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Ukrainian President Volodymyr Zelensky on Friday asked European Union leaders to provide Kyiv an extra 70 billion euros (US$79 billion) in funding next year to help it keep fighting Russia. “The war will cost 155 billion euros next year. And we need at least 70 billion euros more from you – for defence, for weapons and for our resilience,” Zelensky said in a speech at an EU summit in Brussels. “This is a realistic amount. And I ask you to find this support. It will help us hold Russia back.” The...
China warned the European Union not to underestimate Beijing’s determination to defend its interests, dismissing claims that the bloc’s pressure yielded concessions in recent automotive trade talks.
European Union leaders supported creating a tool to potentially shut out Chinese goods as a growing flood of low-cost imports pushed the bilateral trade deficit to a record. Officials could start work on developing a trade “kill switch”, European Commission President Ursula von der Leyen signalled to EU leaders at a Brussels meeting on Thursday, the South China Morning Post reported, citing unidentified people briefed on the talks. Leaders requested a proposal by year-end, Bloomberg News said....
Romanian President says EU leaders need to show they will keep supporting Ukraine, as Russia has also been attacking ships in the Black Sea and the relation between President Zelenskiy and Trump has deteriorated over the past few days. Nicusor Dan sat down with Bloomberg’s Oliver Crook on the sidelines on an EU leaders meeting in Brussels on Friday. (Source: Bloomberg)
Over the past year there has been a stark rise in anti-government activists deported to Russia from the EU and US where they were seeking refuge.
France and Germany have backed looser EU emissions rules for carmakers and agreed to include Britain in a “made in Europe” scheme, in a provisional deal reached Thursday that could reshape the bloc’s automotive and climate policies.
Chemicals and industrial machinery were identified as the top priority industries the EU needs to shield against Chinese imports during a meeting between the EU’s top leaders in Brussels on Thursday. European Commission President Ursula von der Leyen told the bloc’s 27 member states that the EU should consider quickly introducing safeguard measures, which can involve import quotas and tariffs, to shield these sectors from a wave of cut-price alternatives from China, according to people familiar...
EU leaders locked horns on Thursday over the bloc’s next long-term budget as they kicked off talks in Brussels under pressure to seal a deal before several high-stakes elections next year, most crucially in France. The 27-nation European Union wants an agreement by Christmas, worried that any future deal-making will be derailed by potential Eurosceptic wins across the bloc, including in France where the far-right’s Marine Le Pen is favoured in opinion polls. “We are facing very, very difficult...
European Union leaders will clash on Thursday over the size of bloc's next long-term budget, its sources of revenue and spending priorities, with no immediate deal in sight. The budget also covers help for Kyiv. Ukraine's President Volodymyr Zelensky will be joining the meeting on Friday in a bid to rally support amid fresh tension with US President Donald Trump. FRANCE 24's Europe Editor Armen Georgian reports from Brussels, Belgium.
EU leaders on Thursday head for their biggest clash yet over the bloc's next long-term budget, as they race to lock in a deal before next year's French presidential election. The 27-nation European Union wants an agreement by Christmas, worried that any future dealmaking will be derailed by potential eurosceptic wins in polls taking place across the bloc -- most crucially in key power France. FRANCE 24's Dave Keating reports from Brussels, Belgium.
EU leaders head to a summit on Thursday seeking a deal on the bloc’s nearly €2 trillion budget for 2028-2034 by Christmas amid deep divisions over spending and fears that upcoming elections, particularly in France, could strengthen eurosceptic forces.
The EU’s surprise deal with China on hybrid cars last week was supposed to ease the pressure on Beijing. Instead, Brussels is preparing to intensify its crackdown on Chinese trade practices, emboldened by the discovery that its threats are finally delivering results. Now, those driving trade policy for the bloc believe they have landed on a two-track formula. Intensive dialogue is seen to have yielded results and will continue. But so too will the European Union’s efforts to counter what they...
