The release of the Mandelson files, war in the Middle East and a fresh cost-of-living crisis are all causing turmoil for the prime minister – but strangely, are they also doing him a favour? The fallout from the first details of Peter Mandelson’s departure from Washington have already exposed the cracks between Sir Keir Starmer […]
Continue ReadingUkrainian President Volodymyr Zelenskyy is urging Europe to find a way around Hungary. In an interview with POLITICO’s Gordon Repinski, Zelenskyy called on EU leaders to come up with a “Plan B” to secure Ukraine’s long-term funding — and to work around what he described as the “blackmail” of Hungarian Prime Minister Viktor Orbán, who […]
Continue ReadingAnd, Díaz added, Brussels should be pushing back hard against the “completely illegitimate” war in Iran, which the U.S. and Israel launched late last month, sparking turmoil in the Middle East as Tehran retaliated with missile and drone attacks across the region. Díaz took aim at European Commission President Ursula von der Leyen for not […]
Continue ReadingSpanish Prime Minister Pedro Sánchez on Wednesday unveiled a new government AI tool that will rank social media sites based on how much hate speech they host. “If hate is already dangerous, social networks have turned it into a weapon of mass polarization that ends up seeping into everyday life,” Sánchez said at an International […]
Continue ReadingAsian members — hit hardest thanks to their heavy exposure to the Persian Gulf — and the U.S. are also strongly supportive of tapping the reserves, according to two European officials familiar with the matter. French President Emmanuel has convened a virtual meeting of G7 leaders at 3 p.m., which is expected to address the release […]
Continue Reading“For Europe, diesel and jet fuel are likely to become major issues in the next couple of months,” Wright said. “There is simply no alternative route for much of that supply.” Major container carriers including Maersk, MSC, Hapag-Lloyd and CMA CGM have already halted transits through the strait, rerouting vessels or sending them to safe […]
Continue ReadingUkraine is running out of money to fight Russia — but Hungary still isn’t budging on its opposition to the EU’s €90 billion loan to Kyiv. On today’s episode, host Zoya Sheftalovich and Kathryn Carlson, senior finance reporter, outline some of the contingency plans European countries have up their sleeves to get Ukraine the funding […]
Continue ReadingIceland is a member of the European Economic Area and part of the Schengen free travel zone, so it already has many of the EU’s laws on its books. As a result, “it will not be so complicated for us” and “would be rather a quick process” to conclude negotiations to join the bloc, assuming […]
Continue ReadingUkraine has money until May Kyiv’s funding needs have eased after the International Monetary Fund approved an $8.1 billion loan late last month, disbursing $1.5 billion straight away. The country should have enough money to stay solvent until early May, four people familiar with Kyiv’s finances told POLITICO. Previous EU estimates had indicated Kyiv would […]
Continue ReadingThe ISW assessed that Moscow may now need to abandon or substantially revise its planned operations in Zaporizhzhia, Donetsk, or both. At the same time, Russia is still pressuring Ukraine elsewhere. Asked Tuesday about increased Russian activity near the Sumy border region in northeastern Ukraine, Zelenskyy told reporters via a WhatsApp chat that Moscow still […]
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