World
New German chancellor aims for stronger EU ties with France and Poland
As he travelled to Paris and Warsaw on Wednesday for his first official foreign trip, the new German Chancellor Friedrich Merz did not arrive in the favourable position he had hoped for.
The CDU party leader wanted to send a strong message to his partners. However, it took him two rounds of voting on Tuesday to be confirmed as head of government, a first in German political history since World War II.
As a result, Merz had to deal with a domestic crisis right before he met with his French and Polish counterparts.
The initial stumble is likely to weigh heavily on Merz’s shoulders, as he wants to bring about a shift in thinking in his country. The new German chancellor wants to make defence a priority. Since his party’s election success in February, Merz has been defending a strong Germany within a strong Europe that is more independent of the US — a break with the past for the staunch Atlanticist.
Merz’s words about dedicating more resources to defence and discussing extending France’s nuclear deterrent are sure to appeal to French President Emmanuel Macron.
“Yes, it looks promising, and it’s good news because it couldn’t be worse than between Macron and Scholz (the previous Chancellor), who didn’t get on at all well,” explains Sophie Pornschlegel, deputy director of the Europe Jacques Delors think tank.
“And so I think that with Merz, who has also said that he is going to focus more on international relations and European affairs, we are going to see a Franco-German renewal”, Pornschlegel explained.
However, at this stage, it is unclear whether Paris and Berlin can agree on joint projects or whether the aim is to promote national industry.
“The question will of course be the details, and we will have to see if France gives up being very Franco-French and really does something European, and also to see if Germany can really let go of its transatlantic tradition, which is still very strong, especially among the conservatives,” Pornschlegel added.
Relaunching the Weimar Triangle
After Paris, Merz went on to Warsaw. Once again, the gesture was powerful. Poland is the EU country that devotes the largest share of its budget to defence. This is a point on which the two leaders, who come from the same political family, can draw closer.
“Poland is a less obvious partner, I think, for Mertz, but he knows, he understands, I think, very well that it is not enough for France and Germany to lead Europe, that the situation is different, that Europe is different from what it was in the past, and that Poland is also necessary as part of this European core,” said Piotr Buras, director of the Warsaw office of the European Council on Foreign Relations (ECFR).
“The fact that he is coming to Poland on the first day of his term as chancellor is, of course, a sign of this increased interest in this bilateral relationship, and I think that he will regard Poland as an important partner on a par with France and the Weimar Triangle,” Buras added.
The Weimar Triangle is a cooperation forum created in 1991 between France, Germany, and Poland. It was created at a time when Europe was undergoing reorganisation following the fall of the Berlin Wall.
But for Buras, relaunching the European machine through this trio is too simplistic.
“I think that Merz considers France and Poland, perhaps not as equal partners, but as really important partners for Germany, but he knows that the coalitions of the willing, which will shape the future of Europe, must be more important than that”, he told Euronews.
Merz’s agenda underlines his desire to work at the EU level. On Friday, he will meet the presidents of the European Commission and the European Council, Ursula von der Leyen and Antonio Costa.
World
Patriots rookie RB Tre’Veyon Henderson sidelined against Ravens with head injury
BALTIMORE (AP) — New England running back Tre’Veyon Henderson left Sunday night’s game at Baltimore in the second quarter with a head injury.
Henderson was slow getting up after a carry in Baltimore territory. He was able to walk off the field, but then headed to the tunnel a short time later. He was later ruled out.
Henderson entered the game with 773 yards rushing and is a Rookie of the Year candidate after teaming up with Drake Maye to help the Patriots close in on a playoff berth. He had touchdown runs of 52 and 65 yards in last week’s loss to Buffalo.
He had just 3 yards on five carries before exiting against Baltimore.
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AP NFL: https://apnews.com/hub/nfl
World
Iran executes man convicted of spying for Israeli intelligence
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Iranian officials executed a man over the weekend who was convicted of spying for Israel’s intelligence arm and its army, according to state media.
The man was Aghil Keshavarz, who was put to death on Saturday, state media reported.
Keshavarz, 27, had “close intelligence cooperation” with the Mossad — the national intelligence agency for Israel — and captured photos of Iranian military and security areas, according to state media.
IRAN’S EXECUTION RATE TOPS 1,000 THIS YEAR AS DEATH ROW INMATES LAUNCH HUNGER STRIKE
Iran executed Aghil Keshavarz, 27, after he was convicted of spying for Israel’s Mossad intelligence agency. (Getty Images)
Keshavarz was arrested in May while taking pictures of a military headquarters in the city of Urmia, located about 371 miles northwest of Iran’s capital of Tehran.
He was accused of engaging in more than 200 similar assignments for the Mossad in various Iranian cities, including Tehran.
Keshavarz was tried and sentenced to death in connection with the spying accusations. The country’s Supreme Court later upheld the sentence, according to state media.
Smoke rises from the building of Iran’s state-run television after an Israeli strike in Tehran, Iran, on June 16, 2025. (AP Photo)
Iran has executed 11 people for espionage since a 12-day air conflict in June that was kicked off by Israel, killing roughly 1,100 people in Iran, including military commanders and nuclear scientists. Iran countered with a missile barrage that killed 28 people in the Jewish State.
In October, Iran executed an unknown person convicted of spying for Israel’s intelligence agency in the city of Qom.
