The European Union is targeting Russia with more sanctions over its war on Ukraine. The aim is to deprive Moscow of energy revenue through a lower oil price cap and a ban on transactions with Nord Stream gas pipelines.

Context: The European Commission on Tuesday unveiled its plans for the bloc’s 2028-2034 budget, including a so-called Global Europe fund worth €200bn. It would merge different funding strands for countries outside the EU, including humanitarian aid and development finance, as well as money to support countries who are candidates to join the bloc.

Germany's Interior Minister Alexander Dobrindt and five European counterparts agreed on a set of goals on Friday to tighten asylum rules in the bloc, including allowing deportations to Afghanistan and Syria.

European Union member states approved the launch of negotiations with six Gulf countries as the bloc seeks to broaden its international partnerships amid tariff threats from President Donald Trump.

European Commission President Ursula von der Leyen has unveiled a proposal for a long-term EU budget that she says will total $2.3 trillion.

One of the European Union’s most reliable punching bags is shaped like a bottle of whiskey. The EU this week circulated to member states a list of products it could hit with tariffs if a trade deal is

The AI Act applies to AI models that the commission deems to carry systemic risks that could significantly affect "public health, safety, fundamental rights, or society," reports Reuters. It also includes the most well-known "foundational models" from companies like Meta, OpenAI, Google, and Anthropic.

Meta said on Friday that it won't sign the European Union's new AI code of practice. The guidelines provide a framework for the EU's AI Act, which regulates companies operating in the European Union.