The European Commission wants the United States to remove a passage on tax breaks for electric car buyers from a bill. The benefits only apply if a certain proportion of the battery parts come from the USA. The Daily EU administration believes that this puts products from outside the US at a disadvantage and insists on bringing the law into line with the rules of the World Trade Organization.
While China is engaged in military exercises around Taiwan, Beijing is leaving the trade relationship largely undisturbed for the time being.
The Commodity Futures Trading Commission (CFTC) has been very progressive about cryptocurrencies for quite some time. The United States government body believes that the growth of crypto-assets is a positive development that should be encouraged. Instead, regulation in the US is very counterproductive. A former CFTC executive thinks Europe can even outperform the US in regulation.
The party leaders of the government coalition in Ireland have reached an agreement on reducing nitrogen emissions from the agricultural sector. Irish farmers are asked to reduce emissions by 25 percent by 2030. A number of compensatory measures are taken into account.
Turkey will resume natural gas exploration in the Mediterranean on August 9. Ankara announced it. The demarche could put pressure on relations with Greece and Cyprus again.
While the whole of Europe is desperate for gas, under the seabed of Cyprus there are giant gas fields that have not yet been tapped. On the island, conflicts are the norm. Can Gas dollars play a role in reconciliation? And can the gas help the European Union out of the emergency?
Greece on Thursday opposed the European Commission’s proposal to reduce natural gas consumption in the European Union by 15 percent in response to the cut in Russian gas supplies.
Aldi will sell more than 1,500 tonnes of Bord Bia Quality Assured strawberries grown in Ireland this year in its 146 Irish stores, representing a 15% increase over 2020. Sunglow Nurseries, based in Rush, supplies the Irish strawberries to Aldi.