Middle East

European Union celebrates its Honour Day at Expo 2020 with ‎captivating gala of music and dance

Editorial Bureau October 24, 2021

DUBAI – The European Union celebrated its Honour Day at Expo 2020 Dubai today (23 October) with a host of cultural performances across the site, culminating in a captivating gala of classical music and dance at Dubai Millennium Amphitheatre. A delegation led by His Excellency Margaritis

World

European Union-style bloc pitched for Latin America, Caribbean

Editorial Bureau September 19, 2021

MEXICO CITY (US) -Latin American and Caribbean nations should aspire to a bloc like the European Union, Mexico’s president and other leaders said at a summit on Saturday, in a bid to wrest influence away from the Washington-based Organization of American States (OAS). For years, a few of the region’s leftist standard-bearers who attended the […]

Europe

EU rejects reworking N. Ireland deal, urges rhetoric dial-down

Editorial Bureau September 10, 2021

BELFAST (Europe) -The European Union rejected a British demand to renegotiate their deal governing the trading position of Northern Ireland, saying that to so would only lead to instability and uncertainty. European Commission Vice-President Maros Sefcovic, who oversees post-Brexit EU relations with Britain, said in a speech on Friday that the Northern Ireland protocol

Europe

EU not into renegotiating North Ireland protocol – EU’s Sefcovic

Editorial Bureau September 8, 2021

BRUSSELS (BELGIUM) – The European Union and Britain can resolve problems over the trading position of Northern Ireland through the protocol agreed between the two rather than to renegotiate it, European Commission vice president Maros Sefcovic said on Tuesday. “I am absolutely convinced, and I think this is clearly the position and the feeling in […]

Tech

Tech gains retain European stocks just below record highs

Editorial Bureau September 6, 2021

European stocks moved towards record levels on Monday, led by gains in technology stocks, as hopes of more economic stimulus bolstered global sentiment. The pan-European STOXX 600 index rose 0.5% to 474.5, holding two points below its all-time high after a weaker-than-expected U.S. jobs data last week boosted hopes of a delayed start to tapering […]

Europe

Norway should retrieve energy regulation from EU, eurosceptic opposition says

Editorial Bureau August 10, 2021

ASKIM (NORWAY) – Power and gas exporter Norway should seek to reclaim authority over energy regulation from the European Union as a first step towards renegotiating its wider ties with the bloc, the leader of the eurosceptic opposition Centre Party told Reuters. Favoured to win power alongside other left-leaning groups in an election next month, […]

Europe

EU will now pay premiums on COVID shots, tougher terms to meet

Editorial Bureau August 3, 2021

BRUSSELS (BELGIUM) – As the bloc tries to protect supplies after a rocky start to its vaccination campaign it has agreed to pay a premium on new orders of COVID-19 vaccines because it is requiring tougher terms to be met, The higher price is less than the United States has agreed to pay in its […]

Europe

Lebanon sanctions, EU adopts legal framework after a year of crisis

Editorial Bureau July 30, 2021

PARIS (FRANCE) – The European Union said on Friday it had adopted a legal framework for a sanctions regime targeting Lebanese individuals and entities after a year of crisis that has left Lebanon facing financial collapse, hyperinflation and food and fuel shortages. In a statement it said the framework provided for the possibility of imposing […]

UK

New agency for cracking down money laundering, EU on a mission to tackle dirty money

Editorial Bureau July 8, 2021

LONDON (UK) – In a bid to come up with tougher actions to fight dirty money, The European Union will propose a new agency to crack down on money laundering and new transparency rules for transfers of crypto-assets. Europe has come under pressure to step up enforcement of anti-money laundering rules after several countries began […]

World

Eighty six Belarus officials and companies blacklisted by EU

Editorial Bureau June 21, 2021

LUXEMBOURG (US) – The European Union will on Monday enforce travel bans and asset freezes on 86 Belarusian individuals and companies. will leave the decision on when to impose economic sanctions to leaders, the bloc’s foreign policy chief Joseph Borrell said. In an attempt to put more pressure on President Alexander Lukashenko over the forced […]