Europäische Union

Quelle : © Europäische Union, 2026 - EP

In einer Zeit wachsender geopolitischer Spannungen haben die Bürgerinnen und Bürger immer größere Zukunftssorgen und erwarten von der EU ein geschlossenes und ambitioniertes Handeln.

Quelle : © Europäische Union, 2026 - EP

Five of the world’s most active and largest sovereign wealth funds are to be found in the Gulf Region: the Saudi Public Investment Fund (PIF), the Qatar Investment Authority (QIA) and the United Arab Emirates’ Abu Dhabi Investment Authority (ADIA), Mubadala and ADQ. These funds not only serve to convert oil revenues into investment capital, thereby enabling the transition from rent-based to more diversified economies; they also contribute to expanding the foreign policy capabilities of the countries in which they are based. Institutional and personnel linkages enable the Saudi, Qatari and UAE governments to deploy their funds strategically, which, in turn, allows them to significantly expand their hard, soft, and sharp power – for exam­ple, through domestic and foreign investments in sectors such as armaments, media, sports and new technologies as well as through co­operation with politically influential actors. At the same time, the Gulf monarchies seek to portray their sovereign wealth funds as apolitical and purely profit-oriented – a narrative that is facilitated by the establish­ment of subsidiaries or cooperation with private equity firms. Understandably, Germany and its European partners have an interest in attracting sovereign wealth funds as investors, but they must not overlook the risks involved. These include third parties gaining access to critical infra­structure, sensitive military and security technology being leaked and the Gulf monarchies exercising political influence. Further, Germany and the EU must take a more fundamental look at how the three Gulf monarchies have increased their foreign policy options through the sovereign wealth funds. This is important as the actions of Saudi Arabia, the UAE and Qatar – at both the regional and international level – are at times contrary to German and European interests.

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The fossil-fuel foreign policy of the United States under President Donald Trump has intensified the conflict between petrostates and electrostates in international climate politics. At COP30 in Belém in November 2025, this cleavage was particularly evident in the dispute over a roadmap for the Transition Away from Fossil Fuels (TAFF). While an increasing number of countries regard TAFF as a necessary consequence of the global energy transition, fossil fuel producers prevented any substantive progress being made. The conference highlighted the structural limits of the capacity of the United Nations Framework Convention on Climate Change (UNFCCC) to mediate this dis­tri­bu­tional conflict. As a result, the EU faces a strategic dilemma: to further politicise the COP process around TAFF or to prioritise the stabilisation of key mechanisms of the Paris Agreement. Whether it can overcome that dilemma will become apparent during the run-up to the next global stocktake, which is due at COP33 in India in 2028.

Lockheed Martin completed the first demo of the Sniper Networked Targeting Pod, validating the new real-time data sharing capability between F-16s and ground stations. Lockheed Martin has completed a multi-aircraft flight demonstration of its new Sniper Networked Targeting Pod (NTP), validating the new capability to exchange targeting data in real-time between two F-16 fighters and […]

AMENDMENTS 149 - 156 - Draft opinion Interim report on the proposal for the multiannual financial framework for 2028-2034
Committee on Security and Defence
Marie-Agnes Strack-Zimmermann

Source : © European Union, 2026 - EP

Source : © European Union, 2026 - EP

New Delhi has vowed to stop purchasing Russian oil in exchange for reduced U.S. tariffs.