U.S. carries out fresh strikes against Iran after tanker struck in Hormuz
A tanker reported being struck by a projectile in the Strait of Hormuz on Saturday, Britain's maritime security agency said, after the United States a...
Hungarian Prime Minister Viktor Orban has sharply criticised the European Commission’s proposed budget, warning it could lead to the EU’s collapse.
The European Commission's proposed new budget lacks clear strategic foundations and would ruin the European Union, Hungarian Prime Minister Viktor Orban told state radio on Friday.
"This budget would ruin the European Union. This budget I believe will not survive even next year, the Commission will either have to withdraw it or the Commission will have to backtrack step by step," Orban said, criticising plans to allocate money to Ukraine and planned changes to farm subsidies.
His comment comes after the European Commission proposed a 2 trillion euro ($2.31 trillion) EU budget for 2028 to 2034 on Wednesday (16 July), with a new emphasis on economic competitiveness and defence and plans to overhaul traditional spending on farming and regional development.
"It is a budget that matches Europe's ambition, that confronts Europe's challenges and that strengthens our independence," Commission President Ursula von der Leyen told reporters in Brussels.
She added that, "The budget is larger. It is smarter and it is sharper. It delivers for our citizens and our business, our partners and our future."
The Commission said its proposal amounted to 1.26% of the 27-nation European Union's Gross National Income - a measure of the size of the economy - compared to 1.13% for the current seven-year budget.
But the Commission proposed several ways to raise more funds directly, including a new tax on companies doing business in Europe that have an annual net turnover exceeding 100 million euros in an EU country.
Some EU countries and lawmakers were quick to criticise the proposal.
"The EU is important for our prosperity, but the proposed budget is too high," Dutch Finance Minister Eelco Heinen said.
Hungary's Prime Minister Viktor Orban said "globalist bureaucrats" were plotting to "drain Europe’s money into Ukraine" while "our farmers are rising up to defend their future".
"The EU Commission’s budget proposal isn’t just unfair, it’s not even fit to be negotiated," he said on X.
Farmers held a protest in Brussels, with influential European farmers' lobby group COPA-COGECA calling the day European agriculture's "Black Wednesday".
France said on Saturday it was considering taking reciprocal measures after Burkina Faso broke off diplomatic relations.
Tens of thousands of people are still unaccounted for after two powerful earthquakes struck Venezuela. At least 589 people have been confirmed dead and hundreds are believed to be trapped under rubble, as emergency crews and international rescue teams race to respond.
Japan remained on high alert Saturday as Typhoon Mekkhala approached the eastern coast after Typhoon Higos weakened into a tropical depression. Authorities warned of continued heavy rain, flooding, and landslides, according to media reports.
A tanker reported being struck by a projectile in the Strait of Hormuz on Saturday, Britain's maritime security agency said, after the United States and Iran each launched strikes in the worst escalation since they signed their interim peace deal.
Germany and Poland are bracing for sweltering conditions as a deadly heatwave that has gripped Western Europe moves east, with temperatures expected to approach 40C over the weekend.
At least three paramilitary troops and three suspected militants were killed after heavily armed attackers stormed a Rangers security compound in Pakistan's southern port city of Karachi on Saturday, authorities said.
"I will be president for only a couple of weeks, and then I will resign," Vucic told supporters at a pro-government rally in the capital, Belgrade.
The death toll in the twin earthquakes which rocked Venezuela earlier this week has risen to 1,430, top lawmaker Jorge Rodriguez said on Saturday. Another 3,200 people were injured and 3,100 left homeless by the disaster, he added on state television.
Australia said it would double the maximum penalty it can impose on tech firms found to have failed to uphold a groundbreaking social media ban for children, as evidence mounts that the ban has had little effect on teen use.
France said on Saturday it was considering taking reciprocal measures after Burkina Faso broke off diplomatic relations.
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