Nov. 22, 2024, 1:23 p.m.

Meloni: Hope the EU can read the voters' message

Italian Prime Minister Giorgio Meloni says he hopes the European Union will understand the message voters sent in the European Parliament elections.

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G7 leaders have reached a political agreement to use proceeds from Russia's frozen assets to aid Ukraine

Leaders of the Group of Seven nations have agreed to a framework political agreement to use interest from frozen Russian assets to provide Ukraine with $50 billion in loans.

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Germany: Additional tariffs on Chinese electric cars could trigger trade war

Germany said Wednesday that the European Union has threatened to impose additional tariffs on Chinese electric cars following an anti-subsidy investigation, a move that could spark a "trade war." The German car giant warned that such a move would backfire.

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Britain's unemployment rate rising to 4.4% is not good for the Conservatives

Britain's unemployment rate rose to 4.4 percent, an awkward situation for Prime Minister Sunak, who is standing for election next month, although income growth remains high.

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British Prime Minister Sunak's election manifesto focused on tax cuts and promised to cut $29.2 billion a year

Prime Minister Sunak put tax cuts at the heart of his Conservative Party's election manifesto, promising to cut taxes for working people by 17.2 billion pounds if re-elected.

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The European Union is to recommend the formal launch of membership talks for Ukraine this month

The Financial Times quoted three people familiar with the matter as saying that the European Commission believes Ukraine is ready for EU accession talks and will recommend on Friday (June 7) that Ukraine's accession talks start this month to avoid delays after Hungary takes over the EU presidency.

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Poll: Only 6% of Western Europeans think the US can guarantee European security in the next 10 years

Only a small minority of Britons, French and Germans have a great deal of confidence that the US will guarantee their security over the next decade, according to a survey.

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Ilo Director-General: Multiple crises hinder Labour market recovery

The ILO's director General, Hong Bo, says the multiple crises could adversely affect the recovery of the labor market.

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SHEIN is rumoured to be close to listing in London at a valuation of £50bn

Fast fashion giant SHEIN is planning a London stock market listing that is expected to value it at around 50 billion pounds.

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The leader of Britain's Labour Party has vowed to cut net migration by banning illegal businesses from hiring foreign workers

The leader of Britain's opposition Labour Party, Starmer, says he plans to ban employers who break employment laws from hiring workers from abroad in an attempt to reduce net migration to Britain.

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