Author: staff
Volvo Cars will develop different technologies for products offered to Chinese and Western customers as trade becomes more fragmented, said CEO Håkan Samuelsson on Monday. “It’s our target now to have two versions of software and silicon components, the computer in the car,” he told Euronews at the EVS38 symposium in Gothenburg, Sweden.“We need to have a Western version and a Chinese version. That’s something we just need to live with and adapt to.”Volvo Cars has been headquartered in Gothenburg since its creation in 1927, although the firm has been majority owned by China’s Geely Holding Group since 2010.If efforts weren’t…
Trump had earlier suggested he didn’t want to tighten the screws on Moscow further because “sanctions cost us a lot of money.” Listen AI generated Text-to-speech Share
In particular Cassy cited sluggish procurement processes holding back the U.K. alongside an ingrained aversion to risk and an over-reliance on a handful of major defense suppliers. The SDR recommended a three-month deadline for bringing the latest tech into use, in a bid to keep up with the pace of modern warfare. Cassy, co-founder of CyLon Ventures, said the lesson was imperative across the alliance, stressing: “If we went up to 5 percent [spending on defense] tomorrow, but we’re still in our old habits, we wouldn’t be prepared for the future.” “We within NATO — not just the U.K. but…
“I remember saying at the time that it would be very, very disappointing if in about 20 years’ time, it was exactly the same kind of forum,” said former Labour London Minister Tony McNulty, who helped craft the office. “That’s more or less where it’s stuck.” City Hall vs Whitehall While the mayoralty arrived not with a bang but with a whimper, it soon found its feet. Just 34 percent of the electorate voted in the 1998 referendum approving its establishment. Yet two larger-than-life politicians — first Ken Livingstone, then Boris Johnson — helped put rocket-boosters under the institution, which…
“I think the person who’s doing a review, we did a review when we came into government,” the British prime minister added. “So that makes good sense to me.” The pair’s comments leave unanswered questions on whether the deal will go ahead exactly as planned, after the Pentagon review. The original terms of the deal dictated that the U.S. would sell Australia three Virginia class submarines within the next decade, before the AUKUS submarines are built. Some in Trump’s orbit believe America does not have the industrial capacity to cover the loss of those subs, particularly while U.S. submarine production…
“When we focus our attention on tariffs between partners, it diverts our energy from the real challenge — one that threatens us all,” von der Leyen said in a pointed comment aimed squarely at Trump, who sat near her at the G7 roundtable. “On this point, Donald is right — there is a serious problem,” von der Leyen added, encouraging the U.S. president to join forces with his allies to address China’s trade imbalances, rather than impose tariffs on his allies. Brussels has tried for months to convince Trump not to target the EU in his trade war, arguing that…
Steel and aluminum tariffs will, for now, remain at 25 percent instead of dropping to 0 percent as originally agreed. British officials say the two sides will continue to negotiate on cutting these tariffs. Standing beside Trump, Starmer said: “This now implements on car tariffs and aerospace of our really important agreement, and so this is a very good day for both of our countries.” Trump also appeared to suggest Britain will be protected from further universal tariffs. He said: “The U.K. is very well protected, you know why? Because I like ‘em, that’s why. That’s their ultimate protection.” Outlined…
“Let’s see them do it first,” he told reporters in a joint press appearance with British Prime Minister Keir Starmer. He added: “When I sanction a country, that costs the U.S. a lot of money — a tremendous amount of money. “It’s not just, let’s sign a document. You’re talking about billions and billions of dollars. Sanctions are not that easy. It’s not just a one-way street.” The president said he wanted to keep trying to progress forward stalled peace negotiations before hitting Russia with further punitive measures. The EU is calling for a cut to the Russia oil price…
On June 5, parliamentarians voted to expel Rosļikovs from the assembly for “unethical conduct” after he spoke Russian on the parliament floor, which is against parliamentary regulations. While opposing a law that would require certain Russian-speaking residents to pass a Latvian language exam, the then-MP shouted, “There are more of us, our language is Russian!” and made an obscene hand gesture. The security services opened their probe on suspicion that Rosļikovs’ speech and “other recent activities” violated laws on Russian assistance and inciting ethnic hatred, but did not specify which incidents it was referring to. If convicted, Rosļikovs could face…
Trump continued that at the time he hadn’t considered Russia or its leader, Vladimir Putin, as the enemy. “There was no concept — if I were president, this war would have never happened.” Asked if Putin should be invited back to the G7, Trump said: “I’m not going to say he should at this point, because too much water’s gone over the dam, maybe. But it was a big mistake.” The U.S. leader added that “Putin speaks to me, he doesn’t speak to anybody else because he was insulted when he got thrown out of the G8.” Carney didn’t respond…