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☆ Europe’s centrists are flocking to the right on migration, as a far right surge and a border crisis spooks the continent
▼ + stars: | 2024-10-20 | by ( Rob Picheta | ) edition.cnn.com time to read: +10 min

Increasingly, Europe’s centrist figureheads are dropping their once-high-minded rhetoric on irregular migration, reaching instead for positions that were previously the preserve of the continent’s populist rabble-rousers. In Poland, like in much of Europe, “voters across the board expect that border security and migration controls are the priority,” Kucharczyk said. But Thursday’s victory for Tusk in Brussels underscores a broader, rightward shift across Europe on the issue of irregular migration. “It’s an existential issue for this coalition, and they don’t want to take chances on issues like migration,” Kucharczyk said. The wider question is whether the longstanding principles of the border-free Schengen Area can survive an enduring era of rising migration and populist subversion.

Persons: Donald Tusk, ” Tusk, Spain’s Pedro Sanchez –, Tusk, ” Jacek Kucharczyk, Emmanuel Macron, Germany’s, Olaf Scholz, ” Kucharczyk, ”, Adnan Beci, Ursula von der Leyen, Chancellor Scholz, Keir Starmer –, –, Scholz, Thomas Niedermueller, Italy’s, Giorgia Meloni, “, Marta Welander, PiS, Poland’s, Kucharczyk Organizations: CNN, European Union Council, of Public Affairs, Wednesday, Getty, European Commission, EU, Committee, Law and Justice, SPD, ISIS, – Locations: Brussels, Poland, EU, Belarus, Europe, Russia, Albania, Warsaw, AFP, EU’s, France, Luxembourg, Netherlands, Belgium, Denmark, Finland, Solingen, Hungary, Slovakia

☆ Left and right prey on weak French government as it prepares 'austerity' budget
▼ + stars: | 2024-10-09 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

French Prime Minister Michel Barnier (C) ahead of his general policy statement to the French National Assembly in Paris on October 1, 2024. The budget is being widely previewed as an "austerity" budget that will see the government of new Prime Minister Michel Barnier present tax-hiking and cost-cutting measures that could rile opposition parties on both the left and right, and even the centrists that put him in power. In sum, Barnier's government is a fragile one and vulnerable to predatory challenges from the left and right of the political spectrum. But such a large dose of austerity may make even 1.1% growth difficult to achieve," he said in emailed analysis. "Finally, even if the budget is passed and does not dent economic growth too much, France's fiscal position would still be precarious.

Persons: Michel Barnier, Alain Jocard, Barnier, Antoine Armand, France's, —, La France Insoumise, Remon Haazen, Emmanuel Macron, Macron, Andrew Kenningham, Kenningham, Marine Le Pen, Carsten Nickel, Nickel, Tom Weller, voigt, Benoit Tessier Organizations: French, French National Assembly, EU, Afp, Getty, National Assembly, Finance, European Commission, Republique, La, Populaire, Capital Economics, Republicans, Stade de France, Olympic Games Locations: Paris, France, La France, Europe, French

☆ UniCredit's pursuit of Commerzbank reflects a watershed moment for Europe — and its banking union
▼ + stars: | 2024-09-26 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +4 min

Kirill Kudryavtsev | Afp | Getty ImagesEuropean banking's latest takeover battle is widely regarded as a potential turning point for the region — particularly the bloc's incomplete banking union. Whatever the outcome of UniCredit's swoop on Commerzbank, Marsh said the episode marks "another huge test" for German Chancellor Olaf Scholz. What is Europe's banking union? OMFIF's Marsh said Germany's opposition to UniCredit's move on Commerzbank means Berlin "now stands accused of favouring European banking integration only on its own terms." The logo of German bank Commerzbank seen on a branch office near The Commerzbank Tower in Frankfurt.

