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☆ Chinese official slams EU probe into EV subsidies as 'selective'
▼ + stars: | 2024-06-18 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

"The Commission considers that the sample was selected in accordance with the WTO rules and the corresponding EU legislation in this regard," he said. "The Volkswagen Group confidently accepts the growing international competition, including from China, and sees this as an opportunity. The NDRC's Jin added that the EU anti-subsidy probe does not appear to be based off an industry or business complaint. "Consequently, the Commission has reached out to Chinese authorities to discuss these findings and explore possible ways to resolve the issues identified in a WTO-compatible manner," the EU statement said. The Biden administration in May announced it would raise tariffs on imports of Chinese electric cars from 25% to 100%.

Persons: Olof Gill, Gill, BEV, Oliver Zipse, Elon, Jin, EU's Gill, BEV producers, Biden Organizations: CNBC, WTO, Major, Volkswagen Group, EU, Volkswagen, U.K, BMW Group, BMW, SAIC, EV, EVs Locations: Union, China, Germany, Europe, Western Europe, Shanghai, EU, WTO

☆ China's Xi accused the US of trying to trick him into invading Taiwan, but said he won't take the bait, report says
▼ + stars: | 2024-06-17 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +1 min

Xi Jinping accused the US of trying to trick China into invading Taiwan, the Financial Times said. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementChina's leader, Xi Jinping, accused the US of trying to trick China into invading Taiwan but said his country wouldn't take the bait, the Financial Times reported, citing people familiar with the matter. The FT said Xi made the accusation in April last year during a meeting with European Commission President Ursula von der Leyen.

Persons: Xi Jinping, Ursula von der Leyen, —, Xi Organizations: Financial Times, Service, FT, European, Business Locations: China, Taiwan

☆ China probes European pork prices after EU hikes tariffs on its electric cars
▼ + stars: | 2024-06-17 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —Beijing has launched an investigation into prices of pork from the European Union, targeting a major EU food export just days after Brussels hiked tariffs on electric vehicles from China. A hike in import tariffs could be very costly for European pork producers if it ends up hurting demand in China, the world’s largest pork market and the main destination for EU pork exports. The EU is the second-biggest pork producer after China. According to EU customs data, the bloc exported more than €2.5 billion ($2.7 billion) worth of pork, including offal, to China last year. Beijing had been widely expected to use targeted measures to try to dissuade EU officials from permanently adopting higher tariffs on electric cars imported from China, a decision the EU must make by November.

Persons: Olof Gill, Gill, ”, Xu, Maisie Linford Organizations: London CNN —, European Union, China’s Ministry of Commerce, EU, European Commission, World Trade Organization, WTO Locations: London CNN — Beijing, Brussels, China, Beijing, Spain, Netherlands, Denmark, France, Europe

☆ China's Xi accused the US of trying to trick him into invading Taiwan, but said he won't take the bait: report
▼ + stars: | 2024-06-17 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +1 min

Xi Jinping accused the US of trying to trick China into invading Taiwan, per the Financial Times. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementChinese leader Xi Jinping has accused the US of trying to trick China into invading Taiwan, but he said it won't take the bait, the Financial Times reported, citing people familiar with the matter. According to the FT, Xi made the accusation during a meeting with European Commission President Ursula von der Leyen in April last year.

Persons: Xi Jinping, Ursula von der Leyen, —, Xi Organizations: Financial Times, Service, European, Business Locations: China, Taiwan

☆ 'We're not backing down:' How the West plans to use Russia's frozen funds, and why some say it's still not enough to help Ukraine
▼ + stars: | 2024-06-16 | by ( Filip De Mott | ) www.businessinsider.com time to read: +5 min

The Group of Seven has agreed in principal to provide Ukraine with a $50 billion loan. Profits from Russian frozen funds are to be used as collateral to back the loan. AdvertisementThe Group of Seven has finally moved the dial on a contentious idea to provide funding to Ukraine by using Russian funds. AdvertisementRoughly $322 billion in funds were frozen after Moscow invaded Ukraine and have sat untouched for over two years. That could mean Moscow taps Western funds in the country and punishes any Western companies that have remained in Russia.

