European Defence Agency, BRUSSELS: A new era for defence procurement in the European Union begins on 1 July with the introduction of a regime designed to increase transparency and competition in the European Defence Equipment Market, offer armed forces and taxpayers better value for money, broaden business opportunities for defence companies and strengthen the global competitiveness of the European industry.
US-China trade war surges, overshadowing Trump climbdown
The US-China trade war intensified Thursday, sending the global economy into unknown territory and dampening relief after President Donald Trump's...
