Pension costs undermine Europe’s push to rebuild military power
As European NATO countries rush to strengthen their armed forces, large pension bills threaten to divert funds from urgently needed military hardware.
Some 47 million Europeans were not able to adequately heat their homes last year, says Dan Jorgensen
People in Europe are struggling with high energy bills, and the EU is still importing fuels from Russia, the European commissioner responsible for energy and housing said on Wednesday.
The EU may save €45 billion ($47.3 billion) in energy imports by deploying clean energy faster, providing more renewable energy, and more energy efficiency, Dan Jorgensen said.
Saying that European citizens are struggling with the high energy prices, he underlined that around 47 million Europeans last year were not able to adequately heat their homes.
"High energy prices are damaging our ability to compete. We pay 2-3 times more for energy in our industries in Europe than our competitors in the US and China," he said.
"We need to lower our prices significantly," he stressed.
Saying this issue is also related to security, he noted: "Europe is buying Russian gas and thereby indirectly helping Putin finance his war."
Since the beginning of the Russian war on Ukraine, Europe imported fossil fuels from Russia for an amount equal to the price of 2,400 F-35 fighter jets, he stated.
India has fired a series of missiles into Pakistani-controlled territory, in what it has described as “Operation Sindoor”
For the first time in history, an American has been chosen to lead the Catholic Church, as Cardinal Robert Prevost is named pope.
Discover every major VE Day 80 event in Britain, 5‑8 May 2025—from London’s parade and fly‑past to street parties, concerts and museum exhibitions.
Chinese e-commerce platform Temu has announced it will no longer sell goods directly from China to U.S. customers, shifting instead to U.S.-based sellers amid the closure of a long-criticized customs loophole.
Cardinals from 70 nations have gathered in Vatican City to begin the historic conclave to elect the next pope, following the death of Pope Francis 17 days ago. This conclave is the most geographically diverse in Church history, showcasing Francis’ legacy of inclusivity.
President Donald Trump and U.K. Prime Minister Keir Starmer have reached a trade agreement that lowers U.S. tariffs on British autos, steel, and aluminum, while maintaining a 10% baseline tariff on other goods and boosting American exports of beef and ethanol.
Start your day informed with AnewZ Morning Brief: here are the top news stories for May 9th , covering the latest developments you need to know.
Italians gather to honour all who resisted fascism — including the forgotten Azerbaijani soldiers of Monte di Nese, each year. Their names may be lost, but their struggle for freedom is etched into the memory of this land.
Britain's King Charles has called on the world to work toward lasting peace and preventing future wars during a speech marking the end of four days of events celebrating the 80th anniversary of Victory in Europe (VE) Day.
Before becoming Pope Leo XIV, Cardinal Robert Prevost shared rare insights on faith, unity, and modern challenges in a few candid interviews.
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