Tag - eu

 
 

EU

Russia's gas pipeline export monopoly Gazprom plunged to a net loss of $7 billion in 2023, its first annual loss since 1999, because of the loss of the EU's gas markets.
BUSINESS
Oct 9, 2024
What happens when Russian gas to Europe via Ukraine stops?
Ukraine will not extend its gas transit agreement with Russia after it expires at the end of December, said Ukrainian Prime Minister Denys Shmyhal.
Then-U.S. President Donald Trump welcomes his visiting French counterpart,  Emmanuel Macron, in Washington in April 2018. European leaders, such as Macron, recognize the need to adapt to a new reality where globalization may no longer drive growth, especially if Trump wins the U.S. election.
COMMENTARY / World
Oct 7, 2024
Trump-proofing Europe looks impossible
Global supply chain strengths turn into weaknesses in a fragmented world, with unreliable access to cheap energy, Chinese consumers and U.S. security.
Construction at Michaelerplatz in Vienna, Austria, in July
ENVIRONMENT / Climate change
Oct 7, 2024
Europe’s urban dilemma: Saving the past from a warming future
European cities face a tough choice: adapt to rising heat or preserve historical landmarks.
Electric vehicles bound for shipment to Europe at the Port of Taicang in Taicang, China.
BUSINESS / Economy
Oct 5, 2024
EU tests its mettle to take on China with new EV tariff fight
The EU voted on Friday to boost tariffs as high as 45%, arguing that Beijing provides unfair subsidies to its carmakers.
Lassana Diarra in Paris in May last year. Diarra was at the center of a high-profile case that could shake up the transfer market in European soccer.
SOCCER
Oct 4, 2024
Top EU court rules against FIFA in key transfer market ruling
In a landmark decision, the EU's top court has ruled some international soccer rules regulating player transfers are contrary to the bloc's laws.
A Geely assembly line in Chengdu, China, in April 2023
BUSINESS
Oct 4, 2024
EU presses ahead with Chinese EV tariffs after split vote
The proposed duties on Chinese-built EVs of up to 45% would cost carmakers billions of extra dollars to bring cars into the bloc.
Herbert Kickl, the head of Austria's Freedom Party (FPO) speaks as vote projections show that the party won the general election, in Vienna on Sunday.
WORLD / Politics
Sep 30, 2024
Far right wins Austria election, boosting European right-wing surge
The Freedom Party led by the polarizing Herbert Kickl won 28.8% of the vote, ahead of Chancellor Karl Nehammer's ruling conservative Austrian People's Party's 26.3%.
A river gauge shows a level of just under 6 meters of the rising Oder River at Ratzdorf, Germany, on Sept. 24.
ENVIRONMENT / Climate change
Sep 25, 2024
Climate change made Europe’s floods worse and more likely, study shows
Global warming is leading to more intense rainfall because a warmer atmosphere can hold more moisture than a cooler one.
Italian former prime minister and economist Mario Draghi (left) and European Commission President Ursula von der Leyen take part in a joint news conference about the future of European competitiveness at the EU headquarters in Brussels on Sept. 9.
COMMENTARY / Japan
Sep 25, 2024
Draghi warns Europe — and Japan — about the failure to innovate
The warning could not be clearer. Europe faces “an existential crisis.” “Over time, we will inexorably become less prosperous, less equal, less secure and, as a result, less free to choose our destiny.” Moreover, “without action, we will have to either compromise our welfare, our environment...
Google's lucrative ad tech business attracted EU regulatory scrutiny last year following a complaint from the European Publishers Council.
BUSINESS / Companies
Sep 19, 2024
EU publishers snubbed Google's offer to sell part of ad tech biz: sources
The European publishers deemed Google's offer to divest its advertising marketplace AdX as insufficient.
French President Emmanuel Macron
WORLD
Sep 18, 2024
EU commissioner retreat shows Macron's waning clout in Europe
Thierry Breton abruptly quit on Monday in an unexpected twist in the highly political power transition that follows June's European elections.
Local residents are evacuated by Polish rescuers in the village of Rudawa, southern Poland, on Sunday.
WORLD
Sep 17, 2024
Flood death toll rises as Europe counts cost of storm Boris
Governments across the region taking emergency measures and preparing to spend hundreds of millions of euros on the cleanup.
The real significance of Brussels' case against Apple is that it will increase pressure to reform how multinationals allocate their profits globally and are taxed.
COMMENTARY / Japan
Sep 15, 2024
Ireland struck it rich with Apple. Others struck it poor.
The Apple case highlights the need for global tax reforms to ensure multinationals pay taxes where they operate, benefiting countries beyond just Ireland.
While short-term disruptions like inflation are easing, the European Union faces long-term challenges including rising security risks, a widening productivity gap with the U.S. and an innovation deficit.
COMMENTARY / World
Sep 15, 2024
Europe needs a new economic vision
The global economic shocks of the past few years have left Europe particularly vulnerable.
The deepening rift and growing geopolitical divide between the United States and Europe threatens the trans-Atlantic alliance.
COMMENTARY / World
Sep 13, 2024
The U.S. will abandon Europe. But when and how?
The deepening rift and growing geopolitical divide between the United States and Europe threatens the trans-Atlantic alliance.
Economist and Former Italian prime minister Mario Draghi
BUSINESS / Economy
Sep 10, 2024
German opposition obscures Draghi’s vision for EU renewal through joint debt
Resistance to calls for the region to invest up to €800 billion extra a year and commit to issuing common bonds prolongs a history of stalemate between rival ambitions.
The European Court of Justice is set to give a ruling on Irish tax breaks to U.S. company Apple on Tuesday.
BUSINESS / Tech
Sep 10, 2024
D-Day for Apple and Google as EU court to rule on major cases
The Apple case has been one of several investigations in the previous decade into sweetheart tax arrangements between major companies and several EU countries.
U.K. Prime Minister Keir Starmer speaks during a news conference with German Chancellor Olaf Scholz in Berlin on Aug. 28. The visit was part of efforts aimed at resetting British relations with the European Union, especially on defense and trade.
COMMENTARY / World
Sep 3, 2024
Yes, let’s reverse Brexit (a bit) for Gen Z
Youth mobility isn’t just for privileged graduates seeking experience, CV points or language skills; it can also help fill labor shortages in the U.K.
Chinese Maritime Militia vessels near the Second Thomas Shoal in the South China Sea on March 5
ASIA PACIFIC / Politics
Sep 2, 2024
China urges EU to be 'objective and fair' on South China Sea issue
The EU said in a statement that it condemned the "dangerous actions by China Coast Guard vessels against lawful Philippine maritime operations" in the sea.
Helmut Engwer and Gerhard Iffert pose for a photo during a Buendnis Sahra Wagenknecht Alliance election campaign rally in Eisenach, Germany, on Aug. 19.
WORLD / Politics
Aug 28, 2024
Eastern Germany's economic success leaves voters cold
Half of east Germans are convinced their region is economically stagnating, a study has shown.

Longform

Yasuyuki Yoshida stirs a brew in a fermentation tank at his brewery in Hakusan.
The quake that shook Noto's sake brewing tradition