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The European Commission has proposed a new industrial strategy to cut down the bloc’s dependency on countries like China.

The founder and leader of Russia’s Wagner mercenary group, Yevgeny Prigozhin, has been touted as someone who could pose a political challenge to Russian President Vladimir Putin. Once a key battlefield ally, in recent days Prigozhin has publicly lamented losing his direct line to the Kremlin. Wagner fighters are not being supplied with enough ammunition to win the battle for Bakhmut despite his numerous appeals, in what may be a sign of a struggle for influence in Moscow – and, notably, at Russia’s ministry of defence.

The small country, which borders Ukraine, is struggling with really high inflation and “hybrid warfare” carried out by pro-Russia agents.

The Pentagon released a declassified video on Thursday of the moment a Russian jet collided with a US drone, forcing it to crash into the Black Sea. Earlier in the day, German Chancellor Olaf Scholz said it was crucial to provide Ukraine with fresh munitions to resist Russia’s invasion. Read our live blog for all the latest developments in the war in Ukraine. All times are Paris time (GMT+1).

Swiss bank Credit Suisse said Thursday it will move to shore up its finances, borrowing up to $54 billion from the central bank after its shares plunged, dragging down other major European lenders in the wake of bank failures in the United States.

There was no historic comeback for Liverpool. Real Madrid’s title defense in the Champions League rolls into the quarterfinals.

The reform proposed by the European Commission has a strong focus on long-term electricity contracts.

The Commission wants to cut red tape for clean tech companies, facilitate investments, and boost the mining and processing of critical raw materials.

Conspicuous by its absence at the coronation of Britain’s King Charles III on May 6 will be the Koh-i-Noor diamond. In this edition of Coronation Countdown, FRANCE 24’s International Affairs Editor Philip Turle explains why the decision has been made not to use a crown featuring the diamond – a choice taken for the sake of international relations.

Crowds were gathering at Paris’s Esplanade des Invalides on Wednesday for the eighth day of strikes against the French government’s plans for pension reform. FRANCE 24’s Liza Kaminov reports.