The European Union and India have agreed one of the most significant trade deals in modern history, removing or reducing tariffs on the vast majority of goods traded between them. Together, the EU and India account for around a quarter of global GDP and a combined population of about two billion people. The agreement gives European companies preferential access to India’s fast-growing consumer market and opens the EU’s high-income market to Indian exporters - a major shift in global trade at a time of rising US tariffs and increasing unpredictability in American trade policy.

Also in this episode: Israel prepares to open talks with the Trump administration on a new 10-year security agreement as it looks to reduce its dependence on US military aid. Reports suggest Washington may link security guarantees for Ukraine to a peace deal involving the Donbas region, a territory central to Vladimir Putin’s war narrative — as Ukraine faces a severe winter energy crisis. And Spain’s economy shows unexpected strength, with unemployment at an 18-year low, driven by labour market reforms and a sharply more open approach to immigration, including plans to legalise hundreds of thousands of undocumented workers.

Global Politics with Leo brings you the most important international news stories with clear explanations and evidence-based analysis. Episodes break down geopolitics, conflicts, power struggles and global affairs — without the noise.

You can email me at leoexplains10@gmail.com

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You might know me from my educational content on social media and Substack as Leo Explains / LeoExplains10.

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