ROME — U.S. Secretary of State Marco Rubio urged European allies Friday to move beyond rhetoric and take concrete action against Iran, even as he sought to repair strained ties with Italy and the Vatican during a two-day visit following tensions over the U.S.-Israeli war in Iran.
Speaking after meetings with Premier Giorgia Meloni and Foreign Minister Antonio Tajani, Rubio warned that Tehran was attempting to assert control over the strategic Strait of Hormuz, calling the move “unacceptable” and a threat to global security.
“Everybody says Iran is a threat. Everybody says that Iran can’t have a nuclear weapon … but you’ve got to do something about it,” Rubio told reporters in Rome. “If the answer is no … then you better have something more than just strongly worded statements to back it up.”
Clear ‘red line’
Rubio said Iran was trying to normalize control over an international waterway, a precedent he warned could encourage similar actions elsewhere. He also cautioned Tehran against targeting U.S. maritime assets, saying the United States had thwarted attacks on three Navy ships in the strait.
“The red line is clear. They threaten Americans, they are going to be blown up,” he said.
Rubio said Washington was pursuing a diplomatic track, including a proposed U.N. Security Council resolution aimed at preserving freedom of navigation. He added the U.S. was awaiting Iran’s response on Friday to ongoing diplomatic efforts.
Rubio’s visit comes after weeks of sharp disagreements between Washington and Rome over the Iran war, tariffs and President Trump’s criticism of both Meloni and Pope Leo XIV.
Differences remain over Iran war
Meloni described her meeting with Rubio as “constructive, frank and productive,” focused on both bilateral relations and major international issues. She said the talks covered strategic topics, including the Middle East, freedom of navigation in the Strait of Hormuz, Ukraine, China and areas of Italian interest such as Libya and Lebanon.
“We both understand how important the trans-Atlantic relationship is, but we also understand that each country must defend its own national interests,” Meloni stressed after the meeting.
Tajani struck a more conciliatory tone after meeting his U.S. counterpart, reaffirming the importance of the trans-Atlantic alliance.
“I am convinced Europe needs America — Italy needs America — and the United States also needs Europe and Italy,” Tajani said, adding he hoped “tensions have been calmed.”
He said discussions covered the Iran conflict and its spillover into Lebanon, as well as Venezuela and Cuba. The U.S. State Department said Rubio also raised the need to protect economic interests and end the war in Ukraine.
Despite the effort to ease tensions, differences remain over the Iran conflict. Italy has opposed the U.S.-Israeli bombing campaign, with Meloni calling it “illegal,” and has resisted involvement in offensive operations.
Tajani said Italy would be prepared to contribute naval forces to demine the Strait of Hormuz once a permanent ceasefire is reached, and would maintain its role in the U.N. peacekeeping mission in Lebanon. He also stressed the importance of continued U.S. troop presence in Europe amid concerns about possible reductions.
No final decision on NATO troops adjustments
Rubio said “no final decision” had been made on NATO troop adjustments, noting that any changes would depend on U.S. national interests and global priorities.
The U.S. has announced a decision to pull 5,000 military personnel from Germany and Trump has threatened to withdraw more troops from Italy and Spain over their stance on the war.
Italy, a key logistics hub for U.S. and allied operations in the Mediterranean and beyond, has already signaled limits to its cooperation. In March, it declined to allow U.S. bombers bound for the Middle East to use a base in Sicily without parliamentary approval, reflecting constitutional constraints and strong domestic opposition to the war.
Meloni, weakened by a recent referendum defeat and facing public unease over the conflict, has insisted that any use of Italian bases for offensive operations would require parliamentary backing.
The war has also raised economic concerns in Italy, with Meloni warning that disruptions in the Strait of Hormuz risk driving up energy costs and inflation, while U.S. tariff threats weigh on the country’s export-driven economy.
An attempt to de-escalate at the Vatican
Rubio also sought to ease tensions with the Vatican following Trump’s criticism of the pope’s calls for peace. After a lengthy meeting on Thursday with the pontiff and Vatican Secretary of State Cardinal Pietro Parolin, Rubio said Washington remained committed to a “productive and fruitful” relationship with the Catholic Church.
“The president’s perspective is clear. He thinks that Iran is a threat, and it needs to be addressed. And that position remains unchanged,” Rubio said.
Rubio confirmed that Cuba was also discussed at the Vatican, with Washington hoping the church’s Caritas charity organization would continue distributing humanitarian aid.
Rubio said the U.S. has provided about $6 million in humanitarian aid to Cuba, to be distributed through Caritas, should the Cubans allow it. He added Washington has also offered up to $100 million in additional aid, but the Cuban government has not accepted it so far. Rubio blamed Cuba’s government for blocking assistance and worsening conditions, describing it as “incompetent.”
U.S. officials said the Vatican talks underscored strong bilateral ties and a shared commitment to promoting peace, even as differences over the Iran war persist.
Zampano and Winfield write for the Associated Press.
Truce will also include swap of 1,000 prisoners of war from each country, US president says.
Published On 8 May 20268 May 2026
United States President Donald Trump says there will be a three-day ceasefire in the war between Russia and Ukraine.
Posting on Truth Social on Friday, the US leader said the truce would last from Saturday to Monday.
“I am pleased to announce that there will be a THREE DAY CEASEFIRE (May 9th, 10th, and 11th) in the War between Russia and Ukraine,” Trump posted.
“The Celebration in Russia is for Victory Day but, likewise, in Ukraine, because they were also a big part and factor of World War II. This Ceasefire will include a suspension of all kinetic activity, and also a prison swap of 1,000 prisoners from each Country,” he added.
Russia had previously announced a two-day unilateral ceasefire to mark its May 9 World War II Victory Day on Saturday.
Ukraine previously stated that it too had offered a truce but that this had been ignored by Moscow.
“This request was made directly by me,” Trump said on Friday, thanking his Russian and Ukrainian counterparts Vladimir Putin and Volodymyr Zelenskyy for agreeing to it.
“Talks are continuing” on ending the war, Trump said, adding that “we are getting closer and closer every day”.
“Hopefully, it is the beginning of the end of a very long, deadly, and hard fought War.”
Western Europe’s banks were well capitalized, digitally evolving, and strategically acquisitive—despite rate headwinds.
After the exceptional windfall years of 2022 and 2023, when aggressive rate hikes fattened net interest margins, most Western European banks had a strong 2024, particularly the larger players with extensive branch networks and franchises. Fast forward to 2025, and a more sobering reality dawned. The European Central Bank’s (ECB’s) easing cycle was well underway, and with it came the question that had been quietly forming in the minds of analysts and investors alike: Could Western Europe’s banks sustain their profitability once the rate tailwind turned to a headwind? The evidence now clearly answers that question in the affirmative—though not without adaptation, and not without some pointed lessons along the way.
The headline story is one of structural resilience, corroborated at the highest levels: In the ECB’s Annual Report on Supervisory Activities published in March 2026, the bank confirms that banks under its direct supervision “remained resilient in 2025,” with the aggregate Common Equity Tier 1 capital ratio (CET1 ratio) of “significant institutions” climbing to 16.1% in the third quarter of 2025, driven by strong profitability and retained earnings. Return on equity (ROE) stabilized at around 10% across the sector—modest by the standards of the best performers in our latest Best Banks ranking.
Separately, the European Banking Authority’s (EBA’s) Autumn 2025 Risk Assessment Report affirms that European banks “remain strong in capital, liquidity, profitability and asset quality,” even as the report urges “continued vigilance” in the face of geopolitical uncertainty and rising operational risks. This picture is richly illustrated by the individual performers in this year’s awards, where CET1 ratios frequently exceed the European average by a wide margin.
Yet the year was not without its disappointments. Margin pressure was real, and pockets of weakness were visible. The EBA itself warns that declining net interest income has been a systemic challenge, offset only where banks had successfully diversified into fee and commission income.
That diversification imperative made M&A one of the defining strategic trends of the period—and it shows no sign of abating. DNB’s acquisition of Nordic asset manager Carnegie Holding and Bank of Cyprus’ purchase of Ethniki Insurance, for example, reflect a sector in active pursuit of scale, complementary revenue streams, and fintech capability.
KPMG 2025 Banking and Capital Markets CEO Outlook, published January 2026, adds important context here, however: “The vast majority of CEOs surveyed expect to be active in the deal market over the coming three years, although fewer envisage ‘high-impact’ deals (down from 48% to 41%). Instead, 46% favor ‘moderate-impact’ acquisitions, primarily targeting fintechs, digital lending platforms, and RegTech [regulatory technology] firms to accelerate innovation without overextending capital.” Overall, European banks recognize a strategic need for scale, with momentum toward both domestic consolidation and cross-border deals and are hoping that a more favorable regulatory environment may emerge to support this.
In Western Europe, technology and ESG have become structural pillars rather than peripheral initiatives. Danske Bank has leaned into generative AI (Gen AI) to support retail investment growth, while UBS CEO Sergio Ermotti highlights the role of transformational AI projects in bolstering operational resilience as the Credit Suisse integration approaches completion. Swedbank’s 99.9% digital uptime across Swedish and Baltic operations is now as commercially significant as any lending figure. On sustainability, Eurobank leads its Greek peers with over €6.9 billion ($8.1 billion) in sustainable financing; UniCredit has issued €6.5 billion in green bonds since 2021; and CaixaBank has become the first Spanish bank to receive a Sustainable Finances certification from AENOR, the Spanish Association for Standardization and Certification.
But the technological evolution carries a shadow. According to the KPMG CEO Outlook, cyber risk is now the number-one factor that could slow growth—cited by 86% of banking CEOs, up from 81% in 2024—and cybersecurity ranks as the top challenge facing banks globally, ahead of every other sector in KPMG’s survey. This reflects the uniquely exposed position of banks, whose large customer bases and access to highly confidential data make them prime targets. As digital-banking platforms, open-banking APIs, and AI tools expand attack surfaces, hackers are increasingly deploying AI to pursue payment fraud and install ransomware. It is little surprise, then, that 57% of banking CEOs are “prioritizing cybersecurity above all other investments.” The EBA echoes this concern, warning that elevated geopolitical risks are amplifying operational and cyber threats, and that banks must invest continuously in resilience infrastructure.