Persons: —, Putin, we're, Joe Biden, Biden, Michael Froman, Donald Trump, Vladimir Putin, Charles Lichfield, Chatham House's Timothy Ash Organizations: Seven, Service, Kyiv, European Commission, of Foreign, CNBC, Moscow, The, CEPA, Financial Times Locations: Ukraine, headbutting, Moscow, Europe, Kyiv, Russia, France, Germany

☆ Major Ukraine summit ends with fresh plea for peace but key powers spurn final agreement
▼ + stars: | 2024-06-16 | by ( Joshua Berlinger | Niamh Kennedy | ) edition.cnn.com time to read: +4 min

CNN —A two-day summit in Switzerland dedicated to forging a path forward to end the war in Ukraine concluded with key powers spurning a joint communique agreed to by more than 80 other countries and international organizations. The world cares deeply about the war provoked by Russia’s aggression,” European Commission President Ursula von der Leyen said. The sides also said that all children and civilians that were unlawfully displaced must be returned to Ukraine. And Ukraine must disarm so that is vulnerable to future Russian aggression down the road. No responsible nation could say that is a reasonable basis for peace,” Sullivan said.

Persons: spurning, Volodymyr Zelensky, Zelensky, Vladimir Putin, Kamala Harris, Ursula von der Leyen, Jake Sullivan, ”, Putin, ” Sullivan Organizations: CNN, United Arab, European Union, Kremlin, NATO, Russian, Luhansk –, US National Security, Ukrainian Locations: Switzerland, Ukraine, India, Saudi Arabia, South Africa, United Arab Emirates, Russia, Ghana, Canada, Chile, Lucerne, Argentina, Denmark, Finland, France, Germany, Italy, Japan, Netherlands, Poland, Sweden, United Kingdom, China, Moscow, Russian, Donetsk, Luhansk, Kherson, Zaporizhzhia, Harris

☆ Potential of a Trump return inspires Biden and G7 rush to guarantee long-term support for Ukraine
▼ + stars: | 2024-06-14 | by ( Kevin Liptak | ) edition.cnn.com time to read: +10 min

Trump argued, as he had before, that if he were president the war wouldn’t still be going. Opposed to additional Ukraine aid and openly skeptical of NATO, Trump could rip up the bilateral agreement Biden signed Thursday if he returned to office. Yet with uncertainty swirling around any American support in the future, the time to act appeared short. Biden pushes G7 to back reproductive rightsEven on an issue unrelated to Ukraine, Biden sought this week to consolidate G7 support in a way that would be unlikely if Trump were to return to the summit. American allies in Europe are collectively preparing for a second Trump administration with a sense both of trepidation and exhaustion.

Persons: Joe Biden, ” Biden, Volodymyr Zelensky, “, ”, Donald Trump, Biden, Trump, John Bolton, doesn’t, Zelensky, –, Putin, Ursula von der Leyen, Jake Sullivan, Ukraine “, Ukraine —, Giorgia Meloni Organizations: CNN, Republicans, Capitol, NATO, Trump, Biden, Democratic, White Locations: Italy, Ukraine, Washington, Kyiv, Paris, Iran, Russia, Puglia, Italian, Hiroshima, Japan, Europe, Sicily, haggling, Quebec, Biarritz

A simple principle underpins a contentious Thursday decision by the U.S. and key allies to tap profits from Russian sovereign assets in support of Ukraine: Moscow must make reparations. Questions have also been raised over the legality of setting such a precedent: Russia has been cut off from its frozen assets, but retains their ownership. The proposal must now pass various legal hurdles and be backed by European states, where the majority of frozen Russian assets are held. Further loans secured against the interest accrued by Russian frozen assets could be forthcoming, U.S. Treasury Secretary Janet Yellen signaled on Thursday. The annual summit comes as most of the G7 leaders face their own domestic upheavals including national elections and falling approval ratings.

