Officials announced on Saturday that the European Union and Germany had achieved an agreement on the use of combustion engines in the future. The car industry had been closely watching this issue. The planned phase-out of CO2-emitting cars in 2035 had caused a rift between the bloc and its largest economy, but officials have recently…
Pushed by higher energy prices fueled by Russia’s war in Ukraine, but the economy still managed better-than-expected, if meager, growth in the second quarter. Annual inflation in the eurozone’s 19 countries rose to 8.9% in July, an increase from 8.6% in June, according to numbers published Friday by the European Union statistics agency. For months, inflation has been running at…
15 percent and reduce their dependence on Russian supplies, a day after Russian energy giant Gazprom announced plans to further limit flows to Europe. Gazprom says it will cut daily gas deliveries through the Nord Stream pipeline to 33 million cubic metres a day, about 20 percent of its capacity, continuing the progressive constriction of…
Taiwan’s future should be decided by its own people and that the EU backs the island’s “sovereign” existence, in a pointed warning to Beijing, Taiwan lives under the constant threat of invasion by China, which claims the self-ruled democratic island as part of its territory and has vowed to seize it one day, by force…
