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EU Commission to defend Spain in €106m US energy lawsuit
When firm Blasket Renewables sought to enforce compensation in a US court, the European Commission argued that Spain could not legally pay it, highlighting a clash between international arbitration and EU law. #EuropeNews
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Former Barclays CEO Bob Diamond says Middle East is primed for tokenized finance
Middle Eastern banks are at an advantage as they are more agile with less worries about legacy systems, according to Diamond.
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Drone race: How Ukraine’s defence tech redefined Russia’s war
In its most recent attacks against Ukraine, Russia hit the cities with dozens of ballistic missiles, knowing very well that this is one of the very few weapons Ukraine remains vulnerable to. As for the drones — this is where Kyiv mastered both defensive and offensive know-how. #EuropeNews
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UK Treasury minister says it is inevitable that Britain will rejoin EU
Embattled British Prime Minister Keir Starmer has pledged to rebuild links with the EU and put the UK “at the heart of Europe”. #EuropeNews
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Tropical storm Jangmi batters Japan, cuts power to 60,000 homes
Evacuation advisories were issued to hundreds of thousands of residents in eight prefectures across southwestern, central and eastern Japan.
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North Korea slams US remarks comparing South to ‘dagger’
The state-run Korean Central News Agency (KCNA) published a commentary by analyst Kim Myong Chol, who said remarks by a US General showed the US as “the chieftain of harassing peace and the world’s worst war empire”.
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Malaysia moves to register refugees, link those eligible to jobs amid labour shortages
Authorities say the registration system will help regulate the refugee population, strengthen security oversight and improve refugees’ welfare.
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Tesla’s China-made EV sales jump nearly 40% in May as domestic market rebounds
Sales of Tesla’s China-made electric vehicles rose by nearly 40% in May amid a broader recovery in the country’s competitive market.
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Japan’s government backs US$19 billion to dampen Iran war impact
TOKYO: Prime Minister Sanae Takaichi’s government backed on Wednesday (Jun 3) US$19 billion in additional spending to help Japanese households struggling with soaring everyday costs driven by the Iran war.The b
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More red tape, less progress: China’s cadres struggle to adopt ‘error tolerance’
Beijing has long called for easing the burden of local cadres and reining in formalism and bureaucratic excess – a long-standing challenge within China’s vast administrative system.
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