Tag: EU

France Bans Some Flights in Name of Climate Change, Tells People to Take Trains Instead

France is banning short-haul domestic flights when there is a regular and frequent train option that takes less than two and a half hours, after a 2021 climate law, No 2021-1104, received permission from the European Commission (EC). Article 145.I of the law prohibits passenger flights “on all air routes within French territory for which…


Eurozone Downturn Continues Into Fifth Month, Points to Winter Recession: PMI

Eurozone output contraction extended into the fifth month after a key index released November data, although the pace of decline eased from October, indicating some tough times ahead for the continent’s economies. “A fifth consecutive monthly falling output signaled by the PMI [Purchasing Managers’ Index] adds to the likelihood that the eurozone is sliding into…


EU Will Respond to ‘Distortions’ in Biden’s Inflation Reduction Act: Von der Leyen

European Commission President Ursula von der Leyen on Sunday said the European Union must act to address “distortions” created by the Biden administration’s Inflation Reduction Act (IRA)—part of Biden’s  “Made in America” push. The EU and United States are treading precariously close to a major trans-Atlantic trade dispute at a time when the two Western…


Elon Musk Should Tell EU Censors to Bugger Off

Commentary If Elon Musk truly believes that Twitter is a front in the “battle for the future of civilization,” he has a chance to prove it. The Biden administration has already threatened to investigate Musk on multiple occasions, which isn’t surprising considering its unprecedented antagonizing toward free expression. Democrats like Sen. Elizabeth Warren have promised…


The US and EU Are in a Subsidy Race: Let’s Tariff China Instead

Commentary The United States and European Union are entering a green subsidy race that will determine where millions of electric vehicles will be manufactured over the next decades. EV sales in the United States, for example, are projected to double by 2025 to nearly 2.5 million. Car manufacturers around the world want a piece of…


EU Threatens Elon Musk With Possible Twitter Ban Over ‘Disinformation’

A top European Union (EU) official issued a warning to Twitter owner Elon Musk that the social media platform could be blocked if it does not comply with the bloc’s regulations. “There is still huge work ahead, as Twitter will have to implement transparent user policies, significantly reinforce content moderation, and protect freedom of speech,…


EU Gas Price Cap Could Cause Permanent Damage to Markets, Europe’s Energy Exchanges Warn

With the European Union (EU) pushing ahead with its proposal to cap gas prices, leading energy exchanges are warning that the decision could pose a serious economic threat to the region. In a Nov. 19 letter to members of the European Commission, the Association of European Energy Exchanges (“Europex”) pointed out that gas derivatives were…


UK Government Denies Claims of Plans for Closer Ties With EU

The British government has said reports that it is seeking a “Swiss-style” relationship with the EU are “categorically untrue.” It follows a report in The Sunday Times that claimed Prime Minister Rishi Sunak was considering building a closer economic relationship with the bloc in a bid to avoid trade barriers, a suggestion which attracted fierce criticism…


EU Leaders Harden Position on China, Move to Break Technology Dependency

Leaders from the European Union jointly expressed trepidation this week about Europe’s increasing economic dependence on China. The foreign policy service of the EU said in a prepared statement that China’s communist leadership should be considered a competitor promoting “an alternative vision of the world order.” The hardening stance of European leaders against China comes…


EU Sanctions Iran for Death of 22-Year-Old Mahsa Amini

The European Union on Monday announced sanctions on Iran for the death of 22-year-old Mahsa Amini while in the custody of the regime’s so-called morality police and its violent response to demonstrations. The sanctions target law enforcement and local chiefs for their roles in brutally suppressing protests, including two key figures of the regime’s so-called…