european union

Can Europe Defend Itself in a War Against Russia?

The major developments of this weekend, starting with the now-legendary clash between Ukrainian President Volodymyr Zelensky and the American duo Donald Trump and J.D. Vance, have unsurprisingly reshuffled the global order, particularly in Europe. The Old Continent, which had grown unaccustomed to wars on its territory for several decades, has ...

European Leaders Look to Boost Support for Ukraine at London Summit

More than a dozen European leaders gather in London, on Sunday, for crisis talks, looking to boost security cooperation and support for Ukraine after an astonishing blowout between Kyiv and Washington. Ukraine's allies have been underscoring their steadfast commitment to counter growing concerns that US President Donald Trump is about to sell ...

Trade Exchange Between Lebanon and the European Union: Decline in Exports and Imports in 2024

Lebanon entered into the Partnership Agreement with the European Union in March 2003. On November 11, 2016, the Partnership Priorities and the Mutual Package between Lebanon and the European Union were approved, aiming to enhance mutual interests and improve economic cooperation. According to the latest trade figures in a report prepared by the ...

French Finance Minister: EU Will 'Do the Same' if US Imposes Tariffs Hikes:

French Finance Minister Eric Lombard told AFP on Thursday that the European Union would "do the same" if the United States follows through with 25 percent tariffs announced by President Donald Trump. Trump threatened Wednesday to impose 25 percent tariffs on goods imported from the European Union. "It is clear that if the Americans maintain the ...

The Role of the US, EU and Arab Countries in Syria’s Economic Future

The Partial Lifting of European Sanctions Is Insufficient The partial lifting of European sanctions on Syria is a positive step that could help accelerate economic recovery. However, this measure remains inadequate given the urgent need for support. While some Gulf Cooperation Council (GCC) countries, notably Qatar and Saudi Arabia, are willing ...

Ukraine's Reconstruction Needs Surpass $500 Billion

Ukraine will need over $500 billion to repair the damage resulting from the Russian invasion, which has entered its fourth year, according to a joint assessment published Tuesday. "The total cost of reconstruction and recovery in Ukraine is $524 billion over the next decade," said a statement published by Ukraine, the World Bank Group, the ...

14 Billion Dollars: The Devastating Losses of the Hezbollah-Israel Conflict

$14 billion! That is the historic and no less colossal amount of damage caused by the conflict between Hezbollah and Israel. This sum includes both material damage and economic losses. The reconstruction costs are estimated at around $12 billion.   For Nassib Ghobril, chief economist at Byblos Bank, economic losses amount to at least $3 ...

EU tells US Europe Wants to 'partner' on Ukraine Peace

EU chief Ursula von der Leyen told US envoy Keith Kellogg on Tuesday that Europe wants to work with Washington for peace in Ukraine, and is ready to do more to arm Kyiv. "Financially and militarily, Europe has brought more to the table than anyone else. And we will step up," von der Leyen wrote on X after meeting Kellogg in Brussels. "We want to ...

EU Pushes to Boost Weapons Deliveries for Ukraine

The EU is pressing its member states to bolster supplies of key weaponry to Ukraine this year, including air defences, missiles and at least 1.5 million artillery shells, a proposal seen by AFP Monday said. Europe is scrambling to offer backing to Kyiv after US President Donald Trump blindsided allies by launching peace efforts with Russia over ...

UK Says Ready to Send Troops in Ukraine

UK Prime Minister Keir Starmer said he was prepared to deploy troops to Ukraine if needed, hours before European leaders meet in Paris on Monday to address Washington's shock policy shift on the war. US President Donald Trump sidelined Kyiv and its European backers last week by calling his Russian counterpart Vladimir Putin to talk about ...