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- German rescuers transport stranded humpback whale to deeper waters
- Russia deepens ties with Iran as foreign minister praises strategic partnership
- US President Confirms Iran’s Request to Lift Blockade
- European Parliament demands 10% hike in EU long-term budget plan
- US Rejects Iran’s Proposal to Reopen Strait of Hormuz Amid Nuclear Concerns
- Bosnia Signs Pipeline Deal with US-Linked Investors to Cut Russian Gas Dependence
- Iran talks stall as global alliances come under pressure
- Britain’s day of royal diplomacy, Mandelson pressure and rent politics
EU
The European Parliament has adopted its stance on the EU long-term budget, advocating for a 10% increase and the implementation of EU-level taxes. Members of the European Parliament are prepared for rigorous negotiations as discussions regarding the budget for the 2028-2034 cycle progress.
Relations between Hungary and its neighbours deteriorated ahead of the 12 April election, which saw newcomer Magyar defeat long-standing nationalist leader Viktor Orbán. This political shift marks a significant change in Hungary’s approach to regional relations and governance.
The European Commission is shifting towards a firmer stance on China, spurred by China’s threat of retaliation against the EU’s Made in Europe legislation. On 29 May, EU Commissioners will debate a new strategy amid rising pressures from industry and economic threats perceived from Beijing, signalling potential changes in trade policy.
In a new edition of The Ring, aired from the European Parliament in Brussels, MEPs Lena Düpont (EPP) and Juan Fernando López Aguilar (S&D) discuss the potential impact of return hubs on accelerating the repatriation of irregular migrants.
Disinformation researchers warn that Hungary’s ruling party, Fidesz, is circumventing a ban on political advertisements across Meta platforms ahead of the 12 April elections. Despite a significant decrease in such ads since the ban, illicit political messaging continues to proliferate, raising concerns about election integrity.
European gas prices fell sharply by approximately 20% following a ceasefire agreement involving the United States, Israel, and Iran. This development has raised expectations for lower energy costs, although delayed savings for consumers may persist due to existing fixed tariff contracts and requisite market adjustments.
EU MORNING BRIEFING
This morning, the European Union addresses key economic and security challenges.
Key discussions centre on cooperation and regulatory frameworks.
The United States and Iran have reached a two-week ceasefire agreement, announced shortly before a military escalation deadline set by President Trump. The accord includes reopening the Strait of Hormuz, allowing tolls on transiting vessels, with further negotiations expected in Pakistan on Friday.
The European Union has urged US President Donald Trump to avoid bombing civilian infrastructure in Iran, warning it could be classified as a war crime. The EU emphasised the need for “maximum restraint” and diplomacy to achieve a peaceful resolution amid rising tensions related to the Strait of Hormuz.
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