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Europe’s Global Gateway – More “Brussels Bullsh*t”? – TLDR News

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Earlier in the week, the EU announced their Global Gateway – a network of infrastructure projects which many see as a potential rival to China’s Belt and Road Initiative. However, many have their doubts with the Economist branding it yet more “Brussells B*llshit”. So in this video, we’re going to unpack what the plan involves and if the EU is just to late to this fight.

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1 – https://www.economist.com/europe/why-bullshit-rules-in-brussels/21806565
2 – https://ec.europa.eu/commission/presscorner/detail/en/ip_21_6433
3 – https://www.theguardian.com/cities/ng-interactive/2018/jul/30/what-china-belt-road-initiative-silk-road-explainer
4 – https://www.worldbank.org/en/topic/regional-integration/brief/belt-and-road-initiative
5 – https://www.morganstanley.com/ideas/china-belt-and-road
6 – https://european-union.europa.eu/institutions-law-budget/budget/spending_en
7 – https://www.politico.eu/article/eu-makes-late-bid-to-rival-china-on-the-silk-road/

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39 Comments

39 Comments

  1. @TLDRnewsEU

    March 7, 2024 at 1:17 am

    Sorry for a couple of errors in this video:
    – You guys are absolutely right that I made an animation mistake on this one, mixing up $ and € symbols
    – I also misspoke when recording the line "developing countries, especially in Africa, are desperate for credit"

    When it comes to bias and the use of sources. People are absolutely right that the title/content of the Economist article is provocative, and that's why we chose to feature that one over others in the video. We absolutely did use other sources, but the Economist's take is so different from their normal very neutral coverage (https://mediabiasfactcheck.com/the-economist/) that we thought it was worth examining why they made such a bold call on this instance. I'd also say it's disingenuous to claim that the Economist is being anti-EU because they're British. The Economist is certainly not an anti-EU pro-Brexit publication and I think even if you support the EU fully you should still be willing to critique them and examine the decisions they're making (especially when their budgets stretch into the hundreds of billions).

    Going forward we will be ensuring that the scriptwriters see the finished videos as often as possible, in an attempt to catch errors as this and we've also spoken to the writing team about the use of sources and ensuring the continuation of balanced coverage. We really appreciate your feedback and hope we can improve on the back of this – Jack

  2. @jeanclaudegombaniro320

    March 7, 2024 at 1:17 am

    After two years, it turns out this Global Gateway was just EU bullshit from EUROPE. China plan is not perfect but it gives results

  3. @richiesd1

    March 7, 2024 at 1:17 am

    We shall see what amazing infrastructure the the European Union builds for the world. I wish them the best but I doubt there will be any single amazing project.

    The money will all be spent on European consultants 5-star jet setting around the world, and helicopter to job sites. And the poor borrowing countries will have to pay the debts over decades.

  4. @wil_wilqueen3552

    March 7, 2024 at 1:17 am

    One years since the global gateway announced , where is the 300B Euro

  5. @QUANT_PAPA

    March 7, 2024 at 1:17 am

    global gateway is QUANT overledger network

  6. @travelingonline9346

    March 7, 2024 at 1:17 am

    You have to remember that the EU is not an individual state but a sometimes more somtimes less loose association of states who pool some of their resources. They are slow in formulating a common policy on a topic, here foreign development. As a general rule it always starts with a lot of hot air and nice flowery language, but in time they will get somewhere…

  7. @shindersamra4020

    March 7, 2024 at 1:17 am

    👎🏻👎🏻👎🏻👎🏻

  8. @pottertheavenger1363

    March 7, 2024 at 1:17 am

    As a Mexican I'd rather have closer ties to Europe than China. We already have Audi factories and Germany's our fifth largest trade partner.
    As long as there are fair deals, this competition could be for the best.

  9. @ibrahimn22

    March 7, 2024 at 1:17 am

    It's time for China to step up and lift the poor countries up.
    China has stepped up in a big way .
    West are too selfish to do something like BRI

  10. @Birdylockso

    March 7, 2024 at 1:17 am

    To summarize this European initiative, I shall quote the acronym from the Africans, "NATO," which stands for No Action, Talk Only. 😂 That is what they think of the Western colonial powers when it comes to aids for Africa.

