German Greens See Chance for Defense Spending Deal This Week
Germany's Greens are ready to negotiate and see chances for an agreement by the end of this week in a dispute over defense spending with the country's prospective next ruling coalition led by chancellor-in-waiting Friedrich Merz.
'We really need Europe to speed up its defense spending,' the Green party's co-head Franziska Brantner said Tuesday in a Bloomberg TV interview. The defense bill presented by the conservatives and the Social Democrats was very narrow, and didn't include intelligence or support for Ukraine, she said.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New York Post
4 hours ago
- New York Post
Oil prices rise as Israel-Iran conflict heightens fears of supply disruptions
Oil prices jumped in early Asian trade on Monday after Israel and Iran launched fresh attacks on Sunday, heightening fears that escalating battle could trigger a broader regional conflict and widely disrupt oil exports from the Middle East. Brent crude futures rose $2.37, or 3.2%, to $76.60 a barrel, while US West Texas Intermediate crude climbed $2.39, or 3.3%, to $75.37. They surged more than $4 earlier in the session. Both benchmarks settled 7% higher on Friday, having surged more than 13% during the session to their highest levels since January. 3 Oil prices spiked in early Monday trading after Israel and Iran launched new attacks against each other on Sunday. Bloomberg via Getty Images 3 Fire and smoke rise into the sky after an Israeli attack on the Shahran oil depot on June 15, 2025 in Tehran, Iran. Getty Images The latest exchange of strikes between Israel and Iran resulted in civilian casualties and intensified fears of a broader regional conflict, with both militaries urging civilians on the opposing side to take precautions against further strikes. 3 A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on June 13, 2025, in New York City. AFP via Getty Images German Chancellor Friedrich Merz said he hoped a meeting of the Group of Seven leaders convening in Canada on Sunday would reach an agreement to help resolve the conflict and keep it from escalating. Meanwhile, Iran has told mediators Qatar and Oman that it is not open to negotiating a ceasefire while it is under Israeli attack, an official briefed on the communications told Reuters on Sunday, as the two foes launched fresh attacks and raised fears of a wider conflict.
Yahoo
5 hours ago
- Yahoo
Israel-Iran battle escalates, will be high on agenda as world leaders meet
By Alexander Cornwell, Parisa Hafezi and Jeff Mason TEL AVIV/DUBAI/WASHINGTON (Reuters) -Israel and Iran kept up their attacks, killing and wounding civilians and raising concern among world leaders meeting in Canada this week that the biggest battle between the two old enemies could lead to a broader regional conflict. The Iranian death toll in four days of Israeli strikes, carried out with the declared aim of wiping out Iran's nuclear and ballistic missile programs, had reached at least 224, with 90% of the casualties reported to be civilians, an Iranian health ministry spokesperson said. At least 10 people in Israel, including children, have been killed so far, according to authorities there. Group of Seven leaders began gathering in the Canadian Rockies on Sunday with the Israel-Iran conflict expected to be a top priority. German Chancellor Friedrich Merz said his goals for the summit include for Iran to not develop or possess nuclear weapons, ensuring Israel's right to defend itself, avoiding escalation of the conflict and creating room for diplomacy. "This issue will be very high on the agenda of the G7 summit," Merz told reporters. Before leaving for the summit on Sunday, U.S. President Donald Trump was asked what he was doing to de-escalate the situation. "I hope there's going to be a deal. I think it's time for a deal," he told reporters. "Sometimes they have to fight it out." Iran has told mediators Qatar and Oman that it is not open to negotiating a ceasefire while it is under Israeli attack, an official briefed on the communications told Reuters on Sunday. FIRST DAYLIGHT ATTACK ON ISRAEL Explosions shook Tel Aviv on Sunday during Iran's first daylight missile attack since Israel's strike on Friday. Shortly after nightfall, Iranian missiles hit a residential street in Haifa, a mixed Jewish-Arab city, and in Israel's south. In Bat Yam, a city near Tel Aviv, residents braced on Sunday evening for another sleepless night after an overnight strike on an apartment tower. "It's very dreadful. It's not fun. People are losing their lives and their homes," said Shem, 29. Images from Tehran showed the night sky lit up by a huge blaze at a fuel depot after Israel began strikes against Iran's oil and gas sector - raising the stakes for the global economy and the functioning of the Iranian state. Brent crude futures were up $1.17, or 1.6%, to $75.39 a barrel by 0015 GMT, while U.S. West Texas Intermediate crude futures gained $1.11, or 1.6%, to $74.14. They had surged more than $4 earlier in the session. TRUMP VETOES PLAN TO TARGET KHAMENEI, OFFICIALS SAY In Washington, two U.S. officials told Reuters that Trump had vetoed an Israeli plan in recent days to kill Iran's Supreme Leader Ayatollah Ali Khamenei. When asked about the Reuters report, Netanyahu told Fox News on Sunday: "There's so many false reports of conversations that never happened, and I'm not going to get into that." "We do what we need to do," he told Fox's "Special Report With Bret Baier." Israel began the assault with a surprise attack on Friday that wiped out the top echelon of Iran's military command and damaged its nuclear sites, and says the campaign will escalate in coming days. The intelligence chief of Iran's Revolutionary Guards, Mohammad Kazemi, and his deputy were killed in attacks on Tehran on Sunday, Iran's semi-official Tasnim news agency said. Iran has vowed to "open the gates of hell" in retaliation. TRUMP WARNS IRAN NOT TO ATTACK Trump has lauded Israel's offensive while denying Iranian allegations that the U.S. has taken part and warning Tehran not to widen its retaliation to include U.S. targets. Two U.S. officials said on Friday the U.S. military had helped shoot down Iranian missiles that were headed toward Israel. The U.S. president has repeatedly said Iran could end the war by agreeing to tough restrictions on its nuclear program, which Iran says is for peaceful purposes but which Western countries and the IAEA nuclear watchdog say could be used to make an atomic bomb. The latest round of nuclear negotiations between Iran and the U.S., due on Sunday, was scrapped after Tehran said it would not negotiate while under Israeli attack.
Yahoo
6 hours ago
- Yahoo
Oil prices rise as Israel-Iran conflict heightens fears of supply disruptions
TOKYO (Reuters) -Oil prices jumped in early Asian trade on Monday after Israel and Iran launched fresh attacks on Sunday, heightening fears that escalating battle could trigger a broader regional conflict and widely disrupt oil exports from the Middle East. Brent crude futures rose $2.37, or 3.2%, to $76.60 a barrel by 2207 GMT, while U.S. West Texas Intermediate crude climbed $2.39, or 3.3%, to $75.37. They surged more than $4 earlier in the session. Both benchmarks settled 7% higher on Friday, having surged more than 13% during the session to their highest levels since January. The latest exchange of strikes between Israel and Iran resulted in civilian casualties and intensified fears of a broader regional conflict, with both militaries urging civilians on the opposing side to take precautions against further strikes. German Chancellor Friedrich Merz said he hoped a meeting of the Group of Seven leaders convening in Canada on Sunday would reach an agreement to help resolve the conflict and keep it from escalating. Meanwhile, Iran has told mediators Qatar and Oman that it is not open to negotiating a ceasefire while it is under Israeli attack, an official briefed on the communications told Reuters on Sunday, as the two foes launched fresh attacks and raised fears of a wider conflict. Sign in to access your portfolio
