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☆ European electricity prices tumble into negative territory amid glut of green energy
▼ + stars: | 2023-07-18 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Electricity prices in Europe fell into negative territory over the weekend. In the Netherlands, prices for Sunday afternoon were as low as minus 73.76 euros per megawatt hour. Earlier this year, the European Union saw monthly solar power generation exceed electricity from coal for the first time. This isn't the first time Europe's energy prices turned negative, and the occurrences have become more frequent. But the negative prices signal an imbalance in the market and could discourage future investment in more energy infrastructure.

Organizations: Service, Bloomberg, European Union, Yle, International Energy Agency Locations: Europe, Netherlands, Wall, Silicon, Germany, France, United Kingdom, Russia, Moscow, Finland, Finnish

The US began ramping up ammunition production last year when it became clear that the war would drag on far longer than anticipated. But the ammunition will still take “years” to mass produce to acceptable levels, National Security adviser Jake Sullivan told CNN Sunday. Ukrainian troops now typically fire between 2,000 and 3,000 artillery shells per day at Russian forces, a US defense official told CNN. It was necessary, though, because of how low US stockpiles are, Sullivan told CNN Sunday. “All of us have had to struggle stimulating our supply chains, some of which went to sleep,” he told CNN.

Persons: Ben Wallace, that’s, Jake Sullivan, haven’t, –, Defense Lloyd Austin, John Kirchhofer, Mark Milley, Joe Biden, Sullivan, Biden, “, ”, ” Sullivan, ” Nebraska Republican Sen, Deb Fischer, Lockheed Martin, Fischer, ” Fischer, I’m, ‘, Ellen Lovett, ” Lovett, ” Wallace, ” Said, Volodymyr Zelenskyy, Recep Tayyip Erdogan, Rishi Sunak, Murat Kula, Charles Q, Brown, Jr Organizations: Washington CNN, NATO, CNN, US, National, CNN Sunday, Pentagon, The Defense Department, EyePress, Reuters, Defense, Defense Intelligence Agency’s, Joint Chiefs, Staff, National Press Club, ” Nebraska Republican, Senate’s Armed Services, Lockheed, “, Britain's, Anadolu Agency, Getty, European Union, EU, DoD, US Air Force, Joint Chiefs of Staff, Defense Industrial Base Locations: Europe, Ukraine, Russia, Berlin, Swiss, Germany, Switzerland, Ukrainian, Kreminna, Luhansk, “, United States, Vilnius

☆ Smart ways to save money in Europe this crazy, crowded summer
▼ + stars: | 2023-07-15 | by ( Terry Ward | ) edition.cnn.com time to read: +12 min

“Last-minute flight prices, especially international ones, are expensive,” says Katy Nastro of Going.com (formerly Scott’s Cheap Flights) about airfares from North American to Europe. “Their best value comes when cash prices are high, and there’s no time more expensive than last-minute summer travel,” Nastro says. CNN Travel talked to travel agents, experts and expert travelers, too, for their tips on saving money on European travels this unprecedented summer. “Most travelers going to Europe have a few destinations in mind, “ says Henley Vazquez, co-founder of luxury travel advisor group Fora. These places he calls “the Chicagos of Europe” include Marseille in France, Hamburg in Germany and Liverpool in England.

Persons: CNN —, “, Katy Nastro, you’ll, Nastro, you’ve, ” Nastro, Hevelyn Villar Silva, Hevelyn Villar, ”, Colleen McDaniel, Henley Vazquez, Fora, ” Eurail, Eurail, Ethan Williams, Austria’s, Georgia Bird, Rome Ciampino, Rome Fiumicino, snagging, Ignacio Eguren, ” Eguren, Eguren, Booking.com, aren’t, Rick Steves, ” Steves, Steves, … Organizations: CNN, Cruise, Magnifica, MSC Cruises, MSC Magnifica, Caribbean’s Symphony, Palma de Mallorca, Milan Central Station, Getty, Czech Railways, Saint, Alamy, “, Smart, Library, Rembrandt, Best, Premier Faubourg, CNN Travel, Liverpool, Scala, Scala Santa Holy, Scotsman Locations: Europe, North American, ”, Tampa , Florida, Genoa, Valencia, Spain, Pisa, Portofino, Italy, France, Palma de, Athens, Svalbard, Bergen, Norway, “, Germany, Czech, Czech Republic, Rome, Saint Martin, Paris, mauritius, Checkin Cantabria, Cantabria, Paris ’, Copenhagen, you’ll, Oslo, Marseille, Hamburg, England, Scala Santa

