Business Daily

In Business Weekly, we look at the implications of the European Court of Justice clearing the way for the European Union to cut billions of euros in funding to Poland and Hungary. Judges dismissed a challenge by the two nations, with the court ruling that the EU can suspend funding to member states that violate the bloc’s democratic values. Sophie Pornschlegel at the Brussels-based European Policy Centre explains how the cut in funding will hit both countries’ economies. Also, we hear why India has banned more than fifty Chinese mobile apps, claiming they pose a threat to national security. Amit Bhandari, a senior fellow for energy investment and connectivity at Gateway House, tells us about the power dynamics between the Asian giants. After years of delays, the green light for what will be the largest heated oil pipeline in the world has been given. Running from Uganda to the cost of Tanzania, the pipeline is being heralded as an economic boon for both countries, but has been fiercely opposed by activists wh