Thursday 2 October 2014
 
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European Union

EU ministers rap France over broken vow

France yesterday faced harsh criticism for failing to meet a deadline to put its finances in order, as frustrated euro zone ministers struggled to keep alive their post-crisis strategy for the bloc's stagnating economy. Embold

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EU wants to stop Islamic State oil sales from Syria

The European Union is looking into how it could tighten sanctions to stop Islamic State militants from selling oil from fields they have overrun in Syria, a European diplomat said on Wednesday. The issue could come up at an emerge

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EU to impose economic sanctions on Russia

European Union governments reached a deal on Tuesday to impose economic sanctions against Russia, targeting its oil industry, defence, dual-use goods and sensitive technologies, diplomats said. The sanctions will be reviewed after

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Guide offers aid on new air cargo rules into EU

Rapiscan Systems, a leader in security inspection systems, has developed a handy guide offering information for air cargo mail carriers to achieve certification and continue operating into the European Union. As of July 1, all air

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World trade improves but 2014 ‘still below trend’

The World Trade Organization slightly raised its 2014 forecast for growth in global goods trade to 4.7 per cent on Monday, saying it did not expect a return to the historical trend level of 5.3 per cent until 2015. "If GDP fo

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EU awaits surge in UAE corporate travellers

Business destinations in the EU are now expecting an influx of business travellers from the UAE, after the European Parliament voted for Emiratis to be exempt from obtaining visas to visit any of the 25 Schengen countries last week.

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Ukraine's fugitive president wanted for mass murder

Fugitive Ukrainian President Viktor Yanukovich, ousted after bloody street protests in which demonstrators were shot by police snipers, is wanted on an arrest warrant for mass murder, authorities announced on Monday. As rival neig

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EU seeks peace as Ukraine death toll hits 75

European Union ministers sought to broker a political settlement in Ukraine after gun battles between police and anti-government protesters brought the death toll to 75 in two days of the worst violence in the country since Soviet times.

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Ukraine truce shattered, death toll tops 50

Fresh fighting broke out in central Kiev on Thursday, shattering a truce declared by Ukrainian President Viktor Yanukovich, as the Russian-backed leader met European ministers demanding he compromise with pro-EU opponents. A Reute

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EU officials slam S&P after ratings downgrade

Credit agency Standard & Poor's has cut its triple-A rating of the European Union by one notch, saying it had concerns about how the bloc's budget was financed, a view EU leaders and other officials dismissed as misguided.

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