Trump fires new 50% tariff threat at EU, drawing stiff response
Washington, United States - President Donald Trump rekindled the US trade war on Friday, threatening to impose a 50 percent tariff on the European Union -- and drawing a strong response from European politicians. If they come into effect, the new duties on Brussels would dramatically raise Washington's current baseline...
Oil prices up as traders weigh demand and supply issues
Oil began inching upward on Thursday after a day of losses over demand concerns linked to the Covid-19 lockdown in China. Ongoing restrictions in the country, including in the economic hub of Shanghai where tens of millions are confined to their homes, have hit transport networks but traders are balancing...Europe energy market: Will Qatar replace Russia?
The United States has asked Qatar to supply gas to Europe if Russian supplies were disrupted due to Moscow's military operation in Ukraine and the consequent Western sanctions.As EU eyes stopping Russian gas imports, Israel sees an opening
As Europe aims to wean itself off Russian fossil fuel because of the Ukraine invasion, Israel hopes to help fill the gap with gas from its offshore reserves. EU states remain divided on the time scale, but European Commission President Ursula von der Leyen has said the bloc hopes to...EU court rules in favor of Mubarak family on assets freeze
The European Court of Justice ruled Wednesday in favor of the family of late Egyptian president Hosni Mubarak and confirmed the unfreezing of assets blocked over a decade ago. The European Union had decided in March last year to end sanctions it had imposed on Mubarak, his wife, two sons...US to ban “all new investments” in Russia: Report
The United States, in coordination with the G7 and European Union, will ban "all" new investments in Russia on Wednesday in its latest round of sanctions, a source said. The joint measures, in response to Russia's invasion of Ukraine and alleged carrying out of atrocities, "will include a ban on...EU plans to punish Russia more with sanctions on oil or coal
The EU is considering to hit Russia with sanctions on oil or coal over the war in Ukraine, a top official said on Tuesday, though some countries remain worried of the potential economic fallout.Palestinian lawyer sues Israel’s spyware firm in France
Palestinian lawyer Salah Hamouri, who is in Israeli detention, filed a complaint in France Tuesday against surveillance firm NSO Group for having "illegally infiltrated" his mobile phone with the spyware Pegasus.Iran says agreement in paused Vienna nuclear negotiations ‘close’
Iran has been engaged in negotiations to revive the deal, known formally as the Joint Comprehensive Plan of Action (JCPOA), with France, Germany, Britain, Russia and China directly, and the United States indirectly.Russia accused of causing ‘global food crisis’ at UN
'Russia's aggression against Ukraine is increasing the risk of famine around the world,' France's representative to the UN said.Sanctions on Iran’s revolutionary guards to stay despite nuke deal: US
Iran has been engaged in negotiations to revive the accord with Britain, China, France, Germany and Russia directly and the United States indirectly since April 2021.Russian oligarch Abramovich’s superyacht docks in Turkey
Abramovich was among the individuals listed under new sanctions adopted by the European Union last week.Oil prices soar on Saudi, Russian supply fears
Oil prices soared Monday as a weekend attack on Saudi facilities and discussions among European Union members over banning Russian crude raised concerns about global supplies. Top producer Saudi Arabia warned that Yemeni rebel attacks on the kingdom's oil facilities pose a "direct threat" to global supplies, while Baltic states...Ukraine Rejects Putin’s Ultimatum to Surrender Mariupol
The UN has described the humanitarian situation in the city as "extremely dire" with "residents facing a critical and potentially fatal shortage of food, water and medicines."Arab Parliament hails EU decision to sanction Houthi group
The Arab Parliament (AP) welcomed the decision by the Council of the European Union to include the Houthi terrorist militia in its consolidated black list of groups.Palestinian National Authority urges EU to resume financial support
Palestinian National Authority has urged the European Union to overcome technical and other obstacles and resume financial support for the Palestinian Authority in light of the decline in international aid during the past years. This was discussed at a meeting between European Union’s Commissioner for Neighborhood Policy and Enlargement Oliver...US says it is up to Russia, Iran to revive nuclear deal
