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Trump jokes at Board of Peace about sharing limelight with Rubio, first lady
Trump joked at the inaugural Board of Peace meeting that he might fire Secretary of State Marco Rubio over his success following a European speech.
Exclusive: ECB President Lagarde tells colleagues she is still focused on her post
European Central Bank President Christine Lagarde has told colleagues she remains focussed on her job and she would tell them first if she was about to step down, four sources told Reuters, in a private message the recipients took to mean she was not about to resign.
Business Restructuring Review
In This Issue: The Year in Bankruptcy: 2025 A brief chronicle of the year's notable developments in corporate bankruptcy and restructuring, including business bankruptcy filings, significant court rulings, and legislative developments. [read more …] U.S. Bankruptcy Court Denies Chapter 15 Recognition of Maltese Liquidation Absent Evidence of Meaningful Activities Supporting Finding of COMI or Establishment in Malta In In re Geden Holdings, Ltd., No. 25-90138, 2025 WL 2484883 (Bankr. S.D. Tex. Aug. 28, 2025), stay pending appeal denied, No. 25-90138, 2026 WL 97993 (Bankr. S.D. Tex. Jan. 13, 2026), the U.S. Bankruptcy Court for the Southern District of Texas ruled that, for purposes of recognition under chapter 15 of the Bankruptcy Code, although a foreign debtor may have had its center of main interests ("COMI") or an establishment in Malta when a liquidation proceeding was commenced for it in a Maltese court in 2017, the absence of any meaningful activity by the debtor's liquidator from that time until the liquidator filed a chapter 15 petition in the United States more than five years later meant that the debtor had neither a COMI nor an establishment in Malta on the chapter 15 petition date. The court accordingly denied the petition for recognition. [read more …] The Ninth Circuit's Expansive Reading of "Financial Accommodations" that Cannot Be Assumed or Assigned in Bankruptcy It is generally well understood that agreements to extend credit or provide financing to a debtor cannot be assumed or assigned in bankruptcy. Even so, the provision of the Bankruptcy Code that precludes assumption or assignment—section 365(c)(2)—also extends to "financial accommodations," a term that is not defined in the Bankruptcy Code and has been the subject of relatively few bankruptcy and appellate court rulings. The U.S. Court of Appeals for the Ninth Circuit examined the meaning of the term in In re Svenhard's Swedish Bakery, 154 F.4th 1100 (9th Cir. 2025). The court of appeals ruled that a deeply discounted settlement of pension plan withdrawal liability is a "financial accommodation" that cannot be assumed or assigned, thereby extending the reach of section 365(c)(2) well beyond conventional lending arrangements. [read more …] Pennsylvania District Court Applies "Hypothetical Test" in Determining that Patent License Agreement Is Assignable in Bankruptcy In Crivella Holdings Ltd. v. Mesearch Media Technologies Ltd., No. 2:25-cv-333, 2025 WL 2443400 (W.D. Pa. Aug. 25, 2025), the U.S. District Court for the Western District of Pennsylvania affirmed a bankruptcy court ruling denying a software licensor's motion for relief from the automatic stay to terminate the license agreement. The court found the license was assumable in bankruptcy under the Third Circuit's hypothetical test as a result of language in the agreement stating that it could be assigned to a "successor in interest" of the debtor without the licensor's further consent, thereby overriding federal patent law's general prohibition against the assignment of patents. [read more …] New York Bankruptcy Court Denies Motion to Terminate Chapter 15 Recognition and Dismiss Chapter 15 Case In In re Oi S.A., No. 23-10193 (LGB), 2025 WL 2806591 (Bankr. S.D.N.Y. Oct. 1, 2025), the U.S. Bankruptcy Court for the Southern District of New York considered whether chapter 15 recognition of a debtor's Brazilian restructuring proceeding should be terminated and the case dismissed due to the debtors' financial deterioration and inability to satisfy its restructuring plan obligations after entry of the recognition order. The court denied the motion, concluding that recognition of the Brazilian proceeding and a court-approved restructuring plan for the debtors should not be terminated under section 1519(d) of the Bankruptcy Code—according to the court, the sole authority for revocation of chapter 15 recognition—because, among other things, the restructuring proceeding was still pending, the debtors might still need relief authorized under chapter 15, and the debtors' prospects for reorganizing under a hypothetical chapter 11 case were uncertain at best. It also found that no provision of the Bankruptcy Code authorizes the dismissal of a chapter 15 case. [read more …] Newsworthy Effective January 1, 2026, Jones Day welcomed Isel M. Perez (Miami), Andrew M. Butler (New York), Sid Pepels (Amsterdam), and Anna C. Bretting (Munich) to the partnership in the Business Restructuring & Reorganization Practice. Sid Pepels (Amsterdam) has been nominated for the Future Leader Award by the Global Restructuring Review, an organization that acknowledges and honors excellence within the global restructuring and insolvency sector. This award is designed to recognize exceptional contributions made by both individuals and firms in the field. The 2026 edition of Chambers UK recognized Ben Larkin (London) in the practice area Restructuring/Insolvency and Adam R. Brown (London) in the practice area Restructuring/Insolvency: Litigation. The 2026 edition of Chambers Asia-Pacific ranked