eu

OCC News: Agencies Adopt Interim Final Rule to Facilitate Transfers of Legacy Swaps

WASHINGTON (STL.News) – Five federal agencies today acted to ensure that qualifying swaps may be transferred from a United Kingdom (UK) entity to an affiliate in the European Union (EU) or the United States without triggering new margin requirements. The action is in response to the possibility of a non-negotiated withdrawal of the UK from … Continue reading OCC News: Agencies Adopt Interim Final Rule to Facilitate Transfers of Legacy Swaps

UK’s main opposition takes step to backing new Brexit vote

SHARM EL-SHEIKH, Egypt (AP) — Britain’s main opposition party took a big step Monday toward backing a second Brexit referendum amid rising concerns the country could crash out of the European Union next month without a deal. The EU also warned that Britain faced the prospect of either a chaotic exit from the bloc or delaying … Continue reading UK’s main opposition takes step to backing new Brexit vote

Bucharest, Romania: EU fears spread of nuclear arms as US readies to quit pact

BUCHAREST, Romania (AP) — European Union foreign ministers raised concerns Friday about the spread of nuclear weapons as the United States readied to pull out of a key Cold War-era treaty, blaming Russia for violating it. The Trump administration is poised to announce later Friday that it is withdrawing from the Intermediate-Range Nuclear Forces treaty … Continue reading Bucharest, Romania: EU fears spread of nuclear arms as US readies to quit pact

U.S. Department of State News: Macedonia Implements Prespa Agreement

WASHINGTON – Jan. 12, 2019 – The U.S. Department of State (DOS) released the following statement today: The United States welcomes the decision by Macedonia’s Parliament to adopt the constitutional amendments needed to ratify the Prespa Agreement with Greece.  Macedonia’s leaders demonstrated vision, courage, and persistence in their pursuit of a solution to the name … Continue reading U.S. Department of State News: Macedonia Implements Prespa Agreement

Brexit Is Not Affecting House Prices As Much As You May Think – Source Slater Forbes

  LINCOLN, ENGLAND/ DECEMBER 18, 2018 (STL.News) At the time of writing, Brexit is not affecting house prices as much as you may think. There was a slight pause in the market in 2016 when the referendum took place, but for now, things seem relatively stable. The closer the UK’s departure from the EU becomes, … Continue reading Brexit Is Not Affecting House Prices As Much As You May Think – Source Slater Forbes

U.S. Department of State News:Macedonia’s Referendum on the Prespa Agreement

WASHINGTON – The U.S. Department of State released the following statement: The United States welcomes the results of the Republic of Macedonia’s September 30 referendum, in which citizens expressed their support for NATO and European Union (EU) membership by accepting the Prespa Agreement between Macedonia and Greece.  The United States strongly supports the Agreement’s full … Continue reading U.S. Department of State News:Macedonia’s Referendum on the Prespa Agreement

Tech companies lead US stock rally amid trade progress signs

A strong performance by technology stocks and signs of progress in the trade dispute between the U.S. and the European Union powered the market to its third consecutive gain Wednesday. The Nasdaq composite closed at an all-time high. The major stock indexes jumped in the last half-hour of trading amid reports that a meeting between … Continue reading Tech companies lead US stock rally amid trade progress signs

U.S. Department of State News: Progress on Ukraine Energy Reforms

WASHINGTON – U.S. Department of State today released the following statement: The United States is pleased to note that the Government of Ukraine has welcomed an important announcement made today related to reform of the Ukrainian energy sector.  The supervisory boards of Ukrainian state-owned Naftogaz and Main Gas ‎Pipelines of Ukraine signed a Memorandum of … Continue reading U.S. Department of State News: Progress on Ukraine Energy Reforms

BERLIN | German industry group says EU mustn’t be blackmailed by US

BERLIN — The head of an influential German industry organization is calling on the U.S. and the European Union to put an end to the escalating trade dispute between the two economic superpowers. Dieter Kempf of the Federation of German Industries said Monday that “Europe mustn’t allow itself to be blackmailed and should act with … Continue reading BERLIN | German industry group says EU mustn’t be blackmailed by US

