Tag: EU

Delve into Xi Jinping's diplomatic mission to France, navigating trade disputes, EU scrutiny, and efforts to bolster Sino-French relations amidst global challenges.

The European Union and G7 allies have banned Russian diesel and refined oil products, aiming to reduce Moscow's energy income without disrupting global markets. The move targets Russia's military funding while preserving diesel supplies for critical economic sectors like transportation and agriculture.

European Union representatives arrived in Kyiv as rescue workers searched through debris from a Russian missile attack on an apartment complex in Kramatorsk, marking nearly a year since the invasion began. The attack resulted in at least three deaths and around 20 injuries.

The European Union is considering substantial subsidies to compete with US green technology investments, but smaller member states like Sweden warn that larger countries like Germany and France might disproportionately benefit, potentially threatening the EU's single market principles.

The European Union announces a €10 billion investment package for ASEAN countries, focusing on green transition, sustainable connectivity, and development across energy, transportation, digitalization, and education sectors. This initiative marks 45 years of cooperation between the two regions.

The European Union has agreed on a new round of sanctions targeting Russia over its ongoing war in Ukraine, with plans to finalize the package through diplomatic channels and increase economic pressure.

The European Union is proposing travel bans and asset freezes on over 200 Russian politicians and military officers. The European Commission's recommendations target political parties, regional governors, and government ministers involved in actions against Ukraine.

Oil prices rose 2% as OPEC+ kept production targets and Chinese COVID restrictions ease. WTI crude futures climbed 0.9% to $80.68, while Brent crude increased 0.8% to $86.29, signaling potential increased global demand and market stability.

President Joe Biden authorized $800 million in military aid to Ukraine, including helicopters, artillery, armored vehicles, and defense equipment against potential chemical, biological, and nuclear threats in anticipation of a new Russian assault.

Finland and Sweden are moving closer to NATO membership following Russia's invasion of Ukraine. With growing public support, both countries are reviewing their traditionally non-aligned military stance, potentially reshaping regional security dynamics.