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The Latest Breaking News from European Union

EU Seeks Energy Price-busting Strategy amid Ukraine Crisis

European states are urgently seeking policies to stem the energy inflation tide amid conflict in Ukraine which has sparked price hikes -- notably of oil, which has soared past $100 a barrel. As companies and consumers alike labor under the strain with food and energy prices soaring to multi-decade highs,…

Asharq Al-Awsat

UK would suffer £70bn hit and recession if Europe banned Russian oil and gas, Rishi Sunak fears

Boris Johnson has urged EU to ‘get off that addiction’ – but chancellor has highlighted severe impact on UK if it does

The Independent UK

European Union Insists on Its Three ‘Noes’ in Syria

The European Union has reconfirmed rejection to normalization with the Syrian regime, to reconstruction and to lifting of sanctions until a political solution in line with UN Security Council resolution 2254 is firmly underway. “Yesterday marked 11 years since the beginning of the tragic and bloody conflict in Syria,” said…

Asharq Al-Awsat

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Bullfighting still benefits from millions of euros a year in EU farming subsidies

Public funds to farms breeding bulls keeping ‘cruel practice’ of bullfighting alive, say animal rights campaigners

The Guardian - UK

Battered but not broken: how global trade is responding to Russia’s invasion of Ukraine

Russia’s first McDonald’s store in opened in 1990, just months after the fall of the Berlin Wall. It was a potent symbol that the Cold War was ending and a great ideological wound healing.

The Conversation

War in Ukraine: The bombing continues, Biden warns China against helping Russia

French President Emmanuel Macron said he was “extremely concerned” over the fate of Ukraine's city of Mariupol during a lengthy phone call Friday with Russia’s President Vladimir Putin. Earlier, US President Joe Biden spoke to China's Xi Jinping in which Biden aimed to persuade Xi to join Western pressure on…

France 24

Government ‘struggling to point to tangible wins’ on trade policy, MPs find

The Commons Public Accounts Committee delivered a critical assessment of the UK’s trade deals.

The Independent UK

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Bulgarian police detain former PM Borissov after EU probes

Bulgaria’s former Prime Minister Boyko Borissov has been detained in a nationwide police operation following probes of the EU prosecutor’s office

The Independent UK

Micheal Martin 'disappointed' after missing White House visit as Joe Biden to meet EU leaders next week

Mr Martin was due to meet US President Joe Biden at a European Council meeting Thursday

Irish Mirror

Bulgaria's former PM Borissov detained, interior ministry says

Bulgaria's former Prime Minister and leader of opposition centre-right GERB party, Boyko Borissov, has been detained late on Thursday as part of a police operation linked with the probes of the EU prosecutor's office, the interior ministry said.

Reuters

In sanctions route, what the world must take note of

Countering Russia’s illegality against Ukraine with measures not ingrained in international law amounts to reprisal

The Hindu

Boris Johnson open to attending European Council, says source

EU leaders and Joe Biden will meet next week to discuss war in Ukraine, but PM has not yet been invited

The Guardian - UK

Ukraine: Poland reminds the EU how vulnerable its border nations really are

When a Russian airstrike hit a large military base in Ukraine just 15 miles from the Polish border, it drew instant international attention. The attack stood at strategically given its proximity to the territory of a Nato member. Any attack on Polish soil would trigger an automatic response from Nato…

The Conversation

Health Canada Approves Moderna's COVID-19 Vaccine For Kids Aged 6-11 Years

Health Canada has approved Moderna Inc's (NASDAQ:MRNA) mRNA COVID-19 vaccine, Spikevax, two-dose series of 50 µg per dose to prevent COVID-19 in children aged six to11 years. The announcement follows the recent authorization of the Company's COVID-19 vaccine in the same age group in both Australia and the European Union. "Health Canada was…

Benzinga

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Newsroom.co.nz

NZ's first round of Russia sanctions revealed

Vladimir Putin and 12 others figures are targeted in an initial blacklist over the Ukraine invasion – but not a businessman tied to NZ.

Benzinga

Amazon Consummates MGM Deal Post Clean Chit From Regulators

Amazon.com Inc (NASDAQ:AMZN) closed the $8.5 billion acquisition of film studio Metro-Goldwyn-Mayer after a clean chit from the U.S. FTC and EU. The EU contended that the deal would not hamper competition as the two companies did not significantly overlap in content production, the Wall Street Journal reports. The FTC also did not…

France 24

OECD warns of major shock to global economy from war in Ukraine

The Organisation for Economic Co-operation and Development has warned of a major shock to the global economy from the Russian invasion of Ukraine. In its latest report, the OECD estimates that it could wipe a percentage point off global economic growth this year, and drive up inflation by 2.5 percentage…

Daily Mirror

Have Ukraine and Russia made a neutrality plan - as signs of progress emerge

There may well be positive developments in talks between Russia and Ukraine soon in the hope of bringing an end to the suffering caused by Vladimir Putin's invasion

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The Guardian - UK

Ukraine war prompts EU to cut Poland some slack in rule of law dispute

Sources say European commission ready to release billions in locked recovery funds

The Guardian - UK

Zelenskiy invokes fall of Berlin Wall in appeal to German parliament

Ukraine president says there is new wall ‘between freedom and lack of freedom’ in Europe

The Conversation

Russia’s no longer a ‘most-favored nation’: 5 questions about the coveted trading status answered

The U.S., the European Union, Japan and Canada are further severing Russia from global markets by removing a coveted trading designation over its war in Ukraine. Known as most-favored-nation status, it generally entitles a country to the best possible trading terms, which comes with many economic benefits. The EU agreed…

Benzinga

Tilray Poised To Conquer Malta's Medical Marijuana Market - Launches First Medical Cannabis Oil

Tilray Brands, Inc. (NASDAQ: TLRY) (TSX: TLRY) confrimed Thursday that its medical cannabis division, Tilray Medical, has expanded its medical cannabis offering and launched the first EU GMP medical cannabis oil products in Malta.

Reuters

EU court adviser faults Denmark for misusing 'feta' name on cheese exports

Denmark has breached European Union law by failing to prevent local companies from making and exporting outside the EU white cheese labelled as "feta", an adviser to Europe's top court said on Thursday.

Asharq Al-Awsat

Tuchel Praises Focus of Chelsea Players as Troubled Holders Reach Champions League Quarters

Chelsea coach Thomas Tuchel praised his players for remaining focused amid the uncertainty about the club's future after they progressed Wednesday to the Champions League quarter-finals, where he said they would be "the team nobody wants to play". The reigning European champions came from behind to beat Lille 2-1 in…

The Independent UK

Russia sanctions: Mercedes-Benz and L’Oreal join firms severing ties over Ukraine invasion - see full list

Banks, businesses, oligarchs and Cabinet ministers all targeted with harsh economic penalties by Western democracies as punishment for Vladimir Putin’s actions

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