Persons: Kirill Kudryavtsev, Italy's UniCredit, David Marsh, Marsh, Olaf Scholz, Scholz, –, Germany's Scholz, OMFIF's Marsh, UniCredit's, Daniel Roland, Onur Genç, Mario Centeno, CNBC's, —, Centeno Organizations: European Central Bank, Afp, Getty, London, European Union, CNBC, BBVA, Banco Sabadell, Reuters, European Central Bank's Governing, EU Locations: Frankfurt, Germany, Germany's, Milan, Europe, Commerzbank, Italy, Berlin, Spanish, Brussels, Spain

☆ Microsoft's GitHub gives clients option to keep sensitive code in EU only, in data sovereignty push
▼ + stars: | 2024-09-24 | by ( Ryan Browne | ) www.cnbc.com time to read: +6 min

Firms will be able to control the "data residency" of software code stored on GitHub — effectively meaning they can decide which regions the data is kept in. GitHub Enterprise Cloud is a paid product the firm only offers to businesses. "The EU has been in the center of this [data residency] movement since the beginning of the cloud days." Going forward, GitHub plans to roll out data residency within its GitHub Enterprise Cloud across other regions, including Australia, Asia, and Latin America. EU push for digital 'sovereignty'GitHub's data residency push ties into a broader political and regulatory theme within the EU around so-called digital "sovereignty."

Persons: GitHub, Jonathan Raa, —, Thomas Dohmke, Dohmke, Shelley McKinley, Mario Draghi, Draghi, GitHub's Dohmke, it'll Organizations: Microsoft, Nurphoto, Getty Images Microsoft, European Union, EU, Companies, CNBC, European Central Bank Locations: Europe, Australia, Asia, America, EU, China, France, Finland

☆ Correction in the yen was overdue, former European Central Bank chief Trichet says
▼ + stars: | 2024-08-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCorrection in the yen was overdue, former European Central Bank chief Trichet saysJean-Claude Trichet, former president of the European Central Bank and former governor of the Bank of France, discusses Monday's sharp market movements and the next steps for the U.S. Federal Reserve.

Persons: Trichet, Jean, Claude Trichet Organizations: European Central Bank, Bank of France, U.S . Federal Reserve

☆ Japan’s Prime Minister Fumio Kishida apologizes to people forcibly sterilized under former eugenics law
▼ + stars: | 2024-07-17 | by ( Jessie Yeung | ) edition.cnn.com time to read: +4 min

Tokyo CNN —Japan’s Prime Minister Fumio Kishida has formally apologized to a group of plaintiffs who were forcibly sterilized under the country’s decades-long former eugenics law following their lengthy campaign for justice. At least 25,000 people were sterilized under the law, Kishida told a meeting at his official residence of about 130 survivors, many now elderly and in wheelchairs, public broadcaster NHK reported Wednesday. Prime Minister Fumio Kishida apologizes during a meeting with the plaintiffs and their supporters at his official residence in Tokyo on July 17, 2024. Besides an official apology, the plaintiffs have also demanded a compensation law that would benefit all survivors, even those who haven’t filed lawsuits. “I heard the apology directly from the prime minister to the victims, but I think we could have heard it earlier,” said Koji Niisato, an attorney for plaintiffs, according to NHK.

Persons: Fumio Kishida, Kishida, “, ” Kishida, Kikuo Kojima, ’, ” “, ”, JIJI Press, haven’t, Koji Niisato Organizations: Tokyo CNN — Japan’s, NHK, Protection, JIJI, Getty, Eugenics, “ Locations: Tokyo, Japan

☆ 'Blowout' in French borrowing costs still to come amid economic deadlock, veteran investor says
▼ + stars: | 2024-07-10 | by ( Jenni Reid | ) www.cnbc.com time to read: +3 min

watch nowFrench borrowing costs still face a "blowout" over those of Germany, as political and economic reality sets in following the country's parliamentary election, according to veteran investor David Roche. Bond yields move inversely to prices and represent the change in borrowing costs for a government — also indicating long-term investor confidence in the economy. Now, my view is that it will happen," Roche told CNBC's "Squawk Box Europe" on Tuesday. watch nowAlong with economic growth prospects, a key watch-point for investors is France's hefty budget deficit and high debt-to-GDP ratio of 110%. There are about seven major pillars, they suddenly will go absolutely nowhere, which is disastrous for Europe," Roche told CNBC.

Persons: David Roche, Jean, Claude Trichet, —, Emmanuel Macron, Roche, CNBC's, shorting, Macron, " Roche Organizations: European Central Bank, CNBC, Quantum, French National Assembly, European Commission, National Locations: Germany, France, Europe, Italy, Ukraine

You'll need a VPN to access free France vs. Portugal live stream options outside their original broadcast country. How to watch free France vs. Portugal live streams from anywhereWith a quick and easy workaround, you can catch all Euro 2024 action for free, including France vs. Portugal today. ET / 8 p.m. BST / 3 a.m. AWSTWhere to watch France vs. Portugal in the USAFox/FS1 has picked up the rights to all remaining games in the USA, including France vs. Portugal. BBC specifically has the free France vs. Portugal live stream today. Where to watch France vs. Portugal in AustraliaOptus Sport, a paid streaming service, exclusively holds all the Euro 2024 live streams in Australia.

