Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "BRUSSELS"


25 mentions found


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
In European Parliament elections this month, voters in most of the European Union’s 27 countries rallied to parties that hold the union in contempt. Analysts have leaped to the conclusion that the European Union must have done something wrong. In Germany, where a hard-right party anchored in the formerly Communist East got more votes than any of the three governing parties, voters cited highhanded energy policies. But the European Union’s governing machinery in Brussels is never where voters’ hearts and hopes are. The union is looking more and more like one of those 19th- and 20th-century projects to universalize the un-universalizable, like Esperanto.
Persons: Emmanuel Macron Organizations: European Union, Communist Locations: France, Germany, Communist East, Brussels, Esperanto
EU and China set for talks on planned electric vehicle tariffs
  + stars: | 2024-06-23 | by ( ) www.cnbc.com   time to read: +5 min
The EU and China have reportedly agreed to start talks on the planned imposition of tariffs on Chinese-made EVs. Germany's Economy Minister Robert Habeck said he had been informed by EU commissioner Valdis Dombrovskis that there would be concrete negotiations on tariffs with China. The minister had said earlier on Saturday that the European Union's door was open for discussions regarding EU tariffs on Chinese exports. Proposed EU tariffs on Chinese goods are not a "punishment", Habeck told Chinese officials earlier in Beijing. Proposed EU duties on Chinese-made EVs would hurt both sides, Zheng added.
Persons: Robert Habeck, Valdis, Wang Wentao, Habeck, Habeck's, Zheng Shanjie, Zheng, Valdis Dombrovskis Organizations: Afp, Getty Images, European Union, Germany's, EU, European Commission, Russia, National, Reform Commission, Chinese Commerce, EU Trade Locations: Taicang Port, Suzhou, China's, Jiangsu Province, EU, China, Getty Images China, Shanghai, Beijing, Brussels, Berlin, Ukraine, Russia, Europe, U.S, Brazil, Turkey, Germany
Barring a major shock, Labour leader Keir Starmer will be the person walking through the famous black door of 10 Downing Street in less than three weeks’ time. His parents were political, naming their eldest after the first Labour leader in parliament, Keir Hardie. “He’s the first Labour leader in a generation to talk about class and snobbery,” Tom Baldwin, author of “Keir Starmer: The Biography,” told CNN. Jeremy Corbyn, then the Labour leader, made Starmer his Brexit chief following the 2016 referendum. Starmer, left, and then-Labour leader Jeremy Corbyn talk to the media at the EU Commission headquarters on March 21, 2019 in Brussels, Belgium.
Persons: Rishi Sunak, Conservative Party –, , Keir Starmer, Starmer, John Stillwell, Keir Hardie, , ” Tom Baldwin, “ Keir Starmer, , , ” Baldwin, Jeremy Corbyn, Corbyn, Osama bin Laden, Thierry Monasse, Boris Johnson, James Schneider, Dominic Grieve, ” Grieve, Grieve, ” Starmer, Stefan Rousseau Organizations: CNN, Conservative Party, Labour Party, Labour, Downing, Great, Great British Energy, European Union, Public Prosecutions, Crown, Service of, Wales –, University of Leeds, University of Oxford, NATO, EU, Conservative, Conservatives Locations: Britain, Great British, Service of England, London, Brussels, Belgium, Lancing, West Sussex
Proposed European Union tariffs on Chinese goods are not a "punishment," Germany's Economy Minister Robert Habeck told Chinese officials in Beijing on Saturday. Habeck's visit to China is the first by a senior European official since Brussels proposed hefty duties on imports of Chinese-made electric vehicles (EVs) to combat what the EU considers excessive subsidies. China warned on Friday ahead of his arrival that escalating frictions with the EU over EVs could trigger a trade war. "It is important to understand that these are not punitive tariffs," Habeck said in the first plenary session of a climate and transformation dialogue. Countries such as the U.S., Brazil and Turkey have used punitive tariffs, but not the EU, the economy minister said.
