Sanctions designed to hurt Moscow are destroying the global economy, the foreign minister says EU businesses have lost at least €250 billion ($266.6 billion) due to the sweeping sanctions imposed on Moscow, Russian Foreign Minister Sergey Lavrov stated on Wednesday.
Washington’s policies toward Beijing have been cited as one of the main reasons Chinese businesses have been slashing their investments in the US in the face of worsening bilateral relations and challenging business conditions, the Financial Times reported on Tuesday, citing data from the Rhodium Group think tank.
Germany is to tighten its immigration laws and may begin processing asylum applicants in third countries outside of the European Union, Chancellor Olaf Scholz has announced. Italian Prime Minister Giorgia Meloni revealed earlier this week that Rome is going to build such a holding facility in Albania.