Persons: Ronaldo, you'll, ExpressVPN, FS1, That's Organizations: Business, France, Portugal, BBC, Olympics, Wimbledon, RTE2, ZDF, USA Fox, Fox, Nations, ITV, Australia Optus Sport, Optus Locations: Mbappe, France, Portugal, Europe, Ireland, Germany, Italy, USA, Australia

☆ Japan court orders government to pay damages for forced sterilizations under now-defunct eugenics law
▼ + stars: | 2024-07-04 | by ( Jessie Yeung | Junko Ogura | ) edition.cnn.com time to read: +3 min

Tokyo CNN —In a landmark decision, Japan’s Supreme Court has ordered the government to pay damages to people who were forcibly sterilized under a now-defunct eugenics law, ruling the practice was unconstitutional and had violated their rights. About 25,000 people were sterilized without consent during that period, according to the court ruling, citing ministry data. In the fifth case, the lower court had ruled against the plaintiffs and dismissed their case, citing the 20-year statute of limitations. The Supreme Court overturned this decision on Wednesday, calling the statute “unacceptable” and “extremely contrary to the principles of justice and fairness.”The case is now sent back to the lower court to determine how much the government should pay. In a press conference after the court ruling, Chief Cabinet Secretary Yoshimasa Hayashi expressed the government’s remorse and apology to victims, NHK reported.

Persons: Wednesday’s, Yuichi Yamazaki, ”, Saburo Tokura, Yoshimasa Hayashi, Fumio Kishida Organizations: Tokyo CNN, Supreme, Getty, NHK, – Locations: Japan, Tokyo, AFP

☆ UK’s Nigel Farage sparks outrage from political opponents after saying West ‘provoked’ Ukraine war
▼ + stars: | 2024-06-22 | by ( Rosa Rahimi | ) edition.cnn.com time to read: +2 min

CNN —Nigel Farage, a figurehead of the UK’s populist right, has sparked outrage from political opponents after saying the West “provoked” Russia’s invasion of Ukraine. “We’ve provoked this war – of course it’s his fault – he’s used what we’ve done as an excuse,” he said. Farage – a former EU parliamentarian – claimed to be “the only person in British politics” to predict the invasion of Ukraine. “I am one of the few figures that have been consistent & honest about the war with Russia,” he wrote. He added that Farage has “shown that he would rather lick Vladimir Putin’s boot than stand up for the people of Ukraine.”

Persons: Nigel Farage, ”, Farage –, Brexit –, Farage, Putin, Nick Robinson, “ We’ve, –, “, “ Putin, Rishi Sunak, ” James, Ben Wallace, John Healey, Vladimir Organizations: CNN, BBC, NATO, European Union, ”, Conservative, Labour Locations: Ukraine, Brexit, EU, Russia, ”

☆ Europe is reckoning with a 'much more unpredictable' U.S., former EU chief says
▼ + stars: | 2024-06-11 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

Former European Commission President Jose Manuel Barroso speaks on stage during the 2022 Concordia Annual Summit in New York on September 20, 2022. Leigh Vogel | Getty Images Entertainment | Getty ImagesA more "unpredictable" U.S. will only add to the challenges facing the incoming European Parliament as it navigates increasingly fraught ties with China and Russia, according to former EU Commission President José Manuel Barroso. "It's not just that the European Union is facing a much more aggressive Russia, a much more assertive China, it's also facing a much more unpredictable United States of America. watch nowBarroso, who served as commission president from 2004 to 2014, said that the U.S. remains the EU's "biggest ally," and that the two sharing close ties, including within NATO. "Today there are some doubts about which way the United States can go.