BERLIN | The Latest: Italy wants to pay less to help asylum-seekers

BERLIN — The Latest on immigration into Europe (all times local): 10 p.m. Italy’s hard-line interior minister is taking steps to reduce the amount of money Italy spends on asylum-seekers, decreeing that only some will get expanded social services aimed at helping them integrate. The interior ministry said a directive designates two levels of services: … Continue reading BERLIN | The Latest: Italy wants to pay less to help asylum-seekers

BUENOS AIRES, Argentina | G-20 calls for more dialogue on rising trade tensions

BUENOS AIRES, Argentina — The world’s top financial officials meeting in Argentina’s capital on Sunday called for more dialogue on trade disputes that threaten global economic growth with one official warning that differences remain and tensions could escalate further. The two-day gathering of G-20 finance ministers and central bankers in Buenos Aires took place as … Continue reading BUENOS AIRES, Argentina | G-20 calls for more dialogue on rising trade tensions

WASHINGTON | Auto industry urges US to hit brakes on proposed car tariffs

WASHINGTON — The U.S. Commerce Department sought feedback on President Donald Trump‘s plans to consider taxing auto imports. It got an earful at an all-day hearing Thursday. Critics lined up to urge the administration to reject auto tariffs. They argued that the taxes would raise car prices, squeeze automakers by increasing the cost of imported … Continue reading WASHINGTON | Auto industry urges US to hit brakes on proposed car tariffs

BRUSSELS  | EU ruling against Google opens ‘opportunity,’ rival says

BRUSSELS  — European regulators’ latest swipe at the dominance of U.S. tech giant Google could open new opportunities for rivals in search and web browsers — that is, if handset manufacturers decide to make the most of the opening. The European Commission on Wednesday fined Google a record $5 billion for forcing cellphone makers that … Continue reading BRUSSELS  | EU ruling against Google opens ‘opportunity,’ rival says

BRUSSELS  |EU tries to limit influx of steel diverted by US tariffs

BRUSSELS  — The European Union has announced measures to shield its market from a glut of steel heading to the continent after the U.S. imposed tariffs on imports of the metal. The Trump administration put tariffs this year on steel and aluminum from several countries, including the 28 of the EU. The EU now fears … Continue reading BRUSSELS  |EU tries to limit influx of steel diverted by US tariffs

BRUSSELS | EU says Airbnb must change booking system after complaints

BRUSSELS — The European Union said Monday that Airbnb has until the end of August to address consumer complaints that the U.S. company’s pricing and booking system can be misleading. EU Consumer Commissioner Vera Jourova says many consumers could be stumped by the complicated pricing structure, which can add extra costs at the end of … Continue reading BRUSSELS | EU says Airbnb must change booking system after complaints

BEIJING  | EU official urges Trump, Putin not to destroy global order

BEIJING  — A senior European Union official on Monday urged President Donald Trump, Russian President Vladimir Putin and China to work with Europe to avoid trade wars and prevent conflict and chaos. European Council President Donald Tusk was speaking in Beijing at the opening of a summit between China and the European Union, just hours … Continue reading BEIJING  | EU official urges Trump, Putin not to destroy global order

LONDON  | The Latest: EU says ready to push on with Brexit talks

LONDON  — The Latest on Brexit (all times local): 11:30 a.m. The European Union says it will push on with Brexit talks despite the resignation of Britain’s chief negotiator, and is ready to work with his replacement. European Commission spokesman Margaritis Schinas says Monday that “we will continue to negotiate in good will, bona fide, … Continue reading LONDON  | The Latest: EU says ready to push on with Brexit talks

WASHINGTON  | Trump plans to go ahead with steel, aluminum tariffs on EU

WASHINGTON  — President Donald Trump’s administration is planning to impose tariffs on European steel and aluminum imports after failing to win concessions from the European Union, a move that could provoke retaliatory tariffs and inflame trans-Atlantic trade tensions. The tariffs are likely to go into effect on the EU with an announcement by Friday’s deadline, … Continue reading WASHINGTON  | Trump plans to go ahead with steel, aluminum tariffs on EU

JERUSALEM  | Israel calls on EU to end funding to pro-boycott groups

JERUSALEM  — Israel called on the European Union on Friday to halt funding to more than a dozen European and Palestinian non-governmental organizations that it says promote boycotts against Israel, saying the financial support violates the EU’s stated policy that it opposes boycotts against the Jewish state. Israel’s Strategic Affairs Ministry published a report with … Continue reading JERUSALEM  | Israel calls on EU to end funding to pro-boycott groups

