EU Considers Restarting WTO Case Against US Over Steel Tariffs

FILE PHOTO: Chess pieces are seen in front of displayed US and EU flags in this illustration. REUTERS
FILE PHOTO: Chess pieces are seen in front of displayed US and EU flags in this illustration. REUTERS
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EU Considers Restarting WTO Case Against US Over Steel Tariffs

FILE PHOTO: Chess pieces are seen in front of displayed US and EU flags in this illustration. REUTERS
FILE PHOTO: Chess pieces are seen in front of displayed US and EU flags in this illustration. REUTERS

The European Union is considering reopening a case at the World Trade Organization against the United States over a steel and aluminum dispute that saw the allies hit each other with tariffs on more than $10 billion of goods, Bloomberg News reported on Friday, citing people familiar with the matter.
The EU will, however, refrain from immediately reimposing retaliatory tariffs on American goods over the disagreement, the report said.



IsDB, Türkiye Sign $740 Million Financing Agreements

IsDB, Türkiye Sign $740 Million Financing Agreements
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IsDB, Türkiye Sign $740 Million Financing Agreements

IsDB, Türkiye Sign $740 Million Financing Agreements

The Islamic Development Bank (IsDB) and Türkiye have signed two financing agreements totaling some $740 million to support the country's recovery through investments in disaster-resilient healthcare systems and the advancement of green, resilient, and inclusive education.

According to SPA, the agreements were signed in the Turkish capital of Ankara.

Over the past 50 years, the IsDB Group has allocated more than $14.7 billion to development finance projects and initiatives in Türkiye, focusing on 587 projects across sectors including healthcare, renewable energy, education, and modern transportation.

This latest series of financing agreements marks another milestone in the long-standing development partnership between Türkiye and the IsDB Group. It aligns with the partnership framework and Türkiye’s Twelfth Development Plan for 2024–2026.