targets to expand renewable energy by 2030 – a key […]
The European Union plans to conduct early carbon market auctions, starting from July, to raise extra funds to help countries quit Russian gas and cut emissions, the European Commission said on Monday evening. The EU plans to raise 20 billion euros ($21.62 billion) in grants from its carbon market, with 8 billion euros of that […]
The European Union on Tuesday reached a provisional deal on the deployment of more service stations for cars running on electricity and alternative fuels as the bloc seeks to reduce the carbon footprint of its transport sector. “The agreement will send a clear signal to citizens and other stakeholders that user-friendly recharging infrastructure and refuelling […]
The Russia-Ukraine war has been a hot topic in international politics for over seven years now. While many view the conflict as a geopolitical battle between two neighboring countries, others speculate that the war may have a deeper economic purpose. Let’s talk about the potential economic motivations behind the war, and how it has impacted […]
The European Union is a global frontrunner in cutting carbon emissions but is also moving to ensure the green transition doesn’t make it an industrial desert, with a raft of measures due to be announced next week. Europe’s industrial competitiveness in relation to the United States and China, the world’s two biggest economies, has become […]
British Prime Minister Rishi Sunak said on Friday he was talking to the United States and European Union about the U.S. Inflation Reduction Act amid concern it could make European markets uncompetitive. There are concerns in Europe that the United States’ $369 billion of subsidies for electric vehicles and other clean technologies could put companies […]
EU businesses can get as much government funding as from a U.S. green energy subsidy package, under looser European Commission rules announced on Thursday aimed at keeping them in Europe. The rules target investments in renewable energy, decarbonising industry, hydrogen or zero-emission vehicles in a bid to counter the lure of the U.S. Inflation Reduction […]
Britain will make another attempt to reform its data protection law on Wednesday with the objective of easing the compliance burden for businesses while remaining sufficiently in line with the European Union to keep information flowing. The government said it would bring an updated Data Protection and Digital Information Bill back to parliament after its […]