European Union

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Will trade wars undermine global economy?

Escalating global trade war could cut world GDP growth to 2.8% from 3.2% (by 0.4%), according to Fitch Ratings 2018 “Global Economic Outlook” baseline forecast. According to the agency, the U.S., Canada and Mexico would be …

Turkey to receive 400 million euro on education from EU

The European Commission has approved a new assistance package worth 400 million euro for the education of Syrian refugees in Turkey, according to the press release of the European Commission. This is the first action adopted following …

 UK may refuse paying EU Brexit divorce bill

Brexit Secretary Dominic Raab said he is “relaxed” about not having a trade deal with the European Union. He has also made it clear that if Brussels bureaucrats continue to to refuse to see reason he will …

Ilham Aliyev holds talks in France

Azerbaijani President Ilham Aliyev held a number of talks within his official visit to France. After arriving in Paris, the head of Azerbaijan met with President of the French Senate Gerard Larcher. A …

 Trump lambasts EU over $5.1bn fine for Google

US President Donald Trump has attacked the European Union’s decision to fine Google $5.1billion for “serious illegal behaviour”. "I told you so! The European Union just slapped a Five Billion …