Peter Magyar sworn in as Hungary’s PM, ending Orban’s 16 years in power
Peter Magyar has been sworn in as Hungary's Prime Minister after his Tisza party secured a large parliamentary majority, ending Viktor Orbán's 16 years in power. The shift could repair Hungary's strained ties with the EU and potentially unlock frozen EU funds withheld over rule-of-law concerns.
1mo ago · 2 min · Global Affairs
Trump gives EU until July 4 to ratify deal or face tariff hike
President Trump has given the EU a July 4 deadline to ratify a trade deal, warning of higher tariffs if the deadline is missed. European exporters in autos, industrials, and luxury goods face direct risk if talks stall and US duties rise.
1mo ago · 2 min · Global Affairs
Trump gives 4 July ultimatum to EU to approve trade deal with US
Trump has set a 4 July deadline for the EU to formally enact a trade deal and cut tariffs on US goods to zero. Failure to comply risks new US tariffs on European exports, with potential knock-on effects for transatlantic trade and markets.
1mo ago · 2 min · Global Affairs
WATCH: Trump says he raised tariffs on autos from EU to 25%
President Trump announced in a social media post that he has raised tariffs on EU automobile imports to 25%, claiming the EU failed to comply with an agreed trade deal. The move could raise costs for European automakers and trigger retaliatory measures from the EU.
2mo ago · 2 min · Global Affairs
Trump announces 25 percent tariffs on European Union cars, trucks
President Trump announced 25 percent tariffs on EU-made cars and trucks, citing the EU's non-compliance with an existing trade deal. European automakers with large US sales exposure face immediate cost pressure, with buyers potentially seeing higher prices.
2mo ago · 2 min · Global Affairs
EU Trade Surplus Narrows From 2025’s Pre-Tariff Surge
The EU trade surplus has narrowed after an earlier 2025 spike driven by exporters front-loading shipments ahead of U.S. tariffs. The pullback reflects fading pull-forward demand rather than a fundamental shift in export performance. Markets will watch whether tariff pressure begins to structurally weigh on EU export
2mo ago · 1 min · Economy
Death penalty law proves the EU must treat Israel as an apartheid state
Pernando Barrena argues Israel's death penalty legislation for Palestinians is grounds for the EU to classify Israel as an apartheid state and cut ties. The column presents an advocacy position with no identified EU policy mechanism or institutional sponsor behind the proposal.
2mo ago · 1 min · Global Affairs
Orbán's era was over in a flash and Hungary's next PM is a man in a hurry
Péter Magyar's Tisza party secured a landslide victory in Hungary, ending Viktor Orbán's extended hold on power. The result carries significant consequences for EU cohesion policy, Ukraine-related funding votes, and Hungary's domestic rule-of-law standing. Magyar has signaled a fast-moving transition agenda.
2mo ago · 1 min · Global Affairs
Israel says it’s West’s defender, but cares little for European critics
Israel is deepening its claim to be the West's security shield while brushing aside European criticism of its expanding military operations. The disconnect is widening diplomatic isolation from traditional allies who face domestic pressure to act on humanitarian concerns. The key question is whether European criticism
2mo ago · 1 min · Global Affairs
Orbán era swept away by Péter Magyar's Hungary election landslide
Péter Magyar has defeated Viktor Orbán in Hungary's national election, ending 16 years of Fidesz rule. The result shifts Hungary's stance toward the EU, where Orbán had been the bloc's most persistent internal disruptor on Ukraine aid and rule-of-law enforcement. Frozen EU cohesion funds and judicial reform are the imm
2mo ago · 1 min · Global Affairs
World reacts to election defeat for Viktor Orban, Hungary’s longtime PM
Viktor Orban has conceded defeat in Hungary's parliamentary election, with early results showing his Fidesz party losing its majority. The result ends more than a decade of near-unchecked legislative dominance and signals a potential shift in Hungary's stance on EU policy and Ukraine. Coalition formation talks are the
2mo ago · 1 min · Global Affairs
Hungary’s Viktor Orban concedes defeat in parliamentary elections
Viktor Orbán conceded defeat to opposition leader Péter Magyar in Hungary's parliamentary elections, ending 16 years as prime minister. The result breaks Fidesz's uninterrupted grip on power since 2010 and opens the door to potential shifts in Hungary's EU relations and frozen cohesion fund access.
2mo ago · 1 min · Global Affairs