Ukraine updates: Third round of talks to begin in Istanbul – DW – 07/23/2025
Ukrainian and Russian delegations are set to meet in Istanbul for a fresh round of ceasefire talks on Wednesday.
Ukrainian President Volodymyr Zelenskyy said the meeting would focus on exchanging prisoners of war rather than ending the conflict.
Separately, Zelenskyy signed a new law restricting autonomy of Ukraine's anti-corruption agencies, sparking rare protests in Kyiv.
Stay tuned for the latest news and analysis from the ongoing war.
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Int'l Business Times
2 hours ago
- Int'l Business Times
What We Know So Far About The EU-US Trade Deal
EU chief Ursula von der Leyen clinched an agreement Sunday with US President Donald Trump to avoid crippling tariffs from hitting the bloc, with both leaders hailing a "good deal". The stakes were high with a looming August 1 deadline and $1.9 trillion transatlantic trading relationship on the line. Many European businesses will breathe a sigh of relief after the leaders agreed the 27-country bloc will face a baseline levy of 15 percent instead of a threatened 30 percent -- but the deal will not satisfy everyone. Here is what we know so far: Both sides confirmed there will be a 15-percent across-the-board rate on a majority of EU goods -- the same level secured by Japan this month -- with bilateral tariff exemptions on some products. The deal will bring relief for the bloc's auto sector, employing around 13 million people -- and hit by Trump with 25-percent tariffs, on top of a pre-existing 2.5 percent. "Obviously, it is good news for the car industry. So Germany will be happy. And all the EU members with auto supply chains, they go from 27.5 to 15 percent," said Jacob Funk Kirkegaard of the Peterson Institute For International Economics. A 15-percent levy will remain "costly" for German automakers, "but it is manageable", said trade geopolitics expert Elvire Fabry at the Jacques Delors Institute. While 15 percent is much higher than pre-existing US tariffs on European goods -- averaging 4.8 percent -- it mirrors the status quo, with companies currently facing an additional flat rate of 10 percent imposed by Trump since April. The EU also committed to buy $750 billion of liquefied natural gas, oil and nuclear fuels from the United States -- split equally over three years -- to replace Russian energy sources. And it will pour $600 billion more in additional investments in the United States. Trump said EU countries -- which recently pledged to ramp up their defence spending within NATO -- would be purchasing "hundreds of billions of dollars' worth of military equipment". Von der Leyen said the 15-percent rate applied across most sectors, including semiconductors and pharmaceuticals -- a critical export for Ireland, which the bloc has sought to protect. Trump in April launched probes that could lead to significantly steeper tariffs on the two key sectors, warning this month he could slap 200-percent levies on drugs. Brussels and Washington agreed a bilateral tariff exemption for key goods including aircraft, certain chemicals, semiconductor equipment, certain agricultural products and critical raw materials, von der Leyen said. The EU currently faces 50-percent tariffs on its steel exports to the United States, but von der Leyen said a compromise on the metal had been reached with Trump. "Between us, tariffs will be cut and a quota system will be put in place," she said. It is understood that European steel would be hit with 50-percent levies only after a certain amount of the metal arrived in the United States, but no details were initially provided on the mechanism. The deal needs to be approved by EU member states, whose ambassadors will meet first thing Monday morning for a debrief from the European Commission. And there are still technical talks to come, since the agreement needs to be fully fleshed out. Von der Leyen described the deal as a "framework" agreement. "Details have to be sorted out, and that will happen over the next weeks," she said. In particular, she said there has yet to be a final decision on alcohol, critical since France and The Netherlands have been pushing for carve-outs for wine and beer respectively. "This is something which has to be sorted out in the next days," von der Leyen said.
