It’s one of several “levers” Bessent said the administration has at its disposal, as Iranian attacks cripple the Strait of Hormuz, a critical waterway that carries roughly 20 percent of the world’s oil supply. The administration could also make more oil from the Strategic Petroleum Reserve available, Bessent added. The administration already started making 172 […]
Continue Reading“We should rejoin the customs union this parliament … we should rejoin the single market. We should try and do this during this parliament,” he told the newspaper. “And then we should, as a Labour Party, fight the next general election with a clear manifesto commitment, a vote for Labour means we would rejoin the […]
Continue ReadingThe text was drawn up by MPs from the ruling coalition as a preliminary working draft, rather than by the government as an official bill. Czech Minister of Justice Jeroným Tejc told POLITICO that the leaked version “was not prepared by anyone from the Ministry of Justice, and personally I do not consider it suitable […]
Continue ReadingAccording to one of the diplomats, European Council President António Costa blasted Orbán’s behavior as “unacceptable” and a breach of the terms of cooperation that underpin the EU. Costa pointed out that no leader has ever violated “this red line before.” A second diplomat said the level of frustration with Orbán was unprecedented, but— with […]
Continue ReadingOne fear driving the shift to use homegrown tech is that of a “kill switch”; the idea that U.S. President Donald Trump could force the hand of American tech providers to cease services in Europe. Those fears peaked when the International Criminal Court’s Chief Prosecutor Karim Khan lost access last year to his Microsoft-hosted email […]
Continue ReadingA German official told reporters: “Germany and France have agreed to a final attempt at mediation between the industries, to be conducted by experts. Due to the upcoming decisions on the federal budget, a result must be reached by mid-April.” FCAS, which also includes Spain, is intended to replace Germany’s Eurofighter and France’s Rafale jets […]
Continue ReadingNegotiations on prisoner swaps would also continue, Peskov said. He did not provide a reason for why the peace negotiations, which U.S. President Donald Trump launched soon after he entered the White House, have hit a roadblock. The last time the three parties met was in February in Geneva. A new round of talks scheduled […]
Continue ReadingSlovenia goes to the polls Sunday in an election pitting the liberal Golob against right-wing populist Janez Janša, who currently has a narrow lead according to POLITICO’s Poll of Polls. Leaked audio and video recordings, published earlier this month and apparently designed to tie Golob’s government to corruption, showed prominent Slovenian figures apparently discussing illegal […]
Continue ReadingPresident Donald Trump said Wednesday that the U.S. had no advance knowledge of an Israeli strike on a major Iranian natural gas field that prompted Iran to retaliate against neighboring Qatar and sent oil prices soaring. Even as he distanced the U.S. from the strike on the South Pars gas field, Trump vowed to “massively […]
Continue ReadingWhile the bloc has so far shied away from a major confrontation with Hungary — it hasn’t stripped Budapest’s voting rights, for example — this cautious calculus may well change after the election. At that point, fears of feeding into Orbán’s campaign narrative will be displaced by the need to dissuade other leaders from copying […]
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