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The Latest Breaking News from the European Commission

Polish government's decision to suspend asylum law triggers concerns from civil society

Human and civil rights groups are voicing concern after the Polish leader said he would temporarily suspend the right to asylum because of its alleged abuse by eastern neighbors Belarus and Russia

The Independent UK

State-Owned Chinese EV Company Considers Making Cars in EU: Report

GAC is 'actively exploring this possibility' after the European Commission voted to impose tariffs of up to 45% on imported Chinese EVs, a company exec said.

International Business Times

Fixture calendar dispute: Leagues and unions prepare to challenge FIFA on Monday

Leagues and unions will lodge a legal complaint with the European Commission on Monday accusing FIFA of abusing a dominant position over the fixture…

The National (Scotland)

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French public debt reaches record high: Is France the sick man of Europe?

France's debt has reached a record €3.228 trillion, amounting to 112 percent of GDP. That is well above the cap set by EU rules. Of course, France isn't the only member state to have racked up debt during the Covid pandemic and the energy crisis. Several countries have been reprimanded…

France 24

Plan to fingerprint passengers on entry to EU to be delayed again

France, Germany and the Netherlands have raised concerns over entry-exit system, originally due to launch in 2023

The Guardian - UK

Could the EU’s Green Deal provide security benefits?

The European Green Deal proposed by the European Commission, aims to make the European Union climate neutral by 2050. Launched in 2020, it focuses on reducing greenhouse gas emissions through a transition to clean energy sources. Its proponents credit it with numerous benefits, as noted by economist Claudia Kemfert:

The Conversation

Tesla Cybertruck ‘too big and sharp’ for European roads, say campaigners

Questions raised about registration in Czech Republic of one of first models to reach continent

The Guardian - UK

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A 'dramatic break' with China would be a 'big mistake', former ECB chief Trichet says

France's public debt is very much in the spotlight. The country's recently appointed prime minister, Michel Barnier, calls it a "sword of Damocles" hanging over future generations. Indeed, for many countries, paying interest on the national debt deprives them of investing in education, healthcare, research and so on. Similar debates…

France 24

EU Imposes Duties On Chinese Electric Vehicles

EU countries vote to impose duties on Chinese electric vehicle imports amid trade disputes. Ongoing negotiations with China crucial for future trade relations.

Top News

EU votes in favor of massive tariffs on Chinese EVs. Here's what it means

A divided EU reluctantly agreed massive tariffs on Chinese-made EVs.

Fortune

Microsoft Edge gets "unfair advantage", browser makers claim

A letter has alleged that Edge's default status on Windows machines gives it an unfair advantage.

TechRadar

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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Barchart

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...

InsideEVs

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.

The Independent UK

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

Fortune

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.

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The Guardian - UK

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

Barchart

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...

International Business Times

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.

Radio France Internationale

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.

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