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Tae made a high-profile defection to South Korea in 2016, and was previously an ambassador at the North Korean Embassy in London. The appointment makes him the first North Korean defector to be given a vice-ministerial job in South Korea, according to AP. Related stories"He's definitely considered a traitor of the current North Korean regime and I think that's how they'll paint it," she said. But "North Korea doesn't consider the Council to be particularly relevant," Pardo, the KF-VUB Korea Chair, told BI. Smith added: "He has been and will continue to be actively involved in campaigns that expose the North Korean government and the problems of the North Korean population."
Persons: , Yoon Suk, Yongho, Tae, Ramon Pacheco Pardo, Sarah A ., Kim Jong, He's, Pardo, Hazel Smith, Smith, It's Organizations: Service, Korea, Advisory Council, North Korean Embassy, Business, North, KF, VUB, Brussels School, Governance, Vrije Universiteit Brussel, National Assembly, CNN, Korean Studies, University of Sheffield, South Korea's National Assembly, Korea doesn't, SOAS University of London, South Korean, Korean Locations: North Korean, South Korea, London, VUB Korea, Vrije, North, Korea, North Korea
A Volkswagen logo is seen at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. Volkswagen shares dipped Wednesday after the company issued an overnight profit warning and announced it was considering the potential closure of an Audi plant in Brussels. It noted that is also considering the restructuring or potential shutdown of its Audi plant in Brussels, where it employs 3,000 people, on the back of weak demand for the Audi Q8 e-tron line — a fully electric offering from the brand, launched in 2019. Automakers have contended with waning EV demand, with European brands facing the compounded challenge of a wave of discounted, state-subsidized rival vehicles produced in China. If it presses ahead, this would mark Volkswagen's first factory shutdown in nearly four decades, since the 1988 closure of its plant in the Westmoreland site in Alabama.
Organizations: New York, Auto, Volkswagen, Audi, EU Locations: Manhattan , New York City, U.S, Brussels, China, Westmoreland, Alabama
He's credited with creating the European Political Community, bringing leaders from across 50 states in the region to discuss shared challenges and to coordinate joint responses. For now, Macron has rejected his current Prime Minister Gabriel Attal's resignation and on Monday asked him to stay in the post "to ensure the country's stability." Subran stressed that it was vital that Macron was aligned with the future prime minister. It hasn't paid off, and France's uncertain political outlook will likely perturb France's European partners, one French political scientist told CNBC. French President Emmanuel Macron reviews troops that will take part in the Bastille Day parade, July 2, 2024 in Paris, France.
Persons: Emmanuel Macron, Sebastien Salom, Emmanuel Macron's, Macron, , Tina Fordham, it'll, Fordham, Francois Hollande, Angela Merkel, He's, Germany —, Volodymyr Zelenskyy, Hollande, Gabriel Attal's, Ludovic Subran, Subran, Donald, Trump, — we're, CNBC's Charlotte Reed, it's, Macron's, hasn't, Philippe Marlière, France isn't, Aurelien Organizations: Afp, Getty Images, Fordham Global Foresight, CNBC, NATO, European Union, Socialist, Political, Russia, Ukrainian, Reuters, NFP, Monday, Allianz, U.S, Republican, NurPhoto, EU, University College London Locations: gomis, Europe, France, Washington, Ukraine, Germany, Kyiv, Paris, China, Brussels, Strasbourg, Russia
watch nowThe stakes are high for the NATO alliance as the organization's 75th anniversary summit gets underway in Washington this week. "I think this NATO summit in Washington is an important moment for Joe Biden, he really has to show that he is with it, he's ready to continue to lead not only the United States of America but the NATO alliance," she told CNBC's Dan Murphy. Asked if the summit could be make-or-break for the transatlantic alliance, Gottemoeller replied: "I think it is an extraordinarily important summit for the NATO alliance; I wouldn't say it is a make-or-break. US President Joe Biden participates in the US-Nordic Leaders' Summit at the presidential palace in Helsinki, Finland, on July 13, 2023. US President Joe Biden travelled to Britain on July 9, 2023, to a NATO summit in Lithuania and will end the trip to Europe on July 13, 2023 in Finland.
