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EU Finance Ministers Push for Digital Euro Framework Amid Disagreements

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Finance ministers across the European Union are under mounting pressure to finalize a legal framework for a digital euro by the end of 2025, but divisions remain over privacy protections, limits on holdings, and the role of non-euro countries.

The push comes after EU leaders earlier this year urged ministers to accelerate talks on the project, seen as crucial to the bloc’s financial autonomy. Throughout July, negotiations in the Council of the EU gathered pace, with most governments backing the Danish presidency’s target of reaching a common position by late 2025.

Yet, several countries argue that more technical groundwork is required before moving forward. Germany’s Finance Minister Lars Klingbeil told colleagues in Brussels that the framework must guarantee “fair compensation models for banks, good distribution conditions, and a high level of privacy protection from day one.”

Other states raised additional concerns. Sweden has insisted the system must not overburden banks outside the eurozone. The Netherlands has pushed for strict holding limits to ensure the digital euro functions solely as a payment tool. Hungary has gone further, demanding a direct say over the issuance of the currency.

At the start of July, European Central Bank (ECB) Vice-President Luis de Guindos reiterated that no launch decision will be made until the legislative groundwork is completed. Both the Council and the European Parliament must adopt the framework before the ECB governing bodies decide whether to proceed, a step that would trigger a preparatory phase of about two and a half years.

De Guindos emphasized the urgency, warning that Europe’s growing reliance on U.S. payment providers threatens its financial independence. “Accelerating progress on the digital euro is essential to reduce our dependence on the U.S., as most electronic payment solutions are American,” he said. Currently, 13 of the 20 eurozone countries lack their own national card scheme, depending instead on international providers such as Visa and Mastercard.

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The recent approval of the U.S. Genius Act, which regulates dollar-pegged stablecoins, has further sharpened concerns in Europe. ECB Executive Board member Piero Cipollone warned in April that Washington’s support for stablecoins could undermine Europe’s financial stability, underscoring the need to strengthen the euro’s role through a digital alternative.

According to the Financial Times, the ECB is still weighing which technology to adopt, including the possibility of using a public blockchain such as Ethereum or Solana. The ECB confirmed to Euronews that it is testing both centralized and decentralized solutions but has not yet made a decision.

Consumer groups also argue that Europe must build its own infrastructure. Anna Martin, head of financial services at the European Consumer Organisation (BEUC), said, “Current geopolitical uncertainties show very clearly the necessity to reduce Europe’s dependency on non-European providers in strategic areas.”

Still, progress in the European Parliament has stalled. A draft report on the digital euro was tabled in February 2024 by German MEP Stefan Berger, but no vote has followed. After Berger stepped down, Spanish MEP Fernando Navarrete took over the file in April 2025. Despite appeals from the ECB to advance the legislation, Navarrete has yet to comment publicly on the delays.

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Pentagon Releases Decades of UFO Files but Finds No Evidence of Alien Life

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The United States government has released a large collection of previously classified files on unidentified flying objects, opening decades of reports and investigations to public scrutiny while stopping short of confirming any evidence of extraterrestrial life.

The Pentagon unveiled the first batch of documents through a newly launched online archive dedicated to Unidentified Anomalous Phenomena, commonly known as UAPs or UFOs. The release includes 162 files dating from 1948 to 2026, made up of videos, photographs, FBI reports, NASA records and diplomatic cables from the State Department.

The archive contains 120 PDF files, 28 videos and 14 images gathered from several federal agencies, including the Department of Defense, the FBI and NASA. Officials described the move as part of a wider effort to improve transparency surrounding unexplained aerial sightings that have fueled public fascination for decades.

Among the most discussed documents are reports connected to alleged experimental aircraft developed by Nazi Germany during World War II. One FBI document includes testimony from a man identified as Paul Peyerl, who claimed he witnessed a disc-shaped aircraft in Germany’s Black Forest in 1944.

According to the report, the object measured about 6.5 meters in diameter and featured rotating outer sections powered by jet engines. Peyerl stated he photographed the aircraft during a test flight and later provided copies of the images to investigators. He claimed the craft was designed by a German engineer named Kuehr, whose fate after the war remained unknown.

The FBI documents make clear that the agency offered no conclusions about the claims. Officials noted the records contain raw information and witness statements rather than verified findings.

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The archive also includes references to unusual sightings reported during space missions and military operations. One file mentions astronaut Buzz Aldrin observing a mysterious light source during the Apollo 11 mission, while another describes a bright object performing sharp turns over Kazakhstan.

A NASA image from the Apollo 17 mission in 1972 shows three unidentified dots arranged in a triangular formation. Pentagon analysts said there is still “no consensus” regarding what the objects might have been, although a recent preliminary review suggested they could represent physical objects rather than image distortions.

One FBI interview from 2023 details a drone operator reporting a glowing “linear object” visible for several seconds before disappearing suddenly.

Despite renewed public attention, officials stressed that none of the released material confirms alien technology or extraterrestrial contact. Experts also warned that many videos and photographs can easily be misunderstood without full technical analysis.

