European Union leaders renewed economic sanctions on Russia for another six months on Thursday and reviewed the latest U.S. trade proposals during a summit in Brussels.
French President Emmanuel Macron said the EU remains open to a swift and pragmatic trade deal with Washington but called for fair terms. “Our goodwill should not be seen as a weakness,” he told reporters. “If the U.S. maintains its baseline tariff of 10%, Europe’s response must carry equal weight.”
European Commission President Ursula von der Leyen confirmed that the EU had received a new document from Washington. “We are ready for a deal,” she said, adding: “At the same time, we are preparing for the possibility that no satisfactory agreement is reached. All options remain on the table.”
German Chancellor Friedrich Merz echoed the call for a streamlined process, saying the EU should pursue a “quick and simple” agreement. He noted that von der Leyen had also proposed exploring a new trade body led by European nations, as the World Trade Organization faces challenges.
The renewed push for a U.S.-EU trade agreement comes as President Donald Trump promotes updated tariff policies with global partners. Trump announced Wednesday that the U.S. had signed a trade deal with China and suggested a similar agreement with India may follow.
Separately, EU officials confirmed the extension of sanctions on Russia, citing the ongoing war in Ukraine. The measures will remain in place for another six months.
Leaders are expected to return to the trade agenda in July, with talks set to intensify in the coming weeks.
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The World Food Programme has called for more food aid to be allowed in to Gaza to quell widespread starvation.
Turkish President Recep Tayyip Erdoğan is highlighting Türkiye’s push for homegrown air defence, as the country develops new systems and deepens defence ties internationally.
The United Kingdom has summoned the Russian envoy over its latest attack on Kyiv which killed civilians and damaged buildings including the EU delegation and the British Council.
Pakistan’s eastern towns of Chiniot and Hafizabad are at risk of devastating floods if an irrigation barrage on a major upstream river collapses after torrential rains pushed it beyond capacity, officials warned on Thursday.
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.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
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.
Kuwait says oil prices will likely stay below $72 per barrel as OPEC monitors global supply trends and U.S. policy signals. The remarks come during market uncertainty fueled by new U.S. tariffs on India and possible sanctions on Russia.
The World Food Programme has called for more food aid to be allowed in to Gaza to quell widespread starvation.
The United Kingdom has summoned the Russian envoy over its latest attack on Kyiv which killed civilians and damaged buildings including the EU delegation and the British Council.
China plans to triple Artificial Intelligence (AI) chip production within a year, boosting self-sufficiency for firms such as Huawei, despite U.S. export curbs, reducing reliance on foreign suppliers and bolster domestic innovation, in a move that could reshape global tech competition.
The Kremlin said on Thursday it was still interested in pursuing peace talks over Ukraine, despite a large overnight Russian strike on Kyiv that Ukrainian officials said killed at least 15 people, including four children.
At least 15 people died and nine were injured after a building collapsed in Palghar, near Mumbai in India, with police arresting the builder on charges of negligence and attempted murder.
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