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☆ F1's net-zero pledges are colliding with its ambitions to go truly global
▼ + stars: | 2024-04-01 | by ( Chris Hawes | ) www.cnbc.com time to read: +7 min

Oscar Piastri of McLaren during the Formula 1 Saudi Arabian Grand Prix at Jeddah Corniche Circuit in Jeddah, Saudi Arabia on March 9, 2024. But with the Japanese Grand Prix this coming weekend, F1's beleaguered boss Stefano Domenicali will finally be able to provide a rebuttal. F1's growing ambitions in the Middle East and the U.S. have at times transcended the sport. Las Vegas airports dealt with 400 private jets arriving for the Grand Prix, while Singapore saw a 63% increase in September flight arrivals compared to the previous year when its Grand Prix was pushed into October. Third placed Carlos Sainz of Spain and Ferrari celebrates on the podium during the F1 Grand Prix of Italy at Autodromo Nazionale Monza on September 03, 2023 in Monza, Italy.

Persons: Oscar Piastri, Stefano Domenicali, Alexander De Croo, Domenicali, Clive Mason, Stephane Bazire, Bazire, I've, Stefano, Colin Syn, We've, Francois Dumontier, Madeleine Orr, Paul Fowler, Carlos Sainz of, Dan Istitene Organizations: McLaren, Formula, Saudi, Jeddah Corniche, Nurphoto, Getty, United Arab, U.S, Belgian, Formula One, of Australia, Albert, Circuit, F1, Silverstone, CNBC, Las, Prix, Singapore, Singapore Grand Prix, Canadian, Italy's Emilia, Grand Prix, Williams, DHL, Ferrari, of, Autodromo Nazionale Monza Locations: Jeddah, Jeddah Corniche Circuit, Saudi Arabia, Belgium, Monza, Italy, Monaco, United Arab Emirates, Europe, America, Las Vegas, Singapore, Japan, Miami, Grand, Canada, Australia, Carlos Sainz of Spain

☆ Hungary's leader claims Trump told him he would cut off U.S. military aid to Ukraine
▼ + stars: | 2024-03-12 | by ( Vaughn Hillyard | Rebecca Shabad | ) www.cnbc.com time to read: +2 min

Hungarian Prime Minister Viktor Orbán said in a new interview that former President Donald Trump told him he would cut off U.S. military aid to Ukraine in an effort to end its conflict with Russia. NBC News reached out to the Trump campaign, which did not respond to a request for comment for over 24 hours. That is why the war will end, because it is obvious that Ukraine cannot stand on its own feet," Orbán said. As Hungary's leader, Orbán has largely been critical of providing aid, including weapons to Ukraine, and has resisted the expansion of NATO. Meanwhile, the Biden administration has been waiting for Congress to approve legislation to provide additional aid to Ukraine.

Persons: Viktor Orbán, Donald Trump, Orbán, Trump, he's, Viktor Orban, Biden, Mike Johnson Organizations: NBC, Beach, NATO, European Union, House Republican Locations: Ukraine, Russia, Hungary, Ukrainian, Lago

CNN —Hungarian Prime Minister Viktor Orbán has said Donald Trump would effectively end the war in Ukraine by cutting off funding to Kyiv, should the former US president return to power in November. “He (Trump) has a very clear vision,” Orbán said in an interview to Hungarian broadcaster M1 broadcast on Sunday. That’s why the war will end, because it’s obvious that Ukraine cannot stand on its own two feet.”Orbán’s comments came after Trump hosted the Hungarian strongman at Mar-a-Lago on Friday. And then the war will end,” Orbán said. Hungary's Prime Minister Viktor Orban and former US President Donald Trump are seen at the White House in 2019.

Persons: Viktor Orbán, Donald Trump, “, ” Orbán, Trump, Orbán, won’t, Vladimir Putin’s, Viktor Orban, Brendan Smialowski, Orban, Erdogan, anybody’s, ” John Bolton, CNN’s Jim Sciutto, Trump’s, Putin, ” Bolton, Kristen Holmes, Andrew Millman Organizations: CNN, Trump, Russo, Mar, European Union, NATO, Hungary's, White House, Getty, Republican, Ukraine Locations: Hungarian, Ukraine, Kyiv, Ukrainian, Florida, Hungary, Europe, Moscow, AFP, Turkey, NATO

☆ I convinced my boyfriend to start a business with me. We broke up once, and the company failed, but we're now married.
▼ + stars: | 2024-03-09 | by ( Suzanne Duret | ) www.businessinsider.com time to read: +4 min

We fell in love that night, and it was the start of our whirlwind romance. A year in, we broke up for the first time because I couldn't stand his snoring, but we eventually came back together and started dating again. But then we started a business togetherI had been working on a side startup project. The business took off, and so did our relationshipWe quickly fell back into our "intimate" relationship and started therapy. AdvertisementEventually, the business failed, but our relationship didn'tJust as our business was getting close to actually making money, the economy did a major nose-dive.

