Treasury Secretary Bessent calls for "entire" review of Fed
U.S. Treasury Secretary Scott Bessent on Friday called for a wide-ranging re-examination of the Federal Reserve’s role and authority, including its ...
Belgian authorities conducted searches at the Brussels headquarters of Chinese tech giant Huawei and at 21 homes across Belgium—and even in Portugal—as part of a fresh corruption probe into alleged bribery of members of the European Parliament.
According to investigative reports from Follow the Money, Le Soir, and Knack, lobbyists working for Huawei are suspected of paying bribes to influence EU decision-making. Sources claim that around 15 current and former MEPs might be implicated in the case. The police operation, described as covert, targeted potential evidence of crimes including bribery, forgery, money laundering, and criminal organization, with documents and electronic devices being confiscated during the searches.
A 41-year-old lobbyist, Valerio Ottati, identified as a central figure in the investigation, is said to have joined Huawei six years ago after previously working for Italian MEPs on China dossiers. Belgian authorities have indicated that if the investigation implicates current MEPs, they will request that the European Parliament waive their immunity. A spokesperson for the Parliament affirmed that the institution “always cooperates fully with the judicial authorities.” To date, however, no searches have been conducted at the European Parliament itself, and no immunity waivers have been requested.
This latest probe comes at a time when the European Parliament is still grappling with the fallout from the 2022 Qatargate scandal, which exposed corruption involving cash and other benefits exchanged by some MEPs for influencing EU policies. The new allegations risk further damaging the institution’s reputation, with far-right and Eurosceptic politicians once again alleging systemic corruption within the EU.
As the investigation unfolds, authorities continue to examine the extent of Huawei’s lobbying activities and their potential influence on European policy-making, underscoring growing concerns about foreign interference in EU affairs.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
U.S. Treasury Secretary Scott Bessent on Friday called for a wide-ranging re-examination of the Federal Reserve’s role and authority, including its control over interest rate policy, as the Trump administration steps up its campaign to assert greater oversight over the central bank.
The Trump administration is preparing to introduce new rules that would restrict or potentially block imports of Chinese-made drones and medium to heavy-duty vehicles, citing national security concerns.
British Prime Minister Keir Starmer carried out a major cabinet reshuffle on Friday (September 5), appointing new deputies as well as foreign and interior ministers in a bid to reassert control following the resignation of his deputy, Angela Rayner.
Australian driver Daniel Ricciardo confirmed on Friday (September 5) that his racing career has come to an end, announcing he will take on a new role as a global motorsports ambassador for Ford.
Lebanon’s cabinet on Friday (September 5) endorsed an army proposal to disarm Hezbollah, saying the military would begin implementing it, though without a set timeline and while noting the army’s limited resources.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment