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Iraq Bulletin

Tag : European Union

Business

EU jobless rate falls to lowest since 2000

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Employment in the European Union (EU) reached an all-time high in the fourth quarter of 2024, while unemployment dropped to its lowest point since 2000, according to data released by the Organisation for Economic Co-operation and Development (OECD). The report,...
Business

EU retaliates against US steel and aluminum tariffs

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The European Union has officially approved its first set of retaliatory tariffs on U.S. imports in response to recently imposed American duties on steel and aluminum. The move, announced by the European Commission on Wednesday, comes amid escalating trade tensions...
Business

EU must diversify trade and ratify Mercosur and Mexico deals

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The United States’ decision to impose an additional 20 percent tariff on products imported from the European Union (EU) has drawn strong criticism from BusinessEurope, the continent’s largest business organization. Speaking from Brussels on April 3, 2025, BusinessEurope Director-General Markus...
Business

Türkiye and Iceland lead sharp rise in EU aluminium imports

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The European Union (EU) recorded a trade deficit in aluminium of €11.1 billion in 2024, as per newly published data from Eurostat. The EU imported €29.5 billion worth of aluminium and related articles, while exports totaled €18.4 billion, reflecting a...
Featured News

Loans worth €4.5 billion approved for Egypt and Jordan by EU

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The European Parliament's International Trade Committee has endorsed two separate macro-financial assistance (MFA) packages aimed at supporting Egypt and Jordan, with proposed loans of €4 billion and €500 million respectively. The approvals were granted during a vote held on 21...
News

EU to boost military budget in €800 billion defence plan

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The European Union has announced plans to substantially increase its defence spending, committing €800 billion (approximately $868 billion) over the next four years. The decision was formalized during a summit of EU leaders held in Brussels on March 20, 2025,...
News

EU reports show mixed progress on zero-pollution targets

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The European Union is intensifying efforts to meet its ambitious 2030 zero-pollution targets as new reports highlight both achievements and challenges. On March 3, 2025, authorities released detailed analyses documenting progress in reducing pollution while also underscoring the need for...
Featured News

Central Asia to engage with new EU envoy Eduards Stiprais in March

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The Council of the European Union has appointed Eduards Stiprais as the new EU Special Representative (EUSR) for Central Asia. He will assume his duties on 1st March 2025, with an initial two-year mandate, succeeding Terhi Hakala in the role....
Featured News

EU reports €27.2 billion surplus in latest trade data

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The European Union recorded a trade surplus of €27.2 billion in the final quarter of 2024, continuing a six-quarter streak of positive trade balances, according to Eurostat, the statistical office of the EU. This sustained surplus follows a period of...
Featured News

Kristersson warns Europe could become a “museum” without AI reform

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Sweden’s Prime Minister Ulf Kristersson has warned that Europe risks becoming a “museum” if it does not ease its strict regulations on artificial intelligence and foster a more innovation-friendly environment. Speaking at the Techarena event in Stockholm on Thursday, Kristersson...