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EUROPEAN UPDATE
This morning’s briefing highlights key developments impacting the European Union’s economic landscape.
Stakeholders are urged to prepare for impending changes.
Iran has warned of a ‘heavy price’ following Israeli strikes on its nuclear and power sites. Iranian Foreign Minister Abbas Araqchi stated that the attacks contradict diplomatic efforts and threatened retaliation. The situation remains tense as Iran considers its next steps.
Pro-Iranian hackers posted personal photos of FBI director Kash Patel online after claiming to have hacked his account.
The United States and Fiji had talks to strengthen military ties, US Defense Secretary Lloyd…
US President-elect Donald Trump announced on Friday that he is nominating Scott Bessent to serve…
Scott Bessent, founder and chief executive officer of Key Square Group LP, during an…
Matt Gaetz, Donald Trump’s initial pick for attorney general ahead of his White House return, has withdrawn from consideration for the post. Trump’s decision to choose Gaetz shocked Washington and the country.
Gaetz had faced significant scrutiny over a previous federal investigation into sex trafficking allegations involving a 17-year-old girl that cast doubt over his ability to be confirmed as the country’s top legal official.
He has also been under scrutiny by the House Ethics Committee over wider allegations including sexual misconduct, illicit drug use and accepting improper gifts.
The top newspapers in the United States all lead with the news of Gaetz’s withdrawal.
The ICC has issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu, and his former defence minister, Yoav Gallant. The ICC says both men – alongside a Hamas leader who was killed in July – bore “criminal responsibility” for crimes during the war between Israel and Hamas. The court accuses Israel of using starvation as a war tactic and for intentionally targeting civilians.
“Whatever the ICC might imply, there is no equivalence – none – between Israel and Hamas,” Biden said in a statement, external. “We will always stand with Israel against threats to its security.”
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