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The European and UK car sectors are pressing the European Commission for a second extension of the Brexit EV tariff suspension, arguing that the 1 January 2027 rules on battery origin cannot be met.Industry Request for a Second Suspension of Brexit EV TariffsThe EU‑UK Trade and Cooperation Agreement requires that, from 1 January 2027, 55% of a car’s value and specific battery components be produced in Europe to qualify for tariff‑free trade. The original suspension, granted for three years, is set to expire at the end of 2026. With only seven months remaining, ACEA and the UK’s SMMT have formally asked the Commission to delay the re‑imposition of tariffs once more.Tariff‑Free Thresholds and Current Battery Production GapsUnder the 2020 deal, 70% of the battery pack and 65% of the battery cell must be European‑made. Initial expectations were that 30% of battery packs and cells would be produced in the EU or UK within a few years, but by 2023 this target proved unrealistic due to COVID‑19 disruptions and semiconductor shortages linked to Russia’s invasion of Ukraine. ACEA’s international trade director, Jonathan O’Riordan, noted that the industry had forecast 60% of batteries would be European by 2027, yet current estimates place the figure at just under 20%. In the UK the share is slightly higher but still below the required level.Implications for EU‑UK Automotive Trade and Battery InvestmentStakeholders warn that reinstating tariffs would be “self‑defeating”, discouraging consumers from buying EVs and eroding recent investments in domestic battery capacity. The high cost of battery production—still about 30% higher than in China—and the estimated $750 million required to develop a full lithium supply chain further strain the sector. Both ACEA’s director‑general Sigrid de Vries and SMMT chief executive Mike Hawes stress the need for a pragmatic, policy‑driven solution to protect the EU‑UK automotive partnership and broader competitiveness.Outlook: Possible Scenarios for Future EU‑UK EV Trade RulesThe European Commission has indicated willingness to discuss the issue within ongoing EU‑UK negotiations. Potential outcomes include another temporary suspension, a renegotiated rules‑of‑origin framework with lower thresholds, or the introduction of transitional measures to support battery supply‑chain development. European leaders are set to meet on 18 June, with China’s role in raw‑material supply also on the agenda, suggesting that geopolitical factors will continue to shape the final decision.

The Significance of Xi Jinping's Visit Chinese President Xi Jinping's meeting with North Korea's Kim Jong Un in Pyongyang on Sunday is significant for one reason: it's a rare trip abroad for Xi. The two men met in Beijing just a year ago, but Xi's travel has been limited in recent years. China's Changing Relationship with North Korea Traditionally, Beijing played the role of senior partner in the China-North Korea relationship, with North Korea heavily dependent on China for as much as 95 percent of its trade. However, that dynamic has been changing since Russia's 2022 invasion of Ukraine, with North Korea providing Russia with critical weapons, artillery, and manpower. The Data Behind the Relationship North Korea may have received between $580m and $1.5bn of the $14.4bn paid by Moscow in the form of 'goods' China shares a mutual defence treaty with North Korea, but is wary of North Korea acquiring new military technology The Impact on Regional Security Xi's visit comes amid concerns about North Korea's growing military ties with Russia and its impact on regional security. North Korea has carried out eight missile launches since the start of the year, and has unveiled a new AI-guided tactical cruise missile. The Future of North Korea-China Relations Xi's trip may also be aimed at smoothing over relations with South Korea, which has been critical of North Korea's military actions. The visit could play a constructive role in addressing issues related to the Korean Peninsula, including a possible meeting between Kim and Trump later in the year.

The Lead Swiss startup VunaNexus has developed a technology to recycle urine into a natural fertiliser called Aurin, which is certified for use on all plants by Swiss and French authorities. The Urine Recycling Process The process involves collecting urine from special toilets, treating it, and concentrating its nutrients into a liquid fertiliser. The urine is collected from special toilets that separate the liquid from water, and then it is treated in a small plant in the basement of the building. The treatment process removes micropollutants and concentrates the valuable nutrients such as nitrogen and phosphorus. The Data Analysis The fertiliser, Aurin, is sold to farmers, used in gardens and on house plants, and is being tested by city authorities in Paris, Lausanne, and Zurich. VunaNexus says that if all the urine of people in Europe were recycled, it could cover around 30% of the nitrogen need. The Impact Analysis The fertiliser market has become increasingly vulnerable due to the conflict in Ukraine, which has sent fertiliser prices soaring. The UN has said that 45 million people are at risk of acute hunger because of the conflict in the Middle East as fertiliser prices soar and the supply shock threatens food security in some of the world's poorest countries. The Prediction VunaNexus needs to scale its fertiliser production and get paid for the wastewater treatment service it provides to become competitive on the agricultural market. The company is working on finding ways to deliver improved urban sanitation that can produce fertilisers, and its technology is being rolled out across a newly developed eco neighbourhood in Paris, which will be the biggest project of its kind in Europe.