Persons: Gary, I'd, —, Gary I Organizations: Service, Business

☆ Sweden is exactly what the West needs to counter Putin's underhand tactics
▼ + stars: | 2024-02-28 | by ( Tom Porter | ) www.businessinsider.com time to read: +7 min

Sweden this week became the newest member of the NATO alliance. On Tuesday, Hungary's parliament voted to approve Sweden's NATO membership in a move that may be exactly what the West needs to counter Putin and his underhand tactics. Sweden has accused Russia of spreading misinformation about Koran burnings to damage its bid for NATO membership. NATO has some major challengesDespite the boost from Sweden's membership, NATO still faces some of the gravest challenges in its history. "The same is true for Finland and Sweden's NATO membership."

Persons: —, Vladimir Putin, He's, Putin, Oscar Jonsson, JONATHAN NACKSTRAND, Nima Khorrami, St, Russia's, It's, Shawn Coover, Emmanuel Macron, Jonsson, Khorammi, Donald Trump Organizations: NATO, Service, Russia, Swedish Defence University, Business, Forces, Swedish Amphibious Corps, US Marine Corps, Stockholm Archipelago, Getty, Arctic Institute, Staff, US Locations: Sweden, Ukraine, Russian, Hungary's, Russia, Baltic, Europe, Stockholm, NATO, St Petersburg, Kaliningrad, USSR, Crimea, South Carolina, Western, Finland

☆ Hungary votes to approve Sweden's NATO membership
▼ + stars: | 2024-02-26 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Swedish Prime Minister Ulf Kristersson is meeting with Hungarian Prime Minister Viktor Orban in Budapest, as Hungary remains the last NATO member to not ratify Sweden's bid to join NATO, on (Photo by Balint Szentgallay/NurPhoto via Getty Images)Hungary on Monday voted to approve Sweden's NATO accession bid, ending months of diplomatic negotiations and finalizing Stockholm's membership almost two years after it first applied to join the military alliance. Hungarian lawmakers voted in favor of Sweden's membership after overcoming long-standing opposition from governing party members led by Prime Minister Viktor Orban. The Scandinavian country will become the 32nd NATO member, coming under the fold of Article 5 of the treaty, which vows that an attack on one member is an attack on all of them. Sweden applied to join NATO in May 2022 — at the same time as Finland — in a historic overhaul of its policy of military non-alignment following Russia's invasion of Ukraine. While a vast majority of NATO members backed Stockholm's bid from its early days, Orban was resistant amid Swedish criticism over Hungary's democracy.

Persons: Ulf Kristersson, Viktor Orban, Balint Szentgallay, —, Orban Organizations: Swedish, Hungarian, NATO, Getty Images, Monday, Finland —, Gripen Locations: Budapest, Hungary, Sweden, Finland, Ukraine, Europe, Swedish

DOHA, Qatar (AP) — China's Pan Zhanle backed up his world record in the swimming relays by winning the men's 100-meter freestyle at the World Aquatics Championships on Thursday. The 19-year-old Pan swam the fastest 100 in history with a time of 46.80 seconds in the lead-off leg of China’s gold medal-winning 4x100 relay team. HIGH DIVINGWith a huge final dive, Britain's Aidan Heslop claimed the men's title off the 27-meter tower at Doha Old Port. WATER POLOCroatia advanced to the Saturday championship in men's water polo with a 17-16 semifinal victory over France on penalties. Italy claimed the other spot in the final with an 8-6 victory over Spain.

