EU fines AliExpress 550 million euros for selling dangerous goods
The EU has imposed a fine on the Chinese online marketplace AliExpress for selling illegal goods.
Volkswagen crisis deepens: union says 140,000 jobs at risk
Volkswagen faces potential 140,000 job cuts amid cost-cutting measures and plant closure risks.
Greece blocks new EU sanctions against Russia, demanding exception for LNG transportation
Member states of the EU are outraged by this request, with one diplomat calling it “shameless”.
Catalonia Receives Less Than Half of State Investments Relative to Its Economic Share
Catalonia receives only 8.6% of all state investments that can be attributed to individual autonomous communities.
CNBC Poll: 61% of Americans Pessimistic About U.S. Economy
Despite the rapid growth of the stock market and improved inflation figures, Americans’ moods remain as gloomy as in the years following the pandemic.
Ukraine Strikes 12 Ships of Russian ‘Shadow Fleet’ in Black Sea, Commander Says
“The goal is complete and irreversible paralysis of oil, fuel, and cargo logistics bypassing sanctions,” the commander wrote.
EU wants to change emissions trading rules and link benefits to green investments
This Friday, the European Commission presented a long-awaited proposal to reform the Emissions Trading System (ETS).
Italian Deputy Prime Minister: Ban on Russian gas purchases will not end the war
This statement by Matteo Salvini was made during a video conference at the assembly of Gim Unimpresa — an association of Italian businesses in Russia.
Iran prepares new blow to global oil: Houthi ordered to be ready to block Red Sea
Iran has called on the Yemeni Houthi movement to be ready to block shipping through the Bab al-Mandab Strait.
Last British steelworks nationalized: government calls it ‘vital for the economy’
The British government nationalized the last British steelworks, calling it vital for the economy.