There were no casualties, but a small fire was caused by an explosion in the ship’s hull and had to be put out by the crew, said Ali Ghiasian, a spokesman for Iran’s shipping group. “Such terrorist acts amount to naval piracy, and are contrary to international law on commercial …
Read More »EU has no interest in Irish peace, says Northern Ireland’s FM, as Europe threaten legal action against UK
Speaking on Friday, Northern Ireland’s first minister, Arlene Foster, said that the EU is not interested in the issue of peace on the island of Ireland. “What they’re only interested in is protecting their bloc, they’re not interested, as they claim to be, in protecting the Belfast agreement,” Foster told …
Read More »Russian withdrawal from Council of Europe over perceived Human Rights court bias would be a lose-lose situation for everyone
This is hardly unique to Moscow. The British government, for instance, has also displayed some decided annoyance with the European Court of Human Rights (ECtHR). But Russia gets hit more often by the court than any other country, resulting in growing frustration at the highest levels. Two recent ECtHR verdicts …
Read More »Europe must hurry up with Covid-19 health certificates or Apple & Google could get there first, EU Commission president warns
European leaders got together for a large two-day video conference on Thursday, discussing the outstanding issues the bloc faces. The coronavirus situation and the EU’s response to it are among the main topics, with the issue of the proposed health certificates – or passports – remaining highly divisive. While, in …
Read More »The Great Atlantic Schism is here: Between US and China, Europe will choose its own path
Over 70 years ago, the United States forged the beginning of a new transatlantic order through the initiation of first, the Marshall Plan to rebuild the war-torn economies of Europe, and then secondly, the NATO alliance, framed as a protection from the perceived threat of the Soviet Union. Depicting themselves …
Read More »China outpaces US as Europe’s largest trade partner in 2020
According to the data published by the European Union’s statistics office, Eurostat, the 27-nation bloc’s imports from China hit €383.5 billion ($465.6 billion) in 2020, increasing by 5.6 percent year-on-year. Exports were up 2.2 percent to reach €202.5 billion ($245.9 billion). At the same time, trade with the US – …
Read More »Europe & UK betting big on India, with mega trade deals on the way
According to the Economic Times, citing its sources, they plan to further deepen bilateral trade and investment relationship through a series of regular engagements, aiming at quick deliverables for businesses in these tough times. People familiar with the matter said that Europe will be a key focus for India in …
Read More »China’s trade turnover with Central and Eastern Europe tops $100 billion despite pandemic-hit 2020
The year-on-year growth of 8.4 percent to $103.45 billion was faster than China’s annual trade turnover with Europe as a whole, and faster than the country’s yearly foreign trade growth rate for the year, spokesman Gao Feng said. China’s trade volume with Central and Eastern European states has seen a …
Read More »China building digital Silk Road stretching from Asia through Africa to Europe
The fiber cable will link to the Pakistan East Africa Connecting Europe (PEACE) submarine cable in the Arabian Sea, to service countries participating in BRI, and Europe. It is currently being laid between Pakistan’s Rawalpindi city and the port cities of Karachi and Gwadar. The $240-million project, which is in …
Read More »Russia’s Asian path may benefit stability in Europe by forcing declining EU to deal with Moscow as it is not as it wants it to be
It has pushed Moscow towards Asia, just as the global balance of power flipped. The historical shift of economic power from the West to the East is a catalyst for a revolutionary change in EU-Russian relations. While Asia continues its rise, economic stagnation and relative decline has seemingly destined Europe …
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