EU leaders head to a summit on Thursday seeking a deal on the bloc’s nearly €2 trillion budget for 2028-2034 by Christmas, amid deep divisions over spending and fears that upcoming elections, particularly in France, could strengthen eurosceptic forces.
The EU's goods trade deficit with China reached €359.9 billion in 2025, pushing Europe to diversify suppliers and redirecting trade toward Latin America. The post EU China Trade Gap Pressures Latin America appeared first on The Rio Times.
China’s electric vehicle (EV) makers have been hit with a double blow as both Beijing and Brussels introduce measures that will affect their exports, leading analysts to revise down their earnings forecasts for the industry. The twin measures – combined with a sales decline in China’s domestic market – could create a “do-or-die moment” for some of the country’s 50-odd EV makers, ramping up financial pressure on the companies, according to industry officials. On Friday, China and the European...
China has moved from exporting cars to bringing entire auto industry ecosystems, building up production capacity in Europe and boosting partnerships with local companies. Arthur D. Little's automotive expert Philipp Seidel tells France 24 that while tariffs and quotas can buy time, EU carmakers must improve their own competitiveness and not become too dependent on Chinese suppliers. But first, we look at the latest IMF global growth forecast and warning about rising debt.
O acordo comercial entre o Mercosul e a União Europeia impulsionou em 30,7% as exportações brasileiras para o bloco europeu entre maio e setembro de deste ano, na comparação com o mesmo período do ano passado. O dado foi divulgado nesta terça-feira (13) pelo ministro do Desenvolvimento, Indústria, Comércio e Serviços, Márcio Elias Rosa, durante evento em Brasília. Além deste dado, o Brasil abriu 700 mercados internacionais para produtos agropecuários desde 2023. No acumulado de janeiro a setembro, as exportações brasileiras para a UE somaram US$ 44,17 bilhões, um crescimento de 20% em relação aos nove primeiros meses de 2025. Notícias relacionadas:Preços maiores sustentam alta das exportações aos EUA em agosto.Acordo entre Mercosul e Singapura garante tarifa zero para exportações.Apex prevê plano de R$ 130 milhões para diversificar exportações.O ministro das Relações Exteriores, Mauro Vieira, também destacou os resultados do acordo e confirmou que o comércio bilateral entre os países do Mercosul e da União Europeia aumentou mais de US$ 6 bilhões desde a aprovação e a entrada em vigor do tratado. “As exportações brasileiras tiveram uma alta de 10,4% em 2026. Só o acordo Mercosul-União Europeia, de maio até agora, significou uma expansão de 30% das nossas exportações”, declarou Vieira. O acordo entrou em vigor provisoriamente em 1º de maio, após quase 27 anos de negociações entre os dois blocos. Expansão Durante o evento, Elias Rosa afirmou que o crescimento das exportações brasileiras não se restringe ao agronegócio. Segundo o ministro, o comércio exterior do país avançou, em média, 10,5%, em um cenário internacional marcado por tensões geopolíticas e pelo aumento de barreiras comerciais. O ministro também destacou a ampliação das relações comerciais do Brasil com diferentes mercados e atribuiu os resultados à capacidade de expansão das empresas nacionais e à atuação do governo na promoção do comércio exterior. “É a pungência do setor privado e a capacidade do setor privado de expandir, sobretudo no agro. A missão número um da nova industrialização do Brasil envolve justamente a agroindústria”, afirmou. Ao comentar as relações com os Estados Unidos, Elias Rosa classificou o momento como “delicado”, mas defendeu a continuidade das negociações diplomáticas. “Mas não sairemos do diálogo da negociação”, disse. Novos mercados O anúncio dos resultados comerciais ocorreu durante cerimônia no Ministério da Agricultura e Pecuária que celebrou a abertura de 700 novos mercados internacionais para produtos agropecuários brasileiros desde o início de 2023. As aberturas ocorreram em 99 destinos, entre países e blocos econômicos, após autorizações sanitárias para a entrada de produtos brasileiros. O ministro da Agricultura, André de Paula, comparou o resultado ao registrado na gestão anterior. “Foram 700 aberturas de mercado contra 241 do governo anterior”, afirmou. De