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☆ Davos: Zelensky warns Putin’s war must not become ‘frozen’ as Ukraine faces shortage of weaponry and aid
▼ + stars: | 2024-01-16 | by ( Christian Edwards | Niamh Kennedy | ) edition.cnn.com time to read: +6 min

Is the third world war possible? Putin’s war was less than a year old when Zelensky last spoke at Davos via a video link in January 2023. Zelensky said the West's fears that supplying weapons would escalate the war cost Ukraine time, lives and opportunities. Speaking at Davos shortly before Zelensky, NATO Secretary-General Jens Stoltenberg said only continued support for Ukraine would make Putin to relent. “And the paradox is that, if we want that to happen… the way to get there is [to send] more weapons to Ukraine.

Persons: Volodymyr Zelensky, Zelensky, “, Putin, ” Zelensky, Valery Zaluzhny, Ukraine’s, Ursula von der Leyen, Von der Leyen, ” Von der Leyen, Ursula Von der Leyen, Gian Ehrenzeller, ’, ”, Fabrice Coffrini, Jens Stoltenberg, ” Stoltenberg Organizations: CNN, Economic, Hamas, ”, Getty, NATO Locations: Davos, Switzerland, Ukraine, Russia, Kherson, Kharkiv, Kyiv, Pyongyang, Tehran, AFP

KYIV, Ukraine (AP) — Russian attacks in Ukraine wounded at least 14 civilians over the past day, officials said Saturday, as the president of the European Union's executive arm returned to the Ukrainian capital to meet with President Volodymyr Zelenskyy. Overall, 26 cities and settlements in the region came under attack over the past day, he said. He said that attacks in the region came from artillery, mortars, drones, warplanes and tanks. European Commission President Ursula von der Leyen arrived in Kyiv on Saturday morning and was met by Zelenskyy at the train station. This is impressive to see,” von der Leyen said after the meeting with Zelenskyy.

Persons: Volodymyr Zelenskyy, Malashko, Oleksandr Prokudin, Serhii Lysak, Ursula von der Leyen, Zelenskyy, von der Leyen, ” von der Leyen, “ Organizations: Gov, EU Locations: KYIV, Ukraine, Russian, Zarichne, Kherson, Dnipropetrovsk, Kyiv, russia, ukraine

The Oval Office sit-down comes at a moment when domestic U.S. political chaos could further destabilize an increasingly chaotic world. One day ahead of his meeting with Biden, European Council President Charles Michel expressed optimism that Biden can deliver on his promises to help arm and financially support Ukraine. But some House Republicans have questioned the value of aid to Ukraine at the levels sought by Biden. Republican lawmakers have failed to find a successor, leading to concerns that Biden's commitments with the EU could be in jeopardy. We put all that at risk if we walk away from Ukraine, if we turn our backs on Israel."

Persons: —, Joe Biden, Biden's, Biden, Charles Michel, “ I’m, Joe Biden’s, ” Michel, “, Michel, Ursula von der Leyen, Joe, ”, Donald Trump's, Federico Steinberg, ” Steinberg, Von der Leyen, von der Leyen, ” von der Leyen, ” Biden, There’s, Kevin McCarthy, Raf Casert Organizations: WASHINGTON, European Union, The, EU, European, Hamas, Israel, Center for Strategic, International Studies, U.S, World Trade Organization, Hudson Institute, Russia, Associated Press, Republicans, GOP, Republican Locations: United States, Ukraine, Israel, Russia, U.S, China, EU, Europe, Washington, Kyiv, “, Mexico, Taiwan, Brussels

☆ Gaza conditions worsen by the hour as fresh wave of protests expected across Middle East
▼ + stars: | 2023-10-20 | by ( Rhea Mogul | ) edition.cnn.com time to read: +8 min

The population of southern Gaza has swelled in recent days after the Israeli military told around one million residents to leave northern Gaza ahead of the expected Israeli ground incursion. Early Friday morning, CNN’s Nic Robertson witnessed increased military activity along Israel’s border with Gaza. Protests in the Middle EastIsraeli warplanes’ relentless bombardment has left hundreds of thousands of people homeless and sparked growing protests across the Middle East. Anti-Israel protests gained momentum this week after hundreds of Palestinians were killed Tuesday in a blast at the Al-Ahli Baptist Hospital in Gaza. With anti-Israel protests rising across the Middle East there are fears other fronts could open up, particularly on Israel’s northern border with Lebanon where Hezbollah dominates and has increasingly clashed with Israel’s military over the last week.