Persons: Joe Biden, Donald Trump, Rose Gottemoeller, CNBC's Dan Murphy, Gottemoeller, Andrew Caballero, Reynolds, Trump, Vladimir Putin, Defence Lloyd J, Austin III, Rustem Umerov, Jens Stoltenberg, Charles Q, Brown Jr, Omar Havana Organizations: NATO, CNBC's, Nordic, AFP, Getty, Trump, Kyiv, Defence, Ukrainian Defence, United, Joint Chiefs Locations: Washington, U.S, United States, America, Helsinki, Finland, Britain, Lithuania, Europe, Ukraine, Russia, Brussels, Belgium
Anadolu | Anadolu | Getty ImagesGovernment bond markets in France saw some selling early on Monday, but were fairly muted overall despite political gridlock after a second round of legislative elections. Jitters have spread through France's bond market in recent weeks. The 10-year yield topped 3.3% — a roughly 8-month high — after French President Emmanuel Macron called the snap parliamentary election in the middle of June. Meanwhile, the gap (or spread) between French bond yields and German bond yields had topped 85 basis points in recent weeks, hitting its highest level since 2012. He added that the chances of a confrontation with Brussels remained with the left-wing alliance, but not to the same extent as if the National Rally had won.
Persons: Emmanuel Macron, Emmanuel Macron's, , David Roche, Digard, Kepler Cheuvreux Organizations: New, Republique, Anadolu, Getty, Government, European Commission, Sunday, Popular Front, Independent, National Rally, CNBC Locations: Paris, France, France's, London, Brussels
The circumstances surrounding eyed needles raised a number of questions. How do you alter your appearance for social purposes? “We don’t need to have eyed needles to manufacture clothing,” he said. This evidence would support the theory that eyed needles played a role in decoration, without ruling out their use for tailoring. “Our study shows that eyed needles are a marker for this change in the function of clothing, from thermal to social necessity,” he added.
Persons: , Ian Gilligan, Gilligan, ” Gilligan, , Mariana Ariza, they’re, ” It’s, Liza Foley, Foley, Nowell, ” Nowell Organizations: CNN, University of Sydney, Ghent University, Royal Museums of Art, Lansdowne, University of Victoria Locations: Siberia, Europe, East, Southeast Asia, Africa, Australia, Eurasia, Moscow, Brussels, Belgium, Canada
Odesa CNN —As Washington prepares to welcome world leaders for a landmark summit commemorating 75 years of NATO, some 5,000 miles away I was having a heart wrenching dinner conversation. Michael Bociurkiw Chrystia Chudczak“My dreams have been shattered,” a Ukrainian friend, Inna Ivanova, told me at a restaurant tucked away in an obscure corner of Odesa. The question on everyone’s lipsLooming over the summit will be the question of Ukraine’s desperately sought NATO membership. Meanwhile in WashingtonThe forecasted record heat won’t be the only thing making NATO leaders in Washington break into a sweat. Given the high stakes for Ukraine, people here will be watching developments in Washington closely.
