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European Union

London’s financial center, “the City,” prepares for bigger global role after Brexit

by Stephen Beard
Jul 28, 2021
Brits widen their horizons as hopes dwindle that the U.K. will have unfettered access to the EU's financial services market.
A pedestrian passes the skyscraper informally known as the Gherkin in London's financial district, which seeks to extend its international business ties.
Daniel Leal-Olivas/AFP via Getty Images
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EU carbon tariff plan sparks controversy

by Stephen Beard
Jul 19, 2021
The European Union proposes to impose tariffs on certain imports from countries deemed not to be seriously tackling climate change.
The EU is encountering pushback against a new plan to use trade policy to reduce carbon emissions in an effort to mitigate climate change.
Lukas Schulze via Getty Images
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How will the world respond to the European Union's proposed carbon border tax?

by Andy Uhler and Daniel Shin
Jul 19, 2021
Scott Barrett of Columbia University thinks countries may adopt their own trade-oriented approaches to battling climate change.
Flags of the European Union member states hang inside the Council of the European Union's Lex building in Brussels.
Dan Kitwood/Getty Images
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European Union may restrict British TV shows post-Brexit

by Stephen Beard
Jul 15, 2021
Britain’s departure from the 27-member bloc raises questions about the quantity of UK TV shows aired and streamed in continental Europe.
Following Brexit, the European Union may restrict the amount of British TV shows — like "Downton Abbey" — available in the EU. Above, visitors attend a 1920s themed event at Highclere Castle, the main set location of "Downton Abbey," in 2019.
Isabel Infantes/AFP via Getty Images
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London Unbound

Britain looks to U.S., China to bolster financial services after Brexit

by Victoria Craig
Jul 1, 2021
After a wait-and-see period caused by Brexit, London is ready to forge a new global path in attracting business partners.
"I think what's increasingly clear is that London's future is going to be global," says Jonathan Hill.
Dan Kitwood/Getty Images
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London Unbound

How is Britain's financial services industry faring after Brexit?

by Victoria Craig
Jun 28, 2021
It’s an industry that, in 2019, contributed nearly $200 billion to the U.K.’s economy, and supported nearly a million jobs.
It's been six months since the end of a Brexit transition period for the U.K. How are financial companies moving forward?
Tolga Akmen/AFP via Getty Images
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Trade disputes high on Biden's European trip agenda

by Nancy Marshall-Genzer
Jun 9, 2021
Tariffs on wine, cheese, steel and aluminum are among the issues to be resolved.
The first couple arrives in England ahead of the G-7 summit. Biden is expected to try to resolve disputes involving tariffs on wine, cheese, steel and aluminum.
Brendan Smialowski/AFP via Getty Images
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EU seeks to raise the drawbridge on companies that get foreign subsidies

by Sabri Ben-Achour
May 5, 2021
It's an attempt to gain leverage over China.
European leaders are increasingly worried that China’s state-dominated economic system is threatening companies in their own countries.
Sean Gallup/Getty Images
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COVID-19

Countries want tourists back if they're vaccinated. That may lead to vaccine passports.

by Samantha Fields
May 5, 2021
What counts as proof of immunization when there's no global database to tell a fake apart from the real thing?
"The train’s left the station. It's happening," says Jen Kates, director of global health policy at the Kaiser Family Foundation. "So many countries have said they're doing this. It's just a matter of how to make it work," and how to make it as fair and equitable as possible.
Joel Saget/AFP via Getty Images
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COVID-19

Germany seethes over the slow delivery of COVID-19 vaccines

by Stephen Beard
Feb 24, 2021
Delays in the European Commission’s procurement of vaccine is tempering Germany’s enthusiasm for the European Union.
A nurse inoculates a resident of Saxony, Germany, with the Pfizer-BioNTech vaccine.
Matthias Rietschel/Getty Images
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