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Ceuta Struggles After Massive Migrant Border Crossing

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Spain’s North African enclave of Ceuta is struggling to cope after a massive migrant surge last week, with local authorities estimating that between 3,000 and 5,000 people remain in the territory. Hundreds of migrants have set up makeshift camps on local beaches, while reception centres for adults and minors have exceeded capacity. Spain says around 69,500 migrants have already been returned to Morocco in recent days.

The crisis has placed particular pressure on services for children, with more than 860 migrant minors currently under protection in Ceuta. Many migrants said they remained in the enclave after facing food shortages, closed shops, hostility from locals, and being unable to continue their journey to mainland Spain. The official death toll stands at 72 on the Spanish side and 11 on the Moroccan side.

The border crisis has also triggered diplomatic tensions within the European Union and renewed debate over migration policy. Spain praised Morocco for cooperating in the return of thousands of migrants but also called for stronger support from EU partners. Meanwhile, questions are being raised over whether Spanish intelligence services had sufficient warning before the mass crossing occurred.

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Liechtenstein Hack Exposes Data of 31,000 Legal Entities

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Liechtenstein has revealed that hackers illegally accessed and copied data from its register of beneficial owners, compromising information linked to around 31,000 companies, foundations, and trusts. The government said the cyberattack occurred during the night of July 29–30 before authorities detected unusual activity and took the affected system offline.

The breached register, established in 2021 as part of the country’s anti-money laundering measures, contains information on the beneficial owners of legal entities. Officials said preliminary investigations indicate the attackers copied data but found no evidence that the information was altered or deleted. Authorities also confirmed that no bank systems or customer banking data were affected.

The government has formed a crisis task force led by Prime Minister Brigitte Haas and Justice Minister Emanuel Schaedler to manage the incident and notify those affected. Liechtenstein, known for its large number of low-tax trusts and financial services, is continuing its investigation into the cyberattack.

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Boris Nadezhdin Leaves Russia After Political Crackdown

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Russian anti-war politician Boris Nadezhdin has announced that he is temporarily outside Russia after being labelled a “foreign agent” and barred from contesting the country’s upcoming parliamentary elections. In a video posted from Paris, with the Eiffel Tower in the background, Nadezhdin said he was “alive and free” and would share his future plans later.

The 63-year-old former lawmaker has been a vocal critic of Russia’s war in Ukraine while attempting to remain active within the country’s political system. His political ambitions were halted after the Justice Ministry designated him a “foreign agent” in July, followed by police questioning and a court fine over alleged display of extremist symbols on social media, accusations he rejected.

Nadezhdin’s departure adds to the growing number of prominent Kremlin critics who have either left Russia or been imprisoned since the start of the Ukraine war in 2022. Russian authorities say such measures are necessary to protect national security, while opposition figures argue they are part of a broader crackdown on political dissent.

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Euro Zone Factory Output Hits 4½-Year High Despite Weak Demand

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Factory output across the euro zone grew at its fastest pace in nearly four and a half years in July, according to the latest S&P Global Manufacturing PMI survey. The headline manufacturing PMI rose to 51.9 from 51.4 in June, while the output index climbed to its highest level since March 2022, signalling continued expansion in the region’s manufacturing sector.

Despite the strong production figures, demand remained weak as new orders increased only slightly and export orders declined in several major economies, including France, Spain, Italy and Austria. Economists said manufacturers are relying heavily on clearing existing order backlogs rather than benefiting from fresh business, raising concerns about the sustainability of the recovery.

Manufacturers also continued to reduce jobs as they remained cautious about future demand. While input cost inflation eased and factory gate price increases slowed, supply chain disruptions linked to the Middle East conflict continued to affect the sector. Business confidence improved modestly but remained below its long-term average, reflecting ongoing uncertainty across the euro zone economy.

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AstraZeneca Holds Preliminary Merger Talks with Bristol Myers Squibb

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AstraZeneca has reportedly held preliminary talks with Bristol Myers Squibb over a potential merger that could create one of the world’s largest pharmaceutical companies, with a combined market value of nearly $400 billion. According to a Reuters source, it remains unclear whether discussions are ongoing. AstraZeneca declined to comment, while Bristol Myers did not immediately respond.

A merger would face significant regulatory scrutiny, particularly from U.S. antitrust authorities, due to the companies’ overlapping cancer drug portfolios. Both firms generate a substantial share of their revenue from oncology treatments, making competition concerns a key hurdle if negotiations progress.

The proposed deal would mark the first major pharmaceutical merger since 2020. Bristol Myers has been pursuing smaller acquisitions to strengthen its pipeline as key drugs approach patent expiry, while AstraZeneca continues to post strong growth driven by demand for its cancer and rare disease medicines.

