Geopolitical tensions and interest rates set to make 2024 another turbulent year for global economy

Geopolitical tensions and interest rates set to make 2024 another turbulent year for global economy

As geopolitical tensions rise and interest rates remain at elevated levels, 2024 will be another turbulent year for the global economy. This is especially true for emerging markets, which managed to avoid the crisis in 2023, but may find it difficult to do so again if global growth does not live up to expectations. In … Read more

EU Considers Expanding Mission on Somalia Coast Amid Red Sea Security Concerns

EU Considers Expanding Mission on Somalia Coast Amid Red Sea Security Concerns

The EU High Representative for Foreign Affairs and Security Policy, Giuseppe Borrell, has submitted a proposal to expand the mission on the coast of Somalia, which is currently being considered by the bloc’s 27 member states. At the meeting of the EU security committee on this issue on Thursday, only Spain expressed objections, but diplomats … Read more

Hungary Receives 10 Billion Euro EU Funding and Plans to Exploit Ukraine Issue, Political Scientist Says

Hungary Receives 10 Billion Euro EU Funding and Plans to Exploit Ukraine Issue, Political Scientist Says

Kudor emphasized that Hungary has already managed to achieve its goal – on Wednesday, December 13, the European Commission unblocked 10 billion euros, which Hungary was entitled to from EU funds. According to the political scientist, Hungary will continue to follow the current model of behavior and will try to squeeze out the maximum benefit … Read more

Prime Minister of Estonia’s Foreign Visits, Helicopter Flights, and Travel Logistics

Prime Minister of Estonia’s Foreign Visits, Helicopter Flights, and Travel Logistics

“For example, over the past two years, the Prime Minister of Estonia has met either bilaterally or in a small circle outside of Estonia: with French President Emmanuel Macron five times in Paris and once in Munich, with German Chancellor Olaf Scholz four times and three times with British Prime Ministers,” it was listed Uldrich. … Read more

China’s Amendments to the Anti-Espionage Law: Tightened Control and Impact on Trading Partners

China’s Amendments to the Anti-Espionage Law: Tightened Control and Impact on Trading Partners

Amid growing international competition and mutual mistrust, China is increasingly concerned about national security and espionage by external strategic rivals. With this justification, Xi Jinping’s government this year also implemented amendments to the Anti-Espionage Law, which not only allow for tighter control of society, but also make it difficult for trading partners, including the European … Read more

EU Authorities Intend to Prohibit Importers from Reselling Goods to Russia: Bloomberg Update

EU Authorities Intend to Prohibit Importers from Reselling Goods to Russia: Bloomberg Update

“Bloomberg” writes that the EU authorities intend to prohibit importers from reselling various goods, including semiconductors, to Russia. Semiconductors can be used in the production of new weapons. At the same time, the new restrictions provide that importers will pay a certain amount of deposit, which will ensure the implementation of sanctions. In case of … Read more

European Parliament to Vote on Amendments to EU Treaties: Tusk’s Civic Coalition Opposes Report

European Parliament to Vote on Amendments to EU Treaties: Tusk’s Civic Coalition Opposes Report

On Wednesday, the European Parliament (EP) will vote on a report that recommends a series of amendments to the EU treaties, including the controversial proposal to abandon the unanimous vote on several key issues. All MEPs representing Tusk’s Civic Coalition (CO) will vote against the approval of this report. “Those legislators who cooperate with me … Read more

The Scottish Government’s Plan to Rejoin the EU After Independence

The Scottish Government’s Plan to Rejoin the EU After Independence

The Scottish National Party (SNP)-led administration said Scotland would apply to rejoin the EU “as soon as possible” after independence. “Given the position of the main parties at Westminster, Scotland’s only route back to the EU is to become an independent country,” said a Scottish government document outlining the benefits of EU membership. None of … Read more

EU Proposes New Sanctions Against Russia: Ban on Diamonds and Oil Price Cap

EU Proposes New Sanctions Against Russia: Ban on Diamonds and Oil Price Cap

The European Commission (EC) has proposed new sanctions against Russia over its war in Ukraine, imposing a ban on Russian diamonds and strengthening other measures such as a cap on oil prices, it said, citing EC documents. Politico. Since Russia’s invasion of Ukraine, Brussels has implemented 11 sanctions packages targeting various areas. The latest sanctions … Read more

The Future of Ukraine and Moldova’s Membership in the EU: Insights from Gobiņš

The Future of Ukraine and Moldova’s Membership in the EU: Insights from Gobiņš

According to Gobiņš, this also means targeted observance of the EU’s interests, as the bloc’s interests include Ukraine’s membership in the EU and prosperous, safe, democratic neighboring countries. The president of the “European Movement in Latvia” association stated that the process of Ukraine’s admission to the EU will be difficult and longer than one might … Read more