202206.17
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The US and the EU Conclude a Trade Truce

The United States and the European Union have reached a peace agreement after a long dispute over aircraft subsidies. The trade conflict lasted for 17 years. The parties have had simultaneous lawsuits in the World Trade Organization since 2004. The lawsuits concerned the subsidization of American aircraft manufacturer Boeing and European competitor Airbus. Both sides…

202206.09
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The EU Trying to Achieve Energy Independence

According to the Financial Times, Brussels also wants autonomy in agriculture, healthcare, technology and defense, but not at the expense of isolation. Unlike other industries, today the situation is the worst in energy sector. The security of a large part of the continent is ensured by the North Atlantic Alliance. Partner countries are also involved…

202205.26
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The Frozen Assets of Russian Oligarchs Becomes a Financial Burden for the Government of Italy

After the European Union froze $ 250 million in assets of Russian businessmen, the Italian government faced several problems. According to the Washington Post article, the main challenge of the country today is to manage the frozen villas of the Russians, which is quite expensive. There is also the question of what function the empty…

202205.19
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Germans Running out of Beer Bottles

German breweries have issued a warning stating that there may be a shortage of beer bottles this summer, citing increased production costs and a shortage of truck drivers. The executive director of the German Brewery, Holger Eichel, told the German newspaper Bild that the situation was “extremely difficult.” Due to inflation, breweries in new glass…

202205.12
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The EU Intends to Register Only Electric Vehicles from 2035

The European Union is going to register only electric vehicles on its territory from 2035, without exception, German publication – Handelsblatt reports. According to the newspaper, agreement on this is already achieved in the European Parliament and the Council of the European Union. The publication’s got access to the “compromise proposal” sent by France, the…