Author: staff
Officially, Labour Party sources said the change of strategy was due to a better-than-expected pre-budget forecast from the Office for Budget Responsibility (OBR), which put the gap between planned government spending and Reeves’s fiscal rules at £20 billion. It was a boost that stemmed from a smaller government debt forecast due to gilt market movements during the 10-day window the OBR used for its projection. However, that’s only part of the story. Raw party politics also played a crucial part in this shift. And as the chancellor’s intended budget strategy has unraveled under an unprecedented public spotlight, it has exposed…
Finanzminister Lars Klingbeil reist durch Peking, Shanghai und Singapur. Treffen mit der KP-Führung, darunter Chefideologe Wang Huning, Diskussionen über Ukraine, Handelsfragen und die kritische Abhängigkeit bei Seltenen Erden. Peking bietet einen direkten Kommunikationskanal an.Gleichzeitig wird deutlich, wie sensibel die Reise ist: strikte Sicherheitsregeln, Überwachungsrisiken, das „Wechselhandy“ des Ministers. In Singapur richtet Klingbeil den Blick auf Investitionen und Staatsfonds – mit der Botschaft, dass Deutschland international besser dasteht, als es zu Hause oft wirkt. Das Update von gestern mit Pål Jonson zum Nachlesen und ins Deutsche übersetzt gibt es hier. Das Berlin Playbook als Podcast gibt es morgens um 5 Uhr.…
A large overnight drone and missile attack struck the western Ukrainian city of Ternopil, killing at least 25 people, including two children, authorities said Wednesday. Two apartment blocks were hit, injuring at least 66 more as crews searched the rubble. Ukraine reported that Russia launched 476 drones and 48 missiles, with air defenses intercepting most of them. Almost 50 people were injured in Russian strikes on three other Ukrainian regions. Russia fired 476 strike and decoy drones, as well as 48 missiles of various types, at Ukrainian targets overnight, Ukraine’s air force said.
“Ukraine gains direct access to diversified and reliable energy sources, while Greece becomes a hub for supplying Central and Eastern Europe with American liquefied natural gas,” Greek Prime Minister Kyriakos Mitsotakis said. Nov 16 3 mins read
Putin then took to the stage at the AI Journey conference, telling the audience that Russia “must possess a whole range of its own technologies and products in the field of active artificial intelligence.” “The entire spectrum of such models must be trained and fully controlled by Russian specialists, at all stages,” he added. Putin noted that creating new data centres and building new compact nuclear power sites to power them is a top priority for Russia. “In less than two decades, primarily in the Urals, Siberia, and the Far East, we plan to build 38 nuclear power units. Their…
Big reforms, small concessions The Commission’s double-decker digital omnibus package includes one plan to simplify the EU’s data-related laws (including the GDPR as well as rules for nonpersonal data), and another specifically targeting the AI Act. A Commission official, briefing reporters without being authorized to speak on the record, said the omnibus’ impact on the GDPR was subject to “intense discussion” internally in the run up to Wednesday’s presentation, after its rough reception from some parliament groups and privacy organizations. Much in the EU executive’s final text remained unchanged. Among the proposals, the Commission wants to insert an affirmation into…
Updated: 19/11/2025 – 22:33 GMT+1 Elon Musk said at the US-Saudi Investment Forum that advanced AI and humanoid robots will make human work “optional” within 10–20 years, eliminate poverty and render money “irrelevant,” predicting a major societal shift driven by automation. … More
ATHENS — The Chinese embassy in Athens lashed out against U.S. Ambassador Kimberly Guilfoyle on Wednesday over her recent criticism of Beijing’s investments in Greece. Guilfoyle’s comments were a “malicious slander” against Sino-Greek trade relations and a “serious interference in Greek internal affairs,” an embassy spokesperson said in a written statement. Last week Guilfoyle said China’s state ownership of the Port of Piraeus, Greece’s largest such facility, was “unfortunate” and suggested it could be circumvented. “Something could be worked out, whether you pursue a path of enhancing output in other areas or perhaps that Piraeus could be for sale,” she…
Germany presented its newly developed Leopard 2A8 tank in Munich on Wednesday, as the European Union unveiled a new defense spending package amid continuing tensions with Russia. According to reports from German news agency dpa, the German Armed Forces will receive the first vehicles for testing in 2026 and will conduct intensive suitability tests. The first battalions will then receive the vehicles, starting with soldiers from the Lithuanian Brigade stationed in the Baltic States to protect the eastern flank. A range of other European nations including the Netherlands, Norway, Sweden, and Czechia have also placed orders for the tank, according…
Mais inévitablement, l’ombre du président américain Donald Trump plane. Le transfert de Pablo Hernández de Cos à la BCE pourrait coûter à l’Europe le leadership de la BRI. Etant donné que l’Europe perd de son importance dans l’économie mondiale, le président américain pourrait persuader d’autres que — entre le FMI, le CBCB et le Conseil de stabilité financière déjà dirigés par des Européens — le Vieux Continent a plus que sa juste part. Bien qu’elle ne soit pas puissante, la BRI est une institution très prestigieuse qui fournit une vue d’ensemble unique des flux financiers mondiaux. Deux personnes au fait…