BRUSSELS, June 26 (Reuters) – After months of upheaval,
Ukraine will complete a broad political and trade accord with
the European Union on Friday, making a historic shift away from
Russia and closer to the West.
The signing is a victory for pro-EU Ukrainians who drove
Russian-backed president Viktor Yanukovich from power after he
abandoned the pact last year in favour of cash from Moscow. New
President Petro Poroshenko hopes to bind the nation of 45
million to the European Union via the accord.
LONDON, June 24 (Reuters) – Multinational companies will not
be given too much power by a trade agreement between the
European Union and the United States, the EU’s trade chief said
on Tuesday, seeking to reassure consumer and environmental
groups opposed to the pact.
Washington and Brussels are negotiating the accord, the
world’ biggest, which would create a market of 800 million
people. But popular opposition to a deal is growing.
BRUSSELS, June 22 (Reuters) – Iraq will be foremost in
investors’ minds in the coming week as oil price risk has
returned to markets, complicating the task for central banks
whose policies are beginning to diverge for the first time since
the global financial crisis.
Oil prices neared nine-month highs late last week, touching
$115 a barrel, and the rapid advance of militants in Iraq, the
second-largest OPEC producer, is destabilising oil markets.
BRUSSELS, June 5 (Reuters) – The world’s leading
industrialised nations vowed on Thursday to seal a series of
free-trade deals that would radically change the shape of global
commerce despite rising popular opposition.
Leaders of the G7 committed themselves to eight far-reaching
accords that would encompass more than 80 percent of the world’s
economy but that effectively sideline China and Russia and have
met with protests, particularly in Europe.
BRUSSELS, June 4 (Reuters) – Germany’s Angela Merkel urged
Russian President Vladimir Putin on Wednesday to help stem
violence in eastern Ukraine and said the West would not hesitate
to impose stricter economic sanctions on Russia if it failed to
Speaking ahead of a summit of the Group of Seven major
industrialised nations, a meeting Russia was supposed to host
but has been pointedly excluded from because of its seizure of
Crimea, Merkel presented Putin with a straight choice.
BRUSSELS/OTTAWA, June 2 (Reuters) – Canada and the European
Union are struggling to finalise a multi-billion dollar trade
pact six months after political leaders said it was sealed, an
embarrassment for Brussels as it seeks a far bigger deal with
the United States.
Over a celebratory lunch last October, Canadian Prime
Minister Stephen Harper and European Commission President Jose
Manuel Barroso termed the accord “a landmark achievement for the
transatlantic market” that could come into force next year.