World
China to investigate EU brandy imports in new anti-dumping probe
China is launching an anti-dumping probe into imports of brandy from the European Union, a move which follows the bloc’s trade inquiry into Chinese electric vehicles.
The Chinese ministry of commerce said Friday that the investigation comes after complaints were made by the country’s alcoholic beverages association on behalf of a domestic brand.
An anti-dumping probes involves investigating whether a country is importing products at a price below fair market value.
A spokesperson on behalf of the European Commission confirmed that the investigation concerned “spirits (commonly known as brandy) products derived from distilled wines originating in the European Union.”
“We are now assessing the documentation we have received, and will intervene in the framework of the investigation, as appropriate, in close cooperation with the EU industry concerned,” the EU executive’s spokesperson for trade, Olof Gill, said.
French cognac is expected to be the main target of the investigation. The announcement saw the shares of French spirits companies such as Pernod Ricard SA and Remy Cointreau SA plummet. Both are parent companies of popular cognac brands including Hennessy, Remy Martin and Martell.
The move is seen as a response to the EU’s anti-subsidy inquiry into Chinese-made electric vehicles, announced during European Commission President Ursula von der Leyen’s annual State of the Union speech in October.
The EU is concerned that Beijing’s import restrictions and generous subsidies for China-based firms are putting European companies at an unfair disadvantage, inflating the bloc’s massive trade deficit with Beijing.
Cheap Chinese electric vehicles have recently flooded the EU market, undercutting domestic producers and presenting an existential threat to Europe’s car industry.
“Global markets are now flooded with cheaper Chinese electric cars. And their price is kept artificially low by huge state subsidies. This is distorting our market,” von der Leyen said in October. “And as we do not accept this distortion from the inside in our market, we do not accept this from the outside.”
France had been the leading voice amongst the EU’s 27 member state in advocating for the inquiry, as its leading domestic carmaker Renault called on Europe to act in response to China’s aggressive competition.
The Chinese response is seen as modest, given that liquor imports from the EU to China represents only a small fraction of the value of Beijing’s electric vehicle exports to the EU.
But it does mark a symbolic development in the ongoing EU-China trade spat.
European Union leaders reiterated their warning to China that it should play according to trade tules during a December EU-China summit in Beijing.
President von der Leyen said during the trip that the EU would “not tolerate that our (the EU’s) industrial base is undermined by unfair competition,” but also said both sides had agreed that trade between them should be balanced.
Chinese President Xi Jinping also expressed during the summit that he wanted Beijing and Brussels to cooperate as mutually beneficial partners.
The Asian giant is the EU’s biggest trading partner, with trade in goods amounting to a staggering €2.3 billion every day.
But EU imports from China now exceed its exports by almost €400 billion. This deficit has grown tenfold in the past 20 years and doubled over the past two years. According to von der Leyen, “such imbalances are just unsustainable.”
World
India's TCS rejigs leadership team, creates new business units
World
UK pins string of antisemitic attacks on Iran-linked group, bans IRGC
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The United Kingdom on Monday blamed an Iran-linked proxy group for a string of antisemitic arson attacks targeting British Jewish sites, prompting the government to ban Tehran’s powerful Islamic Revolutionary Guard Corps and impose sweeping new powers to crack down on foreign-backed sabotage.
British officials said the Islamic Movement of the Companions of the Right (IMCR) publicly claimed responsibility for seven attacks this year targeting Jewish and Israeli-linked locations, as well as a Persian-language media outlet critical of Iran’s government. According to the U.K. government, members of the IRGC’s elite Qods Force were “almost certainly” directing the group’s operations across Europe.
The attacks included fires at synagogues, Jewish charity ambulances and other Jewish community sites in London. No injuries were reported.
DESANTIS ANNOUNCES PLANS TO USE NEW STATE LAW TO TARGET DOZENS OF ALLEGED TERRORIST GROUPS
Britain’s Prime Minister Keir Starmer hosts a reception with the Jewish community to discuss efforts to tackle antisemitism, at Downing Street, in London, July 13, 2026. (Reuters/Suzanne Plunkett/Pool)
Prime Minister Keir Starmer said the new measures send a clear message to foreign adversaries seeking to sow violence.
“We will never let Britain be a playground for states who want to spread fear, division and violence on our streets,” Starmer said. “Anyone acting on behalf of those who threaten our national security should be in no doubt that there is no place for you in Britain.”