DW
7 hours ago
- DW
Russia opens new direct flights to North Korea – DW – 07/27/2025
Monthly flights from Moscow to Pyongyang were set to begin on Sunday evening in a further sign of the deepening ties between Russia and North Korea. Meanwhile, Russia's Navy Day parade was canceled on "security grounds." The first direct passenger flight from Moscow to Pyongyang since the mid-1990s was set depart on Sunday evening in another sign of the deepening ties between Russia and North Korea. The eight-hour, 6,500-kilometer (4,040-mile) flight, operated by private Russian carrier Nordwind Airlines, was due to take off from Moscow's Sheremetyevo Airport at 19:00 local time (18:00 CEST). The 440 places on the Boeing 777-200ER aircraft quickly sold out, Russian state media claimed, with tickets costing 44,700 rubles ($563, €479). However, the AFP news agency reported that nine tickets were still available on the airline's official website on Sunday morning. Russia's civil aviation authority Rosaviatsia has granted Nordwind Airlines permission to operate flights between the two capital cities twice a week, although the Russian transport ministry said that flights would operate only once a month to begin with in order to "help build stable demand." A return flight from Pyongyang to Moscow is scheduled for Tuesday, according to Russian state news agency TASS. Previously, the only direct air route between Russia and North Korea has been flights by North Korean carrier Air Koryo from Pyongyang to Vladivostok in Russia's Far East three times a week. A direct train connection between Moscow and Pyongyang was reopened on June 17 this year after being suspended during the COVID-19 pandemic. The 10,000-kilometer (6,200-mile) journey takes eight days. Russia and North Korea have increased diplomatic, economic and military ties in the wake of Moscow's full-scale invasion of Ukraine. Kyiv and its Western allies have accused North Korea of supplying Russia with artillery and ballistic missiles to strike Ukrainian cities, while Pyongyang has deployed more than 10,000 troops to help repulse a Ukrainian incursion into Russia's Kursk region. To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Meanwhile, the Russian government said on Sunday that an annual navy parade in St. Petersburg was canceled for unspecified "security reasons." Authorities in the northwestern port city canceled the parade on Friday with Kremlin spokesman Dmitry Peskov saying on Sunday that "security comes first." President Vladimir Putin reintroduced Russia's "Navy Day" in 2017 after an almost four-decade absence. In a video message published on Sunday, he praised the "courage" and "heroism" of Russian marines involved in the war of aggression against Ukraine since February 2022. He said the military's most important aim was to "protect the sovereignty and the national interests of the fatherland" and that the navy plays an "important role" in this. The Russian Defense Ministry said on Sunday that around 100 Ukrainian drones had been intercepted over Russian territory, at least ten of which were close to St. Petersburg, which temporarily closed its airport. Further south, Ukrainian drone and missile attacks have effectively forced Russia's Black Sea fleet to abandon its bases in Crimea and retreat further east. The fleet's flagship, the was sunk by Ukrainian forces on April 14, 2022, becoming the largest Russian warship to be sunk since the Second World War.
DW
10 hours ago
- DW
As France's Africa policy collapses how do companies adjust? – DW – 07/27/2025
With the political leaders of francophone Africa increasingly turning their backs on their former colonial rulers, French corporations have been forced to rethink doing business with Africa without Paris' support. The disruption is now in full swing, with more and more African countries, particularly in the Sahel region of northern and western Africa, rejecting the so-called Francafrique policy by their former colonial power, France. The term refers to a complex and controversial network of political, economic, social and military ties between France and its former African colonies, describing a kind of special relationship characterized by ongoing French influence in these nations. Often described as neocolonial, France's Africa policy is under massive political and popular pressure, and the fight against it is openly challenging Paris' military, diplomatic and economic footprint in Africa. The Sahel region stretches from the Sahara Desert in the north to the savannas in the south, encompassing several countries, including Mali, Niger, Burkina Faso, Mauritania and Chad. To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Antoine Glaser is a French journalist and former director of Paris-based magazine — a leading publication focused on Africa with editions in English and French. He said French companies with operations in the region enjoyed "preferential treatment," especially during the Cold War era due to the Francafrique policy. "They thought they were at home in Africa," he told DW, and ignored more recent realities such as the fact that Africa has "gone global and France didn't see China coming." One such stark reality, he added, is Chinese companies now have a 25% market