Persons: Charles Michel, CNBC's Steve Sedgwick, Joe Biden, Volodymyr Zelenskyy, Putin, we're, Biden, Michel, Janet Yellen, Yellen, We're, Russia's, Ursula von der Leyen, Georgia Meloni Organizations: U.S, West, . Security, Kyiv, Treasury, Bank, European Commission Locations: Ukraine, Moscow, Russia, Russian, Canada, France, Germany, Italy, Japan . U.S, Kuwait, U.S, Borgo Egnazia, Puglia

☆ Energy prices in France turn negative as surging renewable output takes nuclear plants offline
▼ + stars: | 2024-06-14 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

French energy prices fell into negative territory on an overflow of renewable power, Bloomberg reported. AdvertisementDay-ahead energy prices in France fell into negative territory amid surging renewable power production, Bloomberg reported. The situation in France is different in that the rollout of renewable power has been slower than in other countries in the region, Reuters said. Paris has installed around 45 gigawatts of wind and solar capacity, and is behind European Commission targets. AdvertisementIf the National Rally party wins, it has pledged to slash renewable subsidies and end the wind power industry's expansion.

Persons: —, It's, SEB Research Organizations: Bloomberg, Service, Electricite, Reuters, National Rally Locations: France, Spain, Germany, Paris

☆ EU tariffs on EVs sting China but won’t halt BYD’s advance
▼ + stars: | 2024-06-13 | by ( Laura He | ) edition.cnn.com time to read: +8 min

The impact on China’s EV makers will vary depending on the level of tariff and each company’s cost structure. “One critical issue for China is that the EU accounted for 38% of China’s EV exports in 2023,” Sebastian said. In February, nine government agencies, including the Commerce Ministry and the central bank, vowed to provide support to accelerate Chinese EV makers’ global push. Tesla prices to riseIn contrast to BYD, state-owned carmaker SAIC is in a “disastrous” situation facing 38.1% in additional tariffs, according to Sebastian. Soula said China could retaliate by imposing tariffs on some European goods such as luxury cars, premium brandies or airplane parts.

Persons: Hong Kong CNN —, BYD, Tesla, Gregor Sebastian, ”, ” Sebastian, Etienne Soula, It’s, Sebastian, Geely, Andrew Bergbaum, don’t, Soula Organizations: Hong Kong CNN, European Union, EV, China’s, Alliance, Democracy, German Marshall Fund of, Commerce Ministry, SAIC, Volvo, European Commission, UBS, EU Locations: China, Hong Kong, European, Europe, Beijing, Asia, Brazil, Turkey, United States, EU, America, Shanghai, Hungary, Italy, Spain

☆ 3 risks to global economic growth
▼ + stars: | 2024-06-13 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

The World Bank on Tuesday raised its 2024 outlook for global economic growth to hold steady at 2.6%, an increase from its previous projection of 2.4% growth. “Four years after the upheavals caused by the pandemic, conflicts, inflation, and monetary tightening, it appears that global economic growth is steadying,” Indermit Gill, the World Bank’s chief economist, said in a release accompanying the report. Prospects for the world’s poorest economies are even more worrisome.”Here are three risks the World Bank sees. The World Bank said that spillover risk from the Russia-Ukraine war and Israel-Hamas war could curb global growth by pushing up oil prices and shipping costs. Trade tensions are already brewing between some of the world’s biggest global economic engines.

