Russia’s Africa moves force Europe rethink on Ethiopia – POLITICO

Press play to listen to this article Russia’s overtures in Africa have left European officials anxious about the EU’s cautious pace to re-engage the Ethiopian government, despite accusations of war crimes and ethnic cleansing. Ethiopian Prime Minister Abiy Ahmed was once a darling of the West and hailed as a reformer, even winning the 2019 … Read more

Britain’s next prime minister will be Rishi Sunak or Liz Truss – POLITICO

LONDON – And then there were two. Former Chancellor Rishi Sunak will battle it out with Foreign Secretary Liz Truss to lead the UK’s Conservatives and become Britain’s prime minister, after the party’s MPs chose their final two candidates to go on to the next stage of the contest. After a frantic final day of … Read more

The euro faces its day of reckoning – POLITICO

Press play to listen to this article It should have been a day of celebration as the euro welcomed Croatia as its 20th country. But as finance ministers were endorsing the newest member of their club, the single currency slid towards a less welcome milestone: parity with the US dollar. Analysts are now asking how … Read more

Italy’s economy enters choppy waters – POLITICO

Press play to listen to this article Italy’s smooth sailing is about to come to an end. A combination of factors – the “Super Mario” brand of its prime minister, negative interest rates and the chance to spend nearly € 200 billion in EU recovery funds – meant that the EU’s third largest economy was … Read more

Italy’s economy enters choppy waters – POLITICO

Press play to listen to this article Italy’s smooth sailing is about to come to an end. A combination of factors – the “Super Mario” brand of its prime minister, negative interest rates and the chance to spend nearly € 200 billion in EU recovery funds – meant that the EU’s third largest economy was … Read more

G7 bans Russian gold – POLITICO

ELMAU, Germany – The G7 economic powers will ban imports of Russian gold in a further tightening of the stranglehold Western nations have sought to impose in response to Russian President Vladimir Putin’s brutal war in Ukraine. US President Joe Biden announced the plan as the G7 leaders were due to arrive at a Schloss … Read more

How Russia can beat EU sanctions – POLITICO

Press play to listen to this article Europe has deployed an unprecedented arsenal of economic sanctions against Moscow in an attempt to weaken Russia’s economy and force Vladimir Putin to abandon his war in Ukraine. But as the export bans bite over the coming months, Russia will start to crave banned goods that are essential … Read more

What’s wrong with Vladimir Putin? – POLITICO

Press play to listen to this article Never believe anything in politics until it’s officially denied. And even then, when it comes to Vladimir Putin’s health, you can still be forgiven for being at a loss about what to believe, given the bewildering frenzy of speculation over whether something is wrong with the Russian president. … Read more

After Orbán pipes up, Hungary skips Russian oil ban – POLITICO

Press play to listen to this article In their fight against Russia’s war in Ukraine, EU leaders surrendered to Hungarian Prime Minister Viktor Orbán – capitulating to his demands and granting Budapest a near-total exemption from a new embargo on Russian oil. The collective caving to Orbán, who spent 26 days obstructing the proposed ban, … Read more

Stall on oil ban shows EU capitals trying to limit pain of helping Ukraine – POLITICO

Press play to listen to this article For many EU leaders, spiking inflation, especially in the cost of energy and food, is proving to be a scarier enemy than Russian President Vladimir Putin. The proof is in the now 25 days – and counting – they have failed to reach an agreement on banning Russian … Read more