GFM Network News


U.S. set to widen trade war on EU front

London/Brussels/Washington | Reuters — The United States won approval on Wednesday to impose import tariffs on US$7.5 billion worth of European aircraft and agricultural goods over illegal EU subsidies handed to Airbus, threatening to trigger a tit-for-tat transatlantic trade war as the global economy falters. The decision by the World Trade Organization pushes a 15-year […] Read more

EU moves to stop spread of ‘olive tree leprosy’

Brussels | Reuters –– EU governments backed on Tuesday new measures to stop the spread of a bacterial disease that has attacked Italy’s olive oil production, the European Commission said. The new measures mean EU countries must reveal all outbreaks in the European Union, carry out official surveys and destroy all infested plants, as well […] Read more