Persons: Michael Bociurkiw, Odesa, Michael Bociurkiw Chrystia, , Inna Ivanova, Inna, Vladimir Putin, Ukraine’s, Ukraine Ivanna, Tsintsadze, Biden, Oleksandr Gimanov, Bohdan Chomiak, What’s, I’ve, that’s, Russia wouldn’t, Kyiv should’ve, Donald Trump, , Joe Biden’s, General Jen Stoltenberg’s, Kira Rudik Organizations: Atlantic Council, Organization for Security, Cooperation, CNN, Odesa CNN, Washington, NATO, Bucharest NATO, Ukraine, Getty, Kyiv, Twitter, Trump, Golos Party Locations: Europe, Ukrainian, Odesa, Germany, Washington , DC, Ukraine, Washington, Bucharest, Georgia, Moscow, Brussels, Lviv, Russian, AFP, Kyiv, Russia, Ukraine’s
The newly-formed left-wing coalition, the New Popular Front (NFP), came second with 28%, while Macron’s Ensemble alliance trailed in a distant third with 21%. In the outgoing parliament, Macron’s alliance had only 250 seats, and so needed support from other parties to pass laws. In an attempt not to split the anti-far right vote, more than 200 candidates from Macron’s alliance and the NFP agreed to stand down in the second round. Whatever the result of Sunday’s vote, France seems set to endure a period of political chaos, with Macron unable to call another parliamentary election for at least a year. Jordan Bardella speaks at the RN headquarters in Paris after the first round of voting, June 30, 2024.
Persons: Emmanuel Macron, , Jordan Bardella, Bardella, Gerald Darmanin, Sarah Meyssonnier, Macron, Jean, Luc Melenchon, Raphael Gluckmann, Gabriel Attal, Macron’s Organizations: CNN — Voters, Front, NFP, National Assembly, Macron’s, France Unbowed, Melenchon Locations: France, Vichy, Paris, Europe, Brussels, Ukraine
Read previewThe world's largest coastguard ship dropped anchor in Manila's exclusive economic zone (EEZ) in the South China Sea earlier this week, the Philippine Coast Guard (PCG) said. "On July 1st, the ship departed from Hainan and entered the Philippines' Exclusive Economic Zone (EEZ) on the following day," he wrote. AdvertisementAn exclusive economic zone is an area of the ocean "beyond a nation's territorial sea, within which a coastal nation has jurisdiction over both living and nonliving resources." Tarriela later told a news forum that the Chinese vessel's moves were "an intimidation on the part of the China Coast Guard." China claims sovereignty over the reef and most of the South China Sea, but an international tribunal ruled in 2016 that China's claims to waters within its "nine-dash line" had no legal basis.
Persons: , Jay Tarriela, Tarriela, We're, we're, Thomas Organizations: Service, coastguard, South China, Philippine Coast Guard, Business, China Coast Guard, BRP, BRP Sierra Madre, Crisis Group, US Naval Institute, Defense, Officials, Department of Foreign Affairs, ICG Locations: South, China, Hainan, Philippines, South China, BRP Sierra, Brussels
Opinion | NATO Has to Change. Here’s How.
  + stars: | 2024-07-07 | by ( Farah Stockman | ) www.nytimes.com   time to read: +1 min
Gen. Dwight Eisenhower, NATO’s first supreme allied commander Europe, felt strongly that his mission was to get Europeans “back on their military feet” — not for American troops to become the permanent bodyguard for Brussels and Berlin. Of the $206 billion in military and nonmilitary aid allocated to Ukraine by countries around the world, $79 billion has come from the United States, according to the Ukraine Support Tracker database. Since about 1960, the United States’ share of allied G.D.P. has averaged roughly 36 percent, while its share of allied military spending has been more than 61 percent, according to a Cato Institute report. The supreme allied commander Europe has never been a European.
Persons: Ike, Dwight Eisenhower, NATO’s, , , Organizations: NATO, Cato Institute Locations: Europe, Brussels, Berlin, United States, Washington, Germany, Italy, Britain, Ukraine
Russia's President Vladimir Putin meets with Hungary's Prime Minister Viktor Orban at the Kremlin in Moscow on July 5, 2024. Russia's closest European ally, Hungarian Prime Minister Viktor Orban, has drawn ire from the EU over his Friday trip to meet Kremlin leader Vladimir Putin in Moscow. Orban's trip to Moscow has also drawn the wrath of European officials, who questioned his authority to represent the bloc. Also referencing Orban's visit, European Commission President Ursula von der Leyen warned that "appeasement will not stop Putin. Only unity and determination will pave the path to a comprehensive, just and lasting peace in Ukraine."