  11. @brevedad1

    March 7, 2024 at 1:17 am

    so now we know what means it, just look at kazakhstan.

  12. @TheyCalledMeT

    March 7, 2024 at 1:17 am

    wow everything you quoted in the first 2 minutes was nothing but hot air, sounds good, nice .. political talking points without saying anything … gosh the EU realy is a beurocratic super apparatus which will destroy europe from inside out …

  13. @Molhedim

    March 7, 2024 at 1:17 am

    "more brussels bullshit"? what the fuck is that title? I subscribed to this channel to get good news about europe, not stupid clickbait titles, especially ones that appeal to brexiters/euroskeptics. Such a shame.

  14. @rodmarker2071

    March 7, 2024 at 1:17 am

    Look the UK left , so now we can try a few creative ideas. It's breat the Economist calls out Bullhite, but look at Boris and truly Global Britain – whine whine moan … Im just glad I voted with my feet and emigrated.

  15. @relaxwhc

    March 7, 2024 at 1:17 am

    It's like comparing Greta Thunberg with Liziqi 😂💥
    One is a talker, the other one is a doer.

  16. @relaxwhc

    March 7, 2024 at 1:17 am

    Global Gateway will surely come with string attached, especially their "Democratic" terms and conditions 😂 (western arrogance)
    I wish them great failure 😂💥

  17. @pvb3562

    March 7, 2024 at 1:17 am

    What do you mean "more"? That seems like a very biased brexitard title, that. No one says "brussels bullshit" except brits. Maybe you should realise how biased you are. maybe it's that brexit stuff from a couple years ago that made the UK "just another country" and the EU "a superpower without the UK" that might be shading your views a little? Hm? I suspect you might be a little bitter from the realisation of your own insignificance.
    Food for thought.

  18. @pvb3562

    March 7, 2024 at 1:17 am

    2:40 apparently "us dollars" = "€" now, does it? Another quality-checked video by TLDR.

    A brit slacking off a European effort to counter China. Ok great, now please make a video about the UK's effort to counter China. Oh right.

    While you cast doubt on a 300 billion "us dollar" european initiative, we might be casting doubt back at you for your… what. Local pub initiative? Maybe that "new space centre" up in scotland? You're a tiny little speck of a country criticising a superpower initiative, while we might just as well criticise your shitty regional 1-out-of-two-hundred-countries-level initiatives. How about you sit down and know your place.

  19. @kerankerai7872

    March 7, 2024 at 1:17 am

    It is a good idea. As trade would be better.

  20. @AngelSonevski

    March 7, 2024 at 1:17 am

    The EU should first invest more in the poor eastern european countries on its doorstep instead of random African nations if it wants to compete with China in any form in the future

  21. @tidbit1877

    March 7, 2024 at 1:17 am

    It's political who-ha, all PR with zero substance; however, if the EU were to set up an investment organization that would look into possible large scale infrastructure projects that would benefit EU countries and then member nations could combine their investments together and share the risk, this would be a good thing and could increase the EU's credit, thus creating money that the EU members would not usually have access to. Also, the USA should chip in as well in order to strengthen it's allies economically.

  22. @palladiumservices8601

    March 7, 2024 at 1:17 am

    ”More EU bullshit”

  23. @satoshionamoto

    March 7, 2024 at 1:17 am

    This investment is not to straighten contact to China only. It's to straighten contact to all Asia, so I really think this is more than important now, as the world is changing economic pole from North America to Asia.

  24. @kolerick

    March 7, 2024 at 1:17 am

    well, a paper published in an English newspaper… can't be really "pro-European",

  25. @huwgrossmith9555

    March 7, 2024 at 1:17 am

    Zee? It's Zed.😄

  26. @billybonecollector7276

    March 7, 2024 at 1:17 am

    How about the EU shoves this plan up its arse.

  27. @olivegrove2615

    March 7, 2024 at 1:17 am

    it sounds like if China can rip them off we can too.

  28. @ajb229

    March 7, 2024 at 1:17 am

    That’s a lot of containers! Which port is that?

  29. @Maia_Cyclist

    March 7, 2024 at 1:17 am

    So they are going to make the Gibraltar tunnel?