FRANKFURT/LONDON July 13 (Reuters) - Energy majors BP (BP.L) and TotalEnergies (TTEF.PA) have won a 7 gigawatt (GW) offshore wind site auction in Germany worth a record 12.6 billion euros ($14.1 billion), allowing them entry to the central European market without a partnership. The awards for capacity due to come online in 2030 also excluded leading offshore wind developers, such as RWE (RWEG.DE) and Orsted (ORSTED.CO). AUCTION DESIGNThe 7 GW electronic auction officially opened in January and bidders had until June 1 to submit offers. In previous German lease auctions, companies have made low or negative bids with the expectation of subsidies from the state. Industry groups have said the high costs of the leases could drive up the cost of offshore wind projects.

Persons: Bundesnetzagentur, Bernstein, WindEurope, Orsted, Norway's, TotalEnergies, Vera Eckert, Susanna Twidale, Christoph Steitz, Ron Bousso, Nora Buli, Nina Chestney, Barbara Lewis Organizations: Energy, BP, Industry, Thomson Locations: FRANKFURT, Germany, Macquarie, England, Danish

☆ NATO Isn’t Really About Defense, and It Never Was - The New York Times
▼ + stars: | 2023-07-11 | by ( Grey Anderson | Thomas Meaney | ) www.nytimes.com time to read: +4 min

In the realm of defense, the alliance was not as advertised. The war in Ukraine, for all the talk of Europe stepping up, has left that asymmetry essentially untouched. Far from a costly charity program, NATO secures American influence in Europe on the cheap. Before Russia’s invasion of Ukraine, roughly half of European military spending went to American manufacturers. Yet already there are signs that NATO is making headway in getting Europe to follow its lead in the theater.

Persons: — Organizations: NATO, European Union, U.S . Locations: Czech Republic, Prague, United States, Ukraine, Europe, U.S, Brussels, American, America, Washington, Germany, China, South China

☆ Opinion | Germany Is Learning a Lesson
▼ + stars: | 2023-07-05 | by ( Anna Sauerbrey | ) www.nytimes.com time to read: +2 min

For the first time in the postwar period, Germany is paying proper attention to the rest of the world. This starts with Chancellor Olaf Scholz, who has made a point of projecting Germany beyond its usual European boundaries. But the new reality, ushered in by the war in Ukraine, is challenging the country to go outside its comfort zone. Why, many asked, was Russia the prime focus of Germany’s indemnification efforts for post-Soviet states? Without access to Russian gas and in a profoundly changed global environment, Germany has begun to look for new partners, allies and markets.

Persons: BERLIN, It’s, Chancellor Olaf Scholz Locations: Germany, Ukraine, Russia

☆ Germany's Scholz hints at more chip investments
▼ + stars: | 2023-07-05 | by ( ) www.reuters.com time to read: +2 min

"I know of other plans by German companies and many others," Scholz told the Bundestag lower house of parliament after listing recent projects announced by chipmakers Intel (INTC.O) and Infineon (IFXGn.DE). He vowed that Germany's efforts would help companies become less dependent on semiconductor supplies from other regions, days after China announced restrictions on two metals used in high-speed computer chips. "Many people around the world have understood that we have to become resilient, and that there are certain industries that should necessarily be located here in Europe and in Germany," Scholz said. Intel announced plans last month to spend more than 30 billion euros ($33 billion) on developing two chip-making plants in the central city of Magdeburg. "It's an impressive signal that so many German and international companies are choosing Germany for the expansion of their semiconductor production," Scholz told the Bundestag.

