Rally in Tel Aviv calls for return of deceased hostage Ran Gvili
Hundreds of people gathered for a second consecutive week at Tel Aviv’s Hostages Square, on Friday (12 December), to support the family of Master Sg...
Spanish winemakers are safeguarding sales by stockpiling inventory ahead of possible U.S. tariffs
A leading Spanish winery is preparing for potential U.S. tariffs on European Union products by stockpiling extra inventory in the American market. Protos, a renowned winery from Spain’s Ribera del Duero region, has shipped enough wine to sustain sales for up to six months in case tariffs—potentially as high as 10%—are imposed.
Industry data shows that other Spanish wineries are taking similar precautions, while U.S. companies rush to import European goods such as auto parts, Italian parmesan, and French cognac ahead of possible tariffs.
According to the Spanish Wine Federation, Spain’s wine exports to the U.S. surged 20% in December, a trend partially driven by importers stockpiling ahead of trade uncertainties. The U.S. remains the second-largest export market for Spanish wines, following Germany, with Protos alone exporting around 250,000 bottles annually.
Past U.S. tariffs on European wines, such as the 25% duties imposed in 2019 under Donald Trump's administration, largely spared Spain.
With trade tensions rising, Spanish winemakers are taking proactive steps to safeguard their position in the U.S. market, ensuring continued availability for American consumers despite looming uncertainties.
Japan has lifted a tsunami advisory issued after an earthquake with a magnitude of 6.9 hit the country's northeastern region on Friday (12 December), the Japan Meteorological Agency (JMA) said. The JMA had earlier put the earthquake's preliminary magnitude at 6.7.
Iran is preparing to host a multilateral regional meeting next week in a bid to mediate between Afghanistan and Pakistan.
The United States issued new sanctions targeting Venezuela on Thursday, imposing curbs on three nephews of President Nicolas Maduro's wife, as well as six crude oil tankers and shipping companies linked to them, as Washington ramps up pressure on Caracas.
The resignation of Bulgaria's government on Thursday (11 December) puts an end to an increasingly unpopular coalition but is likely to usher in a period of prolonged political instability on the eve of the Black Sea nation's entry into the euro zone.
An extratropical cyclone has caused widespread disruption across Brazil’s São Paulo state, with powerful winds toppling trees and power lines, blocking streets and leaving large parts of the region without electricity.
Britain’s King Charles III said on Friday, 12 December, that his cancer treatment is expected to be reduced in the coming year, using a televised address to urge people across the country to take part in cancer screening programmes, officials confirmed.
Talks aimed at ending the war between Ukraine and Russia are set to continue in Berlin this weekend, with U.S. envoy Steve Witkoff due to meet Ukrainian President Volodymyr Zelenskyy and senior European leaders, a U.S. official said.
Türkiye’s Trade Minister Omer Bolat said Friday that discussions in Washington with U.S. officials have strengthened efforts to expand bilateral trade, moving closer to a $100 billion target.
Lebanon is prepared to demarcate its border with Syria, President Joseph Aoun said on Friday, while noting that the dispute over the Shebaa Farms could be addressed at a later stage.
Greek farmers blocked the Port of Thessaloniki on Friday (12 December) as part of nationwide protests demanding delayed European Union subsidies and compensation for rising production costs and livestock losses.
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