Persons: Zhanle, Pan, didn't, ” Pan, let's, ”, Caeleb Dressel, Kyle Chalmers, Alessandro Miressi, Hungary's Nandor Nemeth, Britain's Laura Stephens, Helena Rosendahl Bach, Lana Pudar, Rachel Klinker, ” Stephens, “, Sarah Sjöström, Swede, Aidan Heslop, France's Gary Hunt, Catalin, Petru Preda, James Lichtenstein, Heslop, you’ve, ” Heslop, ___ Organizations: Paris, Olympic, Doha, Doha Old Port, Croatia Locations: DOHA, Qatar, Paris, Australia, Italy, Denmark, Bosnia, Herzegovina, Doha, United States, France, Croatia, Spain

Many worry that a second term for Trump would be an earthquake, but tremors already abound — and concerns are rising that the U.S. could grow less dependable regardless of who wins. Photos You Should See View All 21 ImagesBiden, in contrast, has made support for Ukraine a key priority and moral imperative. But many of America's European NATO allies are worried that with or without Trump, the U.S. is becoming less reliable. German Chancellor Olaf Scholz said he was “currently on the phone a lot with my colleagues and asking them to do more” to support Ukraine. Dalton, a former U.K. ambassador to Iran, said prospects for the Middle East would be “slightly worse” under Trump than Biden.

Persons: Joe Biden, Donald Trump, Emmanuel Macron’s, Trump, Germany’s Angela Merkel, Britain’s Theresa May, Recep Tayyip Erdogan, Vladimir Putin, Viktor Orbán “, ”, Biden, Richard Dalton, Olaf Scholz, “, Scholz, Macron, ” Macron, Boris Johnson, ” Johnson, Putin, Johnson, ” Bronwen Maddox, ” Trump, hasn't, —, Dalton, implore Biden, Itamar Ben, Israel, Turkey’s Erdogan, Sergey Lavrov, George W, Zhao Minghao, ” “, Jiwon, Kirsten Grieshaber, Dasha, Suzan Fraser, Nomaan Merchant Organizations: U.S, Trump, NATO, Congressional Republicans, Centre, Politics, University College London, Mail, Associated Press, Hamas, White, Russian, CBS, Biden, Fudan University Locations: U.S, gridlock, Congress, Ukraine, Europe, United States, British, German, Germany, ” Russia, China, Iran, North Korea, Russia, Tehran, Dalton, Israel, Gaza, Turkey, Shanghai, Seoul, South Korea, Berlin, Dasha Litvinova, Tallinn, Estonia, Ankara, Washington

BUDAPEST, Hungary (AP) — Antifascist activists gathered in Hungary's capital on Saturday to oppose an annual commemoration held by far-right groups, underscoring diplomatic tensions between Budapest and Rome over the detention of an Italian citizen in a Hungarian jail. Hundreds of activists marched through central Budapest alongside a heavy police presence, and called for “freedom for every antifascist." The demonstration came as an Italian antifascist activist is being held in a Hungarian jail for allegedly being involved in assaults against suspected participants in the Day of Honor commemoration in Budapest last year. Images of the activist, Ilaria Salis, chained and shackled at a Budapest court hearing sparked official protests by the Italian government. The case is delicate for the far-right-led government of Meloni, who has forged friendly ties with the nationalist Orbán.

Persons: —, ”, Ilaria Salis, Luca Kruczynski, “, Salis, ’, Giorgia Meloni, Viktor Orbán, Salis ’, Antonio Tajani, Carlo Nordio, Nordio, Tajani, Elly Schlein, Giorgia Meloni’s, Schlein, Colleen Barry Organizations: Nazi, Prosecutors, Hungarian, Meloni, Italy's, Democratic Party, Associated Press Locations: BUDAPEST, Hungary, Budapest, Rome, Hungarian, Italian, Berlin, Europe, Milan, Salis, Italy, Hungary’s, Salis ’ Hungarian

☆ Hungary's President Under Pressure to Quit Over Pardon in Sex Abuse Case
▼ + stars: | 2024-02-07 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +2 min

BUDAPEST (Reuters) - Hungarian opposition parties have demanded the resignation of the president over her decision to pardon a man convicted as an accomplice in helping cover up a case in a children's home whose director sexually abused children. She added that the reasoning behind her decision was not public and all pardons were divisive by their nature. The former director was sentenced to eight years in prison for sexually abusing several under-age boys in 2004-2016. "I am baffled by Katalin Novak's decision as a human being and as a mother," Momentum chair Anna Donath said in a statement on Wednesday, adding she believed the decision was "morally incomprehensible". Some of the opposition and civilians called a protest in front of Novak's presidential office for Friday.

