EU FOREIGN POLICY
Trump's foreign policy won't change after Republicans' midterm losses, Rubio asserts
Rubio, who spoke to reporters after talks with his counterparts from the G7 industrialised democracies, said President Donald Trump will decide US policies as he sees fit, regardless of his Republican Party's wipeout in the midterms.
Rubio to visit France on first post-midterm foreign trip to face questions on Trump policies
US Secretary of State Marco Rubio will attend the G7 foreign ministers meeting in France this weekend. This trip follows significant Republican losses in the midterm elections, raising questions about Trump's international policies. Rubio is expected to address various global issues, including the Iran and Russia-Ukraine conflicts. The meeting aims to cover topics like energy security and support for Ukraine amidst ongoing challenges.
Reset will keep India busy as Trump’s midterm loss redraws US politics
The recent US midterm elections have significant implications for international relations and the economy. Incoming policies may impact trade agreements between India and the US, affecting both countries' economies. Additionally, potential conflicts involving Iran could influence energy prices in India, creating economic uncertainty. The evolving political landscape in Washington will require India to adjust its diplomatic strategies.
China trade accord with Swiss bucks wider trend towards protectionism
Chinese President Xi Jinping and Swiss President Guy Parmelin are set to sign a significant trade deal. The accord offers Switzerland extensive market access to China, enhancing the trade relationship between the two nations. This agreement notably contrasts with increasing trade barriers established by the United States and the European Union. Swiss officials believe this deal will provide stability in a volatile global trade environment.
Denmark to launch new work permit scheme in 2027; sets DKK 322,000 as the minimum salary
Denmark is set to roll out a fresh work permit scheme for international workers from January 1, 2027. To be eligible, foreign workers must hold jobs that adhere to sanctioned collective agreements and fulfill salary standards. Employers are required to gain certification to join this initiative and affirm compliance with said agreements.
FTA with India will be a game changer in supply chain management: EU ambassador to India
EU ambassador to India Jean-Eric Paquet further said, "We are creating an economic space across India and the European internal market. That is what is being established, creating a long-term perspective and reliability for economic operators, which will obviously build on very significant trade already."
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India-US ties shift to deal-making as Trump's Iran policy looms
India must adapt to a US relationship driven by pragmatic deal-making, rethink its diaspora policy amid anti-immigrant sentiment, and play a bigger role in easing Iran tensions and shaping the global order.
Piyush Goyal to explore trade, investment avenues in Germany & Netherlands
Commerce and industry minister Piyush Goyal is set to visit Germany and the Netherlands for trade engagements. He will participate in the Berlin Global Dialogue and meet various government officials in Germany. The focus will be on technological cooperation, clean technology, and the India-EU FTA negotiations. In the Netherlands, Goyal will hold ministerial meetings to explore expanded trade channels and green transition initiatives.
Europe’s last penicillin plant faces a bitter fight against China’s cheaper drugs
The Sandoz penicillin plant in Kundl, Austria, is under threat from cheaper Chinese antibiotic production. European healthcare programs benefit from the lower prices, which could jeopardize self-sufficiency. China's share of the EU penicillins market has rapidly increased in recent years. European policymakers are becoming increasingly concerned about reliance on China for essential medicines. The current dynamics highlight the significant trade challenges facing European pharmaceutical manufacturers.
Zelenskyy says early warning system for Russian missile attacks resumes following call with Rubio
Ukrainian President Volodymyr Zelenskyy stated that his country is now receiving crucial early warning intelligence from partners. Recent Russian missile attacks caused significant civilian casualties, prompting Zelenskyy to seek more American assistance. Although U.S. officials deny any political directives to slow support, Zelenskyy expressed concerns over military supplies and restrictions. European countries continue to allocate substantial funding to support Ukraine amid these challenges.
Vietnam's export boom offers India six lessons for growth
Vietnam’s export success offers India six lessons: simplify tariffs, strengthen top-level industry engagement, expand free trade access, ease local content rules and ensure predictable taxes to attract global supply chains and boost exports.
Russian aerial blitz kills 9 in Ukraine as Zelenskyy meets US and European officials in Norway
Russia conducted missile and drone strikes across Ukraine, causing civilian casualties and significant damage to infrastructure. Ukrainian President Volodymyr Zelenskyy is in Norway seeking increased American and European support for his country. Despite ongoing attacks, Zelenskyy expressed concerns about the delay in U.S. military aid, including critical air defense interceptors. European nations have stepped up their support, fearing Russian aggression will extend further.
Germany's Merz touts defence, AI and chip investment drive in pitch to investors
Germany aims to quadruple its artificial intelligence computing capacity by 2030 as part of a broader push to strengthen technological competitiveness, he added.
Charting the global economy: Inflationary pressures mount in US
A broad upswing in consumer prices last month helps reinforce expectations for additional Federal Reserve interest-rate increases in the months ahead.
Russia strikes 9 Ukrainian regions as strain grows between Zelenskyy and Trump
Russian attacks on Ukraine have led to emergency power outages affecting many households and increased civilian injuries. Attacks on civilian infrastructure, including homes and public services, have resulted in a significant rise in casualties. Ukrainian President Volodymyr Zelenskyy highlighted ongoing tensions with the United States regarding support for Ukraine's defense. The war is expected to cost Ukraine around 174 billion USD next year, straining resources.
