Spain’s Economy Minister, Carlos Cuerpo, is pushing the EU to expand financial aid for industries hit by U.S. tariffs. Spain recently unveiled a €14.1 billion support package and aims to secure broader EU countermeasures as trade tensions escalate between the U.S. and Europe.
Spain's Economy Minister, Carlos Cuerpo, has called on the European Union to expand financial aid for industries affected by U.S. tariffs. This appeal came as the EU finance ministers convened on Monday to discuss countermeasures against the U.S.'s tariff policies.
Spain, which has been vocal in its efforts to shield businesses from the financial strain caused by U.S. trade measures, recently unveiled a 14.1 billion euro ($15.54 billion) aid package. This financial support, comprising loans and direct aid, is aimed at helping Spanish industries cope with the fallout from U.S. tariffs, including the 25% import duties on steel, aluminium, and cars.
The EU is also expected to approve countermeasures against U.S. imports, targeting up to $28 billion in goods. With the U.S. set to impose reciprocal tariffs on a broad range of European products, the EU is working to present a united front. The upcoming discussions will focus on deciding which goods will be subject to retaliatory tariffs in response to U.S. actions.
The situation reflects the ongoing trade tensions between the U.S. and Europe, with countries like Spain advocating for robust support to mitigate the economic impact.
Spain has been hit by a major mobile network outage just weeks after a massive power blackout disrupted the country. The outage, reportedly caused by network upgrades from telecom provider Telefónica, affected emergency phone services and landline communication in multiple regions.
A widespread blackout on 28 April 2025 disrupted power across Spain, Portugal, Andorra, and parts of southern France, exposing vulnerabilities in the Iberian Peninsula’s energy infrastructure and prompting renewed debate over energy policy and grid resilience.
Thousands of demonstrators gathered across Spain's Canary Islands, urging authorities to address overtourism and its impact on local communities, including rising housing costs, congestion, and strained services.
A fire broke out on Wednesday at a chemical distribution warehouse near Seville in southern Spain, prompting authorities to advise residents to stay indoors due to the potential release of toxic smoke.
Around 160,000 people in Spain’s Catalonia region were ordered to stay indoors on Saturday after a fire at a chemical factory released a toxic chlorine cloud over several towns.
A delegation led by Yalchin Rafiyev, Deputy Minister of Foreign Affairs of the Republic of Azerbaijan and Chief Negotiator of COP29, participated in Climate Week in Panama, held from May 19–21, 2025, in Panama City.
Amazon continues to set the benchmark in logistics and operational excellence through its sophisticated inventory management techniques, enabling it to maintain a competitive edge and deliver exceptional customer service at scale.
Two staff members from the Israeli embassy in Washington, D.C., were shot and killed outside an event at the Capital Jewish Museum on Wednesday night, in what officials are calling a targeted and deeply disturbing act of violence. A suspect is currently in custody.
The U.S. government's decision in April 2025 to impose stricter export controls on advanced semiconductors has delivered a significant blow to Nvidia, compelling the company to obtain licenses for sales of its H20 AI chips to China—one of its largest and most strategically important markets.
Cryptocurrency exchange Coinbase has confirmed that at least 69,461 customers had personal and financial information stolen in a months-long data breach, which the company disclosed last week.
Tensions flare in the India-France Rafale deal as France refuses to share the fighter jet’s source code, limiting India’s ability to integrate indigenous weapons and reducing its combat autonomy.
Ukrainian President Volodymyr Zelenskyy met Turkish President Recep Tayyip Erdogan in Ankara on May 15, with discussions reportedly focusing on upcoming peace talks between Ukrainian and Russian delegates in Istanbul.
France has rejected India’s request to share source codes needed to integrate indigenous weapons into Rafale fighter jets. Despite repeated appeals, French manufacturer Dassault Aviation has refused to compromise on the issue
Ukrainian and Russian delegations meet behind closed doors at Istanbul’s Dolmabahçe Palace at 10:00 local time today to explore security guarantees, territorial integrity and a possible ceasefire.
AnewZ and Kazakhstan’s Jibek Joly/Silk Way TV channel co-hosted a special AnewZ Talks in Astana at Maqsut Narikbayev University (MNU), uniting global experts and young leaders at Silk Road Media Group’s journalism school to explore the growing intersection of media and diplomacy.
President Donald Trump has unveiled an ambitious $175 billion missile defense initiative called the "Golden Dome," designed to protect the United States from advanced missile threats through a multi-layered shield that integrates ground, sea, and space-based components.
Amazon continues to set the benchmark in logistics and operational excellence through its sophisticated inventory management techniques, enabling it to maintain a competitive edge and deliver exceptional customer service at scale.
Two staff members from the Israeli embassy in Washington, D.C., were shot and killed outside an event at the Capital Jewish Museum on Wednesday night, in what officials are calling a targeted and deeply disturbing act of violence. A suspect is currently in custody.
A new report from the International Energy Agency warns that most critical minerals for clean energy are now controlled by a few countries, especially China, risking supply disruptions and higher prices globally.
A delegation led by Yalchin Rafiyev, Deputy Minister of Foreign Affairs of the Republic of Azerbaijan and Chief Negotiator of COP29, participated in Climate Week in Panama, held from May 19–21, 2025, in Panama City.
Amazon continues to set the benchmark in logistics and operational excellence through its sophisticated inventory management techniques, enabling it to maintain a competitive edge and deliver exceptional customer service at scale.
Two staff members from the Israeli embassy in Washington, D.C., were shot and killed outside an event at the Capital Jewish Museum on Wednesday night, in what officials are calling a targeted and deeply disturbing act of violence. A suspect is currently in custody.
The U.S. government's decision in April 2025 to impose stricter export controls on advanced semiconductors has delivered a significant blow to Nvidia, compelling the company to obtain licenses for sales of its H20 AI chips to China—one of its largest and most strategically important markets.
Cryptocurrency exchange Coinbase has confirmed that at least 69,461 customers had personal and financial information stolen in a months-long data breach, which the company disclosed last week.
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