Persons: ” Indermit Gill, Jerome Powell, ”, Ayhan Kose, Danielle Wiener, Bronner, Joe Erlinger, aren’t, TikTok, John S, James L, Donald Trump, Joe Biden’s, Biden Organizations: CNN Business, Bell, New York CNN, Bank, World Bank, European Central Bank and Bank of Canada, US Federal Reserve, European Commission, EU, Bureau of Labor Statistics, McDonald’s, Pew Research Center, Knight Foundation, TikTok Locations: New York, Russia, Ukraine, Israel, India, Mexico, United States, France, United Kingdom, China, Beijing

☆ Opinion: The G7 ‘family photo’ of world leaders tells a bigger story
▼ + stars: | 2024-06-13 | by ( Opinion Frida Ghitis | ) edition.cnn.com time to read: +9 min

CNN —The annual G7 summit, a gathering of leaders of some of the world’s wealthiest democracies, used to be a staid, predictable affair. Tensions were about to explode in 2018, when G7 leaders met in Canada. Behind the smiles and waves, a fraught 2018 G7 summit in Canada. German Chancellor Angela Merkel deliberates with US president Donald Trump on the sidelines of the 2018 G7 summit in Canada. German Chancellor Angela Merkel chats with a relaxed US President Barack Obama outside during the 2015 G7 summit in southern Germany.

Persons: Frida Ghitis, Read, Joe Biden, Pope Francis, Volodymyr Zelensky –, —, Donald Trump, Justin Trudeau, Cole Burston, Trump, Angela Merkel, Merkel, Angela Merkel deliberates, Jesco Denzel, Barack Obama, Michael Kappeler, George W, Bush, backrub, Vladimir Putin, Putin, Covid, ” Biden, ” Macron, Boris Johnson, Ludovic Marin, Biden, Emmanuel Macron’s, autocrats, Lady Melania Trump, Trudeau, Andrew Parsons, Giorgia Meloni, ” Organizations: CNN, Washington Post, Politics, Frida Ghitis CNN, European Council, Canadian, Bloomberg, Trump, Getty, Deutschland, Kremlin, Parliamentary, United, Brothers Locations: Puglia, Italy, Canada, France, Germany, Japan, Bavarian, AFP, St Petersburg, Russia, Russian, St . Petersburg, Handout, Crimean, Washington, United States, British, Ukraine, Biarritz, Italian, Europe

Employees work on the assembly line of new energy vehicles at a factory of Chinese EV startup Leapmotor on April 1, 2024 in Jinhua, Zhejiang Province of China. The additional tariffs are the result of an EU probe that began in October. Main Chinese BEV producer BYD was struck with a 17.4% tariff, with Geely slapped with a 20% duty. "We strongly oppose the use of increased tariffs as a strategy to obstruct the normal global trade of electric vehicles. watch nowGlobal EV trade tensions

Persons: Shi Kuanbing, Valdis Dombrovskis, Dombrovskis, BEV, BYD, Geely, Elon Musk's Tesla, Tesla, Nio Organizations: Visual China, Getty, Union, EV, European Commission, EU, CNBC, China's Ministry of Commerce, Google, World Trade Organization, SAIC, Global Locations: Jinhua, Zhejiang Province, China, Europe, Shanghai

☆ Europe risks trade war with China by hiking tariffs on its electric cars
▼ + stars: | 2024-06-12 | by ( Hanna Ziady | ) edition.cnn.com time to read: +7 min

The European Commission, the EU’s executive arm, launched the probe in October to establish whether Chinese EV prices are artificially low because of subsidies and so hurt European carmakers. Europe is the main destination for Chinese EV exports. The new EV tariffs are likely to kick off intense negotiations between Beijing and Brussels aimed at averting a damaging trade war. Many of them manufacture cars in China and then sell them in Europe, a set-up that will be more costly as a result of the higher tariffs. Alternatively, Beijing could pledge investment into EU countries and promise better market access in China for EU firms, the Rhodium analysts wrote.

