Search Results for: Trade

MIDDLE EAST LIVE: Further escalation drives uncertainty and suffering

© UNICEF/Ramzi Haidar Destroyed buildings and debris in the southern suburbs of Beirut, Lebanon, following airstrikes.This article is published in association with United Nations. On day six of the war in the Middle East, there’s been no let-up in bombs, drones and rockets targeting Iran, Israel, Lebanon and many Gulf States, while NATO forces reportedly intercepted a missile fired at Türkiye by Iran, a claim denied by Tehran. We’ll bring you […]

EIB Global signs €34 million EU grant to support sustainable ports in Cabo Verde under Global Gateway

Commission opens in-depth investigation into the proposed acquisition of joint control over TERCAT by TIL and Hutchison PortsThis article is published in association with European Investment Bank. The European Union (EU) and its bank, the European Investment Bank (EIB Global), have signed a 34 million euros investment grant to support the rehabilitation and expansion of Cabo Verde’s main ports and its main shipyard. This new grant complements 114 million euros in EIB financing […]

EBRD supports producer of soft confectionery in Türkiye

This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is lending €40 million to Kervan Gıda, a leading producer of soft confectionery in Türkiye, to support the company’s transition to a greener and more inclusive business model. The financing package will include €10 million for new automation, […]

CESEE Bank Lending Survey reveals positive trends in credit demand and signs of supply improvement

This article is published in association with European Investment Bank.This article is published in association with European Investment Bank. Banks in Central Eastern South-Eastern Europe Banks (CESEE) report improving trends. Credit demand remain robust, particularly from companies, while banks anticipate a slight improvement in credit supply following a period of contraction. Lending appetite from banks is expected to grow, especially for SMEs and consumer credit, […]

EBRD supports local pet food producer in Türkiye

This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is acquiring a minority stake in Çağatay Evcil Hayvan Mamaları ve Yem Ürünleri San. ve Tic. A.Ş., a pet food producer based in Türkiye. Çağatay manufactures high-quality dry pet food under its own brands and competes with global […]

Eurobarometer survey shows strong support for the Common Agricultural Policy (CAP)

This article is brought to you in association with the European Commission. According to the latest Eurobarometer survey, support for the EU’s common agricultural policy (CAP) has reached an all-time high. The level of public awareness for the CAP is at its highest level since 2007, with 78% of respondents saying they are aware of the […]

A strong Poland means that a strong Europe is real: President Metsola

This article is brought to you in association with the European Parliament. In the margins of Parliament’s Conference of Presidents’ visit to Warsaw ahead of the Polish EU Council Presidency, President Metsola delivered the following speech. Keynote speech by EP President Roberta Metsola at a discussion organised by Polityka Insight “Good afternoon everyone. It is a […]

Green steel for Europe – a path of small steps and giant leaps

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Aba Schubert, Co-Founder and Chief Executive Officer, Dorae / Steel is a key ingredient in our modern world and, used in everything from buildings to bicycles, it is very CO2 intensive.The biggest leap in greening the steel industry […]

“China poses the greatest challenge of our age”, paradoxically parroted at G7 Hiroshima the UK Premier Sunak who is an Indian immigrant against immigration

Hiroshima, the historical place that the US utterly destroyed with atomic bombs some 80 years ago, is the same place whereby last weekend the 6 members of G7, including the once bombarded Japan, gathered to parrot loudly US messages on the world. Ironic? Realistic, it is how the way history works in circles, always amusing […]

Chinese consumer prices fall and other economics stories to read this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Joe Myers, Writer, Forum Agenda 1. China consumer prices fall sharply Consumer prices in China have fallen significantly, dropping at their sharpest rate in more than 14 years. Producer prices also rose in January. The Chinese economy has been […]

Commission announces actions for safe and sustainable e-commerce imports

EU introduces customs duties on low-value e-commerce packagesThis article is brought to you in association with the European Commission. The Commission is taking action to tackle risks stemming from low-value imports sold via non-EU online retailers and marketplaces hosting non-EU traders. These actions are part of the Communication on E-Commerce, ‘A Comprehensive EU Toolbox for Safe and Sustainable E-commerce’, which the Commission is […]

