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DAILY NEWS IN ENGLISH

EU steels itself with new tariffs aimed at protecting domestic industry The European Union has announced that it will impose tariffs on steel imports into the blocas part of its response to the US imposition of tariffs on steel and aluminum products. The measures are not just retaliatory, but a way to help shield the EUʼs market from a glut of steel heading to the continent after the US imposed its tariffs on imports of the metal. The 25 percent tariffs will not be levied on all steel imports but rather will come into effect once import levels across a range of steel categories exceed a certain quota, set at the average import level of the past three years. This system, known as a tariff rate quota, is designed to guardagainst a surge of steel imports into the blocthat would otherwise have been headed for the US market were it not for the recent imposition of tariffs by US President Donald Trump.

EU steels itself with new tariffs aimed at protecting domestic industry The European Union has announced that it will impose tariffs on steel imports into the blocas part of its response to the US imposition of tariffs on steel and aluminum products. The measures are not just retaliatory, but a way to help shield the EUʼs market from a glut of steel heading to the continent after the US imposed its tariffs on imports of the metal. The 25 percent tariffs will not be levied on all steel imports but rather will come into effect once import levels across a range of steel categories exceed a certain quota, set at the average import level of the past three years.

166/2018 • 23 JULY, 2018

Spain drops extradition requests for Carles Puigdemont, other Catalan separatists They were wanted on rebellion charges

Spainʼs Supreme Court has withdrawn its extradition requests for six Catalan separatist politicians, including ex-regional president Carles Puigdemont who is in Germany.

Volvo shifting some production to better navigate tariffs The Swedish carmakerʼs secondquarter sales and profits are up substantially, despite global trade tensions. Nonetheless, it is shifting production within its factories around the world to try and avoid stiff duties. Volvo Cars, whose Chinese owner Geely is reportedly considering an initial public offering of the traditional Swedish carmaker, said it was on track for another sales record despite rising trade tensions. Operating profit for the second quarter increased by 28.6 per-

cent compared to the same period last year to 4.2 billion Swedish crowns (€408 million, $474 million) on 66 billion crowns in revenue. The carmaker delivered 317,639 vehicles in the first half of the year, a 14 percent increase over last year. Read more: In the Trump era, can the concept of ʼfree tradeʼ survive? Acquired by Geely in 2010, the maker of premium cars such as the XC90 SUV and S60 sedan has notched up four straight record sales years, raising its game against larger rivals Mercedes and BMW.

MoMA showcases Brutalist architecture of former Yugoslavia Yugoslavia was nestled between the capitalist West and the socialist East. The countryʼs location influenced its architects immensely. As New Yorkʼs Museum of Modern Art (MoMA), which is hosting the exhibition "Toward a Concrete Utopia: Architecture in Yugoslavia, 1948-1980," wrote on their website: "The architecture that emerged – from International Style skyscrapers to Brutalist ʼsocial

condensersʼ – is a manifestation of the radical diversity, hybridity, and idealism that characterized the Yugoslav state itself." This is the first time the work of socialist Yugoslaviaʼs leading architects is being shown to an international audience, with the exhibition focusing on "themes of large-scale urbanization, technology in everyday life, consumerism, monuments and memorialization."

Germany sees sharp rise in ʼfake scienceʼ journal publications Over 5,000 scientists at German universities and other higher education institutes have published the results of their research in journals run by quasi-scientific publishers, according to a media report on Thursday. When researchers publish their results in a scientific journal, the expectation is that their research questions, methods and data have undergone a rigorous review by other scientists in the field in a process known as peer review. The process acts as a form of quality control, ensuring that studies are scientifically sound before being released to the public.

Berlin prosecutors confiscate Lebanese clanʼs properties Berlinʼs state prosecutors have claimed they have made a major sweep against one of the large organized crime families in the German capital: a"clan" of Arab-Lebanese originknown simply by their initial R. to comply with German privacy law. At a press conference on Thursday, Berlin chief state prosecutor Jörg Raupach said that 16 people were being investigated on suspicion of money-laundering, all of whom were part of the network of R. family network. Authorities confiscated some 77 properties, worth an estimated €9.3 million ($10.8 million). The sweep came after financial crime investigators had searched 13 apartments and commercial properties last Friday.

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