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Japan businesses brush off worries over China tourists
Japan businesses brush off worries over China tourists
by  AFP

Shiina Ito has had fewer Chinese customers at her Tokyo jewellery shop since Beijing issued a travel warning in the wake of a diplomatic spat, but she said she was not concerned. But travel agency manager Wu said that the spat would not stop holidaymakers dreaming of Tokyo.

G20 summit opens in South Africa without Trump
G20 summit opens in South Africa without Trump
by  AFP

A US-European rift over the future of Ukraine is set to overshadow a G20 summit starting in South Africa on Saturday further marked by Donald Trump's pointed absence. On Saturday, European leaders are to meet on the sidelines of the summit to make it clear "that there should be nothing about Ukraine without Ukraine", European Commission chief Ursula von der Leyen said.

EU to seek more tariff exemptions during US commerce secretary visit
EU to seek more tariff exemptions during US commerce secretary visit
by  AFP

The EU will demand more tariff exemptions on products including wines when US Commerce Secretary Howard Lutnick meets the bloc's trade ministers on Monday. The EU's trade ministers will meet in Brussels on Monday during which Lutnick and US Trade Representative Jamieson Greer will join them for lunch.

How US sanctions on Russia's Lukoil hit Bulgaria's largest refinery
How US sanctions on Russia's Lukoil hit Bulgaria's largest refinery
by  AFP

By taking over the Balkan's largest refinery from Lukoil, Bulgaria has for now avoided punishing US sanctions against the Russian oil giant, which enter into force on Friday. - On October 22, Washington announced it would impose sanctions on Russian oil giants Rosneft and Lukoil to stifle the financing of Russia's invasion of Ukraine that started in 2022.

Lithuania accuses Belarus of 'blackmail' over stranded trucks
Lithuania accuses Belarus of 'blackmail' over stranded trucks
by  AFP

Lithuania has reopened its border with Belarus but thousands of trucks are still stuck on the other side, the foreign ministry in Vilnius said, accusing Minsk of "blackmail" over millions of euros in stranded goods. It accused the government in Minsk -- a close ally of Russia -- of "coercion and blackmail".

Europe increasingly 'vulnerable' to shocks: ECB chief
Europe increasingly 'vulnerable' to shocks: ECB chief
by  AFP

European Central Bank chief Christine Lagarde warned Friday the region was increasingly "vulnerable" to shocks like US tariffs and is lagging behind in areas that will drive growth such as AI. The continent must urgently speed up its integration and overhaul a model of export-led growth that has faltered amid mounting geopolitical turmoil, she said in a speech to a banking conference.