00:01Ireland has officially taken over the six-month rotating presidency of the EU Council, succeeding Cyprus.
00:09Ireland will steer negotiations among the other 26 member states and craft delicate, sometimes fragile, compromises that can satisfy all
00:18the disparate voices in the room.
00:20At the very top of Ireland's to-do list is a new package of sanctions against Russia, which this time
00:27comes with a hard deadline for July 15th.
00:30If there is no deal by then, the EU will automatically revise its price cap on Russian oil.
00:36Because of ongoing disruption on the energy market, the formula will push the cap well beyond the current $44 per
00:43barrel and grant Moscow economic relief, a politically untenable scenario.
00:49Regarding enlargement, Ireland is keen to unblock the five remaining clusters with Ukraine, but is aware of Budapest's entrenched reluctance.
00:58Dublin hopes that one or two clusters could be opened before the summer break, with the remaining ones addressed gradually
01:05afterwards.
01:07Ireland will have to tackle the next seven-year EU budget head-on.
01:20Ireland will be tasked with coming up with revised numbers for each heading, hoping to find a sustainable middle ground
01:28between those who want to preserve the traditional envelope, namely agriculture and cohesion,
01:34and those who want to bolster the modern priorities, such as climate action, innovation, technology and defence.
01:47A foreign container ship ran aground in the shallow waters on the Omani side of the Strait of Oomuz on
01:53Wednesday,
01:54as Tehran continues to insist on maintaining control on the key waterway, according to Iranian state television and multiple Iranian
02:02official sources.
02:03Tehran claimed the grounding was linked to the vessel not using Iran's approved route.
02:09Iranian state television gave no further details about the identity or the nationality of the vessel.
02:15The boat is believed to have been using the Oman corridor, established last week by Muscat in coordination with the
02:23International Maritime Organization,
02:25as an alternative to Iran's designated route.
02:29Tehran said it would only guarantee safe navigation for vessels that coordinate their passage through the Iranian corridor.
02:37The grounding is the latest flashpoint in a dispute over who controls navigation through the strait.
02:44Iran's position, that it holds sovereignty authority over the waterway and may designate approved routes and eventually charge transit fees,
02:53directly contradicts long-standing international law and the position of the U.S., the Gulf states and most of the
03:00international community,
03:01who regard the strait as an international waterway.
03:10Three civilians were reported killed following Russian strikes on Ukraine on Wednesday,
03:15as a fuel crisis and long-range attacks on Russian oil facilities continue to put pressure on Moscow.
03:2217 drones hit targets at 16 locations, according to Ukraine's Air Force.
03:27The strikes came amid a drop in Russian missile and drone attacks on Ukraine in June.
03:33Analysis of the attack shows drone strikes were down 29 percent and missile strikes down 15 percent compared to May.
03:40Over the past few months, Ukraine has stepped up its own attacks on Russian oil facilities and military plants.
03:46On Wednesday, Ukrainian President Volodymyr Zelensky said Ukrainian forces struck Russia's major Ufa oil refinery for the second time in
03:55a week.
03:56Many regions of Russia, one of the world's biggest energy producers, have introduced fuel rationing.
04:02Over the past several weeks, Ukrainian forces have dealt a series of blows to Russia's logistics and energy infrastructure,
04:09which analysts say has given Ukraine an edge on the battlefield.
04:16The European Union cannot sacrifice its industry due to climate change,
04:21Manfred Weber, president of the European People's Party, told Euronews as a brutal heat wave sweeping across Europe claimed around
04:291,300 lives.
04:30In recent years, the EPP has rolled back parts of the Green Deal,
04:35the package of policies designed to achieve net-zero greenhouse gas emissions across the bloc by 2050 in a bid
04:42to prioritize competitiveness.
04:45My party is the Ursula von der Leyen party.
04:47My party is the party who did the Green Deal in the last mandate, and we fully support the Green
04:51Deal.
04:52It's our responsibility in today's world to deliver on these aspects.
04:57What we are asking for is to be reasonable in the business aspect, and that is what we have.
05:01We cannot kill our industry due to climate change.
05:03Weber said using air conditioning was a necessity, even though it generates heat and contributes to greenhouse gas emissions when
05:11powered by fossil fuels.
05:13It's a necessity, no debate about this.
05:16In former times, it was no question at all that we need heating in the north of Europe because it's
05:21colder there.
05:21There's no question.
05:22And today, if climate change, if hotter temperatures are arriving, we need also air conditioning.
05:27On the issue of migration, Weber slashed Spain's plan to regularize undocumented migrants, calling it an issue for other EU
05:36countries.
