EU

The European Union is seeking an additional €70 billion for Ukraine in 2024, following a direct appeal from President Volodymyr Zelenskyy, who highlighted the financial impact of Russia’s intensified military actions. EU leaders have tasked the European Commission with identifying ways to bridge the funding gap.

Nvidia CEO Jensen Huang warned that Germany is lagging in the artificial intelligence race, urging faster implementation of AI by policymakers. At the upcoming Invest in Germany summit, Chancellor Friedrich Merz will announce a joint AI pact and significant funding to enhance Germany’s technological competitiveness.

Jailed Russian opposition leader Alexei Navalny, currently serving a 19-year prison sentence, has been transferred to a penal colony north of the Arctic Circle. The IK-3 penal colony, located in Kharp in the Yamalo-Nenets region about 1,900 km (1200 miles) northeast of Moscow, is considered to be one of the toughest prisons in Russia. Penal colonies are descendants of Soviet-era Gulags, the notorious Stalin-era labour camps where thousands of Russians lost their lives.

Tributes from across Europe poured in for Jacques Delors, a former EU Commission chief who played an instrumental role in European integration, following his death on Wednesday (December 27) at 98.

From our sponsors
Advertisement
Advertisement