Author: staff
The choices will also be influenced by horse trading over what will likely be a package deal with the opportunity to fill the two executive board seats that will be vacant in January and May. Softly spoken de Cos An economist with a Ph.D. from the University of Madrid, de Cos joined the Bank of Spain in 1997, moved to Frankfurt in 2004 to be an adviser to the ECB’s executive board, before returning to the Spanish central bank. He rose through the ranks to become governor, serving from 2018 to 2024. In this role he restored the Bank of…
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Báñez served in center-right Prime Minister Mariano Rajoy’s government from 2011 to 2018 and played a central role in Spain’s response to the eurozone crisis. During that period, she developed a warm personal relationship with Ursula von der Leyen, now European Commission president, who was then her counterpart in Germany’s labor ministry. As employment minister, Báñez oversaw the conservative government’s controversial 2012 labor-market reform, which made it easier for companies to dismiss workers and drew fierce opposition from trade unions. The administration argued the changes would make hiring more flexible and accelerate the country’s economic recovery. Speaking from the crash…
Published on 29 October 2026 – 17:13 GMT+1 Benjamin Netanyahu and his Likud party are alleging election interference and fraud after Israel’s election results left his bloc short of a parliamentary majority. The final count, expected on Thursday evening, is set to confirm that Netanyahu’s bloc has fallen short of the 61 seats needed for a majority. With around 90% of votes counted, Netanyahu’s bloc was projected to win 53 seats, the opposition led by Gadi Eisenkot 48, and Arab-led parties 19. The result represents major gains for the Arab-led parties, potentially giving them a decisive role in determining whether…
Christine Lagarde is leaving the European Central Bank (ECB) early because she no longer wants to stay silent. The ECB president, who will step down on 7 February 2027, around nine months before her term ends, said on Thursday that the neutrality expected of central bankers, which she described as “the price of their independence,” was no longer something she could accept. “I don’t think that I can remain neutral,” she told reporters in Frankfurt. “I’m interested in the truth, and I see the truth being very often damaged, contradicted by misrepresentation,” she added. It was not the only surprise…
No sooner had von der Leyen finished speaking than German Chancellor Friedrich Merz issued a statement saying that the EU and Canada were establishing an “Alliance for the Future” — without mentioning the associate member status. Germany has led the opposition to using the term, according to EU diplomats. The Commission president said in her speech that talks about associate membership would focus on deeper cooperation across AI, climate and energy policy, as well as bolstering shared work between the European Commission and the Canadian government as well as “Parliament to Parliament” and “Court to Court,” a reference to the…
The movement that emerged from two years of student protests won the elections without a conventional party structure, without a clearly identifiable leader and, for much of the campaign, without revealing who would actually run the country if it won. That ambiguity was one of its greatest political strengths. Now, however, the same ambiguity may become a problem. One of the things that the region, Brussels, Moscow and China will be watching is how the new government positions itself. But there are already fairly clear signals from the leaders of the Students’ List. Russia: No sanctions, but what comes next?…
Mistral has released the weights for its latest large flagship AI model, Mistral Large 4 (ML4), nicknamed “Le Chonk”, claiming improvements in coding and cyber defence as Europe seeks to build alternatives to US and Chinese technology. The French firm claims the model is “the best open agentic coding model in the world”, offering enterprises and governments “frontier AI cyber defence capabilities they can fully own and control” including the ability to “detect, analyse and respond to cyberthreats across code and IT infrastructure”. The release follows a preview of ML4 on 6 October. Since then, Mistral has spent the last…
As you read these words, several hopefuls are waiting for the big announcement, having screen tested to become the next James Bond. The shortlist has been revealed and we’re days / weeks away from finding out which actor will succeed Daniel Craig in the iconic role. Will it be Jack Lowden, Callum Turner, Josh O’Connor, or some unknown actor that will surprise everyone? One thing is for sure: there can only be one. The rest will be ejected from the Aston Martin and their names added to a long list of would-be Bonds. These are the performers who were considered,…
The EU’s supercomputing network is run by the EuroHPC Joint Undertaking, an EU public-private vehicle with an €8.2 billion budget. The network consists of 14 supercomputers (some ranked in the global top 10), 19 AI-focused AI factories and 10 quantum computers. The vehicle will also run seven massive AI data center hubs, known as AI gigafactories, set to be built next year with a total investment cost of €30 billion. Experts praised a possible EU-Canadian compute power team-up, but warned it’s only the start. “Compute cooperation is one of the most obvious short-term ‘middle power’ cooperation plays in AI,” said…