According to Bloomberg, the European Union is nearing the finalization of a trade deal with the US following a phone call between European Commission President Ursula von der Leyen and US President Donald Trump. “We are nearly at the final phase, at least regarding a preliminary agreement,” EC spokesperson Olof Gill informed reporters in Brussels, emphasizing that this was because von der Leyen...

Anouar El Anouni, spokesperson for EU diplomacy chief Kaja Kallas, stated that Iran should not possess nuclear weapons and that its nuclear program does not demonstrate that it is intended for peaceful purposes. El Anouni stated during a briefing in Brussels when questioned if the EU's criticism of Iran implied that Tehran had a peaceful nuclear program as outlined in the Joint Comprehensive Plan...

The U.S. President Donald Trump announced that beginning Monday, his administration will start dispatching letters to nations exporting products to the US, detailing import tariffs, according to Axios. Trump informed reporters late Friday while on the presidential plane that approximately twelve letters would be dispatched on Monday. The newspaper indicates that the U.S. leader did not clarify...

Reuters reports, referring to a study by Allianz Research, that unusually high temperatures in Europe might lower the economic growth rate of the area by 0.5 percentage points in 2025. Analysts suggest that the most significant impacts will occur in Southern Europe: Spain may experience a GDP growth reduction of 1.4 percentage points because of heat, while Italy and Greece could see a decline of...

US President Donald Trump has enacted an executive order that relaxes certain sanctions on Syria, as stated by the White House on Monday. The executive order, the wording of which was released by the US government, states that “sanctions on Syria are being removed, but actions against Bashar al-Assad, his affiliates, human rights abusers, and those involved in the chemical weapons program (...)...

European Commission President Ursula von der Leyen stated that the European Union is reviewing the document it obtained from the US containing suggestions for a trade agreement, anticipated by July 9. “Today we obtained the final document from the United States for ongoing negotiations. We are evaluating it. Our message today is straightforward: we are prepared for an agreement. Simultaneously,...

Iranian Foreign Minister Abbas Araghchi stated that Tehran and Washington have not come to an agreement to restart nuclear discussions. “No consensus or arrangement has been achieved to restart discussions,” Araqchi stated to IRINN TV. “There have been no commitments made and no conversations conducted regarding this matter.” He observed that Iran faced an “unpleasant experience” with the...

In late May, a delegation from the US State Department engaged with high-ranking members of the French right-wing National Rally (RN) party. During the meeting, the party officials turned down a proposal from the U.S. diplomats for the Donald Trump administration to endorse RN leader Marine Le Pen publicly, two sources informed Reuters. Le Pen, 56, was ahead in surveys for the 2027 French...

The rise in tensions in the Middle East resulted in significant issues for shipping in the Persian Gulf, where a backlog of nearly 1,000 vessels has developed since last week, according to S&P Global, referencing market sources. Due to the unstable situation in the region, ship owners are restricting transit to daylight hours only, as disruptions to global navigation systems and communications...