Persons: Katalin, Pope Francis, Novak, Viktor Orban, paedophiles, MTI, Anna Donath, Orban's, Judit Varga, Krisztina, Alison Williams Organizations: Democratic Coalition, Socialists Locations: BUDAPEST

BRUSSELS (AP) — U.S. national security adviser Jake Sullivan said that he and his NATO counterparts cautioned Hungary on Wednesday against further delaying Sweden’s membership in the military alliance, and he warned that patience in Washington has its limits. The governing Fidesz party, which holds an absolute majority in Hungary's parliament, has stalled Sweden’s bid since July 2022, alleging that Swedish politicians have told “blatant lies” about the state of Hungarian democracy. The party insists that Sweden’s prime minister must come to Hungary first. The country, along with the other 30 allies, must all agree that Sweden should stand among NATO’s ranks. Hungary is the only member standing in its way.

Persons: Jake Sullivan, Viktor Orbán, Hungary’s, “, ” Sullivan, Sullivan, ”, Orbán, Ulf Kristersson Organizations: —, NATO, Wednesday, Fidesz, Sweden’s, Kremlin, Swedish Locations: BRUSSELS, Hungary, Washington, Hungarian, Hungary's, Sweden, Brussels, Finland, Russia, Ukraine, U.S, Budapest

☆ EU tells Hungary its 'sovereignty' law violates EU law
▼ + stars: | 2024-02-07 | by ( ) www.cnbc.com time to read: +1 min

Hungary's new law on "protecting national sovereignty", which the ruling Fidesz party said was necessary to protect against foreign political interference, violates European Union law, the European Commission said on Wednesday. The Hungarian legislation violates EU laws on democracy and the equal rights of EU citizens, the data protection law and several rules applicable to the internal market, the Commission said. The legislation came as nationalist Prime Minister Viktor Orban, who has clashed repeatedly with the European Union over democratic rights in Hungary, stepped up his party's campaign ahead of European Parliament elections next June. Under the law, a separate authority to explore and monitor risks of political interference will be set up. If it does not address the grievances stated in the letter, the Commission may decide to send a reasoned opinion - a formal request to comply with EU law - as a next step in the procedure.

Persons: Viktor Orban Organizations: Union, European Commission, European Union Locations: Hungary, Hungarian

DOHA, Qatar (AP) — Chen Yiwen and Chang Yani of China captured their third straight diving world title in women’s synchronized 3-meter springboard on Wednesday. At the Hamad Aquatic Centre, the synchronized silver went to Australia's Anabelle Smith and Maddison Keeney in 300.45. Chang has now won four synchronized 3-meter world titles, also taking the 2017 championship while partnered with Shi Tingmao. The 30-year-old now has three world championships over her illustrious career, along with gold and silver medals at the Olympics. It was the 16th world medal for Cunha, who has reached the podium in eight straight championships going back to 2011.

Persons: — Chen Yiwen, Chang Yani, Sharon van Rouwendaal, Logan Fontaine of France, Australia's Anabelle Smith, Maddison Keeney, Britain's Scarlett Mew Jensen, Yasmin Harper, Krysta Palmer, Alison Gibson, Chen, Chang, Budapest . Chang, Shi Tingmao, Van Rouwendaal, Chelsea Gubecka, Brazil's Ana Marcela Cunha, Cunha, Fontaine, Marc, Antoine Olivier, Italy’s Domenico Acerenza, Hungary's Kristóf, Italy's Gregorio Paltrinieri, ___ Organizations: Doha Old Port, Hamad Aquatic Centre, Olympics, Chelsea, France Locations: DOHA, Qatar, China, Doha, Netherlands, Fukuoka, Budapest ., Perth, Australia

The governing Fidesz party, which holds an absolute majority in parliament, has stalled Sweden’s bid since July 2022, alleging that Swedish politicians have told “blatant lies” about the condition of Hungary’s democracy. “The prime minister pledged to convene parliament to urge parliament to act at its earliest opportunity. Kristersson has said that he will make the trip, but only after Hungary approves his country's NATO membership. But Vadai, the lawmaker, said that there was no guarantee that Orbán's party would commit to a swift approval. “I’m not sure whether the opening session will start with the Swedish ratification, unfortunately,” she said.

