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US to grow at double the rate of G7 peers this year, says IMF: Fund also upgrades inflation forecasts as strong demand and tight labour market delay possible Fed ...
ft.com/content/3b819571-662d-4185-9ca5-c7e682b55700
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
Controversial activities in the West Bank: EU apparently imposes sanctions against Israeli settlers for the first time
spiegel.de/ausland/eu-verhaengt-offenbar-erstmals-sanktionen-gegen-israelische-siedler-a-bb12f456-fdcb-4b25-8387-2642daa05120
EU tells Meta it can't paywall privacy: Platforms should not confront users with 'binary choice' over personal data use
theregister.com/2024/04/18/eu_meta_subscription_privacy/
Quick Glance: EU instructs Meta against paywalling privacy
- The European Data Protection Board (EDPB) has clarified that large online platforms should not offer users a choice between paying for a service and consenting to the use of their personal data for targeted advertising.
- In an EDPB opinion published yesterday, the discussion revolves around the validity of processing personal data for behavioral advertising in the context of 'consent or pay' models introduced by Meta.
- According to the EDPB, it is generally not compliant with legal requirements for valid consent when users are only given the option to consent to the processing of personal data for advertising purposes or pay a fee.
- Meta is expected to maintain collaboration with the Irish Data Protection Commission, the primary regulatory authority in the EU. The opinion is projected to have no impact on Meta's services.
Official: EU users can swerve App Store and download iOS apps from the web: Anticompetitive remedies? We've heard of them
theregister.com/2024/04/17/apple_eu_ios_web_downloads/
EU Sanctions Several Israeli Settlers Over Violence in West Bank: The European Union formally approved sanctions Friday on violent Israeli settlers ...
bloomberg.com/news/articles/2024-04-19/eu-sanctions-several-israeli-settlers-over-violence-in-west-bank
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Blinken says U.S. not involved in "any offensive operations" when asked about Iran
reuters.com/world/us/blinken-says-us-not-involved-any-offensive-operations-when-asked-about-iran-2024-04-19/
UK Rejects EU Youth Mobility Scheme to Ease Travel for Young Adults: The UK government rejected the European Union’s proposal to negotiate a post-Brexit deal for ...
bloomberg.com/news/articles/2024-04-19/uk-rejects-eu-proposal-to-ease-travel-for-young-adults
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EU to tighten Iran sanctions after Israel attack: The expanded penalties target companies involved in the production of drones and missiles.
bbc.com/news/world-europe-68842436
Quick Glance: US imposes new sanctions on Iran's drone program
- The United States imposed new sanctions Thursday on sixteen people and two entities associated with Iran’s drone program to punish Tehran for the weekend's attack on Israel.
- The sanctions target executives of an engine manufacturer supplying Iran’s Shahad-131 drones, companies servicing the engines, and individuals providing the drones to Iranian proxy forces in the Middle East.
- Coordinated with European allies, the new sanctions aim to disrupt Iran's missile and drone program and isolate the country globally.
- President Joe Biden emphasized the US commitment to holding Iran accountable, utilizing economic tools to counter Iran's activities, as stated by Treasury Secretary Janet Yellen.
EU Set to Launch China Probe on Medical Device Procurement: The European Union is set to launch an investigation into China’s procurement of medical devices ...
bloomberg.com/news/articles/2024-04-15/eu-is-set-to-launch-china-probe-on-medical-device-procurement
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EU Leaders to Urge ‘Paradigm Shift’ to Reverse European Decline: The European Union’s waning clout versus major geopolitical rivals is sounding alarm bells in ...
bloomberg.com/news/articles/2024-04-17/eu-leaders-to-urge-paradigm-shift-to-reverse-european-decline
Orbán and Farage’s right-wing fiesta goes ahead in Brussels after big court win: The controversial gathering will continue as planned.
politico.eu/article/viktor-orban-nigel-farage-right-wing-fiesta-go-ahead-brussels-big-court-win/
Quick Glance: Brussels Police Shut Down Right-Wing Conference with Farage and Braverman
- Brussels police stormed a right-wing conference attended by Nigel Farage and Suella Braverman after orders for the event to be shut down.
