The EU Council stated that it has reached an agreement with the European Parliament on the EU budget for 2026, which totals €192.8 billion. For the year 2026, the total EU budget commitments are €192.8 billion, and the total disbursements are €190.1 billion. In a statement, the Council explained that commitments are legally binding obligations to use funds for various initiatives that will be...

The European Union is set to propose a new plan to the United States for the next stage of their trade agreement, according to Bloomberg, which is quoting sources. As per the information from the agency, the EU's plan to be shared with the US will center around five key areas. Bloomberg mentions that these areas include tariffs and market access, with the EU aiming to reduce rates on several...

French President Emmanuel Macron and President of the Palestinian National Authority Mahmoud Abbas announced the formation of a joint committee to draft a constitution for the State of Palestine, according to BFMTV. Macron spoke at the Elysee Palace, where he hosted Abbas, and said the work on the new constitution will focus on creating all the necessary conditions for establishing a Palestinian...

The US Senate has passed a bill that will end the longest government shutdown in US history, bringing an end to a prolonged period of inaction that left hundreds of thousands of federal employees without pay, caused disruptions in air travel, and delayed food assistance for millions of people, according to Reuters. The bill received support from sixty senators, with almost all Republicans and...

World leaders, scientists, and members of civil society from across the globe are meeting in the Brazilian city of Belém for the COP30 Climate Summit, with the aim of addressing the challenge of limiting the rise in global temperatures and cutting down harmful emissions. The COP30 Climate Leaders Summit, which is an integral part of the larger COP30 event, took place in Brazil from November 6 to...

The EU's efforts to find replacements for China as a supplier of rare earth metals have not yet yielded any real results, according to Bloomberg, which is reporting based on information from within the EU. These sources indicate that the EU is quietly acknowledging that in the short term, it is unlikely to be able to pressure China into easing its export restrictions on key rare earth elements....

The UN Security Council approved the U.S. proposal to remove sanctions on Syrian President Ahmed al-Sharaa for a limited time before his planned visit to the White House. The resolution included the removal of Ahmed al-Sharaa and Syrian Interior Minister Anas Khattab from the list of sanctioned individuals linked to ISIS and Al-Qaeda. The resolution received support from 14 members of the UN...

Ukrainian charities could get about £987 million from the total £2.35 billion raised from the sale of London football club Chelsea, according to The Times, which is citing experts and reports from companies involved in the deal. The newspaper reports that around £1.54 billion is set aside to pay back loans and other debts owed to companies linked to Roman Abramovich, the former owner of the club....

US President Donald Trump announced his nomination of businessman Jared Isaacman to serve as the head of the United States space agency, NASA. "Tonight, I am pleased to nominate Jared Isaacman, an accomplished business leader, philanthropist, pilot, and astronaut, as Administrator of NASA," Trump wrote on the social media platform Truth Social. He highlighted that Isaacman's "passion for space,...