Latest News
- Poll shows Latino voters increasingly disillusioned with Trump and Democrats ahead of midterms
- Police incident at Manchester Airport closes Terminal 2 and causes traffic delays
- China carries out execution of man convicted of poisoning gaming tycoon Lin Qi
- EU lawmakers oppose new Commission rule limiting data centre environmental ratings
- EU to prevent new member states from acquiring veto rights amid enlargement push
- US launches new strikes on Iran, targeting missile sites and naval forces
- Taiwan’s economy grows significantly due to AI, but benefits are unevenly shared
- Biden files lawsuit against Justice Department to halt release of audio files
EU
EU lawmakers are contesting a European Commission rule regarding data centre ratings, arguing it would limit public access to information on the environmental performance of individual facilities. This dispute highlights concerns about transparency in the sector’s impact on sustainability.
EU FOCUS
This morning, European Union leaders address energy strategies and economic challenges as tensions rise over recent geopolitical developments.
Member states seek coordinated responses to enhance stability and resilience.
Investment in digital infrastructure is critical for economic growth, yet developing economies lag behind in this area. The Asian Infrastructure Investment Bank highlights a pressing digital divide, where fundamental connectivity remains underfunded, impeding AI readiness and exacerbating inequities in access and opportunities.
EU MONITORING
EU ministers to address increasing border checks this morning.
Concerns raised over impacts on Schengen free movement.
Negotiations on the EU-US trade deal remain stalled, as the European Commission reported “progress” after late-night talks with MEPs and member state officials. Despite this, divisions persist over tariff safeguards, with further discussions scheduled for 19 May amid renewed US tariff threats.
Rumen Radev has been appointed Bulgaria’s new prime minister following last month’s parliamentary elections, where he won decisively. Radev, who aims to combat corruption and re-engage with Russia, faces pressing challenges, including budget drafting and judicial reforms, to secure nearly €400 million in EU funds.
US President Donald Trump has set a 4 July deadline for the European Union to implement its trade deal, warning of “much higher tariffs” if not met. This ultimatum follows a phone call with European Commission President Ursula von der Leyen, amid ongoing negotiations and rising tensions over trade commitments.
EU Climate Commissioner Wopke Hoekstra has stated that the European Union must accelerate its shift to alternative energy sources amid escalating energy crises. He emphasised the need for increased electrification, renewables, and interconnectors to reduce dependence on external energy supplies and prepare for future geopolitical challenges.
Trade relations between the US and China have deteriorated as Beijing criticises the EU’s strategy to reduce dependence on Chinese goods, services, and resources. This escalation highlights ongoing tensions between the economic superpowers regarding supply chain security and market access.
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