Persons: Jose Manuel Barroso, Leigh Vogel, José Manuel Barroso, Barroso, Donald Trump, It's, it's, CNBC's Silvia Amaro Organizations: European, Getty, EU, CNBC, Republican, U.S, NATO, Goldman Sachs Locations: New York, China, Russia, Europe, States of America, Ukraine, U.S, United States

☆ Here’s what we learned from the European elections as a far-right surge upends national politics
▼ + stars: | 2024-06-10 | by ( Rob Picheta | ) edition.cnn.com time to read: +7 min

Far-right parties across the continent had strong showings, but their momentum did not cause the center ground of European politics to cave in – as many had predicted. Those gains did materialize; far-right groups were expected to secure a record number of seats in the European Parliament, dealing a major blow to the continent’s establishment leaders. Most of the far-right gains were concentrated in countries that elect large numbers of seats: France, Italy and Germany. Several other far-right parties are among the non-aligned (NI) group, predicted to secure 45 seats. The center holdsDespite a far-right surge, the centrist European People’s Party (EPP) was the biggest single winner on Sunday night.

Persons: –, Maximilian Krah, Ursula von der Leyen, ”, Von der Leyen, ” Von der Leyen, Emmanuel Macron, Marine Le, ” Macron, Marion Maréchal, Jordan Bardella, Alexander De Croo, ” De Croo, Meloni, Tusk, Giorgia Meloni, Brothers, Benito Mussolini, von der Leyen, Donald Tusk’s, Viktor Orbán, Bas Organizations: CNN, Green, Nazi, European People’s Party, EPP, Progressive Alliance of Socialists, Commission, Ukraine, Marine, Assembly, French, Ministry, Italy’s, Italy, Law and Justice, PiS, European, Fidesz, Greens, Bas Eickhout, EFA, European Green Party, European Commission Locations: –, France, Europe, Italy, Germany, Brussels, France’s, “, Ukraine, Poland

☆ There is 'anxiety' in Europe over the U.S. presidential election, former EU chief says
▼ + stars: | 2024-06-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere is 'anxiety' in Europe over the U.S. presidential election, former EU chief saysFormer European Commission President José Manuel Barroso says Europe is weighing the prospect of a more "unpredictable" U.S. ahead of the upcoming presidential election.

Persons: José Manuel Barroso Organizations: U.S Locations: Europe

A man shelters from the rain under an umbrella as he walks past the Euro currency sign in front of the former European Central Bank (ECB) building in Frankfurt am Main, western Germany. Euro zone government bond yields extended gains Thursday afternoon, shortly after the European Central Bank announced its first interest rate cut in five years. Germany's 10-year bond yield, seen as the euro area benchmark, was up 6 basis points to 2.557% at 3:12 p.m. London time. The country's 2-year bond yield was higher by 4 basis points to 3.025%. Italy's 10-year bond yield was up 7 basis points to 3.88%, while the yield of the Spanish bond of the same maturity added 6 basis points to 3.29%.

Organizations: European Central Bank, ECB, Bank Syz Locations: Frankfurt, Germany, London

☆ Georgia rocked by protests as government pushes Putin-style ‘foreign agent’ bill
▼ + stars: | 2024-05-03 | by ( Christian Edwards | ) edition.cnn.com time to read: +9 min

CNN —After spending his days making wine in the foothills of the Caucasus Mountains, Tsotne Jafaridze returns home to Tbilisi, Georgia’s capital, and begins his new routine. Jafaridze, who also owns a travel business and says he receives 95% of his income from foreign sources, says he would “immediately” be listed as a foreign agent under the broadly-written law. But the government reintroduced the same bill in March and appears determined to force it through, despite protests that grow fiercer every week. Despite recent Russian aggression against Georgia, Georgian Dream has long been accused of harboring pro-Russian sympathies and its billionaire founder, Bidzina Ivanishvili, made his fortune in the Soviet Union. Bidzina Ivanishvili addresses a rally in support of the "foreign agent" law in Tbilisi, April 29, 2024.

Persons: Jafaridze, ”, Vladimir Putin, “, Giorgi Arjevanidze, isn’t, ” Natalie Sabanadze, –, Levan Khabeishvili, Khabeishvili, Bidzina Ivanishvili, ” Buziashvili, Ivanishvili, Bidzina, Shakh, Sabanandze, Irakli Kobakhidze, Kobakhidze, ” Sabanadze, Viktor Orban, Europe’s, Matthew Miller, Washington, Georgia “, Irakli Gedenidze, Viktor Yanukovych, doesn’t Organizations: CNN, European Union, Getty, EU, United National Movement, National Security Council, Soviet Army, Soviet Union, Belarus ’, Party, Georgian, Conservative Political, United, State Department, Protesters, Reuters Locations: Caucasus, Tbilisi, Georgia’s, Russia, Georgian, Russian, Soviet, AFP, Brussels, Georgia, Belarus, Ukraine, Soviet Union, Hungary, Hungarian, United States, stoke, ”