Persons: ” Will Roberts, BYD, Roberts, …, Olaf Scholz, ”, Joe Biden, Olesya Dmitracova, Mark Thompson, Shawn Deng, Alex Stambaugh Organizations: London CNN, European Union, European Commission, Commission, Volvo, SAIC, EV, EU, Rho Motion, China’s Ministry of Commerce, Rho, Renault’s, CNN, “, France EU, Group Locations: China, Beijing, European, Brussels, Washington, EU, Europe, Renault’s Dacia, “ Beijing, Germany, France, Spain, United States, Hungary, London, Hong Kong

☆ EU is expected to unveil tariff plans for Chinese EVs this week
▼ + stars: | 2024-06-11 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +1 min

TOPSHOT - People look at a BYD Seagull car by Chinese electric vehicle (EV) manufacturer BYD Auto at the Bangkok International Motor Show in Nonthaburi on March 27, 2024. (Photo by Lillian SUWANRUMPHA / AFP) (Photo by LILLIAN SUWANRUMPHA/AFP via Getty Images)The European Union is expected to reveal its tariff rate plan for Chinese electric vehicles this week, as the bloc cracks down on low-priced, subsidized imports. The EU has a standard 10% duty on imported EVs, but is set to provisionally raise those fees for Chinese EVs starting July 4. Citi analysts on Monday said the tariff rate could be "hiked to ~25-30% from 10% currently, while our risk scenario (40% probability) envisages a hike in the tariff rate to 30-50%." Ursula von der Leyen, president of the European Commission, saw her party – the European People's Party – gaining seats on Sunday.

Persons: Lillian SUWANRUMPHA, LILLIAN SUWANRUMPHA, Anthony Sassine, Ursula von der Leyen, Von der Leyen Organizations: BYD Auto, Getty, EU, EVs, Citi, European Commission, European People's Party Locations: Bangkok, Nonthaburi, AFP, Beijing

☆ Microsoft is considering a big new software bundle as it works out how to charge for AI, sources say
▼ + stars: | 2024-06-11 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +7 min

The plan focuses on Microsoft 365, a popular suite of productivity software used by thousands of businesses. This is a big risk for the company because Microsoft 365 has been an important source of revenue and growth, even without fancy new AI capabilities. The problem was that Microsoft salespeople started to pitch E5 as the last business software suite that customers would need to buy. AdvertisementA "spiritual successor"The generative AI boom, and Microsoft's early lead here, have increased the chances that a new 365 bundle will emerge soon. Microsoft has new AI tools that it can integrate with 365 and use that to persuade customers to upgrade their software bundle.

Persons: —, Satya Nadella, Jared Spataro's, Microsoft salespeople, it's, Slack Organizations: Service, Microsoft, Business, Microsoft's Productivity, Processes, Sharepoint, European Commission, EU Locations: Capex

☆ 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

☆ Macron's snap election gamble in France resurfaces an old criticism — that he's arrogant
▼ + stars: | 2024-06-11 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +7 min

Left-leaning newspaper Liberation described the snap election call as an "extreme gamble," while the center-right Le Figaro ran a brief headline Monday: "Le choc" ("shock"). That happened well before the humiliation of the European election results, in which Macron's Renaissance party got less than half as many votes as the far-right Rassemblement National ... In the meantime, other commentators and newspapers, such as Les Echos, have characterized Macron's move as a game of poker. Macron's supporters defend the president as a self-made and ambitious man who has a direct way of speaking to voters. "First, he has interpreted the vote for the European Parliament as a personal insult, as a rejection of his domestic policy direction.

Persons: Emmanuel Macron, Xi Jinping, Ursula von der Leyen, Gonzalo Fuentes, Emmanuel Macron's, Macron, drubbing, Jordan Bardella, Le Figaro, Alexis Brézet, Fenoglio, Macron's, it's, Robert Ladrech, Chirac Organizations: Reuters, Macron's Renaissance Party, National Assembly, Le Monde, CNBC, Keele University Locations: Paris, France, what's, EU

☆ Microsoft is considering an AI revamp of its 365 software bundles, sources say
▼ + stars: | 2024-06-11 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +7 min

☆ 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

☆ European markets head for lower open after surge for right-wing parties in EU election
▼ + stars: | 2024-06-10 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