Roger Dobson (Sydney) in the practice area Restructuring/Insolvency. An article written by Corinne Ball (New York) titled "Backstop Fees for Lenders in Chapter 11 Plans: Absent Market Test, Equality of Treatment Now Required in Fifth Circuit After 'ConvergeOne'" was published on November 12, 2025, in the New York Law Journal. An article written by Oliver S. Zeltner (Houston) titled "Delaware Bankruptcy Court: No Legal Authority for Chapter 11 Plan Gatekeeping Provision" was published on November 20, 2025, by Lexis Practical Guidance. An article written by Daniel J. Merrett (Atlanta) titled "First Impressions: Eleventh Circuit Rules that Annulment of Automatic Stay Does Not Violate U.S. Supreme Court's Prohibition of Nunc Pro Tunc Orders" was published on November 21, 2025, by Lexis Practical Guidance. An article written by Genna Ghaul (New York) titled "Iowa District Court: Avoidance Claims Cannot Be Encumbered by Pre-Bankruptcy Liens" was published on November 20, 2025, by Lexis Practical Guidance. An article written by Dan T. Moss (Washington/New York), Corinne Ball (New York), David S. Torborg (Washington), and Ben Rosenblum (New York) titled "New York Bankruptcy Court Rejects Challenge to Barnet Rule Permitting Foreign Debtors to Obtain Chapter 15 Recognition With Only Minimal U.S. Assets" was published on November 21, 2025, by Lexis Practical Guidance. The M&A Advisor has recognized the Silvergate Capital Corporation Bankruptcy case as the Chapter 11 Reorganization of the Year (over $5 billion) during its 20th Annual Turnaround Awards. Jones Day is listed among the professionals for the representation of Exploration Capital, which was led by Joshua M. Mester (Los Angeles). Lawyer Spotlight: Sid Pepels Sid Pepels, a partner in Jones Day's Amsterdam Office, litigates and advises clients on commercial and international insolvency matters, with a focus on complex restructurings and insolvencies. He has advised and litigated high-profile cases, including: the cross-border WHOA (Wet Homologatie Onderhands Akkoord) proceedings concerning Vroon Group and Diebold Nixdorf; proceedings on behalf of expropriated SNS Reaal bond holders against the Dutch State; the bankruptcy of Intertoys, the leading Dutch toys retailer; the restructuring of Oi, the Dutch finance vehicle of the Brazilian telecom giant; and Blokker, the leading Dutch home appliances retailer. Sid holds a Ph.D. in European insolvency law and regularly publishes in academic journals on topics of cross-border insolvency. He has been recognized in The Legal 500 Netherlands and was noted by his peers for being client-minded and a creative thinker with a "strong grasp of the law and strong interpersonal skills." Sid was also nominated for the "Future Leader" award at the Global Restructuring Review Awards 2025. He is a board member for the Netherlands Association for Comparative and International Insolvency Law and a NextGen member of the International Insolvency Institute.
Northwestern Medicine takes AI accelerator program to Europe
Northwestern Medicine has a new partnership with London-based accelerator Founders Factory, aimed at exposing European AI firms to the U.S. health market.
Public Health Agency of Canada visits ECDC for enhanced collaboration and to strengthen global health security
The European Centre for Disease Prevention and Control (ECDC) and its Director, Pamela Rendi-Wagner, welcomed the President of the Public Health Agency of Canada (PHAC), Nancy Hamzawi, to ECDC on Monday, 16 February 2026.
Europe's earnings gain pace while lofty valuations cap rewards
European company earnings growth is picking up this reporting season against a tentatively improving economic backdrop, but wary investors are demanding more than solid results to justify sky-high valuations.
Europeans reject U.S. claims after Rubio's address in Munich
A top European Union official has rejected the notion that Europe faces “civilizational erasure,” pushing back at criticism of the continent by the Trump administration. It came a day after U.S. Secretary of State Marco Rubio offered a somewhat reassuring message to European allies.
Rubio tries to reassure skeptical European allies but follows Trump's vision for a reshaped alliance
Rubio addressed the conference a year after Vice President JD Vance stunned the same audience with a harsh critique of European values.
Scientists discover a new state of matter in quantum material that was believed to be impossible
European scientists discover a new state of quantum matter in CeRu4Sn6 that challenges physics and changes our view of the universe.
Week in politics: Rubio's speech, DHS funding, Epstein hearing, Republicans block tariffs
Secretary of State Marco Rubio seeks to reassure European allies and a partial government shutdown hits the Department of Homeland Security.
Marco Rubio’s speech to European allies takes softer tone but sticks to Donald Trump’s firm stance
'I’m here today to make it clear that America is charting the path for a new century of prosperity.'
Partners discuss improving pooled procurement of emergency medical countermeasures
On 13 January 2026, the World Health Organization (WHO) and the European Commission’s Health Emergency Preparedness and Response Authority (DG HERA) brought together regional partners in Brussels for a workshop focused on pooled procurement of medical countermeasures – including diagnostics, treatments and vaccines – for health emergencies.
Fix energy prices to be competitive, business leaders tell EU
Top business leaders urged the European Union on Wednesday to act urgently to bring down energy prices, saying that was key for European industries to be able to compete with the United States and China.