Persons: Viktor Orbán, Hungary's, Orbán, Jens Stoltenberg, ”, didn't, David Pressman, Pressman, expeditiously, Sen, Ben Cardin, Agnes Vadai, “, it’s, Ulf Kristersson, Kristersson, “ I’m Organizations: — Lawmakers, NATO, Fidesz, U.S, Maryland Democrat, Senate Foreign Relations, ”, Democratic Coalition, Associated Press, Swedish Locations: BUDAPEST, Hungary, Hungarian, United States, NATO, U.S, Maryland, Budapest, Swedish, Hungary's

It's the kind of obstruction of key policy objectives for which Orbán has become notorious within the European Union. “We are the sand in the machinery, the stick between the spokes, the splinter under the fingernail,” Orbán said in a speech to tens of thousands of supporters in 2021. Now, frustrated EU officials are trying to determine what Orbán seeks to achieve with his obstructionist strategy, and how they might overcome it. But with his veto power, the nationalist leader will have plenty of further opportunities to sow discord within the EU. Widely considered to be Russian President Vladimir Putin’s closest ally in the EU, Orbán has been accused by his critics of promoting Moscow’s interests over those of his EU and NATO allies, and of preparing to lead his country out of the EU entirely.

Persons: —, Viktor Orbán, Orbán, ” Orbán, Donald Tusk, “, ”, Péter Krekó, ” Krekó, “ Orbán, Daniel Freund, Freund, it’s, he's, Donald Trump, Joe Biden, “ He’s, he’s, Krekó, Vladimir Putin’s Organizations: NATO, European Union, EU, Conservative Political, Green, United, U.S, Trump, Germany, Political Locations: BUDAPEST, Hungary, Brussels, Polish, Ukraine, Budapest, Germany, France, Italy, Europe, United States, Washington, Netherlands, Union

☆ 'I Went to the Wall', Hungary's Orban Says After Agreeing to EU Deal
▼ + stars: | 2024-02-02 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +2 min

BUDAPEST (Reuters) - Hungary's Viktor Orban said on Friday that he "went to the wall" for his country before agreeing to an EU deal on Thursday to extend new aid to Ukraine and that he averted the risk of losing EU funds earmarked for Budapest from the bloc's joint coffers. In a regular interview on state radio on Friday, where he addresses his domestic audience, Orban said the agreement reached on Thursday was a good one. "I went to the wall," Orban said. "We are not sending weapons (to Ukraine), we get our money from Brussels, and we will contribute to the civil financing of Ukraine." Orban reiterated that peace talks should start between Ukraine and Russia as two years have now passed since the start of the war, and "time was on the Russians' side."

Persons: Hungary's Viktor Orban, Orban, Krisztina, Hugh Lawson Organizations: Union, European Commission Locations: BUDAPEST, Ukraine, Budapest, United States, Hungary, Brussels, Russia

☆ EU Leaders Seek Deal to Fund Ukraine as Hungary Digs in Heels
▼ + stars: | 2024-01-31 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

The plan is to help cover Ukraine's 2024-2027 needs with 33 billion euros ($36 billion) in loans and 17 billion euros in grants. The money is to come from the EU budget to give Kyiv more predictable funding as it fights off Russia's invasion. The other 26 EU countries have rejected Hungary's demand, and they and Hungary have been in a stand-off since December. The EU cannot wait any longer because Ukraine is expected to run out of cash to run normal state functions in March. Orban's ambassador to the EU told his counterparts at a preparatory meeting on Wednesday that Budapest still wanted veto power.

Persons: Jan Strupczewski BRUSSELS, Viktor Orban, Orban, Jan Strupczewski, Tom Hogue Organizations: Union, Hungarian, EU, U.S . Congress, European, Budapest Locations: Ukraine, Kyiv, Hungary, Moscow, United States, EU

☆ CIA chief says Russia's failures in the Ukraine war have sealed its fate as 'China's economic vassal'
▼ + stars: | 2024-01-31 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

The Russia-Ukraine war has dealt multiple setbacks to Vladimir Putin, says CIA chief William Burns. The invasion, Burns said, had weakened Russia's military and economy. "Russia's economy is suffering long-term setbacks, and the country is sealing its fate as China's economic vassal," Burns wrote in an opinion article for Foreign Affairs on Tuesday. AdvertisementThe Ukraine war, Burns said, has dealt "immense damage" to Russia's military. Russia's military and economic setbacks have also seen it turn to countries like North Korea and Iran for munitions.