Persons: Olaf Scholz, Scholz, Taiwan's TSMC, Tesla, Matthias Williams, Sarah Marsh, Miranda Murray, Friederike Heine, Emma Rumney Organizations: chipmakers Intel, Infineon, Union, Intel, Thomson Locations: BERLIN, Germany, Europe, China, Moscow, Magdeburg, Berlin

☆ Neutral Switzerland wants to take part in Sky Shield defence project
▼ + stars: | 2023-07-04 | by ( ) www.reuters.com time to read: +2 min

ZURICH, July 4 (Reuters) - Switzerland wants to participate in the European Sky Shield air defence umbrella, the government said on Tuesday, a move which critics say is incompatible with the country's long-standing tradition of neutrality. European Sky Shield is a common air defence scheme set up by Germany in 2022 to boost European air defence, an issue which has come into sharper focus since Russia's invasion of Ukraine. "Switzerland wishes to participate in the European Sky Shield Initiative and a declaration of intent is due to be signed in Bern," the Defence Ministry told Reuters, confirming an earlier report by broadcaster SRF. Some 17 European countries have so far signed up to the Sky Shield project including Germany, Britain, Finland and Sweden. The Sky Shield move has provoked concerns from Switzerland's neutrality lobby.

Persons: Viola Amherd, Werner Gartenmann, John Revill, Gareth Jones Organizations: Sky, Swiss, Sky Shield, Defence Ministry, Reuters, SRF, Patriot, Pro Schweiz, NATO, Thomson Locations: ZURICH, Switzerland, Germany, Ukraine, Austria, Bern, Britain, Finland, Sweden, Swiss, Denmark

☆ What Sweden's submarines bring to NATO
▼ + stars: | 2023-07-03 | by ( Johan Ahlander | ) www.reuters.com time to read: +3 min

Sweden's key to keeping the waters navigable in a conflict is its world-leading submarine fleet, which analysts say holds some of the most advanced conventional submarines ever built. "The Swedish submarine fleet is well prepared for this environment and will add greatly to NATO's overall submarine capabilities in the Baltic," a NATO official told Reuters. "We have regional expertise, which fills a gap, expertise that NATO doesn't have," said Submarine Flotilla Commander Fredrik Linden. [1/5]The Swedish submarine HMS Gotland lies in a port at the naval base of Karlskrona, Sweden May 25, 2023. While submerged, conventional submarines run on battery power.

Persons: Fredrik Linden, Tom Little, Sebastian Bruns, Bruns, Sara Ledwith Organizations: NATO, Reuters, U.S navy's, REUTERS, Institute for Security, Kiel University, SAAB, Thomson Locations: KARLSKRONA, Sweden, Europe, Baltic, Russia, Germany, Swedish, Gotland, Karlskrona

☆ Europe has more Russian lessons to learn
▼ + stars: | 2023-06-26 | by ( Hugo Dixon | ) www.reuters.com time to read: +7 min

The EU also isn’t remotely as threatening as China or even the United States, not to mention Russia. Over the same period, China’s share has risen to 18% from 7%, while the United States has stayed flat at 24%. The United States will carry most of the burden of deterring China. SECOND-BEST SOLUTIONSThe best solution to the EU’s lack of unity would be for it to use majority voting to determine foreign policy - as it already does for economic policy. But neither the EU nor its members should kid themselves that it’s in their interests to break with the United States.

Persons: Vladimir Putin, Yevgeny Prigozhin, Putin, Joe Biden’s, “, Emmanuel Macron, Donald Trump, Peter Thal Larsen, Thomas Shum Organizations: Reuters, EU, Companies, U.S, Eurostat, Reuters Graphics, Trade, European Commission, Twitter, Thomson Locations: Brussels, Ukraine, Russia, EU, China, United States, Russian, Kyiv, Germany, France, Poland, Taiwan, Lithuania, People’s Republic, U.S, Spain, Europe, Italy, Japan, United Kingdom, Canada

☆ Summer transfer window: The biggest moves so far as Saudi Arabia becomes major factor
▼ + stars: | 2023-06-23 | by ( Matias Grez | ) edition.cnn.com time to read: +10 min