  30. @thelegend_doggo1062

    March 7, 2024 at 1:17 am

    It's a good idea, but the EU probably aren't the best to deliver it. If only the US could take their head out of the sand and start helping Africa. If the US could invest in South American Indian and African Industry, while increasing the foreign aid budgets, we could re focus global trade back towards the West, and phase out China as well as placing sanctions on them, essentially saying "join us or suffer" to China. If they opt to become less authoritarian, and abandon their wolf warrior diplomacy, we could allow them to re join the global market.

  31. @pehash

    March 7, 2024 at 1:17 am

    Less money, but real is better than more money, but fake.
    We all know everything China says or does is fake. Evergrande, remember?

  32. @herbalalami5443

    March 7, 2024 at 1:17 am

    Looks USA Europe 5G and China Now 6G

  33. @satroj578

    March 7, 2024 at 1:17 am

    First they bring Bibel,Gun and destroy our cultures.

  34. @christheswiss390

    March 7, 2024 at 1:17 am

    The Economist – as usual – is spot on re the BS emanating from Brussels!

  35. @michalfrankowski8393

    March 7, 2024 at 1:17 am

    In my opinion it is bullsh*t, Like super future cars with batteries than fuel, the super bullet train, the cool tunnels under the city, no. I mean, I'm not an expert, but when someone throws in eco I suggest cold, hard good evidence, hundreds of test on small, medium and large scale, studies and hundreds of thousands of professional tests. Presentations and everything so on.

    Please, add sceptic when someone is vague about anything big that would cost 300 billions!
    I mean, why not use it to by new technologies on roads, fix cracked paths, invest in garbage disposal technological ecological studies, in police and maybe in border sharpening, I mean Ik europe is safe, but do we want to have a weak border?

    I'm sure there are already many investments in this, but are they super profound?
    we still use coal, we still have huge debt, we still have problems inside the cities like homeless or garbage disposal problems, maybe invest in making the jobs that pick-up trash more profitable than it is?

    Anyway, I'm just commenting my thoughts. Sorry for not being aware of things that contradict what I said here.

  36. @b1k873

    March 7, 2024 at 1:17 am

    Another question is, can they do projects in record time as China?

  37. @actuallypaulstanley

    March 7, 2024 at 1:17 am

    €300,000,000,000 for a new Global Gateway project. Have they consulted with the infrastructure expertise in Alexander Boris de Pfeffle Johnson or Trump?
    Alexander Boris de Pfeffle Johnson said a 28-mile bridge between Scotland and Ireland would cost between £15,000,000,000 and £20,000,000,000, but the Union Connectivity Review estimated the cost would be closer to £335,000,000,000!?
    Another pointless misdirection tactic from this failing English government.
    Wait till we find out how much this review for a 28-mile long bridge costs. The last Bridge he had any involvement in cost Londoners £46,000,000 for the review and contracts…

  38. @dustin628

    March 7, 2024 at 1:17 am

    The Europeans should have built something like belt and road going east over 20 years ago.

  39. @_-_-_-TRESPASSER

    March 7, 2024 at 1:17 am

    Correction India didn't allow bri touch indian coast.

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Source list:

Student List program:
https://studenti.org.rs/en/plan/
https://x.com/studentblokade/status/2105208664881557577?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2105208664881557577%7Ctwgr%5E286dd96e36fbc96dbbcd3184e186b4f05377e279%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.danas.rs%2Fvesti%2Fpolitika%2Fstudenti-o-sankcijama-rusiji%2F
https://x.com/studentblokade/status/2055953192458834226
https://newunionpost.eu/2026/09/15/student-list-ready-serbia-elections/

Train station canopy collapse:
https://www.aljazeera.com/news/2025/11/1/mass-protests-planned-as-serbia-marks-anniversary-of-train-station-collapse
https://www.railwaypro.com/wp/president-vucic-inaugurates-novi-sad-subotica-high-speed-line/

CRTA report: https://crta.rs/en/first-interim-report-on-long-term-observation/

Snap elections:
https://www.politico.eu/article/serbia-leader-aleksandar-vucic-calls-snap-elections-after-dissolving-countrys-parliament/
https://srpske.rs/en/news/ekonomija/2026/08/02/serbia-600-million-euro-cash-handout-payment-dates