As we publish our annual Best Banks award winners, the outlook is cautiously optimistic. Rate normalization will continue to test income generation; geopolitical friction shows no sign of resolution. But the weight of evidence—from individual bank results, from the EBA, and from the ECB itself—points consistently in the same direction: Western Europe’s leading banks have diversified their revenues, fortified their capital, and earned ratings improvements to match. Resilience, it turns out, is not merely a buzzword for these banks—it’s a strategy.
Gonzalo Gortázar, CEO, CaixaBank
Western Europe
CaixaBank
Once again, CaixaBank has secured a dual victory as the Best Bank in Western Europe and the premier financial institution in its home country, Spain—a distinction the bank has now achieved for a remarkable eight consecutive years.
A domestic market leader, CaixaBank operates a “socially responsible universal banking model with a long-term vision, based on quality, proximity, omnichanneling, and specialization.”
The bank reports a net attributable profit of nearly €5.9 billion for 2025, net interest income of almost €10.7 billion, and an ROE of 14.9%. Revenues from services—including wealth management, protection insurance, and banking fees—were up 5.4% to nearly €5.3 billion. New loan origination to individuals grew 12.4% to almost €2.6 billion. New mortgage lending rose 6.5% to reach nearly €8.5 billion, while lending to businesses increased 7.6% to reach about €12.4 billion.
Exceeding both targets and expectations, CaixaBank has raised the growth and profitability targets set out in its 2025-2027 Strategic Plan.
CaixaBank’s commitment to the communities it serves was evident once again last year, with initiatives encompassing financial-inclusion solutions with a social impact, regional social projects, and a steadfast commitment to the environment. The bank is an Iberian and European leader in sustainable and socially responsible investment.
Reflecting the strength of the bank’s performance, Fitch Ratings revised CaixaBank’s Outlook to Positive from Stable in October while affirming both its Long-Term Issuer Default Rating and its Viability Rating at A-. Fitch also upgraded the bank’s Short-Term IDR to F1 from F2.
The agency says its outlook reflects its “expectation that CaixaBank’s leading domestic position and diversified business profile will enable it to capture additional growth opportunities stemming from Spain’s economy, rising credit demand and favorable business trends,” adding that these factors will “gradually strengthen CaixaBank’s earnings resilience through the interest rate and economic cycles.”
Andorra
Creand Credit Andorra
The winner for the eighth consecutive year, Creand Credit Andorra (formerly Credit Andorra) boasts over 75 years of experience in the principality, offering a comprehensive suite of global private banking, asset management, and insurance services. The bank posted a robust 2024 profit of €70.9 million, representing a solid performance following its exceptional 60% profit surge in 2023. Business volume reached €30.7 billion, an 11.1% year-on-year (YoY) increase. Beyond the group’s financial strength, it remains a key local employer with 508 staff in Andorra, where women make up 48% of the workforce.
Austria
UniCredit Bank Austria
One of the largest retail banks and best-capitalized major financial institutions in Austria, UniCredit Bank Austriais a leader in corporate banking, wealth, and private banking. As of September 2025, the bank’s key performance indicators included a return on allocated capital of 23% and a cost-income ratio of 39%—demonstrating best-in-class cost efficiency compared to its peers. The bank’s CET1 ratio of 18.6% reflects a prudent capital base. Revenues came in at €2 billion, while gross operating profit stood at €1.2 billion. UniCredit serves around 15 million clients through its corporate, individual, and payment solutions groups in Austria, Germany, Italy, and Central and Eastern Europe. Reporting its 20th consecutive quarter of profitable growth in the fourth quarter, the group says its vision is to be “the bank for Europe’s future.”
Belgium
KBC
In the beating heart of Europe, KBC wins the laurels as our Best Bank in Belgium. Net income at the end of June 2025 was €1.6 billion, up 9% YoY. Total assets were €390.7 billion. The group reported a strong capital base with a 14.6% CET1 ratio and an ROE of 15% for the period. A FTSE4Good Index Series constituent, the bank continues its sustainability journey, receiving recognition annually in the S&P Sustainability Yearbook of top performers.
Cyprus
Bank of Cyprus
It was another year of robust performance for Bank of Cyprus, which saw total assets rise 8% to €28.6 billion in 2025. While profit after tax moderated slightly to €481 million (down 5% YoY), the bank’s 37% cost-income ratio and strengthened 21% CET1 ratio underscore its market-leading efficiency and capital discipline. The bank’s €29.3 million acquisition of Ethniki Insurance Cyprus marked a significant step in diversifying its business model and bolstering noninterest income streams.
Denmark
Danske Bank
Offering a full range of retail, corporate, and institutional services, Danske Bank returns as our Best Bank in Denmark for the third time in a row. In 2025, a resilient Danish economy contributed to a 5% growth in business lending and a surge in retail investment activity that pushed assets under management (AUM) across the group to over 1 trillion Danish kroner (more than $157.3 billion). The bank’s Danish operations served as the primary engine for a group ROE of 13.3%. Growth was also supported by new partnerships and digital rollouts, including platform enhancements and the use of Gen AI. The bank maintained a robust CET1 ratio of 17.3% and a CAR of 20.9%, reflecting highly disciplined capital management by both European and Nordic banking standards.
Finland
Nordea
Returning to the top spot as our Best Bank in Finland, Nordea reports a record €478 billion in AUM in 2025, up 13% YoY. With an ROE of 15.5% and a CET1 ratio of 15.7%, this profitable, efficient universal bank drew its 2022-2025 strategy to a successful close. That included receipt of approval from the Finnish Competition and Consumer Authority for a partnership with domestic rival OP Financial Group to combine efforts in solving consumer and business payments challenges.
France
Groupe BPCE
Groupe BPCE’s net banking income was up an impressive 10% YoY to €25.7 billion in 2025; while gross operating income rose some 22% to reach some €8.4 billion. Bolstered by a CET1 ratio of 16.5%, the banking group employs 100,000 staff, serving 35 million customers worldwide, including consumers, professionals, companies, investors, and local authorities. The banking group says it plans to recruit 16,000 employees in 2026, including 10,000 in the Banques Populaires and Caisses d’Epargne networks. Nearly half of these recruitments will target young people, as part of the bank’s partnership with state-run agency France Travail.
Germany
Commerzbank
Another year, another record net income, and another win for Commerzbank—our Best Bank in Germany for the fourth year running. Net income for the first half of 2025 was up 0.9% to €1.3 billion; while total assets reached €582 billion, and total revenues rose 12.5% to €6.1 billion. Despite a dip in the bank’s CET1 ratio to 14.6% and its ROE to a low 8.1%, Commerzbank improved its cost-income ratio to 56% while absorbing €534 million in restructuring expenses. The Frankfurt-based financial institution continues to fend off a UniCredit takeover, a move the Italian giant has pursued since 2024. With almost 40,000 employees, Commerzbank’s ESG goals include net-zero operations by 2040 and portfolio neutrality by 2050.
Greece
Eurobank
Our winner continued its run in Greece; Eurobank achieved remarkable growth across loans, deposits and AUM in the first half of 2025—rising YoY by €5.3 billion, €4 billion, and 30%, respectively. Domestic assets reached €62.8 billion, supported by €37.3 billion in gross loans and €45.2 billion in deposits. Beyond the balance sheet, the group leveraged its performance to drive social impact, strengthening its startup incubator and funding significant public-school renovations. Notably, Eurobank leads its peers with over €6.9 billion in sustainable financing and an upward trend in Article 8 AUM, now exceeding €230 million. Article 8 funds are predominantly ESG compliant. The bank’s market-leading position was further solidified in 2025 through its acquisition of Eurolife’s life insurance business.
Iceland
Arion Bank
Arion Bank may be on the smaller side of the three major Icelandic banks, but what it lacks in size it made up for in efficiency and performance in 2025. The bank reports group AUM of 2 trillion Icelandic kronur ($15.9 billion), net earnings of 30.6 billion kronur, an ROE of 14.9%, a cost-income ratio of 42.3% and a CET1 ratio of 18.4%. Arion Bank’s service offering creates a broad revenue base, with a loan portfolio that is well diversified between retail and corporate customers. The bank is in merger discussions with Kvika Bank, currently the country’s fourth-largest bank, under which terms Arion Bank’s existing shareholders would hold 74% of the combined entity. The merger, which is expected to complete in late 2026, would be one of Iceland’s largest.
Ireland
AIB
AIB returns for a third year running as our Best Bank in Ireland. Serving a customer base of over 3.3 million, the Emerald Isle’s biggest bank posted a solid first half, with a €927 million profit after tax and a 21.4% return on tangible equity (ROTE), bolstered by a robust 16.4% CET1 ratio. 2025 saw the bank return to full private ownership, as well as the launch of its new slogan, “For the life you’re after,” encapsulating its commitments to customers, community, and sustainability.
Italy
UniCredit
Our Best Bank in Italy for the third consecutive year is UniCredit. While gross revenue moderated 3.1% to €11 billion, Italy remains the undisputed earnings powerhouse of the UniCredit group, contributing 41% of the total €10.6 billion net profit. With a unique Pan-European footprint and group assets reaching €870 billion at year-end 2025, UniCredit leverages its stability and low risk exposure to lead the continent’s green transition. The bank is making significant strides toward its 2050 net-zero target, notably through its €11.3 billion in environmental lending and the issuance of €6.5 billion in green bonds since 2021. In 2025, UniCredit deepened its domestic ESG impact through initiatives like Salotti Energia to build ESG awareness among Italian corporates and the One4Planet, Water Management loan. Furthermore, its Banking Academy Italy continues to drive social value, launching the Conta per Me primary school program and advanced fraud prevention training to protect the domestic retail base.
