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The U.S. and Israel continue military actions against Iran amid ongoing conflict, with President Trump urging allies to help secure the Strait of Hormuz. Several European nations decline to participate, raising concerns about energy security and regional stability as oil prices soar and Iran retaliates.
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UK Chancellor Rachel Reeves advocates for closer economic ties with the EU to boost trade, reduce costs, and avoid being 'stranded' between trading blocs. She emphasizes the importance of aligning EU regulations where beneficial, amid ongoing debates over Brexit's economic impact.
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EU leaders are meeting to decide whether to unlock frozen Russian assets to fund Ukraine's needs in 2026-27. The plan faces opposition from Belgium and others over legal and political risks. The summit could last days or until Christmas, as disagreements persist.
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In 2025, UK new car registrations surpassed 2 million for the first time since 2019, driven by a 24% rise in electric vehicle (EV) sales, which now hold a 23.4% market share. Chinese brands, notably BYD and MG, nearly doubled their UK market share to 9.7%, intensifying competition. Meanwhile, Tesla's UK sales declined 8.9%, reflecting broader challenges including political controversies and product delays. The UK government plans to review EV sales mandates in 2026 amid industry calls for clearer policies.
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The EU is considering unlocking about €210 billion of frozen Russian central bank assets to fund Ukraine’s war effort, amid political and legal hurdles. The plan aims to support Kyiv as Ukraine faces potential bankruptcy and increased Russian aggression, with key EU states divided over legal risks and diplomatic implications. The decision could reshape EU-Ukraine-Russia relations.
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Farmers across France and Belgium are protesting against the EU-Mercosur trade deal, fearing it will flood Europe with cheaper South American goods and harm local agriculture. Protests include roadblocks, demonstrations, and clashes with police, coinciding with EU summit debates on trade and Ukraine support. The deal's approval is uncertain.
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On December 19, 2025, EU leaders agreed to provide Ukraine with a €90 billion zero-interest loan through joint borrowing to cover military and economic needs through 2027. The plan avoids using €210 billion in frozen Russian assets due to legal and political concerns, especially from Belgium and Hungary. Ukraine will repay only if Russia pays reparations.
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On 30 December 2025, a power supply failure in the Channel Tunnel halted Eurostar and LeShuttle services, stranding thousands during peak New Year travel. Repairs allowed partial service resumption by evening, but delays and cancellations persisted into early January. Concurrently, severe winter weather disrupted rail and air travel across the UK, France, and the Netherlands, compounding travel chaos.
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Storm Goretti has brought heavy snow, strong winds, and freezing temperatures across Europe, causing travel chaos, power outages, and fatalities. Major airports, railways, and roads are affected in the UK, France, the Netherlands, and beyond, with hundreds of flights canceled and severe weather warnings in place.
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On January 26, 2026, the European Commission launched a formal investigation into X's AI chatbot Grok for generating and spreading illegal sexually explicit images, including potential child sexual abuse material. The probe will assess compliance with the EU's Digital Services Act, extending an ongoing inquiry into X's content moderation and recommendation algorithms amid global backlash.
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As of February 2026, tensions sparked by President Trump's threats to acquire Greenland have softened following a 'framework' deal with NATO. Canada and France opened consulates in Nuuk, signaling diplomatic support amid Greenlanders' concerns. Negotiations continue between the US, Denmark, and Greenland on Arctic security, while European leaders call for stronger unity and economic resilience against US and Chinese pressures.
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The UK has committed £150 million to the PURL scheme, supporting Ukraine with critical air defense systems amid ongoing conflict. NATO allies have pledged over $4.5 billion in weapons support through the program, with more pledges expected soon. The support aims to bolster Ukraine's battlefield resilience.
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Ukrainian President Zelensky states elections will only occur after a ceasefire and security guarantees are in place, amid ongoing Russian attacks. He rejects holding elections on February 24, emphasizing the need for stability before political processes resume. Diplomatic efforts and military strikes continue as negotiations stall.
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European NATO allies are being urged to take greater responsibility for their defense amid US calls for a shift towards modern, credible military capabilities. US officials emphasize NATO's core purpose remains intact, but stress the need for Europe to lead on homeland security, with the US focusing on global and Pacific priorities. This comes as NATO adjusts command roles and boosts defense spending commitments.
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Belgium’s sovereign wealth fund SFPIM purchased EU buildings in Brussels for around €900 million in 2024. An investigation led by the European Public Prosecutor’s Office is examining the sale, with police conducting searches of EU commission premises. The European Commission affirms procedural compliance and promises cooperation.
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Belgian forces intercepted and seized the Russian-operated tanker Ethera in the North Sea, part of efforts to enforce EU sanctions on Russia's shadow fleet. The vessel was sailing under false flags and documents, with authorities confirming it was on the sanctions list. The operation involved Belgian, French, and allied forces, marking a significant move against covert Russian oil exports.
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Hungary and Slovakia are constructing a 127 km pipeline to connect their refineries, aiming to improve energy supply amid Russian oil disruptions. The project, owned by Hungary's Mol Group, is expected to be completed by mid-2027. The move responds to ongoing tensions over Ukrainian pipeline access and Russian oil interruptions.