Author: staff

“The question of provisional application was raised by several leaders tonight,” von der Leyen said, adding it was important to push forward the trade pact’s “benefits” as soon as possible. More than 20 ministers from Italy and Germany are meeting today at Rome’s opulent Villa Doria Pamphilj to discuss closer cooperation in areas including security and defense and resilience. Meloni and Merz will also call for “the finalization of agreements with important partners in the Indo-Pacific,” just as EU and India could sign a trade deal next week. In what sounded like a reference to tariff threats by U.S. President…

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And yet, in sharp contrast to the gathering’s past as a neutral space for global cooperation, the WEF became a battleground. Leaders like Trump and French President Emmanuel Macron took shots at each other; high-powered political dinners reportedly descended into heckling and walkouts; and Canadian Prime Minister Mark Carney called time of death on the rules-based order. The mountain comes down to earth “This is the largest gathering of global leadership of the post-COVID era,” Larry Fink, CEO of global asset management giant BlackRock, told the assembled delegates at the launch of the event. “But now for the harder question:…

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“Technical obstacles have so far prevented us from realizing Stock Connect’s full potential,” Alder said in a speech in May last year.    He pointed to the Memorandum of Understanding being developed between the FCA and China’s National Financial Regulatory Administration as “critical to provide the mechanisms needed to share information swiftly, supervise firms effectively across borders, and promote market openness,” with “fast and efficient exchange of data [being] vital to manage the risks.”  “The goods wins are easier,” said the senior business representative. “Some of the service ones are more difficult. The issues that financial services firms have in China [are] around access…

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Greenlandic politician and co-founder of the territory’s liberal Cooperation Party, Tillie Martinussen, has thanked European countries for standing behind the island as it faced down takeover threats from US President Donald Trump. “I have to say the Greenlandic people are so grateful to all our European allies as well as Canada. They have really stepped up in this question here and we have seen them learning from past mistakes. And I think that’s wonderful. We’re very, very happy with the European Union as it is right now and Europe as a whole,” she said in an exclusive interview with Euronews…

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Klingbeil, who also acts as Germany’s finance minister, in particular voiced frustration over the European Commission’s handling of the Greenland crisis over the course of the past week, suggesting the Commission was not acting with enough urgency. “When I returned from Brussels on Monday, I was extremely frustrated because I had held talks with the Commission where I was given the impression that everything was great, everything was on the right track, and I don’t think that is appropriate given the situation we are in,” Klingbeil said. Klingbeil said that his frustration with the EU’s pace prompted him to reach…

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Published on 23/01/2026 – 19:23 GMT+1 The Russian Defence Ministry released a video on Friday showing two long-range Tu-22M3 bomber aircraft performing what was described as a “planned flight” in the airspace over neutral waters in the Baltic Sea. “Escort was provided by crews of Su-35 and Su-30 fighter aircraft of the Aerospace Forces. The flight duration was about five hours. At certain stages of the route, long-range bombers were accompanied by fighter jets from foreign countries”, said the defence ministry in a statement. Moscow stressed that all flights of aircraft of Russia’s Air Forces are carried out in strict…

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Seeking a diplomatic way out, Rome and Berlin both turned to their constitutions. “We are ready. But of course there are objective problems with the way the initiative is structured,” Meloni said in Rome on Friday during a joint press conference with Merz. “I have also spoken to the American president about this. Perhaps we can try to resolve these issues,” she added. Meloni argued that Trump’s peace board would contravene a provision of the Italian constitution that precludes the country from joining international bodies in which one entity — in this case the U.S. president — would have more…

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Europe must electrify “everything” in the coming years, Fatih Birol, Executive Director of the International Energy Agency (IEA), said during a Euronews panel at the World Economic Forum in Davos, sharing a vision of a continent powered by clean power rather than fossil fuels. “When we look at energy security in Europe, and Europe’s goals, such as reaching our climate goals, but also at the same time being affordable, I see one future for Europe,” Birol said. “Electrify everything, as much as you can, electrify everything. Transportation, industry and so on.” The IEA chief suggested a two-fold strategy to this…

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The summit focused on strengthening EU strategic autonomy, boosting industrial competitiveness – particularly the automotive sector – and deepening cooperation on defence, energy and migration. “We must build an authoritative, competitive Europe with its own strategic autonomy,” said Meloni at a press conference following morning talks at Villa Doria Pamphili, “Italy and Germany have a special responsibility in this phase of history: the EU must choose whether to be the protagonist of its destiny”. Following 75 years of diplomatic relations, “Italy and Germany are closer than ever before” Merz said, “We want to strengthen industrial competitiveness and enhance security”. The…

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