The Call for Energy Stability Saudi Arabia's Minister of Energy, Prince Abdulaziz bin Salman Al Saud, has met his Russian counterpart in St Petersburg and called for stability in global energy markets as OPEC+ grapples with disruptions caused by the wars in Iran and Ukraine, which have sent oil prices skyrocketing. OPEC+ Challenges OPEC+ has been mired with unprecedented challenges, with slashed oil exports, and the United Arab Emirates, an OPEC powerhouse for almost 60 years, left the oil cartel in April. Uncertainty in the Energy Sector “The situation we’re going through now does make a point here, which is the world needs every molecule of energy, and every form of stabilisation to this energy, because without energy security, you will lose sustainability,” the minister said. “There are so many moving parts, there are so many unknowns, there are things that you think have become a reality, but then you wake up the next morning, and the reality is no longer a reality.” Russia's Low Oil Production Russian counterpart and Deputy Prime Minister Alexander Novak echoed his views, adding that OPEC+ was able to offset global changes in the energy sector. Novak also mentioned that Russian oil production has fallen since the start of the year, blaming the decline on unplanned maintenance at refineries. Future Outlook Reuters reported that Saudi Arabia, Russia, and five other OPEC+ countries would likely agree to a further hike in their output target for July when they meet on Sunday, quoting unnamed sources.

The Lionesses endured a bruising 4‑0 defeat to Spain at the Estadi Mallorca Son Moix, marking their biggest loss in over a decade and jeopardising automatic qualification for the 2027 Women’s World Cup. Coach Sarina Wiegman stressed that the result is a wake‑up call, not a crisis, and that England remain in contention through the upcoming fixtures and potential playoffs.The 4‑0 Defeat in Mallorca: A Wake‑Up Call for EnglandEngland entered the match as group favourites, yet the side failed to find rhythm, with Wiegman admitting they “didn’t play good enough” and “couldn’t get into another gear”. Key observations:Spain dominated possession and created multiple chances inside the 18‑yard box.England’s defensive shape collapsed, exposing a technical gap highlighted by analysts.Wiegman’s tactical tweaks, including the omission of Aggie Beever‑Jones, were widely questioned.Points, Goal Difference and Play‑off ImplicationsThe loss leaves England on 15 points, level with Spain but trailing on head‑to‑head goal difference. The current group standings are:Spain: 15 points, superior goals scored in direct encounters.England: 15 points, second place.Ukraine and Iceland remain within striking distance.If England win their next match against Iceland and Spain drop points elsewhere, the table could flip. However, a win for both England and Spain on Tuesday would keep Spain atop the group, pushing England into the two‑round UEFA playoff.What the Loss Means for England’s World Cup Qualification PathOnly the four League A group winners qualify automatically. All other teams, including England if they finish second, must navigate a two‑round playoff that adds at least four extra matches between October and December. This congested schedule threatens preparation time for the World Cup finals in Brazil.Potential playoff opponents could include a League C side over two legs, followed by a clash with a League B or lower‑ranked League A team—possible adversaries such as Belgium or Portugal. The added fixtures also increase injury risk for key players like Lauren James and Lucy Bronze.Looking Ahead: Iceland, Ukraine and the Play‑off OutlookEngland travel to Reykjavik to face Iceland, a side comfortable on home turf. A win would keep England in contention, but a slip could cement their playoff fate. Simultaneously, a Spanish slip against Ukraine would reopen the group race.In the longer term, Wiegman’s squad depth will be tested as she balances the need for fresh talent with the demand for consistency. Decisions on backup centre‑forwards, left‑back options, and the role of emerging No 10s will shape England’s ability to rebound and secure a World Cup berth.

