Page 39 - European Union

June 2024 sets record as hottest in history, shows EU climate monitor

June's temperature exceeded the estimated average for the pre-industrial period (1850-1900) by 1.50 degrees Celsius, according to the European Union's Copernicus Climate Change Service

With French Parliament shifting to 'Left', risk of policy paralysis looms

The result delivered a stinging blow to President Emmanuel Macron and leaves the euro zone's second largest economy in limbo, heralding a period of political instability

2024 may be world's hottest year ever as June breaks records, says EU

Data suggest 2024 could outrank 2023 as the hottest year since records began after human-caused climate change and the El Nino natural weather phenomenon both pushed temperatures to record high

New UK PM Starmer seeks to improve on 'botched' trade deal with EU

British Prime Minister Keir Starmer is seeking to reset relations at home and abroad. During a visit Sunday to Edinburgh, that he billed as an immediate reset with the regional governments of Scotland, Northern Ireland and Wales, Starmer said he would also seek to improve the UK's botched trade deal with the European Union. "I do think that we can get a much better deal than the botched deal that (former Prime Minister) Boris Johnson saddled the UK with, he said in reference to the pact negotiated after Brexit. Starmer said there were many discussions ahead to strengthen trading, research and defense ties with the EU. But he said those talks had begun as his top diplomat made his first visit abroad to Germany, Poland and Sweden. With two of Starmer's ministers in Europe ahead of a NATO meeting next week, the premier made a point of visiting the leaders of the regional governments in the UK following his party's landslide victory last week. Starmer, who said he has a mandate to do

How Macron went from successful political newcomer to a weakened leader

French President Emmanuel Macron's expected political failure in decisive parliamentary elections Sunday may paralyse the country, weaken him abroad and overshadow his legacy, just as France prepares to step into the global spotlight as host of the Paris Olympics. France's youngest-ever president is known on the international stage for his tireless diplomatic efforts and pro-European initiatives. Now, many wonder how he will manage to keep the reins of the country with likely no majority in parliament and a confrontational government. Constitutionally barred from running for a third consecutive term in 2027, Macron, 46, is facing a struggle not to become a lame duck. Whatever the outcome of Sunday's runoff, it's not expected to be good news for Macron. French media have recently described an end of reign atmosphere at the Elysee presidential palace. Polls show Macron's centrist alliance is headed for defeat in Sunday's runoff, after coming in third in the first round. It looks a

Don't go too far in weapon support to Ukraine: Putin's message to West

The message to NATO from President Vladimir Putin was simple and stark: Don't go too far in providing military support for Ukraine, or you'll risk a conflict with Russia that could quickly turn nuclear. As the war in Ukraine turns slowly in Moscow's favour, Putin declared he doesn't need nuclear weapons to achieve his goals. But he also says it's wrong for the West to assume that Russia will never use them. It mustn't be treated in a light, superficial way, Putin said in June, reaffirming that Russia's nuclear doctrine calls for using atomic weapons if it perceives a threat to its sovereignty and territorial integrity. Moscow's nuclear messaging coming as NATO allies move to shore up exhausted and outgunned Ukrainian forces heralds what could become the most dangerous phase in the war. Drills, threats and signals Moscow has carried out drills with its tactical or battlefield nuclear weapons in southern Russia and with ally Belarus, where some were deployed in 2023. Russian Def

Nato summit, mending EU relations among first tasks for new UK PM Starmer

New British Prime Minister Keir Starmer doesn't get to take a breather. After a draining six-week election campaign, the center-left politician must get straight to work assembling his government, tackling a mountain of domestic problems and putting his stamp on the U.K.'s relations with the rest of the world. It's a daunting list for a new leader who has never served in, much less led, a government. But Starmer, who was officially appointed prime minister Friday, insisted that he is up to the challenge of heading the U.K. in a world that is a more volatile place than it has been for many years. Appoint a government Like someone moving into a new home with their IKEA furniture, Starmer's first task was to assemble a Cabinet. Starmer began putting together his government soon after he walked through the door of 10 Downing St. on Friday afternoon following his landslide election victory. He has a plethora of lawmakers to choose from - his Labour Party won more than 400 seats in ...

Euro 2024: Merino's goal sends Spain to semis after victory over Germany

Spain and its fans celebrated as if they'd won the European Championship. After eliminating tournament host Germany in a thrilling quarterfinal, Luis de la Fuente's team has a great chance to lift the trophy in Berlin next week. Spain snatched a 2-1 win in extra time on Friday thanks to substitute Mikel Merino's header in the 119th minute. Merino celebrated by running around the corner flag, mimicking his father Miguel Merino's celebration after he scored in the same stadium for Osasuna in the UEFA Cup against Stuttgart in 1991. "I knew that there was very little time left and that it was one of the last attacks we would have," Merino said. I didn't believe that it had gone in until a couple of seconds later. When you get 30 slaps on your back it sinks in real quick. I am very happy for me and the entire team. It all comes down to one moment (the goal), but there is so much work behind it, all the training, the hope, the faith, and the belief in ourselves. Extra time came only afte

