Trump seeks to intensify economic pressure on Iran - so what are his options?
U.S. President Donald Trump has vowed...
The European Commission has said it does not view imposing network fees on major technology firms as a practical solution to the ongoing debate over funding the expansion of 5G and broadband infrastructure across the bloc.
The controversy centres around a long-running dispute between Europe's major telecom operators such as Deutsche Telekom, Orange, Telefonica, and Telecom Italia and digital giants including Google, Meta, Netflix, Microsoft, and Amazon. The telecom companies argue that Big Tech should contribute to the cost of digital infrastructure, given the significant share of internet traffic generated by their services. They have labelled it a matter of "fair share" funding.
However, tech firms have pushed back, describing the proposal as an “internet tax” and highlighting their own investments to improve service efficiency.
The debate intensified following the publication of a U.S. White House fact sheet on 28 July, which, in reference to a recent EU-U.S. trade agreement, stated that the European Union had confirmed it would not introduce or uphold network usage charges.
Commission spokesperson Thomas Regnier clarified the EU’s stance during a press briefing, citing a White Paper issued in February last year. "Based on the findings of this White Paper, we have assessed and concluded that network fees are not a viable solution," Regnier said.
He also stressed that any such exemption would not apply exclusively to U.S. companies, in response to concerns over trade fairness.
Looking ahead, the Commission plans to propose the Digital Networks Act in November, which will present a broader strategy to improve Europe’s digital infrastructure without relying on network usage charges.
Iran on Saturday denounced U.S. plans to announce new sanctions that could put further strain on the Islamic Republic's economy and have an impact on its most important trading partners including China.
A large-scale drone attack has hit Russia's Samara region, damaging facilities and disrupting operations at an Ozon logistics complex, according to regional authorities and the company.
Ukrainian President Volodymyr Zelenskyy has rejected calls for a wartime election, arguing that holding a vote while Russia's full-scale invasion continues would divide the country and undermine national unity.
U.S. President Donald Trump said Iran was not ready to make what he called the "right deal" with Washington as tensions persisted over the war and the Strait of Hormuz.
Türkiye said on Thursday it would continue helping Syria strengthen its military, despite rising tensions with Israel over Ankara’s role in the country.
AnewZ Business Europe, a new weekday programme, takes viewers inside companies driving growth and innovation across the continent, with Brickken CEO Edwin Mata joining the programme for its first episode with host Chief Global Editor Guy Shone. The show airs every Friday.
Once associated mainly with Muslim-majority countries, Islamic finance has become a global industry. Its assets reached around $5.98 trillion in 2024, according to ICD–LSEG, as more countries explore Shariah-compliant finance.
Fuel restrictions have returned to parts of Moscow and the surrounding region, adding another strain to Russia’s economy as refinery outages and rising imports weigh on the rouble.
Azerbaijan exported goods worth $17.372 million to Armenia between January and July 2026, according to data from the State Customs Committee, as commercial ties between the two South Caucasus neighbours showed signs of expansion.
Online fast-fashion platform Shein lost a London copyright lawsuit against rival Temu on Thursday over photographs used to promote some products.
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