Why China’s Temu and Shein are Europe’s new trade threat – Times of India

[ad_1] US President Donald Trump’s scrapping of a duty-free loophole has shattered Temu and Shein’s business model, choking their flood of cheap Chinese goods into the United States.In 2024, 1.36 billion shipments entered the US under the so-called de minimis rule, exempting goods valued under $800 (€704) from import tariffs. That figure marks a nine-fold…

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Romania names interim premier as turmoil deepens – Times of India

[ad_1] Bucharest: Romania‘s liberal interior minister Catalin Predoiu became interim premier on Tuesday, a day after the prime minister’s resignation deepened political tumult in the EU nation.Pro-EU Prime Minister Marcel Ciolacu stepped down on Monday after far-right leader George Simion topped the first round of a tense presidential vote rerun.His resignation opens the way for…

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S Jaishankar Speaks To EU Counterpart After Pahalgam Terror Attack

[ad_1] S Jaishankar welcomed European Union’s strong condemnation of terrorism in all forms and manifestations. New Delhi: External Affairs Minister S Jaishankar on Friday spoke to his counterpart from European Union Kaja Kallas and discussed the Pahalgam terror attack. Following the phone conversation, Jaishankar welcomed European Union’s strong condemnation of terrorism in all forms and…

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US revokes Georgian PM’s Invitation to Biden’s UN reception amid strained ties – Times of India

[ad_1] Georgian Prime Minister Irakli Kobakhidze and US President Joe Biden (Photo: Agencies) Georgian Prime Minister Irakli Kobakhidze was reportedly disinvited from a reception hosted by US President Joe Biden during the United Nations General Assembly (UNGA) on Wednesday. Kobakhidze was scheduled to address the UNGA on Thursday and had originally been invited to the…

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EU to spend 3.5 billion euros to protect ocean, environment chief says – Times of India

[ad_1] ATHENS: The European Union will spend 3.5 billion euros ($3.71 billion) to protect the ocean and promote sustainability through a series of initiatives this year, the EU’s top environment official said on Tuesday. The 40 commitments range from fighting marine pollution to supporting sustainable fisheries and investments in the so-called blue economy – sustainable…

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Israel Still Imposing ‘Unlawful’ Restrictions on Gaza Aid, UN Rights Office Says

[ad_1] GENEVA (Reuters) – Israel is still imposing “unlawful” restrictions on humanitarian relief for Gaza, the U.N. human rights office said on Tuesday, despite assertions from Israel and others that restrictions have eased. Israel’s offensive in the Gaza Strip triggered by Hamas’ cross-border attacks on Oct. 7 has turned much of the Gaza strip into…

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