A consortium comprising TotalEnergies, QatarEnergy and Italy’s Eni on Friday signed with Lebanonj an agreement for gas exploration in Block 8 off the Lebanese coast. The ceremony took place this morning at the Grand Serail.
The agreement was signed on the Lebanese side by Minister of Energy and Water Joe Saddi.
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EU countries approved Friday a huge but divisive trade deal with the South American bloc Mercosur, diplomats said, giving Brussels the green light to sign an accord championed by business groups but loathed by many European farmers.
A majority of the European Union's 27 nations voted in favour of the pact at an ambassadors' meeting in Brussels, despite opposition from France, Ireland and others concerned about its impact on the agricultural sector, several European diplomats told AFP.
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Lebanon's moves to remove weapons from all non-state groups and assert full state control are as important as financial reforms if the economy is to recover after years of crisis, the economy minister said Thursday.
"You need economic reforms, but you also need security and political reforms," Amer Bisat told The Associated Press after a cabinet session in which the Lebanese military reported progress on a plan to disarm Hezbollah and non-state groups and expand deployment in southern Lebanon.
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President Donald Trump's administration on Wednesday sought to assert its control over Venezuelan oil, seizing a pair of sanctioned tankers transporting petroleum and announcing plans to relax some sanctions so the U.S. can oversee the sale of Venezuela's petroleum worldwide.
Trump's administration intends to control the distribution of Venezuela's oil products globally following its ouster of President Nicolás Maduro in a surprise nighttime raid. Besides the United States enforcing an existing oil embargo, the Energy Department says the "only oil transported in and out of Venezuela" will be through approved channels consistent with U.S. law and national security interests.
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Dozens of angry farmers demonstrated on Thursday in front of France's lower house of parliament after driving about a hundred tractors into Paris to protest the European Union intention to move forward with a free trade deal with five South American nations.
French farmers for years have denounced the trade deal with the Mercosur nations of Brazil, Argentina, Bolivia, Paraguay and Uruguay, arguing that it would hurt French farmers' livelihoods.
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Farmers in Greece escalated nationwide protests Thursday, launching a 48-hour blockade of major highways, junctions and toll stations over soaring production costs and a contentious European Union trade deal with South American nations.
Tractors lined key routes across the country, halting all traffic except emergency vehicles. Police directed traffic to secondary routes when possible and did not intervene to counter the blockades.
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Wall Street's hot start to the year is cooling a bit on Wednesday.
The S&P 500 was virtually unchanged in early trading, coming off its latest all-time high. The Dow Jones Industrial Average added 18 points, or less than 0.1%, to its own record set the day before, while the Nasdaq composite was 0.1% higher, as of 9:35 a.m. Eastern time.
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U.S. forces have boarded a Venezuela-linked sanctioned oil tanker in the North Atlantic after pursuing it for weeks, a U.S. official said.
The official spoke to The Associated Press on Wednesday on the condition of anonymity to discuss sensitive military operations. The official said the U.S. military seized the vessel and handed over control to law enforcement officials.
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China escalated its trade tensions with Japan on Wednesday by launching an investigation into imported dichlorosilane, a chemical gas used in making semiconductors, a day after it imposed curbs on the export of so-called dual-use goods that could be used by Japan's military.
The Chinese Commerce Ministry said in a statement that it had launched the investigation following an application from the domestic industry showing the price of dichlorosilane imported from Japan had decreased 31% between 2022 and 2024.
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Germany's blue-chip DAX stock index jumped above 25,000 points for the first time Wednesday, following strong gains on Wall Street as hopes for the artificial intelligence boom bolster investor sentiment.
The index, which groups the 40 largest publicly traded companies on the Frankfurt Stock Exchange, hit the milestone shortly after opening, and was trading at 25,010 points at 9:15 am (0815 GMT).
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