Persons: Vladimir Putin, William Burns, Burns, Putin, —, William J, Grant Shapps Organizations: CIA, Foreign Affairs, Service, subjugating, NATO, UK Defense, Business Insider Locations: Russia, Ukraine, beholden, China, Kyiv, subjugating Ukraine, North Korea, Iran, Finland

☆ EU Deal for Ukraine 'Difficult' Despite Move by Hungary -Official
▼ + stars: | 2024-01-30 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +1 min

BRUSSELS (Reuters) - Talks between European Union countries aimed at agreeing on more aid for Ukraine later this week remain "difficult", a senior EU official said on Tuesday, despite Hungary having signalled its readiness for a compromise. It has already once blocked the aid package and has also voiced opposition - along with EU paymaster Germany - to topping up the military fund. "We are not there yet," the EU official said under condition of anonymity, referring to preparations for the Thursday summit in Brussels of the leaders of the bloc's 27 member states. As the EU mounts pressure on Hungarian Prime Minister Viktor Orban to agree, the official said Budapest's conditions for lifting its veto on the financial assistance to Kyiv were not acceptable to the other EU countries. The official added that Hungary's EU peers did not want to agree to review any support to Kyiv every year as that would give Orban a veto each time.

Persons: Russia's, Viktor Orban, Orban, Jan Strupczewski, Gabriela Baczynska, Mark Heinrich Organizations: European Union, EU, Germany, Hungarian Locations: BRUSSELS, Ukraine, Hungary, Kyiv, Russia, Brussels

☆ Hungarian Opposition Seeks Extraordinary Session of Parliament on Sweden NATO Bid
▼ + stars: | 2024-01-29 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

By Boldizsar GyoriBUDAPEST (Reuters) - Hungarian opposition parties submitted a motion on Monday calling for an extraordinary session of parliament on Feb. 5 to ratify Sweden's application to join NATO. Hungary is the only country in the 31-member Atlantic alliance yet to ratify Sweden's application. Turkey completed its approval last week, some 20 months after Stockholm applied to join NATO following Russia's full-scale invasion of Ukraine. But parliamentary speaker Laszlo Kover said there was no urgency for any extraordinary move to ratify Sweden's NATO accession and suggested that opposition attempts at an extra session would be likely to fail. Hungary's parliament is not currently in session, but NATO chief Jens Stoltenberg said last Friday he expected the assembly to ratify Sweden's accession at the end of February after it reconvenes.

Persons: Zita Gurmai, Gurmai, Viktor Orban, Vladimir Putin, Laszlo Kover, Jens Stoltenberg, Orban, Boldizsar Gyori, Jason Hovet, Timothy Heritage Organizations: Gyori, NATO, Atlantic, Reuters, Fidesz, Christian Democrat, Sweden's, Union Locations: Gyori BUDAPEST, Hungary, Turkey, Stockholm, Ukraine, Hungarian, Brussels

☆ Brussels Threatens to Hit Hungary's Economy if Orban Vetoes Ukraine Aid - FT
▼ + stars: | 2024-01-29 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +1 min

(Reuters) - The European Union will sabotage Hungary's economy if Budapest blocks fresh aid to Ukraine at a summit this week, under a confidential plan drawn up by Brussels, the Financial Times reported on Sunday. Brussels has outlined a strategy to explicitly target Hungary's economic weaknesses, imperil its currency and drive a collapse in investor confidence in a bid to hurt "jobs and growth" if Budapest refuses to lift its veto on the aid to Kyiv, the newspaper reported, citing a document drawn up by EU officials. they cannot imagine that" EU funds would be provided to Budapest. Hungary's EU minister Janos Boka told the newspaper Budapest was not aware of the financial threat, but that the country "does not give in to pressure". (Reporting by Disha Mishra in Bengaluru; Editing by Kirsten Donovan)

Persons: Viktor Orban, Janos Boka, Disha Mishra, Kirsten Donovan Organizations: Reuters, European, Financial Times, Budapest, EU, Kremlin, FT Locations: European Union, Budapest, Ukraine, Brussels, Kyiv, Hungarian, Russia, Hungary's, Bengaluru

☆ Hungary accuses EU of blackmail over Ukraine aid stand-off
▼ + stars: | 2024-01-29 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Viktor Orban, Hungary's prime minister, arrives on day one of the European Union (EU) leaders summit at the EU Council headquarters in Brussels, Belgium, on Monday, May 30, 2022. Hungary accused the European Union of blackmail after a leaked document reportedly suggested that the bloc plans to sabotage Budapest's economy if it vetoes fresh aid for Ukraine at a summit later this week. "Hungary does not give in to blackmail," Bóka János wrote in a post on X, the platform formerly known as Twitter. "The document drafted by Brussels bureaucrats only confirms what the Hungarian Government has been saying for a long time: access to EU funds is used for political blackmailing by Brussels," he added. It added that budget talks remain ongoing and will continue to be based on reaching a compromise that is acceptable to all 27 member states.

