Author: staff

Published on 23/06/2025 – 11:30 GMT+2Russian drone and missile attacks on Ukraine overnight killed at least 10 people, with seven deaths reported in the capital Kyiv, local officials said on Monday. Ukraine’s air force said Russia fired 352 drones and decoys overnight, as well as 11 ballistic missiles and five cruise missiles. The air force said it intercepted or jammed 339 drones and 15 missiles before they could reach their targets. Drones and missiles hit residential areas, hospitals and sports infrastructure in several districts across Kyiv in the early hours of Monday, emergency services said. The most severe damage was in…

Read More

Published on 23/06/2025 – 11:05 GMT+2The Asian Infrastructure Investment Bank (AIIB) celebrates its 10th birthday this week. Established to boost development across Asia, the Bank has financed more than 300 projects in 38 countries over the past decade, investing over $60 billion.We take a look at what the world’s second-largest multilateral lender has achieved, what lies ahead, and what to expect as the bank meets in Beijing.A Decade of ImpactSince launching operations in 2016, the AIIB has grown to 110 members, including major European economies such as France, Germany, Italy and the UK. Together, its members represent four out of…

Read More

“We’re having a lot of meetings and different topics with all the stakeholders, including, obviously the pharma industry, but other stakeholders as well, from health insurance funds to patient organizations,” Sokol said, adding that he has “no doubts” that the incoming Danish presidency will act within the Council’s mandate. “Fearing that there will be some kind of a very one-sided or imbalanced solution … is not realistic,” he added. The final text will result from “many, many compromises” reached between different political groups and EU countries. However, Denmark, during the closed-door negotiations, can lean toward either the Commission’s proposal —…

Read More

The French government is working on plans to find €40 billion in savings for next year’s budget to rein in a deficit projected to hit 5.6 percent of gross domestic product this year. Most agencies have already slapped France’s credit rating with a negative outlook due to its public finances and the political instability crippling the country, which has worsened since President Emmanuel Macron’s decision to call snap elections last summer, leading to a hung parliament. Scope Ratings analyst Thomas Gillet said the conclave’s outcome will be “a good way to assess the feasibility of structural reforms, which are obviously…

Read More

Was Deutschlands neue Rolle im Welthandel bedeutet – verständlich, relevant, auf den Punkt. Von LAURA HÜLSEMANN Mit ROMANUS OTTE und TOM SCHMIDTGEN Im Browser anzeigen. TOP-THEMEN — EU-Gipfel, Kabinett, Haushaltswoche, Mindestlohnkommission, Nato-Gipfel — wir zeigen den Fahrplan durch die industriepolitische Woche. — Nach dem Kriegseingriff der USA im Iran steht die Straße von Hormus im Fokus. — Reiche bekommt grünes Licht aus Brüssel für den Industriestrompreis. Hinter der Entscheidung könnte ein Deal mit Frankreich stehen.  Willkommen bei Industrie und Handel – zum Start einer politisch entscheidenden Woche. Senden Sie Tipps und Feedback an [email protected], [email protected], [email protected], [email protected] und [email protected]. Oder…

Read More

Die USA greifen Irans Atomanlagen an – und Europa? Wird weder gefragt noch gehört. In dieser sicherheitspolitischen Analyse vor dem NATO-Gipfel erklärt Gordon Repinski, warum Deutschland und die EU im Nahen Osten nur noch Zaungäste sind – und was das für die transatlantische Ordnung bedeutet.Im 200-Sekunden-Interview warnt Sicherheitsexpertin Claudia Major (German Marshall Fund): Militärische Macht entscheidet über Relevanz – und Europa fehlen dafür Mittel und Mentalität. Der Gipfel in Den Haag? Vor allem eine Bühne, um Donald Trump außenpolitisch ins Spiel zu bringen.Vor Ort in Tel Aviv berichtet Paul Ronzheimer über die Folgen der amerikanischen Schläge: Verletzte, Ausnahmezustand – und…

Read More

Yes, indeed, financing would be a challenge, but we have number of options and alternatives on the table. We can rely on currently available sources of financing for the energy transition, such as the Modernisation Fund, Recovery and Resilience Facility, and resources provided under the current Multiannual Financial Framework. Investments in the energy sector require long-term planning and a stable outlook, while most of the aforementioned funds are set to expire in the coming years. What we need is to ensure continuation of these funds to enable us to meet the 2035 targets. For example, only recently we signed 25-year…

Read More

Belt and Road beneficiary Turkey, received a $150 million loan from AIIB last year to support a major highway, while Kazakhstan — where Xi first launched BRI in 2013 — received a $47 million loan for a major wind farm in 2019. Belt and Road beneficiary Turkey, received a $150 million loan from AIIB last year to support a major highway. | Erdem Sahin/EPA “China, although precluded from using the AIIB directly as a tool to fulfill its ambitious BRI agenda, is using the bank as leverage in pushing forward the BRI,” writes Yu Hong, a senior research fellow at…

Read More