Persons: Vladimir Putin, Viktor Orban, Orban, Putin, Volodymyr Zelenskyy, Zelenskyy, " Orban, Josep Borrell, Ursula von der Leyen, Donald Trump Organizations: Hungary's, Kremlin, EU, NATO, Reuters, Ukrainian Foreign Ministry Locations: Moscow, Russia's, Hungarian, Ukraine, Hungary, Russia, Europe, Brussels, EU
Le Pen: Mbappé not representativeLe Pen directed most of her ire closer to home. “I’m not contesting the existence of these comments,” Le Pen said, referring to the accusations levelled against her candidates. Top of the list of sensitivities is likely to be foreign policy, where Le Pen and Macron rarely see eye to eye. Many held similar suspicions ahead of the election of hard-right culture warrior Italian Prime Minister Giorgia Meloni in 2022. “It’s a form of interference, and in that sense, I find it unacceptable,” Le Pen said of the post.
Persons: Emmanuel Macron’s, Emmanuel Macron, , CNN’s Christiane Amanpour, Kylian Mbappé, Le Pen, Macron, Le, Jordan Bardella, CAESAR, Roman Pilpey, Pen, Mbappé, , ” Mbappé, “ It’s, Kylian, Franck Fife, ” Le Pen, Bardella, CNN Le, Florent de Kersauson, Daniel Grenon, Grenon, “ I’m, “ That’s, Francois Lo Presti, Vladimir Putin, She’s, Putin, Giorgia Meloni, she’s Organizations: Paris CNN —, CNN, Macron, soccer side’s, Ukraine, National Rally, National Assembly, National, 55th Artillery Brigade, Getty, CNN Le Pen’s, BFMTV, Kyiv, Locations: Ukraine, Russia, France’s, Donetsk, AFP, Washington, Kyiv, France, Paris, Hamburg, Germany, Algeria, Cameroon, United States, Brittany, , , Henin, Beaumont, Brussels, Crimea, 2014, Russian, Italian, There’s, Moscow
Handpicked as leader by National Rally (RN) doyenne Marine Le Pen in an effort to purge the far-right party of its racist and antisemitic roots, Bardella has taken it closer to the gates of power than ever before. Whether the RN forms a government and Bardella becomes prime minister after the July 7 runoff is not clear. So, who is Bardella, and what might his party do in power? Le Pen and Bardella address a crowd of RN supporters in Paris, after Macron called a snap election, June 9, 2024. When the prime minister and president belong to different parties – in a rare arrangement known as “cohabitation” – things can grind to a halt.
Persons: CNN — Jordan, , Bardella, Emmanuel Macron’s, France’s, Denis, Le Pen, Le Pen’s, Louis Aliot, Le, Macron, Julien De Rosa, Freed, Jean, Marie Le Pen, Franco, Paris Anne Hidalgo, Luc Mélenchon, ” Bardella, Julien de Rosa, Gabriel Attal, ” Mujtaba Rahman, Mario Draghi, Giorgia Meloni, Benito Mussolini, Matteo Salvini, Vladimir Putin, Antonio Masiello, Hungary’s Viktor Orban –, Macron – Organizations: CNN, National Rally, National Assembly, Front, Sorbonne university, Getty, Macron’s Ensemble, Immigrants, Ministry of, Armed Forces, New Popular Front, EU, Eurasia Group, European Union Locations: Paris, France, Europe, Seine, Macron, AFP, Vichy, Spanish, Brussels, Italy, Ukraine, Kyiv, Russia
The European Union took the next step on Thursday toward collecting new tariffs on Chinese electric cars, telling automakers to obtain guarantees from banks that they would be able to pay the taxes set to be made final in October. The bloc had said on June 12 that it would impose additional tariffs of 17 to 38 percent on electric vehicles imported from China. An investigation by the European Union had found what officials in Brussels describe as unfair subsidies by the Chinese government for electric car manufacturers. Beijing contends that low prices for electric cars made in China reflect vigorous competition and innovation instead. “We are continuing to engage intensively with China on a mutually acceptable solution,” said Valdis Dombrovskis, the E.U.
