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They issued a joint statement after the third ministerial-level of the U.S.-EU Trade and Technology Council (TTC) vowed to work constructively to resolve it. EU Trade Commissioner Valdis Dombrovskis on Monday called the $430 billion U.S. Inflation Reduction Act discriminatory and urged steps be taken before year's end to modify the law. It offers consumers tax credits of $7,500 for new purchases of Tesla (TSLA.O), Ford (F.N) and other North American-made EVs that the EU fears will significantly hurt European. Other participants included U.S. Commerce Secretary Gina Raimondo, U.S. Trade Representative Katherine Tai and European Commission Vice President Margrethe Vestager. During a state visit to Washington last week, French President Emmanuel Macron told broadcaster CBS it was a "job killer" for Europe.

☆ Tax credits for EU electric vehicles to dominate U.S. trade talks
▼ + stars: | 2022-12-05 | by ( ) www.cnbc.com time to read: +2 min

U.S. Secretary of State Blinken attends the Freedom of Expression Roundtable, in New York, U.S., September 19, 2022. The European Union's top trade official on Monday called for urgent steps before the end of the year to modify a U.S. climate law that would cut off the bloc's electric vehicles from U.S. tax credits, calling the measure discriminatory. EU Trade Commissioner Valdis Dombrovskis, speaking to Deutsche Welle before a meeting of the U.S.-EU Trade and Technology Council (TTC) said the law threatened to undermine progress made by the year-old transatlantic forum. Dombrovskis said the EU was looking at how to make its own subsidies "more efficient" and potential increases in joint U.S.-EU financing. Participants include U.S. Secretary of State Antony Blinken, Commerce Secretary Gina Raimondo, U.S. Trade Representative Katherine Tai and European Commission Executive Vice Presidents Valdis Dombrovskis and Margrethe Vestager.

☆ Monday's EU-US trade talks overshadowed by tax concerns on climate measure
▼ + stars: | 2022-12-05 | by ( David Lawder | ) www.reuters.com time to read: +3 min

COLLEGE PARK, Md., Dec 5 (Reuters) - Top European Union officials intend to complain loudly to their U.S. counterparts at a trade meeting on Monday about the bloc's electric vehicles being cut off from tax credits in U.S. President Joe Biden's signature climate law. "The Inflation Reduction Act will be part of the range of discussions on trade," a spokesperson for the White House National Security Council said in a statement. The U.S. side was "committed to continuing to understand EU concerns" through a newly established task force, the spokesperson added. European and South Korean officials criticized the Inflation Act at the G20 Summit in Indonesia last month. French officials say they are hopeful an executive order from the White House could give European nations a break, without the need for seeking revisions from Congress - a move the White House wants to avoid.

☆ COP27 climate talks seen as key to success at next month's U.N. nature summit
▼ + stars: | 2022-11-16 | by ( Gloria Dickie | ) www.reuters.com time to read: +5 min

"Climate change is one of the big drivers of biodiversity loss," said David Cooper, the deputy chief of U.N.'s Convention on Biological Diversity. "If we don't have successful outcomes in the climate process, then we cannot halt biodiversity loss," Cooper said. "You cannot have a dream of coping with climate change only through the emissions," Virginijus Sinkevičiu, European Commissioner for Environment, Oceans and Fisheries, told Reuters. "If ecosystems are not able to cope, you don't have a success story" in fighting climate change. President Xi Jinping has not attended the climate talks in Sharm el-Sheikh and is also not expected to attend COP15.

☆ The Chase Sapphire Reserve's 80K bonus is effectively a blank airline ticket — here's how to use it to get (almost) anywhere in the world
▼ + stars: | 2022-10-19 | by ( Joseph Hostetler | Credit Cards Reporter | Read More | ) www.businessinsider.com time to read: +13 min

By transferring Chase Ultimate Rewards® points to airline partners, you can fly just about anywhere on earth. Show more Regular APR 19.99% - 26.99% Variable Editor's Rating 4.65 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.65 out of 5 Stars Our editor's ratings analyze fees, bonuses, rewards, and benefits to highlight the simplest and most valuable credit cards available. By transferring 80,000 Chase points to Southwest, you can expect an average value of $1,120 in free flights. You can save quite a few Chase points if you're willing to pay a bit in taxes, however. Bottom lineThe 84,000 Chase points you'll have after opening the Chase Sapphire Reserve® and meeting its minimum spending requirement is basically a blank airline ticket to nearly anywhere on earth's surface.

