EU’s big bid to challenge Chinese influence

Published

4 years ago

December 1, 2021

Costa Haritos

The EU is to release details of a global investment plan, seen as a rival to China’s Belt and Road initiative

Insiders of the project say it’ll set out “concrete” ideas on digital, transport, climate and energy schemes.

It’s regarded as part of the West’s efforts to counter Chinese influence in Africa and elsewhere.

European Commission President Ursula von der Leyen will present the “Global Gateway” initiative on Wednesday

The EU is looking at how it can leverage billions of euros, drawn from member states, financial institutions and the private sector.

Mrs von der Leyen said in her State of the Union speech in September: “We want investments in quality infrastructure, connecting goods, people and services around the world.”

Wednesday’s 14-page document isn’t likely to explicitly pitch itself as a rival to China’s strategy. The Commission also studiously avoided mentioning China when pressed about the plans on Tuesday.

But Andrew Small, a Senior Transatlantic Fellow at the German Marshall Fund, says the backdrop is inescapable: “Global Gateway wouldn’t exist if you didn’t have Belt and Road.”

Israel and Hamas agree to landmark hostage deal

Israel and Hamas agree to release hostages in U.S.-brokered deal, marking a potential turning point in Gaza conflict.

Published

22 hours ago

October 10, 2025

ticker NEWS

Israel and Hamas agree to release hostages in U.S.-brokered deal, marking a potential turning point in Gaza conflict.

In a major diplomatic breakthrough, Israel and Hamas have agreed to release all remaining Israeli hostages under a U.S.-brokered framework. The deal pairs prisoner exchanges with an Israeli troop pullback and expanded aid access, marking a potential turning point in the two-year Gaza conflict.

The agreement, set for approval by Israel’s cabinet, could pave the way for lasting peace if both sides uphold the terms. It follows weeks of negotiations led by U.S. envoys and regional mediators in Egypt, Qatar, and Türkiye.

As international agencies prepare to facilitate aid and logistics, the world watches to see whether this fragile deal can hold and bring relief to millions affected by the war.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

News

Google leads Australia media tax rankings

Google leads in Australian media tax payments, unlike Netflix and others, igniting discussions on fairness and corporate responsibility.

Published

2 days ago

October 9, 2025

ticker NEWS

Google leads in Australian media tax payments, unlike Netflix and others, igniting discussions on fairness and corporate responsibility.

Google is currently on the of top of Australian media tax payments, while Netflix, Dentsu, and Singtel pay nothing, sparking a fresh debate over fairness and corporate responsibility in the industry.

#TaxTransparency #Google #Netflix #CorporateResponsibility #AustraliaBusiness