European Union leaders plan to hold emergency talks to agree ways to quickly increase their military budgets after the Trump administration signaled Europe must take care of its own security and also suspended assistance to Ukraine.

Attempt to ease rift between White House and Europe follows decision to suspend military aid to Ukraine in its battle with Russian army

“For France, Brexit was a gift,” said Fashion Roundtable CEO Tamara Cincik. “We gifted our prominence in terms of talent and profile, while a business-savvy French government saw an opportunity … all while inducing customers to shop there for their high-end purchases.”

The EU defense spending surges 122% in a decade. Learn how this increase impacts military capabilities and NATO relations.

Europe urgently needs to rearm and member states must be given the fiscal space to carry out a surge in defence spending, European Commission President Ursula von der Leyen said on Sunday after a meeting about support for Ukraine.

CTOs and CIOs should establish a robust governance framework to ensure compliance, minimize risk and drive responsible AI adoption.

A move by the European Commission to pare back its flagship sustainability reporting rules risks making it harder for investors to decide where to put their money to help the bloc reach its climate goals.