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by Alex Pigman Agence France-Presse WASHINGTON, United States (AFP) — President Donald Trump renewed his demand Saturday that the European Union halts its trade barriers to US products in order to spare his allies new steel and aluminum tariffs. The American president made his comments after crunch talks in Brussels between EU negotiators and US Trade Representative Robert Lighthizer in an effort to defuse a bitter row that many fear could turn into an all-out trade […]
by Alex Pigman © Agence France-Presse BRUSSELS, Belgium (AFP) — The EU and Japan held crunch talks with their US counterparts in Brussels on Saturday hoping to get “clarity” on President Donald Trump’s controversial new steel and aluminium tariffs. Trump’s announcement of duties of 25 percent on imported steel and 10 percent on aluminium has stung the European Union and triggered warnings of an all-out international trade war. Brussels has prepared a list of US products […]
Reiterates it will not accept aid that comes with “unilateral conditions” though (Eagle News) — The Palace on Monday welcomed the European Union’s 3.8-million euros in aid for Philippine drug rehabilitation projects. Presidential Spokesperson Harry Roque reiterated in a press conference, however, that President Rodrigo Duterte would reject any aid that would come with any “unilateral conditions.” The EU on Friday denied the funding comes with strings attached. According to Roque, just the same “the […]
(Eagle News) — The European Union on Friday announced that it would give the Philippines €3.8 million to fund drug rehabilitation centers in the country. Stefano Manservisi, European Commission Director General for International Cooperation and Development, said the amount, which is equivalent to P241.6 million, would be given through the Department of Health. “We have a program which is called drug rehabilitation program in which we are addressing how to bring back to normal life people […]
FRANKFURT, Germany (AFP) — Net contributor Britain’s planned departure from the EU leaves the bloc’s remaining 27 members with a “very challenging” budget hole to plug, German Chancellor Angela Merkel said Monday. Policymakers will need to find between 12 and 15 billion euros ($15-19 billion) of savings or new cash to make up for Brexit, EU Budget Commissioner Guenther Oettinger has calculated — even as the bloc faces new challenges like deepening defence cooperation, securing […]
BRUXELLES, Belgium (AFP) — The European Union will be able to punish Britain for breaking the rules of its post-Brexit transition period under plans agreed by Brussels on Tuesday, EU sources said. Under plans for the 21-month transition after Britain leaves the bloc on March 29, 2019, London must abide by all EU laws without having any decision-making power — turning the country into what critics call a “vassal state”. The latest EU draft of the transition […]
by Alice RITCHIE Agence France-Presse LONDON, United Kingdom – EU chief negotiator Michel Barnier warned Monday that Britain faced “unavoidable” trade barriers after Brexit if it also quit the bloc’s single market and customs union, urging Prime Minister Theresa May to make her choice. After talks with May and Brexit minister David Davis in London, Barnier repeated that the EU needed “clarity” on what they wanted from the future relationship. “Without customs union and outside the single market, […]
(Eagle News) — President Rodrigo Duterte has declined an invitation to the Asia-Europe meeting in Belgium this year sent by the European Union. “Well, I just don’t like their attitude. That’s all,” the President said. “You have always been imperialists ever since,” he said, noting that the bloc has always wanted to impose its own values on other countries. He added a trip to Europe would cost a lot. EU ambassador to the Philippines Franz […]
LJUBLJANA, Slovenia (AFP) — The Slovenian government hopes MPs will vote to recognize the Palestinian state and become only the second country to do so as an EU member-state, Slovenian Foreign Minister Karl Erjavec said Monday. “Everybody (other EU member-states) backs such a Slovenian step that will happen if parliament green lights the proposal for recognizing the Palestinian state,” Erjavec told private channel POP TV. The minister was speaking from Brussels, where Palestinian President Mahmoud Abbas met […]
LONDON, United States (AFP) — Brexit could cost the UK nearly 500,000 jobs in a worst-case scenario, according to a study published Thursday which was commissioned by the mayor of London. Britain could lose 482,000 jobs by 2030 if the country crashes out of the European Union, according to research by Cambridge Econometrics. A scenario in which the UK fails to agree a transition deal and future trading relationship with the bloc would also cost […]
HAVANA, Cuba (AFP) — Blockading Cuba is not the solution, the European Union’s foreign policy chief said Wednesday on a trip aimed at strengthening ties with Havana, after Washington tightened restrictions on the island. Much of the half-century-old US economic embargo against Cuba remains entrenched in law, but under former president Barack Obama federal authorities began to loosen some rules — something his successor Donald Trump vowed to reverse. “The blockade (of Cuba) is not the solution. […]
BRUSSELS, Belgium (AFP) — The EU’s top official for the euro single currency on Wednesday pressed European regulators to urgently update financial rules in order to face bitcoin’s dizzying volatility. Crypto-currency bitcoin has soared almost 20-fold since the start of the year and this month saw it move into the mainstream as two major US exchanges began trading futures in the unit. “The developments relating to bitcoin and crypto-currencies in recent weeks require our heightened […]
