TAG: raw materials
Norway doubles down on deep-sea mining bet despite green fears
The Norwegian government wants to fire the starting gun on the exploitation of rare metals and miner...
8 months ago
Ursula’s empty green Davos promise
Almost a year ago to the day, Ursula von der Leyen traveled to the snowy environs of Davos to make a...
8 months ago
Euro plunges, eyes parity with dollar after Lagarde’s go-it-alone pledge
The euro slumped to its lowest level this year on Friday, in a delayed reaction to European Central Bank President Christine Lagarde's signaling on Thursday that the bank is willing to cut interest rates before her U.S. counterparts. By Friday afternoon i...
6 months ago
Fossil fuel giant Norway pitches itself as Europe’s ideal green partner
HANNOVER, Germany — In world politics, just as in life, some partners are more attractive than others. In its bid to diversify away from China in the race for green technologies and raw materials — all while guaranteeing a stable energy supply — the Europ...
5 months ago
‘Blood minerals’: EU accused of fueling conflict with Rwanda deal
Europe’s hunger for minerals for its electric cars and microchips is sparking accusations that it is inflaming conflict in eastern Congo, one of the world’s worst humanitarian crises that has killed 6 million people over recent decades.The outrage was pro...
2 months ago
Berlin inks lithium deal with Belgrade despite environmental concerns
BELGRADE — German Chancellor Olaf Scholz and European Commission Vice President Maroš Šefčovič locked down a series of deals on Friday granting the EU and European carmakers exclusive access to Serbian lithium and paving the way for the construction of on...
2 months ago
Von der Leyen threads the climate needle to keep her job
BRUSSELS — Ursula von der Leyen has just pulled off a delicate green balancing act. The German politician secured a second term as European Commission president on Thursday with a political program carefully designed to woo both conservatives and environm...
2 months ago
Habeck blames China’s Russia support for worsening Berlin-Beijing relations
German Vice Chancellor Robert Habeck on Saturday pointed to China’s support for Russia in the war against Ukraine as the main reason for deteriorating economic relations between Berlin and Beijing, as he reiterated warnings about the economic consequences...
2 months ago
Europe’s Draghi report unleashed: These are the 5 things to watch
BRUSSELS ― Mario Draghi was the man hailed as saving the eurozone during the sovereign debt crisis when president of the European Central Bank. This time his challenge may be greater still: Stop Europe falling behind the rest of the world.European Commiss...
1 month ago
Germany’s rude economic awakening
BERLIN — Germany is finally emerging from the first stage of economic grief: denial.After years of turning a blind eye to what the rest of the world could plainly see, Germans are slowly coming to terms with the reality that they are in deep trouble as th...
3 weeks ago
Czech crisis manager set to become EU’s top global dealmaker
BRUSSELS — If there’s one experience both Ursula von der Leyen and Jozef Síkela have in common, it’s being thrown in the deep end.In her first three years as European Commission president starting in 2019, von der Leyen steered the EU through a pandemic a...
3 weeks ago
Pro-Ukraine pledges proving too contentious for EU-Gulf summit, leak shows
The EU is struggling to get Gulf countries on board with a series of pro-Ukraine commitments ahead of a leaders’ summit on Wednesday in Brussels, according to a draft statement seen by POLITICO. The EU-Gulf summit, the first of its kind, is meant as a sho...
1 day ago