- The controversial National Conservatism Conference was closed to ensure public safety.
- Despite police arriving and giving attendees 15 minutes to leave, speeches continued.
- The conference, hosted by Viktor Orban and the Edmund Burke Foundation, aimed to strengthen national conservatism principles in Western countries.
Exclusive: TikTok quizzed by EU on TikTok Lite launch in France, Spain: ByteDance's TikTok has been given 24 hours to provide a risk assessment on its new app ...
reuters.com/technology/tiktok-quizzed-by-eu-tiktok-lite-launch-france-spain-2024-04-17/
Quick Glance: ByteDance Given 24 Hours to Provide DSA Risk Assessment for TikTok Lite
- The EU demands TikTok owner ByteDance to submit a risk assessment for TikTok Lite within 24 hours to address compliance questions related to the Digital Services Act.
- EU's concerns focus on the launch of TikTok Lite, especially on a reward-linked engagement feature that could have a negative impact on young people's mental health.
- The EU has requested TikTok to provide more information on the risk assessment of the new program and the measures to mitigate systemic risks.
- The company has until April 26 to provide additional information before the EU decides on potential further steps, such as a formal investigation.
UK Spurs Intelligence Sharing With Allies on Vote Manipulation: The UK is spearheading a drive to expand intelligence-sharing on electoral interference beyond ...
bloomberg.com/news/articles/2024-04-18/uk-spurs-intelligence-sharing-with-allies-on-vote-manipulation
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Ukraine air defense: G7 ministers seeking urgent support : Foreign ministers from the Group of Seven (G7) major powers warned on Thursday that Ukraine risked ...
reut.rs/49L6auN
Joe Biden convenes G7 in response to Iran’s ‘brazen’ attack on Israel : US president reaffirms ‘ironclad’ backing for ally in call with Benjamin Netanyahu
ft.com/content/2c096ccb-5f1f-4887-9f43-d47b051f6ef4
Quick Glance: The Night Iran's Missile Show Rattled Israel
- In Tehran, 'Operation True Promise' launched an unprecedented aerial assault on Israel.
- The direct clash between powerful militaries showcased Israel's defense and Iran's display of power.
- Despite minor damages and injuries, the question remains whether this attack signifies further escalation or the start of a war.
- The missile and drone strikes resulted in minimal damage, with Israel and allies successfully intercepting most projectiles.
Orbán to Brussels: Time to shake up ‘bad’ EU leadership: “If the leadership proves to be bad, it must be replaced. It’s that simple,” Hungarian leader says.
politico.eu/article/hungarian-prime-minister-viktor-orban-calls-for-eu-leadership-change-at-the-upcoming-elections/
Russia's war: EU holds out prospect of further aid for Ukraine: Ukrainian President Volodymyr Zelensky was connected to the EU summit in Brussels via video ...
spiegel.de/ausland/eu-stellt-ukraine-weitere-hilfe-in-aussicht-a-14f20bc5-d555-43bb-aab9-20f0dae8b986
US urges EU to tell China to halt transfer of weapons parts to Russia: Officials point to growing co-operation between Beijing and Moscow on production of arms ...
ft.com/content/ecd934b6-8a91-4b78-a360-9111f771f9b1
REPORT: Nestle Adds Sugar to Baby Food Sold in Nigeria, Other Poor Countries Against WHO Guidelines
fij.ng/article/report-nestle-adds-sugar-to-baby-food-sold-in-nigeria-other-poor-countries-against-who-guidelines/
Quick Glance: Nestlé adds sugar to infant milk sold in poorer countries
- Nestlé adds sugar and honey to infant milk and cereal products in poorer countries, contradicting international guidelines.
- Public Eye's investigation revealed that products like Nido and Cerelac contain added sugar in many countries, while this is not the case in European markets.