CNN —European soccer’s summer transfer window is in full swing, with several household names already moving to pastures new. Karim Benzema – Real Madrid to Al-IttihadIn the first major coup of the summer for the Saudi Pro League, Karim Benzema has agreed to join Al-Ittihad once his contract expires with Real Madrid. After a disappointing season, Real Madrid will be hopeful that Bellingham will be a star midfielder for years to come once the ageing Luka Modric and Toni Kroos depart. The 32-year-old midfielder has signed a contract worth around £86 million ($109.8 million) a year, according to UK media. Rice, who was in the youth ranks at Chelsea and then West Ham, was voted Conference League player of the season.

Persons: Cristiano Ronaldo’s, Al Nassr, Karim Benzema –, Karim Benzema, Ittihad, Benzema, Frenchman, Jude Bellingham, Real Madrid Jude Bellingham, Florencia Tan Jun, Bellingham, Luka Modric, Toni Kroos, N’Golo Kanté, Ittihad N'Golo Kanté, Justin Tallis, Kanté, Christopher Nkunku –, Chelsea Christopher Nkunku, Annegret Hilse, Germain, Chrisopher Nkunku, Nkunku, Todd Boehly, Kai Havertz, Germany's, Maja Hitij, Kai Kavertz, Mikel Arteta, Havertz, Boehly, Declan Rice –, Declan Rice, Richard Heathcote, Rice, West Ham’s, Mateo Kovačić –, Mateo Kovačić, Pep Guardiola’s, İlkay Gündoğan, Bernardo Silva, Alexis Mac Allister, Alex Pantling, Lionel Messi, Mac Allister, Jurgen Klopp, Mac, Roberto Firmino’s, Rúben Neves, Al Hilal Rúben Neves, Naomi Baker, Al Hilal, Neves Organizations: CNN, Super League, CNN Sport, Saudi Pro League, Al, Real Madrid, League, La Liga, Real, Champions League, Borussia Dortmund, Birmingham City, English, Ittihad N'Golo, France, Getty, Benzema, Chelsea, Premier League, FA, Europa League, UEFA Super, Leicester, Leipzig, RB Leipzig, Bundesliga, Reuters, Paris Saint, Arsenal, Ukraine, Gunners, Manchester City, football’s, Europa Conference League, Gent, Manchester United, Estadio Santiago Bernabeu, Manchester, Argentina, Brighton, Liverpool, Anfield, Wolverhampton Wanderers, Wolves, Everton, Molineux, Portugal Locations: England, Saudi Arabia, Europe, Portuguese, Saudi Arabian, Karim Benzema – Real Madrid, Al, Ittihad, Bellingham, Dortmund, Real Madrid, Chelsea, Leicester, Paris, Leipzig, Bremen, Germany, Declan Rice – West Ham, West Ham, Mateo Kovačić – Chelsea, Madrid, Spain, Croatian, Brighton, Argentina, Qatar, Barcelona

☆ European shares fall on real estate drag, UK stocks slide after CPI data
▼ + stars: | 2023-06-21 | by ( ) www.reuters.com time to read: +1 min

June 21 (Reuters) - European shares opened lower on Wednesday after the real estate sector led declines against rising euro zone bond yields, while data affirming stubborn inflation in Britain weighed down London stocks. The continent-wide STOXX 600 index (.STOXX) dipped 0.1% by 0716 GMT. The exporter-heavy FTSE 100 index (.FTSE) fell 0.4%, tracking a jump in the pound following the UK inflation data. British consumer price index defied expectations of slowing and held at 8.7% in May. The data came a day before the Bank of England is forecast to raise interest rates for the 13th time in a row.