France Digital Ad Spend Business Report 2026-2029: Google, Meta, and Amazon Dominate Spend, While Le Figaro, Le Monde, and Prisma Media Compete Through Local Content and Programmatic Alliances
In France, key digital ad market opportunities include the rise of retail media, driven by ecommerce integration, privacy-first targeting models adapting to European regulations, and the expansion of CTV and digital video. Growth is shaped by sustainability imperatives, programmatic maturation, and strategic partnerships. French Digital Ad Spend Market French Digital Ad Spend Market Dublin, Feb. 11, 2026 (GLOBE NEWSWIRE) -- The "France Digital Ad Spend Market Size & Forecast by Spend Value Acros
Celebrating Women in Science Day 2026 at CERN
Every year, on 11 February, CERN celebrates the International Day of Women and Girls in Science. In an effort to amplify diverse voices in STEM, six women scientists from CERN open up about their careers and the lessons they hope to pass on to the next generation. Francesca is an Italian biomedical engineer pursuing her PhD at CERN, working in the robotics team of the Beams Department. She’s currently working on the MARCHESE project, in affiliation with Campus Bio-Medico University of Rome, focusing on contactless monitoring of physiological parameters. Despite choosing a scientific career and often volunteering in scientific outreach initiatives, Francesca continues to nurture her passion for the humanities and arts. “I firmly believe that collaboration and inclusion are the right paths to improve the world together. I’m driven by a strong curiosity about everything around me.” Berare is a Turkish experimental physicist who worked with the ATLAS experiment during her MSc and PhD on searches for physics beyond the Standard Model. During her PhD, she became a Support Scientist for the Beamline for Schools (BL4S) competition, which marked the beginning of her journey combining research with science communication. She now works for both BL4S and ELISA, the mini proton accelerator at CERN’s Science Gateway. She fondly remembers the moment when the BL4S 2022 winners arrived at the experimental zone: “I felt incredibly lucky to share my passion with young, curious and really passionate people. We spent two weeks of beam time together watching their ideas turn into reality. All the intricate details of running an experiment, we accomplished them as a team.” Mia is a Canadian research fellow in the Accelerator Systems Department, working on beam developments for fundamental physics with radioactive molecules. Mia pursued a bachelor’s degree in mechanical engineering before moving to Vancouver for a master’s degree in engineering physics. Her interest in radioactive ion beam production brought her to CERN, where she studied actinide beams for three years as a PhD student in the Marie Curie European Training network “LISA” (Laser Ionisation and Spectroscopy of Actinides) at ISOLDE – a facility at CERN where scientists study the properties of atomic nuclei, with further applications in fundamental studies, astrophysics, and material and life sciences. Laura is a German mechanical engineer at CERN working on research and development to produce cavities for future accelerators. She studied mechanical and aerospace engineering at the Technical University of Munich. She joined CERN four years ago as a technical student for her master’s thesis and continued as a fellow working on collimators. Laura says that “as a child, I took part in girls’ day initiatives, which sparked my fascination for astrophysics and engineering. Later, it felt natural for me to give something back by organising workshops for young students to make STEM seem less intimidating and more accessible.” She particularly enjoys being close to the CERN Main Workshop and understanding how design ideas become real components. Paraskevi is a Greek physicist working at CERN’s HiRadMat (High-Radiation to Materials) facility, designed to deliver high-intensity beams to an irradiation area where material samples, as well as accelerator component assemblies, can be tested. She studied physics at NKUA, specialising in nuclear and particle physics, and is now pursuing her PhD at HiRadMat in collaboration with the University of Liverpool, studying novel materials for high-intensity beam diagnostics. “Continuous learning is one of my biggest motivators, and I am looking forward to exploring the limits of our knowledge on beam-material interactions,” says Paraskevi. Silvia is a Spanish physicist and deputy project manager for the Muon Drift Tube of the CMS detector, a general-purpose detector at the Large Hadron Collider (LHC). She started her career at CERN more than 20 years ago as a technical student, working on prototypes of the first dipoles for the LHC. “My first motivation came in high school, from my teacher,” says Silvia about what made her pursue a career in STEM. “My favourite part about my job is learning. You can learn something new every day.” In parallel to this initiative, like every year since 2017, from 2 to 6 February 66 women scientists and engineers visited schools in Geneva, Switzerland, and in the Haute-Savoie and Ain regions of France to meet with students. Organised in collaboration with CERN, the University of Geneva, EPFL, LAPP and LAPTh, this event allowed more than 4200 students between 6 and 17 years old to meet a woman scientist, discuss their profession and career path, ask questions and participate in classroom activities.
UK Carbon Slumps as Political Turmoil Widens Gap to EU Benchmark
UK carbon futures tumbled, driving the gap with the European Union benchmark to its widest in months as political uncertainty and currency weakness weighed on the market.
U.S. Hands Over Some NATO Commands to European Allies
The move shows that European countries are taking more responsibility for conventional war planning, a change that President Trump has long pushed for.
Dueling AIs Reconstruct Rules of Mysterious Roman-Era Board Game
Seems like Europeans were playing blocking games centuries earlier than previously thought.