Persons: Viktor Orban, Hungary's, Bóka János Organizations: European Union, EU, European, Ukraine, Financial Times, Hungarian Locations: Brussels, Belgium, Hungary, European Union, Kyiv, Hungarian Government, Budapest, Hungarian, Ukraine

☆ Hungary Far-Right Would Lay Claim to Neighbouring Region, if Ukraine Loses War
▼ + stars: | 2024-01-28 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

BUDAPEST (Reuters) - Hungary's far-right Our Homeland party would lay claim to a western region of Ukraine that is home to about 150,000 ethnic Hungarians if Ukraine loses its statehood due to Russia's invasion, the party's leader said late on Saturday. "Regarding the war in Ukraine, our message is very simple: immediate ceasefire, peace and a resolution through talks," Toroczkai said in a video posted on his party's website, calling for autonomy for ethnic Hungarians in western Ukraine. "If this war ends up with Ukraine losing its statehood, because this is also on the cards, then as the only Hungarian party taking this position, let me signal that we lay claim to Transcarpathia," he said, drawing applause from the crowd. Budapest has clashed with Kyiv over what it says are curbs on the rights of roughly 150,000 ethnic Hungarians to use their native tongue. Last month all European Union states except Hungary, which is also a member of NATO, agreed to start EU accession talks with Ukraine.

Persons: Laszlo Toroczkai, Toroczkai, Viktor Orban, Zoltan Kovacs, Peter Szijjarto, Dmytro Kuleba, Denys Shmyhal, Boldizsar Gyori, William Maclean Organizations: Homeland, Dutch Forum for Democracy, Ukraine, Hungarian Foreign Ministry, Hungarian, Union, NATO Locations: BUDAPEST, Ukraine, Ukrainian, Budapest, Hungarian, Hungary

WASHINGTON (AP) — President Joe Biden will host German Chancellor Olaf Scholz at the White House on Feb. 9 as the West struggles to provide new aid for Ukraine in the war against Russia. The Biden administration already has sent Ukraine $111 billion in weapons, equipment, humanitarian assistance and other aid since Russian President Vladimir Putin launched his invasion in February 2022. That total includes about $61 billion in assistance for Ukraine. The European Union last month paid the final installment of a multibillion-euro support package to Ukraine to help keep its economy afloat. The Israel-Hamas war will also be a focus of the White House meeting between Biden and Scholz.

Persons: Joe Biden, Olaf Scholz, “, Biden, Vladimir Putin, Viktor Orbán, Scholz, Karine Jean, Pierre Organizations: WASHINGTON, White, Russia, White House, U.S, European Union, European Commission Locations: Ukraine, United States, Kyiv, Russia, Israel, Mexico, Hungary, EU, Gaza, ”

STOCKHOLM (AP) — Swedish Prime Minister Ulf Kristersson has agreed to meet with his Hungarian counterpart Viktor Orbán, who invited Kristersson to Budapest to discuss Sweden’s accession into NATO, Swedish media reported Thursday. Orbán's invitation comes as Hungary and Turkey remain the only NATO members not to have ratified Sweden’s bid to join the defense alliance. Turkish legislators have endorsed Sweden’s NATO membership, lifting a major hurdle on the previously nonaligned country’s entry into the military alliance. Lawmakers ratified Sweden’s accession protocol 287 to 55, with ruling party members saying the country’s tougher stance on Kurdish militants was key to winning approval. Finland joined the alliance in April, becoming NATO’s 31st member, after Turkey’s parliament ratified the Nordic country’s bid.

Persons: Ulf Kristersson, Viktor Orbán, Kristersson, ” Kristersson, Recep Tayyip Erdogan, Vladimir Putin Organizations: STOCKHOLM, NATO, Lawmakers, Sweden’s, Nordic Locations: Swedish, Budapest, Hungary, Turkey, Brussels, Ankara, Ukraine, U.S . Turkey, Stockholm, Sweden, Finland

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