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Europe
Andy Burnham, a veteran politician, has garnered support from 322 Labour MPs in his bid to succeed Keir Starmer as Labour leader. With nominations closing on 16 July, Burnham stands poised to become the sole candidate, potentially taking office on 20 July following a special conference.
Jamie Shea, former NATO security adviser, articulates a shift towards NATO 3.0, emphasising it will predominantly be “a European show” rather than an American-led initiative. He notes the US is expected to play a reduced role in collective defence, diverging from its historical influence during the Cold War.
More than 6,500 participants began a peace march in Bosnia and Herzegovina on 8 July, commemorating the victims of the 1995 Srebrenica genocide. Over three days, walkers will cover 100 kilometres, visiting significant sites of the tragedy before arriving in Potocari for the memorial on 10 July.
Merz’s CDU and its Bavarian sister party the Christian Social Union (CSU) have struck a coalition deal with the SPD to form a new government. The coalition agreement came after the CDU came in first place in snap German elections in February.
Despite opening well this Friday morning, the three main stock indexes in Europe are now down after China announced that it will retaliate further to US tariffs – after the Trump administration confirmed the tariff on China is now 145%.
Europe faces foot and mouth outbreak as Estonia and Czech Republic scramble to implement measures against foot-and-mouth disease as concerns for a major European breakout grow as at least four countries within the EU are on the watchlist.
The King’s state visit to Italy is a significant display of the UK’s soft power amidst heightened global tensions, symbolised by a grand arrival, including fighter jets.
The King and Queen have arrived in Rome for their state visit to Italy, coinciding with their twentieth wedding anniversary and amid concerns about the monarch’s health.
Trading has just restarted in Europe and all the main stock markets are showing a slight rebound from the previous falls.
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