- The World Health Organization warns of rising childhood obesity in poorer countries and emphasizes no added sugars for children under three years old.
- Nestlé defends the quality of its products but states that recipes vary based on regulation and local ingredient availability.
EU Discord Over Capital Markets Weighs On Top-Level Summit: Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the ...
bloomberg.com/news/newsletters/2024-04-17/eu-discord-over-capital-markets-weighs-on-top-level-summit
TikTok questioned by EU over Lite app that ‘pays’ users for watching videos: European Commission has concerns about app’s impact on children, as well as ...
theguardian.com/technology/2024/apr/17/tiktok-questioned-lite-app-eu-children-addiction
Scholz Arrives in China on a Mission to Dial Down Trade Tensions: German Chancellor Olaf Scholz will take a delicate message to China this week: Beijing has not ...
bloomberg.com/news/articles/2024-04-13/scholz-heads-to-china-on-a-mission-to-dial-down-trade-tensions
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Sales of electric cars are weakening - and with it the entire car market: Five percent fewer cars were sold in Europe in March. The slump in sales of electric ...
diepresse.com/18379492/absatz-von-e-autos-schwaechelt-und-mit-ihm-der-ganze-automarkt
Georgia's parliament approves law on 'foreign agents' in first reading: Georgia's parliament on Wednesday approved the first reading of a bill on "foreign ...
reut.rs/3UkjeTp
Belgian leader announces probe into suspected Russian interference in EU elections
apnews.com/article/eu-elections-russia-interference-f0962ec30ba2ec3833f755ccdc8bc6b2
Recognize Palestine, Irish prime minister to tell EU leaders | DPA: Ireland's new prime minister said on Wednesday he will use his first EU summit in ...
nordot.app/1153393527614996821
German chancellor urges Israel not to retaliate after Iran attack | DPA: German Chancellor Olaf Scholz urged Israel not to respond to Iran's direct attack ...
nordot.app/1153393627242266914
EU climate service Copernicus: Another temperature record reported: March warmer than any previous
faz.net/aktuell/gesellschaft/temperaturrekord-waermster-maerz-seit-beginn-der-aufzeichnungen-19640606.html
Fear of the Far Right Torpedoes EU Environmental Policies: European farmers successfully protested a plan to curb emissions
newlinesmag.com/reportage/fear-of-the-far-right-torpedoes-eu-environmental-policies/
Quick Glance: EU Farmers Protest Against Environmental Regulations
- Farmers from multiple European countries protested in Brussels against EU environmental measures.
- They fear that environmental regulations threaten their livelihoods and demand political consideration.
- The EU Commission responded to the protests by loosening environmental regulations in favor of farmers.
- Conflicts between environmentalists and farmers highlight the urgent need for reform in EU agriculture.
EU Proposes UK Talks to Ease Stays for Students, Young Workers: The European Union’s executive wants to start talks with the UK to give young adults an easier ...
bloomberg.com/news/articles/2024-04-18/eu-proposes-uk-talks-to-ease-stays-for-students-young-workers
TikTok Lite: EU demands answers on money-for-views version: The platform has been given 24 hours to provide information about the potential risks of TikTok Lite.
bbc.com/news/articles/c80zdz2n8wwo
Drugs from the pharmacy: Mayor of Amsterdam pleads for a regulated cocaine market
n-tv.de/politik/Buergermeisterin-von-Amsterdam-plaediert-fuer-regulierten-Kokain-Markt-article24878860.html
Israel gave US last-minute warning about drone attack on Iran, Italian foreign minister says at G7
apnews.com/article/g7-italy-blinken-iran-bf8b33c3cebfe534a16675e6adc3fb0a
Quick Glance: US Alerts G7 about Iran Drone Attack: Israel Issues Final Warning
- According to the Italian foreign minister, the United States informed the G7 foreign ministers that it received "last minute" information from Israel about a drone action in Iran.
- The details were shared during a Friday morning session that was spontaneously modified to discuss the suspected attack.
