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German Agriculture Trouble
Recently, German farmers have been sending their complaints to the government about price pressure that has been imposed by retailers. Farmers have also stated their fears related to the EU–Mercosur agreement and its potential effect on German agriculture. According to an economic study focusing on the agricultural industry in Germany, small- and medium-sized farms are…
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Former South Korean President Faces Charges
In South Korea, former President Yoon Suk Yeol is facing trial for igniting an insurrection in an attempt to gain executive control over the government. A court has sentenced him to five years in prison, which is only the first verdict from a total of eight criminal trials that he will face. The former President…
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Iran Instability and the Oil Market
Industry specialists and analysts around the world have been keenly watching the oil market in relation to the situation that took place in Venezuela, where the U.S. intervened and removed the former leader, Maduro. The intervention by the U.S. was not just about removing Maduro but also about oil and control over the country’s oil…
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How EU-Russia Trade Collapsed Under the Weight of Geopolitics
Economic Interdependence For more than two decades, trade between the European Union and Russia could be presented as a textbook example of economic interdependence. The European Union was the largest importer of Russia’s energy exports and natural resources such as oil and gas, growing dependent on these essential imports to power European industry and deliver…
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China-EU EV Trade Dispute
Both China and the EU have recently agreed on price undertaking guidance for Chinese battery electric vehicle makers. This was confirmed by China’s Ministry of Commerce and has been hailed as a major step forward in resolving the dispute, which has lasted for two years. From the perspective of China, this resolution has strengthened its…
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Why Is Trump Interested In Greenland?
The U.S. attempt to land-grab Greenland should not be very surprising, but it does raise questions about NATO unity. With Trump’s presidency, one can never know his next step; he seems to govern based on impulse and personal whim. He does as he pleases and is enabled this time around by a cadre of loyalists,…
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China’s Innovation and Growth
China has surged ahead as the world’s premier industrial power. Constantly, there is news coming out of China that highlights its ongoing technological breakthroughs and innovation. China is a country that only several decades ago was still mired in backwardness and lacked development, and now it is engaged in a rivalry with the U.S. for…
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Former South Korean President Yoon to Face Court Verdict
South Korean prosecutors have requested the death penalty for former President Yoon Suk Yeol, who is on trial for insurrection over his 2024 declaration of martial law in what was an alleged attempt to stay in power. In a Seoul Central District Court on Tuesday, the special prosecutor described Yoon in their closing arguments as…
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South Korea and Japan Summit
Japan has been causing a stir recently in the region due to its change of strategy in relation to defence and security, as well as controversial comments. Regional neighbours such as China and South Korea have been voicing their opinions loudly on the messaging coming out of Japan. However, South Korea and Japan have both…