Making science more visible
As he enters a laboratory with saltwater pools full of fish, Luka Žuvić explains how climate change is affecting the feeding ecology and reproductive biology of Atlantic bluefin tuna, and how the species is adapting.It is a topic that may seem remote to many people. But in a country where fishing and aquaculture are important to the economy and national identity, Žuvić’s research is at the intersection of science and society. “In Croatia, marine and environmental science are closely connected to people’s lives because fisheries, aquaculture, tourism and coastal development are a big part of our lives,” explains Žuvić, a doctoral student working at the Croatian Institute of Oceanography and Fisheries in the Adriatic coastal city of Split. He also serves as one of Croatia’s ambassadors to Science Comes to Town (SCTT), a European Commission-funded project that aims to make scientific research more accessible, while inspiring young people to study the sciences. The project kicked off in Spilt on 20 January with a conference attended by partner institutions, community representatives, policymakers and scientists. Along with Split, Brest (in France) and Kiel (in Germany) will host a year of activities connecting scientists with the public.Žuvić, 31, is part of the Young Researchers' Career Development Project, a doctoral programme funded by the Croatian Science Foundation. His research on Atlantic bluefin tuna builds on a foundation-backed project focusing on the reproductive potential of farmed tuna, including their sexual maturation and spontaneous spawning in captivity, which has implications for the restoration of the Adriatic Sea's natural tuna populations. He also studies the tuna's feeding ecology through stomach-content analysis, using DNA metabarcoding and morphological approaches, and employs geometric morphometrics to improve the identification of juvenile tuna and related species. The research aims to enhance understanding of the tuna farming ecology, improve fish farm management and contribute to sustainable aquaculture and fisheries research.Engaging with local communitiesConnecting with the community is crucial for Žuvić’s research. Conversations with fishermen help him better understand the bluefin tuna's habits and how marine pollution affects the fish. “They are also curious about the biology and ecology of bluefin tuna,” he says of local fishermen, adding that sharing research with non-scientists benefits everyone. “Sometimes scientific research is invisible,” he explains. “That's why we as researchers need to go out from our institutions and labs to the public so that we can show them what we are working on. This helps create more trust in the scientists and their research.”Engaging the public also raises awareness about the anthropogenic changes to the marine environment resulting from human activities and pollution. Žuvić helps remove plastic and other rubbish from the Adriatic Sea that pose a direct threat to marine species. Predators, such as bluefin tuna, are especially vulnerable to ingesting waste churned up by fishing trawlers. “They are very opportunistic fish that follow trawlers and ingest everything,” he notes. To illustrate the impact, he has shown students the contents of bluefin tuna stomachs. “Finding a plastic bottle cap in the stomach of a bluefin tuna is concerning,” he says. "Science can be a powerful way to turn curiosity into practical solutions,” Žuvić adds, and sharing research outcomes “helps increase public awareness and improve understanding of human impacts on the marine environment.”The research also has implications for Croatia's economy. The Atlantic bluefin tuna’s rich, flavourful meat is highly valued for sushi and other raw fish dishes. However, overfishing nearly brought its population to collapse by the early 2000s. Although the species has made a comeback in the Atlantic and Mediterranean regions, catches continue to be managed through agreements with the International Commission for the Conservation of Atlantic Tunas. Croatia was a pioneer in developing commercial aquaculture as an alternative to open-sea fishing and accounts for about 10% of the EU’s farmed production of the bluefin tuna, with Japan being a key export market.A history of European collaborationCroatia has participated in Europe’s framework programmes for research and innovation since 2007, six years before officially joining the EU. Žuvić believes that EU funding and collaboration with other European researchers is vital for Croatian science. As part of the SCTT opening conference, the Institute of Oceanography and Fisheries, the University of Split and other local institutions were part of a science fair to showcase research on topics, such as robotics and an EU LIFE project on the protection of sharks and rays in the Mediterranean. “I hope that Science Comes to Town will help increase scientific literacy and curiosity among citizens, particularly students, and show that science is not something that is distant or abstract, but something that directly affects everyday life,” Žuvić concludes. “Ultimately, I hope that projects like it contribute to building a society that values knowledge and critical thinking, and that we can think about long-term sustainability using knowledge from science.”Science|Business, which connects policymakers, academics and industry through its news reporting, analysis and events, is an SCTT partner.
Record-Breaking One-Off Bugatti Brouillard Could Become the Most Expensive Bugatti Ever
A one-off aimed at a historic record Bugatti’s latest one-off, the Brouillard, steps onto the hypercar stage with the quiet confidence of a record-breaker. The brand’s tradition of bespoke excellence meets a bold new aesthetic, positioning this unique commission to potentially become the marque’s most expensive creation. Built on the proven underpinnings of the Chiron/Mistral architecture, yet transformed by distinctive craft, the Brouillard is both homage and innovation. A name born from equestrian legend More than a century ago, a striking white horse captivated Ettore Bugatti in Molsheim. That equine myth now informs the car’s name and its sensory identity. The result is an automotive portrait of athletic grace—surfaces that read like muscle, curves that suggest motion, and details that quietly speak of discipline and heritage. Embroidered horse motifs on door panels and seat backs echo the story, while a miniature glass sculpture of the steed crowns the shifter. Sculptural design with purpose The Brouillard’s silhouette favors sinuous surfaces over hard creases, allowing light to glide over its form like a tendon under skin. Aerodynamics inform elegance: an integrated ducktail replaces a deployable wing, cleansing the airflow and boosting stability at speed. Its stance is athletic, its volumes taut, and its visual language unmistakably Bugatti. “Sculptural, organic forms—like a tendon beneath the skin—hide immense power behind noble simplicity,” said design chief Frank Heyl, capturing the car’s philosophy in a single stroke. Craft elevated to an art The cabin embraces craftsmanship at an uncommon level. Custom-woven textiles from Paris introduce a discreet tartan pattern, while green-tinted carbon fiber nods to the exterior’s hue. A glazed roof creates a cathedral atmosphere, bathing the cockpit in natural light. A central spine appears to flow from exterior to interior, emphasizing continuity and structure. Highlights include: Custom textiles with subtle tartan motifs Green-tinted carbon fiber matched to the exterior finish A “cathedral” glass roof that elevates cabin ambience A sculptural centerline linking outside to inside Bespoke embroidery and glass equine detail W16 power at its absolute apex Under the sculpted skin, the final evolution of Bugatti’s 8.0‑liter, quad‑turbo W16 delivers a thunderous 1,600 hp at 7,050 rpm and 1,600 Nm of torque. This represents the pinnacle of nearly two decades of Bugatti engineering, honed to an ultimate state. The lightweight monocoque blends carbon fiber with aluminum, holding mass to around 1,900 kg for poise and control. Experts suggest the Brouillard could surpass the 282 mph (454 km/h) achieved by the Mistral, aided by more aerodynamic bodywork and the fixed ducktail. Whether or not it sets a new benchmark, its intent is clear: relentless speed paired with refinement. Exclusivity with an exacting timeline The commissioning process is intensive, with roughly 18 months of development leading to a 2027 delivery. Bugatti’s program limits itself to no more than two creations per year, ensuring focus and rarity. Each example leaves the atelier as a singular vision, shaped to the client’s collection and the brand’s ethos. An unveiling is planned for Monterey Car Week 2025, placing the Brouillard amid the world’s most discerning enthusiasts. Its patron is a European collector deeply invested in the Bugatti universe, from historic and modern cars to Carlo Bugatti furniture and Rembrandt Bugatti bronzes. A valuation poised to make history While Bugatti has not disclosed an official price, informed estimates place the Brouillard between €10 million and €30 million. Context matters: a series Mistral begins near €5 million, while the Brouillard adds profound personalization, sculptural changes, and a pace of production that keeps scarcity front and center. In an arena where uniqueness drives value, the path to a brand record is unmistakably open. What it signals for the marque The Brouillard crystallizes Bugatti’s dual identity: traditional savoir‑faire intertwined with boundary-pushing performance. It exhibits a narrative soul—the white horse of Molsheim—woven into modern materials and world-class aerodynamics. As a rolling statement, it reaffirms that the Bugatti idea is larger than speed alone; it is about story, craft, and the courage to pursue an ideal to its logical limit.
