Our daily dance around the world

🇪🇺 The EU filed an antitrust complaint against Meta yesterday that carries a potential fine of up to $11.3 billion. The EU’s executive arm accused the tech giant of breaching antitrust laws by handicapping competitors of its own classified ads service – Facebook Marketplace – that attempt to advertise on FB or Instagram. A separate EU investigation launched in June 2021 is focusing on whether Meta unfairly uses advertisers' data to give itself an edge in the online classified ads sector.

🇷🇺 Russia launched dozens of self-detonating drones in Kyiv yesterday morning, damaging critical infrastructure. The assault, which knocked out power to three areas in the region, marks Moscow’s third air attack on the city over the past six days. Ukrainian forces said they managed to shoot down 30 of the 35 kamikaze drones before they detonated. The fresh missile strikes came days after Ukrainian authorities’ brought nine damaged power stations back online, restoring electricity to some 6 million residents.

🌎 The UN’s COP 15 biodiversity conference reached a new global deal to protect more of the Earth’s land and water. The new agreement, which covers every nation in the world except the US and the Vatican, includes a commitment to protect 30% of land and water considered important for biodiversity before the end of the decade, up from 17% of terrestrial and 10% of marine areas that are currently protected. Overall, the deal lays out a suite of 23 environmental targets. But it’s probably worth mentioning that the group’s last ten-year agreement failed to achieve any of its 20 goals on a global scale.