Author: DW

EU policymakers warned a few months ago that Europe was being flooded with cheap Chinese electric vehicles . They accused Beijing of backing major production overcapacity to allow China’s automakers to grow their share of the global EV market. The European Commission, the EU’s executive arm, launched an anti-subsidy probe into the oversupply issue late in 2023 and warned China’s EV makers that they could face a new import tariff to offset what Brussels said was unfair competition for European carmakers. On Wednesday, the Commission said it was planning to impose tariffs of up to 38% on Chinese electric vehicles from July 4 and those tariffs would…

South Africa’s largest political party, the African National Congress (ANC), has reached a deal to form a unity government with former political foes the Democratic Alliance (DA). DA Leader John Steenhuisen said today would “go down in the annals of history as the start of a new chapter” for South Africa. “It is my privilege to report to you that after two weeks of thorough negotiations that only concluded after today’s sitting of parliament had already started, the DA has reached agreement on the statement of intent for the formation of a Government of National Unity.” Earlier South African media reported that…

A unity government has been formed in South Africa with the ruling African National Congress (ANC) and its largest rival, the Democratic Alliance (DA), signing a deal, an official has said.The ANC, which lost its parliamentary majority in a May election, agreed to enter into a government of national unitywith parties including the DA, the Inkatha Freedom Party and the Patriotic Alliance, public broadcaster SABC reported. The ANC won just 40% of the vote, forcing Nelson Mandela’s legacy liberation movement to negotiate a power-sharing agreement with rival parties for the first time in 30 years.Senior DA negotiator Helen Zille on Friday confirmed…

A total of 24 European countries will be competing in the men’s Euro 2024 tournament, and more than 650,000 international football fans are expected to visit Germany. It will be a once-in-a-lifetime event for many but could quickly turn into a nightmare if you fall for fakes and scams online. Several social media postsand articlessuggest that football fans could face fines of thousands of euros if caught wearing counterfeit jerseys, citing “specific German laws to combat the spread of fake goods.” German footballer Christoph Kramer, a member of the 2014 World Cup-winning team, was recently spotted wearing a fake jersey of the…

When the most recent round of fighting between Israel and the Lebanon-based militant group, Hezbollah, began, Malak Daher hoped it would only last a few days. “It’s so hard to be so far from your life,” said the 30-year-old woman who was displaced from the southern town of Mais al-Jabal, located almost directly at the Lebanese-Israeli border where fighting is centered. “You feel like your life is on hold. Like, life is going on elsewhere, but your own time has stopped.” But the fighting between the Lebanese militant group, Hezbollah, and the Israeli military did not end. In fact, over the past few…

The US Federal Reserve on Wednesday left its key lending rate unchanged at between 5.25 and 5.50 %, according to a statement concluding a two-day meeting.  Policymakers also forecast only one rate cut in 2024, down from a previous estimate of three.  Although the Fed statement said economic activity was expanding at a “solid pace,” along with strong job growth and steady low unemployment, Fed chair Jerome Powell said policymakers “need to see more good data to bolster our confidence thatinflation is moving sustainably toward 2%.” Rates to remain high for ‘as long as appropriate’  Powell told a press conference that the…

South Africa’s largest political party, the African National Congress (ANC), reportedly reached a deal to form a unity government with former political foes. South African media reported on Friday that a deal had been struck involving the opposition Democratic Alliance (DA) and the Inkatha Freedom Party (IFP).  The Reuters news agency cited former DA leader and member of the party’s negotiating team, Tony Leon as saying that a deal to form a unity government is “pretty much there.” “It’s going to happen,” he said, following media reports that a deal had been reached. Talks on forming a coalition government had gone down to…

Wayne Lineker has thanked a friend for taking him to hospital after a “disturbing” incident in Ibiza earlier this week, which left him with “stitches and a swollen lip” after he tried “to protect a girl from being harassed”.The 62-year-old, who is the younger brother of former England footballer Gary Lineker, shared an Instagram story praising his pal after a video circulated earlier this week, showing him in an altercation outside a bar on the Spanish island in the early hours of Wednesday morning. He was reported to have been knocked out for several minutes after being punched in the…

Three-time NBA Hall of Fame basketball player and executive Jerry West has died at the age of 86. A statement released by the Los Angeles Clippers, for whom West continued to work as a consultant, said he died Wednesday morning with his wife Karen by his side. West, who was born and raised in rural Chelyan, West Virginia, said in his 2011 autobiography, “West by West: My Charmed, Tormented Life,” that he had turned to basketball as a form of therapy during a childhood that had far more anger than love, thanks to an abusive father. As a young boy…

Malik Agar, the deputy chairman of the army-dominated Sudanese Transitional Sovereignty Council, left no doubt about his country’s position in comments made in June on the sidelines of the International Economic Forum in St. Petersburg (SPIEF).  Sudan is indeed interested in reviving an agreement on building a Russian navy hub on the Red Sea, Agar said, according to Sudanese daily Sudan Tribune. Sudan and Russia have been discussing such an agreement for years. According to the online magazine Understanding War, as far back as 2017, Sudan’s then-president Omar al-Bashir, and Russian President Vladimir Putin reached a deal on the construction of a Russian base…