
Euro 2028 among events to benefit as UK govt pledges $1.2 billion investment in sport
More than 500 million pounds would be used to support the delivery of world-class events, including next year's European athletics championships and the start of the men's and women's races of the Tour de France in 2027.
'This major backing for world-class events will drive economic growth across the country, delivering on our Plan for Change,' Culture Secretary Lisa Nandy said in a statement on Thursday.
Affirming a commitment made by Nandy's predecessor Lucy Frazer in 2023, the government will also invest at least 400 million pounds in communities around the country to build new or upgrade existing grassroots sports facilities.
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The Star
an hour ago
- The Star
Zelenskiy vows to protect Ukraine's anti-corruption agencies, bows to protests
Ukrainians protest in the first wartime rally against a newly passed law, which curbs independence of anti-corruption institutions, amid Russia's attack on Ukraine, in Kharkiv, Ukraine July 23, 2025. REUTERS/Sofiia Gatilova KYIV (Reuters) -Ukraine's President Volodymyr Zelenskiy vowed on Wednesday to retain the independence of anti-corruption agencies, bowing to pressure from the first wartime street protests and rare rebukes from European allies. For a second day in a row, thousands of people across the country - from Kharkiv in the northeast to the capital Kyiv to Lviv in the west - took to the streets demanding reversal of the law curbing the independence of anti-graft agencies. In his evening address to the nation on Wednesday, Zelenskiy said he would submit a new bill to ensure the rule of law and retain the independence of the anti-corruption agencies. "Of course, everyone has heard what people are saying these days... on social media, to each other, on the streets. It's not falling on deaf ears," Zelenskiy said. Thousands of people turned up for a second day of protests in central Kyiv, close to Zelenskiy's office. In the first such demonstrations of the war, the youth, activists, and war veterans chanted 'Shame' and 'Veto the Law'. "It's like a knife in the back, to be honest," Maryna Mykhalchuk, 26, who has friends killed in the war and plans to join the army soon, told Reuters. Opposition lawmakers and European officials also called for reversal of the law, which Zelenskiy signed overnight. The law gives the Prosecutor General appointed by Zelenskiy more power over two investigative anti-corruption agencies. It was rushed through parliament on Tuesday, a day after the security services arrested two anti-corruption officials for suspected Russian ties. In a joint statement, both agencies - the anti-corruption bureau NABU and the specialised prosecutors SAPO - said they wanted their independence restored through legislation. Parliament is expected to hold an emergency session next week to consider the new draft bill from Zelenskiy's office, several lawmakers said. STRONGEST CRITICISM SINCE THE WAR BEGAN The law prompted some of Ukraine's European allies to deliver their strongest criticism of Zelenskiy's government since Russia's invasion in February 2022. European Commission President Ursula von der Leyen expressed her strong concern to Zelenskiy and asked for an explanation, said the spokesman. The law's critics say the government appears to be trying to rein in anti-corruption agencies to protect officials. After decades of endemic corruption in Ukraine, cleaning up its government has been held up as the key condition for the country to join the EU, tap billions of dollars in foreign aid, and integrate more broadly with the West. The issue risks antagonising Kyiv's most loyal allies at a time when it is trying to smooth over the relationship with the administration of U.S. President Donald Trump, who has frequently criticised Zelenskiy. "Ukraine's anti-corruption institutions are vital to its reform path. Restricting them would be a significant setback," Dutch Foreign Minister Caspar Veldkamp said in a post on X. Benjamin Haddad, France's European Affairs minister, said it was not too late to reverse the decision. Ukrainian political analysts said the legislation risked undermining society's trust in Zelenskiy during a critical stage of the war against Russia. Fierce fighting rages along more than 1,000 kilometres (621 miles) of the frontline. Russian troops continue their grinding advance in the east and have stepped up near daily attacks on Ukrainian cities with hundreds of drones. Hundreds of protesters, some clad in military uniforms, in the city of Zaporizhzhia, close to the frontline in the southeast, demanded overturning the law with chants of "Ukraine is not Russia." Similar rallies took place in other major cities across the country. The public's European aspirations are vital to sustaining the war effort, said Valerii Pekar, a Kyiv-based analyst: "Only democracy and the European choice give us a chance to win," he posted on Facebook. (Additional reporting by Anastasiia Malenko; Editing by David Gregorio)


The Star
2 hours ago
- The Star
US, EU trade talks boosted by Trump's agreement with Japan
FILE PHOTO: Stacked containers and cranes are shown at the Port of Los Angeles in Los Angeles, California, U.S., November 22, 2021. REUTERS/Mike Blake/File Photo BRUSSELS/WASHINGTON (Reuters) -The European Union and the U.S. are heading for a potential trade deal that includes a 15% U.S. baseline tariff on EU goods and possible exemptions, two European diplomats said on Wednesday, potentially moving President Donald Trump closer to securing another major trade agreement hours after he unveiled one with Japan. European negotiators were hoping to reach an agreement to dodge the 30% tariff rate Trump has said he would impose on imports from the 27-nation blocon August 1. The rate, which could also extend to cars, would mirror the framework agreement the U.S. has struck with Japan, which Trump announced late on Tuesday. The deal could include exemptions for some EU goods, the diplomats said. As talks continued, the European Commission said it would press on with potential counter-measures in case a deal was not reached. EU member states were set to vote on 93 billion euros of counter-tariffs on U.S. goods on Thursday, European diplomats said. A broad majority of members support using anti-coercion instruments