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Added on the 26/08/2021 14:00:00 - Copyright : EFE Inglés
The European Union announces extra provisional duties of up to 38 percent on Chinese electric car imports. German automobile giant Volkswagen describes the move as "detrimental" to the European market, while Beijing warns it could spark a trade war. "It is a means to correct an imbalanced and unfair competitive situation," says Eric Mamer, chief spokesperson for the European Commission. SOUNDBITE
US Secretary of State Antony Blinken says he expects European allies to keep up strong support for NATO despite a far-right victory in the first round of French elections. SOUNDBITE
A Long March 2-C rocket carrying a satellite jointly developed by China and France lifted off from a space base in Xichang, in southwestern China. The launch took place around 3:00pm (0700 GMT). The satellite, dubbed the Space Variable Objects Monitor (SVOM), will seek out gamma-ray bursts, powerful cosmic explosions that offer clues about the history of the universe. IMAGES
Boeing recognizes the "gravity" of the safety crisis facing the company, but the aviation giant is "making progress," Chief Executive Dave Calhoun tells a US Senate panel. SOUNDBITE
The US Federal Reserve left its key lending rate unchanged on and penciled in just one rate cut this year, down from the three expected in March. SOUNDBITE
Dozens of activists protest outside the Chinese Consulate in Manila as tensions between the two countries in the South China Sea grow. IMAGES