An array of climate funds promise to help poorer countries either stop climate change or adapt to its consequences. But what do they actually cover, and why is it all so contentious? Fossil fuels powered...
The European Commission said it prevented the €1.63 ($1.8 billion) deal in order to protect consumers. Booking owns Booking.com, Kayak and other websites, while eTraveli’s offerings include Gotogate and MyTrip. The European Commission blocked US...
The European auto industry has raised concern about a wave of cheap, new electric vehicles from China hitting the EU market soon. There have been calls to impose punitive tariffs. European Commission President Ursula von...
EU, Latin American and Caribbean leaders are meeting for the first time in eight years. Free trade and climate change are on EU-CELAC summit agenda. The two-day EU-CELAC summit on July 17 and 18 in Brussels...
Brussels says the bloc’s trade with New Zealand could now grow by 80%. In a first for an EU trade pact, there is a section that commits both sides to targets to tackle climate change....
The EU wants to champion “green agriculture” in Southeast Asia. But limited trade relations, regulatory nightmares and distrust could stymie it. As manufacturing and tourism collapsed in the three years of the COVID-19 pandemic, several Southeast Asian governments...
While the big five oil companies registered record profits on the back of the energy crisis, relatively little will be reinvested in renewables as climate goals are slashed. Oil and gas giant Shell last week announced a historic...
As the EU tries to finalize its hydrogen rules, Asian countries are moving fast to secure deliveries and the US is committing money to set up local supply chains. Can the Middle East collaborate with...
There was trans-Atlantic harmony on most issues at a meeting of the recently established Trade and Technology Council. However, a gaping rift exists when it comes to US state support for green cars and renewables....
As the EU attempts to unpick its reliance on Russian gas, it could become more dependent on Chinese supplies, some of which come from Russia. This might undermine the aim of reducing purchases of its...
Rising energy and commodity prices resulting from Russia’s war in Ukraine are slowing Europe’s economic growth and increasing inflation. The European Commission on Monday lowered the eurozone growth forecast for 2022 down to 2.7% from a...
The negative economic effects from Russia’s invasion of Ukraine will significantly hurt global growth, the IMF has said. Increasing food and fuel prices have raised the prospect of unrest in poorer countries. The economic damage...