The Stunning Upset Russian teenager Mirra Andreeva was already a tennis phenom at age 15. At 19, she's a Grand Slam champion. The eighth-ranked Andreeva ended the run of 114th-ranked Polish qualifier Maja Chwalinska by 6-3, 6-2 in the French Open final on Saturday. Andreeva's Historic Win Andreeva became the youngest player to win the women's singles title since Monica Seles, who was 18 when she landed her third straight French Open in 1992. During the trophy presentation, Andreeva took the unusual step of thanking herself “for believing in myself, always giving my 100 percent, even when it’s tough, trying every day to be better as a person and as a player, believing that I can do this, fighting so many demons inside of me.” The Final Match The final was played under mostly sunny skies, but wind was a factor in the first Grand Slam final for both players. Chwalinska double-faulted on the opening point of the match, but she was the first player to hold serve in the fifth game for a 3-2 lead. But then Andreeva won nine straight games to take control as she found a way to hit through the wind and answer Chwalinska’s array of spins and drop shots. Andreeva's Background Andreeva was born in Siberia, moved to Sochi, and eventually France, to develop her tennis career. She drew a loud applause from the crowd on Court Philippe-Chatrier when she spoke a few words of French during the trophy presentation. “Thanks for your support today and over these past two marvellous weeks here in Paris,” Andreeva said. “It was very important for me.” The Future of Tennis Andreeva has been considered a Grand Slam contender since she burst onto the scene as a 15-year-old at the 2023 Madrid Open, where she became the third youngest player to win a main draw match at a WTA 1000 tournament and made the quarterfinals. Lately, Andreeva has had to contend with playing under neutral status and without her country’s flag due to the war with Ukraine.

The Drone Assault on Russia's Second CityResidents of Saint Petersburg were instructed to remain indoors as a large-scale Ukrainian drone attack targeted Russia's second-largest city at the conclusion of a three-day international economic forum. Russia's defense ministry reported that air defenses successfully intercepted 376 Ukrainian drones overnight, with attacks intensifying on both sides of the conflict as no clear resolution appears imminent.Scale and Targets of the Drone OperationsRussia claimed the drones were downed over 16 areas and regions, including Saint Petersburg, Crimea, and over the Azov and Black seas. Aleksandr Drozdenko, governor of the Leningrad region, reported that 86 drones were specifically shot down in his jurisdiction, which includes Saint Petersburg and key Baltic ports.Ukrainian President Volodymyr Zelenskyy confirmed that Kyiv's drones traveled approximately 1,000 kilometers to reach the St Petersburg region, targeting "the enemy navy's arsenals and a base in Kronstadt." He also stated that Ukraine's long-range drones struck an oil depot in the Krasnodar region, about 500 kilometers inside Russian territory.Economic Forum Amid Escalating ViolenceThe St Petersburg International Economic Forum (SPIEF), which concluded on Saturday, had attracted some 20,000 guests from more than 130 countries. The event became a backdrop for the escalating conflict, as Ukrainian drones had already struck an oil complex and naval base in the city on the first day of the summit.The juxtaposition of international economic discussions and military strikes highlighted the continuing impact of the war on global affairs and regional stability.Casualties and Reciprocal AttacksIn Ukraine, the conflict continued to take lives. Zaporizhzhia regional governor Ivan Fedorov reported finding the bodies of two men who had been unaccounted for after a Russian attack. Additionally, one person was killed and three others wounded in Russian drone and artillery attacks in Dnipropetrovsk, according to regional governor Oleksandr Ganzha.Diplomatic Stalemate PersistsThe military escalation comes amid diplomatic deadlock. In a rare move, Zelenskyy had appealed directly to Putin on Thursday, proposing "a meeting" to end the war through direct engagement. However, speaking at the economic forum on Friday, Putin rejected the proposal, stating there was "no point" in such a meeting."It only makes sense for the Ukrainian side to stop the advance of our armed forces. That's it. And we need agreements," Putin said, suggesting that experts should develop solutions first before any potential meeting.Future Outlook: No End in SightThe positions of both sides remain fundamentally opposed. Russia has indicated it will only agree to end the war if it retains territory it has taken from Ukraine, while Ukraine has stated it will only accept a peace agreement once all its territory is returned.With drone attacks intensifying and diplomatic efforts stalled, the conflict shows no signs of abating, with both sides signaling their determination to continue military operations until their respective objectives are met.