Persons: Jerome Powell's, Shreyashi Sanyal, Sohini Goswami Organizations: Bank of England, Investors, Federal, Thomson Locations: Britain, London, British, Bengaluru

[1/2] German parliamentary group leader of Alternative for Germany (AfD) party Alice Weidel speaks during budget debate in the plenary hall of German lower house of parliament, or Bundestag, in Berlin, Germany November 23, 2022. Asked by broadcaster ntv if the AfD would name a chancellor candidate, party co-chief Alice Weidel said "of course, we would also nominate (one) without these polling numbers", side-stepping a question about whether she would present herself. The likelihood of an AfD candidate becoming Germany's chancellor is very low currently given the party would need to be able to form a government and currently all other parties have ruled out working with it. The AfD is currently on track to winning the vote in all three east German states holding elections next year. Reporting by Sarah Marsh; additional Reporting by Friederike Heine; editing by Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.

Persons: Alice Weidel, Christian Mang, Chancellor Olaf Scholz's, Thomas Haldenwang, Haldenwang, Hans Vorlaender, Sarah Marsh, Friederike Heine, Mark Heinrich Our Organizations: REUTERS, Scholz's Social Democrats, ntv, Thomson Locations: Germany, Berlin, BERLIN, Dresden

☆ E.U. Takes Aim at China in Proposed Economic Strategy
▼ + stars: | 2023-06-20 | by ( Matina Stevis-Gridneff | ) www.nytimes.com time to read: +1 min

The European Commission on Tuesday unveiled a new trade doctrine aimed at curbing China’s ability to squeeze Europe’s economy, and at preventing European companies from exporting sensitive, military-linked technology that could give China an edge. The policy, still in its early stages, highlights how the European Union is seeking to align itself with the United States in limiting China’s access to sensitive markets and industrial secrets. The announcement in Brussels came in a busy week for Europe-China relations. The Chinese premier, Li Qiang, is visiting Germany, where he met with Chancellor Olaf Scholz and business leaders on Tuesday before heading to meetings in France. The initiative also underscores how the European Union, one of the world’s biggest economies and a key trade partner to both China and the U.S., is trying to manage its economic dependence on Beijing and avoid the kind of economic breakup with Russia that followed the invasion of Ukraine.

Persons: Li Qiang, Chancellor Olaf Scholz Organizations: European Commission, European Union Locations: China, United States, Moscow, Brussels, Europe, Germany, France, U.S, Beijing, Russia, Ukraine

☆ Column: Europe's clashes over coal may extend well beyond Poland
▼ + stars: | 2023-06-20 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +6 min

However, while Poland may be Europe's most coal-dependent economy with roughly 70% of electricity coming from coal, it is far from being Europe's only economy with a vested interest in extending the life of its power plants. HEAVY USERSGermany has the highest number of coal plants in Europe, with 53 facilities listed as participating in the EU Emissions Trading System (EU ETS), data from Ember shows. Poland is also home to the Belchatow Power Station, which is by far Europe's largest thermal coal plant, which alone spewed out over 35 million tonnes of CO2 in 2022. Czechia, formerly the Czech Republic, has 19 coal-fired plants in the EU ETS which emitted a collective 34 million tonnes of CO2 in 2022. Share of electricity from coal in select European countriesBulgaria, which depended on coal for 42% of electricity last year, has five plants in the EU ETS which emitted 23.8 million tonnes last year.

Persons: Ember, Belchatow, Gavin Maguire, Sonali Paul Organizations: Union, European Union, EU, Trading, ETS, EU ETS, World Bank, Belchatow, Southern, Global Energy Monitor, Western, Reuters, Thomson Locations: LITTLETON , Colorado, Ukraine, Poland, Germany, Netherlands, Romania, Turkey, Czechia, Greece, Europe, Czech Republic, Bulgaria, Slovenia, Italy

☆ EU countries fail to agree energy reforms after coal subsidy clash
▼ + stars: | 2023-06-19 | by ( Kate Abnett | ) www.reuters.com time to read: +3 min

EU energy ministers meeting in Luxembourg ended talks without a joint stance on the reforms that seek to avoid a repeat of last year's energy crisis, when record-high gas prices left consumers with soaring energy bills. EU countries' ambassadors will take up the negotiations, aiming for a deal this month. Asked about the coal proposal, Swedish Energy Minister Ebba Busch said ensuring Poland, which borders Ukraine, had stable power generation could help it support Ukraine with back-up power. Poland, which gets around 70% of its power from coal, could prolong its support scheme for coal plants, potentially until 2028, under the proposal. EU countries must negotiate the final power market upgrade with the EU Parliament, with the aim to pass the law before EU parliamentary elections next year.

