Japan’s decision to include used vehicles in its ban on car exports to Russia will cost the country nearly $2 billion, Reuters reported on Monday, citing trade data and market participants. The ban on sales of all but subcompact vehicles to Russia came into effect in early August, having cut off a lucrative sales channel…

MEPs don’t call the shots, so any real change in the bloc will emerge from domestic upheavals The European Parliament elections have shaken up the political space but won’t bring revolutionary changes at EU level. Despite the success of Euroskeptic forces in a number of countries, the composition of the representative body has not seriously…

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