- Euro area annual inflation down to 1.7% – Euro indicators Economic Pulse
- Fleur Bakker Expands ‘A Beautiful Mess’ Initiative for Refugees in Netherlands
- EU Proposes Revisiting ‘Most Favoured Nation’ Tariff Rule Amid China Deficit
- Andrew Mountbatten-Windsor Arrested for Misconduct: Public Reaction Explodes
- German Chancellor Friedrich Merz to visit China next week with delegation
- Rio Ferdinand reveals Michael Carrick was convinced Man Utd star would win Ballon d’Or
- Tourist Holds Baby Over 260ft Waterfall for Risky Holiday Photo in Argentina
- Hungary to Block Financial Aid for Ukraine Until Russian Oil Transit Resumes
EU
The European Commission, led by Commissioner Maroš Šefčovič, aims to revisit the WTO’s “Most Favoured Nation” principle due to the widening EU trade deficit with China, seeking to ensure equal market access amid persistent barriers faced by European firms in China.
Hungarian Foreign Minister Péter Szijjártó has accused Ukraine of sabotage, stating that Hungary will block financial assistance for Kyiv until the transit of Russian oil resumes. This development is significant ahead of Hungary’s upcoming election.
The US Supreme Court ruling raises concerns about the EU-US trade deal established last summer, impacting past tariffs and future investment pledges, according to the European Commission, which is currently reviewing the ruling.
Lawmakers at the European Parliament are struggling to agree on the design of the digital euro, jeopardising its legislative path. Rapporteur Fernando Navarrete proposed an offline “e-cash” model, while some factions back user accounts on the ECB ledger. S&D’s Nikos Papandreou emphasised the need for payment sovereignty amid geopolitical change.
Paraguay’s President Santiago Peña urged the European Union to implement the recently signed free trade agreement with Mercosur without delay, warning that stalling it amid rising geopolitical tensions would be a strategic mistake.
Mathias Cormann, Secretary-General of the Organisation for Economic Co-operation and Development, urged European leaders to heed Mario Draghi’s call for radical EU reforms amid challenges from global tariffs, as the bloc prepares for a crucial informal meeting next week in Belgium.
Poland’s Foreign Minister Radosław Sikorski accused Elon Musk’s SpaceX of “making money on war crimes,” citing allegations of Russian forces using Starlink for drone operations in Ukraine. This follows evidence suggesting a significant increase in Russian drone attacks enabled by the technology.
Italy’s Interior Minister Matteo Piantedosi confirmed that U.S. Immigration and Customs Enforcement (ICE) agents will support the Olympic delegation during the Winter Olympics in Milan. This matters now due to controversy surrounding ICE’s recent actions in the U.S.
Former Italian PM Mario Draghi warns that the current world order is “dead,” urging Europe…
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