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Hungary under right-leaning Orban has become an important trade and investment partner for China, in contrast with some other EU nations that are considering becoming less dependent on the world’s second-largest economy.

Xi Jinping says China-Hungary relations an ‘all-weather’ strategic partnership

China and Hungary will embark on a “golden voyage” in bilateral relations, Chinese President Xi Jinping said after meeting Hungarian Prime Minister Viktor Orban on the third and final stop of his first European tour in five years

Erdogan had every opportunity to become a great leader of a great nation – but fell victim to his irrepressible need for self-aggrandizement, entirely tactical use of religious zeal and ever-growing lust for power.

Erdogan’s Golden Opportunity

By: EBR | Thursday, May 9, 2024

Turkey’s President Erdogan could have emerged from the Israel-Hamas war as a peacemaker

China opened an anti-dumping investigation into brandy imported from the European Union in January, sparking fears cognac could suffer a similar blow to that taken by Australian wine when China introduced tariffs of up to 218.4%.

Chinese tariffs could leave cognac makers with too much brandy

By: EBR | Wednesday, May 8, 2024

High Chinese tariffs on EU brandy would leave French companies with vast amounts of cognac that could be hard to sell elsewhere

The chief executive of Shell, Wael Sawan, said that returning capital to shareholders continued to be a bigger priority than major mergers and acquisitions. ‘We still see that our share price is not reflective of the underlying valuation of the company’, he told The Times.

Shell profits beat forecasts

By: N. Peter Kramer | Wednesday, May 8, 2024

Shell has reported better than expected profits for the first quarter of the year, having benefited from a stronger performance in oil trading and a recovery in refining margins

Even if the Trump argument did not win over the Congress vote this time around, the U.S. presidential election remains wide open—with a substantial part of Ukraine’s future at stake.

The U.S. Aid Package to Ukraine Is a Short-Term Fix

By: EBR | Tuesday, April 30, 2024

The release of U.S. aid to Ukraine is one of many steps necessary to contain Russian aggression

However, the deep currents shaping U.S. politics, and its global posture, are challenging Europe’s ingrained assumption of reliance on the United States.

The War in Ukraine Will Either Forge or Splinter Europe

By: EBR | Tuesday, April 30, 2024

Political shifts in Europe and the United States risk deepening divisions within the EU

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Taiwan believes that health is a human right. Yet the rights of Taiwan’s 23 million people are disregarded by WHO for political reasons.

Taiwan’s indispensability in preparing for future pandemics

By: EBR | Wednesday, April 24, 2024

The three years of the COVID-19 pandemic resulted in a terrible loss of life and exacerbated health inequalities

If Scholz spoke out about what is happening in Tibet, or his concerns about a war between China and Taiwan, or the treatment of the Uyghurs, no doubt Xi would point to the West’s double standards.

Scholz’s Visit to China Confirms Germany’s Political Weakness

By: EBR | Tuesday, April 16, 2024

An official visit to China is like a pilgrimage for German leaders and a ritual for German company bosses

The NATO allies’ recent announcement, triggered by the outgoing Secretary General Jens Stoltenberg, about a new package for Ukraine is nothing but a poor window-dressing exercise.

Should NATO Coordinate Military Support for Ukraine?

By: EBR | Tuesday, April 16, 2024

NATO has the tools and expertise to play a bigger role in providing Ukraine with military aid

NATO has been labeled “the most successful alliance in history,” and depending on how one defines success, this label is fairly accurate. However, the alliance faces a fundamental challenge today, one that might mean the operative phrase in that superlative is “in history.”

At 75, NATO Is Still Worth the Price

By: EBR | Thursday, April 4, 2024

The North Atlantic Alliance should justifiably mark the seventy-fifth year since its founding, but this may not be the time to pop champagne corks

The Western military alliance is considering ways to protect and assure long-term support to Ukraine, based on a plan tabled by NATO Secretary-General Jens Stoltenberg, dubbed the ‘Mission for Ukraine’ proposal.

NATO mulls safety net plans for Ukraine, concerned about US disengagement

By: EBR | Wednesday, April 3, 2024

NATO members are considering transitioning coordination of military deliveries to Ukraine as well as a €100 billion fund to secure long-term support and be able to weather any major political shift across the Western military alliance

What we found in our research was that the Hamas terrorists have conducted intentional, brutal, sadistic and systematic crimes in the terror scenes - the Nova party, the little villages- and in captivity. These are horrific crimes against humanity and no one can stay silent. Denial of these crimes gives legitimisation to these atrocities.”

