Tag: EU


China Posts Disappointing Growth As Officials Hold Key Meeting

BEIJING — China posted lower than expected growth in the second quarter on Monday, with all eyes on how top officials gathering for a key meeting in Beijing might seek to tackle the country’s deepening economic malaise. The world’s second-largest economy is grappling with a real estate debt crisis, weakening consumption, and an aging population. Trade tensions with the United States […]


‘Let’s Talk About It’: EU’s Borrell Presses Israel On Two-State Solution

EU foreign policy chief says Israel’s plan to destroy Hamas in Gaza is not working as bloc’s foreign ministers meet. The European Union’s foreign policy chief has insisted on a two-state solution in the Israel-Palestine conflict, saying Israel’s plan to destroy the Palestinian group Hamas in Gaza is not working. Ahead of talks with Israeli and Palestinian top diplomats, Josep […]


Serbia Denies US, EU Reports Of Military Build-Up Along Kosovo Border

President Aleksandar Vucic’s statement comes after shootout kills four people and fuels tensions in the volatile Balkan region. Serbia has denied reports of a military build-up along the border with Kosovo, alleging a “campaign of lies” against his country in the wake of a shootout a week earlier that killed four people and fuelled tensions in the volatile Balkan region. […]


Regulators Seek To Block Microsoft’s Activision Takeover

U.S. Regulators have asked a judge to block Microsoft from completing its $69 billion Call of Duty publisher Activision Blizzard purchase. The U.S. Federal Trade Commission said the deal, which would be the largest in the video game industry’s history, could substantially lessen competition in the sector. The move comes after the UK blocked the deal over concerns it would […]


Meta Violation Of Data Privacy Rules Set To Cost Company $1.3 Billion

Facebook’s parent company, Meta, was ordered to pay out €1.2 billion, or about $1.3 billion, for failing to abide by the European Union’s privacy policies. The fine was imposed by the Irish Data Protection Commission which charged that Meta had violated the terms of General Data Protection Regulations (GDPR), a set of rules for protecting customer privacy in the European […]


EU Tech Tsar Vestager Sees Political Agreement On AI Law This Year 

TAKASAKI, JAPAN — The European Union is likely to reach a political agreement this year that will pave the way for the world’s first major artificial intelligence (AI) law, the bloc’s tech regulation chief, Margrethe Vestager, said on Sunday. This follows a preliminary deal reached on Thursday by members of the European Parliament to push through the draft of the EU’s […]


Critical Issues Discussed At Jamaica-EU Political Dialogue

Jamaica and the European Union (EU) continue to collaborate on critical global, regional, and national issues that are also linked to achieving sustainable development. Matters, including security, human rights, EU blacklisting, environment, and climate change, were discussed during the sixth Jamaica-EU Political Dialogue, held at the Ministry of Foreign Affairs and Foreign Trade. Portfolio Minister, Senator the Hon. Kamina Johnson […]


Iran Says It Has New Ideas On Nuclear Deal After EU Proposes Text

It appears an impasse over the 2015 nuclear deal is continuing 15 months after negotiations began to restore it. Tehran, Iran – Iran has said it has new ideas to restore its 2015 nuclear deal with world powers after the European Union’s coordinator proposed what seems to be a final text to reach an agreement. EU foreign policy chief Josep Borrell […]


ECB Pushes Up Interest Rates

The European Central Bank (ECB) has raised interest rates for the first time in more than 11 years as it tries to control soaring eurozone inflation. The ECB increased its key interest rate by 0.5 percentage points to 0.0% and plans further hikes this year. The rate has been negative since 2014 in a bid to boost the region’s economy […]


Ukraine’s EU Membership Decision By Next Week, Chief Says

EU is finalizing an assessment on whether to recommend Ukraine for membership that will be announced next week, Ursula von der Leyen said. Ukraine will learn by the end of next week whether it can start the process to join the European Union. During a surprise visit to the capital Kyiv, European Commission President Ursula von der Leyen met President […]