- Following the three-day meeting, the ministers urged in a statement for the parties to prevent further escalations and expressed support for Israel's security.
- Additionally, the group cautioned Iran against transferring ballistic missiles and related technologies to Russia and called for the release of hostages and adherence to international and humanitarian law.
UK drug shortages swell amid Brexit supply woes, think-tank data shows: Drug shortages in the UK more than doubled between 2020 and 2023 with Brexit likely to ...
reuters.com/world/uk/uk-drug-shortages-swell-amid-brexit-supply-woes-think-tank-data-shows-2024-04-18/
EU summit after attack on Israel: extension of Iran sanctions decided: Iran must be isolated internationally after the major attack on Israel ...
berliner-zeitung.de/news/nach-irans-angriff-auf-israel-eu-krisengipfel-staaten-beschliessen-ausweitung-von-iran-sanktionen-li.2207040
EU leaders back new Iran sanctions after attack on Israel: European Union leaders decided on Wednesday to step up sanctions against Iran after Tehran's missile ...
reut.rs/3Q9mwGx
EU proposes some free movement for UK young people: The EU Commission says UK and EU citizens under 30 should be able to work or study for up to four years.
bbc.com/news/uk-politics-68848046
EU approves major overhaul of migration rules: The new rules are designed to make EU states share responsibility for hosting asylum seekers.
bbc.com/news/world-europe-68779387
Quick Glance: EU Parliament Approves Comprehensive Reforms to Migration Policy
- The EU Parliament has approved significant measures to reform migration policy, aiming to enhance handling irregular migration.
- The reforms aim to distribute the burden on countries that historically hosted the most asylum seekers, particularly in southern EU nations.
- Despite the limited scope of some reforms, the solidarity mechanism is expected to build trust between member states and create some harmony.
- Implementation of the reforms will take time and ultimately depend on member states, potentially leading to political tensions.
Meta should give users free option without targeted ads, EU privacy watchdog says
reuters.com/technology/meta-should-give-users-free-option-without-targeted-ads-eu-privacy-watchdog-says-2024-04-17/
'Armenia is pivoting to the West. It's time for Europe to step up': In an op-ed for 'Le Monde,' former NATO Secretary-General, Anders Fogh Rasmussen ...
lemonde.fr/en/opinion/article/2024/04/03/armenia-is-pivoting-to-the-west-it-s-time-for-europe-to-step-up_6667289_23.html
Farmers' protests: Ukraine and the EU's agricultural policy: For almost two years now, Ukrainian agricultural goods have been freely imported into the EU ...
nzz.ch/meinung/konflikt-um-agrargueter-die-ukraine-legt-die-misere-der-europaeischen-landwirtschaftspolitik-offen-ld.1826487
European banks want EU to designate them a 'strategic' sector: European Banks are calling on the European Union to designate them a critically important ...
reut.rs/3xKrXVY
EU looking to expand sanctions on Iran following attack on Israel: The European Union will "start the necessary work" to hit Iran with heavier ...
euronews.com/my-europe/2024/04/16/european-union-looking-to-expand-sanctions-on-iran-following-attack-on-israel
Biden vows G7 response, ‘ironclad’ US support for Israel after Iran attacks: US president reiterates support for Israel in call with Netanyahu amid reports that ...
aljazeera.com/news/2024/4/14/biden-vows-g7-response-ironclad-us-support-for-israel-after-iran-attacks
Quick Glance: New Measures Against Iran and Escalation in West Bank
- The United States intends to take further actions against Iran in the coming days to address the attacks on Israel over the weekend, as announced by US officials on Tuesday.
- To combat the escalation in the Israeli-occupied West Bank, Israeli and Palestinian officials reported the deaths of two Palestinians shot by Israeli settlers on Monday.
