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Canada's Carney pushes 'new alliance' with EU despite Trump threats

The Japan Times

Canada's Carney pushes'new alliance' with EU despite Trump threats Canadian Prime Minister Mark Carney greets European Commission President Ursula von der Leyen after delivering a speech at the European Parliament in Strasbourg, France, on Thursday. Brussels - Canadian Prime Minister Mark Carney shrugged off a threat of U.S. retaliation Thursday as he pitched a "new alliance" with Europe as a bulwark against outside pressures, in a closely watched speech to the European Parliament. His speech came after EU chief Ursula von der Leyen suggested Canada could become the 27-nation bloc's first "associate member" in her annual State of the Union address on Wednesday. "Europe and Canada are stronger together," Carney said, in a speech that drew a standing ovation, saying his country welcomed the EU proposal and wanted deeper cooperation on issues from artificial intelligence to defense and energy. In a time of both misinformation and too much information, quality journalism is more crucial than ever.


Apollo mulls raising SoftBank loan to 9 billion for OpenAI bets

The Japan Times

SoftBank CEO Masayoshi Son (left) and OpenAI CEO Sam Altman attend an event in Tokyo in February 2025. Apollo Global Management is in talks with SoftBank Group about boosting the size of a loan to $9 billion from $5.4 billion to help the Japanese firm finance its investment in AI giant OpenAI. The size of the financing, which is backed by assets in SoftBank's Vision Fund 2, hasn't been finalized, the people said, requesting not to be identified because the discussions are private. Representatives for Apollo and SoftBank declined to comment. Apollo made the so-called net-asset-value (NAV) loan to SoftBank's venture capital fund in 2021 and boosted it by $900 million last year to $5.4 billion.


Russia's attacks on Europe are getting more brazen and more dangerous

The Japan Times

Russia's attacks on Europe are getting more brazen and more dangerous Firefighters extinguish a fire inside a train carriage that was damaged by a drone strike near Ukraine's border with Poland on Saturday. Over the course of the summer, Russian attacks have been pushing ever deeper into European territory. On Aug. 11, military divers destroyed two drones floating off the coast of Romania near a €4 billion ($4.7 billion) energy project. Nine days later, Bucharest scrambled two F-16s to take out a maritime drone near the same Black Sea gas platform with hundreds of workers on board. Earlier that month, German police detected an armed UAV at Leipzig airport, while this week NATO jets downed another unmanned aircraft that entered Lithuanian airspace from neighboring Belarus, an ally of Moscow.