British Prime Minister Boris Johnson attends a news conference during a NATO summit in Madrid, Spain June 30, 2022. yves herman | Reuters LONDON — Over 50 members of parliament have resigned from UK Prime Minister Boris Johnson’s government since Tuesday, as the unprecedented revolt against the leader from within his own party continues. After … Read more
Habeck has previously warned the situation is going to be “really tight in winter” without precautionary measures to prevent a gas supply shortage. Picture Alliance | Picture Alliance | Getty Images Germany has declared it is moving to the so-called “alert level” of its emergency gas plan, as reduced Russian flows exacerbate fears of a … Read more
European Commission President Ursula von der Leyen said Ukraine should be welcome as a candidate country. Kenzo Tribouillard | dpa | Getty Images The European Commission on Friday recommended that Ukraine becomes a membership candidate to join the EU — albeit on the understanding that the war-ravaged country carries out a number of important reforms. … Read more
The European Central Bank announced an unscheduled monetary policy meeting for Wednesday, at a time when bond yields are surging for many governments across the euro zone. “They will have an ad hoc meeting to discuss current market conditions,” a spokesperson for the central bank told CNBC. Borrowing costs for many governments have risen sharply … Read more
UK Prime Minister Boris Johnson Wpa Pool | Getty Images News | Getty Images The UK’s Prime Minister Boris Johnson will face a vote of confidence later on Monday amid increasing dissatisfaction in his leadership. To trigger a vote of confidence, 15% of Conservative lawmakers (or 54 of the current 360 Conservative Party MPs) are … Read more
The UK’s Office for National Statistics said its estimates suggest that inflation would have last been higher “sometime around 1982.” Justin Tallis | dpa | Getty Images LONDON — UK inflation soared to a 40-year high of 9% in April as food and energy prices spiraled, official figures revealed Wednesday, escalating the country’s cost-of-living crisis. … Read more
Truss had previously warned the UK would have “no choice but to act” if EU lawmakers do not show the “requisite flexibility” over the protocol. Janine Schmitz | Photothek | Getty Images British Foreign Secretary Liz Truss confirmed on Tuesday that the government intends to introduce legislation to make changes to the Northern Ireland protocol … Read more
Finland’s Prime Minister Sanna Marin (L) and President Sauli Niinisto. Heikki Saukkomaa | dpa | Getty Images Finland will apply for membership in NATO, the country’s president said Sunday, in a historic move for the Nordic country, which has had a decades-long policy of military neutrality. In a press conference alongside Prime Minister Sanna Marin, … Read more
A French soldier takes part in a major drill as part of NATO’s EFP (Enhance forward presence) operation at the Tapa Estonian army camp near Rakvere, on February 6, 2022. Alain Jocard | dpa | Getty Images Finland’s President Sauli Niinisto and Prime Minister Sanna Marin said Thursday that the country should apply to join … Read more
U.S. House passes $40 billion aid package to Ukraine Rescue workers walk past debris and carsunder ruins in front of the shopping and entertainment center in the Ukrainian Black Sea city of Odessa on May 10, 2022, destroyed after Russian missiles strike late on May 9, 2022. Oleksandr Gimanov | AFP | Getty Images The … Read more