Dec 05 Watch 8:12 Western nations cap price of Russian oil over war in Ukraine By Nick Schifrin, Teresa Cebrian Aranda The G-7 group of leading industrialized nations, the European Union and Australia have agreed not to facilitate the export of Russian oil unless it's sold for $60 or less a barrel. The EU also banned all seaborne imports of Russian… Continue watching
Dec 05 U.S., EU agree to intensify talks over 'green subsidies' dispute By Matthew Lee, Associated Press The United States and European Union have agreed to intensify talks to resolve EU concerns over major subsidies for American companies contained in a U.S. clean energy law. Continue reading
Dec 05 European Union implements Russian oil price cap to limit Kremlin war chest By David McHugh, Associated Press The impact may be blunted because Russia has been able reroute much of its European seaborne shipments to China, India and Turkey, although at steep discounts. Plus, the price cap is near what Russian oil already cost. Continue reading
Nov 30 EU seeks specialized court to investigate Russia war crimes By Samuel Petrequin, Associated Press European Commission president Ursula von der Leyen said Wednesday the EU will work with international partners to get "the broadest international support possible" for the tribunal while supporting the International Criminal Court. Continue reading
Nov 30 EU recommends blocking billions of euros allocated to Hungary By Samuel Petrequin, Associated Press The European Union's executive branch has recommended that billions of euros in EU funds be withheld from Hungary over its failure to implement solid rule-of-law reforms, a move highlighting lingering divergences between the European partners. Continue reading
Nov 24 Twitter, other tech companies slip on removing hate speech, EU review says By Kelvin Chan, Associated Press European Union data shows that Twitter took longer to review hateful content and removed less of it in 2022 compared with the previous year. The figures were published Thursday as part of an annual evaluation of online platforms’ compliance with… Continue reading
Nov 23 Ukrainian President Zelenskyy thanks EU for declaring Russia a 'state sponsor of terrorism' By Associated Press Earlier in the day, The European Parliament overwhelmingly backed a resolution labeling Russia a state sponsor of terrorism for its invasion of and actions in Ukraine. The non binding but symbolically significant resolution passed in a 494-58 vote with 48… Continue reading
Nov 23 European Parliament website 'under a sophisticated cyberattack' By Associated Press European Parliament President Roberta Metsola says the legislature's web site has come under a Russian cyberattack only hours after it overwhelmingly backed a resolution calling Russia a state sponsor of terrorism. Continue reading
Nov 11 EU forecasts recession this year amid persistent inflation By David McHugh, Associated Press The European Union's executive commission slashed its forecast for economic growth next year. It says spreading the message that the countries that use the euro currency will slide into recession over the winter will erode consumer purchasing power. Continue reading
Oct 26 EU Commission proposes tougher pollution restrictions By Associated Press The European Union’s executive arm sought on Wednesday to toughen up pollution restrictions to ensure that harmful pollutants are eliminated by 2050 to potentially save the lives of hundreds of thousands of people. Continue reading