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The Latest Breaking News from European Union

Dollar Slips on Weak US Labor Market News

The dollar index (DXY00 ) on Tuesday fell by -0.05%. The dollar was under pressure on Tuesday as signs of weakness in the US labor market have bolstered the outlook for the Fed to keep cutting interest rates after ADP reported employers cut jobs this month. Losses in the dollar...

Barchart

More than 80 countries at Cop30 join call for roadmap to fossil fuel phase-out

Countries from Africa, Asia, Latin America, Pacific and Europe plead for transition to be central outcome of talks

The Guardian - UK

Crude Prices Rebound on Hawkish EU Rhetoric Toward Russia

December WTI crude oil (CLZ25 ) on Tuesday closed up +0.83 (+1.39%), and December RBOB gasoline (RBZ25 ) closed up +0.0092 (+0.46%). Crude oil prices recovered from early losses on Tuesday and moved higher after hawkish rhetoric by the European Union's top diplomat raised expectations that sanctions on Russian energy...

Barchart

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EU confirms it wants UK to pay into its budget in exchange for closer ties

‘Politically realistic’ for UK to make financial contribution so it can access European single market, Irish minister says

The Guardian - UK

France and Germany support simplification push for digital rules as Commission preps AI Act review

The Commission, with French-German backing, plans to ease AI and data rules to ease the burdens on European companies. Members of Parliament and NGOs fear it will open “pandora’s box” of negative ramifications.

Euronews

Tories and Reform spout imaginary numbers as they fight for attention

Back-of-an envelope calculations by Kemi Badenoch, Mel Stride and Nigel Farage are nothing but political fever dreams

The Guardian - UK

How the rich world is fortifying itself against climate migration

The UK has announced much harsher rules for asylum seekers including the prospect of more deportations for those whose applications fail. The US is trebling the size of its deportation force. The EU is doubling its border budgets. And in the coming decades, hundreds of millions of people might be…

The Conversation

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Meloni's Brothers of Italy party launches saucy carbonara crusade in the European Parliament

Italian Premier Giorgia Meloni’s party has cooked up a letter to President Metsola criticising the sale of "Italian-style" products in the Parliament’s supermarket in Brussels.

Euronews

‘If not us, who else?’: EU Commissioner sees no alternative to Mediterranean Pact

EU Commissioner Dubravka Šuica has defended the new Pact for the Mediterranean against criticism that the initiative would be dead on arrival due to diverging interests between the European Union and Arab states in the south.

Euronews

BYD Is Speedrunning Its Takeover Of Europe

Today on Critical Materials: BYD will double its EU dealer network, Tesla squeezes China out of U.S. supply chain and Germans have a China problem.

InsideEVs

European Parliament rejects Russian energy ban exemptions for landlocked countries

As the EU finalises plans to wean itself off Russian energy, the European Parliament is opposing any exemptions or loopholes for countries especially reliant on gas imports from the east.

Euronews

EU to probe market power of US cloud providers Amazon, Microsoft

Amazon and Microsoft cloud services could face stricter EU competition rules after Brussels launched probes to assess their market power.

Radio France Internationale

European Film Awards LIVE: 'Sentimental Value' and 'Sirāt' lead nominations

LIVE: The European Film Awards are taking place in Berlin. Three Cannes-premiering, and winning, films - Joachim Trier's 'Sentimental Value,' Óliver Laxe's 'Sirāt' and Jafar Panahi's 'It Was Just an Accident' - are among the nominees for Europe's top film prize.

Euronews

Net migration to the UK: What numbers have changed and why?

The ONS has improved the way it estimates the migration patterns of British nationals and EU+ nationals.

The Independent UK

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Euronews

As COP30 continues, what are European citizens' views on climate change?

A new survey shows that five EU nations think the worst climate impacts can still be avoided, but they differ over how much the EU should do to tackle climate change.

PC Gamer

Arc Raiders players decided to test who was friendlier, PC or console players: 'I am never playing the game on cross-play ever again'

Next, we need to figure out which region is the nicest.

The Independent UK

Nigel Farage says Reform-led councils’ woes show bringing change is ‘hard’

Reform UK and the Conservatives held rival press conferences to unveil alternatives to Rachel Reeves’ Budget.

Euronews

EU wants a seat on Trump’s Gaza Board of Peace, Commissioner for the Mediterranean says

The EU should be represented on US President Donald Trump’s transitional body for Gaza, Dubravka Šuica, the EU’s Commissioner for the Mediterranean, has told Euronews.

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Radio France Internationale

International trade tensions force EU to cut 2026 eurozone growth forecast

The eurozone economy will grow less than expected next year, the EU executive predicted on Monday, as risks from international trade and geopolitical tensions weigh on the single currency area.

Barchart

S&P Futures Slip on Souring Risk Sentiment

December S&P 500 E-Mini futures (ESZ25) are trending down -0.31% this morning as investors continue to unload risk assets while awaiting Nvidia’s earnings and a pivotal U.S. jobs report.

Radio France Internationale

Macron, Merz push for Europe’s digital sovereignty as AI race accelerates

European leaders are gathering in Berlin to push a more confident, homegrown digital strategy as the continent races to keep pace with global artificial intelligence powerhouses.

Euronews

COP30: World is falling behind on crucial methane emissions cuts, new report warns

Research from a UN agency says the world is set to miss targets agreed four years ago despite readily available technology and clear incentives.

Euronews

Belgium buys Latvian-made drone interceptors after string of incursions

The deal comes after several drone sightings that disrupted Belgian airports, military bases and a nuclear plant over the last month.

The Guardian - UK

Two Ukrainian men believed to be working with Russia identified as suspects in Polish rail sabotage attacks – as it happened

Donald Tusk warns Polish parliament of an ‘escalation’ of Russian intelligence activities ‘across the whole of Europe’

The Guardian - UK

Chinese spying amounts to interference in UK democracy, minister says, after MI5 warns MPs – as it happened

Dan Jarvis, the security minister, says China is trying to contact MPs and peers to get sensitive information about parliament

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