After much foot-dragging, the European Commission proposed a cap on the price it will pay for natural gas yesterday. Fifteen of the union’s members had proposed such a cap to limit Russian energy revenues due to spiking gas prices since Moscow’s invasion of Ukraine, but a group of members led by Germany are opposed to it.
As the U.N. COP27 Climate Change Summit enters its final days, all eyes are on delegations from rich, industrialized countries to see if they will continue to resist demands from developing countries in the Global South for “loss and damage” payments, which would compensate them for the impacts of climate change.
Italy’s new far-right prime minister, Giorgia Meloni, is in Brussels today for her first meetings with EU leaders. Such pro forma courtesy visits to Brussels are commonplace, but hers raises the question of how the bloc’s other leaders will manage the optics of working closely with Italy’s first far-right leader since World War II.