Euro zone inflation rises to 2.6% in July, above expectations
Headline inflation in the euro zone unexpectedly rose to 2.6% in July, the European Union's statistics agency said Wednesday, even as price growth in the services sector eased slightly.
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Russia needs China’s market more than China needs Russian gas
It is no secret that China is taking advantage of Russia’s “energy decoupling” from Europe to get better prices for Russian gas. The European Union has found ways to significantly reduce its gas imports from Russia. However, energy cooperation with China has not allowed Russia to fully make up for the loss of the European market.
Euro zone's economy grew 0.3% in second quarter, above expectations despite German contraction
The euro zone's economy grew by more than expected in the second quarter of 2024, flash figures from the European Union's statistics office showed Tuesday.
China values ties with Italy, Xi tells Meloni
TOKYO -- Chinese President Xi Jinping met visiting Italian Prime Minister Giorgia Meloni on Monday and reassured her that Beijing values its ties with the third-largest economy in the European Union, state media said.
China’s Xi calls for cooperation with Italy, evoking ancient ‘Silk Road’
BEIJING (AP) — Chinese President Xi Jinping called for further cooperation with Italy on Monday at a meeting with Italian Prime Minister Giorgia Meloni, saying the two countries were the ends of the historical Silk Road trade route.
Italy and China sign a 3-year action plan as Italian leader Meloni tries to reset relations
BEIJING (AP) — Italy and China signed a three-year action plan on Sunday to implement past agreements and experiment with new forms of cooperation, Italy’s Prime Minister Giorgia Meloni said on an official visit to the Chinese capital.
Blinken chides Beijing's 'escalating actions' in South China Sea
VIENTIANE (Reuters) -- U.S. Secretary of State Antony Blinken criticized Beijing's "escalating and unlawful actions" in the South China Sea at a summit on Saturday, while his Russian counterpart said Washington has stoked anxiety with its plan for a nuclear deterrence with ally Seoul for the Korean peninsula.
Don’t help Russia evade sanctions, Ukraine tells Hong Kong
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