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- European Parliament estimates digital levy could raise €25bn annually
- EU plans to use Google fines to reduce member states’ budget contributions.
- Russia intensifies attacks on Kyiv, targeting Academy of Sciences
- Five men arrested near RAF Fairford released on bail amid investigation
- Satellite images reveal extensive destruction across Gaza three years into conflict
- Officials condemn masked group demonstrating on B.C. First Nation land
- Trump and Johnson to meet AI executives at White House amid safety concerns
- Mountain collapses in Nepal landslide, leaving 19 dead and 10 missing
EU
The European Parliament’s proposed digital levy could generate up to €25.2 billion yearly, significantly exceeding the European Commission’s prior estimates. MEP Danuše Nerudová highlighted the broader tax base considered, which includes online gambling and digital services, amid ongoing negotiations for the EU’s long-term budget.
E.U. BRIEFING
This morning, Europe addresses various economic and environmental challenges, focusing on sustainability and regulatory developments.
Key discussions are expected on energy, defence, and digital policy.
European defence ministers convened in Brussels to bolster support for Ukraine amid ongoing Russian aggression, which is impacting the region. Discussions will focus on enhancing the EU’s emergency protocols against hybrid threats and addressing financial aid needs for Ukraine’s military, as President Zelenskyy seeks €23.5 billion.
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…
Former Italian Prime Minister and President of the European Central Bank Mario Draghi stated that Europe must transform into a “genuine federation” to avoid becoming subordinated and deindustrialised, as he warned against rising US tariffs and China’s market control.
The European Union’s proposal for the EU-INC aims to create a single company structure to enhance cross-border growth for startups, addressing fragmentation in company laws. The initiative has gained support from over 23,000 in the tech startup community.
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