Lichtenstein
LGT
Liechtenstein’s largest player, LGT, continues its six-year unbroken winning streak. Total operating income increased 10% YoY to over 1.4 billion Swiss francs (more than $1.7 billion) in the first half of the year, group profits surged 38% to 240.6 million francs, and AUM reached 359.6 billion francs. While the bank trimmed its cost-income ratio to 75.7%, the figure remains high. Offsetting this is an impressive 18.5% CET1 ratio, reflecting the superior capital strength of this bank owned by the country’s royal family.
Luxembourg
BGL BNP Paribas
Our winner in Luxembourg, BGL BNP Paribas, reported first-half 2025 revenues of €315 million, up from €300 million for the same period in the previous year. With almost 2,100 employees in the Grand Duchy of Luxembourg, the bank provides universal services with a strategic emphasis on corporate and institutional clients. With deep regional roots dating back over a century, BGL BNP Paribas remains a cornerstone of Luxembourg’s economic landscape. Looking ahead, the bank is set to be a key driver of the group’s transition strategy, targeting 90% low-carbon energy financing by 2030.
Malta
Bank of Valletta
Malta’s banking sector remains highly concentrated; and with a 41% market share and total assets of €15.6 billion as of first-half 2025, Bank of Valletta is the most dominant domestic and commercial player in the sector—as well as our 2026 Best Bank in Malta. While the group registered a first-half profit before tax of €135.1 million (slightly down from €148.2 million in first-half 2024), return on average equity stood at 18.9% and CET1 ratio at 21.3%—a breakwater typical of the Mediterranean island.
Monaco
CFM Indosuez Wealth Management
Although its net income for 2024 fell slightly to €59.4 million, a 2.4% decrease from 2023, CFM Indosuez Wealth Management remains the leading player in Monaco. Despite lower interest rates and an unstable geopolitical context, wealth under custody grew 8.4%. “Customer business grew significantly, underpinned by strong new business momentum, a satisfactory performance in market activities and continued robust loan production.” Revenue increased 1.1% to €199.4 million driven by dynamic transactional business, though performance was impacted by a 2.1% rise in operating expenses due to inflation.
Netherlands
ING Group
Amid ongoing geopolitical uncertainty, the CEO of ING Group, Steven van Rijswijk hailed 2025 as a year in which the major global bank consistently executed its “strategy of accelerating growth, increasing impact and further diversifying income by doing more business with more customers and clients.” And so, returning for a third consecutive year, ING is once again our winner in the Netherlands, delivering strong commercial growth in its European base while achieving €23 billion in total income across the group. This was supported by an uptick in the bank’s customer base and a 15% rise in fee income to €4.6 billion. Commercial net interest income meanwhile came in at €15.3 billion. Achieving €56.9 billion in lending growth—more than double that of the previous year—ING’s net result for the year was broadly stable at €6.3 billion. The bank reports a 13.2% ROE and a 13.1% CET1 ratio. Of all its major markets, the Netherlands was a key driver and contributor to the bank’s growth in 2025.
Norway
DNB
Keeping its crown as the Best Bank in Norway for the fourth year in a row, DNB remains the dominant player in its home market, balancing massive scale with high profitability. Offering a full suite of retail, corporate, and investment banking, DNB maintained a strong reputation over the year, reporting an annualized ROE of 15.6%. Profits rose by 1.5% in the first half of 2025 to 21.3 billion Norwegian kroner ($2.1 billion), driven by solid performance across the group, and supported by a Norwegian economy that held up well in an unpredictable global environment. In 2025, the bank completed its 12 billion Swedish kronor ($1.2 billion) acquisition of Carnegie, a Nordic asset manager with 850 employees, strengthening DNB’s position in investment banking and wealth management.
Portugal
Banco Santander Totta
In Portugal, it is another consecutive win for Banco Santander Totta, which continued its growth strategy in 2025 via rigorous commercial and operational optimization. In a year defined by falling interest rates, it remained the most profitable bank and a benchmark for efficiency, posting a 31.8% ROTE and a 28% efficiency ratio while achieving a net profit of €963.8 million.
During this time, the bank continued to grow its customer base, particularly in high-value segments. Active customers increased by 40,000 to more than 1.9 million; while digital customers rose 5.1% to over 1.3 million, now representing 68% of the total base. This growth translated into a growth in commercial activity, with over 100,000 new accounts opened, 1.3 million daily transactions (up by 9.7%), and more than 327,000 new cardholders added.
Sweden
Swedbank
Swedbank had another successful year, with an ROE higher than the bank’s target of 15%—and according to president and CEO Jens Henriksson, “proof that our business model works.” The bank’s Swedish operations account for 71% of the group’s customer base; overall it serves a total of 7.3 million private customers and 545,000 corporate customers across Sweden, Estonia, Latvia, and Lithuania—offering loans, savings, payments, insurance, and daily banking services. In 2025, digital investments contributed to uptime of 99.9% for Swedbank’s app and internet bank for Sweden and the Baltic countries. This is a key focus for the bank as it sets out to improve its customer experience, with the aim “to make it easy to manage everyday matters digitally.”
Switzerland
UBS
For the sixth consecutive year, UBShas earned our Best Bank in Switzerland distinction. Throughout 2025, the bank remained laser focused on the Credit Suisse integration, which is slated for substantial completion by the end of 2026. A disciplined approach yielded a $7.8 billion net profit, supported by a solid 14.4% CET1 ratio, despite an 81.1% cost-income ratio.
CEO Sergio Ermotti attributed this performance to a “global, diversified franchise” that helped clients navigate market volatility. He further highlighted the bank’s digital evolution, noting that transformational AI projects are successfully bolstering operational resilience and improving client experience. As the Credit Suisse integration enters its final stages, industry attention is shifting toward the leadership transition following Ermotti’s planned 2027 departure.
United Kingdom
HSBC
HSBC is our Best Bank in the UK for the second consecutive year. HSBC UK employs 18,000 full-time staff across the country, serving over 15.3 million customers. For the year ending December 31, 2025, it posted a profit before tax of £5.6 billion ($7.5 billion). Revenue increased by £489 million, or 5%, to £10.5 billion, driven by higher net interest income. The bank’s ROTE of 19.2% was one percentage point lower than 2024, driven by growth in commercial lending. Supported by a 13.2% CET1 ratio and an 175% liquidity-coverage ratio, the its balance sheet remained resilient against a challenging economic backdrop.
Real do not impose sporting sanctions saying 500,000 euro fines concludes the ‘internal procedures’ against the pair.
Published On 8 May 20268 May 2026
Real Madrid have fined Aurelien Tchouameni and Federico Valverde 500,000 euros ($588,000) each after a training ground clash that left the latter needing hospital treatment.
The club did not impose any sporting sanctions on the two players, saying in a statement that the fine “thereby concludes the internal procedures” launched against them.
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Valverde will miss Sunday’s Clasico against Barcelona as a result of the head injury he suffered during the altercation. The club said he would be out for up to two weeks.
Tchouameni took part in training on Friday and could feature at Camp Nou this weekend.
Madrid said on Friday that both players “expressed their complete remorse for what happened and apologised to each other” while taking part in a club investigation.
“They extended their apologies to the club, their teammates, the coaching staff, and the fans, and both have made themselves available to Real Madrid to accept whatever sanction the club deems appropriate,” read a club statement.
Uruguay international Valverde was accompanied to the hospital facility near the club’s Valdebebas training complex by Madrid coach Alvaro Arbeloa, according to Spanish reports, which said the player needed stitches to treat a facial wound.
Valverde sought to downplay the severity of the altercation with the France midfielder.
“The strain of the competition and frustration caused the situation to escalate,” Valverde wrote on social media, expressing regret at the media coverage of the incident.
“I accidentally hit a table during the argument, causing a small cut on my forehead that required a routine visit to the hospital,” he said.
“At no point did my teammate hit me, and I didn’t hit him either.”
According to reports, the two players quarrelled on Wednesday during training, and their argument continued on Thursday during and after the session.
Spanish media reported Valverde refused to shake Tchouameni’s hand and later fouled him in Thursday’s training session, with the pair scrapping afterwards in the dressing room when the injury occurred.
Tensions are running high at Real Madrid with the club on the verge of a second consecutive season without a major trophy.
Los Blancos trail Barca by 11 points at the top of La Liga, with Hansi Flick’s side able to clinch back-to-back league titles on Sunday if they do not lose.
Players’ union challenge French state’s failure to protect professional footballers from the health and safety risks.
Published On 8 May 20268 May 2026
Football players’ union FIFPRO is hailing a “landmark” legal win after a European rights body agreed to investigate whether the French state failed to uphold labour standards for professional footballers.
The unanimous decision by the European Committee of Social Rights in March marks the first time a players’ union has successfully advanced a collective complaint under the European Social Charter. It paves the way for an investigation into whether France has failed to ensure proper working conditions for professional players, including minors.
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FIFPRO described the heart of the dispute as the French state’s failure to protect professional footballers from the health and safety risks posed by a congested and expanding international match calendar, which it argues is driven by FIFA’s unilateral decisions on competition formats.
The inaugural edition of a rebranded and expanded FIFA Club World Cup came in for particular criticism from across the game when it was staged last year.
The French government had sought to have the case dismissed, arguing that any alleged labour violations were the responsibility of private sports bodies, such as FIFA or the French Football Federation, rather than the state.
The Committee rejected that objection, affirming that national governments remain legally responsible for ensuring fundamental workers’ rights are upheld within their jurisdictions, regardless of whether a private entity manages the industry.
FIFPRO Europe, which is supporting the French National Union of Professional Footballers (UNFP) in the case, described the decision as a “signal case” for the industry.
It added that the complaint highlights how global governing bodies “frequently bypass national labour standards regarding rest periods and collective bargaining.”
FIFPRO Europe confirmed it would provide full support to the UNFP during the upcoming proceedings and called on other European states to hold football authorities accountable for “systemic failures” that it said prioritise commercial interests over player safety.