Persons: , Valdis Dombrovskis Organizations: European Union Locations: China, Brussels, Beijing
Hungarian Prime Minister Viktor Orban (L) talks with Ukrainian President Volodymyr Zelenskyy (R) in the Europa building prior the start of the meeting on June 27, 2024, in Brussels, Belgium. Hungarian Prime Minister Viktor Orban arrived in Ukraine on Tuesday for his first wartime visit to the battle-torn country. Orban, meanwhile, communicated Hungary's intentions to improve ties with Ukraine and sign a broad bilateral cooperation agreement, while urging Zelenskyy to consider a quick cease-fire to accelerate peace talks, Reuters reported. Orban absented from last month's Ukraine Peace Summit in Switzerland, where Hungary was instead represented by Foreign Minister Peter Szijjarto. The Hungarian prime minister has also been one of the few Western leaders to meet the increasingly isolated Kremlin leader Putin since Russia's full-scale invasion of Ukraine.
Persons: Viktor Orban, Volodymyr Zelenskyy, Orban, Zelenskyy, Vladimir Putin, Orban's, " Orban, Orban absented, Peter Szijjarto, Putin, Donald Trump, Jens Stoltenberg Organizations: European Union, Kyiv, Ukrainian, Reuters, nonmember Kyiv, Ukraine Peace Summit, Foreign, Associated Press, NATO Locations: Europa, Brussels, Belgium, Hungarian, Ukraine, Hungary, Moldova, Switzerland
Viktor Orban, Hungary's prime minister, arrives on day one of the European Union (EU) leaders summit at the EU Council headquarters in Brussels, Belgium, on Monday, May 30, 2022. Hungary's motto for its presidency — Make Europe Great Again — raised eyebrows for its resemblance to the famous tagline of former U.S. President Donald Trump. The EU presidency rotates among its member countries, and while the post holds little real power, it does allow countries to put their priorities high on Europe's agenda. As Hungary's takeover approached, leaders in Brussels rushed to push through important policy decisions while Belgium was still at the helm. "(A Hungarian) delay, according to most European leaders, is already calculated and being taken into consideration as if it's something which is most likely going to happen."
Persons: Viktor Orban, Hungary's, Viktor Orbán, Donald Trump, Dorka Takácsy, , Takácsy, Orbán Organizations: European Union, EU, , Centre, Integration, Budapest Locations: Brussels, Belgium, Hungary, Ukraine, Russia, China, Moldova
EU leaders pick von der Leyen for second term as Commission chief
  + stars: | 2024-06-28 | by ( ) www.cnbc.com   time to read: +2 min
European Union leaders agreed to nominate Ursula von der Leyen of Germany for a second five-year term as president of the European Commission, the EU's powerful executive body. Hungarian Prime Minister Viktor Orban, another right-winger, voted against von der Leyen and did not vote for Kallas, diplomats said. Von der Leyen's nomination still needs approval from the European Parliament in a secret ballot - widely seen as a trickier proposition than her endorsement by EU leaders. "It is a matter of convincing - if possible - a broad majority for a strong Europe," von der Leyen said. Von der Leyen hails from the centre-right, Costa from the centre-left and Kallas from Europe's liberal group.
