- US economy shows signs of recovery as job growth exceeds expectations
- OpenAI CEO Sam Altman apologises for failure to report Canadian mass shooter
- Smart unveils smallest electric car model in the UK, set for 2024 launch
- Carlos Alcaraz withdraws from French Open due to wrist injury
- Ukraine marks 40th anniversary of Chernobyl disaster amid ongoing war
- US and EU sign agreement to coordinate critical minerals supply chain
- Spanish bullfighter Morante de la Puebla injured by bull during fight in Seville
- EU leaders seek stronger ties with Middle East partners amid Iran war
EU
The European Union and United States firmed their collaboration on critical minerals, signing a Memorandum of Understanding to enhance supply chain diversity and bolster national security. US Secretary of State Marco Rubio emphasised the importance of a broadening mineral base to mitigate risks associated with over-concentration in specific regions.
EU leaders have committed to enhancing security and economic ties with Middle East partners while advocating for a diplomatic resolution to the Iran war. Talks in Cyprus included discussions on rising energy prices due to the conflict and the potential formation of a multinational force to secure the Strait of Hormuz.
EU STRATEGY UPDATE
This morning, European Union leaders discuss mutual defence strategies amid growing geopolitical tensions.
Collaborative efforts are vital for regional stability.
European steel shipments to the US fell by 30% from June to December 2025, as announced by Eurofer Director General Axel Eggert. The decline highlights the impact of the US’s 50% tariffs on EU steel, creating urgent discussions regarding trade negotiations.
UN Special Rapporteur for the Palestinian territories Francesca Albanese stated she will not resign despite calls from France and Germany following her comments on Israel. Albanese asserts she has the full backing of the UN Human Rights Council and aims to redirect focus to her findings on state support for Israel.
US Energy Secretary Chris Wright stated the United States may withdraw from the International Energy Agency if it continues its pursuit of a net-zero emissions agenda by 2050, emphasizing the need for reforms focused on energy security amid current geopolitical challenges.
The European Commission has called an emergency Oil Coordination Group meeting following Hungary and Slovakia’s suspension of diesel supplies to Ukraine, intensifying tensions concerning the Russian Druzhba pipeline. This development is significant as it impacts energy security in the region.
The death of French far-right activist Quentin Deranque has prompted the Patriots for Europe group to request a minute of silence at the European Parliament’s next plenary session, following his fatal assault during protests in Lyon.
Homeownership rates are declining across Europe, with the Re/Max Europe annual European Housing Trend report revealing a 2% drop in the UK, France, Germany, Romania, and the Czech Republic. This shift reflects changing lifestyle preferences and financial barriers in today’s economy.
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