The pushback comes after the Commission announced earlier on Wednesday that it is exploring a new EU-U.S. “dialogue” on digital rules, as Washington piles on the pressure over how Brussels enforces its laws on American tech giants. “We are discussing with the U.S. to set up a dialogue to reinforce our cooperation on digital technologies […]
Continue ReadingTrump is furious with European countries for not fully joining the war against Iran, which started Feb. 28 with U.S. and Israel conducting bombing raids across the Persian nation. European countries have also been largely unwilling to intervene militarily in the Strait of Hormuz, a key global trade chokepoint that Iran has blocked in response […]
Continue ReadingAfter reaching their lowest point since Oct. 2024 before the invasion, yields on 10-year U.K. government bonds have now soared to their highest since the 2008 financial crisis. Deutsche Bank has estimated that the increase has already stripped between £7 billion and £10 billion from the chancellor’s £23.6 billion fiscal headroom. “The costs of borrowing […]
Continue ReadingLONDON — Britain will host a meeting of 35 nations in a bid to ease the Strait of Hormuz crisis “later this week,” British Prime Minister Keir Starmer said Wednesday. Speaking in Downing Street, Starmer said Foreign Secretary Yvette Cooper will bring together the nations behind last month’s joint statement urging safe passage through the […]
Continue ReadingThe Commission’s thinking is that by allowing spare permits to remain in the system if carbon pricing spikes too high in the years to come, it will balance them — a welcome change for Italy, Poland, Austria, and other allies who led calls for reexamining the ETS in light of the energy crisis wrought by […]
Continue Reading“I was never swayed by NATO. I always knew they were a paper tiger, and Putin knows that too, by the way,” Trump added. His remarks were published hours after U.S. Secretary of State Marco Rubio said Washington may need to reconsider its relationship with NATO once the war against Iran is over, sharply escalating […]
Continue ReadingEuropean countries are stiffening their resistance to U.S. requests for help against Iran despite President Donald Trump’s growing fury against Washington’s historic allies. Spain has emerged as a key point of tension in the transatlantic rift. Madrid has barred U.S. military aircraft involved in the Middle East conflict from using its airspace and refused access […]
Continue ReadingPresident Donald Trump on Tuesday said he expects U.S. forces to withdraw from Iran in “two or three weeks,” signaling a potential end to the month-old military campaign amid skyrocketing energy prices. The comments came during an executive order signing at the White House, in response to a question about the rising cost of gas. […]
Continue ReadingThe Islamic Revolutionary Guard Corps threatened Tuesday to target American tech and defense companies operating in the Middle East if the U.S. and Israel continue to target Iranian leadership. In a statement released by the government-backed Tasnim News Agency, the IRGC said retaliatory attacks could begin as early as Wednesday evening and advised employees and residents […]
Continue ReadingAfter endorsing the U.S.-Israeli strikes on Iran in the first days of the war, Le Pen last week criticized U.S. President Donald Trump over his “erratic war goals” and said Washington’s “mistake” in attacking Iran has destabilized energy markets, in an interview with France Inter radio. Although Trump had initially reached out to Le Pen […]
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