00:02The European Commission fined AliExpress 550 million euros for failing to adequately assess and mitigate risks linked to the sale
00:12of illegal, unsafe and counterfeit products on its e-commerce platform.
00:16The Chinese platform's product compliance checks were also found to be vulnerable to abuse with malicious traders, allegedly misclassifying products
00:26to exploit less stringent requirements.
00:28According to the European Commission, large volumes of illegal products continue to circulate on AliExpress despite moderation efforts.
00:38The company itself reported that almost 15 million illegal products were recommended last year to users in the European Union.
00:47We're mostly speaking about unsafe and counterfeit products such as cosmetics, toys, clothes or gadgets, to name just a few.
00:56The finest, the latest development informal proceedings launched in 2024 over a potential breach of the EU's Digital Services Act.
01:05AliExpress now has until the 20th of October 2026 to submit an action plan outlining how it will address the
01:11Commission's concerns.
01:18The European Commission unveiled proposals aimed at making European banks more competitive.
01:24The aim of this communication is to strengthen the single market in the banking sector.
01:30The Commission wishes to establish a framework to enable banks to take prudent risks.
01:36It's not banks that need to take more risk.
01:40It's the whole Europe that needs to have a different approach to risk.
01:45But because of some inefficiencies in our system and still the legacy of the previous crisis,
01:52we focused a lot on reducing and trying to eliminate risk.
01:57But if you eliminate risk, you eliminate opportunities.
02:00We know that risk-taking is indispensable for innovation, for economic growth.
02:06So what we are talking about here is a recalibration.
02:09The Commissioner emphasized that financial stability remains a precondition.
02:15However, she called for a political debate to assess how much risk the bloc is prepared to take
02:21in order to finance growth and investment in strategic sectors such as innovation, defence and the clean transition.
02:34Hungarian Prime Minister Peter Magyar has invited Judith Polgar, the most successful female chess player of all time, to become
02:42Hungary's president.
02:43Polgar led the Women's World Ranking for 26 consecutive years, achieved a career best of eighth place on the overall
02:52world list.
02:52The widely respected athlete has not previously taken on any political role.
02:58Writing on Facebook, the Prime Minister said that Hungary needs unity, peace and a president in whom every Hungarian can
03:05be proud.
03:06At the beginning of July, the Prime Minister posted a photo on his social media accounts showing him playing chess
03:13with Judith Polgar.
03:14Since then, there has been speculation as to whether Magyar is considering her as his candidate for head of state.
03:24Ukraine launched over 400 drones toward Moscow overnight on Monday, reportedly hitting an oil depot and a logistics centre.
03:35Ukrainian President Volodymyr Zelenskyy said Ukrainian forces also struck two Shadow Fleet tankers and four cargo ships in the Black
03:44Sea.
03:44Russian authorities claimed most of the drones were downed far from the capital and 85 were intercepted near Moscow.
03:52Russian officials said ten people were wounded by Ukrainian drones and several residential buildings and civilian infrastructure were damaged.
04:01The attacks followed a weekend of escalating exchanges between the two sides, with Russia targeting Kyiv with ballistic missiles on
04:09Sunday and Ukraine hitting warehouses belonging to one of Russia's largest online marketplaces, Wild Berries, outside of Moscow on Saturday.
04:19Russian media reported that another fire was reported at a warehouse belonging to the Russian online retailer in Ukraine's latest
04:28attack.
04:29The growing escalation indicates no ending sights in the war, but Kyiv has said its strikes on the Russian capital
04:36are intended to damage Russia's offensive capabilities and pressure the Kremlin to negotiate.
04:47The U.S. military said on Monday it had completed its ninth consecutive night of strikes against Iran, claiming they
04:54struck military infrastructure and strategic sights.
04:58The latest barrage came after Washington announced the death of three American service members, two who were killed during an
05:05Iranian attack on a U.S. base in Jordan, and another in Iraq during a controlled detonation of a drowned
05:11Iranian drone.
05:13We hit them very hard again tonight, and we did that in honor of the probably three, it's probably three
05:20as opposed to two great patriots.
05:25Meanwhile, Iran warned for retaliation if the United States kept attacking the Islamic Republic.
05:30On Monday, Kuwait's army said its air defense was responding to an Iranian attack, and a day prior, Tehran said
05:36it targeted two U.S. bases in the country.
05:39Bahrain also sounded its missile alert sirens on Monday morning.
05:43The escalating conflict once again had a direct impact on the Strait of Hormuz, severely disrupting traffic in the waterway.
05:54Two major wildfires are continuing to burn in central and northeastern Spain.
06:00The blaze near La Miela, around 100 kilometers from Madrid, has scorched nearly 13,000 hectares and forced the evacuation
06:10of 16 villages.
06:12Firefighters are working to contain the southern edge of the fire and protect nearby communities.
06:19Regional authorities say strong winds have driven extreme fire behavior, with flames advancing at more than 60 meters per minute.
06:27Spain's civil guards say they are investigating whether the blaze began during agricultural work involving a combined harvester.
06:36Meanwhile, another wildfire near Ores in Zaragoza province has burned more than 15,400 hectares.
06:44Around 450 emergency personnel are involved, although officials say conditions improved overnight.
06:52Across Spain, some 70,000 hectares have burned so far this year.
06:58Authorities say they have recorded 18 major wildfires, almost three times the area affected during the same period last year.
07:31This morning is bringing flying cars into the real world.
07:35our goal is very clear mass production. For 13 years, ASPONG has worked on flying cars.
07:46Many people said it was impossible many, many times. We believe it and we keep going.
08:16On the road, it drives just like a normal car with forces. You only need a regular driver's
08:22license. When you stop, press one button, the aircraft comes out from the back. It separates
08:31from the car in about five minutes. Then you are ready to fly.
09:24At 5.30 a.m. local time on Monday, air raid sirens sounded in all cities of the Republic of
09:30Cyprus,
09:31marking the 52nd anniversary of July 20, 1974, when Turkey launched its invasion of the island.
09:38An initial ceasefire agreement only lasted a few days after the initial incursion,
09:43which saw Turkey take control of roughly 3% of the island in its opening offensive.
09:48In August 1974, the second phase of the operation known as Attila II followed,
09:53during which Turkish forces expanded their control to the northern part,
09:57and with it seizing over a third of the Mediterranean island. Between 4,000 and 5,000
10:03people were either killed or gone missing from the invasion. International organizations,
10:08including the UN, have on numerous occasions pointed towards violations committed by Turkish
10:13forces against Greek Cypriots, including violence and displacements. The island nation is currently the
10:19only European Union member state with part of its territory under occupation, and the Cyprus issue has
10:25remained unresolved for over half a century. Cypriot president Nikos Christodolides paid tribute to those
10:32who died resisting the invasion.
10:34We are the heroes here in the camp of the Macedonia, but also where everyone is
10:41fighting for the pan-Kypros, the philatism of the people in all the areas of the country,
10:47and the catechomenes of the Kyrgyz, and the land of the Kyrgyz and the land of Kyrgyz,
11:01Thank you very much.
11:32The anniversary comes amid a potential revival of UN-led peace talks between the island's Greek-Cypriot and Turkish-Cypriot
11:39communities, which are aimed at reunifying the island.
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