Persons: Joe Biden, ”, heightening, Biden, Israel, Khaled Desouki, Guillemette Thomas, Mohammed Abed, Israel’s, Hassan Yousef, Yousef, Yoav Gallant, “, Benjamin Netanyahu, CNN’s Nic Robertson, Ursula von der Leyen, ” von der Leyen Organizations: CNN, UN, UN Human Rights, Getty, Shifa, Hamas, of Interior, National Security, Jerusalem, Israel Defense Forces, ” CNN, Health Ministry, West Bank, Palestinian Legislative, Israeli, East, Hudson Institute, Israel, Al, Ahli Baptist Hospital, United Arab Locations: Gaza, Egypt, Lebanon, AFP, Palestine, Jerusalem, St, Porphyrius, Gaza City, Israel, Egypt’s, Washington ., Ahli, Saudi Arabia, Jordan, United Arab Emirates, Iraq

Brussels/London CNN —The European Union is launching an investigation into China’s state support for makers of electric vehicles as soaring imports of their cars stoke fears for the future of European auto manufacturers. “So I can announce today that the commission is launching an anti-subsidy investigation into electric vehicles coming from China.”Europe levies a duty of 10% on cars imported from China. That compares with duty of 27.5% in the United States, and China’s manufacturers have taken advantage to carve out a significant and rapidly growing foothold in the European market. And in the last five years, EU imports of Chinese cars have quadrupled. The European Commission investigation could lead to the imposition of tariffs on Chinese EV imports, and von der Leyen’s announcement rattled the stocks of China’s biggest EV companies listed in Hong Kong.

Persons: Ursula von der Leyen, “, ” von der Leyen, von der, Warren Buffett, Nio, Li Yunfei, Oliver Zipse, Luca de Meo, ”, Sigrid de Vries, Laura Organizations: London CNN, China Passenger Car Association, UBS, The, EV, European Automobile Manufacturers ’ Association, Senior, EU, Jato Dynamics, BMW, Renault, European Locations: Brussels, London, Europe, China, United States, Hong Kong

“Global markets are now flooded with cheaper Chinese electric cars, and their price is kept artificially low by huge state subsidies. This is distorting our market,” European Commission President Ursula von der Leyen told EU lawmakers in Strasbourg, France. “As we do not accept this distortion from the inside in our market, we do not accept this from the outside,” von der Leyen said. “So, I can announce today that the commission is launching an anti-subsidy investigation into electric vehicles coming from China.”China’s leaders have helped make the country the biggest market for electric vehicles by investing billions of dollars in subsidies to get an early lead in what is seen as a promising industry. We must defend ourselves against unfair practices,” von der Leyen said.

Persons: Ursula von der Leyen, ” von der Leyen, ”, Geely Organizations: “, Global, BYD, Volvo Locations: BRUSSELS, China, Strasbourg, France, Japan, Europe, “ Europe

☆ EU blesses transatlantic data sharing deal
▼ + stars: | 2023-07-10 | by ( Brian Fung | ) edition.cnn.com time to read: +2 min

Those data flows had been threatened when a previous EU-US agreement was struck down in 2020 by Europe’s top court over insufficient privacy protections for EU citizens. With the EU’s approval, the new agreement again allows businesses to transfer European data to the United States as if it were another EU member state, without requirements to implement additional privacy safeguards. Monday’s so-called “adequacy decision” by the European Commission paves the way for companies to sign up for the EU-US Data Privacy Framework, which entered into force the same day. The order also provided for the creation of a new court-like body that can force US companies to delete EU citizens’ data if an investigation determines that EU citizens’ privacy rights were violated. EU citizens will be able to file individual complaints to the Data Protection Review Court.

Persons: Joe Biden, Ursula von der Leyen, ” von der Leyen, “, Max Schrems Organizations: Washington CNN, Union, Monday, Europe’s, European Commission, EU, Data Locations: United States, EU

☆ G7 leaders gather on China's doorstep to seek unified response to Beijing
▼ + stars: | 2023-05-19 | by ( Nectar Gan | ) edition.cnn.com time to read: +8 min

‘Economic coercion’Another important theme of the summit will be economic security, including how to counter China’s economic pressure tactics. As the G7 summit gets underway, Chinese officials will be closely watching from Beijing and will not hide their displeasure, experts say. In the lead-up to the summit, Beijing has already berated a statement by G7 foreign ministers. Similarly, Beijing also lashed out at accusations of its “economic coercion,” claiming it is the “victim of US economic coercion” rather than a perpetrator. And while China is not invited to Hiroshima, it is hosting its own summit with Central Asia countries, experts noted.

