EU watchdog warns of resistance to Brussels’ bid to slash red tape

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  As Musk, Trump administration target CFPB, Democrats defend consumer watchdog

  The agency is at a virtual standstill as Elon Musk's DOGE and the White House's Russell Vought take over.
  
  ABC News - 2h

• Iceland bid to join EU should not be driven by Trump fears, says PM

  Kristrún Frostadóttir favours restarting talks for economic reasons and not in reaction to US president’s Arctic sabre-rattling
  
  Financial Times - 9h
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  A tidal wave of resistance is coming for Elon Musk

  Musk’s outrageous behavior is lighting a fresh fire under Democrats in Congress.
  
  The Hill - 10h

• Brussels becoming more supportive of Big Tech, says Booking CEO

  Also in this newsletter: ruling party to lose outright majority in Kosovo elections
  
  Financial Times - 20h
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  Trump’s acting chief of federal financial watchdog orders staff to pause activity

  Russell Vought is now acting head of CFPB, created in wake of 2008 financial crash to supervise financial companies. Russell Vought, Donald Trump’s newly installed acting head of the US Consumer ...
  
  The Guardian - 1d
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  Judges block Musk's efforts to slash federal spending

  Federal judges block President Trump and Elon Musk's attempts to slash spending and reshape the federal workforce. NBC News' Aaron Gilchrist reports.
  
  NBC News - 2d
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  NIH announces it's slashing funding for indirect research costs

  The National Institutes of Health announced that the agency is making cuts to grants that support research institutions by limiting the amount of indirect funding for research projects to just 15%.
  
  NBC News - 2d

• Canada’s trade minister visits Brussels in bid to boost mutual commerce

  Move comes after Donald Trump threatened both with tariffs
  
  Financial Times - 2d

• Chemical weapons watchdog delegation meets with Syria's new leaders

  A delegation from the global chemical weapons watchdog has arrived in Damascus to meet with Syria’s new leaders for the first time since the fall of former President Bashar Assad
  
  ABC News - 2d

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• Indonesia $19bn austerity drive targets travel and air conditioning

  President Prabowo Subianto seeks to free up cash from budget to fund free school meals and other promises
  
  Financial Times - 33m

• NHS leaders call for use of private finance to build hospitals

  NHS Confederation says such funding is needed to fix dilapidated infrastructure
  
  Financial Times - 1h

• UK apprentices will not need maths or English qualifications

  New rules aim to plug skills gaps in key industries and drive economic growth
  
  Financial Times - 1h

• Care workers mistreated despite UK government efforts to tackle abuses

  Unison survey shows more than a quarter of migrant staff were paid less than the statutory hourly minimum
  
  Financial Times - 1h

More in World

• India’s stock market has an influencer problem

  Also in this newsletter: Private capital in space programme and P Venkatesalu’s mantra
  
  Financial Times - 30m

• Indonesia $19bn austerity drive targets travel and air conditioning

  President Prabowo Subianto seeks to free up cash from budget to fund free school meals and other promises
  
  Financial Times - 33m
• 

  Middle East crisis live: Trump says Gaza ceasefire should be cancelled if hostage release delayed

  US president said it was ultimately up to Israel but he warned that ‘all hell is going to break out’ if the remaining hostages aren’t released on Saturday. Israeli defence minister Israel Katz ...
  
  The Guardian - 36m
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  New Zealand Rugby launches legal action against Ineos over sponsorship

  Ineos accused of ‘breaching agreement’ on six-year deal Sir Jim Ratcliffe’s company has sponsored NZR since 2022 New Zealand Rugby (NZR) has launched legal action against Ineos after the ...
  
  The Guardian - 1h
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  US justice department official seeks dismissal of charges against Eric Adams

  Federal prosecutors ordered to drop charges against New York mayor, who has cultivated relationship with Trump. A top official at the US Department of Justice has ordered federal prosecutors to ...
  
  The Guardian - 1h