Several members of Congress have continued pressing for broader disclosure of classified information related to UFO investigations. Many of the newly released files still contain redactions intended to protect identities, locations and sensitive operations.

US President Donald Trump said the release allows the public to “decide for themselves” what the documents reveal.

The online archive, designed with vintage military imagery and typewriter-style text, is expected to expand as additional records are reviewed for declassification.

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Trump Administration Strategy Accuses Europe of Fueling Terrorism Through Migration

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The administration of Donald Trump intensified its criticism of Europe on Wednesday after unveiling a new counter-terrorism strategy that described the continent as an “incubator” for terrorism driven by mass migration and open-border policies.

The document, led by White House counter-terrorism coordinator Sebastian Gorka, argued that growing immigration and multicultural policies in Europe were contributing to instability and security threats across the region.

“It is clear to all that well-organised hostile groups exploit open borders and related globalist ideals,” the strategy stated. “The more these alien cultures grow, and the longer current European policies persist, the more terrorism is guaranteed.”

The report also warned that Europe, which it called the “birthplace of Western culture and values,” must reverse its current course or face continued decline. The language is expected to deepen tensions between Washington and several European allies already concerned about the administration’s increasingly confrontational rhetoric.

The latest criticism follows earlier comments in the Trump administration’s national security strategy released this year, which claimed Europe faced “civilisational erasure” because of immigration policies.

The new counter-terrorism plan broadens its focus beyond Islamist extremism and places strong emphasis on domestic ideological threats inside the United States. It specifically targets what the administration described as “violent Left-Wing Extremists,” including anarchist and anti-fascist groups.

The strategy also references “radically pro-transgender” organizations, accusing some activist movements of promoting anti-American ideologies. Officials said counter-terrorism agencies would prioritize identifying and neutralizing violent political groups considered threats to national stability.

The report cited the alleged killing of conservative commentator and Trump ally Charlie Kirk, claiming the suspect held extremist transgender-related views. Authorities have not publicly confirmed broader links between the case and organized political movements.

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Since returning to office last year, Trump has made cultural and identity issues central to his political agenda. His administration has introduced policies restricting transgender participation in women’s sports and issued executive orders recognizing only two genders under federal policy.

The strategy also places Latin American drug cartels at the center of US counter-terrorism operations, reflecting the administration’s growing focus on organized crime networks crossing the southern border.

European officials have yet to formally respond to the report, though the language is likely to draw criticism from governments already uneasy over Trump’s recent attacks on NATO allies and his accusations that European nations are failing to support US military efforts in the Middle East.

The document arrives at a sensitive moment for transatlantic relations as Western governments continue coordinating responses to conflicts in the Middle East and rising security concerns across Europe.

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Trump Criticises Pope Leo XIV as Dispute Over Iran and Peace Messaging Deepens

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US President Donald Trump has intensified his criticism of Pope Leo XIV, accusing the pontiff of undermining global security with remarks on war, immigration and diplomacy, in a dispute that risks straining relations between Washington and the Vatican.

In an interview with conservative commentator Hugh Hewitt, Trump claimed the pope’s statements were indirectly benefiting Iran and making the world “less safe.” He suggested that the pontiff’s emphasis on humane treatment of migrants and calls for restraint in conflict signaled indifference toward the threat of Tehran acquiring nuclear weapons.

“The pope would rather talk about the fact that it’s OK for Iran to have a nuclear weapon,” Trump said, adding that such a stance could endanger millions, including Catholic communities worldwide.

There is no record of Pope Leo XIV supporting nuclear proliferation. The Vatican has consistently opposed nuclear weapons and advocated for diplomatic solutions. Responding to the remarks, the pope rejected Trump’s claims, saying the Catholic Church has long spoken out against nuclear arms.

“There is no doubt about that,” he told reporters, reiterating that his calls for peace in the ongoing conflict involving Iran are rooted in longstanding church teachings. He added that his mission is to promote the Gospel and encourage dialogue, not to engage in political disputes.

The exchange comes ahead of a planned visit to the Vatican by US Secretary of State Marco Rubio, who is expected to meet senior church officials in what had been seen as an effort to maintain stable relations. Rubio, a practicing Catholic, defended Trump’s position, arguing that concerns over Iran’s nuclear ambitions are legitimate and widely shared.

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Tensions have also spilled into Italian politics. Prime Minister Giorgia Meloni, a close ally of Trump, has expressed unease over the president’s remarks about the pope. Italy’s Foreign Minister Antonio Tajani described the comments as unhelpful and inappropriate, stressing support for the pope’s message of peace and dialogue.

“I reaffirm my support for every action and word of Pope Leo,” Tajani said, adding that Italy remains committed to diplomatic efforts aimed at stability in conflict zones.

Rubio is also expected to meet Meloni and Tajani during his visit, as broader discussions continue on security, diplomacy and cooperation between the United States and its European partners.

The dispute highlights growing friction between political and religious leaders over how to address rising global tensions, particularly in the Middle East, where the conflict involving Iran continues to shape international debate.

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