EU watchdogs raid Temu’s Dublin HQ in foreign subsidy investigation

The European Commission is expected to announce a significant reduction in the scope of its 2035 ban on new petrol and diesel cars, according to a senior Member of the European Parliament. This decision has sparked concerns among environmental campaigners, who argue that it undermines the EU's green deal and its commitment to combating climate change.

Germany has summoned the Russian ambassador following accusations that Russian-linked groups have conducted cyberattacks on its air traffic control system and attempted to influence the upcoming 2024 general election. These actions have been characterized by Berlin as hybrid attacks, prompting plans for coordinated countermeasures with EU partners.

The United States has proposed a plan that envisions Ukraine joining the European Union by January 2027, as stated by a senior official amid intensified diplomatic efforts to resolve the ongoing conflict with Russia. Concurrently, Ukraine has reported regaining control of two settlements in the Kharkiv region and pushing back Russian forces in Kupiansk, a strategic railway hub.

Prime Minister Keir Starmer has been warned that attempts to rejoin the EU customs union could serve as 'complete fuel for Reform,' reflecting concerns about the implications for the Labour Party's political strategy. This warning comes amid ongoing discussions about the UK's post-Brexit trade relationships and the potential economic benefits of such a move.

As the United States pressures Ukraine to accept a peace plan favoring Russia, President Zelensky is seeking support from European allies. The UK, France, and Germany are spearheading the 'Coalition of the Willing' to provide military backing and counterbalance U.S. influence, while the EU is advocating for the release of €200 billion in frozen Russian assets to bolster Ukraine's defense.

European leaders from the 'Coalition of the Willing' are set to hold a videoconference on Thursday to discuss ongoing support for Ukraine, with President Zelensky participating. This meeting comes as European nations face challenges in compensating for reduced U.S. aid, leading to a decline in overall support for Ukraine in 2025. While France, Germany, and the UK have increased their contributions, Italy and Spain have reduced or halted their aid.

The European Union has initiated an in-depth investigation into Nuctech, a Chinese company, over potential foreign subsidies that may have enhanced its competitive edge in the European market. The probe focuses on grants, tax benefits, and loans that could have been received by Nuctech, raising concerns about fair competition.

European nations are facing significant challenges in filling the gap left by the cessation of U.S. military aid to Ukraine, with a notable decline in overall support expected in 2025. While countries like France, Germany, and the UK have increased their contributions, Italy and Spain have reduced or halted their aid efforts. The European Commission is exploring the use of frozen Russian assets to support Ukraine, but this plan is encountering resistance, particularly from Belgium.