Leading fashion brands are shifting orders from Bangladesh due to unrest following the fall of the government of Sheikh Hasina. Factories have been closed, some have been burned, leading to supply delays and loss of trust from international companies.
Annual inflation in the US fell to 2. 9% in July, the first time it has dropped below 3% since March 2021. This strengthens the arguments in favor of the Fed lowering interest rates at the September meeting.
More than 2,000 orphans are abroad. A special group at the Ministry of Social Policy is developing a plan for their return and placement in families, with the priority being to reunite siblings.
Due to the Russian attacks, European companies have reduced their gas storage in Ukraine to 10% of last year's volumes. Ukraine wants traders to continue using its infrastructure, as it generates important revenue.
Ukrainian troops continue an unprecedented operation in the Kursk region of the Russian Federation, advancing 30 kilometers into the territory. Russian forces have been unable to push back the Ukrainian armed forces, despite attempts to reinforce them and claims of controlling the situation.
The White House has called on Turkey to stop exporting American goods to Russia that could be used for military purposes. The US is threatening consequences if Ankara does not take steps to stop the illegal trade.
The European Commission has formed a special group to develop strategies in case Trump wins the US election. The team is analyzing potential consequences for trade, support for Ukraine, and relations with NATO.
Energy prices in Europe have returned to pre-crisis levels in 2022, said Shell CEO Wael Sawan.
European and American diplomats are holding urgent talks in the Middle East after the assassination of Hamas leader Ismail Ghani. The goal is to prevent further escalation and a new full-scale war in the region.
The Hungarian Foreign Minister suggested that the EU could have asked Ukraine to stop the transit of Lukoil's oil. He accused the European Commission of inaction in protecting the interests of Hungary and Slovakia.
The European People's Party calls on the EU to take urgent action over Hungary's decision to ease visa restrictions for Russians. This creates security risks and may allow Russians to circumvent restrictions in the Schengen area.
The EU plans to offer the US a quick trade deal if Trump wins. If he imposes punitive tariffs, the EU is ready to respond with its own duties of up to 50% on American goods.
The EU's European External Action Service is forced to cut spending by €43 million due to budget overruns. Diplomats are advised to avoid traveling, parties, and to increase security at their residences.
The EU countries have rejected a call by Hungary and Slovakia to lift sanctions against Lukoil in order to resume oil transit through Ukraine. The European Commission said that additional time was needed to assess the situation.
Biden's withdrawal from the 2024 elections gives him the opportunity to focus on foreign policy. Key challenges: ending the Israeli-Hamas conflict, and securing Ukraine's support against russia's military aggression.
German Chancellor Olaf Scholz is planning a surprise visit to Belgrade on Friday to attend the signing of a cooperation agreement between the EU and Serbia on lithium imports, essential for the EU's digital and green transition.
Italy plans to restore nuclear power by adopting a law that will allow investment in small modular nuclear reactors that can be commissioned within 10 years, so that by 2050 nuclear energy will account for at least 11% of the country's total electricity consumption.
As a result of the historic victory, Sir Keir Starmer's Labor Party is predicted to come to power with an unprecedented majority, while Rishi Sunak's Conservative Party will face one of the worst defeats in its history.
The European Commission has accused Meta of violating the Digital Markets Act with its "pay or opt-in" advertising model, which forces users to consent to the use of their personal data for personalized advertising or pay a subscription fee. The company faces a fine of up to 10% of its global annual revenue.
Concerns are growing in European capitals about Joe Biden's mental acuity and physical limitations after his poor performance in the debate with Donald Trump. Some politicians are calling on Democrats to replace him as their presidential candidate.
Ukraine is negotiating with Israel and the United States to transfer at least eight Israeli Patriot air defense systems to Kyiv, which could strengthen Ukraine's air defense against Russian attacks.
Serbian Prime Minister Milos Vucevic has admitted that he sold ammunition to Western countries that can transfer it to Ukraine, but notes that this is not a Serbian contribution to one of the warring parties.
Ukraine and Moldova will start long-awaited EU accession talks on June 25, a symbolic moment in their efforts to join the bloc amid Russia's invasion of Ukraine.
Dutch Prime Minister Mark Rutte has promised to give Hungarian Prime Minister Viktor Orban the right to withdraw from NATO activities aimed at supporting Ukraine if he becomes secretary general of the military alliance, in an attempt to win Budapest's support after it vetoed his appointment for months.
The Japanese company TDK has announced a breakthrough in the production of solid-state batteries. The invention could potentially lead to a revolution in energy storage.
Despite efforts to cut off supplies of Russian fossil fuels, gas imports to Europe from Russia in May exceeded those from the United States.
Ukraine is calling on international bondholders to agree to a debt reduction of more than $20 billion, after previous talks failed to produce a deal.
Russia's abduction of Ukrainian children from the occupied territories cannot be stopped by sanctions alone; the only way to stop it is to de-occupy and liberate all the temporarily occupied territories of Ukraine, said Dmytro Lubinets, the Ukrainian Parliament Commissioner for Human Rights.
NSDC Secretary rejects Putin's latest statements as a sign of his unwillingness to negotiate.
Russian authorities have deported hundreds of thousands of Ukrainian civilians, including children who have been forcibly separated from their families, and placed abducted Ukrainian children on Russian adoption websites.