An employee enters sliding doors decorated with the stars of the European Union (EU) flag at the Berlaymont building, headquarters of the European Commission (EC), in Brussels, Belgium, on Tuesday, Jan. 28, 2020. LONDON — European stocks are expected to open lower Monday as traders react to initial results from the EU Parliament elections which suggest far-right parties have surged in popularity. The U.K.'s FTSE index is seen 57 points lower at 8,193, Germany's DAX 45 points lower at 18,507, France's CAC 40 down 45 points at 7,952 and Italy's FTSE MIB 60 points lower at 34,629, according to IG. Regional markets will be focused on the results of EU parliamentary elections, which took place over the last few days. The EU election drama was rounded off Sunday evening when French President Emmanuel Macron called snap parliamentary elections later this month after suffering a heavy defeat in the EU vote.

Persons: Germany's DAX, Emmanuel Macron Organizations: European Union, European Commission, LONDON, CAC, IG, Regional Locations: Brussels, Belgium, Britain, EU

☆ 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

Members of European Parliament attend a plenary session in Brussels on April 10. John Thys/AFP/Getty ImagesThe European Parliament is the legislative branch of the European Union and one of the bloc’s three main institutions, along with the European Commission, which is the executive branch, and the European Council, which is made up of ministers from the governments of the 27 member states. In order for any legislation to be implemented, both the council and parliament have to agree. It often has the final word on major policy issues such as the budget, trade and sanctions on foreign nationals. For example, A comprehensive mutual investment agreement between the EU and China is effectively on hold while some MEPs are under sanctions from China.

Persons: John Thys, Germany’s Ursula von der Leyen Organizations: European, Getty, European Union, European Commission, European Council, EU Locations: Brussels, AFP, Belgium, Strasbourg, France, China

☆ The E.U. Votes: What We’re Watching For
▼ + stars: | 2024-06-09 | by ( Matina Stevis-Gridneff | Sarah Hurtes | ) www.nytimes.com time to read: +1 min

More than 300 million voters in the 27 countries that make up the European Union are heading to the polls to elect the new European Parliament’s 720 members. The Parliament approves or rejects E.U. It also says yea or nay, by simple majority in a secret ballot, to the appointment of the president of the E.U. In the 2019 election, Ursula von der Leyen, a conservative, came dangerously close to being rejected as the European Commission president, securing the Parliament’s approval by just nine votes. This time, Ms. von Leyen, likely to be designated as president for a second five-year term, could face worse odds.

Persons: Ursula von der Leyen, von Leyen Organizations: Union, European Commission Locations: Ukraine

☆ Far right surges in European Parliament elections but center still holds
▼ + stars: | 2024-06-09 | by ( Christian Edwards | ) edition.cnn.com time to read: +4 min

CNN —Far-right parties are predicted to win a record number of seats in the European Parliament, a result that, if confirmed, would deliver a stinging rebuke to Brussels’ political mainstream and add uncertainty to Europe’s future direction. Most of the far-right gains were concentrated in countries that elect large numbers of seats: France, Italy and Germany. Alternative for Germany (AfD) party co-leaders Alice Weidel and Tino Chrupalla cheer the exit poll in Berlin, Germany, June 9, 2024. Annegret Hilse/ReutersWhile the far-right surge may further complicate Brussels’ bid for unity, the far-right parties themselves remain relatively divided. Several other far-right parties are among the non-aligned (NI) group, predicted to secure 45 seats.

Persons: Ursula von der Leyen, –, ”, Europe’s centrists, Le, Emmanuel Macron, Jordan Bardella, ” Macron, Brigitte Macron, Stephane Lemouton, Olaf Scholz, Scholz, shored, ” von der Leyen, Alice Weidel, Tino Chrupalla, Annegret Hilse, Maximilian Krah, Roberta Metsola Organizations: CNN, European People’s Party, EPP, Macron’s Renaissance Party, Socialists, Social Democrats, Christian Democrats Party, CDU, EU, Forces, Reuters, Nazi, SS, Brussels Locations: Brussels, France, Italy, Germany, France’s, Europe, Britain, Russia, Ukraine, Kyiv, Berlin

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