In a statement Volkswagen said, it will unveil a production version of its long-awaited ID.Buzz on March 9. The ID.Buzz is an electric reincarnation of its beloved Microbus which VW plans to launch in the US in late 2023. The EV… Read More ›
Europe
France will launch lawsuit against Britain against fishing licenses
In a statement French Europe Minister Clement Beaune said, France will file a lawsuit against Britain over post-Brexit fishing licences sometime in early January. He went on to add, there will be a high-profile meeting with EU representatives on January… Read More ›
German Chancellor Olaf Scholz vows inclusive digital transformation of economy
German Chancellor Olaf Scholz said, his government would make Germany, Europe’s biggest economy, fit for the future and vowed it would leave no one behind in this major transformation of the economy. Vowing increased investments in climate protection and digitalization… Read More ›
Omicron likely to become dominant variant in Europe by early 2022: ECDC
In a statement, the European Centre for Disease Prevention and Control (ECDC) said, there is a “very high” that the Omicron variant of COVID-19 will become dominant in Europe by early 2022 and lead to a growing number of hospital… Read More ›
US tech giants should bear partial cost of developing EU telecom networks: European telcos
On Monday, the CEO of Deutsche Telekom, Vodafone, and 11 other major European telecoms companies said, U.S. tech giants should bear some of the costs of developing telecom networks in Europe based on the fact that they use them so heavily. The… Read More ›
Ruling by Poland’s Constitutional Tribunal widens possibility of Polexit
In a significant development that once again casts a shadow on the concept of the European Union, Poland’s Constitutional Tribunal ruled that the European Court of Human Rights has no power to question its appointment of judges. The ruling by… Read More ›
Italy and France to sign accord aimed at tilting the balance of power in Europe
France and Italy are set to a sign a deal aimed at tilting the balance of power in Europe after the departure of German Chancellor Angela Merkel, said a government source. Emmanuel Macron and Mario Draghi are set to sign… Read More ›
Best protection for everyone is to get booster doses: Boris Johnson
In a statement British Prime Minister Boris Johnson said, at the moment he sees no need to move the UK to “Plan B” of vaccine passes, mask mandates, and work from home orders, despite rising COVID-19 cases in parts of… Read More ›
Unrealizable production of magnesium by China, adds to headwinds facing automakers
In recent days, European automakers who are already reeling from the global chip shortage have hastened to reassure shareholders that shortages in magnesium do not, for now pose a risk to production plans. Car part suppliers and industry associations have… Read More ›
Taliban fighting losing battle to keep Afghanistan’s economy running
With Afghanistan facing a severe cash crunch, migration crisis and mass starvation, the Taliban government is pressing for the release of billions of dollars from its central bank reserves. Afghanistan has parked billions of dollars in assets overseas with central… Read More ›