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Israeli Prime Minister Netanyahu: Vance made it clear that President Trump and the United States' main issue is removing all enriched materials (from Iran) and ensuring that Iran does not enrich any more materials for years to come, even decades. That's their focus, and of course, it's important to us as well.
Israeli Prime Minister Netanyahu: Israel supports President Trump's blockade of Iran.
European Commission President Ursula von der Leyen: In-depth study of the Hungary-EU Fund and reforms.
European Commission President Ursula von der Leyen: Seeking changes in the EU's foreign policy decision-making process.
European Commission President Ursula von der Leyen: A proposal to reduce energy taxes will be put forward in May.
European Commission President Ursula von der Leyen: The Commission will consult with member states "soon" on the updated benchmark values for the carbon emissions trading system.
European Commission President Ursula von der Leyen: We also need to take more structural measures to reduce energy prices.
European Commission President Ursula von der Leyen: Consultations will begin this week on more flexible rules for government subsidies.
European Commission President Ursula von der Leyen: The EU can do more and better in energy coordination.
European Commission President Ursula von der Leyen: Emergency measures should not affect the single market.
European Commission President Ursula von der Leyen: We are studying how to coordinate gas storage activities among member states.
European Commission President Ursula von der Leyen: Strong coordination among member states is urgently needed to address energy prices.
European Commission President Ursula von der Leyen: Today we discussed the Middle East crisis and its impact on Europe. Restoring freedom of navigation is of paramount importance.
April 13 – Germany is stepping up its efforts to push the European Union for greater flexibility on vehicle emissions limits. This is part of an effort by the ruling coalition led by Chancellor Merz to revitalize Germany's struggling auto industry. Following the latest round of regular coalition talks in Berlin on Sunday evening, Merz stated that his government will work to ensure in EU negotiations that emissions exceeding 90% of the 2035 target will not need to be fully offset. According to a coalition policy document distributed in Berlin on Monday, vehicles powered entirely by renewable fuels (including "advanced biofuels") should be immediately considered zero-emissions, and the government has also rejected EU demands to increase the proportion of electric vehicles in company fleets. Merz told reporters, "These key technologies must not face a precipitous end." He also reiterated his call for "full technological openness" in car engines.
On April 13th, Morgan Stanley analysts wrote in a report that the victory of Péter Mauricio Péter's pro-EU Tisza party in the general election would be a positive for European stock markets. They expect Hungary to now cooperate more closely with the EU, paving the way for the release of approximately €90 billion in loans to Ukraine that the country had previously rejected. Analysts stated that this loan would boost investor confidence in European stock markets, particularly in continental banking and defense stocks.
ECB Governing Council member Vujicic: Energy prices remain very close to the ECB's baseline scenario.
A German government spokesperson said: "Hungary's vote means that aid funds for Ukraine are expected to arrive soon."
On April 13, Wang Yi, member of the Political Bureau of the CPC Central Committee and director of the Office of the Central Foreign Affairs Commission, met in Beijing with Khalid al-Din, the UAE President's Special Envoy for China Affairs, who accompanied Crown Prince Khalid of Abu Dhabi on his visit to China. Wang Yi stated that under the strategic guidance of the two heads of state, China-UAE relations have maintained a good momentum of development. Crown Prince Khalid's visit is a major event in bilateral relations, and he believes that through joint efforts, the visit will be a complete success, further enhancing strategic mutual trust and deepening pragmatic cooperation between the two countries, which is particularly important given the current international and regional situation. Wang Yi elaborated on China's principled position on the current situation in the Middle East, stating that China fully understands the legitimate security concerns of the Gulf Arab states and supports the UAE in safeguarding its national sovereignty, security, and legitimate rights and interests. He emphasized that blocking the Strait of Hormuz is not in the common interest of the international community, and that achieving a comprehensive and lasting ceasefire through political and diplomatic means is the fundamental solution. China has always been actively committed to promoting peace and ending war and is willing to work with the international community, including the UAE, to push for the early return of peace and tranquility to the Middle East.
Bank of England: The central bank will improve its crisis response capabilities by updating its operating guidelines.
Fitch: If the conflict in Iran continues, it will intensify domestic financing competition and raise financing costs for a longer period of time.
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Apr 20, 2023 13:54