Britain’s Prime Minister Keir Starmer discusses efforts to tackle antisemitism at Downing Street in London, Monday, July 13, 2026. (Suzanne Plunkett/Pool Photo via AP)
If Parliament approves the designations later this week, anyone carrying out acts of sabotage — including arson — on behalf of the IRGC, IMCR or Russia’s GRU Volunteer Corps could face life imprisonment. Supporting or assisting the groups could carry prison sentences of up to 14 years.
The British government said the new authorities, created under the National Security (State Threats) Act 2026, will make it easier for prosecutors to secure convictions because they will no longer have to prove a direct foreign government connection in every case.
Home Secretary Shabana Mahmood accused both Tehran and Moscow of relying on criminal proxies to conduct hostile operations inside the United Kingdom.
“Iran and Russia are using proxies and thugs to do their dirty work on our shores,” Mahmood said. “I have rapidly designated three groups so those working for them will be tracked down and put behind bars.”
ISRAEL FORTIFIES BORDER WITH JORDAN AS IRAN SEEKS NEW TERROR PATH
The government said IMCR emerged online earlier this year and has also claimed responsibility for attacks on synagogues in Belgium and the Netherlands. British intelligence officials say Iran-backed proxy groups have increasingly recruited members of criminal organizations to carry out sabotage, intimidation and physical attacks across Europe, often targeting Jewish communities and Iranian dissidents.
Charred remains of ambulances belonging to Hatzola, a Jewish community organization, which were set on fire in an incident that the police say is being treated as an antisemitic hate crime, in London, March 23, 2026. (Hannah McKay/Reuters)
According to the U.K., MI5 identified at least 20 potentially lethal Iran-backed plots against individuals in Britain over the past year. The government has already sanctioned more than 550 Iranian-linked individuals and entities and has pledged £250 million ($334,662,500) over three years to strengthen security for Jewish communities, including increased protection for synagogues, schools and community centers.
Britain also designated Russia’s GRU Volunteer Corps, saying the group acts as a proxy for Russian military intelligence by recruiting individuals online to conduct sabotage, arson and other hostile operations.
The crackdown comes just weeks after two Romanian men were sentenced to prison for stabbing a journalist working for a Persian-language television station in London, an attack a British judge said was carried out on behalf of the Iranian state.
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Iran did not immediately comment on Monday’s announcement, according to The Associated Press.
The Associated Press contributed to this report.
World
EU sanctions Russia’s VK Company for helping expose Putin’s critics
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The European Union has sanctioned VK Company, which dominates Russia’s online sphere, for colluding with the Kremlin to identify critics of the full-scale invasion of Ukraine and curtail access to independent sources of information.
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VK Company runs VKontakte, the country’s most popular social media site. Often described as “the Russian Facebook”, it has an estimated 70 million users.
The decision, taken on Monday by foreign ministers, points the finger at VK Company and an associated firm for developing and managing Max App, which is state-backed and comes pre-installed on all phones and tablets sold in Russia.
Citing experts, Brussels argues that Max App has “extensive surveillance features” that Russian authorities use to track online communications, gather data, monitor address books, identify user location and install autonomous updates.
The imposition of Max App has helped the state crack down on competitors, such as WhatsApp, Instagram and Telegram, and on VPNs, the private networks that Russians employ to bypass increasingly stringent state restrictions on the Internet.
“VK has cooperated with Russian authorities in their repressive actions, including by providing them with data concerning users of its services who posted content criticising Russia’s war of aggression against Ukraine, or other content banned by the authorities,” the legal text says.
“VK has also participated in the government-ordered ban on the use of VPNs, through which Russian internet users could previously access independent content.”
Monday’s decision introduces an asset freeze and prohibits EU companies from making funds available to VK Company. In a statement to Russian state-owned media outlet TASS, the firm said that its applications and services remained “available to users as normal”.
Besides VK Company, the EU also sanctioned Citadel, VAS Experts and Norsi-Trans, three companies that provide hardware and software for the so-called System of Operative Investigative Measures that Russian authorities use to track online communication and target journalists, opposition figures, minority groups and ordinary citizens.
The restrictions were adopted under a special regime dedicated to punishing human rights violations.
Separately, the EU sanctionednine individuals and four entities accused of carrying out “malicious” cyber attacks against several member states.
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