With a key Parliament vote on her Brexit plan looming, Prime Minister Theresa May has warned that a rejection of the deal could take Britain into “uncharted waters.” She also raised the specter of a...
We are in a new phase of playing games: first, to avoid being blamed for a damaging divorce and second, the purely domestic (parochial?) contest to gain the keys to 10 Downing Street. These games...
In the wake of US tariffs on steel and aluminum, the EU has made several counter moves and has now raised tariffs of its own on steel imports which exceed quotas based on current levels....
Right now, investing profitably is getting riskier and investors would do well to look out for developments that could cause major upsets. Avoiding them or limiting the damage to others from them might be called...
Officials from both sides of the Atlantic were unable to reach a deal to avert tariffs two days before the exemption expires. The EU has said it will announce retaliatory measures shortly. US Commerce Secretary...
A spate of recent deals and gas finds in the eastern Mediterranean Sea has positioned Egypt to be a major energy hub. Turkey, which is flexing its military muscles, may be left out. For years,...
There is not much the EU could have done to keep the UK in its club. Former Prime Minister Cameron tried sought some concessions, but the importance assigned to immigration and regaining sovereignty by the...
The EU’s chief Brexit negotiator says the bloc won’t wait much longer for the UK to agree to settle its Brexit bill if trade talks are to take place in January. EU officials say the...
The next round of UK-EU negotiations on the pending amputation will be held next week. The UK has issued a flurry of position papers that stake out its wish list. Last month, the EU told...
Domestic appliances use up to double as much energy as stated on their energy labels, according to an EU product survey. Outdated official tests are “vulnerable to misuse” by manufacturers, warn the report’s authors. Outdated...
This agreement will free up the next tranche of payment so that Greece can make a large debt service payment (~7 bln euros) next month. However, the underlying situation is not resolved, and until it...
Not much progress has been made so far on reaching a free trade agreement between India and the European Union. But such a deal would be mutually beneficial, German economic researchers show in a fresh...