☆ United Airlines flight circles over Atlantic for hours, makes emergency landing over mechanical issue
▼ + stars: | 2022-09-22 | by ( Marlene Lenthang | Jay Blackman | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +1 min

A United Airlines flight from New Jersey to Brazil ended up circling over the Atlantic Ocean for nearly two hours Wednesday and making an emergency landing because of a mechanical issue, flight officials said. Flight 149 departed from Newark Liberty International Airport at 11 p.m. ET Wednesday night, bound for São Paulo–Guarulhos International Airport with 256 passengers on board, according to the flight's history. The plane experienced a “mechanical issue shortly after takeoff,” United Airlines said in a statement, revealing that initial maintenance inspection points to a hydraulic pump issue. The plane, a Boeing 777-200, landed after the crew reported an "emergency," the Federal Aviation Administration said, noting that an investigation was underway.

☆ Victoria Evans breaks the world record for fastest female solo row across the Atlantic Ocean
▼ + stars: | 2022-04-05 | by ( Ben Church Cnn Video Produced Amy Li | Ben Church | ) edition.cnn.com time to read: +6 min

CNN —With nothing but her small boat for company, British lawyer Victoria Evans battled high winds, big waves and sleep deprivation to record the fastest female solo row across the Atlantic Ocean. Despite experiencing extreme conditions and encountering multiple problems along the way, Evans broke the previous world record by over eight days. So it was so, so intense,” said Evans, who was inspired to tackle crossing the Atlantic after climbing Mont Blanc in 2017. READ: Vegan endurance athlete Robbie Balenger on his spiritual connection with runningEvans broke the record for the fastest solo female crossing of the Atlantic Ocean. READ: Jasmine Harrison delights in Atlantic Ocean world record rowAdvocating for women in sportAdmitting she wasn’t particularly sporty as a child, Evans says her 15-year-old self would never have believed she was capable of setting such a record.

☆ Germany and the US aren't going to deter Putin with a few sanctions and frozen bank accounts. It's going to take a strong, democratic alliance to stop the war in Ukraine.
▼ + stars: | 2022-02-25 | by ( Mathias Döpfner | ) www.businessinsider.com time to read: +9 min

Germany must abandon its pacifist foreign policy and stand up against Russia's invasion of Ukraine. Germany needs to form tighter ties with the US, stop using Russian gas, and confront Vladimir Putin. Stirred by the nuclear-power-plant disaster in Fukushima, Germany made an epochal blunder and created an unnecessary dependence on Russian energy and Russian policy. Time for a new German foreign policyNow Putin has started the long-feared war with Ukraine. The people of Ukraine need our solidarity, and words will not be enough.

☆ Best ways to redeem Citi ThankYou points
▼ + stars: | 2021-09-01 | by ( Jennifer Yellin | ) edition.cnn.com time to read: +16 min

Transfer Citi ThankYou points to JetBlueYou'll get more value when you transfer your Citi ThankYou points to JetBlue instead of booking JetBlue flights through the Citi travel portal or redeeming for cash back. This means for every 1,000 Citi ThankYou points you transfer, you’ll earn 800 Wyndham Reward points. iStockAlthough Delta SkyMiles isn’t a partner of the Citi ThankYou program, it’s still possible to use your ThankYou points to book Delta flights. Fly in one of the world’s best first class seatsGet your very own bed in the sky using Citi ThankYou points for a Singapore Airlines suite. And believe it or not, you can actually redeem Citi ThankYou points to get a Suite for nearly nothing.

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