US State Department spokesman Ned Price has said the US has announced a pause on nuclear negotiation with Iran, and that 'there is very little time remaining' to save the nuclear accord.Living rough in Morocco, migrants dreams of Spanish enclave
Melilla and Ceuta, Spain's tiny enclaves, have the EU's only land borders with Africa that attracts desperate migrants to escape poverty, violence and hunger both at home.Treat Turkey like Ukraine: Erdogan tells EU
"Show Turkey the same sensitivity that we are witnessing towards Ukraine," Erdogan said at a press conference in Ankara.Sanctions bore in on Russia over Ukraine invasion
On Friday, US President Joe Biden extended his country's measures against Russia to include sanctions on President Vladimir Putin and his Foreign Minister Sergei Lavrov, including a travel ban for the two statesmen. Biden was the first world leader to announce sanctions, hours after Putin declared a "military operation" into...Russia invasion kills dozens on first day in Ukraine
US President Joe Biden announced export controls against Russia to cut off more than half of the country's high-tech imports, alongside sanctions on Russian elites and banks. The EU moved to impose "massive" sanctions on Russia's energy and finance sectors, while French President Emmanuel Macron called Putin to "demand immediate...EU to send observers to Lebanon for monitoring parliamentary elections
The European Union will send election observers to monitor Lebanon's May 15 parliamentary polls, at the invitation of Beirut's government, the bloc's foreign service said on Wednesday. The team's chief observer, Gyoergy Hoelvenyi, said in a statement it will be the fourth time the EU has sent observers to Lebanon,...US sanctions cut Russia off from Western financing
US sanctions against Russia announced Tuesday include steps to starve the country of financing, although they did not go as far as some observers had expected. Washington's announcement came after the European Union unveiled its own sanctions in a coordinated Western effort to pressure Russian leader Vladimir Putin.GCC states stress women’s rights to Taliban
Amir Khan Muttaqi, a key member of the Taliban leadership, met in Doha with ambassadors from the six-nation GCC on the first full day of his latest mission.Iraq warns its citizens not to fall victim to asylum fraud
The Ministry of Migration and Displacement (MOMD) has warned the Iraqis to avoid falling victim to fraud by companies that deceived them under the title of immigration and asylum.EU joins chips race with 42 bn euro bid to rival Asia
The production of semiconductors, also known as chips, has become a strategic priority in Europe as well as the United States, after the pandemic choked off supply.GCC, EU hold 4th Trade and Investment Dialogue
The dialogue discusses the new developments in trade and investment exchange.EU nations debate whether nuclear, natural gas energy ‘sustainable’
Hours before the window for lodging objections closed, EU environment and energy ministers meeting in France on Friday differed sharply on a European Commission provision that would classify nuclear and natural gas energy as ‘sustainable’. Countries in the European Union had until midnight Friday to suggest modifications.EU overachieves 2020 renewable energy target
With more than half of gross final energy consumption from renewable sources, Sweden had by far the highest share among the EU Member States in 2020Gaza: TV studios make series as Hamas response to Israeli hit shows
The shows do not feature any Israeli actors, and Palestinians recruited to play Jewish characters are often targeted by people who think they are actually Jewish.Iraq says almost 4,000 repatriated from Belarus borders
Baghdad has repatriated almost 4,000 of its citizens stuck on the Belarus borders with European Union members Poland, Lithuania and Latvia in recent weeks, Iraq's foreign minister said Sunday. Since November 18, the Iraqi government has organized "10 flights from Baghdad to Belarus" to repatriate its citizens, Fuad Hussein told...GCC seeks closer ties with EU to achieve common interests
During the visit, the secretary-general of the GCC will meet a number of senior officials of the European Union.EU foreign policy chief says renewed nuclear deal with Iran ‘possible’
EU foreign policy chief Josep Borrell said Friday that a renewed deal with Iran on curtailing its nuclear program remained "possible" as talks in Vienna advance in a "better atmosphere". "We're arriving at the end of a long process... there's a better atmosphere since Christmas -- before Christmas I was...EU expects more GCC investors for its special program: Official
