EU allocates steel quotas to trading partners to curb import surge

Published on 30/06/2026 – 12:27 GMT+2 The EU has allocated import quotas for steel to its trading partners on Tuesday in an attempt to fight growing overcapacity from foreign producers. ADVERTISEMENT ADVERTISEMENT The measure comes amid rising tensions between the EU and china China, where most of the global steel surplus originates. Seeking to shield its market from global overcapacity, EU legislators agreed last April to increase existing tariff-free steel quotas to 18.3 million tonnes…

United States

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Desperate search underway for missing swimmer in Newport Beach

A desperate search is underway for a swimmer reported missing in Newport Beach who vanished Monday morning. Officials from the U.S. Coast Guard (USCG) were made aware of the situation regarding 47-year-old Wesley MacFarland, who was reported missing off the coast of Newport Harbor, at approximately 7:45 a.m. The search…

Politics

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Business

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SEC Wins .4 Million Crypto Fraud Case

The US Securities and Exchange Commission has won its fraud suit against crypto platform NanoBit Limited, nearly two years after the agency accused it of stealing hundreds of thousands of dollars from at least 18 investors between 2023 and 2024.The announcement by the SEC on Monday came nearly two weeks…

Lifestyle

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