Loading...
US and EU Collaborate to Help Ukraine, Reassure Supply Chains
Geopolitics
US and EU Collaborate to Help Ukraine, Reassure Supply Chains
2022-05-16 18:10:43
by Madeline Hughes

PARIS — A newly formed European-American alliance is helping fight the war in Ukraine. The U.S.-EU Trade and Technology Council first met last fall in Pittsburgh, Pennsylvania, and had its second meeting Monday in Paris. Much of the attention was... Read More

Technology
DOJ Gives Support for US Antitrust Legislation for Digital Companies
2022-03-31 22:59:07
by Madeline Hughes

WASHINGTON — The Department of Justice is throwing its support behind a law that could change how American online shoppers are shown products. The bill, called the American Innovation and Choice Online Act, would make it illegal for an online... Read More

White House
President to Travel to Europe Next Week for NATO Summit
2022-03-15 20:36:16
by Dan McCue

WASHINGTON — President Joe Biden will travel to Brussels, Belgium, next week to attend a hastily arranged North Atlantic Treaty Organization summit meeting before attending a meeting of the European Union later that day, the White House announced Tuesday. Both... Read More

Geopolitics
US, European Allies Cut Key Russian Banks from SWIFT Banking System
2022-02-27 17:01:10
by Dan McCue

WASHINGTON — The United States and its European allies will kick certain Russian banks out of the global interbank messaging system, known as SWIFT, a step intended to devastate the Russian economy in response to the country's invasion of Ukraine.... Read More

Geopolitics
Biden, Europe Waiting on Key SWIFT Sanction Against Russia

WASHINGTON (AP) — U.S. and European officials are holding one key financial sanction against Russia in reserve, choosing not to boot Russia off SWIFT, the dominant system for global financial transactions. The Russian invasion of Ukraine caused a barrage of... Read More

Trade
Biden Administration to Lift Trump's Tariff on Japanese Steel
2022-02-09 19:02:17
by Dan McCue

WASHINGTON — The Biden administration has struck a deal with Japan to remove Trump-era tariffs from roughly 1.25 million metric ton of Japanese steel imports annually. The new deal, which excludes aluminum, will take effect on April 1. In return... Read More

International
End of an Era: Germany's Merkel Bows Out After 16 Years

BERLIN (AP) — Angela Merkel was assured of a place in the history books as soon as she became Germany's first female chancellor on Nov. 22, 2005. Over the next 16 years, she was credited with raising Germany's profile and... Read More

Technology
One to Charge Them All: EU Demands Single Plug for Phones

LONDON (AP) — The European Union unveiled plans Thursday to require smartphone makers to adopt a single charging method for mobile devices. The European Commission, the bloc's executive arm, proposed legislation that would mandate USB-C cables for charging, technology that... Read More

Technology
Keeping Big Brother in Check: Facial Recognition Technology
2021-07-28 13:23:01
by Victoria Turner

Biometric technology identifies you based on your biological characteristics: your fingerprint, your iris, your face.  It can even measure how you walk, your gait, said Steve Crown, vice president and general counsel at Microsoft, during Tuesday’s Center for Strategic &... Read More

Cybercrime
US, Allies Accuse China of Backing Cyber Attacks Worldwide
2021-07-19 13:41:56
by Dan McCue

The United States, NATO and several allies collectively called out China on Monday for a series of malicious cyber- and ransomware attacks, including a March attack that exploited a flaw in Microsoft's Exchange Server. Monday’s announcement, which followed a conference... Read More

Business
Biden Moves to End Long-running Boeing, Airbus Dispute
2021-06-15 14:58:38
by Dan McCue

President Joe Biden on Tuesday moved to end a 17-year dispute with the European Union over how big a government subsidy each can provide to its major aircraft manufacturer. That’s Boeing in the case of the U.S.; Airbus in the... Read More

Climate
EU Reaches Major Climate Deal Ahead of Biden Climate Summit

BRUSSELS (AP) — The European Union reached a tentative climate deal that is intended to make the 27-nation bloc climate-neutral by 2050, with member states and parliament agreeing on new carbon emissions targets on the eve of a virtual summit... Read More

Geopolitics
Retaliatory Sanctions Have Emboldened China's Critics In Europe
2021-04-12 16:30:36
by Daniel Mollenkamp

WASHINGTON- Retaliatory sanctions imposed by China on Europeans in March have emboldened China's most vocal critics in Europe, who hope to push against the country's human rights abuses. In March, the E.U., U.K., U.S., and Canada issued coordinated sanctions against... Read More

International
EU Chief: Bloc Was Late, Over-Confident on Vaccine Rollout

BRUSSELS (AP) — As the European Union surpassed 500,000 people lost to the virus, the EU Commission chief said Wednesday that the bloc's much-criticized vaccine rollout could be partly blamed on the EU being over-optimistic, over-confident and plainly "late."European Commission... Read More

UK Warns of 'Bumpy' Post-Brexit Transition Despite Deal

LONDON (AP) — First came the Brexit trade deal. Now comes the red tape and the institutional nitty gritty. Four days after sealing a free trade agreement with the European Union, the British government warned businesses to get ready for... Read More

Foreign Affairs
Brexit Talks Given Fresh Impetus by High-Stakes Diplomatic Push

The topsy-turvy trade talks between the U.K. and the European Union took another somersault on Sunday when Boris Johnson and Ursula von der Leyen opted to ignore a self-imposed deadline and give negotiators another shot at closing a deal. After... Read More

Business
Wine Sellers Brace for Second Round of Tariffs
2020-08-07 19:26:31
by Dan McCue

WASHINGTON - As if a global health crisis wasn't enough to have on their plate, wine sellers are bracing for the imposition of another round of tariffs that could raise the price of imported European wines and other products by... Read More

EU Nations Clinch $2.1T Budget, Virus Aid Deal After 4 Days

BRUSSELS (AP) — Weary but relieved, European Union leaders finally clinched an unprecedented 1.82 trillion euro ($2.1 trillion) budget and coronavirus recovery fund early Tuesday, somehow finding unity after four days and as many nights of fighting and wrangling over... Read More

Boris Johnson’s Election Bid Casts Doubt Over EU Brexit Delay

LONDON — Boris Johnson’s efforts to break three years of gridlock in the U.K. Parliament with another election were thrown into doubt, after his main opponent demanded he rule out a no-deal Brexit first. Labour Party Leader Jeremy Corbyn said... Read More

Foreign Affairs
Scottish Whiskey, French Wine and Italian Cheeses Targeted For Tariffs
2019-10-04 15:27:04
by Dan McCue

WASHINGTON - Scottish whisky, French wine and Italian cheese all could feel the wallop of hefty tariffs now that the World Trade Organization decided it will allow the United States to place tariffs on $7.5 billion of European Union goods.... Read More

Theresa May to Step Down As UK Prime Minister, Eyes June 7 Departure
2019-05-24 15:33:50
by Dan McCue

Theresa May announced Friday morning that she will step down as the United Kingdom's Conservative Party leader June 7, conceding defeat in her years-long attempt to take Britain out of the European Union. May's voice cracked as she made a... Read More

Economy
Trump Urged to Drop Tariff Threat on Imported Autos and Auto Parts
2019-03-27 23:19:34
by Dan McCue

Nine members of the New Democrat Coalition, led by vice chairs Representatives Terri Sewell, D-Ala., and Suzan DelBene, D-Wash., sent a letter to President Donald Trump Wednesday, urging him to abandon his threat to impose sweeping new tariffs on auto... Read More

Straight From The Well