☆ Top EU official warns on 'weaponization of trade' as tensions ramp up between the U.S. and China
▼ + stars: | 2024-04-17 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Valdis Dombrovskis, Vice-President of the European Commission for the Euro & Social Dialogue, photographed at the Renaissance Harbour View Hotel in Wan Chai. 02DEC17 SCMP/ Xiaomei Chen (Photo by Chen Xiaomei/South China Morning Post via Getty Images)The European Union's trade chief on Wednesday warned against the "weaponization" of trade amid the latest ratcheting up of tensions between the U.S. and China. EU trade commissioner Valdis Dombrovskis told CNBC that he did not believe trade "protectionism" was the answer to heightened geopolitical tensions, but insisted that the bloc was willing to defend itself in the new trade environment. "The geopolitical landscape is changing, it's getting more fragmented, it's getting more conflictual, we see the weaponization of trade. So we need to equip ourselves also as the European Union to function in this more conflictual world," Dombrovskis told CNBC's Karen Tso.

Persons: Valdis Dombrovskis, 02DEC17, Xiaomei Chen, Chen Xiaomei, Dombrovskis, Karen Tso, Mario Draghi, Joe Biden, Katherine Tai Organizations: European Commission, South China Morning, Getty, U.S, CNBC, European Union, European Central Bank, U.S . Trade Locations: Wan Chai, South, China, EU, Pennsylvania, U.S

☆ Why the Age Issue Is Hurting Biden So Much More Than Trump
▼ + stars: | 2024-02-10 | by ( Rebecca Davis O Brien | ) www.nytimes.com time to read: +1 min

Donald J. Trump has praised Hungary’s prime minister, Viktor Orban, for his leadership of Turkey, and confused Nikki Haley and Nancy Pelosi. President Biden has named dead former European leaders when describing his contemporary peers, and referred to Egypt as Mexico. The episodes might have raised parallel concerns about age and mental acuity. Instead, while Mr. Biden, 81, has been increasingly dogged by doubts and concerns about his advancing years from voters, Mr. Trump, who is 77, has not felt the same political blowback. Fewer than half of voters have expressed similar misgivings about Mr. Trump.

Persons: Donald J, Trump, Viktor Orban, Nikki Haley, Nancy Pelosi, Biden Organizations: New York Times, Siena College Locations: Turkey, Egypt, Mexico

☆ Dutch far-right Geert Wilders' hopes of becoming prime minister sink after coalition talks collapse
▼ + stars: | 2024-02-07 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +3 min

LONDON — Far-right Dutch lawmaker Geert Wilders' hopes of becoming prime minister of the Netherlands are dwindling after coalition talks fell into disarray Tuesday. Wilders took to social media Tuesday evening to berate Omtzigt's withdrawal, calling the decision "incredibly disappointing." I don't understand it at all," Wilders wrote in a post on X, according to a Google translation. However, former Labor Party minister Ronald Plasterk, who has been leading the talks, earlier flagged finances as a major sticking point in talks. Alternatively, if no combination of parties can agree to form a coalition, a new election could be called.

Persons: Geert Wilders, Pieter Omtzigt, vexing Wilders, Wilders, Omtzigt's, Omtzigt, Mark Rutte, Caroline van der Plas, Ronald Plasterk, European Union —, Plasterk, Frans Timmermans Organizations: Party for Freedom, NSC, BBB, Labor, Reuters, European Union, Labour, Green Locations: Netherlands, Dutch, Europe

☆ Finns go to the polls to elect a new president at an unprecedented time for the NATO newcomer
▼ + stars: | 2024-01-28 | by ( ) www.cnbc.com time to read: +4 min

Polls across the country opened at 9 a.m. (0700 GMT) and will close at 8 p.m. (1800 GMT). The president also acts as the supreme commander of the Finnish military, a particularly important duty in Europe's current security environment. They are picking a successor to hugely popular President Sauli Niinistö, whose second six-year term expires in March. Recent polls suggest that former Prime Minister Alexander Stubb, 55, and ex-Foreign Minister Pekka Haavisto, 65, are the leading contenders. Advance vote results will be confirmed soon after polls close and initial results from Sunday's voting are expected by around midnight (2200 GMT).

