Eurotopics.net

The EU Commission has set a new climate protection target: a 90 percent reduction in net greenhouse gas emissions, compared to 1990 levels, by 2040. As of 2036, EU member states will be able to purchase up to three percentage points of their reduction target with credits from environmental projects in countries outside the EU. These "international credits" in particular are a source of controversy in Europe's press.

At a time when developing countries are struggling with massive debt and industrialised nations are cutting aid budgets, how can development cooperation continue? This is the question that dominated the Fourth International Conference on Financing for Development which ended on Thursday in Seville. The US, which has scrapped more than 80 percent of USAID projects under Trump, didn't even send a delegation.

Relations between Russia and Azerbaijan have nosedived after several Azerbaijanis were arrested in Yekaterinburg on Sunday for murders committed many years ago. Two of those arrested were found dead shortly afterwards - according to Baku as a result of severe physical abuse. In retaliation, several Russians - including employees of the Russian state broadcaster Sputnik - were arrested in Baku and subjected to brutal treatment. What is fuelling the conflict?

Romania's new prime minister, Ilie Bolojan, has announced major cuts to scholarships at schools and universities. According to statistics from the Ministry of Education, almost one in two secondary school pupils has received a grant of around 90 euros per month in recent years for good grades. The criteria for receiving these merit-based scholarships, as well as those allocated to disadvantaged pupils, are now to be tightened.

During negotiations in London, the US and China have agreed on a framework for a deal in their trade dispute. According to US President Trump the deal foresees tariffs of 55 percent on Chinese imports to the US, with 10-percent tariffs on US imports to China. Mutual export restrictions on rare earths and high-tech products are also to be lifted. The media take stock.