share in French-speaking Africa, while France's share has tumbled to "between 6% and 7%." Moreover, French multinational nuclear fuel cycle corporation Orano announced last September that it would suspend production at its Arlit uranium mine in northern Niger due to financial difficulties faced by its Nigerien subsidiary, Somair. The decision came as border closures between Niger and Benin, triggered by the July 2023 coup, had blocked all uranium exports, Orano said in a statement, adding: "In spite of efforts to find alternative possibilities to export the uranium produced by Somair and to relaunch commercial activities, all the proposals made to the Nigerien authorities have remained unanswered." In June 2024, Orano also lost its mining license for the Imouraren uranium deposit due to a decision by the military government, which revoked the license following a period of tensions and ultimatum. Situated about 160 kilometers (100 miles) from Agadez — the largest town in central Niger — the Imouraren mine holds one of the world's largest uranium deposits. Mining was launched by French nuclear group Areva, rebranded as Orano in 2018, which mothballed the mine in 2015 due to unfavorable market conditions. Since then, tensions have illustrated the fragility of a system in which military and diplomatic presence supported economic interests. Beyond the uranium sector, France's whole model of influence is being destabilized, affecting sectors like infrastructure, telecommunication, energy and public works — all symbols of France's presence that are now being regularly challenged. In February 2023, French President Emmanuel Macron presented a new strategy, entitled "Our Future The Africa-France Partnership," and offering new forms of partnerships. Unveiled by Macron ahead of his tour of Central Africa, the strategy advocates abandoning old paradigms and puts a new emphasis on economic and trade relations rather than focusing on security issues. The central idea of this new model is based on a transition from "a logic of aid to a logic of solidarity investments and partnerships," and is meant to be a "symbiotic relationship" beneficial to all parties. What France used to consider as its "backyard" for a long time is disappearing amid wider change in the Sahel region. In addition, Africa as a whole is no longer France's exclusive business playground. Countries like Turkey, Russia, China and even Germany are advancing their positions, forcing French companies to readjust their business policy if they are to survive in an increasingly competitive environment. A French corporate consultant, speaking on condition of anonymity, told DW that in Mali, Burkina Faso and Niger, the real French presence was "already marginal before recent tensions" with their colonial motherland. In the mining industry, he said, the main players are now often from Australia or Canada, like Toronto-based mining giant Barrick Mining Corporation. "The perception that France is omnipresent is stronger than the reality," he said. He also noted that behind "official posturing," a strategy was becoming clearer: "Maintain a presence, but through more indirect means." French companies would now seek to maintain market share "without provoking rejection" by launching joint ventures, local partnerships or the creation of project companies under local law. "There is now a dynamic in which these companies are adapting through cooperating more with local partners, setting up shared structures. It's a way of staying active while avoiding head-on visibility," he added. Yves Ekoue Amaizo, the director at the Afrocentricity Think Tank, thinks the gradual withdrawal of French companies also opens the door to new alliances, because African countries would now have "the capacity and the partners to replace these companies." "China, Turkey and other immediate players are already involved. But this means accepting new, often opaque conditions, and managing a context of risks [such as] political instability, terrorism and legal uncertainties," he told DW. While withdrawal seems inevitable for some French multinational corporations, others are still betting on rebalancing their business strategies. According to a report in the offshore industry magazine , energy giant TotalEnergies, for example, is trying to find a new footing in English- and Portuguese-speaking countries, including Kenya, South Africa, Namibia and Angola. But competition there is fierce, and France can no longer rely on a historical advantage in these countries. Even more so as questions of legitimacy and social responsibility also play an increasing role, said Amaizo. "The real question is one of mentality. If companies want to remain credible, they must prove that they are co-constructing locally and sharing the benefits, rather than going it alone with the resources." With the era of the Francafrique special relationship between France and its former African colonies now coming to an end, there are signs that French multinationals are trying to transform themselves, too, by collaborating more strongly with local partners or moving operations elsewhere in Africa. No matter what they do or where they go, legitimacy remains their main capital and must be regained.