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Moscow Court Orders Arrest of Boris Nemtsov’s Daughter

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A Moscow court has ordered the arrest in absentia of Zhanna Nemtsova, the daughter of slain Russian opposition leader Boris Nemtsov, over her involvement with an organisation that Russia has designated as “undesirable.” Nemtsova, who has lived outside Russia since 2015, co-founded the Germany-based Boris Nemtsov Foundation for Freedom, which was banned in Russia in 2024.

Responding to the ruling, Nemtsova dismissed the court’s decision in a social media post, noting that the foundation operates legally from Germany. Under Russian law, participation in or support for organisations labelled “undesirable” can result in prison sentences.

Boris Nemtsov, a prominent critic of President Vladimir Putin, was assassinated near the Kremlin in 2015. Although five men were convicted for carrying out the killing in 2017, his supporters have long argued that those who planned and ordered the murder have never been brought to justice.

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Spain Installs Floating Barrier After Deadly Ceuta Border Rush

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Spain has begun installing a 500-metre floating barrier along the coast of its North African enclave of Ceuta after migrant crossings fell to nearly zero overnight. The move follows a massive border rush in which around 50,000 people crossed into Ceuta from Morocco, with authorities saying more than 48,000 were returned within 48 hours.

The incident claimed at least 67 lives, with many migrants drowning or being crushed while attempting to cross the border. Spanish officials blamed human-smuggling networks for spreading misinformation and exploiting vulnerable migrants. The government said additional police and military forces will remain deployed while border security measures continue.

The crisis has sparked concern across Europe, prompting 22 EU member states to call for an emergency meeting on border security. Spain has urged a coordinated European response while reaffirming that Morocco remains a key partner in managing migration and maintaining the security of the EU’s external border.

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Europe’s Drought-Stricken Rivers Hit Power, Transport and Businesses

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Record-low water levels in Europe’s major rivers are disrupting electricity generation, cargo transport and business operations as prolonged heatwaves and drought continue across the continent. The shrinking waterways have reduced hydropower output, affected nuclear plant cooling systems and highlighted the growing economic impact of climate change.

Countries including Serbia, Hungary, Romania and France have cut power generation due to insufficient river water for hydropower and nuclear facilities. Several nations are expected to rely more on electricity imports, while low river levels have also disrupted the transport of grain, oil and other goods along key waterways such as the Danube and Rhine.

The drought has also affected company earnings, with utilities reporting lower hydropower production and reduced profits. Businesses across Europe are facing rising operational challenges as extreme weather exposes the need for more resilient energy and transport infrastructure.

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Magnitude 4.7 Earthquake Shakes Naples, Damages Buildings and Disrupts Transport

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A magnitude 4.7 earthquake struck the Campi Flegrei volcanic area near Naples in southern Italy on Friday evening, causing power outages, disrupting rail and metro services, and damaging several buildings. According to Italy’s National Institute of Geophysics and Volcanology, the quake occurred at 7:46 p.m. local time with its epicentre in the Campi Flegrei area at a depth of around 3 kilometres. Residents in several neighbourhoods rushed outdoors as the tremors were felt across the region.

Italy’s fire service reported minor structural damage in and around Naples but said there were no immediate requests for rescue operations. As a precaution, local rail and metro services were temporarily suspended while authorities assessed the situation. Italian media described the quake as one of the strongest ever recorded in the Campi Flegrei area, which has experienced increasingly frequent seismic activity in recent years.

The Campi Flegrei volcanic caldera, which covers much of western Naples, has been under close monitoring due to heightened earthquake activity. Officials have warned that stronger tremors have revived memories of the seismic crisis in the early 1980s, when thousands of residents were forced to evacuate. Italy is no stranger to earthquakes, with the devastating 2016 central Italy quakes claiming around 300 lives and the 1980 Irpinia earthquake remaining one of the country’s deadliest disasters.

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Record-Low Danube Water Levels Force Shutdown of Hungary’s Only Nuclear Power Plant

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Hungary’s only nuclear power plant, the Soviet-era Paks facility, is set to shut down completely for the first time after record-low water levels in the Danube River left its cooling system unable to operate. Prime Minister Péter Magyar warned the country’s energy supply could become critical as an intense heatwave continues, urging residents to reduce electricity use during peak evening hours.

The prolonged drought and extreme temperatures have affected much of Europe, with the Danube reaching its lowest levels in decades across several countries. Romania has already shut down one reactor at its Cernavoda nuclear plant for the same reason, while authorities are trying to keep the second reactor operational to avoid a complete halt in nuclear power generation.

The shrinking river has also disrupted shipping, exposed historic shipwrecks, and revealed ancient mammoth remains along its riverbed. Scientists say Europe, the world’s fastest-warming continent, is experiencing more frequent heatwaves, droughts, and wildfires, placing growing pressure on water resources, transport, and energy infrastructure.

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