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The Latest Breaking News from the European Commission

EU votes to impose tough new tariffs on Chinese electric vehicles

EU countries on Friday approved hefty additional tariffs on electric cars made in China, despite strong opposition led by Germany and fears the move will spark a trade war with Beijing.

Radio France Internationale

Cocoa Settles Mixed on Reduced Supply Concerns and British Pound Weakness

December ICE NY cocoa (CCZ24 ) Thursday closed down -34 (-0.48%), and December ICE London cocoa #7 (CAZ24 ) closed up +98 (+1.98%). Cocoa prices Thursday settled mixed, with NY cocoa falling to a 4-week low. Cocoa fell Thursday on negative carryover from Wednesday when the European Commission postponed an...

Barchart

EU takes Hungary to European Court of Justice over ‘sovereignty’ laws

The European Commission says the ‘sovereignty’ laws breached a series of rights enshrined in European Union law.

Al Jazeera

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Cocoa Prices Mixed as Supply Concerns Ease and the British Pound Tumbles

December ICE NY cocoa (CCZ24 ) today is down -3 (-0.04%), and December ICE London cocoa #7 (CAZ24 ) is up +124 (+2.50%). Cocoa prices today are mixed, with NY cocoa falling to a 4-week low. Negative carryover from Wednesday is weighing on cocoa prices after the European Commission postponed...

Barchart

Nissan's Death Spiral Continues

Today on Critical Materials: Nissan is in trouble, the U.S. has doubled its EV tax credit spending in four months, and Europe is ready to vote on EV tariffs.

InsideEVs

EU is taking Hungary to court. It says a law targeting foreign influence really targets basic rights

The European Commission is taking Hungary’s right-wing government to court over laws that could allow the authorities to investigate and prosecute people accused of undermining the country’s sovereignty

The Independent UK

China EV startup Xpeng wants to bring ‘the best technology’ to Europe as the EU is set to finalize new tariffs on auto imports

Brian Gu, Xpeng’s copresident, argued Wednesday that fierce local competition, not state support, explains China’s EV success.

Fortune

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The Middle East is on the brink of all-out war – so why is the EU still navel-gazing?

A decade ago, Europe helped broker the Iran nuclear deal. Now, it seems at a total loss, absent from efforts to stop the unfolding crisis

The Guardian - UK

London Cocoa Posts Sharp Losses as EU Postpones Anti-Deforestation Law

December ICE NY cocoa (CCZ24 ) Wednesday closed up +25 (+0.36%), and December ICE London cocoa #7 (CAZ24 ) closed down -148 (-2.90%). Cocoa prices Wednesday settled mixed, with London cocoa posting a 1-month low. London cocoa sank Wednesday after the European Commission postponed an anti-deforestation law. The legislation, scheduled...

Barchart

Coffee Prices Fall Sharply as EU Delays Anti-Deforestation Law

December arabica coffee (KCZ24 ) Wednesday closed down -7.65 (-2.90%), and November ICE robusta coffee (RMX24 ) closed down -334 (-6.13%). Coffee prices Wednesday sold off sharply to 1-week lows after the European Commission postponed an anti-deforestation law. The legislation, scheduled to go into effect December 30, is aimed at...

Barchart

London Cocoa Tumbles as EU Postpones Ant-Deforestation Law

December ICE NY cocoa (CCZ24 ) today is up +21 (+0.30%), and December ICE London cocoa #7 (CAZ24 ) is down -148 (-2.90%). Cocoa prices today are mixed, with London cocoa posting a 1-month low. London cocoa sank today after the European Commission postponed an anti-deforestation law. The legislation, scheduled...

Barchart

Coffee Prices Plummet as EU Delays Anti-Deforestation Law

December arabica coffee (KCZ24 ) today is down -7.10 (-2.69%), and November ICE robusta coffee (RMX24 ) is down -300 (-5.51%). Coffee prices today plummeted to 1-week lows and are sharply lower after the European Commission postponed an anti-deforestation law. The legislation, scheduled to go into effect December 30, is...

Barchart

Facing Backlash, EU Moves To Delay Deforestation Rules

The European Commission on Wednesday proposed to delay by a year a ban on imports of products driving deforestation that has faced pushback from countries around the world.

International Business Times

Cocoa-producing countries call on EU to delay anti-deforestation law

Cocoa-producing countries have asked the European Union for at least two more years to comply with EU regulation intended to ensure that beans imported to Europe do not come from deforested plots. But despite the mounting pressure, the Commission says it remains focused on implementing the regulation.

Radio France Internationale

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Investors Business Daily

Google Files EU Complaint Over Microsoft Cloud Business Tactics

Google filed a complaint to the European Commission alleging that Microsoft's cloud computing unit has engaged in anti-competitive practices.

The Conversation

The European Union is becoming too obsessed with defence

A new team of 26 leaders has been appointed to the European Commission, reflecting a carefully crafted balance of political ideologies and member states. Each will take on a different portfolio, from democracy to agriculture to innovation.

The Guardian - UK

Germany and France call for Europe-wide deal with UK on migration

Letter sent to EU said Brexit had gravely affected ‘the coherence of policies’ on asylum and migration

Zenger

“Germany Struggles To Find Reliable Alternatives To Fossil Fuels” – Former Top EU Energy Policy Official

Professor Em. Samuel Furfari analyzes energy transition and challenges facing Germany.

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The Guardian - UK

EU to offer new youth mobility scheme in test of Labour ‘reset’ with Brussels

Officials warn repeat of Tory rejection could dent new government’s hopes of pacts on defence and agriculture

France 24

Failing to control debt handicaps future generations: Spain’s former foreign minister

The new French government faces many challenges, including questions about its democratic legitimacy, and a public debt which has worried France’s EU partners. We discuss the economic outlook with former Spanish foreign minister Arancha Gonzalez Laya, who is now dean of the Paris School of International Affairs. We also look…

Radio France Internationale

EU, China hold 'constructive' talks on electric vehicle tariffs but still no agreement

EU Trade Commissioner Valdis Dombrovskis reported positive progress in discussions with Chinese Commerce Minister Wang Wentao on Thursday. The talks come as China aims to negotiate an agreement with the European Union to prevent the imposition of high tariffs on electric vehicles (EVs) exported to EU countries.

Radio France Internationale

France asks for EU help to destroy 'unprofitable' Bordeaux vines

The French government is appealing to the European Commission for €120 million in financial aid to destroy 30,000 hectares of French vineyards, mostly in the Bordeaux region. The sector has seen a significant drop in both domestic and overseas sales, stemming in part from changing drinking habits.

The Independent UK

Turkey wants to regulate Germany's beloved döner kebab street food

The döner kebab is beloved in Berlin

The Guardian - UK

Teresa Ribera: the Spanish deputy PM set to become one of most powerful people in Brussels

Socialist and veteran climate campaigner will be one of six executive vice-presidents in European Commission team

Top News

EU Takes Steps To Compel Apple For Interoperability

EU to enforce new regulations on Apple for interoperability under Digital Markets Act, promoting fair competition.

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