Trade

Moscow is still raking in huge sums from its energy exports despite G7+ restrictions.

Moscow’s self-imposed embargo on diesel sales abroad was designed to tackle shortages at home.

Moscow has to pay to rebuild Ukraine, the top diplomat says, telling Putin: ‘You broke it, you bought it.’

Maroš Šefčovič and Wopke Hoekstra pass plenary vote to take up European Commission posts.

The EU wanted 145 staff to tackle global competitors with lavish subsidies, but only appears to have found a handful.

China takes aim after Brussels formally initiates a probe into its electric vehicle subsidies.

European lawmakers are keen to show support for Armenians, but Azerbaijan’s gas diplomacy makes sanctions unlikely.

European Commission investigation follows pressure from the French government.

Maroš Šefčovič and Wopke Hoekstra get committee approval, setting scene for formal confirmation vote on Thursday.

It’s Yield-mageddon in the US, as the post-COVID bill comes in for paying.

Russia’s war won’t stop Brussels and Kyiv starting talks on Ukraine joining the EU, diplomats say.

US proposals leaked to POLITICO cover thorny issues including agriculture, but not market access.

Beijing’s state companies stand accused of contributing to the Kremlin’s war chest.

‘We are here to express our solidarity,’ says top diplomat Josep Borrell.

Beijing secures Berlin’s backing for the AIIB during Frankfurt visit by Xi Jinping’s top economic aide.

The Carbon Border Adjustment Mechanism enters a trial phase on Sunday.

‘It was the consensus in society’ to get Russian gas, Lars-Hendrik Röller tells the FT.

As Western armies’ stocks start to dry up, governments encourage the private sector to build partnerships with Kyiv.

German chancellor says he’s against clean car trade barriers.

‘My impression is that we wait for problems and then try to solve them,’ says former EU farm commissioner.

Ursula von der Leyen and Charles Michel will travel to Washington.

London has found an ally in Germany in its push for a stay of execution on tariffs due to kick in next January.

Angry firms and trade unions fear being undercut and say they were shut out of Britain’s biggest trade talks.

The Commission sowed weakness in the spring, and is reaping the consequences in the autumn.