Latest News
- Zelenskyy sacks Ukraine’s military chief amid mounting public protests
- Cycling advocates call for improved safety measures after Halifax cyclist’s death
- Hegseth and Caine to testify before Senate panel amid Iran war escalation
- British woman jailed in Dubai for £19,000 unpaid rent shares cell with murderers
- European Commission to fine Google under Digital Markets Act for €1 billion
- Trump threatens retaliation as US conducts new strikes against Iran
- Iran conflict prompts economists to examine broader economic indicators beyond stock markets
- Administration advises Calgary to increase funding for Werklund Centre upgrade
EU
The European Commission is poised to announce a substantial fine against Google, potentially exceeding one billion euros, under the Digital Markets Act (DMA). This decision follows investigations into allegations of market power abuse, including the promotion of its own services and restrictions on app developers outside its platform.
Montenegro’s EU accession process could establish a significant precedent for financing future enlargements, with the European Commission proposing a financial package of €3.2 billion. This amount underscores complex budget discussions as member states debate the implications for the EU’s long-term budget negotiations.
UK Prime Minister Andy Burnham has pledged political stability and support for Ukraine in his inaugural speech outside Downing Street, emphasising a plan to tackle the cost-of-living crisis. He aims for national renewal, with an immediate focus on ending rough sleeping across the country.
EU ENERGY FOCUS
Today, European leaders meet to discuss energy prices and regulations.
Key decisions expected to shape future policies.
EUROPE MORNING BRIEFING
The European Union’s energy community initiative faces significant obstacles this morning, with barriers dampening citizen participation and project implementation. Immediate action is required to address legal and technical challenges hindering progress.
EUROPE MORNING BRIEFING
Hungarian Prime Minister Viktor Orbán has urged the European Union to suspend sanctions on Russian energy imports due to rising energy prices this morning. Oil prices have surpassed $100 per barrel, intensifying consumer price concerns.
EUROPE MORNING BRIEFING
NATO forces intercepted another Iranian missile targeting Türkiye this morning, amid escalating tensions in the Middle East. The Turkish government has formally rebuked Iran following these incidents.
EUROPE MORNING BRIEFING
Ministers are meeting in Brussels this morning to discuss measures to curb energy prices and inflation.
Germany supports considering the release of oil reserves but emphasises that now is not the right time to proceed.
EUREPE MORNING BRIEFING
This morning, the president of the Eurogroup expressed concerns regarding the EU’s stability. Oil prices have risen above $100 amid ongoing disruptions in energy markets due to the Iran war.
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