On 12th October 2021, the European Commission issued its first-ever NextGenerationEU green bondUAE, European Union discuss ways to boost cooperation
The meeting was hosted at the UAE Ministry of Finance’s headquarters in Abu Dhabi.UAE, European Union discuss ways to boost bilateral cooperation
The UAE and the European Union discussed ways of boosting bilateral cooperation between them to achieve mutual benefit across various fields. This discussion is a part of the UAE’s Finance Ministry commitment to strengthen its relations with various countries, and regional and international financial institutions. The Minister of State for...Saudi Aramco and Hungary’s MOL to buy Polish oil assets
Poland's state-owned refiner PKN Orlen announced Wednesday plans to sell oil assets to Saudi Aramco and Hungary's MOL in order to meet EU conditions for its merger with domestic rival Grupa Lotos. Saudi Aramco will buy a stake in Lotos's refinery and MOL will purchase several hundred Lotos petrol stations...European Union says last seven years warmest on record globally
The last seven years have been the hottest on record globally "by a clear margin", the European Union's climate monitoring service reported Monday, as it raised the alarm over sharp increases in record concentrations of methane in the atmosphere. Countries around the world have been blasted by a relentless assault...France hits Google, Facebook with huge fines over ‘cookies’
Cookies are little packets of data that are set up on a user's computer when they visit a website, allowing web browsers to save information about their session.EU moves to label nuclear, gas energy as ‘green’
The fact that the European Commission quietly distributed the text of this proposal to member states late on Friday, in the final hours of 2021 after the much-delayed document had been twice promised earlier in the year, highlighted the rocky road to draft it.Jordan signs pact with Germany, EU to build water projects
The project will improve wastewater treatment and environmentally friendly sludge disposal.Tear gas fired on anti-coup rallies in Sudan
Sudan anti-coup protesters faced tear gas at a democracy rally while General Abdel Fattah al-Burhan defended October's military takeover.Talks to revive Iran nuclear deal will resume next week: EU chair
Officials have said the deal would become obsolete within weeks if Iran continued to step up its nuclear activities as it has been doing since 2019, a year after the United States left the landmark agreement and reimposed sanctions.Iran to expand agricultural ties with European Union
“Iran intends to take advantage of the EU experience to improve agricultural commerce in Iranian villages with emphasis on women’s employment,” an Iranian official said.Austerity, far right: Merkel’s ambivalent legacy
During 16 years in power, she navigated Germany through the 2008 financial turmoil and ensuing eurozone debt crisis, the 2015 refugee influx and then the Covid-19 pandemic.EU-funded $10m project to improve water supply in Gaza City, Jabalia
The Palestinian Ministry of Finance and the KfW German Development Bank have signed an agreement funded by the European Union to improve the availability and reliability of water supply services in Gaza City and Jabalia. Palestinian media reports said the signing ceremony was attended by the Palestinian Prime Minister Mohammad...Iraq sends planes to Belarus to collect over 600 migrants
Hundreds of Iraqis, most of them Kurds, returned home last week on a voluntary repatriation flight from Belarus.Iraq to repatriate citizens ‘who volunteer’ from Belarus
Iraq said on Friday it was drawing up lists of those among the hundreds of Iraqis blocked on the border between Belarus and Poland who wish to be repatriated voluntarily. "We are ready to organize more than one trip to provide an urgent response to anyone wanting to come home...Cyprus seeks to suspend asylum applications
In the first 10 months of the year, 10,868 irregular migrants arrived in Cyprus, 9,270 having illegally crossed the island's dividing line in a "prescribed and conscious policy by Turkey", he said. The current flows added to the more than 33,000 people already illegally residing in the republic, the government...Mideast migrants trapped in border standoff
Belarus leader Alexander Lukashenko accused of luring migrants from the Middle East to his country to send them across the border in retaliation for EU sanctions.EU envoy on nuclear talks meets Iran deputy minister
The talks came a day after US Secretary of State Antony Blinken warned of "other options" if diplomacy failed.