05:36The regularization has recently attracted more than one million applications.
05:41The EPP leader also defended the EU legislation, allowing the establishment of written centers for irregular migrants outside the bloc.
05:54The European Parliament is set to trigger a procedure against the Europe of Sovereign Nations Party, home of Alternative for
06:02Germany and other far-right political forces across Europe.
06:06If ESN is found to have failed to uphold the core values of the European Union, it could be stripped
06:12of its rights to be registered as a European political party and lose its funding.
06:17A report by the Authority for European Political Parties and Foundations, tasked with assessing the compliance, highlights anti-Semitic, anti
06:25-LGBT and anti-migrant rhetoric in court rulings, statements and social media posts by ESN members that could constitute proof
06:32of violation of EU values.
06:35The Parliament now has to confirm the decision in a vote to be held next Tuesday in Strasbourg.
06:40Once the Parliament triggers the procedure, ESN could still take corrective measures before the authority decides whether or not to
06:47deregister the party.
06:49The ESN party was founded in August 2024 by eight far-right European parties, led by AfD and including Poland's
06:57Confederation and France's Reconquête.
07:00It is a separate legal entity from the ESN political group in the European Parliament, which is formed by the
07:07same political forces and currently composed of 27 MEPs.
07:12Neither the group in the Parliament nor the lawmakers will face any consequence if ESN loses its status as a
07:18European party.
07:24A Maltese tycoon accused of ordering the murder of heart-hitting investigative journalist Daphne Caruana Galizia went on trial on
07:32Wednesday.
07:33Suspect Jorgen Fennec is charged with orchestrating the assassination of Caruana Galizia, a prominent public figure and vocal critic who
07:41was killed by a bomb placed in her car near her home in 2017.
07:46She had exposed corruption at the highest level in the country, shining a spotlight on murky links between Malta's business
07:52and political elites.
07:54Her death sparked outrage around the world and put Malta, the European Union's smallest member state, in the spotlight over
08:01its apparent rule-of-law failings.
08:04Fennec, a tycoon whose business interests spanned the energy and tourism sectors, was arrested on his yacht in 2019
08:10as they tried to sail out of Malta after a middleman in the murder was offered a pardon to identify
08:16those involved.
08:17Five people have been convicted so far in relation to the murder for supplying the explosives and carrying out the
08:23killing.
08:29The death toll from the devastating earthquakes that struck northern Venezuela last week has risen to 1,943, according to
08:39authorities.
08:40A further 10,571 people have been injured and 28,380 are receiving care in hospitals or temporary camps following
08:51the quakes,
08:52according to Jorge Rodriguez, the president of the country's National Assembly.
08:57Meanwhile, ordinary Venezuelans have been mobilizing in extraordinary numbers to offer their assistance alongside doctors.
09:25The 24th of June, back-to-back 7.2 and 7.5 magnitude tremors have caused widespread destruction,
09:33as the UN estimates tens of thousands of people are missing.
09:37More than 6,450 people have been found alive as of Tuesday,
09:42with a third, 17,500, able to escape by themselves, according to Venezuela's government.
09:49UNICEF has estimated that around 1.8 million people, including 680,000 children,
09:56require humanitarian assistance following the quake.
10:04U.S. President Donald Trump made more than $1 billion from his cryptocurrency businesses last year,
10:11according to financial disclosures released on Tuesday.
10:15Asked about criticisms that he was using his position to enrich himself,
10:19Trump insisted that his wealth was due to his prior career,
10:22despite the fact that the earnings were related to crypto ventures launched during his first year back in the White
10:28House.
10:29Well, you know why I'm profiting? Because the stock market's going up. Everybody's profiting.
10:33Do you have a 401k? How's your 401k done?
10:37It's about up 85 percent.
10:40Thank you, President Trump.
10:41So we're all profiting.
10:43I'm profiting because I have a lot of money and a lot of cash, and I give it to institutions.
10:48I don't know if they know what they're doing or not, but they buy a vast array of things.
10:54Barely established when he was sworn in, Trump's crypto businesses now generate more revenue
11:00than large parts of the property empire he spent decades assembling with his family.
11:05Two ventures account for the bulk of the crypto windfall.
11:09World Liberty Financial, launched by his sons in 2024, brought in more than $500 million.
11:15And a separate business tied to the Trump meme coin generated a further $635 million from token sales.
11:23While in power, Trump has enacted measures to deregulate the sector, causing asset prices to soar.
11:29The president's crypto activities are the main reason for the near tripling of his personal fortune.
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