The biggest threat facing Europe is not a Trump invasion. It’s his global political revolution
I am convinced that Europe’s ‘new right’ is a radically contemporary movement. Defeating it means understanding its critique of liberalism, says Mark Leonard of the European Council on Foreign Relations
EU extends suspension of retaliatory tariff
The Kentucky Distillers’ Association said in a new report that bourbon is now a $10.6 billion industry but is facing “mounting headwinds.”
EU extends suspension of retaliatory tariff
The Kentucky Distillers’ Association said in a new report that bourbon is now a $10.6 billion industry but is facing “mounting headwinds.”
EU extends suspension of retaliatory tariff
The Kentucky Distillers’ Association said in a new report that bourbon is now a $10.6 billion industry but is facing “mounting headwinds.”
Epstein files shed more light on Steve Bannon’s efforts to influence European politics
Donald Trump’s former adviser told Epstein in 2019 that he was ‘focused on raising money for Le Pen and Salvini’ before European elections
The elusive Czech at the centre of European business
Daniel Kretinsky still believes in the old continent—but fears its lack of pragmatism
International science cooperation must go on, say research leaders
Science leaders in Europe and Canada say international cooperation must go on amid geopolitical turmoil. At the same time, Europe and like-minded countries should continue to enhance and diversify international partnerships, a Science|Business conference hears. Hugh Brady, president of Imperial College London, told delegates that Europe’s response to the current geopolitical climate should be to “diversify in terms of research partnerships and build resilience and scale into our own system.”A first priority should be for the EU to sort out the scope of the upcoming European Competitiveness Fund and ensure that, together with the next iteration of Horizon Europe, it can drive the development and scale up of new technologies. The EU and the countries associated to the Horizon Europe programme represent “the world's most successful research innovation ecosystem,” Brady said. In order to mitigate the negative effects of shifting geopolitics, the EU together with the UK, Switzerland, Canada, South Korea and others should talk about “building resilience” and address their own “regional needs,” he added. Responding to TrumpUnder Donald Trump’s leadership, the US government has slashed science budgets and shut down international research programmes. Nearly 8,000 grants at the National Institutes of Health and the National Science Foundation have been frozen or terminated. Courts have overturned most of these cancellations, but the disruption caused remains significant. While Europe may persuade a few thousand disgruntled scientists to move across the ocean to work on topics that have been de-funded in the US, it’s unclear what should happen next with transatlantic scientific cooperation more broadly.“Now is the time for us to show [US researchers] our support as much as we can,” Brady said.The European Research Council (ERC), the EU’s basic science funder, has seen a surge in applicants from the US. According its latest data, US-based researchers submitted 347 proposals to the last three big funding rounds, up from 158 in the previous set of calls. The European Commission has also launched a €22.5 million pilot call in 2025 for the Marie Skłodowska Curie Actions, the EU’s researcher training scheme. It plans to extend this support with a €51.25 million call in 2027 as part of the Choose Europe initiative, which is intended to make the continent a more attractive place to pursue a career in research. Related articlesData corner: US researchers are choosing EuropeEU-India deal highlights growing alignment on technology policyMeanwhile, in the private non-profit sector, the Volkswagen Foundation is experimenting with a new type of grant that would allow US researchers to split their time between the US and Germany. While these schemes are useful, Europe should not bet on an exodus of scientists from the US. “The idea that we might all see them flocking over to Europe is naïve and counterproductive,” said Maria Leptin, president of the ERC, also speaking at the Science|Business conference on February 5. “We need research in the US to be as healthy as possible. I really admire those who are staying there with a will to fight and an optimism that the world will turn into a better place again,” Leptin said. Preserving dataDespite political disruption, academics have found ways to continue cooperating and sharing research data. Leslie Weir, president of the International Federation of Library Associations and Institutions and Canada’s national librarian, said the US cuts have raised concerns about research data security, after ideologically sensitive databases were limited or deleted by the Trump administration. But international organisations teamed up to ensure that the data is not lost. “It's interesting to see that researchers and libraries across North America are collaborating to make sure that data at risk is duplicated elsewhere outside [the US],” Weir said.
