ECB Sees Inflation Returning to 2% Within a Year

By admin July 25, 2026 No comment

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The European Central Bank (ECB) expects inflation in the eurozone to return to its 2% target within the next year, according to ECB Chief Economist Philip Lane. Speaking after the central bank kept interest rates unchanged, Lane described the current inflationary pressures as a “medium-sized” shock that requires a measured policy response rather than aggressive

Spain Declares National Emergency Over Deadly Wildfires

By admin July 24, 2026 No comment

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Spain has declared a national emergency as massive wildfires continue to spread across several regions, forcing the evacuation of more than 10,000 residents from Villa del Prado, San Martín de Valdeiglesias, Pelayos de la Presa, and Aldea del Fresno. The move places the response under the direct authority of the country’s Interior Ministry. Under Spain’s […]

Russia Awaits New U.S. Peace Proposal on Ukraine

By admin July 24, 2026 No comment

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Russia said it will wait for new proposals from U.S. President Donald Trump aimed at ending the war in Ukraine, while continuing its military campaign. Kremlin spokesperson Dmitry Peskov said Moscow believes the Trump administration is sincere in seeking a peaceful settlement, but added that Russia will pursue its objectives on the battlefield until a […]

EU Charges TikTok Over Child Safety Concerns

By admin July 24, 2026 No comment

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The European Commission has accused TikTok of breaching the European Union’s Digital Services Act (DSA), alleging that the platform’s design does not provide sufficient protection for children online. Regulators said some account settings could expose minors to cyberbullying, unwanted contact, and online predators, potentially leaving the company facing a fine

Volkswagen Plans Deeper Cuts Amid Rising Chinese Competition

By admin July 24, 2026 No comment

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Volkswagen has announced plans to deepen cost-cutting measures as Chinese automakers continue expanding into the European market. CEO Oliver Blume said the company faces growing competitive pressure from more than 150 Chinese brands, alongside challenges from tariffs and weakening demand in China. The automaker is seeking major restructuring to remain competitive. The

ICC Member States Vote on Whether to Remove Prosecutor Karim Khan

By admin July 24, 2026 No comment

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Member states of the International Criminal Court (ICC) are voting on whether to dismiss Chief Prosecutor Karim Khan following allegations of sexual misconduct. Khan has strongly denied the accusations, with his legal team arguing that the dismissal process is unfair and unsupported by evidence. The outcome of the secret ballot is expected later on Friday. […]

Wildfires Force Mass Evacuations in France

By admin July 23, 2026 No comment

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Around 12,000 people, including nearly 10,000 tourists, have been evacuated from France’s Gironde region as severe wildfires continue to spread across south-western parts of the country. More than 2,000 hectares of land have been destroyed, prompting authorities to close roads, restrict access to forested areas, and ban the use of combustion and electric engines in

EU Approves Paramount-Warner Bros Merger

By admin July 23, 2026 No comment

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The European Commission has approved the proposed $110 billion merger between Paramount Skydance and Warner Bros Discovery after Paramount agreed to end its European film distribution partnership with Universal Pictures. Regulators said the move addresses concerns that the combined company could gain excessive control over cinema distribution across Europe. Despite

Russian Attacks Disrupt Ukraine Grain Exports

By admin July 23, 2026 No comment

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Shipowners have temporarily suspended vessel arrivals at Ukraine’s Black Sea ports for agricultural exports following a surge in Russian missile and drone attacks on ports and merchant ships. Ukraine’s Agriculture Ministry said the suspension was a decision taken by shipowners, while the government has not imposed any official restrictions. According to traders

Boeing Edges Airbus as Aircraft Orders Cross 300 at Farnborough Airshow

By admin July 23, 2026 No comment

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Aircraft manufacturers secured more than 300 commercial aircraft orders at the Farnborough International Airshow in the UK, with Boeing narrowly leading Airbus in total deals. According to a Reuters tally, around 327 firm orders were announced during the event, surpassing the previous Farnborough show in 2024. However, the total remained well below industry expectations of