bloomberg.com

cross-posted from: https://lemmy.ml/post/17654269...

- In response to the EU's tariffs on EV, China announced an anti-dumping probe on pork imports from the European Union. But at less than $2 billion last year, pork accounts for a tiny sliver of the trade between the EU and China, which topped $280 billion in 2023....

Russian inflation accelerated in May to the highest in more than a year, adding to pressure on the central bank to hike the key rate to curb price growth....

Norway’s prime minister signaled a hardening stance on China, pledging tighter cooperation with businesses on security risks linked to the Asian nation....

Group of Seven leaders are set to reach a political agreement to provide Ukraine with $50 billion of aid using the profits generated by frozen Russian sovereign assets, according to an Elysee official....

Finland said that a Russian military aircraft violated its airspace on Monday in the first such move since the Nordic country joined the NATO alliance last year....

Archived link...

Chancellor Olaf Scholz said Germany would only support European Commission President Ursula von der Leyen for a second term if her center-right European People’s Party can build a stable majority in the next European Parliament without support of the far right....

Euro-area finance ministers gave political backing Wednesday to an effort by Group of Seven nations to provide loans to Ukraine using windfall profits generated from immobilized Russian central bank assets....

- Mugur Isarescu, in office since 1990, to get eighth term...

It didn't take Russia's misinformation machine long to settle on who was to blame for the first assassination attempt on a European national leader in more than two decades....

The European Central Bank will “most likely” lower borrowing costs when it meets in June — should the outlook for consumer prices be confirmed by fresh quarterly forecasts, Executive Board member Frank Elderson said....

https://archive.ph/q6b1v