“France is not alone: many other states are in a comparable situation, with minimum standards for working time, rest periods, occupational health and collective bargaining structurally undermined by decisions taken at global level,” its statement said.
Southern Russia is facing one of the largest environmental disasters in its modern history. In April, repeated Ukrainian strikes on Russian oil infrastructure in Tuapse triggered massive refinery fires and oil spills along the Black Sea coast, including near Sochi. Residents described “black rain” falling from the sky as smoke and petroleum residue spread across the region. Weeks later, wildlife is still dying, beaches remain polluted and volunteers trying to respond say their efforts have often been obstructed. The authorities, meanwhile, have focused less on confronting the scale of the catastrophe than on silencing those speaking out about it. Despite the ongoing environmental damage, officials are already discussing reopening the beaches and launching the tourist season.
The catastrophe raises difficult questions about environmental destruction during wartime. Ukraine, which has experienced countless environmental catastrophes related to Russia’s all-out war, has been among the leading actors advocating for the recognition of ecocide as an international crime, even though the concept has yet to be formally codified in international law. Following the April strikes, however, some environmental activists in Russia and beyond are now also accusing Ukraine of hypocrisy and causing long-term environmental harm through strikes on oil infrastructure. There is a real debate over whether such actions can be justified, even when targeting an aggressor, if their environmental consequences may last for decades.
But focusing exclusively on Ukrainian strikes risks obscuring the deeper structural causes of the disaster. Russia’s oil infrastructure is deeply embedded in its war economy, and environmental damage of this magnitude does not occur in a vacuum. It is shaped by years of deregulation, lack of oversight and the systematic dismantling of environmental protections. These trends have only intensified during the full-scale invasion, as environmental safeguards have increasingly been cancelled in order to sustain the war economy. This includes recent legislative changes affecting the protection of Lake Baikal — a unique ecosystem that contains around 23 percent of the world’s unfrozen freshwater — raising concerns among experts about long-term environmental risks.
For years, environmental organisations in Russia have been labelled “foreign agents” or declared “undesirable”, independent environmental movements have been dismantled and activists forced into exile. The current catastrophe is unfolding in a country where ecological disasters are often silenced rather than addressed.
What is striking in the current situation is not only the scale of the damage but the response of the authorities. Rather than responding with transparency and accountability, Russian officials have largely attempted to silence discussion around the disaster. This recalls earlier patterns, including the initial response to the Chornobyl disaster, where secrecy and delayed disclosure significantly worsened the human and environmental consequences.
In this sense, responsibility does not lie only in the immediate cause of the disaster, but also in the absence of preparedness, regulation and accountability.
This disaster has also triggered an unusual wave of discussion within Russia itself, much of it unfolding online, despite increasing censorship. Volunteers on the ground have reported being obstructed and, in some cases, harassed while trying to rescue wildlife. Journalists attempting to document the situation have faced detention. Even as the catastrophe unfolds, the space to speak about it remains tightly controlled.
Yet the public reaction is telling. Much of it is happening on Instagram, which is banned in Russia, and on other social media platforms, with people still using VPNs to speak out and read real news. Rather than turning primarily into accusations against Ukraine, much of this discussion has been directed at the Russian authorities. The disaster is being used, implicitly and sometimes explicitly, to question the lack of coordination, the absence of transparency and the broader political system that allows such crises to happen.
This is significant. In a country where even calling the war a war is effectively prohibited, environmental catastrophe has become one of the few channels through which criticism can still surface.
The situation also exposes a deeper problem that goes beyond Russia. It highlights a fundamental gap in international law: the lack of effective mechanisms to address large-scale environmental destruction in the context of war.
Recent events illustrate the consequences of this gap. The destruction of the Kakhovka Dam caused massive ecological damage, yet failed to generate sustained legal or political accountability at the international level. Since then, environmental destruction has continued to accompany the war, without clear mechanisms to address it.
More broadly, the issue is being sidelined. The war in Ukraine has become so heavily politicised globally that discussions of its environmental consequences are often reduced, avoided or absorbed into larger geopolitical narratives. From the perspective of an environmental activist from Russia, this creates a deep sense of helplessness. These issues are becoming harder to raise, not because they are less important, but because they are competing with an overwhelming number of global crises.
This frustration is also visible within parts of the Russian antiwar movement, where there is a growing perception that international actors are more focused on the economic consequences of the conflict than on addressing its deeper causes and risks that go beyond military threats.
Meanwhile, environmental destruction across Russia, a country that spans one-10th of the Earth’s land surface, continues with little international attention. This includes not only wartime damage, but also longstanding patterns tied to extractivism, colonial governance in national republics, and the systematic marginalisation of Indigenous communities. These are not separate issues. They are part of the same underlying problem, one that remains largely unaddressed.
Environmental exploitation in Russia’s regions has long been tied to older imperial patterns of control and dispossession. These same southern regions are also the regions where the Russian Empire committed genocide against the Indigenous Circassian people, exterminating and expelling more than 95 percent of the local population in the late 19th century. And now, what the Russian authorities seem to care about is not the environmental devastation itself, but reopening the beaches so the region can continue generating income.
While Europe is preparing to spend hundreds of billions of euros responding to what it sees as a growing Russian military threat, far less attention is being paid to the political and economic structures sustaining environmental destruction inside Russia itself. From the perspective of an environmental activist and someone finishing a master’s degree in international affairs, there is a striking gap in how the root causes of this crisis are being addressed.
Too little attention is paid to the deeper structures that sustain it: Russia’s colonial governance and extractivist economic model in the regions of Russia. These issues remain underexplored not only in political decision-making but also in academia and media coverage. This gap is particularly visible in the missed opportunities to engage with emerging Russian decolonial movements and Indigenous activists from national republics, who have long been raising precisely these concerns. Their perspectives remain marginal, even though they are essential for understanding both environmental destruction and political instability in the region.
Many international organisations and NGOs have also scaled down or abandoned work related to Russia’s internal environmental and human rights issues, as well as broader regional dynamics in Eastern Europe and Central Asia. As a result, entire areas of expertise are disappearing at the very moment they are most needed. Voices that could contribute to a deeper understanding, and potentially to long-term solutions, are increasingly sidelined or ignored.
And when catastrophe comes, people are left asking how it became possible for oil to fall from the sky.
The views expressed in this article are the author’s own and do not necessarily reflect Al Jazeera’s editorial stance.
May 9 is a venerated date on the Russian calendar. The anniversary of the Soviet Union’s victory over Nazi Germany in World War II is usually commemorated with a grand military parade outside the Kremlin, on Moscow’s Red Square.
“For modern Russia, it’s the main holiday of the year,” said Oleg Ignatov, senior Russia analyst at Crisis Group. “There are two main holidays in Russia, the ninth of May and the New Year. And if you asked Russians, what is the main holiday, I think they would answer you that it’s the ninth of May.”
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This year, however, for the first time in nearly 20 years, there will be no tanks, missiles or junior cadets in the parade. The decision to hold back on showcasing military equipment comes as a result of heightened security fears over the war in Ukraine.
However, personnel from higher-level military academies will still take part in the procession on foot, while the aerial portion of the programme will remain unchanged – an aerobatic show, followed by a team of Sukhoi Su-25 fighter jets painting the sky in the tricolours of the Russian flag.
In official statements, the Kremlin has referred to “the current operational situation,” and threats of “Ukrainian terrorist activity.”
Ukrainian drones are now striking deeper and deeper into Russian territory on an almost daily basis, hitting targets such as oil facilities and airfields. A recent spate of drone attacks on the oil refinery in Tuapse, on Russia’s Black Sea coast, has caused an ecological catastrophe and prompted the evacuation of the town.
“Drones are indeed the primary means to attack Russia’s territory,” explained Olha Polishchuk, research manager for Europe, Central Asia and the Caucasus at Armed Conflict Location & Event Data (ACLED). “They are relatively cheap, modifiable and can travel long distances … Both Ukraine and Russia have switched to using primarily drones for their attacks.
He said that since 2025, drone strikes “completely overshadowed other attacks”.
“Their use has been effective overall; most drones are intercepted but if you send enough of them, some will reach the target.”
Fears of ‘political and psychological consequences’
Security and anti-drone defences have been tightened in the capital since the Ukrainian armed forces began sending drones there in 2023, with one striking the Kremlin itself.
Mobile internet has been periodically shut off in Moscow, Saint Petersburg and other areas of the country in the days running up to the event, with providers citing “security reasons”.
“Moscow has very strong air defence, which includes short-range surface-to-air missile systems, other missile systems, small arms and electronic warfare systems,” explained Polishchuk. “It is a multilayered system located both around and inside the city. In the past, authorities have shut down cellular networks in Moscow to complicate drone navigation.
“Ukraine very rarely attacks Moscow because the air defence would require a very large swarm of drones for any attack to land, but also because there are plenty of other strategically relevant targets that do not carry such a high risk of civilian casualties.”
Nevertheless, the Victory Day ceremonies present a clear risk. Such a concentration of troops and vehicles is vulnerable not only on the day of the parade itself but before and after, too: after all, that hardware must be stored somewhere.
“Of course, they care about drones which can fly from Ukraine, but most of these drones are being intercepted,” Crisis Group’s Ignatov told Al Jazeera. “They are more afraid of groups of people using small drones which are delivered to Russia, and used against targets inside Russia, like in Operation Spiderweb [in 2025] … Even if one or a couple of small drones hit a military parade, it may not cause a casualty, but it will have a demonstrative and psychological effect. I think what they care about is the political and psychological consequences of this.”
A Russian security officer sits atop an all-terrain infantry mobility vehicle amid increased security measures ahead of Victory Day, marking the anniversary of victory over Nazi Germany in World War II, near the Kremlin in central Moscow, Russia, on May 7, 2026 [Reuters]
The Victory Day parade is a tradition from the communist era, an occasion on which the citizenry could catch a glimpse of Soviet statesmen waving from atop Lenin’s tomb, as well as a chance for the then-superpower to show off its military might. But when the USSR collapsed in December 1991, the parades were shelved for nearly two decades until they were revived by President Vladimir Putin in 2008.
