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The Latest Breaking News from European Union

Bank of England governor says Brexit has undermined UK economy

Andrew Bailey calls for relations with EU to be rebuilt as Trump plans US tariffs

The Guardian - UK

Bank of England chief warns of Brexit consequences as he calls for UK to rebuild EU relations

Bank of England chief warns of Brexit consequences as he calls for UK to rebuild EU relations

Andrew Bailey ‘points out the consequences’ of Brexit in an address to the City of London

The Independent UK

Sugar Gains as Soft Commodities Rally on EU Forestation Rules

Sugar Gains as Soft Commodities Rally on EU Forestation Rules

March NY world sugar #11 (SBH25 ) Thursday closed up +0.39 (+1.84%), and December London ICE white sugar #5 (SWZ24 ) closed up +7.10 (+1.32%). Sugar prices Thursday posted moderate gains on carryover support from the surge in coffee and cocoa prices after the European Parliament moved to seek further...

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Cocoa Prices Surge on Supply Concerns

December ICE NY cocoa (CCZ24 ) Thursday closed up +523 (+6.41%), and December ICE London cocoa #7 (CAZ24 ) closed up +512 (+7.87%). Cocoa prices Thursday rallied sharply, with NY cocoa posting a 7-week high and London cocoa posting a 4-month high. Supply concerns sparked Thursday's rally after the European...

Coffee Prices Finish Sharply Higher as EU Regulations Threaten Supplies

December arabica coffee (KCZ24 ) Thursday closed up +7.30 (+2.69%), and January ICE robusta coffee (RMF25 ) closed up +145 (+3.13%). Coffee prices on Thursday added to this week's sharp rally, with arabica posting a 13-year nearest-futures high and robusta posting a 1-month high. Coffee prices surged Thursday on potential...

Global plastic production must be cut to curb pollution, study says

Analysis lays bare huge challenge of mismanaged waste on eve of UN plastic treaty talks in Busan

The Guardian - UK

Trump’s tariffs are nothing new – NZ’s real problem is the failing free trade system itself

Headlines following Donald Trump’s election victory focused largely on the influence of personalities, such as Elon Musk or Robert Kennedy junior, and single issues, such as how US tariff hikes would affect New Zealand’s exports.

The Conversation

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Sugar Rallies with Other Soft Commodities on EU Forestation Rules

Sugar Rallies with Other Soft Commodities on EU Forestation Rules

March NY world sugar #11 (SBH25 ) today is up +0.43 (+2.03%), and December London ICE white sugar #5 (SWZ24 ) is up +8.80 (+1.64%). Sugar prices today are moderately on carryover support from the surge in coffee and cocoa prices after the European Parliament moved to seek further changes...

Cocoa Prices Jump as EU Deforestation Rules Threaten Supplies

Cocoa Prices Jump as EU Deforestation Rules Threaten Supplies

December ICE NY cocoa (CCZ24 ) today is up +481 (+5.89%), and December ICE London cocoa #7 (CAZ24 ) is up +512 (+7.87%). Cocoa prices today are sharply higher, with NY cocoa posting a 7-week high and London cocoa posting a 4-month high. Supply concerns are pushing cocoa prices higher...

Coffee Prices Soar as EU Deforestation Regulations Threaten Coffee Supplies

Coffee Prices Soar as EU Deforestation Regulations Threaten Coffee Supplies

December arabica coffee (KCZ24 ) today is closed up +9.35 (+3.44%), and January ICE robusta coffee (RMF25 ) is up +147 (+3.17%). Coffee prices today added to this week's sharp rally, with arabica posting a 13-year nearest-futures high and robusta posting a 1-month high. Coffee prices surged today on potential...

Wave of strikes brewing as French budget cuts anger unions

Wave of strikes brewing as French budget cuts anger unions

French unions across multiple sectors are calling for strikes and protests in the coming weeks, driven by frustration over planned layoffs and budget reforms. The government has proposed €60 billion in cuts and tax hikes to tackle the country's debt.

Radio France Internationale

EU Fines Meta Platforms 0 Million Over Facebook Marketplace Practices

EU Fines Meta Platforms 0 Million Over Facebook Marketplace Practices

EU fines Meta Platforms €798 million for antitrust violations related to Facebook Marketplace, prompting an appeal from Meta.

Gas prices at one-year high in Europe amid Russian supply threat

Gas prices at one-year high in Europe amid Russian supply threat

Gazprom could stop flow of gas into continent as result of their legal battle with Austrian company OMV

The Guardian - UK

Brussels presses ahead with bid for youth free movement deal despite Starmer’s objections

Brussels presses ahead with bid for youth free movement deal despite Starmer’s objections

Exclusive: The bloc is formalising its negotiating position on a youth mobility agreement

The Independent UK

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Meta fined 798 million euros ($846m) for breaking EU antitrust rules

EU says Meta automatically ties its ad service – Facebook Marketplace – to Facebook, creating an unfair advantage.

EU Fines Meta 1M For Abusive Marketplace Practices

EU fines Meta 800M euros for antitrust violations in Marketplace business, citing unfair advantages and anti-competitive behavior.

Trump’s US election leaves Ukraine scrambling for EU military assistance

Kyiv is trying to secure as much of the aid promised by Washington and Brussels as possible.

International Business Times

EU Fines Meta $840 Million For 'Abusive' Facebook Ad Practices

The EU fined online giant Meta almost 800 million euros on Thursday for breaching antitrust rules by giving users of its Facebook social network automatic access to classified ads service Facebook Marketplace.

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The Independent UK

NATO and the EU press China to help stop North Korea's support for the war on Ukraine

NATO and the European Union are ramping up pressure on China

Evening Standard

EU fines Meta £660m for competition rule breaches over Facebook Marketplace

The European Commission said Meta had acted illegally in tying the Marketplace to the social network arm of the platform.

Radio France Internationale

EU parliament votes to delay and dilute deforestation law

The European Parliament on Thursday approved a one-year delay on implementing the bloc's landmark anti-deforestation rules, while also voting to loosen some requirements of the controversial law.

The Independent UK

EU slaps Meta with a nearly 800 million euro fine for engaging in 'abusive' Marketplace practices

European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what it calls “abusive practices” involving its Marketplace online classified ads business

The Guardian - UK

Italy’s Albania asylum deal has become a political disaster for Giorgia Meloni

Pact hailed as EU migration breakthrough in tatters after judges rule asylum seekers must be transferred to Italy

The Guardian - UK

Farm income falls in England after extreme weather and subsidy cuts

Defra data shows lower income for most farm types but small boost from payments for nature-friendly schemes

International Business Times

Hotels On Booking.com Can Offer Better Rates Elsewhere: EU

Hotels listed by online travel giant Booking.com in Europe are now free to offer better rates elsewhere, the European Commission said Thursday as new rules on the platform came into force.

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