Persons: Ursula von der Leyen, Antonio Costa, Kaja Kallas, Charles Michel, Giorgia Meloni, von der Leyen, Costa, Meloni, Viktor Orban, Von der, Von der Leyen, there's, Kallas Organizations: Union, European Commission, Estonian, European, Italian, Kallas, EU, Kyiv, U.S Locations: Germany, Brussels, Portuguese, Hungarian, Europe, Ukraine, Russia
A photo shows the bell during a bell ceremony of the Euronext Brussels Stock Exchange in Brussels on March 18, 2024. LONDON — European stocks are expected to open in negative territory Thursday as global inflation worries continue to rattle markets. Global market attention is shifting toward fresh U.S. inflation data on Friday, with May's personal consumption expenditures price index, the U.S. Federal Reserve's preferred inflation gauge, due to be released. Data releases in Europe Thursday include Italy's latest consumer and business confidence numbers, and Spanish retail sales. An EU leader' summit begins in Brussels on Thursday and the Bank of England publishes its latest Financial Stability Report.
Persons: Germany's DAX Organizations: Euronext Brussels Stock Exchange, LONDON, CAC, IG, Global, U.S, U.S . Federal, U.S ., Bank of England Locations: Brussels, U.S ., Asia, Pacific, Europe, EU
CNN —France’s snap parliamentary election is one of the most momentous in decades, for both the country and the rest of Europe. Politicians rarely call an election when their party trails in the polls and there is no need to do so. Although Macron was elected to a second presidential term in 2022, his party failed to win an outright parliamentary majority. One theory about why Macron called an election now is that France might soon have been forced to the polls anyway. With Le Pen seeming increasingly likely to succeed him as president in 2027, this election may force her party to take up responsibility beforehand.
Persons: CNN —, Emmanuel Macron, he’ll, ” Kevin Arceneaux, , France’s, Macron, Pen, Antonio Masiello, , Laure Boyer, Hans Lucas, Gabriel Attal – Macron’s, Jordan Bardella, Bardella, Le Pen, Denis, Eric Ciotti, Jordan Bardella's, Julien De Rosa, Jean, Luc Mélenchon, Raphaël, Sylvain Thomas, Mujtaba Rahman, , Rahman, , Jordan, we’re, Macron –, I’m Organizations: CNN, Paris hamstrung, , Sciences Po, Fifth, Assembly, National Assembly, Palais Bourbon, Getty, Sorbonne university, Socialists, New, Eurasia Group Locations: Europe, France, Paris, Fifth Republic, Italy, AFP, Seine, Montpellier, Brussels, Ukraine, Kyiv, Russia
He told Business Insider that his goals are to lose fat, build muscle, and get stronger. Derek said he works out six days a week, doing four strength training sessions and two HIIT workouts. AdvertisementMolloy said Derek isn't eating enough carbs overall, which isn't ideal because he needs energy for his high-intensity workouts and strength training. "Increasing carbohydrate intake could enhance workout performance and recovery," Molloy said. "Lastly, I would just emphasize to Derek the importance of introducing phases into his training," Molloy said.
Persons: , Derek, Mike Molloy, Molloy, Derek isn't Organizations: Service, Insider's Nutrition Clinic, Business Locations: Brussels
CNN —A collision between a train and a bus in Slovakia has killed five people and injured at least five more, according to the country’s emergency services. The emergency response is ongoing at the crash site in Nové Zámky, southern Slovakia, the Slovak Emergency Medical Service said on Thursday evening. “With the deepest sadness, I received the information of a tragic accident that happened late afternoon in Nové Zámky,” Slovak Health Minister Zuzana Dolinková said in a social media post. I wish the injured a speedy recovery and thank the doctors and rescue teams for their work done. I wish such catastrophes would avoid Slovakia in the future,” he wrote.
Persons: ZSSK, Zuzana Dolinková, ” Slovakia’s, Peter Pellegrini, Organizations: CNN, Slovak Emergency Medical Service, Associated Press, AP, Slovak Health, European Union Locations: Slovakia, Nové Zámky, Slovak, Czech, Prague, Budapest, Sturovo, Hungarian, Nové, Brussels
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUkraine's Zelenskyy expresses hope that countries will be on the 'right side of history, our side' as elections take placeUkrainian President Volodymyr Zelenskyy answers a question from CNBC at the European Council in Brussels.