Europe must tackle dependency on Starlink, EU leaders say
European Union leaders are tackling the significant concern of Ukraine's dependency on Starlink satellite communications, following reports of service disruptions affecting essential military operations. Kaja Kallas pointed out the absence of an immediate European alternative to the SpaceX technology. Several leaders underscored the pressing need to develop independent European capabilities to assist Ukraine, with ongoing collaborative discussions aimed at potential future solutions.
EU adopts nearly 1,600 new sanctions listings targeting Russia
European Union foreign ministers have adopted nearly 1,600 new sanctions listings targeting Russia's military-industrial complex, the bloc's foreign policy chief, Kaja
As Russia turns to Asia, India a ‘natural option’ for Moscow beyond China, says EAM Jaishankar
India's External Affairs Minister S. Jaishankar emphasized the importance of maintaining strong ties with Russia. He noted that Russia's relationship with Europe has significantly deteriorated since the Ukraine conflict began. Jaishankar mentioned ongoing negotiations for a trade agreement between India and the US are nearing completion. The article outlines the EU's increased sanctions against Russia concerning its military actions in Ukraine.
PM Modi's free trade push could lead to $140 billion GDP gain for India
A more protectionist US could unexpectedly benefit India as New Delhi expands its free-trade agreements (FTAs) to diversify export markets and attract investment. A World Trade Organization-based model estimates that India’s concluded and proposed trade deals, including agreements with the EU and New Zealand, could add about $140 billion to GDP by 2035, lifting it 1.7% above the baseline.
Trump on Russia-Ukraine energy truce: ‘There have been violations on both sides’
Donald Trump commented on reports of violations regarding the proposed energy ceasefire between Russia and Ukraine. He stated that both Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy agreed to the arrangement under his insistence. Zelenskyy accused Russia of continuing its attacks, causing casualties and damage to infrastructure. The Kremlin did not confirm the ceasefire, and the European Union also expressed skepticism over Russia's compliance.
Government allows 5,841 tonnes of sugar export to EU under quota-based duty concession scheme
"The quantity of 5,841 MT of sugar to be exported to the EU from India under TRQ (tariff rate quota) for the year 2026-27 (October 2026 to September 2027) has been notified," the Directorate General of Foreign Trade (DGFT) has said in a public notice dated October 9.
France's far-left presidential candidate cheers Gen Z school protests
Jean-Luc Melenchon has celebrated the nationwide high school protests over education issues in France. He has called for lowering the voting age to 16 and ending selective university admissions. Melenchon aims to engage young voters while addressing their grievances with the educational system. His campaign also focuses on lowering the retirement age and canceling national debt. Melenchon believes that young people's political involvement will be crucial for the upcoming election.
Trump sticks with tariffs even as US voters turn against them before the midterms
US President Donald Trump's tariff policies are facing growing economic and political challenges ahead of the November 3 midterm elections, with a majority of Americans reportedly opposing his latest import duties. While the White House argues that tariffs will boost domestic manufacturing, trade experts warn that higher costs are being passed on to US businesses and consumers. The policy has also fuelled trade disputes with major partners, including the European Union, India, Canada and Mexico.
Beyond America: Top nations where Indian tech professionals can find overseas job prospects and career growth
Indian technology professionals are exploring new global opportunities as US immigration policies change. Countries like Australia, Canada, and Germany offer various pathways for skilled workers. These professionals need to understand specific immigration routes and requirements in each destination. Securing job offers does not guarantee visa eligibility, as requirements can vary significantly.
Global Market: Yuan strengthens as dollar retreats; China pushes back against undervaluation claims
The Chinese yuan strengthened against the US dollar as the greenback retreated from an 18-month high. Beijing defended its currency policy amid European Union trade negotiations, rejecting undervaluation claims. Supported by strong exports and foreign capital inflows, the yuan has gained 4.4% this year, with authorities favouring stability and gradual appreciation.
Will EU press the ‘kill switch’ on China? Trade war looms over talks
EU officials are raising alarms over the escalating trade deficits with China, exceeding one billion euros on a daily basis. The spike in Chinese hybrid-car exports underscores possible gaps in EU tariff policies. Although talks are underway, China shows little willingness to engage in voluntary export restrictions for select products. EU leaders are now considering a 'kill switch' mechanism.
Australia migration: Coalition plans 650,000 cut in temporary migrants over four years
Australia's opposition Coalition plans to limit temporary migrant numbers by 650,000 within four years, which includes stricter student visa rules. The proposed changes would restrict family member admissions for most international students except in certain cases. Additionally, international student visas would be linked to specific institutions to enforce compliance with work-hour regulations. Simultaneously, the Coalition aims to decrease net overseas migration significantly over the coming years.
Payoneer India Cross-Border Excellence Awards 2026 closes with a blueprint for India’s next export leap
India’s exports hit a record $863.1 billion in FY26, yet the businesses driving that growth rarely share the spotlight. On September 25 in New Delhi, the Payoneer India Cross-Border Excellence Awards 2026, in association with The Economic Times, closed its 2026 cycle with a summit on market access, growth corridors and outbound compliance, and 16 category winners that show what Indian global enterprise looks like today.
Ukraine will hit Russian refineries in response to Moscow's 'new doctrine' of airstrikes
Ukraine is set to enhance its attacks on Russian oil refineries in response to recent changes in military tactics. President Volodymyr Zelenskiy emphasized that civilian infrastructure would not be targeted during these operations. Ongoing Ukrainian counteroffensives have recaptured significant territory in the eastern Donbas region.
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