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U.S. Economy Grows 2.3% in Fourth Quarter of 2024: A Slowdown Tied to Consumption
The U.S. economy grew 2.3 percent in the fourth quarter of 2024 (October-December), marking the slowest pace since the spring of that year. The deceleration was attributed to a decline in consumer spending, likely influenced by uncertainties related to the November 5...
News Escape on CBAM Amendments: New Exemption Thresholds and Regulatory Simplification
The February 24, 2025, leak of a document attributed to the European Commission fueled speculation regarding a possible revision of reporting thresholds and a simplification of the implementation of the Border Carbon Adjustment Mechanism (CBAM). Rumors about possible...
Sixteenth EU Sanctions Package Against Russia: More Details and Implications
On Wednesday, Feb. 19, 2025, European Union representatives reached agreement on the sixteenth sanctions package against Russia, European diplomats confirmed Monday. This new set of punitive measures includes a ban on imports of primary aluminum, a ban on the sale of...
Ukraine and Rare Minerals: Zelenskiy Rejects U.S. Offer and Aims for Better Deal
Ukraine has rejected a proposal made by the United States that Washington control 50 percent of its national rare earth reserves According to reports in the Financial Times, Ukrainian President Volodymyr Zelenskiy decided not to accept the deal immediately, preferring...