New Politics Project – European Council on Foreign Relations
European politics is undergoing a long-term process of transformation. The mostly stable, big-tent party systems of past decades have given way to more fragment
Euro zone banks tightening access to business credit, ECB survey shows
Euro zone banks tightened access to corporate credit last quarter and expect to see further tightening ahead due to widespread economic uncertainty, partly related to trade policies, the European Central Bank's quarterly Bank Lending Survey showed on Tuesday.
Orsted sells European onshore business to CIP for $1.7 billion
Danish wind farm operator Orsted said on Tuesday it has agreed to sell its European onshore business to Copenhagen Infrastructure Partners (CIP) for 1.44 billion euros ($1.70 billion).
What time does the transfer window close?
The 2026 winter transfer window will close on Monday February 2 for the top European leagues
The Latest Way to Create an Isolated Retreat: Buy a Whole Village
Wealthy buyers and tourism entrepreneurs are acquiring abandoned European villages — school, church and bar included.
Testing the system: regional simulation exercises advance global health security
These exercises – South-East Asia Regional Practice of All-Hazard IHR Event Communications (SAPHIRE), Joint Assessment and Detection of Events (JADE) in the European Region, and IHR Exercise Crystal in the Western Pacific Region – bring together National Focal points (NFPs), who play a critical role under the IHR in safeguarding global health security. These annual exercises stress-test IHR event communication procedures and contingency plans, demonstrating a sustained commitment by countries to strengthening preparedness and learning.
The Observatory and WHO Ukraine reflect on productive partnership and continued collaboration
Why have some health systems coped better than others during the COVID-19 pandemic? Some answers might become clear if we could assess how resilient health systems are in response to crises or shocks, such as the current pandemic and other emergencies, including financial ones, or how well health systems were prepared for such events in the first place. The European Observatory on Health Systems and Policies has just published a new policy brief, “Strengthening health systems resilience”, which includes a framework to help policy-makers understand health system resilience and how to strengthen it. This policy brief highlights the key features of resilience and provides examples of strategies which have been applied in different countries.
Artist View Entertainment Inks Deal To Sell AI Film ‘The Great Reset’ At EFM
'The Great Reset,' an AI-generated film about a tech apocalypse, is heading to the European Film Market.
From war damage to heart repair: ERC grantees supported to turn their science into practice
The European Research Council (ERC) has published the outcomes of the last 2025 round of its Proof of Concept Grants. In this round, 136 grantees will each receive €150 000, supporting them in exploring how their scientific results can move towards practical application or early commercial use. With these awards, the total number of Proof of Concept Grants under the ERC 2025 Work Programme reached 300, representing an overall budget of €45 million. The scheme is funded under Horizon Europe, the EU’s framework programme for research and innovation.
European investment firm Gimv calls it quits on new life science financing
European investment firm Gimv will no longer put funds into the li | European investment firm Gimv will no longer put funds into the life sciences sector, choosing instead to focus on its long-term investments and finding new value in four other key areas.
European Business Leader Optimism Dips
The second edition of Boston Consulting Group'sEuropean Competitiveness Barometer, released today, signals widespread concern across the private sector, with 93% of executives warning of potential dire consequences for Europe's competitiveness, innovation, and job retention.
Samsung Galaxy S26 without 128GB model: EU retailer leaks all 30 colors and storage options in Europe
Thanks to several sources, we already know which colors to expect in February for the Galaxy S26 Ultra, but now a European retailer has just revealed all configurations and color options for the Galaxy S26, Galaxy S26+ and Galaxy S26 Ultra. In addition, there are initial indications of the Enterprise Editions and all model numbers in the EU.
Outrage at European science center as director fired after study on glyphosate
A leading European chemical safety institute has fired the director of its cancer research center after the director launched an extensive testing program into the safety of the pesticide glyphosate, sparking concerns about chemical industry influence into what has been an independent research institution.
Davos 2026: Who said what at world's top annual summit
The yearly gathering in the Swiss Alps resort town has been dominated by escalating tensions between the US and its European allies, with leaders warning of a crumbling world order, rising unilateralism and AI's threat to the world's workforce.
Why forecasting snowstorms isn’t an exact science.
CNN’s Harry Enten breaks down the key differences between US and European snowstorm forecasting models.
European corporate outlook dims slightly, still marred by global uncertainty
The outlook for European corporate health has slightly deteriorated, the latest forecasts showed on Thursday, as U.S. tariff respite is overshadowed by geopolitical tensions which are straining traditional Western alliances.
Europe’s Leaders Scramble to Find a Path Forward With Trump
Top officials from across the European Union will meet in Brussels on Thursday to discuss Greenland and, more broadly, their dire relationship with America.
Europe must consider retaliating against Trump's tariff ‘blackmail,’ business leaders tell CNBC
European business groups have called for the EU to consider countermeasures in response to U.S. tariff threats.
“We Are Kidnapped by the Films”: Joachim Trier, Oliver Laxe, Mascha Schilinski and Jafar Panahi on Intuition, Trauma and the Politics of Cinema
The directors behind four of the year’s most acclaimed films confront politics, violence and the limits of neutrality at the European Cinema Roundtable: “European Cinema on the Edge,” a collaboration between The Hollywood Reporter, German broadcaster DW and the European Film Academy.
'I won't use force' and other key quotes from Trump's Davos speech
President Trump criticized European countries, demanded to acquire Greenland and said he wants to help California combat crime.
