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EU leaders meet to discuss tougher Russia sanctions, US tariffs and Middle East conflicts

EU leaders meet to discuss tougher Russia sanctions, US tariffs and Middle East conflicts

BRUSSELS (AP) — The heads of the European Union's 27 member nations will meet Thursday in Brussels to discuss tougher sanctions on Russia, ways to prevent painful new U.S. tariffs, and how to make their voices heard in the Middle East conflicts.
Most of the leaders will arrive from a brief but intense NATO summit where they pledged a big boost in defense spending, and papered over some of their differences with U.S. President Donald Trump.
Ukrainian President Volodymyr Zelenskyy will join the EU summit by videoconference, after meeting Trump on Wednesday. U.S.-led NATO downgraded Ukraine from a top priority to a side player this week, but Russia's war in Ukraine remains of paramount concern for the EU.
Members will be discussing an 18th round of sanctions against Russia and whether to maintain a price cap on Russian oil, measures that some nations oppose because it could raise energy prices.
Meanwhile, Trump's threatened tariffs are weighing on the EU, which negotiates trade deals on behalf of all 27 member countries. He lashed out at Spain on Wednesday for not spending more on defense and suggested yet more tariffs. France's president called Trump to task for starting a trade war with longtime allies.
European leaders are also concerned about fallout from the wars in the Middle East, and the EU is pushing to revive diplomatic negotiations with Iran over its nuclear program.
EU members have internal disagreements to overcome. They are divided over what to do about European policy toward Israel because of its conduct in Gaza. And left-leaning parties are attacking European Commissioner Ursula von Der Leyen's pivot away from the EU's climate leadership in favor of military investment.
Defense and security are likely to top the agenda. The summit will end with a statement of conclusions that will set the agenda for the bloc for the next four months and can be seen as a bellwether for political sentiment in Europe on major regional and global issues.
___
Associated Press writer Lorne Cook in Brussels contributed to this report.

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NATO's 5% target: Why Almonty Industries' mega mine and NASDAQ listing are a perfect fit for investors
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NATO's 5% target: Why Almonty Industries' mega mine and NASDAQ listing are a perfect fit for investors

Geopolitical conflicts and trade restrictions are making it increasingly difficult to source critical raw materials. Western companies in the high-tech and defense sectors are particularly struggling with scarce supplies and increasingly stringent export controls. With NATO's new 5% defense spending target, the battle for raw materials such as tungsten, which are essential for defense equipment, is set to gain further momentum. As a result, the demand for independent suppliers and the need for reliable partners with sufficient capacity is growing. Almonty Industries has already established a unique profile as a tungsten producer, with assets ranging from mines in Europe to the upcoming commissioning of a mega deposit in South Korea. The commissioning of the Sangdong mine in South Korea and Almonty's European Operations Almonty Industries (TSX:AII) is on the verge of starting production at its Sangdong Mine, which is set to go into operation soon. 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In May, the Company was invited to join the Critical Metals Forum, highlighting Almonty's relevance in this area. Alan Estevez and General Gustave Perna recently joined the Board of Directors. Estevez formerly served as US Assistant Secretary of Commerce for Industry and Security, while Perna most recently commanded the US Army. Both bring extensive expertise in defense logistics and strategic procurement to the Company. At the same time, Almonty is planning an IPO on the NASDAQ. This step aims to improve liquidity and attract institutional investors, giving them a direct stake in the expected growth. According to Bloomberg, now is an ideal time to go public, as newly listed companies are currently experiencing the fastest share price increases in years. This year, the shares of three companies more than doubled on their first day of trading. Several factors could significantly increase the Company's value. 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In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships. For this reason, there is also a concrete conflict of interest. The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies. Risk notice Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such. The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user. The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use. 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Cambodia ex-leader Hun Sen and Thailand's prime minister make separate visits to tense border areas
Cambodia ex-leader Hun Sen and Thailand's prime minister make separate visits to tense border areas

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timean hour ago

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Cambodia ex-leader Hun Sen and Thailand's prime minister make separate visits to tense border areas

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