The European Commission may amend its 21st sanctions package against Russia, considering concessions to Greece, Germany, Portugal, France, Italy, and Austria due to conflicts with EU economic interests. This follows reports of opposition from several member states.
The India-UK Free Trade Agreement is poised to eliminate tariffs on 99% of Indian exports and reduce duties on 90% of UK goods, benefiting sectors like luxury vehicles and spirits from the UK, and textiles and leather from India.
India is enhancing its electronics manufacturing sector by extending customs duty concessions on machinery and components until March 31, 2029. This policy aims to attract investment in critical components and advanced equipment, moving beyond final product assembly to deepen the domestic electronics ecosystem and boost production and export capabilities.
India has outlined the process for importers to obtain government approval for reduced duties on UK automotive imports under the new free trade agreement. The Comprehensive Economic and Trade Agreement (CETA) will significantly lower import duties, with specific quotas for passenger and goods vehicles.
India has extended customs duty concessions on machinery and components for electronics manufacturing, including lithium-ion batteries and display modules, until March 31, 2029. This move aims to reduce import costs and support domestic manufacturing in sectors like electric mobility.
Le projet de loi sur la justice criminelle a été adopté en première lecture à l'Assemblée nationale grâce au soutien du Rassemblement national. Le texte, initialement axé sur la réduction des délais de justice, a été modifié par des concessions au RN, incluant des mesures sur les demandes de nullité et l'utilisation de tests génétiques pour résoudre des "cold case".
Open Standard's new stablecoin, Open USD, proposes a reserve-sharing model where businesses minting and redeeming at no cost receive reserve earnings. This aims to shift the focus from passive yield to holders towards rewarding companies that drive transaction volume, potentially navigating U.S. regulatory limitations on stablecoin yields.
UK culture secretary Lisa Nandy is considering intervening in the $111 billion Paramount-Skydance takeover of Warner Bros. Discovery due to concerns over media ownership plurality in the UK. Paramount has until July 6 to respond.
Ukrainian drone strikes have caused significant fuel shortages in Russia and Crimea, compelling Moscow to import fuel. Despite the economic impact, Russian President Vladimir Putin remains defiant, doubling down on his peace demands, including Ukraine's neutrality, military caps, and territorial concessions based on "reality on the ground" and "Anchorage modality."
UK Culture Secretary Lisa Nandy is considering intervening in the $111 billion Warner Bros Discovery-Paramount Skydance merger due to concerns over news plurality and media ownership in the UK. Paramount has until July 6 to respond before a final decision.
Israel, Lebanon, and the US signed a trilateral framework agreement to ease border tensions, marking a first step towards peace. The deal involves Israeli withdrawal from two areas in southern Lebanon, with Lebanese Armed Forces taking control.
Le président élu de Colombie, Abelardo de la Espriella, a donné un mois aux groupes armés pour se rendre, promettant fermeté et refusant les concessions. Il compte sur le soutien américain pour lutter contre le narcotrafic, alors que la culture de coca est en hausse.
Tunisia's approval of five renewable energy concessions to foreign multinationals is criticized for deepening energy dependency and transferring public wealth, rather than solving the country's $3.8bn energy deficit. Critics argue for public control, domestic industrial capacity, and regional cooperation.
Bolivia's President Rodrigo Paz declared a state of emergency after nearly 50 days of anti-government protests over living costs and economic hardship escalated. The move allows the military to clear blockades disrupting food, fuel, and medicine supplies nationwide.
Pauline Hanson addresses her new MP's comments on immigration and Indigenous flags. The Albanese government offers concessions on capital gains tax changes. Iran plans maritime fees in the Strait of Hormuz, Ukraine drones strike Moscow, and Lionel Messi's family requests "humanity" amid health reports.
Thomas Tuchel praised England's second-half performance against Croatia, urging them to maintain an aggressive, front-foot style after their 4-2 World Cup opener win. He envisioned fans enjoying the team's attacking display, which ignited a sense of possibility for the tournament.
The Australian Labor government has introduced concessions to its proposed capital gains tax changes, increasing the small business threshold to $10m and exempting testamentary trusts from a new tax rate. While reported as a major retreat, the changes are seen as adjustments to counter "scare campaigns" rather than a fundamental rewrite. The concessions cost $475m over forward estimates and are crucial for the government's housing market reform agenda.
President Trump signed a deal with Iran, witnessed by French President Macron. Trump touted record high stock market and tumbling oil prices as evidence of his strength, while Iranian President Pezeshkian also signed, stating it's time to test implementation.
Donald Trump announced a 14-point deal with Iran, calling it a "major win" for the US. The agreement includes financial concessions to Iran to reopen the Strait of Hormuz and prevent global economic instability. Key terms involve lifting sanctions, unfreezing assets, and potentially a reconstruction fund.
The Trump administration announced a 14-point agreement with Iran to reopen the Strait of Hormuz, claiming a "major win" despite concessions including potential release of frozen assets and easing sanctions. The deal aims to prevent global economic depression and halt Iran's nuclear program.
President Trump joked about being the boss at a G-7 meeting amid criticism that he's being outmaneuvered by Iran in a proposed deal. Critics claim the deal offers significant concessions to Tehran with vague assurances on its nuclear program, while the White House defends it.
President Trump joked about being "the boss" at a G-7 meeting in France while facing criticism at home over a potential Iran deal. Critics claim the deal offers significant concessions to Tehran, including sanctions relief and asset unfreezing, in exchange for vague assurances on its nuclear program.
President Trump expressed hope for an end to the Iran war, with a peace deal reportedly including reopening the Strait of Hormuz and financial incentives for Iran. Australia relaxed travel advice for Middle Eastern countries following the interim agreement.
A tentative deal between the US and Iran to end their war is nearing finalization, with reports suggesting Iran will receive significant economic concessions, including the immediate resumption of oil sales and waiving of sanctions. Israel's government was denied access to the memorandum of understanding, raising concerns among allies.