☆ Victory Day analysis: Putin tried to project strength, but Moscow parade revealed only his isolation
▼ + stars: | 2023-05-09 | by ( Nathan Hodge | ) edition.cnn.com time to read: +7 min

CNN —For Russian President Vladimir Putin, this year’s Victory Day parade in Red Square was a chance to continue his war on history. It has become a pawn to their cruel and selfish plans.”Despite the pomp of the parade, Putin cuts an increasingly isolated figure. In Russia, Putin and his regime have destroyed these values. A lone Soviet-era T-34 tank leads the procession in Moscow in contrast to the large array of military hardware on display on previous Victory Day parades. “Victory Day is the victory of our grandfathers,” he said.

☆ Brexit slammed the UK economy. The Northern Ireland deal gives it hope
▼ + stars: | 2023-02-28 | by ( Hanna Ziady | ) edition.cnn.com time to read: +8 min

It delivers “long-lasting solutions” that will work for the people and businesses of Northern Ireland, she added. It also allows the UK government to determine sales tax rates for businesses in Northern Ireland and gives the Northern Ireland government emergency powers to oppose new EU rules on some goods. A boost to BritainBeyond its importance to Northern Ireland, the deal eases the uncertainty Brexit created for Britain. The new Northern Ireland deal opens the door to closer UK-EU cooperation on financial services, energy, immigration and scientific research, according to experts. “You need to address the Protocol before you do anything else,” said Anna Jerzewska, the founder of international trade consultancy Trade & Borders.

London CNN —The European Union is setting up a working group to examine whether frozen Russian assets can be used to rebuild Ukraine. The statement added that part of this work would involve obtaining a “clearer picture” of where Russian state-owned assets are located and their value. “In principle, it is clear-cut: Russia must pay for the reconstruction of Ukraine,” Swedish Prime Minister Ulf Kristersson said. A senior EU official estimated earlier this month that the European Union and Western allies had frozen more than $300 billion in Russian central bank assets that could potentially be used to rebuild Ukraine. The European Union is also working on a tenth package of sanctions against Russia.

☆ E.U. outlines plan for clean tech future boosted by subsidies
▼ + stars: | 2023-01-17 | by ( Associated Press | ) www.nbcnews.com time to read: +3 min

“We know that we have a small window to invest in clean tech and innovation to gain leadership before the fossil fuel economy becomes obsolete,” von der Leyen said. EU Commission President Ursula von der Leyen delivers a speech at the World Economic Forum in Davos, Switzerland on Jan. 17, 2023. “We have a compelling need to make this net-zero transition without creating new dependencies,” von der Leyen said. already waved through 672 billion euros ($727.5 billion) in aid to allow member states to deal with the impact of the war in Ukraine, any E.U. member states, European Commission Vice President Margrethe Vestager wrote last week that the U.S. plan “risks luring some of our E.U.

☆ Europe agrees to cap the price of Russian oil at $60 a barrel
▼ + stars: | 2022-12-02 | by ( Julia Horowitz | ) edition.cnn.com time to read: +4 min

London CNN Business —The European Union has reached a consensus on the price at which to cap Russian oil just days before its ban on most imports comes into force. Capping the price of Russian oil between $65 and $70 a barrel, a range previously under discussion, wouldn’t have caused much pain for the Kremlin. “Today’s oil price cap agreement is a step in right direction, but this is not enough,” Estonian foreign minister Urmas Reinsalu tweeted Friday. The price cap is designed to be enforced by companies that provide shipping, insurance and other services for Russian oil. Confusion about the impact of that measure, along with lingering questions about the price cap, have unsettled traders.

☆ U.N. secretary general says ‘polluters must pay,’ calls for extra tax on fossil fuel profits
▼ + stars: | 2022-09-20 | by ( Anmar Frangoul | ) www.nbcnews.com time to read: +5 min

The U.N. secretary general said Tuesday that developed economies should impose an extra tax on the profits of fossil fuel firms, with the funds diverted to countries affected by climate change and households struggling with the cost-of-living crisis. But it’s high time to put fossil fuel producers, investors and enablers on notice.”“Polluters must pay. Back in May, for example, the U.K.’s former finance minister, Rishi Sunak, announced details of what he called a “temporary, targeted energy profits levy” on oil and gas firms. And therefore, our proposal also includes the fossil fuel electricity producers, who have to give a crisis contribution.”Overall, von der Leyen said the proposal would raise over 140 billion euros, or around $140.1 billion. “And transition means transition — it means it takes some time.”“The idea that we can turn off the taps and end fossil fuels tomorrow, it’s obviously ridiculous and naive,” Winters said.

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