Wednesday

1st Dec 2021

Ticker

Report: Syrian bank fiddling currency to evade EU sanctions

Syria is using currency manipulation to evade EU and UN sanctions, with the National Bank of Syria, a blacklisted entity, taking in $60m (€52m) in 2020 of the real value of aid money meant to soothe poverty in government-held areas, according to research by US think-tanks. UN contractors procured goods at the official SYP2,500/$ exchange-rate, but those dollars were worth SYP3,500/$ on the black market, in the complex scam.

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No obligation to defend Ukraine from Russia, Nato chief says

According to Nato chief Jens Stoltenberg "it is important to distinguish between Nato allies and partner Ukraine. Nato allies, there we provide [Article 5] guarantees, collective defence guarantees, and we will defend and protect all allies."

EU agency: 'Omicron vaccine' approval to take 3-4 months

The EU drug regulator's chief said the bloc is ready to tackle mutations and allow for the fast-track approval of redesigned vaccines. The EU's disease agency said all known European Omicron cases were so far asymptomatic or had mild symptoms.

Ombudsman launches probe into Commission tobacco lobbying

The EU Ombudsman Emily O'Reilly has launched an inquiry to assess if the European Commission complies with transparency obligations over tobacco lobbying – ahead of upcoming revisions of rules targeting tobacco consumption.

Lead MEP wants 'mandatory relocation' in EU asylum law

Spanish centre-left MEP Juan Lopez Aguilar chairs the European Parliament's civil liberties committee and is the lead on the crisis regulation, a bill presented by the EU commission last September as part of its migration and asylum pact.

Column

The EU's 'global gateway' - an answer to China, or a dead-end?

Will the Global Gateway become yet another dead-end? If the Green New Deal, projects to secure supplies of important minerals, the Open Strategic Economy and now this are put together, then the pieces of the puzzle could fall into place.

News in Brief

  1. Poland curtails media access to Belarus border
  2. Report: Germany's Scholz 'backs compulsory Covid jabs'
  3. Omicron 'present in Europe at least 10 days ago'
  4. German court finds ex-Islamic State member guilty of genocide
  5. Report: Shell is considering return to Libya
  6. Report: EU to reveal €300bn infrastructure plan
  7. Barbados becomes world's newest republic
  8. Far-right Zemmour will run for French presidency

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Latest News

  1. No obligation to defend Ukraine from Russia, Nato chief says
  2. EU agency: 'Omicron vaccine' approval to take 3-4 months
  3. Ombudsman launches probe into Commission tobacco lobbying
  4. Lead MEP wants 'mandatory relocation' in EU asylum law
  5. The EU's 'global gateway' - an answer to China, or a dead-end?
  6. Osman Kavala in a Turkish jail - taking injustice personally
  7. Frontex implicated 'to some extent' in violations, says officer
  8. Omicron shows need for pandemic global pact, WHO says

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