Since the start of the full-scale war in 2022, the Victory Day parade has been scaled back again. Only a solitary Soviet-era T-34 tank symbolically rolled across Red Square in 2024, although other types of vehicles, such as armoured personnel carriers and mobile missile launchers, were present.
Last year’s proceedings, however, packed a little more pomp. Not only did the parade feature modern tanks, the TOS-2 Tosochka heavy flamethrower systems and Iskander ballistic missiles, but also Russian troops marching alongside Chinese soldiers.
Chinese leader Xi Jinping watched the show sitting beside Putin, one of 27 heads of state in attendance, including Brazilian President Lula da Silva and Ibrahim Traore of Burkina Faso. The turnout seemed to indicate that, despite international condemnation of the invasion of Ukraine, Moscow was not isolated.
‘Victory over Nazi barbarism’ or a ‘cynical distortion of history’
“A celebration of the Soviet and Allied defeat of Hitler’s Nazi-Fascist alliance, Victory Day is the most sacred date on Russia’s political calendar,” said British historian Geoffrey Roberts.
“As ever, Victory Day will be celebrated as a Soviet as well as a Russian victory – the result of the common struggle of all the peoples of the multinational USSR, not least millions of Ukrainians. Victory Day is for the Russian government a day of multiethnic unity. It is also a reminder of the international antifascist unity – of the Soviet-Western coalition during World War II that together saved the world from Nazi barbarism.”
The Eastern Front of the second world war, known as the Great Patriotic War in Russia, occupies a central place in Russian national memory. About 27 million Soviet citizens, including Russians, lost their lives in the conflict, more than any other country, and it was the Red Army’s soldiers that hoisted their flag over the Reichstag in Berlin in 1945. The German surrender was officially finalised on May 9.
This memory is evoked by Putin’s government today, claiming it is fighting “Nazis” on the battlefields of Ukraine.
Spectators, including Russian President Vladimir Putin, Chinese President Xi Jinping, Tajik President Emomali Rahmon, Turkmen President Serdar Berdimuhamedov and Uzbek President Shavkat Mirziyoyev, attend a military parade on Victory Day, marking the 80th anniversary of the victory over Nazi Germany in World War II, in Red Square in central Moscow, Russia, on May 9, 2025 [Sputnik/Vyacheslav Prokofyev/Pool via Reuters]
“It appears that in modern Russia, 9 May has been twisted to actually support aggressive behaviour and militarisation,” Polishchuk said.
“It is a big source of pride which supports the notion that Russia is strong, undefeated, and will not tolerate disrespect from anyone. The more common ‘never again’ in reference to WWII became ‘we can do it again’ in Russia as a popular Victory Day slogan. This posturing becomes even more important during an ongoing war, as it supports another sort of reality – one where Russia has not made a mistake by invading Ukraine and is not currently failing to achieve its military objectives.”
According to the open-source intelligence project Oryx, more than 14,000 Russian tanks, APCs and other combat vehicles have been destroyed, captured, abandoned or otherwise lost since the start of the full-scale invasion in 2022.
Modern Ukraine considers Victory Day, as celebrated in Russia today, a cynical distortion of history and seeks to discourage foreign dignitaries from attending, Polishchuk added.
“Ukraine is generally more level-headed than Russia in sticking to targets that have a military objective, but this is indeed one of the instances where the [potential] attack appears largely symbolic,” she said. “Ukraine may decide to save resources this time and not attack Moscow – it could be a sane choice since air defence will be on high alert and security concerns may already discourage participation, yet Russian authorities have no choice but to try to reduce the risk regardless.”
Warring sides accuse each other of violations as attacks continue across front lines.
Published On 8 May 20268 May 2026
Russia and Ukraine have accused each other of breaching a short ceasefire announced by Moscow to coincide with Victory Day commemorations marking the Soviet Union’s defeat of Nazi Germany.
The Kremlin said its forces downed 264 Ukrainian drones early on Friday, with officials in Moscow reporting attempted attacks on the capital and in the Perm region in the Ural Mountains.
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The truce, declared from May 8 to May 10, was intended to cover annual celebrations that include a military parade in Moscow.
Russia had warned that any disruption would trigger a large-scale missile response against Kyiv, urging foreign diplomats to leave the Ukrainian capital before potential escalation.
In a separate announcement, the Russian transport ministry said on Friday that 13 airports in Russia’s south halted operations due to drone attacks.
“Operations at the regional centre in Rostov-on-Don, which manages air traffic in southern Russia, have been temporarily suspended after Ukrainian drone struck the administrative building of the ‘Southern Russia Air Navigation’ branch,” the ministry said.
There were no casualties, it added.
Victory Day commemorations mark the Soviet Union’s loss of 27 million people in World War II, as it drove Nazi forces back to Berlin, where Adolf Hitler died, and the Red Army’s Soviet Victory Banner was raised over the Reichstag in May 1945.
‘We will defend our people’s lives’
Ukrainian President Volodymyr Zelenskyy said Russian forces continued to attack positions overnight, dismissing the ceasefire as ineffective.
He said Russia had carried out more than 140 attacks on front-line positions by early morning, alongside 10 assaults and more than 850 drone attacks.
“As we did over the past 24 hours, Ukraine will respond in kind today as well. We will defend our positions and people’s lives,” Zelenskyy said.
Ukraine also reported striking a Russian oil facility in Yaroslavl, deep inside Russian territory, in what Kyiv described as retaliation for attacks on its cities.
“Ukraine’s long-range sanctions continued in response to Russian strikes on our cities and villages,” Zelenskyy said.
Kyiv had proposed an open-ended ceasefire beginning on May 6, which it said Russia ignored. Moscow did not adopt that proposal, and neither side accepted the other’s terms.
In remarks before the truce, Zelenskyy criticised Russia’s approach to the commemorations, saying Moscow sought a pause “to hold their parade, to go out onto the square safely for an hour once a year, and then continue killing, killing our people and waging war”.
“The Russians are already talking about strikes after May 9. Strange and certainly inappropriate of the Russian leadership,” he added.
“Just as 81 years ago, so now America can help peace with a just and strong stance against the aggressor,” Zelenskyy said. “And it is important that the American people now view Russia precisely in this way – as an aggressor.”
Roll with the lobsters near Derek Jarman’s house in Dungeness, Kent
Dungeness is a place of wild beauty, a stretch of coast that knows fierce winds. Artist and gardener Derek Jarman’s cottage roof blew off at least once and the wind regularly wreaked havoc with his planting. Stubborn plants survive on this vast shingle beach and just as stubborn is the Snack Shack, with its opening times dependent on the weather, as its website says. On fair weather days it’s an ideal place to have lunch as you explore the peninsula. If you’re in luck they will not have run out of lobster rolls among other freshly caught seafood delights. Paying homage to Jarman and eating outdoors here replenishes the soul. Charlotte
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Guardian Travel readers’ tips
Every week we ask our readers for recommendations from their travels. A selection of tips will be featured online and may appear in print. To enter the latest competition visit the readers’ tips homepage
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Captain’s tables on the Brittany coast
Captain Marée, a 30-minute cycle from Vannes in Brittany, is a collection of mismatched tables and chairs beside two shacks on a shellfish farm on the Gulf of Morbihan. Here, you’ll find a simple menu featuring fresh oysters and mussels, all served by welcoming staff. The place offers wonderful views of the gulf and if you are really into your seafood, few places could offer better quality or a friendlier atmosphere. Kelvin Atkins
Watch for seals on the Isle of Arran
Cladach Beach House is tucked away at the end of the strand in Brodick, on Arran. Outdoor cocktails (with a large dinosaur sculpture) if its sunny, a cosy fire inside the shack by the big windows if the weather closes in. It’s an adorable mix of homemade and glamorous as you watch for seals. Clara
Select your fish from the daily catch near Narbonne, France
La Perle Gruissanaise. Photograph: Gautier Stephane/Alamy
La Perle Gruissanaise lies at the end of the reclaimed wild end of Chalets beach not far from Narbonne in the south of France. Select your fish from the daily catch, and it’ll be expertly cooked by the chefs along with a selection of homemade sides. Then, grab a carafe of local chilled wine and take your seat on the wooden benches. There’s no table service and no reservations, just great food and drink – and uninterrupted views over the Mediterranean to the horizon. Alternatively, they’ll put together a fantastic platter to take away and enjoy at home or on the beach. Doug
A thatched classic in County Sligo, Ireland
Beach Bar at Aughris head, Templeboy. Photograph: PR
The west of Ireland is a rugged place full of nooks and crannies. In one of them is the Beach Bar at Aughris head, Templeboy. Follow the handmade signs that direct you off the main N59 Sligo road. Eventually, the road peters out at the curving beach overlooked by the thatched Beach Bar. There you can enjoy a bowl of chowder, local seafood and meaty classics, alongside friendly locals. On a fine day, you can sit outside and take in the majestic view across the sea to Sligo and beyond. Tony Moon
Watch the sunset over the Libyan Sea in Crete
Matala Beach at dusk. Photograph: Westend61 GmbH/Alamy
Perched above Matala’s legendary bay in southern Crete, Petra & Votsalo (on Facebook) is a gorgeous beachside taverna. Harris, the owner, greets everyone like family and sets an easy, unhurried tone. Two courses and a cold beer cost about €20. The terrace glows as the sun sets into the Libyan Sea. Order a starter of creamy, flaky tiropita cheese pastries followed by rich, tender stifado and an ice-cold Mythos. Finish with complimentary family-produced raki as waves roll in and light fades over the bay. James Merriman
Cocktails in a medieval tower on the Adriatic in Croatia
Photograph: Matyas Rehak/Alamy
Massimo cocktail bar (on Instagram) is the place to experience sunset on Korčula, Croatia. Space is limited so get there early. And if you don’t like heights or struggle with steep ladders, give it a miss! Your drinks will arrive by pulley from the bar below and, as you sit at your table on top of the medieval tower, you can see for miles across the sea to the neighbouring islands. The margaritas are highly recommended but remember you have to get back down the same way, so best to stick to one or two. Gill
A beach bar for all seasons near Lisbon
Photograph: Volodymyr Goinyk/Alamy
The Bar do Guincho in Cascais near Lisbon is that rare thing, a beach bar for all seasons. It’s perfectly positioned for stunning Atlantic views and combines a rustic, welcoming vibe with a lively atmosphere. I have enjoyed the sunshine and a cocktail on the terrace there after lazing on the beach, but I’ve also cozied up by its blazing log fire in autumn with a warming bowl of fish soup. It’s an easy day trip from Lisbon, too – there are trains every 30 minutes from Cais do Sodré and the journey takes 40 minutes. Then you get the regular No 15 bus or a taxi to beautiful Praia do Guincho, which takes about 20 minutes. Nicoletta
Seafood shack on the Black Sea, Bulgaria
Where Bulgaria meets Turkey on the Black Sea, you’ll find the sleepy resort of Sinemorets. The place has an eccentric feel, but nowhere more so than the seafood shack Taliana (on Instagram), which sits right on the rugged coastline. Mussels are a must-try, but everything is as fresh as you’d expect from the location – and incredible value. After driving halfway across the country on a slightly ill-advised trek, we arrived a little desperate, bedraggled and starved so it was great to receive a warm welcome and probably the tastiest meal of our whole trip. Tim Alderson
Winning tip: Puglia perfection, near Gallipoli, Italy
Lido Conchiglie. Photograph: Giuseppe Colasanto/Alamy
Visible from the wide sandy beach at Lido Conchiglie, near Gallipoli in Puglia, Scapricciatiello (on Facebook) perches on a rocky spur reaching out into the sea. With its plastic chairs and paper tablecloths (which double as menus), it could certainly never be accused of being all style over substance. Yet what it offers instead is hard to beat: delicious, fresh local seafood, enjoyed beside turquoise waters. Adventurous diners can follow local tradition and sample the cozze crude (raw mussels), while other choices include spaghetti with mussels or clams, followed by frittomisto or grilled swordfish. Katharine
Barcelona are set to storm La Liga this year and could seal title in Sunday’s Clasico, but what is the history of the Real Madrid rivalry?