Persons: Sauli Niinistö, Eve Kinnunen, Alexander Stubb, Pekka Haavisto, Stubb, Haavisto, Jussi Halla, Olli Rehn, Niinistö, Vladimir Putin of Organizations: Nordic, NATO, Union, National Coalition Party, United Nations, Finns, Bank of Finland, Associated Press, Green League Locations: Espoo, Finland, Russia, United States, China, Helsinki, Sunday's, Europe, Ukraine, Vladimir Putin of Russia, Nordic, Finland's, Sweden, Hungary

HELSINKI (AP) — Ex-Prime Minister Alexander Stubb was projected to win the first round of Finland's presidential election on Sunday and face runner-up Pekka Haavisto in a runoff next month. Finnish public broadcaster YLE projected that Stubb won the first round of the presidential election with 27.3% of the votes, while Haavisto, an ex-foreign minister, took second place with 25.8%. Recent polls suggest that former Prime Minister Alexander Stubb, 55, and ex-Foreign Minister Pekka Haavisto, 65, are the leading contenders. The president also acts as the supreme commander of the Finnish military, a particularly important duty in Europe's current security environment. About 4.5 million citizens were eligible to vote for Finland’s new head of state from an array of nine candidates — six men and three women.

Persons: —, Alexander Stubb, Pekka Haavisto, Stubb, Jussi Halla, aho, Sauli Niinistö, “, ”, Eve Kinnunen, Haavisto, Olli Rehn, Niinistö, Vladimir Putin of, ___ Kostya Manenkov, Sergei Grits Organizations: HELSINKI, YLE, Legal, Nordic, NATO, Union, National Coalition Party, Finns, Bank of Finland, Halla, Associated Press, Helsinki, Green League Locations: Finnish, Stubb, Finland, HELSINKI, Russia, United States, China, Helsinki, Sunday’s, Europe, Ukraine, Vladimir Putin of Russia, Nordic, Finland’s, Sweden, Hungary

U.S Secretary of State Antony Blinken speaks during the Transforming Food Systems in the Face of Climate Change event on the sidelines of the COP28 climate summit at Dubai Expo, in Dubai, United Arab Emirates December 1, 2023. SAUL LOEB/Pool via REUTERS Acquire Licensing RightsSummary COP 'side deals' have boomed in recent yearsVoluntary climate pledges yield mixed resultsSome have led to tougher CO2-cutting policiesDUBAI, Dec 2 (Reuters) - While the world's climate diplomats huddle over draft decisions to be made at the end of this year's U.N. climate summit, governments at COP28 are firing off a flurry of new promises for action. Among the expected pledges at COP28 are a goal to triple renewable energy capacity and initiatives on methane and coal power. These voluntary side deals have proliferated in recent years, even as global temperatures and greenhouse gas emissions continue to rise. "They go much further than what you can do multilaterally," said Marc Vanheukelen, a former EU official who led the bloc's work on an international methane emissions pledge launched at the COP26 climate summit in 2021.

Persons: Antony Blinken, SAUL LOEB, Marc Vanheukelen, Jonathan Banks, Laurie van der, OCI, It's, Erin Matson, Luiz Inácio Lula da Silva, Matson, Kate Abnett, Tommy Wilkes, Katy Daigle, Jon Boyle Organizations: Food Systems, United Arab Emirates, REUTERS Acquire, EU, Global, Air Task Force, Reuters, Bank, U.S, Change, WWF, Rainforest Alliance, Climate, Thomson Locations: Dubai, United Arab, DUBAI, COP28, Glasgow, U.S, Nigeria, Canada, The U.S, China, Russia, COP26, Britain, France, United States, Italy, Germany, Brazil

☆ COP28 Lines up New Climate Pledges - but Do They Work?
▼ + stars: | 2023-12-01 | by ( Dec. | At P.M. | ) www.usnews.com time to read: +5 min

By Kate AbnettDUBAI (Reuters) - While the world's climate diplomats huddle over draft decisions to be made at the end of this year's U.N. climate summit, governments at COP28 are firing off a flurry of new promises for action. Among the expected pledges at COP28 are a goal to triple renewable energy capacity and initiatives on methane and coal power. These voluntary side deals have proliferated in recent years, even as global temperatures and greenhouse gas emissions continue to rise. Unlike official summit decisions, which must be passed by consensus among the nearly 200 countries, voluntary pledges can be made quickly, and boldly, without the worry of one party objecting. "They go much further than what you can do multilaterally," said Marc Vanheukelen, a former EU official who led the bloc's work on an international methane emissions pledge launched at the COP26 climate summit in 2021.

