Why steel tariffs are rumbling the EU’s outreach to South Korea

Also in this newsletter: Brussels looks likely to cheer Italian bank merger

Rising cyberscam losses expose gaps in EU response

Europeans are losing billions to online scams, yet the EU has been slower than the US, the UK and China in targeting the Southeast Asian networks behind many of them.

EU proposes sanctions against Russian banks and crypto networks

EU Kicks Off Probe of Paramount’s $24 Billion in Middle Eastern Funding for Warner Bros. Deal

The European Union’s regulatory arm is investigating Paramount Skydance’s proposed Warner Bros. Discovery megamerger over the financial backing of three Middle Eastern sovereign wealth funds. The European Commission is investigating the $111 billion Paramount-WBD deal under the EU’s Foreign Subsidies Regulation, looking at the approximately $24 billion being fronted for the takeover by the sovereign wealth […]

By Todd Spangler

EU To Examine Paramount’s $24 Billion Middle Eastern Backing For Warner Bros. Deal

The Middle Eastern money in the mega-merger between Paramount and Warner Bros. Discovery (WBD) is to be the subject of scrutiny in the European Union. In a filing this week, the European Commission said that Paramount’s takeover of WBD would be examined under Foreign ⁠Subsidies Regulations. The European Commission must decide by July 14 whether […]

By Jake Kanter

European heatwave drives world's second-hottest May on record

The world experienced its second-hottest May on record in 2026 as an unusually early and intense heatwave swept across Europe, setting new temperature records across the continent, the European Union's Copernicus Climate Change Service said on Wednesday.

By RFI

Zionist NGO Regavim to countersue Canada, EU over sanctions, denies claims of violence - interview

On Tuesday, the United Kingdom, Canada, Norway, France, New Zealand, and Australia announced new sanctions against several individuals and organizations in the West Bank.

Cyprus records €63m in losses from counterfeit goods

Counterfeit goods in Cyprus cause losses of up to €63 million per year, with the majority, €49 million, stemming from counterfeit clothing and footwear, according to new findings from the European Union Intellectual Property Office (EUIPO). Counterfeit products that mimic the appearance of original branded products have become a widespread phenomenon in Cyprus, with another […]

A Decade After Paris Agreement, India Nears Climate Goals, EU Lags Behind

According to experts, investors often see faster returns from solar projects in India than in many developed markets.

Summit meetings with Belgium, EU kick off Lee's Europe tour

President Lee Jae Myung on Wednesday kicked off the official itinerary of his trip to Europe, meeting Koreans living in Belgium, with back-to-back summit meetings with the leaders of Belgium and the European Union set for later in the day. Lee is seeking to expand cooperation on trade, supply chains and security on his 10-day European tour, ahead of the Group of Seven summit in France. Lee began his trip in Brussels on Tuesday, where he and first lady Kim Hea Kyung were formally received by Belg

By The Korea Herald

EU proposes 21st package of sanctions against Russia, targeting banks and crypto platforms

The package also includes import restrictions on fish for the first time as ​well as import and ​export restrictions on high-performance metal alloys

By Julia Payne

New rule will soon make cancelling online orders easier

The EU says it should be just as easy to cancel an online order or subscription as it is to start one.

Beijing warns EU on new sanctions over Ukraine war

China warned the European Union on Wednesday against sanctioning its companies, after Brussels proposed a fresh wave of measures over Beijing’s support for Russia in its war with Ukraine. The EU’s latest round of sanctions since Moscow’s 2022 invasion of Ukraine seeks, among other aims, to complicate commercial activities by companies in third countries that allegedly support […]

By AFP

EU Targets Head Of Russian Orthodox Church With Sanctions

EU Targets Head Of Russian Orthodox Church With Sanctions What is there left to sanction in Russia? Apparently the European Union still sees plenty of opportunity to punish Russia over the Ukraine war, and is set to go after even religious leaders, now in year five of the conflict and many sanctions packages later. The head of the Russian Orthodox Church, Patriarch Kirill, is among many names to be targeted in the EU's latest anti-Moscow sanctions proposal. Kirill has long been ...

By Tyler Durden

China warns EU against imposing sanctions on Chinese firms over Russia links

China warns the EU against imposing sanctions on Chinese companies over alleged links to Russia’s war in Ukraine, threatening countermeasures. Read More: https://punchng.com/china-warns-eu-against-imposing-sanctions-on-chinese-firms-over-russia-links/

By Punch Newspapers

Baltic, Nordic leaders support opening all 6 EU negotiating clusters for Ukraine

The eight prime ministers of the Baltic and Nordic countries on Tuesday said they backed the opening of European Union accession negotiations for Ukraine this summer.

EU orders Meta to open WhatsApp to rival AI chatbots

The EU has told Meta that it must allow AI chatbots operated by rival firms to use WhatsApp for free.

By Abubakar Ibrahim

Poll Finds More Icelanders Oppose EU Membership Than Support It

A new poll suggests opposition to Iceland joining the European Union has increased, with more respondents now against membership than in favour. As reported by RÚV, the survey was conducted by Gallup for the Business Journal. It found that 54% of those expressing a view opposed Iceland becoming a member of the European Union, while… The post Poll Finds More Icelanders Oppose EU Membership Than Support It appeared first on Iceland Review.

By Michael Chapman