The EU regulation for deforestation-free supply chains (EUDR) is to be applied a year later than planned, but its content will not be changed. The negotiators from the EU Parliament and Council agreed on this on Tuesday evening. Rapporteur Christine Schneider (EPP) gave in: Her amendments did not make it into the final text. The […]
More than one million households across large swathes of northern China will be able to stay warm with an emerging source of clean energy this year: geothermal. Less known than wind or solar energy, the technology harnesses the natural heat underground to warm up buildings. It is being rolled out on a large scale in […]
The geopolitical tensions at the start of the new EU Commission cannot be overlooked: Russia’s imperialist war against Ukraine, China’s increasingly aggressive stance, and the uncertainties surrounding Donald Trump’s return to the White House are shaping the global agenda. In this field of tension, we must prevent Germany’s economic weakness from becoming a security policy […]
The budget dispute in France is causing turbulence in the financial market. The risk premium that investors demand to buy French government bonds compared to German government bonds climbed to 0.885 percentage points on Wednesday – the highest level since 2012 when the euro crisis was raging. The French benchmark index CAC 40 fell by […]
Donald Trump is not even in office yet and is already filling his shadow government team with China hardliners and protective tariff advocates. He was the first to nominate Marco Rubio as Secretary of State (whom Beijing calls a China-basher and has so far barred from entering the country). Rubio will be joined by future […]
Another suspected rampage has occurred in China. On Tuesday morning, a 39-year-old man drove his SUV into a crowd of people outside an elementary school in Changde, Hunan. According to state media, children were among the victims. It was not initially clear how many people were injured or killed and whether it was an accident […]
The business model and market abuse of a handful of large Chinese and American tech companies undermine the EU’s ability to protect future generations, ensure elections and national security, and promote business growth. It is already clear that these problems are exacerbated by the extreme political instability in Washington.The space for quality journalism is shrinking […]
The EU budget for the coming year has been finalized. Almost €200 billion can be planned for 2025. This was agreed by negotiators from the EU Parliament and the Member States during the night from Friday to Saturday, as both announced. According to the Parliament, more than an additional €230 million will be available for […]
The trial concerning text messages between EU Commission President Ursula von der Leyen and the head of vaccine manufacturer Pfizer is entering the crucial phase. The oral hearing on the lawsuit filed by the “New York Times” regarding the disclosure of the text messages began on Friday at the General Court of the European Union […]
The EU Commission is somewhat more skeptical about the economy in the eurozone and does not expect a noticeable economic recovery until 2026. The Brussels authority still expects gross domestic product (GDP) in the monetary union to increase by 0.8 percent in 2024, but only anticipates growth of 1.3 percent next year. This is according […]
