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“We say that enough is enough, this is the limit. We are doing this to change Norwegian electricity policy and create a dynamic where we can take steps that can give us lower and stable electricity prices in Norway, and that we should not give up more power to the EU,” said Vedum. The Labour Party said it is possible to introduce parts of the package without affecting Norway’s sovereignty. Since the discovery of North Sea oil in 1969, Norway’s abundant energy resources have been the cornerstone of the country’s transformation into one of Europe’s wealthiest nations. The Norwegian government…
As Lebanon confronts the aftermath of another war with Israel, non-sectarian MP Michel Moawad discusses the new president, Hezbollah, and his hope for rebuilding a country ravaged by conflict, sectarian violence, and corruption. On 9 January this year, the Lebanese parliament formally elected Joseph Aoun as president, breaking a sectarian political stalemate that had run for more than two years. He succeeded Michael Aoun — no relation — who left office in October 2022 after a six-year term wracked by economic meltdown and political instability, as well as the devastating Beirut port explosion of August 2020.Michael Moawad MP, leader of…
The funding project, backed by the International Film Festival Rotterdam and UNHCR, aims to amplify personal stories of forced displacement within the industry. Oscar-winner Cate Blanchett is leading a new grant initiative, the Displacement Film Fund, to support refugee filmmakers with up to €100,000 each for short films that explore the experience of being displaced. The project, which will begin as a pilot scheme, is intended to evolve into a long-term programme in partnership with the International Film Festival Rotterdam and the UNHCR.”Film can drop you into the texture and realities of someone’s life like no other art form. Working…
A former top Brussels politician has a message for the United Kingdom: You’re still in our hearts. Polish Prime Minister Donald Tusk, who was president of the European Council from 2014 and 2019 during much of the Brexit negotiations, made the wistful declaration in a post on social media Thursday. “We still miss you,” Tusk wrote, sharing a YouGov poll showing that support among Brits for the U.K.’s leaving the EU has plummeted to a post-referendum low of 30 percent. He added a winking-face emoji for good measure.
Heathrow’s expansion plans have been rumbling for 10 years but the pressure has now risen for climate campaigners. London Heathrow (LHR), the world’s fourth busiest airport, has already been capped to have no more than 480,000 flights annually despite more demand. The UK chancellor Rachel Reeves wants to see a completed expansion in the next 10 years, she said in a speech on Wednesday. The proposed third runway could increase flight capacity to around 720,000 each year – and national aviation policy changes are what will help put plans back on the table. But campaign groups state the expansions threaten all hope…
The letter is an answer to Patriots’ group chair Jordan Bardella’s call on Jan. 28 for the European Union’s right-wing factions to unite to kill the Green Deal together. “We have long underscored the need to reassess its timelines and implementation to ensure that it does not jeopardize our industries or the livelihoods of our citizens,” the letter said. The European election in June 2024 marked a pivotal point toward a right-wing majority with the objective to backtrack on the European Commission’s flagship Green Deal. The EPP has not shied away from using the right-wing majority to push forward with…
The ECB cut rates by 25bps to 2.75%, with Lagarde signalling further easing if inflation declines. Growth risks persist amid weak confidence and geopolitical tensions. She ruled out Bitcoin as a reserve asset, stressing the need for liquidity and security. European Central Bank President Christine Lagarde hinted that the path for further rate cuts is clear, as financing conditions remain restrictive amid an economy that stagnated in the fourth quarter. The ECB cut its three key interest rates by 25 basis points on Thursday in an unanimous decision, as widely expected by market participants, bringing the deposit rate—the benchmark for…
Sweden will rush through legislation allowing police to wiretap children under 15 after a recent spate of bombings ordered by criminal gangs recruiting teens, Swedish Prime Minister Ulf Kristersson announced Thursday. “We are pushing the legislation to enter into force in the fall of 2025 … This is important to get at those who often sit far away and order crimes of children in Sweden,” said Kristersson at a press conference after an extraordinary meeting with the country’s council against organized crime. The original idea was to have the law ready by summer 2026.Sweden is grappling with a crime wave…
Global stock markets rallied this week amid Trump’s actions following his inauguration on Monday. European markets repeatedly hit new highs despite tariff threats, while the euro rebounded against the dollar. US President Donald Trump’s remarks and executive orders have influenced global market trends this week. Stocks extended their rally on broad-based gains globally, with both European and US markets reaching new highs. In currencies, the US dollar weakened, allowing other G-10 currencies to strengthen. Commodities were mixed, with gold nearing an all-time high on a softened dollar and mounting haven demands, while crude oil and gas prices fell due to…