Wednesday

18th Jul 2018

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EU bank delays gas pipeline decision

The European Investment Bank has delayed its decision on whether to finance up to €1.5bn of a gas pipeline, TAP, linking the EU to Azerbaijan and reducing dependency on Russia. A spokesman said the decision was now likely in February. He said the delay was linked to "due diligence", but activists criticised the EU for planning to invest in fossil fuels the same day as a climate summit in Paris.

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EU and Japan wave light in Trump's 'darkness'

EU leaders and Japanese prime minister signed a series of agreements, including the EU's biggest trade deal ever, designed as an answer to the disruption of the world order by the US president.

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