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📰 Too Long: https://toolong.news/
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Sources:

The EU’s plan to capture US Big Tech revenue
https://www.ft.com/content/ad06ed89-f600-4694-8c95-7d53b6d3315b?syn-25a6b1a6=1
https://www.reuters.com/business/retail-consumer/brussels-looks-capture-big-tech-through-tax-large-corporations-ft-reports-2026-10-07/

EU rejects France’s calls for an EU-wide digital services tax
https://www.ft.com/content/e5a76494-71df-4ee0-a85f-b28f2c94ded6?syn-25a6b1a6=1
https://www.vatcalc.com/global/eu-holds-back-on-digital-services-tax-as-us-raises-retaliation-threat/

EU’s proposed CORE mechanism
https://blogs.lse.ac.uk/europpblog/2025/08/28/the-commissions-foray-into-corporate-taxation-a-core-problem-for-the-eu-budget/
https://commission.europa.eu/strategy-and-policy/eu-budget/long-term-eu-budget/eu-budget-2028-2034_en#driving-prosperity-via-competitiveness-research-and-innovation

US exempted from Pillar 2 of OECD’s global minimum corporate tax agreement
https://youtu.be/85voZ2FJhZk?si=6jVOHTB5CBTKvigd
https://www.theguardian.com/business/2026/jan/06/us-exemption-oecd-global-tax-deal-multinational-companies
https://www.theguardian.com/business/2021/oct/08/oecd-deal-imposes-global-minimum-corporate-tax-of-15

G7 statement on global minimum tax
https://www.canada.ca/en/department-finance/news/2025/06/g7-statement-on-global-minimum-taxes.html
https://www.ey.com/en_gl/technical/tax-alerts/canada-g7-releases-statement-on-global-minimum-tax-pillar-two-and-canada-rescinds-digital-services-tax

European Digital Services Taxes (DSTs)
https://taxfoundation.org/data/all/eu/digital-services-taxes-europe/
https://taxfoundation.org/testimony/pillar-one-digital-services-taxes/
https://www.reuters.com/en/germany-seeks-levy-10-tax-online-platforms-like-google-2025-05-29/

Accusations of tax avoidance by Silicon Valley tech companies
https://www.theguardian.com/us-news/2025/apr/15/silicon-six-accused-of-avoiding-almost-278bn-in-us-corporation-taxes-over-10-years
https://itep.org/trump-meta-tesla-alphabet-amazon-obbba-taxes/
https://itep.org/amazon-alphabet-meta-tesla-pro-trump-tech-companies-avoided-taxes/

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📰 Too Long: https://toolong.news/
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Sources
Diesel prices/components
https://tradingeconomics.com/united-states/us-diesel-sales-price-$-per-gallon-w-na-fed-data.html
https://tradingeconomics.com/commodity/brent-crude-oil
https://www.ft.com/content/f117f347-e1e0-457c-83fc-ba4745581bb2?syn-25a6b1a6=1

Fuel vs Dem congressional ballot
https://www.economist.com/graphic-detail/2026/09/17/high-petrol-prices-could-hand-democrats-a-mighty-midterm-victory

Trump Truth Social posts
https://truthsocial.com/@realDonaldTrump/posts/117412435306815143
https://truthsocial.com/@realDonaldTrump/posts/117422699218841250

Zelenskyy comments
https://www.axios.com/2026/10/09/exclusive-zelensky-putin-trump-diesel-deal
https://thehill.com/policy/international/6141601-russia-strikes-ukraine-power-plant/

Laws
https://thehill.com/homenews/house/6140830-fitzpatrick-bill-block-russian-oil/
https://www.congress.gov/bill/117th-congress/house-bill/6968
https://ofac.treasury.gov/sanctions-programs-and-country-information/countering-americas-adversaries-through-sanctions-act-related-sanctions
https://www.congress.gov/bill/119th-congress/senate-bill/5025

Reports that Russia lacks refining capacity
https://www.aljazeera.com/news/2026/10/10/why-is-us-turning-to-russia-for-diesel-despite-sanctions

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