Persons: Ebba Busch, Anna Moskwa, Robert Habeck, Kate Abnett, Tassilo Hummel, Sudip Kar, Giles Elgood, Emelia, Barbara Lewis, Marguerita Choy Organizations: Union, Swedish Energy, Reuters, European Commission, Climate, EU, Thomson Locations: Poland, Belgium, Germany, LUXEMBOURG, Luxembourg, Sweden, Ukraine, Ukrainian, Austria, Greece, Spain

☆ Rate cuts, hikes and pauses: The world's central banks just made very different decisions
▼ + stars: | 2023-06-19 | by ( Silvia Amaro | ) www.cnbc.com time to read: +2 min

From hawkish pauses to rate hikes and dovish tones, the world's biggest central banks last week struck very different tones on monetary policy. The European Central Bank on Thursday hiked rates and surprised markets with a worsening inflation outlook, which led investors to price in even more rate increases in the euro zone. This followed a Federal Reserve meeting where the central bank decided to pause rate hikes. Just days before that, China's central bank lowered its key medium-term lending rates to stimulate the economy. In Japan, where inflation is above target, the central bank has left its ultra-loose policy unchanged.

Persons: Carsten Brzeski, —, Erik Nielsen, UniCredit Organizations: European Central Bank, Reserve, ING Germany, CNBC, ECB, Bank of England Locations: Japan, Europe, Asia

☆ How Daniel Ellsberg, who died at 92, went from being a disillusioned member of the government-military elite to a hero of anti-war movements
▼ + stars: | 2023-06-17 | by ( Associated Press | ) www.businessinsider.com time to read: +16 min

Daniel Ellsberg, the whistleblower behind the Pentagon Papers, died at 92, his family said Friday. David Halberstam, the late author and Vietnam War correspondent who had known Ellsberg since both were posted overseas, would describe him as no ordinary convert. "Without Nixon's obsession with me, he would have stayed in office," Ellsberg told The Associated Press in 1999. Ellsberg's story was depicted in the 2009 documentary "The Most Dangerous Man in America: Daniel Ellsberg and the Pentagon Papers." He and Marx wedded in 1970, the year before the Pentagon Papers were made public.

Persons: Daniel Ellsberg, Ellsberg, —, — Daniel Ellsberg, Richard Nixon, Julia Pacetti, Dan, Robert S, McNamara, Lyndon Johnson's, John F, Kennedy, David Halberstam, Johnson, Neil Sheehan, Henry Kissinger, Hannah Arendt, Nixon, Nixon fumed, H.R, Haldeman, Matthew Byrne, Gordon Liddy, Howard Hunt, Byrne, Daniel, Harry Truman, nodded, Ellsberg's, Rand, Anthony J, Russo, Robert, Kissinger, Sen, William J, Fulbright, George McGovern of, Marcus Raskin, Ralph Stavins, Sheehan, Raskin, Stavins, didn't, spry, George W, Bush, Obama, Julian Assange, Chelsea Manning, Edward Snowden, Snowden, Patricia Marx, Marx Organizations: Pentagon, Service, Supreme, Defense, Harvard, Democratic, Republican, The New York Times, Washington Post, The Associated Press, National Security, United, U.S, White, Democratic Party's, Washington , D.C, Associated Press, Coast, Rand Corp, Christian Science, Soviet Union overseas, Harvard University, Marines, Ivy League, Defense Department, State Department, Rand, Xerox, Arkansas, Foreign Relations Committee, Institute for Policy, Times, ., Army, New York Times, Massachusetts Institute, Technology's Center for International Studies Locations: Boston, Los Angeles, Vietnam, Indochina, U.S, France's, America, United States, Beverly Hills , California, Washington ,, Saigon, Santa Monica, Chicago, Detroit, Pearl, London, Germany, Japan, Santa Monica , California, George McGovern of South Dakota, Iraq, Afghanistan, Russia

