Green Delay | The EU had set an ambitious plan to reverse the destruction of millions of hectares of forests every year, but the timetable proved too aggressive for much of the world, which wasn't ready to sign onto the bloc's targets. That's why the European Commission caved yesterday to pressure from countries including Brazil and the US to slow down. After Brexit | Keir Starmer promised to "stand firm" during what are likely to be tough talks to forge closer ties with the EU, as he and Commission President Ursula von der Leyen announced the first-ever UK-EU bilateral summit next year. Starmer ruled out returning to the customs union or the single market, but said he'd find "constructive ways to work together." Stalled Talks | Olaf Scholz made a fresh appeal for a swift conclusion to talks on a major trade agreement between the EU and four South American economies that France opposes. The German chancellor met Macron yesterday, but the French leader later said the proposed deal would put EU companies and farmers at a disadvantage. Missile Sleuths | Just over a year ago, a six-year-old Ukrainian girl was killed near a town square in the northern city of Chernihiv by a missile fired by Russian forces. A Ukrainian investigator examined the module from the Iskander's SN-99 missile's navigation system and found it contained components made by four Western companies. Read more about Bloomberg's forensic look into Russia's missile technology. Seeing Value | A growing number of German experts are voicing support for a possible outside acquisition of Commerzbank, potentially increasing pressure on the government to soften its stance over a recent approach from UniCredit. The head of the Italian lender has said his pursuit of Commerzbank is a test case for the EU's banking-union ambitions. |
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