Barcelona and Real Madrid will contest the 264th El Clasico when the Spanish giants come together in a La Liga clash on Sunday.
Rarely will there have been a more highly charged atmosphere with a heavily demoralised Real arriving in the Catalan capital, facing the prospect of watching their fiercest rivals crowned champions on the day.
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Although knocked out of the UEFA Champions League at the quarterfinals, as Los Blancos were too, Barca are well on course to defend their La Liga crown – and at a canter.
Al Jazeera Sport takes a look at the talking points heading into the game and what the history is of a 124-year-old rivalry.
Will Kylian Mbappe play for Real Madrid against Barcelona?
The headline news surrounding Sunday’s game is the availability of Kylian Mbappe, with the French striker a doubt for the Clasico because of a hamstring injury.
The 27-year-old striker tops the scoring charts in the Spanish league this season with 24 goals. Mallorca’s Vedat Muriqi is a surprise second on the list with 21 strikes, while Barca’s Lamine Yamal, who is out for the remainder of the season, has netted 16 times and is third on the list.
Despite Mbappe’s goalscoring achievements, a “Mbappe out” petition has garnered more than 33 million signatures calling for the club to sell the striker, who joined from Paris Saint-Germain two seasons ago.
What happened to Real Madrid’s Federico Valverde?
Federico Valverde will definitely miss out on El Clasico after a training ground bust-up on Thursday resulted in the midfielder being taken to hospital.
The 27-year-old Uruguayan is understood to have sustained a head injury following an incident with teammate Aurelien Tchouameni.
Real have said they are investigating internally, and have already decided to open disciplinary proceedings against both players.
It is not yet clear if Frenchman Tchouameni will be available for Sunday’s match as a result.
How can Barcelona win La Liga in Sunday’s El Clasico?
Alvaro Arbeloa’s Real trail Hansi Flick’s reigning champions by 11 points with four matches remaining, and are sinking towards a second straight season without a major trophy.
Anything but a win for Real on Sunday will see Barca lift the trophy in their own stadium against the only side to have won La Liga more.
What is meant by El Clasico?
The term El Clasico first appeared in a Spanish newspaper during the 1960s in reference to matches between the two biggest club teams in Spain.
The simple translation is “The Classic”.
By that time, the match had already been long considered one of sport’s fiercest derbies.
How did El Clasico become Spain’s greatest rivalry?
Originally, the phrase “Viejo Clasico” (Old Classic) was a term that referred to the Madrid derby between Real and Athletic Bilbao.
The match between the pair has historically been the most-played fixture in Spanish football before the rise of Barcelona to one of the two most prominent teams in the country.
The term El Clasico, although a 1960s invention in Spain, became a more widely popular and globally associated name when the rivalry between Real Madrid and Barcelona peaked in the 1990s.
Johan Cruyff’s Barcelona were a side to be feared on the global stage, but Quinta del Buitre’s Real were putting up a stern test. In the late 90s, Real’s superstar lineup was dubbed the Galacticos following the heavy financial investment in overseas stars such as Zinedine Zidane, Ronaldo and David Beckham.
By the turn of the century, the rivalry was recognised as one of the biggest match-ups in world sport and heralded in the era of Pep Guardiola vs Jose Mourinho in the dugouts – and the small matter of Lionel Messi vs Cristiano Ronaldo on the field.
When was the first El Clasico between Barcelona and Real Madrid?
The first match between the clubs took place on May 13, 1902, in the Copa de la Coronacion (a predecessor to the Copa del Rey).
Barcelona won the match 3-1 in the Spanish capital against Madrid FC (the club later became Real Madrid).
Who has won more El Clasico matches, Real Madrid or Barcelona?
Of the 261 matches between the clubs over the last 124 years, Real have won 106, while Barcelona have won 105.
How many times have Real Madrid and Barcelona won La Liga?
Real have lifted the La Liga trophy 36 times while Barca are targeting their 28th title.
Who has scored the most El Clasico goals?
Lionel Messi (Argentina) – 26 goals for Barcelona
Alfredo Di Stefano (Portugal) – 18 goals for Real Madrid
Cristiano Ronaldo (Portugal) – 18 goals for Real Madrid
Karim Benzema (France) – 16 goals for Real Madrid
Raul (Spain) – 15 goals for Real Madrid
What are the last five results between Barcelona and Real Madrid?
January 11, 2026 – Spanish Super Cup final: Barcelona 3-2 Real Madrid
October 26, 2025 – La Liga: Real Madrid 2-1 Barcelona
May 11, 2025 – La Liga: Barcelona 4-3 Real Madrid
April 26, 2025 – Copa del Rey final: Barcelona 3-2 Real Madrid (after extra time)
January 12, 2025 – Spanish Super Cup final: Real Madrid 2-5 Barcelona
How can I follow Sunday’s El Clasico between Barcelona and Real Madrid?
We will bring you our comprehensive text commentary stream of Sunday’s match, starting with our usual extensive build-up – including all the news, analyses and opinion surrounding the game.
International Olympic Committee urges sporting bodies to let Belarusian athletes compete again without vetting as neutrals.
Published On 7 May 20267 May 2026
Athletes from Belarus should once again compete with their full national identity and not be vetted for neutral status, the International Olympic Committee has said.
Though the advice to sports governing bodies does not yet apply also to Russia, it seemed to point towards being closer to ending Russia’s isolation in Olympic circles during its war on Ukraine.
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One barrier to Russia’s return is an ongoing World Anti-Doping Agency investigation into recent reports implicating Russian anti-doping agency official Veronika Loginova.
The IOC said its executive board noted “with concern the recent information” being looked at by WADA, without naming Loginova.
Athletes from Russia and Belarus had to be approved as neutrals who did not support the war for individual events at the 2024 Paris Olympics and February’s Milano Cortina Winter Olympics. A total of 32 athletes from the two countries competed in Paris, to win five medals combined, including one gold in trampoline by an athlete from Belarus.
“The IOC reaffirms that athletes’ participation in international competition should not be limited by the actions of their governments, including involvement in a war or conflict,” the Olympic body said on Thursday.
The IOC noted the qualification period for the 2028 Los Angeles Olympics “starts this summer.”
The Russian Olympic Committee has been suspended by the IOC since October 2023 for incorporating regional sports bodies in illegally occupied eastern Ukraine.
“Whilst the ROC has held constructive exchanges with the IOC on its suspension,” the IOC said, “it remains suspended while the IOC Legal Affairs Commission continues to review the matter.”
Irish Sport for Palestine accuses Israel of engaging in ‘genocide’ in war on Gaza ahead of UEFA Nations League game.
Published On 7 May 20267 May 2026
Leading Irish footballers have joined celebrities in a campaign urging the Republic of Ireland to boycott a UEFA Nations League match against Israel later this year.
An open letter sent to the Football Association of Ireland (FAI) from campaign group Irish Sport for Palestine accuses Israel of engaging in “genocide” in the war in Gaza and of breaching UEFA and FIFA statutes by allowing teams to play on occupied Palestinian land.
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In November 2025, 93 percent of FAI members voted for its leadership to press UEFA to suspend Israel under those statutes, a mandate campaigners say the Irish governing body should “respect and represent”.
Israel has denied that its forces have committed genocide during the war in Gaza.
The letter, entitled “Stop the Game”, was signed by League of Ireland players, former men’s coach Brian Kerr and twice women’s player of the year Louise Quinn.
Irish rock band Fontaines D C, hip-hop trio Kneecap and singer-songwriter Christy Moore were among the other signatories, along with Oscar-nominated actor Stephen Rea.