Greenland Advises Residents to Have 5 Days of Supplies
The semiautonomous Danish territory issued its guidance as President Trump told European leaders that he wouldn’t send troops to seize it. Greenland said it was responding to power cuts, not geopolitics.
Trump’s Davos speech shows influence of deputy chief of staff Stephen Miller’s white identity politics
US president’s tirade against Somali Americans and insults to European leaders were of a piece with Miller’s worldview
'All a bit meh' - Hibs season threatening to fizzle out
Sitting fifth in the league with little prospect of catching the top three and out of the Scottish Cup after a dismal display in Dunfermline, this season is threatening to fizzle out for Hibernian. Roll back to the start of term and hopes were high as David Gray's side followed up a third-place finish with three thrilling European tussles, going toe-to-toe with Midtjylland, Partizan Belgrade and Legia Warsaw. Summer recruits Jamie McGrath and Josh Mulligan have brought energy to the midfield, Dan Barlaser offers composure and Miguel Chaiwa has shown glimpses of bustling promise.
'Business as usual impossible': EU freezes trade deal with US; comes after Trump's Davos speech - The Times of India
International Business News: The US-EU trade deal is \"on hold until further notice\", as announced by the chair of the European parliament’s trade committee Bernd Lange.\"Now offici.
Treasury Secretary Bessent says Denmark and its investment in the US are ‘irrelevant’
Treasury Secretary Scott Bessent on Wednesday offered some biting words about Denmark, which maintains territorial control over Greenland, after the European country’s pension fund announced it would unwind its investment in US government bonds.
EU's trade 'bazooka' risks US services over Trump's Greenland tariffs
The European Union could roll out a never-before-used tool known as a trade "bazooka" should Trump move forward with his proposed tariffs.
Live updates: Trump is en route to Davos, where his Greenland threats top agenda
US President Donald Trump will speak at the World Economic Forum in Davos, Switzerland as tensions rise with European leaders over his push to acquire Greenland. Follow for live updates.
Greenlanders 'bewildered' by Trump’s 'devastating' takeover threats, business minister tells CNBC
Greenland has been thrust into the geopolitical spotlight by U.S. President Donald Trump's takeover threats, and European nations' response.
Trump Warns There's 'No Going Back' on Greenland
The President also risked further alienating European allies by lashing out at the United Kingdom.
Ditch Nato and dump Trump: Zack Polanski’s foreign policy
Pippa Crerar and Kiran Stacey talk to the Green party leader Zack Polanski on Donald Trump, Greenland and rejoining the European Union
Can Starmer continue to walk the Trump tightrope?
PM condemns US tariff threat but is less confrontational than some European allies
EU mulling 'trade bazooka' as Trump's Greenland threats continue
The European Union has put its 'trade bazooka' on the table in the wake of President Donald Trump's continued threats to size Greenland.
Trump has tariffs. Europe has a ‘trade bazooka.’ This Greenland standoff could get ugly, fast
President Donald Trump threatened Saturday to impose new 10% tariffs on imports from several European countries. It could unravel months of progress made during trade negotiations settled after Trump’s trade war last year.
In their words: European governments criticize Trump’s tariff threats over Greenland
Eurpopean allies are calling American tariffs 'extortion.'
Video: Trump Threatens New Tariffs To Force Sale of Greenland
On Saturday morning, President Trump announced in a social media post his latest strategy to seize control of Greenland: He is slapping new tariffs on a group of European nations until they come to the negotiating table to sell Greenland.
Trump uses tariffs to pressure Denmark, EU nations on Greenland deal
President Donald Trump threatens tariffs on Denmark and other European nations over Greenland annexation, citing national security concerns.
Trump announces tariffs on European countries opposing Greenland takeover
The move escalates tensions between the U.S. and longtime allies that have been sending Trump a message that the territory of Denmark is not for sale.
Dolls, pencils, backyard chickens and ‘a piece of broccoli’: The Trump team’s awkward austerity talk
Amid the European debt crisis in the early 2010s, a Fox News pundit named Donald Trump warned about a backlash against leaders asking people to tighten their belts.
UK says NATO talks on deterring Russia in the Arctic 'business as usual'
Britain said on Sunday discussions with other NATO members on deterring Russian activity in the Arctic were "business as usual", after media reports the UK was in talks with its European allies about deploying a military force to Greenland.
Eilish McColgan reclaims women's 10km European record in Valencia
Briton Eilish McColgan reclaims her women's European 10km record by winning in Valencia in a time of 30 minutes seven seconds.
China offers full-time job to top European immunologist Andrew Macpherson
Distinguished professor leaves Switzerland to take up role in China, attracted by its reputation for cutting-edge biomedical research.
Can anyone stop Trump from seizing Greenland?
Europeans and Greenlanders are strongly opposed to an American land grab. But their options to stop it are limited.
Mandelson accuses European leaders of ‘histrionic’ reaction to Trump’s Greenland stance
Article by former British ambassador to US is likely to be seen as criticism of Keir Starmer
KKR to invest $1.5bn into European data centre business
US private capital group’s investment into Global Technical Realty comes alongside $400mn from Oak Hill Capital
Health Care Providers Are Dropping a Common Anesthesia Drug That’s Also a Climate Super Pollutant
Limiting use of desflurane helps hospitals reduce their greenhouse gas emissions; the European Union now prohibits its use during most procedures.
Matchday Musings: Sunderland’s Gritty Point at Spurs
I for one will continue to embrace self-congratulation. Sitting on 30 points, on the cusp of the European spots with just shy of half the season remaining, is nothing short of remarkable.