Commission’s Action Plan to secure a competitive and decarbonised steel and metals industry in Europe

This article is brought to you in association with the European Commission. Today, the Commission takes action to maintain and expand European industrial capacities in the steel and metals sectors. The Action Plan on Steel and Metals is designed to strengthen the sector’s competitiveness and safeguard the industry’s future. The European steel industry is fundamental for […]

First EBRD portfolio risk sharing facility to support Moldovan bank

This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is extending an unfunded portfolio risk-sharing facility to Moldova’s OTP Bank to unlock €30 million of new finance for Moldova’s business sector, with a focus on agriculture and trade.   This is the first such facility signed in Moldova, building on EBRD […]

EBRD revises down Ukraine’s 2025 growth forecast

This article is brought to you in association with EBRD. Ukraine’s economy, which grew 3.0 per cent in 2024 despite the pressures of Russia’s full-scale war, is forecast to grow 3.5 per cent in 2025 and strengthen further to 5.0 per cent in 2026 provided that an agreement to suspend fighting is reached this year, says […]

What Measures can Developing Countries Take to Curb Rising Debt Levels?

This article is published in association with IMF. Talal Rafi Over 3 billion people live in 48 developing countries where their governments pay more on interest payments than on either education or health. That is almost half the world’s population. Education and health are key areas of spending if governments want to increase the productivity of […]

Commission approves €750 million Estonian strategic reserve to support security of electricity supply

This article is brought to you in association with the European Commission.This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, an Estonian €750 million strategic reserve to safeguard security of electricity supply in emergency situations. A strategic reserve is a type of capacity mechanism that remunerates resources that are held outside the market and […]

Guterres highlights ‘unique level of destruction’ in Gaza ahead of G7 summit

This article is published in association with United Nations. UN Secretary-General António Guterres reiterated his solidarity with the people of Gaza and the global body’s deep commitment to the UN agency for Palestine refugees (UNRWA) on Wednesday, while also issuing a stark message to the world’s richest nations ahead of the G7 Summit in Italy to […]

4 pathways to cooperation amid geopolitical fragmentation

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Samir Saran, President, Observer Research Foundation (ORF), Jane Harman, Chair, US Commission on the National Defense Strategy, Former Member, US Congress The world is experiencing geopolitical turbulence. Wars are raging across the Middle East, Europe and Africa; 2023 marked the […]

EU and Japan conclude landmark deal on cross-border data flows at High-Level Economic Dialogue

This article is brought to you in association with the European Commission. The EU and Japan have concluded, on the margins of the G7 Trade Ministerial in Osaka, a landmark deal to make doing business in the online world easier, less costly and more efficient. The agreement was concluded at the EU-Japan High-Level Economic Dialogue (HLED), […]

Will a regional conflict re-tangle global supply chains?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: John Letzing, Digital Editor, Strategic Intelligence, World Economic Forum “Wars kill trade too.” When the Federal Reserve Bank of San Francisco published a working paper about war’s impact on trade several years ago, it didn’t mince words. If […]

Demystifying decoupling: what’s really at stake in the US-China relationship

This article is brought to you in association with the European Parliament.This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Alexis Crow, Partner; Global Head, Geopolitical Investing, PwC, Sir Robin Niblett, Distinguished Fellow, Chatham House In a world marked once again by armed conflict, geostrategic rivalry between the world’s two largest economies and military powers, and rising polarization within societies, […]

How Stablecoins and Other Financial Innovations May Reshape the Global Economy

This article is published in association with IMF. Three years ago, Finance & Development devoted a full issue to anticipating “The Money Revolution,” driven by innovations in finance, such as crypto assets. That revolution is now unfolding. This issue of F&D looks at the new frontiers of finance, where technology, data, and changing societal values are reshaping how people and […]

Commission proposes Industrial Accelerator Act to strengthen industry and create jobs in Europe

Commission proposes Industrial Accelerator Act to strengthen industry and create jobs in EuropeThis article is brought to you in association with the European Commission. Today, the European Commission has adopted a legislative proposal to increase demand for low-carbon, European-made technologies and products. The Industrial Accelerator Act (IAA) will boost manufacturing, grow businesses, and create jobs in the EU, while supporting industry’s adoption of cleaner, future-ready technologies. In line […]