Persons: Robert Habeck, Habeck's, Habeck Organizations: EU Locations: Beijing, China, Brussels, U.S, Brazil, Turkey, Europe
CNN —The US appears to have expanded its agreement with Ukraine to strike over the border inside Russian territory wherever Russian forces are engaging in cross-border attacks into Ukraine, not just in the Kharkiv region as was previously determined. National Security Adviser Jake Sullivan told PBS News on Monday that the agreement with Ukraine to fire into Russia extends wherever Russian forces are attempting to invade. “It extends to anywhere that Russian forces are coming across the border from the Russian side to the Ukrainian side to try to take additional Ukrainian territory,” Sullivan said, adding that it’s “not about geography. The change marks a significant shift in the limited nature of the agreement between the US and Ukraine. “Russia opened a new front, they opened the front in the north in Kharkiv, where they’re attacking directly from Russian territory just over the border.
Persons: Jake Sullivan, ” Sullivan, Charlie Dietz, ” Dietz, Joe Biden, there’s, Jens Stoltenberg, Ukraine “, ” Stoltenberg, I’ll, , There’s, John Kirby Organizations: CNN, National, PBS, Pentagon, US Defense Department, NATO, National Security Locations: Ukraine, Kharkiv, Russia, Brussels, , Russian
Read previewRussian President Vladimir Putin made his first visit to North Korea in 24 years on Wednesday, with North Korean leader Kim Jong Un saying the two nations have upgraded their partnership to "a new high of alliance." AdvertisementState-run Russian news agency TASS reported that North Korea returned the favor by gifting Putin several pieces of art depicting his likeness. "North Korea is supporting Russia right now," he added, "but I think more significant is that now, at least in theory, Russia will have to support North Korea." AdvertisementRussia and North Korea have developed closer ties since the launch of Russia's full-scale invasion of Ukraine in February 2022. CNN noted that while Putin did not explicitly describe the new agreement as an alliance, he acknowledged that ties between North Korea and Russia have reached a "new level."
Persons: , Vladimir Putin, Kim Jong Un, Kim, gifting Putin, Putin, Ramon Pacheco Pardo, Antony Blinken, Biden Organizations: Service, North, Yonhap News Agency, Business, Korean, TASS, KF, VUB, Brussels School, Governance, Vrije Universiteit Brussel, UN, Ukraine, NBC News, CNN Locations: North Korea, Korea, VUB Korea, Vrije, Russia, Moscow, Pyongyang, Ukraine
Add an entry to the list of troubles facing President Emmanuel Macron of France less than two weeks before pivotal legislative elections: potential financial penalties by the European Union for failure to rein in the nation’s ballooning deficit and debt. Mr. Macron threw French politics into disarray earlier this month by calling for snap parliamentary elections after his party was battered by the far right in European Parliament elections. The fiscal warning by E.U. authorities set the stage for a possible confrontation between Brussels and Paris. institutions, and want to ease rather than tighten fiscal policy.
Persons: Emmanuel Macron, Macron Organizations: European Union, National, Marine, National Rally, New Locations: France, Brussels, Paris
Watch CNBC's full interview with the EU's Margrethe Vestager
  + stars: | 2024-06-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with the EU's Margrethe VestagerMargrethe Vestager, the EU's competition chief, speaks to CNBC's Silvia Amaro in a wide-ranging interview in Brussels.
Persons: Margrethe Vestager Margrethe Vestager, CNBC's Silvia Amaro Locations: Brussels
Executive Vice President of the European Commission for A Europe Fit for the Digital Age Margrethe Vestager talks to media in the Berlaymont, the EU Commission headquarter on May 23, 2024 in Brussels, Belgium. The European Union may be no economic match for its U.S. and China trade partners, but it can seek to contend with them strategically, the bloc's competition chief said Tuesday. Margrethe Vestager told CNBC that the EU had become "much better" at defending itself against unfair trade practices, and that it would continue to find novel ways of competing equitably with its economic partners. "The point is to realise we can never outspend China or the U.S.," Vestager told Silvia Amaro in Brussels. It follows similar measures by the U.S. last month, the latest phase in a growing trade tensions between the two economic powerhouses.
