EU Kids Act: The European Commission unveiled a bloc-wide plan to restrict children’s social media use, with access under parental supervision from age 13 and personal accounts only from 15, plus limits on addictive design features and profiling-based feeds; the proposal also targets chatbots and gaming features and would require platforms to pay a supervisory fee to fund enforcement. EU-Canada “associate member” push: Prime Minister Mark Carney backed the EU’s offer for Canada to become the bloc’s first “associate member,” arguing it’s about resilience and sovereignty as Trump threatens “very serious” tariffs; Carney also floated Canadian involvement in Erasmus+ and interest in Horizon research funding. Ukraine defence funding: Von der Leyen said the EU will disburse €3.3bn for Ukraine to procure missiles and drones. Russia escalation warnings: Italy’s premier Giorgia Meloni warned that Putin is seeking escalation with Europe and urged countries not to react in ways that help Moscow. Migration and returns: Greece and four EU states are in advanced talks on an offshore return hub for people with no legal right to stay, with operations targeted for 2H 2027. EU external action: The EU condemned Houthi attacks targeting Mecca and Saudi Arabia, urging an end to military action. Climate/markets backdrop: Markets closed higher as investors weighed central bank moves, while the Bank of England held rates.