Persons: Kate Abnett DUBAI, Marc Vanheukelen, Jonathan Banks, Laurie van der, OCI, It's, Erin Matson, Luiz Inácio Lula da Silva, Matson, Kate Abnett, Tommy Wilkes, Katy Daigle, Jon Boyle Organizations: Reuters, EU, Global, Air Task Force, Bank, U.S, Change, WWF, Rainforest Alliance, Climate Locations: COP28, Glasgow, U.S, Nigeria, Canada, The U.S, China, Russia, COP26, Britain, France, United States, Italy, Germany, Brazil

☆ Russian court rules in favour of VTB Bank's $122 mln claim from former European subsidiary
▼ + stars: | 2023-12-01 | by ( ) www.reuters.com time to read: +1 min

SummaryCompanies This content was produced in Russia where the law restricts coverage of Russian military operations in UkraineMOSCOW, Dec 1 (Reuters) - A Russian court has ruled that state-owned lender VTB's (VTBR.MM) claim for 112.6 million euros ($122.1 million) from its former European subsidiary should be paid, court filings showed on Friday. VTB in September filed a lawsuit seeking to recover debt from the former subsidiary, now called OWH SE, and applied for interim measures that were granted in full, leading the Russian court to freeze securities owned by OWH. Frankfurt-based VTB Bank (Europe) SE, already ring-fenced by regulators due to sanctions and in liquidation since last year, has been renamed OWH SE, its Chief Executive Officer Frank Hellwig said last month. German regulator BaFin said the measures had resulted in a complete ring-fencing of the subsidiary from its parent. ($1 = 0.9222 euros)Reporting by Elena Fabrichnaya; Writing by Alexander Marrow; editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

Persons: VTB, Frank Hellwig, OWH, BaFin, Elena Fabrichnaya, Alexander Marrow, Kirsten Donovan Organizations: VTB's, OWH ., VTB Bank, Thomson Locations: Russia, Ukraine MOSCOW, OWH . Frankfurt, Europe, Ukraine, VTB

WARSAW, Poland (AP) — Poland’s new parliament on Wednesday reinstated government funding for in vitro fertilization, previously banned by the conservative party which lost control of the legislature in the country's recent general election. Following a heated debate, lawmakers voted 268-118, with 50 abstentions, to guarantee state funding for IVF procedures, estimated at some 500 million zlotys ($125 million) a year. Political Cartoons View All 1273 ImagesSome 22,000 children were born during the program’s existence, according to Health Ministry figures. More than 100,000 children have been born through IVF since the procedure was first performed in Poland in 1987. Wednesday's vote underlined the strength of the new centrist majority in parliament, following the Oct. 15 general election.

Persons: —, Andrzej Duda, Duda, Marcin Mastelerek, Donald Tusk Organizations: Wednesday, Law, Health Ministry, European Union, Poland, EU Locations: WARSAW, Poland, Warsaw, Brussels

☆ Far-right populist Wilders sweeps Dutch parliamentary election, exit poll shows
▼ + stars: | 2023-11-23 | by ( ) www.cnbc.com time to read: +1 min

SCHEVENINGEN, NETHERLANDS - NOVEMBER 22: Geert Wilders (C), Dutch right-wing politician and leader of the Party for Freedom (PVV), reacts to the exit poll and early results that strongly indicate a victory for his party in the Dutch elections on November 22, 2023 in Scheveningen, Netherlands. Dutch voters have gone to the polls today in one of the most tightly contested general elections in recent years. Dutch anti-EU far-right populist Geert Wilders, who has vowed to halt all immigration to the Netherlands, was set for a major victory in parliamentary elections on Wednesday, an exit poll showed. Beating all predictions, the exit poll put Wilders' Freedom Party (PVV) at 35 out of 150 seats, 10 seats ahead of the closest rival, former EU Commissioner Frans Timmermans' Labour/Green Left combination. In a victory speech, Wilders vowed to bring an end to a "tsunami of asylum and immigration."

Persons: Geert Wilders, Carl Court, Wilders, Frans Timmermans, Robert Fico Organizations: Party for Freedom, Freedom Party, Labour Locations: SCHEVENINGEN, NETHERLANDS, Scheveningen , Netherlands, Dutch, EU, Netherlands, The Hague, Slovakia, Ukraine

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