The Heavy Defeat That Changed England's World Cup PathEngland's Lionesses suffered a humiliating 4-0 defeat to Spain in World Cup qualifying, their worst result in 17 years. The comprehensive loss has put their automatic qualification for the World Cup in serious jeopardy, with manager Sarina Wiegman demanding an immediate reaction from her team.Qualification Hanging in the Balance After Spanish DominanceThe match in Mallorca was a turning point in England's qualifying campaign. A win, draw, or even a single-goal defeat would have kept their hopes of topping the group alive. However, Spain's dominance means that even if England wins their remaining match against Ukraine, they could face playoffs due to Spain's superior head-to-head record should Spain also beat Iceland.World Champions Expose England's ShortcomingsWiegman admitted she expected a much tighter contest but was disappointed by her team's performance. The opening goal came via a heavy deflection, but England failed to respond effectively as Spain took control. The Lionesses struggled to maintain possession, create chances, and stay compact defensively, allowing Spain to exploit spaces and run away with the game.Manager's Post-Match Analysis Questions Team's ExecutionFollowing the defeat, Wiegman emphasized the need to analyze what caused such a poor performance against a quality opponent. While acknowledging Spain's quality, she questioned whether her team executed their gameplan effectively. The manager specifically pointed to difficulties in keeping possession, making passes, and maintaining defensive organization as key issues that need addressing.Focus Shifts to Ukraine Despite Playoff LoomDespite the setback and potential playoff scenario, Wiegman stressed the importance of focusing on the upcoming match against Ukraine. She reminded that Spain also has a challenging fixture against Iceland, maintaining that England's immediate priority is to secure a victory. The manager indicated that only after dealing with Ukraine will the team begin preparations for what appears to be a playoff path to the World Cup.

The War Economy: A Billionaire’s Perspective from the FrontlineUkraine is reeling from its heaviest aerial raid in months, with at least 25 people killed in the night sky. In the aftermath, Rinat Akhmetov, the country's wealthiest oligarch and owner of Shakhtar Donetsk, gives a rare interview from a location outside Kyiv. This conversation marks the 90th anniversary of the club and the 30th year of Akhmetov's leadership, offering a unique insight into how the war has reshaped his personal and professional life.From Coal Traders to Champions: The Akhmetov StrategyAkhmetov’s rise from a child in 1970s Donbas to the owner of one of eastern Europe’s most influential football clubs is a story of calculated risk and strategic foresight. His journey began not in football, but in the volatile economy of the 1990s.The Proximity of Danger: Akhmetov was five seconds away from death when his business partner and predecessor, Akhat Bragin, was killed in a stadium explosion in 1995. This tragedy left the club abandoned, with players earning as little as $200 or $300 a month.Industrial Expansion: Leveraging the collapse of the Soviet Union, Akhmetov moved from trading coke and coal to acquiring cheap stakes in metallurgy plants. He revitalized the Yenakiieve plant, where workers previously earned $45 a month, transforming it into a globally competitive enterprise.Breaking the Mold: To break Dynamo Kyiv's dominance, Akhmetov hired foreign managers like Nevio Scala and Mircea Lucescu. He argued that a patriot is someone who works for Ukraine's benefit, regardless of origin, a philosophy that yielded 22 trophies over 12 years.The Financial Toll of Occupation and the Iron and Steelworks of AzovstalThe conflict in Donbas has been devastating for Akhmetov’s industrial empire. Since the occupation began in 2014, his businesses have suffered severe losses. The Azovstal iron and steelworks became a global symbol of Ukraine's resilience during the 2022 siege, though it came at a massive cost to the local economy.Shakhtar was forced to flee their home, losing the Donbas Arena—a stadium that once held 40,000 to 50,000 fans—to the occupying forces. The club's relocation to Lviv and Poland turned them into a powerful ambassador for the Ukrainian state, using the Conference League semi-finals to keep the world's attention on the war.Shakhtar as a Symbol of Ukrainian ResilienceAkhmetov reveals that Shakhtar has always been pro-Ukrainian, evidenced by their 2007 decision to use the Ukrainian spelling of their name over the Russian one. However, the full-scale invasion has crystallized this identity. The club is now viewed globally as a symbol of the fight for independence, sovereignty, and freedom.The Road to Donbas: A Promise Kept and BrokenFor years, Akhmetov maintained a moral imperative: he vowed not to attend another game until Shakhtar returned to their beloved Donbas Arena. This promise was broken last month when he returned for the Conference League quarter-final following the death of his long-time manager, Mircea Lucescu. The spontaneous decision was driven by emotion, as the players' applause during the warm-up moved him to tears. It marks a significant moment in the club's history, signaling a potential return to the region that birthed them, even as the war continues.