☆ China firmly opposes Huawei ban by some EU countries
▼ + stars: | 2023-06-16 | by ( ) www.reuters.com time to read: +1 min

BEIJING/STOCKHOLM, June 16 (Reuters) - China firmly opposes some EU countries' ban on Huawei and said the European Commission has no legal basis nor factual evidence to prohibit the Chinese telecom giant, a Chinese foreign ministry spokesperson said on Friday. EU industry chief Thierry Breton on Thursday urged more EU countries to join the 10 that have restricted or banned China's Huawei (HWT.UL) and ZTE (000063.SZ) from their 5G telecoms networks, citing risks to the bloc's collective security. Huawei has criticised the move saying this was not based on a verified, transparent, objective and technical assessment of 5G networks. Publicly singling out an individual entity as HRV without legal basis is against principles of free trade, a Huawei spokesperson said. "As an economic operator in the EU, Huawei holds procedural and substantial rights and should be protected under the EU and Member States’ laws as well as their international commitments," the person said.

Persons: Thierry Breton, Supantha Mukherjee, Foo Yun Chee, Andrew Cawthorne, Toby Chopra Organizations: Huawei, European Commission, EU, Telecom, Member, Beijing, Thomson Locations: BEIJING, STOCKHOLM, China, Germany, Europe, Member States, Stockholm, Brussels

☆ Germany to unveil first-ever National Security Strategy
▼ + stars: | 2023-06-14 | by ( ) www.reuters.com time to read: +3 min

BERLIN, June 13 (Reuters) - Chancellor Olaf Scholz's government is set to unveil Germany's first National Security Strategy on Wednesday which aims to provide an overview of the country's foreign policy and ensure a cohesive cross-ministry approach to security. Germany has had policy documents in the past addressing security but Scholz's three-way coalition agreed it wanted a more comprehensive strategy in its pact in November 2021. Scholz said Germany from now on would invest more than 2% of economic output on defence up from around 1.5% currently, after years of resisting pleas from NATO allies to do so - a pledge expected to be included in the National Security Strategy. The document is unlikely to go into Germany's policy on China at length, however, as the government is expected to publish a separate China strategy later this year. One of the most contentious issues was the idea of a National Security Council, which the government eventually abandoned due to disagreements over where it should be housed.

Persons: Olaf Scholz's, Germany's, Scholz, Nils Schmid, Mikko Huotari, Thorsten Benner, Sarah Marsh, Andreas Rinke, Lincoln Organizations: Security, National Security, Scholz's Social, Mercator Institute for China Studies, Greens, National Security Council, Global Public Policy Institute, Thomson Locations: BERLIN, Germany, Ukraine, Russia, China

☆ I moved to Germany and regret it. The people have been unwelcoming, and not even the great healthcare can convince me to stay.
▼ + stars: | 2023-06-13 | by ( Chris Weller | ) www.businessinsider.com time to read: +7 min

Stephanie Bollmer moved to Germany from South Korea about 18 months ago. I was living in South Korea, teaching English, when I met my now-husband in 2021. In the US and South Korea, I was used to people being friendly toward visitors trying to learn the language. Coming from the US and South Korea, where same-day or next-day delivery are more common, this has been an adjustment. But coming from South Korea, where the care is even better than Germany, I recognize it's the care, not Germany, that I'll miss.

Persons: Stephanie Bollmer, Bollmer, —, It's, We're, restationed, I've, I'm, I'd, stepmom, Germany that's, it's Organizations: Service Locations: Germany, South Korea, Sacramento , California, United States, German, Berlin, Frankfurt, Korea, Philippines, California

☆ I moved to Germany and regret it. I've felt unwelcome by the people, and not even the great healthcare can convince me to stay.
▼ + stars: | 2023-06-13 | by ( Chris Weller | ) www.businessinsider.com time to read: +7 min

Stephanie Vollmer moved to Germany from South Korea about 18 months ago. I was teaching English in South Korea when I met my now-husband in 2021. In the US and South Korea, I was used to people being friendly toward visitors trying to learn the language. Coming from the US and South Korea, where same-day or next-day delivery is more common, this has been an adjustment. When I lived in South Korea, I was much closer to my dad and my stepmom, who lived in the Philippines.

