Margrethe Vestager is currently traveling across Europe to campaign for her candidacy as the future President of the European Investment Bank (EIB). On Friday, the currently on-leave Vice-President of the European Commission was in Berlin. Her pitch: The EU's house bank must become faster and more willing to take risks.
By Till Hoppe
A new trade route via the Emirates, Saudi Arabia and Israel is supposed to facilitate the transport of goods and renewable energy from India to Europe. With this, the participating states want to counter Beijing's growing clout in the region. The African Union is a new G20 member – a coup for host Modi. The final declaration bears the clear signature of the Global South.
By Redaktion Table
A new trade route through the Emirates, Saudi Arabia and Israel aims to simplify the transportation of goods and renewable energy from India to Europe. The participating countries intend to counterbalance China's growing influence in the region. The USA and the EU also plan to invest in infrastructure in Africa.
By Till Hoppe
The government is steering the people away from the iPhone. China's favorite smartphone is thus becoming the object of national-oriented industrial policy. The leadership wants consumers to prefer Chinese brands in general.
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Huawei has been suffering from US chip sanctions for years. But now, the company has made an important breakthrough with a chip "Made in China" for the Mate 60 Pro. Are things starting to look up again?
By Jörn Petring
The Industry Committee in the EU Parliament adopted the report on the Critical Raw Materials Act on Thursday. It strengthens requirements for circularity, sustainability and labor and human rights in relation to strategic raw material projects. The plenary is set to vote on the report next week.
By Leonie Düngefeld
Host Modi aims to pass a joint closing statement at the summit of the world's leading industrial and emerging economies over the weekend. However, differences, particularly regarding the Ukraine conflict, are significant. Other issues are becoming secondary.
By Till Hoppe
The G20 summit in India will proceed without Xi Jinping this weekend. His absence upsets the already difficult dispute over a final declaration. For host Narendra Modi, his reputation as an aspiring world leader is also at stake. But from India's perspective, agreement on the final document could not be the only sign of success.
By Christiane Kuehl
The World Trade Organization has decided: The reciprocal tariffs between the USA and China violate WTO rules. However, there will not be much progress in this matter. The spiral in the trade war is now turning in completely different areas anyway – tariffs are "old school," and the focus is on capital movements and knowledge transfer.
By Amelie Richter
With the Greening Freight Package, the Commission is proposing a legal framework for standardized counting of CO2 emissions in the transport sector. The Commission does not want to make participation mandatory for transport service providers. There is opposition to this – from the industry, of all places.
By Markus Grabitz