'Out of the ring, he was fighting another fight'
How former European champion James Cook changed lives through his tireless work at one of London's oldest youth clubs.
James Cook: How former European champion changed lives
How former European champion James Cook changed lives through his tireless work at one of London's oldest youth clubs.
Champions League Power Rankings: New Year's resolutions
The Champions League will be back in 2026 but the European leagues are still running
Nigel Farage is Britain’s most European politician
If there is a European dream, the Reform UK leader has lived it
Kosovo heads to polls hoping to break political deadlock
Europe’s youngest country is headed for yet another election, casting its European path further in doubt.
RFK Jr. says the U.S. should look to Europe on vaccines. That could mean Americans get fewer.
Public health experts say Europeans can afford to vaccinate less because they have universal access to health care.
Two British anti-hate speech campaigners sanctioned by US state department
Imran Ahmed and Clare Melford among five Europeans hit with visa bans over claims they wish to ‘suppress American viewpoints they oppose’
State Department imposes sanctions on former EU official, disinformation group leaders for ‘censorship’
The US State Department on Tuesday imposed visa sanctions on a former top European Union official and employees of organizations that combat disinformation for alleged censorship – sharply ratcheting up the Trump administration’s fight against European regulations that have impacted digital platforms, far-right politicians and Trump allies, including Elon Musk.
Editorial: Greece, Israel and the Politics of Alignment
The shift is unmistakable. A country that once kept Israel at arm’s length now stands closer to it than almost any European nation.
Quitting a job to go on a European road trip helped her rethink her career
Nurya Doorenbos took a five-month European road trip to figure out what she truly wanted to do for work.
Sky Sports extends PGA Tour partnership to 2029 in four-year golf broadcast rights deal in UK and Ireland
Sky Sports to remain the exclusive home of the PGA Tour in the UK and Ireland, with rights deal extension until the end of 2029 following on from recent extended agreements with the Ladies European Tour, DP World Tour, USGA and Augusta National
German business welcomes pending return of UK to Erasmus Programme
German business has welcomed the United Kingdom's re-entry into the European Union's Erasmus youth education programme from 2027 and hopes that it will lead to an easing of visa requirements. Ulrich Hoppe, head of the German-British Chamber of Commerce (AHK) described the decision as "a very significant step" in remarks made to dpa days after Brussels and London agreed on the step.
Activist Ananym Capital urges LKQ to sell its European auto parts business
Divesting its European business means LKQ will be able to focus all its attention on its higher margin North American operations.
How soaring healthcare costs are changing where millionaires move to
Henley & Partners say data shows wealthy families shifting plans as private healthcare costs surge worldwide and cheaper European options gain appeal.
China offers ‘wonderful opportunity’ for scientists: top European neurologist
Consciousness expert Steven Laureys has taken on a role at Hangzhou Normal University amid ‘challenging times’ for science in the US.
The World’s Most Valuable Women’s Sports Teams 2025
See Forbes' 2025 list of the world's most valuable women's sports teams, featuring 25 clubs from the WNBA, the NWSL and European soccer worth a combined $5.6 billion.
Commission proposes new measures to improve health and the healthcare sector
European Commission proposes new measures to create an innovative and resilient health sector that delivers for patients across the EU. Find out more.
Trump’s plan to bolster Europe’s nationalists is already underway
The U.S. administration vowed in its recent National Security Strategy to boost “patriotic European parties” to the detriment of the EU.
Farmers and politics threaten to put EU's free-trade deal with South America on ice
France is creating a last-minute hurdle for a major trade deal between the European Union and the Mercosur bloc.
Farmers and politics threaten to put EU's free-trade deal with South America on ice
France is creating a last-minute hurdle for a major trade deal between the European Union and the Mercosur bloc
Science in a French City, Which I Shall Not Name
It has a beautiful historic center with typical old European streets and an impressive number of museums. It is a delightful area of narrow cobbled streets, small charming squares, and beautiful old buildings. It is a very old city—more than 2,000 years old. It is a green city with many parks. There are 14 churches and cathedrals in this city, although over the years it has become less Christian and more Muslim. [Alex Gordon]
Trump Has Stomped Out the Holiday Spirit in European Embassies
At a series of Christmas parties this week, diplomats were still struggling to come to grips with the uncertain future of the transatlantic relationship.
Ukraine presents response to US peace plan as Trump says European leaders want a meeting
Ukraine delivered its response to the latest US-drafted peace proposal aimed at ending the war with Russia to the Trump administration on Wednesday, US and Ukrainian officials told CNN, as the contours of a tenuous potential deal take shape and the US president continues to make clear he wants the conflict resolved quickly.
'European adventure a retreat from domestic doubts'
There's been something agricultural about Tottenham in recent weeks. Against Brentford we showed some enterprise and then against a tricky customer in the Champions League on Tuesday, we saw Spurs bring out all the party tricks and flicks, with a little bit of help from our Slavic friends. This wasn't Tottenham fixed, or Tottenham unchained, but it was a Tottenham we can all get behind.
Investment Firm APEX Is Raising $350 Million To Target European Sports Assets
Large private equity funds have mostly scorned the continent’s smaller teams and leagues, but CEO António Caçorino thinks he can generate outsize returns with deals from $15 million to $50 million.
EU won't have Donald Trump meddling in European affairs
The US "course correction" for Europe alarms experts. EU politicians stand by the transatlantic partnership despite many accusations, but emphasize the bloc's sovereignty. Reactions from Brussels.
More clubs face European expulsion after Uefa ruling
More teams could be thrown out of European competitions after Uefa said it would continue its hard-line position on multi-club ownership.