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France, Italy and Spain push for new regime to fix EU banking fragmentation
The call to create a voluntary cross-border framework for banks comes ahead of a major Commission report on sector competitiveness. France, Italy and Spain have jointly proposed new rules aimed at easing cross-border banking operations and cutting red tape across the bloc, according to a document seen by Euronews. The three countries submitted their proposals as an input to the European Commission, which is expected to publish a report on the competitiveness of the banking sector on 15 July.
EU plans to ban Russian soldiers from bloc in fresh sanctions on Moscow
Banks, crypto firms and Kremlin oil reserves also targeted in 21st set of measures since full-scale invasion of UkraineThe EU hopes to ban Russian soldiers from entering its territory as part of further sanctions against Moscow that also target banks, crypto firms and the Kremlin’s oil revenues. Announcing the proposals on Tuesday, the European Commission president, Ursula von der Leyen, said: “We propose for the first time to ban from entry into the European Union anyone who has served in...
EU plans to ban Russian soldiers from bloc in fresh sanctions on Moscow
Banks, crypto firms and Kremlin oil reserves also targeted in 21st set of measures since full-scale invasion of UkraineThe EU hopes to ban Russian soldiers from entering its territory as part of further sanctions against Moscow that also target banks, crypto firms and the Kremlin’s oil revenues. Announcing the proposals on Tuesday, the European Commission president, Ursula von der Leyen, said: “We propose for the first time to ban from entry into the European Union anyone who has served in...
Bitcoin falls to $61,000, down more than 25% this month as long-term holders sell
Bitcoin has fallen to its lowest level since February, dropping more than 25% this month, as long-term holders liquidate billions in holdings and efforts to advance US crypto regulation face uncertainty in Washington. Bitcoin's slide deepened on Wednesday, with the price dropping as low as $61,300 for the first time since February, extending one of the most turbulent periods for the world's largest cryptocurrency this year. The price is down more than 25% from its high earlier this month and...
Google Wallet ID passes will be available in select EU states this summer
Google Wallet ID passes will be available in select EU states this summer The company is also introducing a new age verification process in partnership with a European bank. Google has announced that Google Wallet will support digital IDs from select European Union states starting this summer.
Russia opens door to ‘new relationship’ with U.S. as Putin wrestles with Ukraine deadlock
ST. PETERSBURG, Russia — President Vladimir Putin looked out across a familiar scene on Friday — and a changing world. The regimented ranks of government officials, business leaders and supporters who lined up to listen to the Russian leader speak at the International Economic Forum appeared much the same as they have for years. But optimism that followed an August summit with President Donald Trump in Alaska has given way to a stalemate in Ukraine, both on the battlefield and in talks to...
Israeli settlers are driving Palestinian shepherds from their grazing lands
Israeli settlers are driving Palestinian shepherds from their grazing lands Settler attacks in the Jordan Valley have forced growing numbers of Palestinian communities to flee their villages. Mukhlis Masa’id of Khirbet Yarza in the occupied West Bank has lived in a state of sorrow since settlers intensified their attacks on his Jordan Valley community three years ago. He and other local Palestinians have seen settlers destroy their crops, attack their homes, and assault shepherds and farmers...
EU targets Russian economy and soldiers in newest sanction package
BRUSSELS — The European Union unveiled a new package of proposed sanctions against Russia on Tuesday, targeting the country’s banking, energy and trade sectors in an effort to weaken its economy. European Commission President Ursula von der Leyen said Russia’s economy was “slowing sharply” as she presented the bloc’s 21st sanctions package, seven weeks after Council President António Costa announced the previous one entering into force. “Four years after the start of its...
The European Union reveals details of its tech sovereignty package
The European Union reveals details of its tech sovereignty package New proposals will see the EU further invest in European startups and companies as it looks to strengthen its homegrown tech footprint. The European Commission has announced a new European Technological Sovereignty Package, designed to further reduce its reliance on foreign tech. The EU wants to focus on building out Europe's capacity in areas such as semiconductors, AI, cloud computing and open-source projects.
Takeaways from Iowa's primaries. And, DOJ nixes Trump's 'anti-weaponization' fund
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