EU Launches In-Depth Foreign Subsidies Probe Into China’s Nuctech

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.

Mexico has enacted tariffs of up to 50% on Chinese goods, a move that has sparked significant backlash from Beijing. This decision comes as lawmakers target countries with which Mexico lacks trade agreements, specifically focusing on China amidst ongoing trade tensions.

The U.S. and Japan conducted joint military exercises as a show of force amid escalating tensions with China, particularly following joint drills by Chinese and Russian military aircraft that prompted Japan and South Korea to scramble their jets. This display of military readiness underscores the growing security concerns in the region.

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.

The U.S. military has seized an oil tanker off the coast of Venezuela, which was allegedly transporting oil from sanctioned nations, including Iran and Venezuela. This operation, confirmed by U.S. officials, highlights the ongoing tensions surrounding oil smuggling and sanctions enforcement in the region.