European Union

The European Union (EU), a political and economic alliance of European countries, is currently newsworthy due to several interconnected challenges. Iran has designated EU armies as terrorist groups in retaliation for the EU's designation of the Islamic Revolutionary Guard Corps (IRGC). This escalates tensions and highlights strained international relations. Simultaneously, the EU is navigating a complex global trade landscape, exemplified by the India-EU trade agreement, which is seen by some as undermining US economic coercion. This agreement links a major growing economy with the EU's single market. Furthermore, the EU's defense capabilities are under scrutiny, with questions raised about its ability to defend itself without US support, particularly within the context of NATO. The EU is also involved in discussions regarding critical minerals, seeking to build alliances with countries like the US, UK, and Australia.