Brazilian President Luiz Inácio Lula da Silva told Spanish Prime Minister Pedro Sánchez during a telephone conversation last week that he was keen on finalizing the trade agreement between the European Union (EU) and Mercosur.
The government of Lula da Silva estimates that the new European Union, EU, anti-deforestation law will have a 34% impact on Brazilian exports to Europe and 15% on the country’s total exports. Folha de Sao Paulo informed the measure applies to products in the supply chains of coffee, soy, palm oil, wood, leather, beef, cocoa, and rubber.
The European Commission has urged Member States to immediately repeal any existing investor citizenship schemes and to ensure strong checks are in place to address the risks posed by investor residence schemes. The Commission has frequently and consistently raised its serious concerns about investor citizenship and residence schemes and the inherent risks they pose. The latest recommendation forms part of the Commission's broader policy to take determined action on these schemes. The current context of the Russian aggression against Ukraine is once again highlighting these risks.
The European Union has warned Mark Zuckerberg over the spread of “disinformation” on Meta's social media platforms after Hamas' attack on Israel. It told Meta, which owns Facebook and Instagram, that it “has 24 hours” to respond and comply with European law.
The European Union has been proactive in pressuring its trading partners to adhere to its domestic greenhouse gas emissions reduction goals, primarily rooted in protectionism. First, with the imposition of the Deforestation Law last June. Now, with the adoption of the Carbon Border Adjustment Mechanism (Cbam), Brussels subjects imports of seven inputs to surcharges of 20% to 35% if production exceeds its environmental limits. Brazil is among the top ten potentially most affected exporters, especially in the iron and steel sectors.
ix young Portuguese children brought a case to the European Court of Human Rights (ECHR) on Wednesday, alleging that 32 nations have failed to act on global warming. The six, aged 11 to 24, claim they are suffering from having to live with a climate that is getting hotter and hotter.
ONE (Ocean Network Express) and Cosco Shipping are starting the new LUX container service. This route connects Europe and the Mediterranean with the east coast of South America with weekly stopovers.
The European Commission has proposed extending approval of the controversial weed killer glyphosate, long manufactured under the name Roundup, by 10 years. Approval in the European Union for the agrichemical is due to lapse this December unless member states agree to a reauthorization.
Boris Johnson’s deal made no provision for exports from the UK overseas territories
By Teslyn Barkman (*) – In July, a joint communiqué signed in Brussels by 60 European Union and Latin American nations referred to the Falkland Islands as the “Islas Malvinas” despite last-minute attempts by UK foreign secretary James Cleverly to persuade them to drop the reference.
The European Union countries recovered their beer output levels to almost those preceding the pandemic years, producing nearly 34.3 billion liters of alcoholic beer in 2022, Eurostat said on Thursday.