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World

EU member states wrangle over all-important budget: Is a deal this year feasible?

A marathon EU summit on October 15-16 failed to produce a breakthrough on the European Union's next long-term budget. Although EU leaders put on a brave face at the end of the talks by saying that "the way forward is clearer", EU capitals appear deadlocked on what that path is. At stake is the EU's ability to finance its strategic priorities from 2028 to 2034. The main dividing line is between the so-called "frugal countries", who want deep cuts to the proposed budget, and the "friends of cohesion", who say that cuts are not the answer.

Politics

EU member states set for budget clash

European lawmakers have kicked off what's likely to be a long and fierce negotiation over the bloc's seven-year budget. Member states are divided on spending priorities, and pending elections in countries including France and Italy are adding pressure to the talks in Brussels. Also in the show: AI stocks lose a trillion dollars in this week's tech stock sell-off, and Ledger's CTO Charles Guillemet explains why AI is changing the security landscape.

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World

A grim winter ahead? EU states asked to prepare gas and electricity savings

Alarm bells are ringing about fuel prices across the EU. The average cost of diesel per litre is well above €2, whereas in October of last year it was around €1.50. Even before this latest spike, the cost of living was already biting, and it seems that the conflict in the Middle East is not going to give Europeans much respite as the winter draws closer. We review what EU member states have done to cushion the blow of rising energy prices for ordinary people, and whether those measures have been effective.

Entertainment

Paramount and States Defend Antitrust Settlement From Sen. Booker’s Criticisms

Paramount and a coalition of 12 state attorneys general defended their antitrust settlement on Monday from a series of criticisms raised last week by New Jersey Sen. Cory Booker. In separate filings, the two sides argued that the deal was vigorously negotiated, has “teeth,” and should not be subjected to an independent “public interest” review. […]

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World

States settle lawsuit with Paramount, paving way for Warner merger

Twelve states and Hollywood writers challenging Paramount’s buyout of Warner Bros. Discovery agreed to settle their lawsuits on Monday, effectively paving the way for the $81 billion mega merger to cross the finish line, with some new commitments from the company.

World

Paramount, US states settle antitrust lawsuit over Warner Bros. acquisition

Paramount Skydance has settled a lawsuit with a dozen US states that sought to block its acquisition of Warner Brothers, as well as with the Writers Guild of America. California's attorney general said that while the settlement addressed concerns over competition and protection, it did not mean a vote of support for the deal.