IRAN HANGS A MAN CONVICTED OF SPYING FOR ISRAEL
A police officer stands guard as demonstrators wave flags and cheer during a gathering following the announcement of a ceasefire between Israel and Iran, on June 24, 2025, in Tehran, Iran. (Majid Saeedi/Getty Images)
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Various others have been executed in Iran in recent years before the June conflict on allegations of spying for the Mossad, including multiple earlier this year.
Iran routinely conducts closed-door trials of people accused of espionage, with the suspects often unable to access the evidence prosecutors used against them in their case.
The Associated Press contributed to this report.
World
EU plans to raise €90 billion in joint debt for Ukraine — here’s how
Reparations loan is out, joint debt is in. That is the agreement that the 27 leaders of the European Union reached at their make-or-break summit this week.
With the reparations loan ruled out for good, the bloc turns to common borrowing to raise €90 billion to meet Ukraine’s budgetary and military needs for the next two years.
It is a simpler, faster and more predictable solution compared to the high-risk scheme of using the immbolised Russian assets. But joint debt is expensive, and immediately so.
Here’s what you need to know about the plan.
Back to the markets
Since neither the EU nor its member states have €90 billion at their disposal at the moment, the European Commission will go to the markets and raise the money from scratch by issuing a mix of short-term and long-term bonds.
The €90 billion will be gradually dolled out to ensure a steady flow of assistance to Ukraine, which needs a fresh tranche as early as April. The country will be able to use the funds for both military and budgetary purposes for greater flexibility.
In the meantime, the EU budget will absorb the interest rates to spare Ukraine, already heavily indebted, from any additional burden. The Commission estimates that, under current rates, the interest payments will amount to €3 billion per year. This means the next EU budget (2028-2034) will have to make space for about €20 billion.
Member states will share the interest according to their economic weight. Germany, France, Italy, Spain and Poland will carry the highest costs.
According to Commission officials, the €90 billion will not count towards domestic levels of debt because the issuance will be done exclusively at the EU level.
Forever roll-over
Under a non-recourse loan agreement, Ukraine will be asked to pay back the €90 billion only after Russia ceases its war of aggression and agrees to pay war reparations.
Given that Moscow has emphatically ruled out the possibility of any compensation, the Commission is already prepared to roll out the liability over time so that Ukraine does not have to pay out of pocket, which will be painful after suffering so much devastation.
“The assumption is, today it’s a non-recourse loan to Ukraine that is only paid back when reparations are there, and therefore this debt is going to be rolled over up until then,” a senior Commission official explained.
But will the roll-over continue for eternity?
That seems unlikely. At some point in the future, the EU will have to settle the fate of the €90 billion to stop paying interest rates. The go-to method will be the EU budget, which will act as the ultimate guarantor to ensure investors are always paid back.
The three opt-outs
The reason why joint debt for Ukraine is now possible is that, as first reported by Euronews during the summit, Hungary, Slovakia and the Czech Republic agreed to refrain from vetoing in exchange for being exempted.
This is key because under current rules, the EU budget cannot be used to raise money for a non-EU country. Any changes to that effect will require unanimous approval.
Hungary, Slovakia and the Czech Republic will commit to that unanimity. In return, the bloc will activate the so-called “enhanced cooperation” mechanism to spare them from any costs and responsibilities associated with the €90 billion.
The other 24 countries will take over their share of the interest. But the change will be minimal because the three opt-outs only amount to 3.64% of the bloc’s GNI.
The exemption will also be institutional. Once the budget rules are amended and the “enhanced cooperation” is triggered, the three countries will lose their voting rights to approve the regulation that will establish the new assistance programme.
In practice, they will be strictly removed from the initiative.
Strings attached
The Commission intends to recycle the now-discarded proposal of the reparations loan to set up the €90 billion common borrowing.
As a result, Ukraine will be subject to the same conditions to receive the funds.
One of them is a “no rollback” clause that will link the aid to the anti-corruption measures that Kyiv must implement to advance in its EU accession bid. The country was recently shaken by a corruption scandal in the energy sector that precipitated numerous resignations, including that of Andriy Yermak, President Zelenskyy’s chief of staff.
If Kyiv takes a step back on the fight against corruption, as it briefly did in the summer when it undermined the independence of two anti-corruption agencies and prompted widespread protests, payments will be suspended.
There will also be safeguards to strengthen oversight on how Ukraine allocates defence contracts, which have been a source of controversy in the past.
Additionally, there will be “Made In Europe” criteria to ensure the €90 billion fosters Ukraine’s and Europe’s domestic defence industries. Only when the equipment is not readily available on the continent will purchases outside Europe be allowed.
Assets still on the table
Resorting to joint debt means the cash balances from the Russian assets will not be touched, as was originally planned in the reparations loan.
However, in their conclusions, EU leaders say they reserve “the right” to tap the assets, or at least try, sometime in the future, as a way to repay the €90 billion borrowing.
“For me, it’s very difficult and very premature today to say how this will be translated in actual terms,” a senior Commission official said when asked about the meaning.
“I think the message is pretty political, which is to say that the option to use the cash balance assets of the Russian Central Bank is not off the table.”
The addition of the assets into the final wording is considered a way to placate those countries that were most vocally supportive of the reparations loan, particularly Germany, and had publicly ruled out the idea of common borrowing.
President Zelenskyy hailed the decision as an “important victory” for his country.
“Without these funds, it would be very difficult for us. In any case, this is tied to Russian reparations,” he said. “For us, this is a reinforcement. It is a signal to the Russians that there is no point for them to continue the war because we have financial support, and therefore, we will not collapse on the front line. We will support our army and our people.”
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