The German Economic Institute (IW) is advocating for a strategic collaboration between the European Union (EU) and African nations to overhaul World Trade Organisation (WTO) subsidy regulations, aiming to mitigate Chinese market imbalances and diplomatic leverage. In a recent publication, the IW proposed this strategy, emphasising the need to address distortions caused by China’s economic Read More…
Tag: EU
EU chief plans restructuring of electricity market as prices skyrocket
European Commission President, Ursula von der Leyen, revealed plans for structural reforms to skyrocketing energy on Monday, saying prices have exposed the limits of the European Union’s electricity market design. Von der Leyen stated in her speech, at an international conference in Bled, Slovenia that the market “was developed under completely different circumstances.” “That’s why we, Read More…