Ireland are set to host Israel at Dublin’s Aviva Stadium on October 4, while a September 27 fixture designated as an Israeli home match is expected to be staged at a neutral venue.
The letter includes a statement from Shamrock Rovers captain and Professional Footballers’ Association of Ireland chair Roberto Lopes.
“We can’t ignore the humanitarian catastrophe in Palestine; the sheer loss of life there has to take precedence over any sporting consideration,” said Dublin-born Lopes, who is set to play at the World Cup for Cape Verde in June.
“Ireland has an opportunity here to lead and do what others won’t.”
Israel have played in UEFA competitions since the early 1980s after being excluded from Asian Football Confederation (AFC) competitions in the 1970s when several countries refused to play against them.
Ireland’s prime minister Micheal Martin said the two matches against Israel should go ahead.
“We have been critics and have opposed very strongly Israeli government policy within Gaza in particular. We condemned the Hamas attack on Israel which was absolutely horrific,” the taoiseach told The Irish Times.
“I think sport is an area that can be challenging when it crosses into the realm of politics.”
In February, FAI Chief Executive David Courell said the national team had no choice but to fulfil its obligations or risk harming the long-term sporting interests of Irish football, including potential disqualification from future competitions.
A poll by the Irish Football Supporters Partnership found 76 percent of respondents opposed the fixture being played.
Spain international Dani Carvajal injured his right foot during a training session for Real Madrid last week.
Published On 7 May 20267 May 2026
Spain manager Luis de la Fuente says Dani Carvajal could still make his World Cup squad but the right back must prove his fitness and form after suffering a foot injury in training with his club Real Madrid last week.
“Carvajal is a very important figure in our dressing room,” de la Fuente said on Wednesday.
“I actually spoke with him yesterday, so I’m aware of what’s going on. He doesn’t have a specific injury, nothing serious, but he needs time to get back to his usual level.
“We’ll see in the remaining matches whether he truly gets the opportunity and delivers the performances.”
De la Fuente added that Carvajal, who made just one appearance for Spain in 2025, would understand if he is left out of the squad for the World Cup, which is being held in the United States, Canada and Mexico from June 11 to July 19.
Carvajal, 34, is approaching the final weeks of his contract with Real and has struggled for game time this season amid competition from Trent Alexander-Arnold.
Spain begin their World Cup campaign against Cape Verde on June 15 and also face Saudi Arabia and Uruguay in Group H.
French universities are now offering 1 euro meals to all students, regardless of income, as part of a government-backed effort to ease financial pressure amid rising living costs. The move follows growing concern over student hardship, with surveys showing many young people in France have skipped meals because they could not afford food.
A Russian drone strike has hit a kindergarten in Ukraine’s Sumy region, killing at least one person and injuring two others, Ukrainian officials said. The attack came as Kyiv accused Moscow of violating a unilateral ceasefire proposed by Ukraine amid competing truce announcements from both sides.
The pro-European Union coalition of Romanian Prime Minister Ilie Bolojan has collapsed after a 281-4 vote of no confidence. The Social Democrats, Bolojan’s allies, sided with far-right parties to oust the prime minister. The leu, Romania’s currency, fell to a record low against the euro before Tuesday’s vote.
Spain has granted permission for a luxury cruise ship hit by a deadly hantavirus outbreak and anchored off the coast of Cape Verde to sail to the Canary Islands.
Spain’s Ministry of Health said in a statement late on Tuesday that the World Health Organization (WHO) had explained that Cape Verde in West Africa was unable to receive the 147 crew and passengers of the MV Hondius.
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“The Canary Islands are the closest location with the necessary capabilities,” it said. “Spain has a moral and legal obligation to assist these people, among whom are also several Spanish citizens.”
The ministry said it would receive a medical flight carrying the ship’s doctor, a Dutch national, who it said was gravely ill, following a formal request from the Dutch government.
A Dutch couple and a German national have died of the rare disease, which is usually spread from infected rodents through urine, droppings and saliva, on board the ship in early April. A British national, who was evacuated from the ship, is in intensive care in South Africa, officials said.
Two crew members require urgent medical care, according to the Dutch-flagged ship’s operator, Oceanwide Expeditions. Another person on board with a suspected case has only reported a mild fever.
Medical evacuations
The Spanish Health Ministry said the MV Hondius will journey on to the Canary Islands once those who need evacuation are taken off the ship.
The Dutch government said earlier on Tuesday that it was preparing to receive the evacuated passengers. Oceanwide Expeditions said the journey to the Canary Islands will take three days of sailing and that the MV Hondius will dock in either Gran Canaria or Tenerife.
When the rest of the crew and passengers arrive in the Canary Islands, they will be examined, treated and repatriated to their respective countries, Spain’s Health Ministry said, in coordination with the European Centre for Disease Prevention and Control and the WHO.
All necessary safety measures would be taken, the ministry said, with medical care and transportation provided in special facilities and vehicles to avoid contact with the local population and protect health workers.
According to the WHO, the cruise ship, which set sail from Ushuaia, Argentina, on April 1 for Cape Verde, had 88 passengers and 59 crew members from 23 countries on board.
A WHO official said on Tuesday that she suspected some rare human-to-human transmission had occurred between close contacts on board the ship.
“We do believe that there may be some human-to-human transmission that’s happening among the really close contacts, the husband and wife, people who have shared cabins,” Maria Van Kerkhove, the director of epidemic and pandemic preparedness and prevention at the WHO, told reporters in Geneva.
Van Kerkhove also sent a direct message to the people on board.
“We just want you to know we are working with the ship’s operators,” she said. “We are working with the countries where you are from. We hear you. We know that you are scared.”
Andes strain
Human-to-human transmission is not common, and the WHO reiterated that the risk to the wider public was low, adding that it had been told that “there are no rats on board” the ship.
A limited spread among close contacts has been observed in some previous outbreaks of the Andes strain of the virus, which spreads in South America, including Argentina.
Van Kerkhove said the typical incubation period for hantavirus was between one and six weeks, leading the WHO to believe that the Dutch couple, who had been travelling in Argentina before boarding the cruise, “were infected off the ship”.
Other cases may also have been infected while on bird-watching trips to islands where birds and rodents live, the WHO said.
Such trips are part of the cruise.
The Hondius is carrying mostly British, American and Spanish passengers on the luxury cruise, which set off from the southern tip of Argentina in late March.
The cruise visited the Antarctic Peninsula, South Georgia and Tristan da Cunha, some of the remotest islands on the planet.
The voyage was marketed as an Antarctic nature expedition, with berth prices ranging from 14,000 to 22,000 euros ($16,000 to $25,000).
The first stricken passenger, the Dutch man, died on April 11. His body remained on board until April 24, when it “was disembarked on St Helena, with his wife accompanying the repatriation”, Oceanwide Expeditions said.
His wife had gastrointestinal symptoms when she was disembarked, and deteriorated during a flight to Johannesburg. She died upon arrival at the emergency department on April 26, the WHO said, adding that contact tracing was under way for passengers on the flight.
South African authorities have confirmed that the British patient, who is being treated in a Johannesburg hospital, tested positive for the hantavirus.
Holders PSG, who beat Arsenal in the semifinals last year, have a 5-4 lead ahead of the second leg in Munich on Wednesday.
It was a cathartic night for Arsenal, who are back in the Champions League final for the first time since losing 2-1 to Barcelona in their only previous appearance in the showpiece in 2006.
Arsenal have never won the Champions League, with their two major European trophies coming in the 1994 Cup Winners’ Cup and the 1970 Inter-Cities Fairs Cup.
Their last continental final ended in a 4-1 defeat against Chelsea in the 2019 Europa League.
It is shaping up to be Arsenal’s greatest ever season as they chase a Premier League and Champions League double.
Even Arsene Wenger’s “Invincibles”, who won the club’s last English title in an unbeaten top-flight campaign in 2004, might have to bow to the current generation if they finish the job.
Fittingly, it was Saka, the homegrown symbol of the Arteta era, who proved Arsenal’s match-winner.
Now just four games from immortality, Premier League leaders Arsenal were given a huge boost in the title race when second-placed Manchester City drew at Everton on Monday.
The Gunners will be crowned champions if they win their last three games against West Ham United, Burnley and Crystal Palace.
Once the title is decided, Arsenal will head to Hungary with a maiden Champions League crown in their sights.
Arsenal endured jibes about their perceived lack of mental strength after a run of four defeats in six games, in all competitions, sparked painful memories of previous failures to end their six-year wait for silverware.
But the “nearly-men” and “serial choker” labels applied only weeks ago are on the verge of being banished forever.
Thousands of Arsenal supporters massed outside the stadium before kickoff to greet their team with flares and flags, a vociferous display of affection underlining Arsenal’s desperation to make history.
It was the kind of evening in north London when nothing was beyond the realm of possibility as Arsenal moved closer to casting off the shackles of two decades of underachievement.
After some tense performances during the Premier League run-in, Saturday’s 3-0 rout of Fulham showed Arsenal at their flowing best, a riposte to the critics who claim they only win ugly.
This was a more prosaic display, but no one with an affinity for Arsenal was bothered in the slightest.
Arsenal were nearly caught on the counter in a frenetic start when Julian Alvarez shot just wide before Giuliano Simeone’s close-range effort deflected past the post.
But Arsenal recovered from those anxious moments to deliver a dominant spell, which brought their 44th-minute goal.
Viktor Gyokeres’s clever run unhinged the Atletico defence, and his cross reached Leandro Trossard inside the area.
Trossard wriggled into just enough space for a low drive that Jan Oblak weakly pushed out to Saka, who reacted quicker than his flat-footed markers to slot home from 4 yards (3.7 metres).
Arteta jubilantly punched the air as the Emirates erupted into a roiling red sea of celebration.
Atletico tried to ruin the party in the second half, but Gabriel Magalhaes made a last-ditch tackle on Simeone to avert a certain goal before David Raya repelled Antoine Griezmann’s blast.
Arteta recently revealed that he had visualised Arsenal conquering the Champions League, even in the difficult early days of his reign.