if there is no deal, they said. Trump was hoping for a boost from the complicated deal reached with Japan, the largest foreign investor in the U.S., which included a $550 investment and loan pledges from Japan and its commitment to buy 100 Boeing airplanes and boost purchases of U.S. agricultural products. Tariffs on Japan's auto sector will drop from 27.5% to 15% as part of the agreement, reviving hopes for a similar deal for EU cars. Asian and European stock markets rallied as investors cheered that agreement, but U.S. stocks showed a more modest rise and earnings reports were gloomy. U.S. businesses making everything from chips to steel reported downbeat results on Wednesday, revealing how the Trump administration's chaotic trade policy has hurt profits, added to costs, upended supply chains and weighed on consumer confidence. Trump said late on Tuesday that other countries would be coming for talks this week and governments were scrambling to close trade deals before next week's deadline that the White House has repeatedly pushed back under pressure from markets and intense lobbying by industry. AUTO TARIFFS Automobile stocks led the climb of European shares after the Japan deal spurred hopes that the U.S. was budging over tariffs on EU cars. EU officials have previously said Washington has shown little sign of doing so. U.S. Treasury Secretary Scott Bessent said in an interview with Bloomberg Television that Japan received the 15% rate on auto tariffs "because they were willing to provide this innovative financing mechanism" that he did not think other countries could replicate. Trump, however, has appeared open to a range of options as the U.S. negotiates trade deals. "I will only lower tariffs if a country agrees to open its market," Trump wrote in a social media post on Wednesday. In addition to talks in Washington, the European Trade Commissioner Maros Sefcovic planned to speak with U.S. Commerce Secretary Howard Lutnick on Wednesday from Brussels. (Reporting by Philip Blenkinsop in Brussels and Trevor Hunnicutt in Washington; Additional reporting by Bhargav Acharya and Susan Heavey; Writing by Doina Chiacu; Editing by Paul Simao)


New Straits Times
4 hours ago
- New Straits Times
EU-China talks test unity as tariffs and war frictions dominate
EXPECTATIONS are rock-bottom for a European Union-China summit today that will test European resolve and unity as the bloc faces intense trade pressure from Beijing and the United States, analysts say. European Commission president Ursula von der Leyen and European Council president Antonio Costa plan to press Chinese leaders on rare earths and the war in Ukraine, both areas of tension, during the summit in Beijing. There is little hope for headway, at a time both sides face major challenges sustaining economic growth and Europe struggles to shore up support for Ukraine. Both sides may reach a modest joint statement on climate, a source familiar with the planning said, but no other tangible achievements are expected. In recent speeches, von der Leyen has revived hawkish China rhetoric, accusing China on July 8 of "enabling Russia's war economy" and flooding global markets with overcapacity. "We know that we don't see eye to eye with China on many issues, but we believe that it is essential to have this kind of very direct and open and constructive conversation," said one EU official. A spokesperson for the European Commission referred to a statement announcing the summit, which said leaders would discuss ways of ensuring "a more balanced, reciprocal and mutually beneficial trade relationship". In response to Reuters' questions, the Chinese Foreign Ministry referred to a spokesperson's statement on Monday. "Some people in Europe continue to ... exaggerate specific economic and trade issues and make groundless accusations against China on the Ukraine issue, causing unnecessary interference to China-EU relations," its spokesperson said. The 27-member European Union has also been negotiating hard with Washington after President Donald Trump threatened 30 per cent tariffs on most EU exports from Aug 1, with prospects for a broader trade deal fading. At the Beijing summit, China hopes to press the EU for a solution to its tariffs on China-built electric vehicles, for which Beijing claims price commitment negotiations are in the "final stages". Last week, China threatened to respond to EU sanctions on two Chinese banks and five firms over the Ukraine war. Its Commerce Ministry said on Monday the sanctions "seriously harmed trade, economic and financial ties". Other trade disputes are simmering in the background. China retaliated against EU restrictions on medical device procurement with its own curbs on July 6, and slapped duties on French cognac producers. China's exports to the EU grew in May while its US exports plunged 34.5 per cent in value terms the same month, sparking fears Chinese trade overcapacity is being diverted to the bloc due to US tariffs on Chinese goods. There is also a growing sense that EU firms are collateral damage for China's rare earth export controls that primarily targeted Washington but have disrupted European defence and automotive supply chains. In return for concessions on rare earths, China's asks could include reviving a long-stalled investment agreement after Beijing lifted sanctions on European Parliament members in May, and pushing back on US export curbs on Dutch firm ASML's chipmaking equipment. China has raised both in the weeks leading up to the summit, two sources familiar with the matter said. "The mood is extremely pessimistic in Europe regarding the summit," said Mathieu Duchatel, a director at the Institut Montaigne think tank in Paris. He said that Washington rejected previous EU proposals for coordination on China policy. "There is a sense that the gloves are completely off on the Chinese side. "They sense the transatlantic relationship has weakened and are trying to seize the opportunity." Diplomats and analysts also say that China is growing increasingly frustrated behind closed doors with European officials' repeated insistence on the war in Ukraine, which Beijing views as an obstacle in the relationship. There is little space for constructive dialogue on this, another EU official said, with Chinese counterparts denying evidence of Chinese firms' involvement in supplying dual-use goods to Russia.