The European Union has added the IRGC to its list of terrorist organisations following Iran’s crackdown on protests, marking a major political turning point. The unanimous decision reflects a push led by Italy, subsequently embraced by European partners and aligned with transatlantic allies. “Many IRGC members operate under diplomatic cover in Iranian embassies, engaging in intelligence activities and intimidation of dissidents in exile,” said Emanuele Ottolenghi (Centef). “Suspending diplomatic relations and expelling such personnel is also an option that should be considered.”
Finance
Reuters: World Bank court orders Pakistan pay $5.8 billion damages to Tethyan Copper
This is the result of globlaisation, where companies that made a small investment can receive extra billions in compensation decided by a court run in the interest of international corporations. Read here
Economics
Reuters: German economic institutes cut 2023 GDP forecast on energy price surge
What a surprise. And the ECB wants to continue raising interest rates and the German goverment wants austerity. Add to this high inflation and low wage growth. Nothing new on the German front. Inflation well […]
EU politics
Kyiv Independent: EU tariffs on Ukrainian goods return after 3 years of war, complicating Kyiv’s path to European integration
The European Union is set to reinstate tariffs on Ukrainian agricultural exports on June 6. This is the first time since Russia’s full-scale invasion that the EU will not renew an agreement suspending trade barriers […]
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