EU proposes new target to reduce greenhouse gas emissions 90% by 2040
The European Commission has proposed an amendment to the EU Climate Law aimed at reducing net greenhouse gas emissions 90% by 2040, compared with 1990...
Talks in Paris between U.S. officials and European leaders have kickstarted a new diplomatic format aimed at shaping Ukraine's post-war future, with the involvement of Europe’s three most powerful countries.
The meeting, held Thursday at the Élysée Palace, brought together U.S. Senator Marco Rubio and special envoy Steve Witkoff with senior officials from France, Britain and Germany — the so-called “E3.” A senior adviser to French President Emmanuel Macron described the session as “excellent” and said it marked the beginning of a more structured European role in the peace process.
“The E3 are around the table, and we’re doing it with a European ambition,” the adviser told reporters after the talks, adding that the outcome was “positive” and “constructive.”
Until now, the bulk of Ukraine-focused negotiations have been driven by Washington, with European capitals mostly aligned but less directly involved in shaping the framework of potential outcomes. Paris is now seeking to reposition Europe as a more proactive player.
A follow-up meeting among top negotiators from the same countries is scheduled for next week in London, the official said, though no public details were given about the precise agenda.
The talks come as the U.S. continues to mediate between Kyiv and Moscow. While no peace deal is yet on the table, the process appears to be gaining momentum, with wider international coordination taking form.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
The European Commission is set to propose allowing carbon credits from other countries to count towards the EU’s 2040 climate target, according to a leaked internal document.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
A British Royal Navy F-35 fighter jet that has remained grounded in southern India since mid-June may soon be dismantled and transported back to the UK by military transport, as repair efforts continue to stall, according to a report by India Today.
Finland has endorsed the European Union’s proposed 90% cut in greenhouse gas emissions by 2040, calling it a step toward climate neutrality and in line with its national goals, a key milestone on the EU’s path to climate neutrality by 2050.
The World Health Organization (WHO) has called for a 50% price increase on sugary drinks, alcohol, and tobacco over the next decade, pushing for taxation as a means to reduce chronic diseases and raise funds for health systems.
German Chancellor Friedrich Merz called on the European Union to resolve its tariff dispute with the United States swiftly to safeguard critical industries such as cars, steel, and pharmaceuticals.
The European Union has raised Ukraine's electricity export capacity by 38.5%, enabling the country to generate additional revenue to repair energy infrastructure damaged by Russian attacks.
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