China warns EU over ‘Made in Europe’ plan, vows countermeasures

China warns EU over ‘Made in Europe’ plan, vows countermeasures

Beijing slammed on Monday an EU plan aimed to bolster the bloc’s industries in opposition to fierce competitors from China, vowing countermeasures whether it is enacted. The EU unveiled in March new “Made in Europe” guidelines for corporations attempting to entry public funds in strategic sectors together with cars, inexperienced tech and steel, obliging companies…

Read More
A hard-won exclusive flies around the globe as IEA chief warns of jet-fuel shortages

A hard-won exclusive flies around the globe as IEA chief warns of jet-fuel shortages

Six weeks — that’s how lengthy Europe had earlier than working out of jet gas, in accordance with an exclusive report by Paris-based correspondent John Leicester that shortly reverberated around the world. Leicester secured uncommon entry to International Energy Agency Executive Director Fatih Birol after persistent outreach, beating out a whole lot of competing interview…

Read More
After Virginia redistricting win, top House Democrat warns Republicans plans to redraw Florida maps could backfire – live | US politics

After Virginia redistricting win, top House Democrat warns Republicans plans to redraw Florida maps could backfire – live | US politics

Top House Democrat tells Florida’s Ron DeSantis his redistricting plans could backfire on Republicans Hello and welcome to the US politics live weblog. The vote to approve new congressional maps in Virgina places strain on Florida governor Ron DeSantis, who has referred to as a particular session subsequent month to think about tit-for-tat adjustments to…

Read More
Iran warns it has ‘new cards on the battlefield’ as Pakistan prepares for possible peace talks

Iran warns it has ‘new cards on the battlefield’ as Pakistan prepares for possible peace talks

Preparations in place in Islamabad, however uncertainty if talks will truly occurprinted at 06:56 BST 06:56 BST Azadeh MoshiriSouth Asia correspondent, reporting from Islamabad Image supply, Reuters This morning in Islamabad, preparations are nonetheless in place for possible talks. Driving by way of the capital, there are nonetheless safety checkpoints and “Islamabad Talks” posters lining…

Read More
The explosion of U.S. debt is wiping out the ‘safety premium’ of Treasury bonds, IMF warns

The explosion of U.S. debt is wiping out the ‘safety premium’ of Treasury bonds, IMF warns

Soaring U.S. debt is inflicting Treasury bonds to lose their threat benefit over different securities, making it costlier to borrow cash, the International Monetary Fund warned. Treasuries have lengthy loved the standing as the world’s high protected haven asset. But annual funds deficits are actually at $2 trillion, quickly piling on to the $39 trillion…

Read More