deal

EU, Mercosur set to sign long-sought free trade pact in Paraguay, creating one of the world’s largest markets The European Union and South America’s Mercosur are poised to sign a free trade agreement in Asuncion, Paraguay, on Jan. 17, capping more than 25 years of negotiations and creating one of the world’s largest free trade areas. The pact would eliminate tariffs on more than 90% of bilateral trade across a market representing about 30% of global GDP and more than 700 million consumers. The deal, agreed in Brussels last…

Trump warns Cuba to ‘make a deal,’ threatens to cut off Venezuelan oil and cash as Havana pushes back U.S. President Donald Trump on Sunday urged Cuba to “make a deal” or face unspecified consequences, warning that the flow of Venezuelan oil and money to Havana would stop — an escalation that follows Washington’s toppling of Venezuela’s leftist leader Nicolas Maduro last week. “There will be no more oil or money going to Cuba — zero!” Trump wrote on his Truth Social platform, without detailing what kind of deal he was…

Irish members of the European Parliament from Fianna Fáil and Fine Gael say they will oppose the EU–Mercosur trade agreement in any European Parliament vote, signaling fresh headwinds for a pact that has stalled for years over environmental and agricultural concerns. The coordinated stance by MEPs from Ireland’s two dominant centrist parties underscores persistent resistance to the agreement, which would lower tariffs and open markets between the European Union and the Mercosur bloc of Brazil, Argentina, Paraguay and…

Ireland to vote against EU-Mercosur trade pact as bloc moves toward approval European Union sources voiced disappointment as Ireland prepared to vote against the EU-Mercosur trade agreement, a stance at odds with what they described as the country’s traditional image as an export-driven economy. The vote, set for an ambassadors’ meeting in Brussels this morning, comes as the pact is expected to win endorsement by a qualified majority despite opposition from Ireland, France, Poland and others. Italy’s decision to back the…

Colombia’s Petro, Trump agree to ‘joint action’ against ELN along Venezuela border after first call, minister says BOGOTA — Colombia’s leftist President Gustavo Petro agreed with U.S. President Donald Trump to take “joint action” against the National Liberation Army (ELN) along the Venezuelan border after the two leaders held their first phone call, Colombia’s interior minister said. Interior Minister Armando Benedetti told Blu Radio that Petro and Trump used the conversation to de-escalate tensions and align on confronting…

Ukrainian President Volodymyr Zelensky said a potential agreement to end Russia’s full-scale invasion is “90% ready,” but vowed he will not sign a “weak” peace that rewards Moscow or risks a renewed assault, setting a hard line as competing narratives and fresh strikes underscored the war’s volatility. In a New Year’s Eve address posted on his Telegram account, Zelensky framed Kyiv’s position as seeking an end to the war “but not the end of Ukraine,” stressing that unresolved core issues — including security guarantees and…

Trump says Ukraine peace talks ‘very close’ as Donbas remains sticking point MAR-A-LAGO, Fla. — President Donald Trump said he and Ukrainian President Volodymyr Zelensky are “getting a lot closer, maybe very close” to a framework to end the war in Ukraine, while acknowledging the fate of the disputed Donbas region remains a key unresolved issue. Speaking at a joint news conference after talks at Trump’s Mar-a-Lago resort, both leaders reported progress on two of the most contentious items in negotiations — long-term security…

Zelensky hails ‘very good’ talks with Trump envoys as Ukraine steps up strikes; Poland scrambles jets Ukrainian President Volodymyr Zelensky said he held “very good” talks with U.S. President Donald Trump’s envoys Jared Kushner and Steve Witkoff focused on ending Russia’s “brutal” war, as Kyiv intensified long-range strikes on Russia’s energy infrastructure and Poland intercepted a Russian reconnaissance aircraft over the Baltic Sea. “We discussed certain substantive details of the ongoing work,” Zelensky said in a social…

ANKARA, Turkey — Somalia finalized a wide-ranging cooperation pact with Turkish industrial group OYAK on Tuesday, launching a program to expand and modernize the Horn of Africa nation’s fisheries while strengthening maritime security and creating jobs along its coast. Somalia’s Minister of Fisheries and Blue Economy Ahmed Hassan Adan signed the Cooperation and Marine Production Development Partnership at a ceremony in Ankara, calling it a step-change for the country’s blue economy. The agreement, he said, will channel direct…

Ankara, Turkey — Somalia signed a sweeping cooperation agreement with Turkish industrial group OYAK on Tuesday, launching a multi-year push to modernize the country’s fisheries and blue economy while tightening maritime security and creating jobs along its coastline. The pact, finalized by Somali Minister of Fisheries and Blue Economy Ahmed Hassan Adan in Ankara, formally establishes the Cooperation and Marine Production Development Partnership. The initiative is structured to protect Somalia’s marine environment and unlock…