LONDON  | The Latest: Zuckerberg to heading to EU next Tuesday

LONDON  — The Latest on Facebook’s privacy scandal (all times local): 1:40 p.m. Facebook CEO Mark Zuckerberg will meet with leaders of the European parliament in a closed-door meeting next Tuesday about the data protection scandal that has engulfed his company. Even though his visit had been announced, it was left unclear exactly when Zuckerberg … Continue reading LONDON  | The Latest: Zuckerberg to heading to EU next Tuesday

BRUSSELS  | Iran, EU top diplomat meet seeking to save nuclear deal

BRUSSELS  — Iranian Foreign Minister Mohammad Javad Zarif has met with European Union foreign policy chief Federica Mogherini as the Europeans seek to keep the Iran nuclear agreement. Zarif said little to reporters Tuesday but suggested he wanted to discuss the deaths of dozens of Palestinians in Gaza as well as the nuclear deal, which … Continue reading BRUSSELS  | Iran, EU top diplomat meet seeking to save nuclear deal

Turn on the tap: EU acts to improve water, reduce plastic

BRUSSELS/February 01, 2018(AP)(STL.News)— The European Union is revamping its water quality rules to address possible new health hazards and limit plastic waste by discouraging people from drinking bottled water. The European Commission said Thursday the rules will oblige the bloc’s 28 countries to improve access to drinking water and better inform citizens about water quality, … Continue reading Turn on the tap: EU acts to improve water, reduce plastic

The Latest: EU adopts Brexit negotiating guidelines

BRUSSELS/January 29, 2018(AP)(STL.News)— The Latest on Brexit negotiations (all times local): 3:20 p.m. The European Union has adopted new orders for its Brexit negotiator laying out the terms of a transition period to help ease Britain out of the bloc after it officially leaves next year. Bulgarian Deputy Prime Minister Ekaterina Zaharieva said Monday that … Continue reading The Latest: EU adopts Brexit negotiating guidelines

EU warns Britain it can have no say during Brexit transition

BRUSSELS/January 29, 2018(AP)(STL.News)— European Union government ministers on Monday warned Britain that it cannot expect to have a say in EU decision-making once it leaves, including during a transition period from next year meant to help smooth the U.K.’s departure. The warning came as European affairs ministers met to endorse a new set of orders … Continue reading EU warns Britain it can have no say during Brexit transition

EU condemns Venezuela’s expulsion of Spanish ambassador

BRUSSELS/January 26, 2018(AP)(STL.News)— The European Union has condemned Venezuela’s decision to order Spain’s ambassador out of the country in response to the EU slapping sanctions on seven senior Venezuelan officials. European Commission spokeswoman Catherine Ray said Friday that the EU expresses “full solidarity with Spain and we call for the decision to be (reversed) as … Continue reading EU condemns Venezuela’s expulsion of Spanish ambassador

Euroskeptic lawmaker says UK ‘cowed’ by EU in Brexit talks

LONDON/January 25, 2018 (AP)(STL.News) — A prominent pro-Brexit British politician is accusing the government of being “cowed” by the European Union during Brexit negotiations. Conservative lawmaker Jacob Rees-Mogg plans to say in a speech Thursday that Britain must not be “timid and cowering” as it negotiates its exit. In advance extracts, he has accused British negotiators of … Continue reading Euroskeptic lawmaker says UK ‘cowed’ by EU in Brexit talks

EU court rules against sexuality test for asylum-seekers

BRUSSELS/January 25, 2018(AP)(STL.News)— The European Union’s top court says that asylum-seekers in the bloc shouldn’t be psychologically tested on their sexual orientation as part of the procedure to grant them protection. The EU Court of Justice ruled Thursday that such a psychological report “is disproportionate” in relation to the objective. The court made the ruling … Continue reading EU court rules against sexuality test for asylum-seekers

EU taking 8 jurisdictions off its tax haven blacklist

BRUSSELS/January 23, 2018(AP)(STL.News)— The European Union is taking eight countries and jurisdictions off its tax avoidance blacklist after they made commitments to meet EU requirements. Barbados, Grenada, Macao, Mongolia, Panama, South Korea, Tunisia and the United Arab Emirates were removed after agreeing to tighten their tax laws. French Finance Minister Bruno Le Maire said Tuesday … Continue reading EU taking 8 jurisdictions off its tax haven blacklist