Paula também destacou o desempenho do agronegócio e as perspectivas para a produção nacional. “Planejamos chegar a 29% do PIB agropecuário neste ano. A safra 2026/27 deve ter 366 milhões de toneladas”, acrescentou. Meta Segundo estimativa da Agência Brasileira de Promoção de Exportações e Investimentos (ApexBrasil), o país exportou US$ 5,8 bilhões para os novos mercados abertos desde 2023. A projeção da agência é que as vendas para esses destinos alcancem US$ 80 bilhões nos próximos quatro anos. André de Paula também afirmou que o Brasil pretende encerrar o ano como o maior exportador mundial de alimentos. “Exportamos US$ 169 bilhões no acumulado do ano, US$ 2 bilhões abaixo dos Estados Unidos, mas terminaremos o ano como maior exportador de alimentos”, declarou. O ministro ainda ressaltou os investimentos do governo federal no financiamento da produção rural, incluindo recursos destinados à agricultura empresarial e familiar por meio do Plano Safra. “Este governo investiu mais de R$ 610 bilhões no Plano Safra atual para agricultura empresarial e familiar. Nos quatro anos de governo Lula, foram investidos mais de R$ 1 trilhão. Isso dá conta da importância que conferimos ao agro brasileiro”, afirmou. De Paula citou ainda a autorização concedida pela China para a exportação brasileira de miúdos suínos e manifestou expectativa de novas aberturas de mercado para produtos agropecuários nacionais.
A European Union deal to cap hybrid imports from China is only the first step as trade asymmetry goes far beyond cars, the bloc’s top economics official said.
A social media account affiliated with China’s official broadcaster signaled Beijing is prepared to act if the European Union introduces new trade restrictions after reaching an agreement limiting imports of Chinese hybrid vehicles.
The European Union will on Tuesday open new negotiation chapters with Ukraine, an essential step in Kyiv’s long path to join the bloc. Ukrainian lawmakers on Monday passed legislation protecting the rights of national minorities, which removes a major hurdle in Kyiv’s bid for membership. The status of the Hungarian-speaking minority in western Ukraine had long caused tensions with Budapest and Hungary had blocked Ukraine’s EU membership bid, officially submitted days after Russia’s full-scale...
In 2020, the EU member states agreed on a €750 billion post-Covid recovery plan known as NextGenerationEU. This programme, for which the Commission will have disbursed €634 billion by the end of the year, is coming to an end. Out of Belgium's €5.3 billion recovery plan, more than half has been allocated to the green transition.
The European Union warned digital platforms on Monday against livestreaming the execution of Nidal Hasan, a former US Army psychiatrist who is scheduled to be executed by firing squad on December 3 for killing 13 people at a military base in 2009. Under EU rules, platforms have an obligation to moderate shocking and violent content, including capital punishment.
Weeks of high-wire negotiations between China and the EU culminated in a surprise trade deal that will, among other measures, impose strict quotas on Chinese hybrid car exports to the bloc and slash Chinese tariffs on a variety of European goods. The deal, unveiled on Friday, takes some of the heat out of searing bilateral trade tensions and temporarily averts the prospect of a bruising trade war – a cooldown augmented by Beijing’s subsequent reduction of value-added tax (VAT) export rebates on...
The EU also announced that it officially added almost 1,600 new sanctions on Russia's military industrial complex.
The Paris Motor Show opens its doors today, and with it come mounting economic and diplomatic issues. The European Union has just announced that it has secured a commitment from China to moderate the flow of hybrid vehicles into the block's market. It opens the prospect of cutting China's export by more than a half and could prevent millions of Chinese cars from being shipped to Europe. Are European automakers capable of withstanding this competition and their dependence on China? This report from France 2 and Morgan Ayre.
China said a deal with the European Union on hybrid cars will ensure “export space and steady growth” for its companies, as the two sides seek to reduce the risk of trade war.
“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)