Persons: Margrethe Vestager, Vestager, Silvia Amaro Organizations: European Commission, European, CNBC, EU, EV, U.S Locations: Brussels, Belgium, China
Beijing has launched an anti-dumping investigation aimed at certain pork products from the European Union, days after the Brussels raised tariffs on Chinese vehicles. China's Ministry of Commerce announced Monday it had opened an investigation into imported pork and its by-products originating from the EU, including pork offal, pig fat, pig intestines, bladders, and stomachs. The investigation is expected to conclude within 12 months, though it could be extended for a further six months, the ministry said. The European Union Chamber of Commerce in China said the EU pork investigation was Beijing's retaliation for recent tariffs on Chinese EVs. In response to questions, a Chinese commerce ministry official said the probe was first initiated by a formal complaint by a domestic industry group, the China Animal Agriculture Association.
Organizations: European Union, China's Ministry of Commerce, European Union Chamber of Commerce, EU EV, CNBC, China Animal Agriculture Association Locations: Beijing, Brussels, China
'It's how the EPP works, they always want more,' analyst says
  + stars: | 2024-06-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'It's how the EPP works, they always want more,' analyst saysJacob Kirkegaard, senior fellow at The German Marshall Fund of the United States, joins CNBC's Silvia Amaro in Brussels as leaders fail to come to an agreement on who will hold the EU top jobs following the elections.
Persons: Jacob Kirkegaard, CNBC's Silvia Amaro Organizations: EPP, German Marshall Fund of, EU Locations: United States, Brussels
EU countries approve landmark nature law after delays
  + stars: | 2024-06-17 | by ( ) www.cnbc.com   time to read: +2 min
The nature restoration law is among the EU's biggest environmental policies, requiring member states to introduce measures restoring nature on a fifth of their land and sea by 2030. EU countries' environment ministers backed the policy at a meeting in Luxembourg, meaning it can now pass into law. "I know I will face opposition in Austria on this, but I am convinced that this is the time to adopt this law," Gewessler told reporters. Belgium, which holds the EU's rotating presidency and chairs meetings of ministers, said the Austrian government dispute would not affect the legality of the EU ministers' vote. EU countries and the European Parliament negotiated a deal on the law last year but it has come under fire from some governments in recent months amid protests by farmers angry at costly EU regulations.
Persons: Leonore Gewessler, Gewessler, Chancellor Karl Nehammer's, Karoline Edtstadler Organizations: Climate, Energy, Mobility, Innovation, European Union, European, Union, Greens, People's Party, EU Locations: European, Brussels, Luxembourg, Austria, Belgium, Austrian
Read previewEast Asia has some of the world's lowest fertility rates, forcing countries in the region to think hard about how to maintain their military strength. This is particularly concerning given the rise in tensions between North and South Korea, and between China and the US. China, Japan, and South Korea have fertility rates below the global replacement rate — resulting in declining populations. South Korea's fertility rate was 0.72 in 2023, the lowest in the world, compared to the global average of 2.2, according to The Lancet. Hughes said that, like South Korea, Japan has been left thinking about how automation and AI can mitigate the worst effects of a shortage of an army-age population.
Persons: , Ramon Pacheco Pardo, Pardo, Chris Hughes, Hughes, They've, it's, China's Organizations: Service, Business, KF, VUB, Brussels School, Governance, Vrije Universiteit Brussel, South Korean, North, - Defense Forces, University, Warwick, Self - Defense Forces, Japan Times, Liberation Army, Nikkei Asia Locations: Asia, North, South Korea, China, Japan, Korea's, VUB Korea, Vrije, North Korea, Korea, Israel, Pardo, Ukraine, Russia
London CNN —Beijing has launched an investigation into prices of pork from the European Union, targeting a major EU food export just days after Brussels hiked tariffs on electric vehicles from China. A hike in import tariffs could be very costly for European pork producers if it ends up hurting demand in China, the world’s largest pork market and the main destination for EU pork exports. The EU is the second-biggest pork producer after China. According to EU customs data, the bloc exported more than €2.5 billion ($2.7 billion) worth of pork, including offal, to China last year. Beijing had been widely expected to use targeted measures to try to dissuade EU officials from permanently adopting higher tariffs on electric cars imported from China, a decision the EU must make by November.