Baerbock criticizes Iran after attack on Israel: The G7 foreign ministers discuss the Middle East conflict and the Ukraine war in Capri. On ZDF ...
zdf.de/nachrichten/politik/baerbock-krisen-ukraine-israel-iran-g7-100.html
US proposes debt to fund Ukraine using profits from frozen Russian assets: Hope that Washington’s idea could generate tens of billions in cash for Kyiv
ft.com/content/6cb21054-ccfc-4cb9-ab58-516d80be94de
Ukraine has 'urgent need' for air defence, says NATO chief Stoltenberg: NATO Secretary General Jens Stoltenberg said Thursday that Ukraine had an "urgent ...
france24.com/en/europe/20240418-ukraine-has-urgent-need-for-air-defence-says-nato-chief-stoltenberg
Quick Glance: Kyiv's Urgent Air Defence Need Highlighted by NATO Chief
- NATO Secretary-General Jens Stoltenberg highlights Ukraine's critical need for additional air defences during the G7 Summit in Capri.
- He mentions positive signals of military aid commitments from NATO members and the US House of Representatives' vote on a aid package for Kyiv.
- Stoltenberg acknowledges new pledges of support from Germany, Denmark, and the Netherlands, stressing the importance of earlier and increased assistance.
- These statements precede a meeting with Ukrainian Foreign Minister Dmytro Kuleba and the NATO-Ukraine Council, with President Volodimir Zelenski participating via video link.
EU to Consider New State Aid Fund to Boost Bloc-Wide Investments: European Union leaders will discuss this week an option to amend its strict state-aid rules by ...
bloomberg.com/news/articles/2024-04-15/eu-to-consider-new-state-aid-fund-to-boost-bloc-wide-investments
Belgium, Czechia ask EU to step in against Russia's elections interference: The governments of Belgium and Czechia sent a letter to other EU leaders on ...
kyivindependent.com/belgium-czechia-russa/
TV duel between Höcke and Voigt: dispute over EU and migration: Thuringia's leading candidates Björn Höcke, AfD, and Mario Voigt, CDU, argue in a TV duel about ...
zdf.de/nachrichten/politik/deutschland/tv-duell-hoecke-voigt-thueringen-migration-eu-100.html
Quick Glance: Voigt accuses Höcke of 'dilly-dallying' after TV duel
- Thuringia's CDU leader Mario Voigt defends public confrontation with AfD far-right extremist Björn Höcke as meaningful.
- Voigt highlights differences between CDU and Höcke's far-right extremist group.
- Poll shows 29% support for AfD in Thuringia despite Höcke's extremism.
- Voigt advocates for reason and warns against chaos from exiting Euro and EU.
What happens if Ukraine loses?: Russian victory would be debilitating for the West, and especially for Europe
economist.com/europe/2024/04/11/what-happens-if-ukraine-loses
Wider war in Europe ‘no longer a fantasy’, warns EU’s top diplomat: Josep Borrell says Russia threatens the continent beyond the conflict in Ukraine
ft.com/content/0c0482f3-ee5f-42f8-9469-7f82c4ad4c17
🔴 Live: EU to impose new sanctions on Iran drone, missile producers: European Union leaders agreed Wednesday to impose new sanctions on Iran's drone and missile ...
france24.com/en/middle-east/20240418-%F0%9F94%B4-live-eu-to-impose-new-sanctions-on-iran-drone-missile-producers
Russian Oil Is Once Again Trading Far Above the G-7’s Price Cap Everywhere: Russian oil is trading far in excess of a Group of Seven price cap that’s supposed to ...
bloomberg.com/news/articles/2024-04-10/russian-oil-is-once-again-trading-far-above-the-g-7-s-price-cap-everywhere
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EU court rules in favour of Russian oligarchs Fridman and Aven in blow to sanctions regime
ft.com/content/5cc41a3d-1fa9-497b-8681-086b0c1e3b20
EU Braces for Slovakia’s Shift Toward Russia: Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union ...
