ECB recently cut its key interest rate to 3.25%. The rate cut was in line with market expectations and showed that the ECB is responding to falling inflation and a slowing economic outlook.

A spokesman for China's Ministry of Commerce said on 8 August that China has decided in accordance with the law to impose provisional anti-dumping measures on imports of brandy originating in the EU.。According to the Ministry of Commerce announcement, the measure has been implemented since October 11 and is carried out in the form of margin, with a margin ratio of 30 for each company..6% -39.0%。The head of the French Qianyi industry association is worried: this indicates that China may impose tariffs。French media exclaimed: this seems to be the European Commission on China's electric car tariffs imposed "retaliation"。On October 8, local time, the shares of several major French spirits brands fell after the opening, and the Chinese market was crucial to them.。A spokesman for the Ministry of Commerce also announced on the 8th that China is studying measures such as raising tariffs on imported large-displacement fuel vehicles.。

The European Commission said in a statement that the proposal to impose final tariffs on Chinese electric vehicles has received "necessary support" from EU member states.。According to EU diplomats, 10 countries support tariffs Germany, Hungary and other 5 countries voted against, 12 countries abstained。China responded that it firmly opposes the unfair, non-compliant and unreasonable protectionist practices of the European side in this case.。We firmly oppose the European side's imposition of countervailing duties on Chinese electric vehicles.。

Fed easing may come harder than expected, heavy signal from Fed officials。Traders are betting that the Fed is likely to cut interest rates sharply by 50 basis points for the second time in November, as US inflation continues to cool and is close to the Fed's 2 per cent target, with interest rate futures contracts now reflecting a 54 per cent chance of a 50 basis point cut in November.。It is worth noting that the Fed "cut interest rates by another 50 basis points" is expected to heat up at the same time, the European Central Bank may also open aggressive interest rate cuts, may cut interest rates by 50 basis points in December。

The European Union's highest court ruled on 10 October that in the Irish tax case, the U.S. giant Apple lost the case and Apple had to pay up to 13 billion euros in back taxes, putting an end to a 10-year legal battle between Apple and the European Union over tax issues.。The ruling has been described as a "major setback" for Apple, in a case that highlights the conflict between the U.S. tech giant and the European Union, which has sought to resolve issues ranging from data protection to taxation and antitrust.。On September 10, the European Union's highest court also rejected an appeal by US giant Google Inc. in favor of the European Commission's 2.4 billion euro fine against Google on the grounds of abuse of monopoly power.。

On August 20, local time, the European Commission disclosed to interested parties a draft decision on the imposition of final countervailing duties on imports of pure electric vehicles from China. Making minor adjustments to the proposed rates, BYD:17.0%, Geely:19.3%, SAIC:36.3%, other cooperating companies:21.3%, and all other non-cooperating companies:36.3%, it decided to impose a separate tariff rate on Tesla as a Chinese exporter, set at 9% at this stage, with any potential measure valid for five years. The EU-China Chamber of Commerce issued a statement expressing strong dissatisfaction and resolute opposition to this trade protectionist approach by the EC, after China filed a lawsuit in the World Trade Organization (WTO) over the EU's provisional countervailing measures on electric vehicles. The EU has always questioned this, recently, Germany's “Agora Transportation Transformation” think tank and the Boston Consulting Group jointly released a study showing that if Germany wants to achieve the goal of having 15 million electric cars by 2030, it will have to rely on Chinese automakers.

Austrian advocacy group NOYB has filed a complaint against social networking platform X, accusing the company of violating EU privacy regulations by using users’ personal data to train its artificial intelligence (AI) without their consent.

Although the overall inflation rate dropped to 2.5% in June, the core inflation rate remained at 2.9%, exceeding the general forecast, indicating that price pressure continues to exist.

EU antitrust investigators are asking industry insiders whether Google's multi-year AGI deal with Samsung could prevent rivals from using chatbots on Samsung smartphones.

According to the report, the European Commission has imposed temporary tariffs of up to 37.6% on electric cars imported from China. It has sought the views of EU member states through a so-called “advisory” vote. Sources said 12 EU member states voted in favor of the tariffs, four voted against and 11 abstained. Among them, including France, Italy and Spain, 12 countries voted in favor of the formal imposition of tariffs, 4 member states against, while Germany, Sweden and Finland, 11 member states abstained from voting, while Hungary condemned. The report also cited sources saying that the EU executive committee was considering lower tariffs on BMW and Volkswagen electric cars made in China as a compromise.

On July 5, SAIC released a statement saying that SAIC will formally request the European Commission to hold a hearing on China's provisional countervailing duty measures on electric vehicles, and further exercise its right to defend in accordance with the law. In the above statement, SAIC put forward three points of defense First, the investigation involves commercially sensitive information, such as the provision of chemical formulations related to batteries, which is beyond the normal scope of the investigation. Second, the EC's determination of subsidies is wrong. For example, the subsidies for domestic consumers to purchase new energy vehicles were included in the calculation of the subsidy rate for sales in the EU. Third, the EC ignored some of the information and defenses submitted by SAIC during the investigation. Based on the so-called "non-cooperation with the investigation" in the relevant regulations, the EC made unfavorable presumptions and inflated the subsidy rates of several items.

The European Commission is planning to lift the tariff exemption threshold for goods below 150 euros. Officials have stated that the main platforms targeted are China's online market Temu and AliExpress, as well as clothing retailer Shein.

According to people familiar with the matter, the EU has made minor adjustments to the proposed tariffs on some Chinese imports of electric vehicles after obtaining more information about companies affected by the tariff increases.。

Meta recently announced that in response to the upcoming European Parliament elections, the company has enhanced the security of its CrowdTangle anti information tool to alleviate EU concerns.

The European Union (EU) and the United States (US) are engaged in a fierce tug-of-war over tech regulation, centred on how to rein in the tech giants that have come to dominate our lives.

The intensification of monetary policy divergence between Europe and the United States may have some adverse effects on the U.S. economy.

The European Parliament has approved the world's first set of regulations aimed at regulating artificial intelligence (AI).。

Ukraine's accession to the EU digital identity wallet prototype looks increasingly like a defining historical moment。What exactly this defining moment was, however, remains unclear.。

The European Union plans to impose its first-ever fine on tech giant Apple for allegedly violating EU laws on accessing its music streaming service。

Australia will introduce laws that will allow workers to ignore unreasonable calls and messages from their bosses outside working hours with impunity, and employers could be fined if they break the law。The "right to disconnect" is part of a series of industrial relations law reforms proposed by the Australian government under a parliamentary bill, which the Australian government says will protect workers' rights and help restore work-life balance.。France, Spain and other countries in the EU have introduced similar laws giving employees the right to turn off their devices.。