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European Union (EU)

AP News | Equities.com |

President Joe Biden’s decision to form a strategic Indo-Pacific alliance with Australia and Britain to counter China is angering France and the European Union. They’re feeling left out and seeing it as a return to the Trump era.

The security initiative, unveiled this week, appears to have brought Biden’s summer of love with Europe to an abrupt end. AUKUS, which notably excludes France and the European Union, is just the latest in a series of steps, from Afghanistan to east Asia, that have taken Europe aback.


Kimberly Redmond | Equities.com |

The European Union is recommending its 27 member nations to ban non-essential travel from the US and other countries due to the latest surge in COVID-19 cases.

On Monday, countries within the bloc were advised to reinstate coronavirus-related restrictions and halt the arrival of tourists from the US, Israel, Kosovo, Lebanon, Montenegro and North Macedonia.


Reuters | Equities.com |

The European Union is set to propose measures on Wednesday, as part of a broad climate package, that signal the end of petrol (gasoline) and diesel car sales within 20 years, and accelerate a switch to electric propulsion.

Many carmakers have already announced huge investments in electrification, partly in anticipation of tougher emissions targets, but want to know whether the EU will back them by building public charging stations, and how soon it wants hybrid electric/combustion vehicles to be phased out.


AP News | Equities.com |

After Dr. Ifeanyi Nsofor and his wife received two doses of AstraZeneca’s coronavirus vaccine in Nigeria, they assumed they would be free to travel this summer to a European destination of their choice. They were wrong.

The couple — and millions of other people who have been vaccinated through a U.N.-backed effort — could find themselves barred from entering many European and other countries because those nations don’t recognize the Indian-made version of the vaccine for travel.


AP News | Equities.com |

The European Union has put on hold work on plans for a digital levy for the moment to concentrate on finalizing the historic tax decision endorsed by the Group of 20 nations over the weekend, officials said Monday.

In the face of U.S. criticism, the European Commission said that its work on the levy that would hit American technology companies would go on ice to allow for smooth cooperation on the political and technical hurdles that still need to be addressed on the G-20 tax decision before the end of October.


AP News | Equities.com |

The deal the United States and the European Union reached Tuesday to end their long-running rift over subsidies to Boeing and Airbus will suspend billions in punitive tariffs. It will ease trans-Atlantic tensions. And it will let the two sides focus on a common economic threat: China.

But the breakthrough still leaves some trade friction between the U.S. and the EU unresolved. Most prominently, President Biden kept in place import taxes that President Donald Trump imposed on European steel and aluminum, a move that infuriated some of America’s closet allies three years ago.


Reuters | Equities.com |

By Andrea Shalal, Humeyra Pamuk and Robin Emmott

In 2017, the president of the United States shocked Washington’s Western allies during his first European trip, scolding them for failing to pay their “fair share” on defense, physically shoving aside one prime minister, and white-knuckling another leader in a public handshake.

After four tumultuous years for the transatlantic relationship under Donald Trump, his Democratic successor Joe Biden...


AP News | Equities.com |

The European Union agreed Monday to impose sanctions on Belarus, including banning its airlines from using the airspace and airports of the 27-nation bloc, amid fury over the forced diversion of a passenger jet to arrest an opposition journalist.

Reacting to what EU leaders called a brazen “hijacking” of the Ryanair jetliner flying from Greece to Lithuania on Sunday, they also demanded the immediate release of the journalist, Raman Pratasevich, a key foe of authoritarian Belarusian President Alexander Lukashenko.