The Spaniard is now just one win away from seeing the daydream become a glorious reality.
Members of the now-banned Palestine Action group raided Elbit Systems’ facility in Bristol 10 months into Israel’s genocidal war on Gaza.
Published On 5 May 20265 May 2026
Four of six British pro-Palestinian activists have been convicted of criminal damage relating to a 2024 raid on a factory operated by Israeli defence firm Elbit, with one of the defendants found guilty of striking a police officer with a sledgehammer.
London’s Woolwich Crown Court on Tuesday found Charlotte Head, 30, Samuel Corner, 23, Leona Kamio, 30, Fatema Zainab Rajwani, 21, guilty. Zoe Rogers, 22, and Jordan Devlin, 31, were found not guilty.
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Prosecutors said that the six defendants were members of the banned group Palestine Action, which organised the assault on the Elbit Systems UK facility in Bristol, southwest England, in August 2024.
The raid, which prosecutors said caused about one million pounds ($1.36m) of damage, took place about 10 months into Israel’s genocidal war on Gaza that began in October 2023.
Palestine Action was later proscribed under “terrorism” law, a decision which was ruled unlawful by London’s High Court, though the group remains banned pending the government’s appeal, which was heard last week.
Acquitted of aggravated burglary
Corner, who prosecutors said struck a police officer with a sledgehammer, was convicted of inflicting grievous bodily harm.
Each of the defendants gave evidence in front of the jury, admitting that they damaged Israeli military drones and equipment inside Elbit’s research and development facility in Filton, Bristol – in order to “save lives in Palestine”, according to a statement by their lawyers.
The defence team of the defendants said in a statement: “The defendants already defeated the most serious charges” and “they went into this trial with their heads held high and with the knowledge that no matter the verdict, by destroying Israeli military drones, their action likely saved lives in Palestine”.
Tuesday’s verdicts follow an earlier trial, after which all six defendants were acquitted of aggravated burglary, and the previous jury could not reach verdicts on the criminal damage charges.
Prosecutors later dropped charges of violent disorder against all six defendants.
The UK government proscribed Palestine Action in July, days after its activists sneaked into an air force base in southern England.
Elbit Systems is a defence technology company with about 20,000 staff and revenues of $2bn, according to the firm’s website.
The incident in London comes after the UK’s national threat level was raised to severe last week.
Published On 5 May 20265 May 2026
British counterterrorism police are investigating an arson attack at a former synagogue in London, the lates in a wave of attacks targeting the Jewish community in the United Kingdom’s capital.
Officers said they responded to the incident early on Tuesday in the Tower Hamlets borough.
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Police said no one was injured in the arson attack but confirmed the fire was deliberately set, adding that a set of gates and a lock at the front of the building sustained minor damage.
Last week, the UK’s national threat level was raised to “severe”, meaning an attack is considered highly likely. The government said the increase was due to what it described as a “broader Islamist and extreme right-wing terrorist threat” posed by individuals and small groups in the UK.
The arson attack came just hours before Prime Minister Keir Starmer held a meeting at his London residence focused on tackling anti-Semitism. The government said the meeting was arranged in response to rising anti-Semitism in the UK after two attacks last week in which two Jewish men and one Muslim man were stabbed in London.
Several arson attacks have occurred at synagogues and Jewish sites in London since late March.
“We are taking this incident extremely seriously, and we will be working closely with colleagues from counterterrorism policing to support the investigation,” Detective Chief Superintendent Brittany Clarke said. “The building targeted has not been operational as a synagogue for some years, but that will be of little comfort to the Jewish community in Tower Hamlets, Hackney and beyond, who are first in my thoughts this morning.”
Starmer said he was fast-tracking legislation in response to the increase in attacks, calling the situation a “crisis”.
Dealing with emissions could help alleviate effects of Iran crisis on global energy supply, says report.
Published On 4 May 20264 May 2026
Tackling methane emissions in the fossil fuel sector would help efforts to hold back climate change and increase energy security, especially as the Iran crisis threatens global supplies, according to a report by the International Energy Agency (IEA).
The oil, gas and coal industries account for about 35 percent of all methane emissions from human activity, notes the IEA’s Global Methane Tracker 2026, released on Monday. However, there is little progress in reducing them, the report points out.
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“There is still no sign that methane emissions from fossil fuel operations are falling, despite well-known and proven mitigation pathways,” the IEA said.
Methane, the second-biggest contributor to climate change, stays in the atmosphere for far less time than carbon dioxide, but its warming effect is roughly 80 times more potent over a 20-year period.
The IEA estimates that methane emissions from oil, gas and coal total 124 million tonnes a year. Oil is the largest source at 45 million tonnes (Mt), followed by coal at 43 Mt, and natural gas at 36 Mt.
“A further 20 Mt comes from bioenergy production and consumption, largely from the incomplete combustion of traditional biomass used for cooking and heating in developing economies,” the report added.
Oil prices have soared since the United States and Israel launched their war against Iran in late February and Tehran closed the Strait of Hormuz in response. An April ceasefire between the sides is currently holding, but global energy supplies remain limited.
The ongoing crisis is reshaping the global energy system and disrupting about 20 percent of global liquefied natural gas (LNG) trade flows.
Nearly 100 billion cubic metres of natural gas could be made available annually through a global effort to cut methane from oil and gas operations, the IEA said, estimating that nearly 15 billion cubic metres could be made available in a sufficiently short period of time to provide some relief to gas markets.
A further 100 billion cubic metres would be unlocked through the elimination of non-emergency flaring worldwide, it added.
Paris initiative
France, using its role as rotating chair of the Group of Seven (G7) bloc of industrialised powers, convened government officials, industry leaders and experts on Monday to build momentum on cutting methane emissions.
The conference aimed at reducing methane emissions ahead of the United Nations’ November COP31 summit.
“I sincerely hope that the discussions we will have today will enable us to join our forces to accelerate the implementation of effective solutions to reduce methane emissions,” French Ecological Transition Minister Monique Barbut said in a speech.
“Of course, action on methane is not a fight of any single actor and nobody can win it alone,” she added, noting that the world remains “very far” from meeting a pledge to cut methane emissions by 30 percent by 2030 compared with 2020 levels.
“Reducing methane emissions remains one of the best things we can do to slow global warming while cleaning up our air, improving public health, and increasing our energy security,” British Secretary of State for Energy Security Ed Miliband said in a video message.
YEREVAN, Armenia — European leaders on Monday said President Trump’s surprise decision to pull thousands of U.S. troops out of Germany is just the latest signal that Europe must take more responsibility for its security.
The Pentagon announced last week it would pull some 5,000 troops out of Germany, but Trump told reporters on Saturday the U.S. plans on “cutting a lot further.”
Trump offered no reason for the move, which blindsided NATO. But his decision came amid an escalating dispute with German Chancellor Friedrich Merz, who said the U.S. has been humiliated by Iran in talks to end the war it launched with Israel on Feb. 28. Trump has also expressed anger over European allies’ reluctance to get involved in the conflict.
European leaders meeting at a summit in Yerevan, Armenia, sought to both downplay the impact of 5,000 fewer troops in Germany while acknowledging that it provides a useful nudge for the continent to step up its role within NATO.
“I do not see those figures as dramatic, but I think they should be handled in a harmonious way inside the framework of NATO,” said Norwegian Prime Minister Jonas Gahr Støre.
British Prime Minister Keir Starmer said “there needs to be a stronger European element in NATO, I have no doubt about that.”
Tensions within NATO have mounted since the second Trump administration came into office last year warning that European allies would have to defend themselves and Ukraine in the future. Talks on ending the war there, now in its fourth year, have bogged down as the U.S. focuses on Iran.
Taken by surprise
The European Union’s foreign policy chief, Kaja Kallas, said the timing of Trump’s announcement came as a surprise, even though there has been “talk about withdrawal of U.S. troops for a long time from Europe.”
Asked whether she believes Trump is trying to punish Merz, Kallas said: “I don’t see into the head of President Trump, so he has to explain it himself.”
Merz did not attend the European Political Community summit in Yerevan, which included about 30 European leaders, plus Canadian Prime Minister Mark Carney.
At a military exercise in northern Germany, the country’s defense minister, Boris Pistorius, said Berlin has not yet received “official confirmation of when and how this is supposed to happen, on what scale.” The reduction of U.S. troops “would not put into question NATO’s deterrence capability,” he added.
European countries and Canada have increased defense spending and military recruitment efforts over the last year in response to Trump’s threats.
NATO seeks clarity
NATO Secretary-General Mark Rutte also played down the significance of fewer U.S. troops in Germany, while acknowledging U.S. “disappointment” about the level of European support for the Iran war.
France and the U.K. have given U.S. forces limited use of bases on their territories to attack Iran. Spain has outright denied U.S. forces the use of its airspace and bases.
Rutte, who has championed Trump’s leadership at NATO despite the U.S. president’s criticism of a majority of the allies, said: “I would say the Europeans have heard a message.”
European allies and Canada have known since early last year that Trump would pull some troops out of Europe — and some were pulled out of Romania in October — but U.S. officials had pledged to coordinate any moves with NATO allies to avoid creating a security vacuum.
NATO spokesperson Allison Hart said over the weekend that officials at the 32-nation military alliance “are working with the U.S. to understand the details of their decision on force posture in Germany.”
Iran and trade trouble
With the ceasefire between the U.S. and Iran looking shakier, Rutte said European nations “have decided to pre-position assets, key assets, close to the theater for the next phase.” He provided no further details.
European leaders have insisted their countries would not help police the Strait of Hormuz, a key energy trade route, until the war is over.
“If the United States is ready to reopen Hormuz, that’s great. That’s what we’ve been asking for since the beginning,” said French President Emmanuel Macron. But he underlined that Europeans are not ready to get involved in any operation “that does not seem clear.”
Carlson and Cook write for the Associated Press. Cook reported from Brussels. AP writer Geir Moulson in Berlin contributed to this report.