German chancellor Merz congratulates Azerbaijan and Armenia leaders
German Chancellor Merz addresses foreign companies and congratulates Azerbaijan and Armenia on peace deal...
China announced on Tuesday it would extend its investigation into European Union pork imports by six months, just days before a final decision was expected. The move comes as Beijing and Brussels edge closer to resolving a dispute over EU tariffs on Chinese electric vehicles (EVs).
The anti-dumping probe, which began in June 2024, affects over $2 billion worth of EU pork exports — primarily from Spain, the Netherlands, and Denmark — and is widely seen as retaliation for the EU’s restrictions on Chinese EVs.
In a statement, China’s Commerce Ministry cited the "complexity" of the case as the reason for extending the review period until December 16.
The decision signals potential coordination with broader trade negotiations. China recently expanded market access for Spanish cherries and pork products and promised faster export licensing for rare earth magnets, suggesting a willingness to ease trade tensions.
Much of the EU's pork exports to China consist of offal — pig ears, noses, and feet — which are considered delicacies in Chinese cuisine but have limited value in European markets.
In 2024, China imported $4.8 billion in pork products, with more than half coming from the EU. Spain remains the top European supplier by volume.
Analysts view the delay as a tactical step by Beijing, giving more time for trade talks while maintaining pressure on Brussels amid sensitive economic and diplomatic negotiations.
Authorities in Japan lifted all tsunami warnings on Tuesday following a strong 7.5-magnitude earthquake that struck off the northeastern coast late on Monday, injuring at least 30 people and forcing around 90,000 residents to evacuate their homes.
Pressure is mounting between Venezuela and the United States as both nations emphasise military preparedness and strategic positioning.
Tehran has protested to Washington because of the travel ban on its football team delegation as well as Iranian fans who would like to travel to the United States for the upcoming World Cup matches in 2026.
Paramount Skydance (PSKY.O) has launched a $108.4 billion hostile takeover bid for Warner Bros Discovery (WBD.O). The escalation follows a high-stakes battle that had appeared to end last week when Netflix secured a $72 billion deal for the studio giant’s assets.
Russia has welcomed U.S. President Donald Trump’s new National Security Strategy, calling it largely consistent with Moscow’s own vision, as Washington pushes forward with efforts to broker an end to the war in Ukraine.
Türkiye’s Minister of Energy and Natural Resources, Alparslan Bayraktar, outlined the country’s energy and gas sector developments at the 15th Türkiye Energy Summit in Istanbul.
A second aid ship carrying 10,080 tents provided by Turkey’s Disaster and Emergency Management Authority (AFAD) has departed from Mersin International Port to help address the shelter needs in Sudan, where a humanitarian crisis is ongoing.
Iran and Saudi Arabia reiterated their commitment to enhance ties following a joint meeting with China in Tehran on Tuesday to follow up on implementation of the 2023 Beijing Agreement which resulted in resumption of their diplomatic relations after eight years.
Kazakhstan has begun redirecting part of its crude exports, sending oil from the Kashagan field to China for the first time.
Azerbaijan and Slovakia are set to strengthen bilateral ties and cooperation as President Ilham Aliyev meets Richard Raši, Speaker of the National Council of the Slovak Republic on Tuesday, 9 December.
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