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EU imposes anti-dumping tariff on Argentine biodiesel

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The European Union has imposed anti-dumping duties on biodiesel imports from Argentina in a move dubbed by Buenos Aires as “aggressive protectionism,” Press TV reports. The decision by Brussels to levy 10.6-percent tariff on biodiesel took effect on Friday and will be in force for six months. Argentina’s Foreign Ministry slammed EU’s decision, saying, “The measure is due to the inability... 

Eurozone unemployment rate hits record 12.2 percent

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People waiting in line at a government employment office in Spain. Fresh data reveal the eurozone unemployment rate has hit a record high of 12.2 percent in April, with around 19.2 million receiving government financial assistance as recession continues to take its toll on European economies. The Eurostat data agency said on Friday that a total of 1.6 million people have lost their jobs in the eurozone... 

EU must tackle youth unemployment: European ministers

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Young Spaniards protesting against the government in Madrid. European leaders have warned that youth unemployment in the European Union (EU) must be tackled urgently, as nearly one in four young people in the bloc is out of work. At a conference in Paris on Tuesday, ministers from France, Italy and Germany said if the issue is not addressed at once, the young people in Europe will lose faith in their... 

US threatens Britain not to leave EU

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The Obama administration has warned British officials that if the UK leaves Europe it will exclude itself from a US-EU trade and investment partnership potentially worth hundreds of billions of pounds a year, and that it was very unlikely that Washington would make a separate deal with Britain. The warning comes in the wake of David Cameron’s visit to Washington, which was primarily intended... 

Europe faces decade of stagnation: head of Bank of Canada

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Governor of Bank of Canada Mark Carney Governor of Bank of Canada has warned Europe that it faces a “decade of stagnation” if it does not apply sustained and significant reforms to put its fiscal house in order. Mark Carney issued the warning on Tuesday while making a speech to the Montreal board of trade. “Europe remains in recession, with economic activity constrained by fiscal austerity,... 

Europe: Economy falling, nine countries are in recession

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The euro zone economy is declining for six consecutive quarters. Nine of the 17 countries are in recession: Spain, France, Italy, Finland, Netherlands, Portugal, Cyprus, Greece and Slovenia. The austerity policy imposed by the troika and the German government of Angela Merkel is sinking Europe. Eurostat data was released on Wednesday (15th) and are relative to GDP in the euro area in the first quarter... 

US Approves pesticide linked to mass bee deaths as EU Bans It

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In the wake of a massive US Department of Agriculture report highlighting the continuing large-scale death of honeybees, environmental groups are left wondering why the Environmental Protection Agency has decided to approve a “highly toxic” new pesticide. The continuing mass death of honeybees, known scientifically as Colony Collapse Disorder (CCD) and a “pollinator crisis,” could... 

EU releases bailout funds for Cyprus

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Cypriot women hold a protest outside the parliament, which was to debate a 10-billion-euro EU bailout, in the capital Nicosia on April 30, 2013. The European Union has handed over the first installment of a 10-billion-euro bailout to Cyprus as part of the aid package agreed earlier this year. The bloc’s European Stability Mechanism said in a statement on Monday that Cyprus received two billion... 

UK government plans for EU referendum criticized as wrong

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Ed Miliband criticizes plans for EU referendum as “wrong” and damaging to economy. British Labour leader Ed Miliband says Tory plans to hold an in/out referendum on European Union (EU) membership are “wrong” and damaging to the UK’s national interest. Speaking to the Labour group Progress on Saturday, Miliband reiterated his opposition to the idea of an EU vote. Referring to British Prime... 

EU opens new probe into human organ trafficking in Kosovo

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Urologist Lufti Dervishi (center) sits between his defence lawyers during trial in Pristina, Kosovo on April 29, 2013. A European Union prosecutor has initiated a new probe into the human organ trafficking case, after five doctors in Kosovo were convicted of harvesting and selling kidneys to mainly Israeli recipients. On Tuesday, the EU mission (EULEX Kosovo) in the capital Pristina said eight more... 

Eurozone unemployment rate hits record 12.1 percent in March

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Eurozone unemployment rate hits a record 12.1 percent in March 2013. The Eurostat data agency says eurozone unemployment rate has hit a record-high 12.1 percent in March, up by 62,000 from the previous month. According to the data, some 19.2 million people in the eurozone are receiving government financial assistance. As the jobless rate in the 17-nation eurozone climbed for the 23rd consecutive month,... 

EU is trying to humiliate Britain over immigration

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The EU is forcing states to give up their national sovereignty The European Commission’s latest proposals have heightened skepticism about the effectiveness of government measures to curb “welfare tourism” by migrants from other EU countries. The proposed regulations aim to facilitate easier movement for EU citizens across member states, challenging national governments to establish... 

Public confidence in EU at record low levels

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The harsh spending cuts by the EU governments have triggered massive protests in many European countries. The file photo shows anti-austerity protesters marching towards the Greek parliament in Athens. New data show that public confidence in the European Union has dropped to record low levels in six biggest EU countries amid high unemployment rates and a deepening recession in Europe. According to... 

16,000 complaints filed against Turkey for Human Rights abuses at the ECHR

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Human rights activists march in Turkey to condemn human rights violations. A record 16,000 complaints have been filed against Turkey with the European Court of Human Rights (ECHR), a senior lawyer with the court says. “As far as the severity of the cases [are concerned], Turkey is number one,” Hasan Bakirci, who heads the Legal Department of ECHR, was quoted by the German television, ZDF, as saying. Amnesty... 

Portugal launches fresh round of austerity measures

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People protest against government austerity policies at Lisbon’s main square, Praca do Comercio, March 2, 2013. Portugal has announced a fresh round of spending cuts in order to obtain the approval of international lenders and secure additional funds for the debt-ridden country. The Portuguese government said on Thursday that it plans 800 million euros of spending cuts this year on public sector... 
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