European Commission President Ursula von der Leyen said a free-trade deal with South America’s Mercosur bloc is “in sight” but faces resistance ahead of a two-day summit in Uruguay. Leaders from Brazil, Argentina, Uruguay, and Paraguay are negotiating the pact to establish the world’s largest free trade zone. However, Italy’s opposition threatens to derail the 20-year effort to create the world’s largest free-trade zone.
EU chief makes final push to secure Mercosur free trade agreement
China tanker transits Strait of Hormuz amid US blockade tensions
A Chinese tanker, Rich Starry, under US sanctions, has successfully transited the Strait of Hormuz. Owned by Shanghai Xuanrun Shipping Co Ltd, it carries 250,000
Péter Magyar seeks to reshape Hungary’s EU relations after election victory
Péter Magyar’s election as Hungary’s prime minister marks the end of Viktor Orbán’s 16-year rule, promising significant change in Hungary’s EU and NATO relations. Magyar’s