Author: staff

Apart from the Colombian tariffs threatened by US president Donald Trump, coffee prices have also been hit by poor harvests in Brazil which is one of the commodities main producers. US President Donald Trump’s threats to impose trade tariffs on Colombia have caused waves in the coffee market recently. Colombia is the world’s third-largest coffee producer, after Brazil and Vietnam. Arabica coffee futures have jumped 6.55% over the last week and 15.14% in the last month, trading at $3.69 (€3.56) per pound on Friday morning. Trump has recently threatened to slap a blanket 25% tariff on all Colombian imports amid escalating tensions…

Disney+ films will only have to wait nine months to appear on the platform, instead of the previous 17-month wait after theatrical release. After years of lobbying by Disney to change France’s inflexible rules on streaming distribution, the megacorporation has struck a new deal allowing them to broadcast their productions just nine months after their theatrical release. “L’exception culturelle” is the country’s policy when it comes to culture and making sure it stands apart from standard commercial products. As a result, cinema is protected from the free market and any films released in theatres must be given a window of…

In a document to be sent to European Commission President Ursula von der Leyen on Friday, and seen by POLITICO, France — supported by 10 other countries — warns: “Merging or attaching DG HERA to another Commission DG would not guarantee the current system of governance which guarantees independent decision making, respect for the competencies of member states, and a high degree of stakeholder involvement.” The countries are pushing to “preserve HERA’s current structure” — as an independent Directorate-General inside the European Commission — “which must not be dissolved.” Much like the U.S. Biomedical Advanced Research and Development Authority (BARDA),…

La plupart des missions budgétaires ont été adoptées sans accrocs et dans la version rédigée par les deux rapporteurs. Des coupes supplémentaires de 760 millions d’euros dans la mission cohésion des territoires, dont un rabot de 460 millions d’euros dans les aides à la rénovation énergétique, de 227 millions dans l’agriculture, et de plus de 70 millions pour l’action extérieure de l’Etat ont notamment été entérinées. En matière d’innovation, les parlementaires ont passé un léger coup de rabot (de près de 13 millions d’euros) sur le plan France Très haut débit, mais ont aussi accepté les petits coups de pouce…

The Italian Data Protection Authority has halted DeepSeek AI over concerns about its handling of Italians’ private data. Ireland and Belgium have also requested information from the Chinese company regarding the model’s use of European data. Italian Data Protection Authority Garante has halted processing of Italians’ personal data by DeepSeek because the agency is not satisfied with the Chinese AI model’s claims that it does not fall under purview of EU law.  “Contrary to the Authority’s findings, the companies stated that they do not operate in Italy and that European regulations do not apply to them,” Garante wrote in a…

After the roundabout remarks, Orbán emphasized that he does not support EU sanctions, claiming that Hungary’s economy has lost €19.5 billion over the past three years because of them as the West ostracizes Russian leader Vladimir Putin over his full-scale invasion of Ukraine. Orbán also once again threatened to veto the extension of the EU sanctions, claiming that Ukraine’s decision to cut off Russian gas supplies to its territory is “unacceptable.” But the populist-nationalist Hungarian leader has a history of performatively threatening to play his veto card when it comes to EU sanctions against Russia (member countries must agree on…

And people lost a ton of money, too: It seems that U.S. stocks dropped significantly after DeepSeek’s announcement (a concept Declassified fully understands and definitely did not need to Google), sending shockwaves through the markets (not the farmers’ market downtown, Declassfied is told. That one is still doing fine, thanks for the fact check, editors.) What this means for global economies and tech industries remains to be seen, though the most urgent question is: What about Europe? When will the EU get its own stock-plummeting AI toy? Maybe our leaders can help — sure, they are not exactly known for…

Five years after the United Kingdom exited the European Union, polls suggest public opinion has reversed on the issue, with a majority of people now believing it was a mistake. Five years ago on Friday, two separate crowds gathered near the UK Parliament: one group cheered and carried Union Jack flags, while the other was more sombre and bore European Union banners.On 31 January 2020 at 11 pm London time – midnight in Brussels, the EU headquarters – the UK officially left the bloc after almost five decades of membership that had brought free movement and free trade between Britain…

Diplomatic credentials? Optional. Deep pockets and loyalty to Trump? Essential. As Donald Trump rolls out his picks for U.S. ambassador posts in Europe — think fast-food executives, Broadway producers, billionaire donors and family insiders — one thing is clear: this isn’t traditional statecraft. Take Andrew Puzder, the former fast-food CEO and future U.S. ambassador to the EU (pending Senate confirmation). Like many of Trump’s nominees, he has no diplomatic experience but only strong political and business ties. Of course, Trump isn’t the first president to favor political appointees over career diplomats — Democrats do it too. But is this just…

While Donald Trump’s interest in Greenland provoked reactions from EU leaders, residents seem less worried, according to interviews conducted on the ground by Euronews. Many Greenlanders feel that the world around them is more worried about Greenland than they are, Euronews’ Shona Murray tells Radio Schuman today from Greenland’s capital Nuuk.Shona has been on the ground in Greenland gauging reaction to US President Donald Trump’s bid to acquire the territory for the US.Trump’s interest in Greenland has unsettled European leaders, despite their efforts to remain silent. Denmark’s Prime Minister, Mette Frederiksen, sought support from three European capitals and announced a…