Persons: Volodymyr Zelenskyy Organizations: CNBC, European Locations: Brussels
Mark Rutte, the long-serving Dutch prime minister, was formally named the new secretary-general of NATO on Wednesday, putting an experienced, strongly pro-Ukraine leader with a reputation for conciliation at the head of the alliance. The decision, sealed by NATO ambassadors during a meeting at the 32-nation alliance’s headquarters in Brussels, removes a potentially contentious issue from the alliance’s 75th anniversary summit meeting next month in Washington. President Biden and his NATO counterparts will formally welcome Mr. Rutte to their table at a summit, which begins on July 9. Long a favorite of Mr. Biden for the post, Mr. Rutte served as the Dutch prime minister four times, for nearly 14 years, building complicated coalitions through debate and compromise. Those skills should serve him well in an alliance that works by consensus, where one country can block the intentions of the rest.
Persons: Mark Rutte, Rutte, Jens Stoltenberg, Donald J, Trump, Biden, Long, Mr Organizations: NATO, Ukraine Locations: Ukraine, Brussels, Washington
Why Europe’s youth are flirting with the far-right
  + stars: | 2024-06-25 | by ( Christian Edwards | ) edition.cnn.com   time to read: +11 min
In this month’s European Parliament elections, far-right parties performed predictably well – but especially, and unexpectedly, among young people. Far-right parties enjoyed a similar uptick in support in the Netherlands, Spain, Portugal, Austria, and continued to do well in Italy. Gonzalo Fuentes/ReutersBut young voters appear less concerned by these roots, says Simon Schnetzer, author of a recent survey of Germany’s youth. But the burst in support for far-right parties could spell a darker trend. This success of far-right parties should be a warning to Europe’s mainstream.
Persons: CNN — Pollsters, , , , Roberto Foa, ” Foa, “ I’m, Alice Weidel, Tino Chrupalla, Annegret Hilse, You’d, Le Pen, Donald Trump, Emmanuel Macron, Jordan Bardella, Arthur Prevot, Macron’s, Prevot, Macron, Jonathan Verbeken, Gonzalo Fuentes, Simon Schnetzer, “ Young, Lee Heinrichs, ” Heinrichs, Ursula von der Leyen, Maximilian Krah, ” Nigel Farage, Maja Smiejkowska, Nigel Farage –, Farage, Andrew Tate, emasculated, Tate –, Tate, shouldn’t, vociferously, Foa Organizations: CNN, Centre, Democracy, University of Cambridge, National, Confederation, Reuters, White House, German Green Party, Greens, Reform UK Locations: United States, United Kingdom, Brussels, Europe, Germany, Poland, Netherlands, Spain, Portugal, Austria, Italy, Berlin, Britain, Jordan, Paris, France, Paris ’, Marseille, Ukraine, Syria, Sylt, Deutschland, London, Romania
Trade between the US and Germany was 63.2 billion euros in the first quarter of 2024, edging out the 60 billion euros of trade between China and Germany, according to data from the German government. AdvertisementElectric vehicles are causing riftsAutomobiles are at the center of a new dispute between China and Germany. Nearly a third of German car sales in 2023 came from China, according to Reuters, leaving the industry vulnerable to a trade war. The slump in German exports to China is a sign of vulnerability in trade relations, according to the FT. In 2022, trade between China and Germany was 50 billion euros greater than that between Germany and the US.
Persons: , Biden, EVs, Robert Habeck, Habeck, Oliver Rakau, Martin Wolf Organizations: Service, Business, European Union, Bloomberg, European Commission, BMW, Porsche, Volkswagen, Reuters, EU, European Union Chamber of Commerce, Atlantic Council, Oxford Economics, US, Trump, Biden Locations: China, Germany, Russia, Ukraine, West, Beijing, European, materializing, Red, Europe, Brussels
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