Persons: Olof Gill, Gill, , Xu, Maisie Linford Organizations: London CNN —, European Union, China’s Ministry of Commerce, EU, European Commission, World Trade Organization, WTO Locations: London CNN — Beijing, Brussels, China, Beijing, Spain, Netherlands, Denmark, France, Europe
On the leafy campus of a Dutch-speaking university, students have for months been demanding that their institution break ties with Israeli academia over the war in Gaza. Their campaign borrows extensively from the U.S. campus protest playbook. The students have set up an encampment. They have staged daily demonstrations. But in Belgium’s capital, the protest at Vrije Universiteit Brussel, or V.U.B., has been far more peaceful because of a unique combination of factors: a supportive political environment (Belgium is a vocal critic of Israel); a proactive rector; strict protest rules; and, crucially, a tiny campus Jewish community that has chosen not to confront protesters despite discomfort over some of the protests.
Organizations: Vrije Universiteit Brussel Locations: Gaza, U.S, Israel, Palestine, United States, Belgium’s, Vrije, Belgium
Representatives from the warring nations held peace talks in the early weeks of the Russian invasion. It was the only time that Ukrainian and Russian officials are known to have engaged in direct peace talks. This includes the Crimean Peninsula, which Mr. Putin annexed in 2014 in a swift operation that he considers central to his legacy. At another point, Russia’s lead negotiator, Mr. Medinsky, interrupted a video conference by claiming that Mr. Putin was phoning him directly. There were signs that Mr. Putin was micromanaging not only the Russian invasion but also the peace talks.
Persons: Vladimir V, Putin, , Putin’s, … ”, , Oleksandr Chalyi, Mr, Vladimir Medinsky, Oleksii Reznikov, Vladimir Putin, Leonid Slutsky, Medinsky, , Aleksandr Fomin, Reznikov, Ukraine’s, … “, Sergey Ponomarev, Ukraine —, Andrzej Duda, Duda, Putin “, Recep Tayyip Erdogan, Murat Cetin Muhurdar, Russia’s, Zelensky, , , , Daniel Berehulak, Davyd Arakhamia, ” “, Roman Abramovich, ” Mr, Arakhamia, Abramovich, micromanaging, Nanna Heitmann, France —, Laetitia Vancon, Kamala Harris, Volodymyr Zelensky, “ Putin, Marc Weller, Russia “, Weller Organizations: The New York Times, Ukraine, Kremlin, NATO, , Russian Federation, , European Union, West, Ministry, Times, Europe’s, Russian, Moscow, Donetsk People's, Nazi, U.S, Ukrainian, Turkish Presidential Press Service, Agence France, The Times, Russia, New York Times, stoke, Cambridge Locations: Ukraine, Russia, Moscow, Kyiv, Crimean, Switzerland, Ukrainian, Crimea, “ Ukraine, Republic of Crimea, Sevastopol, , … ” Russia, Russian, ” Russia, Istanbul, Geneva, Belarus, Western, Russia’s, Donetsk, Donetsk People's Republic, Luhansk People's Republic, Simferopol, Poland, Germany, France, European, Brussels, Turkish, Zelensky, , Great Britain, China, United States, Turkey, Canada, Italy, Israel, Bucha, Washington, Swiss, Russians
CNN —FIFA is facing a legal challenge over the world governing body’s “unilateral” decision to set the international match calendar – notably an expanded 32-team FIFA Club World Cup – unions representing soccer players said in a statement on Thursday. CNN has reached out to FIFA for comment on the legal action. As their union, we have a duty to intervene and to enforce their legal rights as employees. Manchester City lift the Club World Cup trophy in 2023 - the competition is set to expand from seven teams to 32 in 2025. Francois Nel/Getty ImagesIn addition to the larger Club World Cup, all three European club competitions will be expanded to 36 teams for the 2024/2025 season.