Persons: Stephanie Vollmer, Vollmer, —, We're, restationed, It's, I'm, I'd, I've, Germany that's, it's Organizations: Service, Amazon Locations: Germany, South Korea, Sacramento , California, United States, German, Berlin, Frankfurt, Korea, Philippines, California

☆ Inside the UK training camp where Ukrainians learn to destroy Russian tanks and survive on the battlefield
▼ + stars: | 2023-06-13 | by ( Mandoline Rutkowski | ) www.businessinsider.com time to read: +8 min

Ukrainian soldiers are crouching in a dug trench, while two men stand at the edge. Ukrainian soldiers at a British training camp. Since 2015, after Russia annexed Crimea and began the war in the east of the country, London has been training Ukrainian soldiers. Among empty residential buildings, Ukrainian soldiers learn how to liberate an occupied building. Alina, the 28-year-old soldier, and the other newly trained Ukrainian forces at the military base are ready for their return.

Persons: —, Mandoline, Alina, Putin, Rishi Sunak, James, London, Dmitry Medvedev, Alexei Leonkov, Truton, Truton Mandoline, Volodymyr Zelensky Organizations: London, Service, Nine, German Armed Forces, Command, EU, Patriot, Challenger, NATO, Twitter Locations: United Kingdom, Ukraine, WELT, England, Britain, Russian, British, Russia, Norway, Denmark, Sweden, Finland, Lithuania, Netherlands, Germany, Berlin, Crimea, London, Ukrainian, Moscow, United States, Great Britain, Kyiv

☆ German Chancellor Scholz says he plans to speak to Putin soon
▼ + stars: | 2023-06-10 | by ( ) www.reuters.com time to read: +1 min

FRANKFURT, June 10 (Reuters) - German Chancellor Olaf Scholz said on Saturday he planned to speak to Russian President Vladimir Putin on the phone soon to urge him to withdraw Russia's troops from Ukraine. Addressing a convention of the German Protestant church in Nuremberg, Scholz said he had spoken to Putin by telephone in the past. "I plan to do it again soon," he said. Moscow and Kyiv both reported heavy fighting in Ukraine on Friday, but it remained uncertain whether Ukraine's long-anticipated counterattack was under way. Reporting by Andreas Rinke Writing by Ludwig Burger Editing by Helen PopperOur Standards: The Thomson Reuters Trust Principles.

Persons: Olaf Scholz, Vladimir Putin, Scholz, Putin, Andreas Rinke, Ludwig Burger, Helen Popper Our Organizations: NATO, Thomson Locations: FRANKFURT, Russian, Ukraine, Nuremberg, Moscow, Kyiv, Germany, Russia, Black, Odesa, Poltava

☆ EU to try again for renewable energy deal after nuclear row
▼ + stars: | 2023-06-10 | by ( Kate Abnett | ) www.reuters.com time to read: +2 min

BRUSSELS, June 10 (Reuters) - European Union countries will try again next week to pass a deal on new renewable energy targets, which have been stalled by concerns from France and other states that the law sidelines nuclear energy. Paris has sought changes to the law to offer more favourable treatment of nuclear energy, and said the final deal puts at a disadvantage countries like France with large shares of nuclear power. Nuclear energy is low-carbon, but not renewable. The EU law is designed to drive a rapid expansion of renewable energy sources like wind and solar. Meanwhile, states including Germany and Luxembourg - both anti-nuclear countries - plus Denmark and Ireland have urged the EU to resolve the spat quickly, warning the delay endangers investments in renewable energy.

Persons: Paris, Bruno Le Maire, Kate Abnett, Dominique Vidalon, Frances Kerry Organizations: Union, EU, European Commission, French Finance, France, Thomson Locations: BRUSSELS, France, EU, Paris, Bulgaria, Poland, Hungary, Czech Republic, Germany, Luxembourg, Denmark, Ireland

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