The European Union says there is "an advancement" in a long-anticipated trade mechanism, called the INSTEX, with Iran, after Tehran's announcement of further cuts in its commitments under a 2015 nuclear accord it signed with major world powers.
China’s "Global Times" advised European states with regard to Iran’s nuclear issue to avoid being US pawn because the US no longer considers Europe an ally, but a subordinate that can be bossed around.
This summer, US airlines have enjoyed booming flight demand, immune to a Swedish-born “flight shaming” movement that has hit air travel in Europe, where environmentally conscious travelers are choosing trains over planes.
By analyzing sediment cores from the bed of Europe's oldest lake, an international team of scientists has created a detailed climate history of the north-central Mediterranean stretching back 1.36 million years — and revealed the climate mechanism that has driven winter rainfall in the region.
It’s been 35 years, but the French artist Bernar Venet is finally going to realize his vision for a monumental sculpture that appears to span across a busy highway. The 250-ton steel sculpture, which will be the largest public artwork in Europe, is due to be unveiled officially in October. Originally conceived for a site in France back in 1984, the work has now found a home in Belgium.
The global march towards lower interest rates reaches Europe this week with the European Central Bank expected at least to signal easier monetary policy, while Turkey’s new banking chief is seen taking an ax to the country’s rates.