Cuba: UN warns of possible humanitarian ‘collapse’, as oil supplies dwindle

UN Cuba UN Resident Coordinator Francisco Pichón speaks with civil defence authorities in Santiago de Cuba.This article is published in association with United Nations. The UN on Wednesday warned of potential humanitarian “collapse” in Cuba, following Washington’s attempt to block oil supplies from reaching the island. The United States has threatened to impose tariffs on any country providing oil to Cuba, increasing pressure on the island nation following a decades-long trade […]

The Next Pandemic Could Start in a  Factory, Not a Wet Market 

Dr Syed Faseeh Hassan, MD, Vice President of PIMSA Internal Affairs. Contact: faseehshah14@gmail.com | Dr Ahmed Bilal, MD, Vice President, PIMSA-GHWD. Contact ahmeddrsyed@gmail.com .This article was exclusively written for The European Sting by Dr Syed Faseeh Hassan, MD, Vice President of PIMSA Internal Affairs and Dr Ahmed Bilal, MD, Vice President, PIMSA-GHWD– Pakistan International Medical Students  Association. The opinions expressed within reflect only the writers’ views and not necessarily The European Sting’s position on the issue. Dr Syed Faseeh Hassan, […]

Boosting Ukraine’s agribusiness sector resilience via investment loan

This article is brought to you in association with the European Parliament.This article is brought to you in association with EBRD. To strengthen food security and resilience in wartime Ukraine, the European Bank for Reconstruction and Development (EBRD) is arranging a financing package of up to €100 million for a leading Ukrainian agribusiness producer’s investment programme. The EBRD will lend €40 million to agribusiness products producer MHP […]

EBRD, EU back new customs and logistics centre for Armenian capital

This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is financing a new customs and logistics centre on the outskirts of Yerevan, Armenia, with a €39 million sovereign loan, complemented by a €6 million grant from the European Union (EU). The new facility will replace several fragmented […]

Civilian deaths in conflict are surging, warns UN human rights office

This article is published in association with United Nations. Civilian deaths in conflict surged by 40 per cent last year, according to new data released by the UN human rights office (OHCHR) with already marginalised groups facing disproportionate levels of discrimination. At least 48,384 individuals – mostly civilians – were killed in 2024, based on casualties recorded […]

Global growth to remain subdued in 2025 amid uncertainty, UN report warns

This article is published in association with United Nations. Global economic growth is projected to remain at 2.8 per cent in 2025, unchanged from this past year, according to a UN flagship report released on Thursday.   The World Economic Situation and Prospects (WESP) 2025 report shows that despite withstanding a series of mutually reinforcing shocks, global economic growth […]

EU prolongs tariff suspension for US products related to the steel and aluminium dispute

This article is brought to you in association with the European Commission. The European Union has today announced its decision to extend until 31 March 2025 the suspension of its rebalancing tariffs on US products in the context of the steel and aluminium dispute. Initially implemented during the Trump Presidency, the EU rebalancing tariffs on US […]

New EU strategy for secure, prosperous and resilient Black Sea region

This article is brought to you in association with the European Economic and Social Committee.This article is brought to you in association with the European Commission. Today the EU is putting forward a new strategy for a stable and secure Black Sea region. This Strategy aims to boost connections and growth, by linking Europe with the South Caucasus, Central Asia, and beyond. Amidst Russia’s war of aggression against Ukraine, the […]

Commission approves €300 million Swedish strategic reserve to support security of electricity supply

This article is brought to you in association with the European Commission.This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, a Swedish €300 million strategic electricity reserve to safeguard security of electricity supply in emergency situations. The strategic reserve is a type of capacity mechanism that remunerates resources held outside the market and used […]

EU expands support for Ukraine with new financing of almost €600 million for energy, transport and business resilience

Ukraine’s women at breaking point after four years of war as attacks on energy, healthcare continue – UN humanitariansThis article is published in association with European Investment Bank. The European Union is stepping up economic support for Ukraine with almost €600 million in fresh financing for energy systems, transport networks and a range of businesses in the country. The European Investment Bank (EIB) Group and the European Commission announced the new EU funding package […]
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