Author: staff

On Tuesday the Commission will present a new proposal for a Critical Medicines Act, a priority the executive set for the outset of its mandate. How can the EU fix the dramatic shortages of vital medicines which put patients at risk? The European Commission will on Tuesday present its ”Critical Medicines Act” to address shortages of antibiotics, insulin, and painkillers (among others), reduce dependency on Asia and improve supply chain resilience across Europe.The bloc depends on Asia for 60–80% of its supply, leaving it vulnerable to disruptions. Some countries have suggested integrating medicine shortages into EU defence spending, seeing them…

Wall Street tumbled amid tariff-driven recession fears in the US economy, triggering sharp selloffs in the big tech stocks, wiping out billions of euros in market valuation. Recession fears mounted as the global trade war escalated following a series of US tariffs and retaliatory measures taken by China and Canada last week. Wall Street tumbled on Monday, with the tech-heavy index Nasdaq shedding 4%- the biggest single-day loss since 2022- wiping off $1.1 trillion (€710 billion) in market valuation.Big US Tech stocks tumbleThe Magnificent Seven stocks led the broad market decline, as US President Donald Trump’s aggressive tariffs raised concerns…

Updated: 11/03/2025 – 7:45 GMT+1Caravaggio’s masterpieces make a triumphant return to Rome for Caravaggio 2025, a landmark exhibition at Palazzo Barberini that reunites 24 extraordinary works, some unseen in Italy for centuries. … More

All European countries are massively ramping up defense spending, and all are facing similar issues on where to find the cash to do so. In January, NATO Secretary-General Mark Rutte called on European nations to redirect “a small fraction” of spending on pensions, health and social security to the military. But he’s mostly faced pushback so far, with countries such as Italy and even those closer to Russia like Lithuania saying no.  Aggressively going after the welfare state could spark fireworks in France, where Macron’s past attempts to tweak the country’s social safety nets, most notably on pensions, were met with…

Sandu warmly thanked the French President, adding Moldova was open for business, which will not just profit France but all EU member states. French President Emmanuel Macron met his Moldovan counterpart Maia Sandu at the Elysee Palace in Paris on Monday evening. Macron reiterated French support for Moldova in the context of Russia’s war of aggression against Ukraine as well as their accession bid to the European Union. Sandu told reporters that: “Russia breaks every promise. It pledged to withdraw its illegal troops from our territory by 2002. Never did. It cut off gas, violating its own supply contract.” “It imposes embargoes on…

“There might be more like-minded countries for the EU to work with than you would have thought,” added the source, who was granted anonymity to speak freely. The EU has racked up accords in recent months, including with the Mercosur bloc of South American countries and with Mexico — and wants to do a free-trade deal with India this year. Šefčovič announced the agreement in Brussels after meeting with Korean Trade Minister Cheong In-kyo. In comments to reporters, he emphasized the importance of the digital deal as efforts to head off a transatlantic trade escalation stall. Although the European Union’s…

UK firms are reluctant to hire due to subdued growth prospects and rising labour costs, two new studies show. UK vacancies continued to decline in February as businesses paused or slowed their hiring plans due to a subdued economic outlook and rising payroll costs. According to KPMG and REC’s latest job market survey, the number of vacancies fell for the sixteenth month running in February.The report, compiled by S&P Global after surveying around 400 UK recruitment and employment consultancies, showed that permanent vacancies continued to decline at a slightly sharper pace than temporary roles.Permanent staff appointments fell for the twenty-ninth month…

Appeals Centre Europe says Meta started implementing its non-binding decisions. Three in four complaints received since November by the Irish Appeals Centre Europe (ACE), which gathers complaints from social media users about content removal or moderation under the EU’s platform rules, were from Facebook users, the authority said in a statement.Some 21% relate to TikTok, and 3% from YouTube, ACE added.The organisation, which began its work late last year to provide an alternative to often costly and time-consuming legal routes to redress and to reduce the burden on regulators and courts, said it received more than 1,500 complaints from users challenging the…

– Wie die Grünen und selbst die FDP die Union und ihren Kanzlerkandidaten in der Hand haben. Eine Analyse mit Rasmus Buchsteiner. – Im 200-Sekunden-Interview: Ex-CSU-Verkehrsminister Peter Ramsauer über den Umgang mit den Grünen und warum das Milliardenpaket seiner Meinung nach weniger wuchtig ist, als es scheint. – Zwischenphase: Bald nicht mehr im Kanzleramt, dafür in einer Koalition mit der Union – die SPD lässt sich den Appetit trotzdem nicht verderben. Das Berlin Playbook als Podcast gibt es morgens um 5 Uhr. Gordon Repinski und das POLITICO-Team bringen euch jeden Morgen auf den neuesten Stand in Sachen Politik — kompakt,…

President Ferdinand Marcos Jr., who succeeded Duterte in 2022 and became entangled in a bitter political dispute with the former president, has decided not to rejoin the global court. But the administration said it would cooperate if the ICC asks international police to take Duterte into custody. Former Philippine President Rodrigo Duterte was arrested by police at Manila’s international airport Tuesday on order of the International Criminal Court in connection with a case of crime against humanity filed against him, the Philippine government said. Duterte was arrested after arriving from Hong Kong and police took him into custody on orders…