bloomberg.com/news/newsletters/2024-04-08/eu-braces-for-slovakia-s-shift-toward-russia
EU countries to pledge help for solar sector, but no trade curbs on China, draft shows
reuters.com/sustainability/eu-countries-pledge-help-solar-sector-no-trade-curbs-china-draft-shows-2024-04-15/
'Zionist fascist:' Jewish delegate run out of European student event: The European Union of Jewish Students said that its delegation had been publicly humiliated ...
m.jpost.com/diaspora/antisemitism/article-797567
Ukraine air defense: G7 ministers seeking urgent support : Foreign ministers from the Group of Seven (G7) major powers warned on Thursday that Ukraine risked ...
reuters.com/world/g7-foreign-ministers-seek-urgent-defence-support-ukraine-2024-04-18/
G7 finance leaders pledge cooperation on Iran sanctions, frozen Russian assets: Finance leaders from the Group of Seven industrial democracies on Wednesday ...
reut.rs/3xzrPbS
What we know so far about apparent Israeli attack on Iran: Despite calls for moderation from G7 leaders, it appears that Iran and Israel have shifted from a ...
euronews.com/2024/04/19/what-we-know-so-far-about-apparent-israeli-attack-on-iran
EU to Set Stricter Rules on Ukraine Tariff-Free Trade Extension: The European Union moved closer to extending its tariff-free trade with Ukraine ...
bloomberg.com/news/articles/2024-04-09/eu-to-set-stricter-rules-on-ukraine-tariff-free-trade-extension
EU and Ukraine explore special tribunal for Putin and war officials: Vladimir Putin and other senior Russian political and military officials could have a ...
euronews.com/2024/04/06/eu-and-ukraine-explore-special-tribunal-for-putin-and-war-officials
Apple Is Finally Allowing Retro Game Emulators in the App Store: The move is part of a number of changes to the App Store guidelines this week.
pcmag.com/news/apple-is-finally-allowing-retro-game-emulators-in-the-app-store
Green Schilling wants "500,000 votes for climate protection": VIENNA: Lena Schilling, top candidate of the Austrian Green Party in the EU elections ...
nachrichten.at/politik/innenpolitik/gruene-schilling-will-500000-stimmen-fuer-den-klimaschutz;art385,3939707
Organized Crime Is Laundering Money Through European Real Estate: Over a third of the most-threatening criminal networks in the European Union are laundering ...
bloomberg.com/news/articles/2024-04-05/organized-crime-is-laundering-money-through-european-real-estate
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After meeting Herzog, UK’s Cameron says it’s clear Israel will respond to Iran attack
timesofisrael.com/after-meeting-herzog-uks-cameron-says-clear-israel-will-respond-to-iran-attack/
Quick Glance: Israel artist calls for Gaza ceasefire
- The representative of Israel at the international art fair is calling for an immediate ceasefire in Israel’s war on Gaza.
- Ruth Patir’s video installation called (M)otherland was scheduled to open on Saturday at Israel’s national pavilion at the international art show but will remain closed for now.
- Patir stated on her website that the artist and curators are showing solidarity with the families of the hostages and the large community in Israel calling for change, rather than canceling themselves or the exhibition.
- It is believed that there are still individuals in Gaza, including 129 captives taken during the attacks led by Hamas on Israel on October 7, with 34 of them presumed dead.
EU Eyes Ukraine Reform Approval in May in Bid to Unlock More Aid: The European Union is moving toward approval of Ukraine’s reform plan in May ...
bloomberg.com/news/articles/2024-04-11/eu-eyes-ukraine-reform-approval-in-may-in-bid-to-unlock-more-aid
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FPÖ leader Herbert Kickl: Biography about the aggressor from Carinthia and “destroyer of Europe”
sueddeutsche.de/politik/fpoe-oesterreich-herbert-kickl-gernot-bauer-und-robert-treichler-rezension-1.6530930
Macron and Scholz call for 're-balancing' EU-China trade relations: French President Emmanuel Macron and German Chancellor Olaf Scholz called on Friday for a ...
france24.com/en/europe/20240413-macron-and-scholz-call-for-re-balancing-eu-china-trade-relations
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