Author: staff
Steel deal The stickiest issues related to steel and the EU’s carbon border tax: New Delhi, a major steel exporter, wanted to make sure that its metals wouldn’t be impacted by an upcoming 50 percent EU tariff on steel, and the carbon levy that has just entered force. In response to those concerns, the EU plans to give India a significant share of the 18.3 million metric tons of steel allowed to enter the bloc duty free — Brussels will negotiate this with its partners as is required by global trade rules. “There will of course be a difference in…
The United States has produced 40 AI foundation models. China has developed 15. All of Europe combined has created just three. The European Union is losing the global “AI race” on nearly every key metric except regulation. While China and the United States invest billions in infrastructure, talent, startups, labs, and research, Europe remains focused on rules. Policy burdens and fragmentation across 27 member states create major hurdles: progress is inconsistent, talent leaves, and capital goes elsewhere. Clark Parsons, leader of the European Startup Network, is blunt about the imbalance. “The EU should stop patting itself on the back for…
By Euronews with AP Published on 27/01/2026 – 7:54 GMT+1 At least 30 deaths were reported as a severe winter storm pummelled much of the United States, with many states facing below-freezing temperatures and no electricity. Roughly two-thirds of the US is gripped by the bitter cold, with areas in the Midwest, South and Northeast heavily affected. A new surge of Arctic air is expected to prolong freezing temperatures in areas already blanketed in snow and ice. Areas north of Pittsburgh saw up to 50 centimetres of snow and felt wind chills as low as 31 degrees Celsius late Monday, according to The…
A brand-new passenger train is undergoing testing at railway manufacturer Alstom’s facility in Derby, northern England. It will soon enter service on the United Kingdom’s South Western Railway network. But while the British-built Class 701 Aventra train runs through its paces on an outdoor test track, the most important work is happening inside a digital laboratory known as Train Zero. The facility recreates an entire train in virtual form, using racks of hardware and software to simulate how onboard systems behave in real-world conditions. “In here we are mainly testing one product, and that’s called the Aventra trai,n and that…
These are likely to include joint work on medical, health and life sciences, cooperation on climate science, and work to highlight Mandarin language schemes, the people said. Officials are also working on the mutual recognition of professional qualifications and visa-free travel for short stays, while firms have been pushing for more expansive banking and insurance licences for British companies operating in China. The U.K. is meanwhile likely to try to persuade Beijing to lower import tariffs on Scotch whisky, which doubled in February 2025. A former U.K. official who was involved in Britain’s last prime ministerial visit to China, by…
Updated: 26/01/2026 – 12:00 GMT+1 Catch up with the most important stories from around Europe and beyond this January 26th, 2026 – latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel. … More
The digital economy presents growing challenges for tax systems as online services highlight the limitations of current frameworks. Virtual ventures, such as Meta or Alphabet, notably have large customer bases in countries where they have no physical presence, generating profits from advertising or subscription services. Because tax rules still assume a physical presence, profits from digital activities often bypass contributions where consumers are located. Instead, multinationals usually pay corporate levies where production takes place. “It is important that all sectors of our economies pay their fair share of taxes and contribute to the functioning of our societies,” says the European…
Die Koalition will raus aus dem Reformstillstand. Mit dem Bericht der Sozialstaatskommission soll heute ein Wendepunkt markiert werden: weniger Bürokratie, mehr Digitalisierung, effizientere Leistungen. Arbeitsministerin Bärbel Bas legt vor, der Kanzler positioniert sich. Gordon Repinski ordnet die Vorschläge gemeinsam mit Rasmus Buchsteiner ein und blickt auf die nächste, politisch heiklere Reformrunde bei Rente und Krankenversicherung. Im 200-Sekunden-Interview: Matthias Moosdorf, der frühere außenpolitische Sprecher der AfD. Es geht um Russland, den Angriffskrieg gegen die Ukraine, persönliche Verbindungen nach Moskau und um die Frage, wo politische Provokation endet und journalistische Konfrontation beginnt. Warum dieses Gespräch das letzte seiner Art bleibt, erklärt Repinski…
US Border Patrol chief Gregory “Greg” Bovino, who has been at the centre of fierce criticism following a second fatal shooting amid the Trump administration’s immigration crackdown in Minneapolis, is expected to leave the city on Tuesday along with other agents, according to a person familiar with the matter. In a sign of a softer tone from President Donald Trump on the crackdown, the US leader has scaled back federal presence in Minneapolis and replaced Bovino with his border czar, Tom Homan. The shift in tone comes after 37-year-old ICU nurse, Alex Pretti, was fatally shot by federal immigration officers,…
Both Allisio and Vassal are calling for unspecified spending cuts while preserving basic services provided at the local level like schools, public transportation and parks and recreation. Vassal, who is polling third, said she would make public transportation free for residents younger 26 to travel across the spread-out city. She accuses the current administration of having delivered an insufficient number of building permits, slowing the development of new housing and office buildings and thus the revitalization of Marseille’s most embattled areas — a trend she pledged to reverse. Both Vassal and Allisio are advocating for less local taxes on property…