The central bank has had to keep interest rates painfully high to keep a lid on inflation, at a time when the budget deficit is widening sharply. Its key rate currently stands at 14.25 percent. Businesses typically have to pay well above that rate for credit, and things aren’t made easier by the Kremlin competing […]
Continue ReadingNEWYou can now listen to Fox News articles! Canada on Tuesday called off a joint celebration with the United States to mark the opening of the Gordie Howe International Bridge, following renewed tariff threats from President Donald Trump. The bridge — which connects Detroit and Windsor, Ontario — was named after legendary Canadian hockey player […]
Continue ReadingPoland has issued a request for proposals to test drone interceptors. The goal of the call for proposals is to select a developer and a product capable of primarily countering enemy reconnaissance and surveillance UAVs, as well as drone-based air strike capabilities. Proposals must be submitted by July 31, 2026. The agency has specified detailed […]
Continue ReadingUkrainian President Volodymyr Zelenskyy said on Tuesday he had decided to appoint Mykhailo Drapatyi as the country's new commander-in-chief of the armed forces as part of a broader overhaul of the military's leadership. Zelenskyy said on Telegram he had discussed changes to the structure of the General Staff with Drapatyi, acting Defense Minister Yevhen Khmara […]
Continue ReadingAn Israeli air strike has killed six members of one family in Gaza City, according to local medics. Video footage showed the family’s apartment on fire overnight in the western al-Sabra neighbourhood. The brother of Firas al-Masri told the BBC that he had been burnt to death along with his wife, Salsabeel, and their three […]
Continue ReadingThere is an acute freshwater shortage on seven Greek islands. The authorities have reacted. July 21, 2026, 4:09 p.mJuly 21, 2026, 4:09 p.m Dorothea Meadows / t-online An article by Sun, sea and beautiful beaches attract millions of holidaymakers to Greece every year. But on several popular islands, water becomes scarce during the peak travel […]
Continue ReadingPublished on 07/21/2026 – 16:04 GMT+2•Updated 16:08 The European Commission is expected to announce the first fine for search engine company Google as part of the Digital Markets Act (DMA), German financial newspaper Handelsblatt reports. ADVERTISING ADVERTISING Citing two anonymous, high-ranking EU officials, the paper said the potential one billion euro fine will be announced […]
Continue ReadingPublished on 07/21/2026 – 16:04 GMT+2•Updated 16:08 Andy Burnham has held his first cabinet meeting as UK prime minister, using his first full day in office to unveil an energy tax cut aimed at easing pressure on household finances while introducing a reshaped cabinet that signals a clear shift in Labour’s direction. ADVERTISING ADVERTISING The […]
Continue ReadingJuly 21, 2026, 3:21 p.mJuly 21, 2026, 3:21 p.m The Venice Biennale will take place until November this year. (archive image)Image: keystone The EU stops funding the Venice Art Biennale because of Russia’s controversial participation. Following the legal assessment and recommendation of the EU Commission, the European Executive Agency for Education and Culture (EACEA) has […]
Continue ReadingJuly 21, 2026, 1:35 p.mJuly 21, 2026, 1:35 p.m Nine months after the theft, the Louvre reopens.Image: keystone New beginning after the jewel theft: Nine months after the spectacular burglary, the Louvre is reopening its Galerie d’Apollon on Wednesday – but completely empty. The collections and valuable objects previously shown there are to be moved […]
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