German Chancellor Friedrich Merz stated that "Nord Stream-2" will not receive a license for exploitation. The German government is ready to counteract attempts to restore the project after the damage.
Following the Russian invasion of Ukraine, the Netherlands and 7 other EU countries have called for an urgent strengthening of civil preparedness for man-made and natural disasters. They insist on accelerating work on threat analysis.
In April, BYD overtook Tesla in electric vehicle sales in Europe for the first time, selling 7,231 cars. Tesla's sales fell by 49%, although the electric vehicle market grew by 28%.
Telegram's profit in 2024 reached $540 million, and revenues increased to $1. 4 billion. This happened despite lawsuits against Pavel Durov in France due to the position of the administrative team and content.
European countries are trying to persuade Trump not to withdraw from the negotiation process between Russia and Ukraine. After Trump's conversation with Putin, European leaders were shocked.
Donald Trump announced some progress after a 2. 5-hour telephone conversation with Vladimir Putin. He added that he expects to meet with Putin and believes in the possibility of ending the war in Ukraine.
Britain and the EU have agreed to reset relations after Brexit. London will open fishing waters to EU vessels for 12 years, and British exports will benefit.
US Special Representative Steve Witcoff canceled his visit to Putin due to his refusal to discuss the 22-point peace plan developed jointly with Ukraine and Europe. The plan was discussed between Ukrainian and American officials.
Due to the war, Ukraine is looking for weapons everywhere. But many deals have not been fulfilled, and Kyiv has lost $770 million. The reasons are inflated prices, poor-quality goods, and corruption.
Macron and Tusk signed a Polish-French friendship treaty that provides for deepening cooperation, especially in the field of security and defense. The parties also signed an agreement on cooperation in nuclear energy.
The Indian Premier League cricket tournament has been suspended due to the escalation of the conflict between India and Pakistan. The decision was made after a match in Dharamshala was stopped due to hostilities.
Fans have criticized Disney for the lack of the iconic moment with Pleakley in the new children's movie "Lilo & Stitch". The director confirmed that Pleakley will not wear a dress, as in the 2002 cartoon.
EU experts warn that the large pig population in Europe could become an environment for avian influenza to mutate. This increases the risk of the virus being transmitted to humans.
OPEC+ decided to increase oil production in June by 411,000 barrels per day. This is happening against the backdrop of falling prices due to fears of surplus and a weak economy.
Experts believe that the Spanish power grid could not cope with the large amount of solar energy, which led to the shutdown of 15 GW. The need for more stable energy sources is being considered.
Viktor Orban is accused of funding pro-government media with EU funds, which could lead to a new conflict with the European Union. He allegedly violated competition rules by providing subsidies to government-affiliated media.
Chinese coast guard establishes control over Sandy Cay, raising the flag of the PRC. The reef is of strategic importance as it allows control of Titu Island.
Apple plans to move iPhone production to India by 2026 to avoid tariffs between the US and China. The company aims to manufacture more than 60 million iPhones for the US in India.
The European Commission plans to investigate Universal Music's acquisition of Downtown Music for $775 million. Independent companies believe this will give Universal too much power.
NATO Secretary General Mark Rutte will urge the Trump administration not to impose a peace agreement on Ukraine that would appease Putin. He will stress that this will increase the threat to Europe.
Ukraine has failed to reach an agreement with holders of $2. 6 billion in debt, amid the need to pay $600 million in May. The IMF warns that these warrants pose a risk to financial assistance.
Trump's actions regarding the possible recognition of Crimea as Russian put European leaders before a difficult choice. They must decide whether to support Ukraine or side with the United States.
Oil prices rise after falling as investors weigh OPEC+ output increase and signals on tariffs from the White House. The US and Iran are holding talks on the nuclear program.
Dmitry Peskov reacted to the Financial Times article that Putin had offered to stop the war in Ukraine along the current front line, calling it a fake. He called for listening only to primary sources.
Putin offered Trump to stop the invasion of Ukraine along the current front line. Russia also rejected some US proposals, including the military presence of NATO countries in Ukraine.
A decisive stage of the antitrust process against Google, which was found guilty of violations, has begun in the US. The government demands radical measures, including the forced sale of the Chrome browser and other assets.
Hungary can force the EU to lift sanctions against €210 billion of frozen Russian assets. This will remove the guarantee on loans to Ukraine and shift their coverage to EU and G7 taxpayers.
The United Arab Emirates plan to be the first to involve artificial intelligence in the development and amendment of legislation. This should speed up the process by 70% and allow tracking the impact of laws, although there are reservations about the transparency of AI.
Western automakers are implementing a "China for China" strategy and local software to regain market share lost to domestic competitors. New models are being tested at the Shanghai auto show to restore their positions.
US trade shock rocked markets and confidence, exacerbating global threats according to a Brookings-FT study. IMF is set to cut growth forecasts due to rising uncertainty.