Persons: , , David Terrier, “ It’s, Maheta Molango, , Molango, Gianni Infantino, ” Infantino, Francois Nel, Vinícius Júnior, Ballon d’Or, Ronaldinho, Vinícius Jr, Jude Bellingham, Wayne Rooney –, David Beckham Organizations: CNN, FIFA, FIFA Club, English, ’ Association, des, FIFPRO, European Court of Justice, of Fundamental, Commerce, PFA, World League, of Football, FIFA Congress, Manchester City, Champions League, Europa League, Conference League, Manchester United Locations: FIFPRO Europe, Europe, United States, Brussels, FIFPRO, Bangkok, Manchester, Real Madrid, Brazil, Madrid, England, Bellingham
The European Commission, the EU’s executive arm, launched the probe in October to establish whether Chinese EV prices are artificially low because of subsidies and so hurt European carmakers. Europe is the main destination for Chinese EV exports. The new EV tariffs are likely to kick off intense negotiations between Beijing and Brussels aimed at averting a damaging trade war. Many of them manufacture cars in China and then sell them in Europe, a set-up that will be more costly as a result of the higher tariffs. Alternatively, Beijing could pledge investment into EU countries and promise better market access in China for EU firms, the Rhodium analysts wrote.
Persons: ” Will Roberts, BYD, Roberts, , Olaf Scholz, , Joe Biden, Olesya Dmitracova, Mark Thompson, Shawn Deng, Alex Stambaugh Organizations: London CNN, European Union, European Commission, Commission, Volvo, SAIC, EV, EU, Rho Motion, China’s Ministry of Commerce, Rho, Renault’s, CNN, , France EU, Group Locations: China, Beijing, European, Brussels, Washington, EU, Europe, Renault’s Dacia, “ Beijing, Germany, France, Spain, United States, Hungary, London, Hong Kong
Far-right parties across the continent had strong showings, but their momentum did not cause the center ground of European politics to cave in – as many had predicted. Those gains did materialize; far-right groups were expected to secure a record number of seats in the European Parliament, dealing a major blow to the continent’s establishment leaders. Most of the far-right gains were concentrated in countries that elect large numbers of seats: France, Italy and Germany. Several other far-right parties are among the non-aligned (NI) group, predicted to secure 45 seats. The center holdsDespite a far-right surge, the centrist European People’s Party (EPP) was the biggest single winner on Sunday night.
Persons: , Maximilian Krah, Ursula von der Leyen, , Von der Leyen, ” Von der Leyen, Emmanuel Macron, Marine Le, ” Macron, Marion Maréchal, Jordan Bardella, Alexander De Croo, ” De Croo, Meloni, Tusk, Giorgia Meloni, Brothers, Benito Mussolini, von der Leyen, Donald Tusk’s, Viktor Orbán, Bas Organizations: CNN, Green, Nazi, European People’s Party, EPP, Progressive Alliance of Socialists, Commission, Ukraine, Marine, Assembly, French, Ministry, Italy’s, Italy, Law and Justice, PiS, European, Fidesz, Greens, Bas Eickhout, EFA, European Green Party, European Commission Locations: , France, Europe, Italy, Germany, Brussels, France’s, , Ukraine, Poland
An employee enters sliding doors decorated with the stars of the European Union (EU) flag at the Berlaymont building, headquarters of the European Commission (EC), in Brussels, Belgium, on Tuesday, Jan. 28, 2020. LONDON — European stocks are expected to open lower Monday as traders react to initial results from the EU Parliament elections which suggest far-right parties have surged in popularity. The U.K.'s FTSE index is seen 57 points lower at 8,193, Germany's DAX 45 points lower at 18,507, France's CAC 40 down 45 points at 7,952 and Italy's FTSE MIB 60 points lower at 34,629, according to IG. Regional markets will be focused on the results of EU parliamentary elections, which took place over the last few days. The EU election drama was rounded off Sunday evening when French President Emmanuel Macron called snap parliamentary elections later this month after suffering a heavy defeat in the EU vote.