Fresh appeal for hostages to be released as humanitarian “catastrophe” in Gaza worsens

By: EBR | Tuesday, March 26, 2024

A new report states that “cruel, inhuman and degrading treatment”, may be continuing against those still being held by Hamas and other extremists in the Gaza Strip

Instead, Iran has firmly anchored itself not so much in “the East” but in the anti-Western or, at least, “alternatives-to-the-West” camp.

Iran’s Global Posture Hides Domestic Insecurities

By: EBR | Tuesday, March 26, 2024

If it wasn’t such a serious matter, one could call Iran the comeback kid

Domestically, the March 31 ballot will have an impact on the country’s economy and governance model. Policy changes on these fronts will be a useful indicator of Turkey’s future direction.

Why the West Should Watch Turkey’s Local Elections

By: EBR | Tuesday, March 26, 2024

On March 31, the citizens of Turkey will vote to choose municipal councilors and mayors

Specifically, Brazil, a successful developing world democracy, can claim diplomatic and business interoperability with both Germany as well as Ethiopia, where President de Silva’s comments were made.

Brazil’s EU Opportunity During The G-20 Presidency

By: EBR | Wednesday, March 20, 2024

President Lula da Silva unscripted comments a few days prior to the summit that inadvertently eclipsed ceremonies

Stoltenberg also said he expected to see the figures go upward before the NATO summit on 9-11 July in Washington. He will present an update before then, because in the next few months, “We will have more numbers because there will be new decisions,” he said.

NATO launches charm offensive ahead of US elections

By: EBR | Friday, March 15, 2024

Support in the US for NATO is high and Europe’s investment in defence is higher than ever, NATO Secretary-General Jens Stoltenberg said

Sweden and Finland should be welcomed into NATO for many reasons, and they can both be expected to work hard to fit the bill.

Sweden and Finland Add Both Muscle and Risk to NATO

By: EBR | Thursday, March 7, 2024

In a bigger NATO with waning leadership, new members could bolster a political appetite for dialogue with Russia

A research note by the Lille-based IESEG School of Management found “statistical evidence that the EU sanctions are massively circumvented” for so-called “high priority items”, which are subject to EU export restrictions and include manufacturing equipment and electrical components with potential military applications.

EU sanctions on Russia ‘massively circumvented’ via third countries, study finds

By: EBR | Tuesday, February 27, 2024

EU sanctions on Russia are being “massively circumvented” via third countries, a study revealed

“PM Rutte has a deep understanding of the importance of the alliance, is a natural leader and communicator, and his leadership would serve the Alliance well at this critical time.”

Dutch PM Rutte in strong position to lead NATO with US, UK, French and German backing

By: EBR | Friday, February 23, 2024

The United States, Britain, France and Germany all backed outgoing Dutch Prime Minister Mark Rutte to succeed Jens Stoltenberg as the head of NATO

The five largest Western oil and gas companies – Shell, BP, Chevron, ExxonMobil and TotalEnergies – have amassed profits of more than $281 billion (€261billion) since Russia invaded Ukraine, according to a report published by Global Witness on Monday (19 February).

Big oil profits top €260bn since start of Ukraine war: report

By: EBR | Tuesday, February 20, 2024

European and US oil majors have made record profits totalling more than €260 billion since the Russian invasion of Ukraine started in February 2022

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EU Actually

Dutch political parties agreed a right-wing government

By: EBR

Four political factions with together a feasible majority in the Dutch parliament agreed to form a right-wing government

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‘It’s the economy, stupid’: Scholz, German leaders get real on costs of climate transition

‘It’s the economy, stupid’: Scholz, German leaders get real on costs of climate transition

While all eyes were on Xi Jinping’s visit to Europe earlier this week – with China’s state subsidies to green industries particularly in the spotlight – leaders in Berlin debated how the global transition towards climate neutrality affects the economy

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Retail sector trends for 2024

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With the effects of climate change and geopolitical turmoil dominating the headlines in 2023, trying to make sense of how the retail industry will be affected in 2024

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