Euro 2024 quarterfinals: Ronaldo heads home as France beats Portugal 5-3

France's heartache in penalty shootouts is over. So is Cristiano Ronaldo's last-ever European Championship. In a clash of the soccer superstars, it was Kylian Mbapp and not Ronaldo, his idol advancing to a semifinal match against Spain as France beat Portugal 5-3 in a shootout following a 0-0 draw on Friday. Portugal substitute Joao Felix hit a post with the only miss in the shootout and Theo Hernndez showed no sign of pressure by converting the clinching kick into the top corner. It was a record sixth and final European Championship for the 39-year-old Ronaldo, who scored Portugal's first penalty in the shootout and ended up consoling fellow veteran Pepe afterward as the 41-year-old defender cried on his captain's shoulder. We need to go through this moment of our loss, which is very painful, Pepe said. Ronaldo's 20-year career in the Euros included the title in 2016 when Portugal beat France in the final and it remains to be seen if the five-time world player of the year wil

Carbon Border Adjustment Mechanism aims for global decarbonisation: EU

The Carbon Border Adjustment Mechanism aims to treat imported goods the same as EU-produced goods to help global decarbonisation, the Director-General of the European Commission has said following a visit to India to discuss tax and custom issues. Carbon Border Adjustment Mechanism (CBAM) is the European Union's planned tax on the carbon emitted while making goods imported from countries like India and China. The move has sparked a debate at multilateral forums, including the United Nations climate conferences, as the poorer countries fear such tariffs will harm livelihoods and economic growth. Director-General of the European Commission, Gerassimos Thomas, led a group of officials to New Delhi to discuss tax and customs issues, with a focus on CBAM, on July 1 and 2. He met the Indian government officials and business leaders to explore the manner in which it might affect the Indian industries and explain CBAM's goals and timeline. Thomas welcomed India's plans to decarbonise its ..

Visa, Mastercard to extend non-EU tourist card fee caps to 2029, says EU

Visa, the world's largest payments network operator, and its closest rival Mastercard, in 2019 agreed to a 0.2% fee cap on non-EU debit card payments

Germany fears victory for far-right could harm close relations with France

German Chancellor Olaf Scholz is worried about the outcome of the run-off election in France. Scholz, who is normally tightlipped when asked about domestic politics in other European countries, has in recent weeks more than once expressed concern that the far-right, nationalist National Rally may win the second round of elections in neighbouring France on Sunday. Earlier this week, the decidedly pro-European German chancellor even revealed that he and beleaguered French President Emmanuel Macron are texting on a daily basis as the election draws closer. We are discussing the situation, which is really depressing," Scholz said at a summer gathering of his Social Democratic Party in Berlin on Tuesday, according to German news agency dpa. In any case, I am keeping my fingers crossed that the French, whom I love and appreciate so much, the country that means so much to me, will succeed in preventing a government led by a right-wing populist party," Scholz added in an unusually emotiona

UK elections: How Starmer defied expectations to lift Labour back to power

He has now led the Labour party to victory, on track for the biggest majority in Parliament since at least Tony Blair's New Labour landslide in 1997

China urges EU to show sincerity in talks as EV tariffs take effect

The government has repeatedly called on the European Union to cancel its tariffs, expressing a willingness to negotiate

EU announces investigation into Chinese subsidies for electric vehicles

The European Union (EU) is launching an investigation into subsidies that China provides to electric vehicle makers, the head of the bloc's executive branch said Wednesday, as concern grows that the aid is harming European companies. Global markets are now flooded with cheaper Chinese electric cars, and their price is kept artificially low by huge state subsidies. This is distorting our market, European Commission President Ursula von der Leyen told EU lawmakers in Strasbourg, France. As we do not accept this distortion from the inside in our market, we do not accept this from the outside, von der Leyen said. So, I can announce today that the commission is launching an anti-subsidy investigation into electric vehicles coming from China. China's leaders have helped make the country the biggest market for electric vehicles by investing billions of dollars in subsidies to get an early lead in what is seen as a promising industry. Global automakers face growing competition in their hom

UK elections: Five questions ratings firms have for the new government

With a relatively modest 1.3 percentage point of GDP primary budget deficit likely this year, the UK isn't as far away from a debt-stabilizing balance as G7 peers the US, France and Italy are at least

Europe holds breath for France polls; Macron's role in EU to get diluted

The big fear for the EU's traditional political mainstream is an outright RN victory, forcing Macron to 'co-habit' with a government hostile to his vision of European sovereignty

Xi Jinping greets EU Council president ahead of EV tariffs taking effect

EU trade policy has turned increasingly protective over concerns that China's production-focused development model could see it flooded with cheap goods

Lufthansa gets EU nod for $350 million stake in Italy's ITA Airways

ITA also offers key long-haul routes to Lufthansa, which has an option to take full ownership if the Italian airline's financial performance improves

EU approves Sanofi's Dupixent injection to treat chronic lung disease

The EU Commission approved Dupixent to treat chronic obstructive pulmonary disease (COPD) in patients that cannot be helped by standard inhaled drugs