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Merz tells France Mercosur trade deal must be ratified 'quickly'
Merz tells France Mercosur trade deal must be ratified 'quickly'
Economy
by  AFP

Germany's new Chancellor Friedrich Merz said on Wednesday EU countries should "quickly" ratify a free trade deal with four South American nations that has met with staunch opposition from France. "The Mercosur deal should be ratified quickly and implemented," Merz said at a joint press conference with President Emmanuel Macron as he visited Paris on his first trip abroad.

Disney announces new theme park in Abu Dhabi
Disney announces new theme park in Abu Dhabi
Economy
by  AFP

The Walt Disney Company on Wednesday unveiled plans for a new theme park in the United Arab Emirates, underscoring the country's emergence as a financial and entertainment global hub. Disney's announcement came ahead of US President Donald Trump's visit to Saudi Arabia, Qatar and the United Arab Emirates next week.

New German finance minister says 'no time to lose'
New German finance minister says 'no time to lose'
Economy
by  AFP

Germany's new Finance Minister Lars Klingbeil said Wednesday there was "no time to lose" to jump-start Europe's beleaguered top economy, even as hardline US trade policies complicate his task. Klingbeil also said that he would speak with European finance ministers Wednesday and that a key challenge would be finding ways of boosting investment using EU institutions.