EUROPEAN UNION
Baku Summit: Accounting without accountability for climate finance? As the climate summit in Baku nears its end, a potential solution to the climate finance deadlock emerges. The proposal involves upper-middle-income developing countries with high emissions voluntarily reporting their financial support to other deve...
22 Nov, 2024, 10.41 AM ISTWhere's the money? Leaders at climate summit debate trillion-dollar question At the Qurultay assembly in Baku, nations expressed dissatisfaction with draft climate finance texts. Backroom talks are underway, with the EU and China taking the lead as the US prepares to exit the Paris Agreement. A key sticking point is getting ...
22 Nov, 2024, 12.21 AM ISTNew COP29 proposal shows wide gap persists on climate funding deal Negotiations at the COP29 climate summit in Baku are struggling to reach a consensus on financial aid for developing nations facing climate change. A new draft proposal highlights the divide between developed and developing countries on the annual f...
21 Nov, 2024, 10.53 AM IST- ADVERTISEMENT
Adani's renewable energy ecosystem wows European ambassadors Four European ambassadors recently toured Adani Group's renewable energy projects in Gujarat. Gautam Adani, Chairman of the Adani Group, hosted the diplomats. The diplomats visited the world's largest renewable energy park in Khavda. They also explo...
21 Nov, 2024, 07.15 AM ISTBig money to respond to climate change is key to UN talks in Baku; How can nations raise it? At COP29 in Baku, wealthy nations are exploring financial mechanisms to assist developing countries in addressing climate change. While these nations seek substantial funding, concerns linger over potential debt burdens associated with loans, prompt...
19 Nov, 2024, 01.54 PM ISTWith Trump comeback, will EU go easier on ally Musk? Elon Musk's close ties with newly elected US President Donald Trump could complicate EU efforts to regulate Musk's X platform. The EU is weighing the potential for billions in fines against concerns that penalizing Trump's ally could strain transatl...
15 Nov, 2024, 06.16 PM ISTStop geo-blocking on App and iTunes Stores: EU warns Apple The European Union is investigating Apple for possibly breaking consumer protection rules. The EU says Apple's App Store and other services might be treating European customers unfairly based on where they live. This investigation could lead to more...
13 Nov, 2024, 12.45 AM ISTFinance or climate goals? COP29 begins with conflicting voices The dispute on the dialogue on the implementation of the outcomes of the global stocktake was about which track should house the discussions. At its core, the dispute is about whether the discussions in Baku should give primacy to finance or focus o...
12 Nov, 2024, 12.10 AM ISTEurope¡¯s struggle with MAGA is unlikely to end well As the United States potentially reduces its role in European security, Europe faces a critical turning point. Despite calls for increased defense spending, European nations remain heavily reliant on the US for protection. With the threat from Russi...
10 Nov, 2024, 01.19 PM ISTEU, China tout progress on talks to avoid tariffs on EVs The EU's executive arm described the outcome of this week's negotiations as making "technical progress," and China's Ministry of Commerce echoed that conclusion in a separate statement. Both Brussels and Beijing have previously warned that significa...
09 Nov, 2024, 12.00 AM ISTTrump 2.0 will alter global climate fighting efforts. Will others step up? Experts are concerned about the future of global climate action following Trump's re-election. They believe a second Trump term could significantly hinder efforts to reduce carbon emissions. There are concerns that the US might withdraw from key cli...
08 Nov, 2024, 06.04 PM ISTAfter Donald Trump win, EU leaders tackle 'urgent' reform agenda Former ECB head Mario Draghi stresses the urgency for Europe to reform its economy following Trump's US election win. Draghi's report, commissioned by EU chief Ursula von der Leyen, highlights the need for increased investment and deeper economic in...
08 Nov, 2024, 05.15 PM ISTReady or not? How China scrambled to counter the second Donald Trump shock As a second Trump presidency looms, China is bolstering its economy and global alliances in anticipation of renewed trade tensions. Despite a weaker economic outlook, China is focusing on self-reliance in technology and strategic partnerships to mit...
08 Nov, 2024, 11.55 AM ISTChina export growth soars to two-year high as tariff risks loom The strength in exports - their value grew in all but one of the last 12 months - has helped make up for sluggish domestic demand, but that outpouring of cheap products has also sparked a backlash. In response, the US, South America and Europe, amon...
07 Nov, 2024, 11.15 PM ISTChinese premier Li Qiang confident of dragon economy's recovery Li's remarks on the economy underscore Chinese officials' persistent optimism that they can reach their expansion target in the face of weak consumer sentiment, deflationary pressures and property market woes.
05 Nov, 2024, 11.24 PM ISTEU cheers re-election of pro-Europe Maia Sandu in tense Moldova election "Moldovans have shown once again their determination to build a European future despite hybrid attempts to undermine democracy," EU foreign policy chief Josep Borrell posted on X. European Commission president Ursula von der Leyen also congratulated...
04 Nov, 2024, 11.10 PM ISTDonald Trump¡¯s man in Europe gambles on return of his American ally US Elections: Hungarian Leader Viktor Orban visited Georgia, showing support for its pro-Russian leadership. Anticipating Donald Trump's possible return to the White House, Orban seeks to strengthen ties with the US. Orban's policies favor Russia an...
02 Nov, 2024, 12.05 PM ISTEurope will pay a 'big price,' Donald Trump warns on tariffs Donald Trump warns the European Union of repercussions for not purchasing enough American exports, promising tariffs on imports if elected. He also suggests Taiwan should pay for U.S. defense and critiques their semiconductor production. Kamala Harr...
30 Oct, 2024, 08.09 AM ISTGeorgia president accuses Russia of meddling in polls; Kremlin denies President Salome Zourabichvili, who refused to recognize the official results, told AP that the South Caucasus nation has fallen victim to Russian pressure aimed at derailing Georgia's plans to join the European Union.
28 Oct, 2024, 11.29 PM ISTIncoming EU foreign policy chief Kaja Kallas warns against Russia and China "European security is deeply personal to me as a native of a country that has long told others that Russia's imperialistic dream never died," Kaja Kallas, a former Estonian prime minister, said in written replies to members of the European Parliamen...
23 Oct, 2024, 01.03 PM IST