Persons: Germany's DAX, Emmanuel Macron Organizations: European Union, European Commission, LONDON, CAC, IG, Regional Locations: Brussels, Belgium, Britain, EU
Members of European Parliament attend a plenary session in Brussels on April 10. John Thys/AFP/Getty ImagesThe European Parliament is the legislative branch of the European Union and one of the bloc’s three main institutions, along with the European Commission, which is the executive branch, and the European Council, which is made up of ministers from the governments of the 27 member states. In order for any legislation to be implemented, both the council and parliament have to agree. It often has the final word on major policy issues such as the budget, trade and sanctions on foreign nationals. For example, A comprehensive mutual investment agreement between the EU and China is effectively on hold while some MEPs are under sanctions from China.
Persons: John Thys, Germany’s Ursula von der Leyen Organizations: European, Getty, European Union, European Commission, European Council, EU Locations: Brussels, AFP, Belgium, Strasbourg, France, China
CNN —Far-right parties are predicted to win a record number of seats in the European Parliament, a result that, if confirmed, would deliver a stinging rebuke to Brussels’ political mainstream and add uncertainty to Europe’s future direction. Most of the far-right gains were concentrated in countries that elect large numbers of seats: France, Italy and Germany. Alternative for Germany (AfD) party co-leaders Alice Weidel and Tino Chrupalla cheer the exit poll in Berlin, Germany, June 9, 2024. Annegret Hilse/ReutersWhile the far-right surge may further complicate Brussels’ bid for unity, the far-right parties themselves remain relatively divided. Several other far-right parties are among the non-aligned (NI) group, predicted to secure 45 seats.
Persons: Ursula von der Leyen, , , Europe’s centrists, Le, Emmanuel Macron, Jordan Bardella, ” Macron, Brigitte Macron, Stephane Lemouton, Olaf Scholz, Scholz, shored, ” von der Leyen, Alice Weidel, Tino Chrupalla, Annegret Hilse, Maximilian Krah, Roberta Metsola Organizations: CNN, European People’s Party, EPP, Macron’s Renaissance Party, Socialists, Social Democrats, Christian Democrats Party, CDU, EU, Forces, Reuters, Nazi, SS, Brussels Locations: Brussels, France, Italy, Germany, France’s, Europe, Britain, Russia, Ukraine, Kyiv, Berlin
Europe’s center ground is shifting further to the right
  + stars: | 2024-06-09 | by ( Luke Mcgee | ) edition.cnn.com   time to read: +6 min
And while the far right is on course to make large gains, the center parties remain ahead. For those on the center right, domestic political shifts to the hard right could make working with the hard right increasingly attractive at a European level. The deadline for this is months away, which leaves a lot of time for horse-trading, which could see elements of the center right and hard right cooperate. It’s not implausible that the center right could vote with the left on issues like support for Ukraine, but then work with the hard right on immigration and climate policy. That was the result of years of domestic politics shifting in the UK, the center right shifting to fend off the hard right, ultimately leading to that rupture.
Persons: , it’s, It’s, Emmanuel Macron, Pen, Macron, Brothers, Benito Mussolini, Ursula von der Leyen, she’s Organizations: CNN, European Union, EU, European People’s Party, Socialists, Democrats, Europe Greens, Conservative Reformers, European Locations: Europe, Ukraine, Brussels, Netherlands, France, Italy, EU
Election season in Europe rarely sets the pulse racing. But citizens, the people charged with voting in members of Parliament, did not seem to care that much. I’ve seen their interest firsthand. Why is politics in Brussels, which has always been seen as boring and technocratic, suddenly becoming almost sexy? As citizens are drawn more into continental politics, the democratic deficit in Europe is slowly beginning to evaporate.
Organizations: European Union Locations: Europe, Brussels, Netherlands, France, Switzerland, Czech Republic, Ukraine
Total: 25