Iran conveys initial response to U.S. proposal through Qatar
Iran’s Foreign Ministry says it has conveyed its initial position to the United States through Qatar over Washington’s response to Tehr...
The European Union will strengthen its power grid and launch a new initiative targeting eight key energy bottlenecks across the bloc, according to the European Commission President.
Ursula von der Leyen made the annoucement on Tuesday saying that the EU plans to modernise its electricity infrastructure and integrate national power networks more closely.
Speaking at a conference in Brussels titled "One Year After the Draghi Report", von der Leyen said the Commission would soon propose a new “grid package” and an “energy highways” initiative aimed at eliminating eight critical bottlenecks in the EU’s energy infrastructure.
“National grids are still not fully integrated,” she said, highlighting that energy prices vary widely across the bloc.
“In some member states, electricity is three times more expensive than in others. If energy could flow more freely to where it is needed, many price hikes could have been avoided.”
Von der Leyen said the Commission would provide funding where necessary to overcome infrastructure gaps.
She emphasised that decarbonisation and economic competitiveness depend on lower energy costs.
“Europe is overly dependent on imported fossil fuels,” she said. “Our solution lies in domestic sources — renewables and nuclear — which ensure both energy security and independence.”
According to von der Leyen, more than 70% of the EU's electricity now comes from low-carbon sources. A record €40 billion (about $43 billion) was invested in wind energy in the first half of 2025 alone, following the launch of a wind energy package that cut permitting times by two-thirds. As a result, the EU reduced its fossil fuel bill by €60 billion (about $64.5 billion) last year, she said.
Von der Leyen also pointed to the EU's growing strength in artificial intelligence, noting a 67% increase in European businesses adopting Artificial Intelligence (AI) this year.
“This time, Europe is not trying to catch up — we are among the frontrunners,” she said.
She added that digital infrastructure must serve industrial and innovation goals.
“We have built AI factories and will soon convert the best of them into giga factories,” she said.
Commenting on Europe’s internal market, von der Leyen stressed that it remains incomplete and that existing trade barriers within the bloc act as de facto tariffs. “This must change,” she said.
Draghi Report impact
Her comments come a year after former European Central Bank President Mario Draghi released a report urging the EU to adopt a more coordinated industrial policy, accelerate decision-making, increase investment, and consider joint borrowing to remain economically competitive with the U.S. and China.
The Draghi report warned that the EU’s global competitiveness had weakened due to overlapping crises — including the COVID-19 pandemic, supply chain disruptions, the war in Ukraine, and rapid technological change.
Iran's Oil Minister Mohsen Paknejad has resigned, with Hamid Bovard, chief executive of the state-owned National Iranian Oil Company (NIOC), appointed as acting oil minister, according to Iranian state media.
Right-wing Brazilian Senator Flavio Bolsonaro will face leftist President Luiz Inacio Lula da Silva in a runoff of the presidential election later this month, after he exceeded expectations in Sunday's first-round vote with a slight lead over the incumbent.
Candidates elected to Bosnia and Herzegovina's three-member presidency declared victory after preliminary unofficial results showed Denis Becirovic leading the Bosniak seat, Darijana Filipovic ahead in the Croat seat and Zeljka Cvijanovic likely retaining the Serb seat.
Iran says the Strait of Hormuz will remain closed until the United States meets seven conditions agreed under a June memorandum, as President Donald Trump signals he may soon decide whether to resume military operations against Tehran.
Uzbekistan’s grape exports have grown rapidly. In January-August 2025, the country exported 86,200 tonnes of fresh grapes worth $78.3 million to 19 countries but can it turn these crops into a recognisable international product?
Here's your AnewZ Daily Brief for 5 October 2026. These are the top five elections making headlines around the world.
The United States has withdrawn all 12 of its B-1 bombers from RAF Fairford in Britain, just a week after several people were arrested over an alleged plot targeting the air base.
Australian counterterrorism authorities are examining the links of the co-pilot accused of attacking the captain and attempting to take control of a flydubai flight bound for Israel. Authorities in New Zealand have also said they are investigating reports the suspect had spent time in that country.
Spain's Prime Minister Pedro Sánchez on Monday called a snap election for 29 November in a bid to strengthen his mandate after a fragmented parliament rejected the government's key housing decrees last week amid widespread protests.
King Charles’ younger brother, Andrew Mountbatten-Windsor, has launched legal action against Thames Valley Police over his arrest in connection with an investigation into documents allegedly passed to late sex offender Jeffrey Epstein, the Telegraph reported on Sunday.
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