Wednesday

17th Aug 2022

Ticker

Spain stokes fears of deflation

Spain became the latest European country to report sliding prices, stoking fears that the eurozone is heading for deflation. Madrid said prices dropped by 0.1% this year. Ireland, Greece and Cyprus reported similar trends, with the ECB last week unexpectedly slashing interest rates to 0.25% to prevent deflation.

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Finland restricts Russian tourist visas

Russian citizens were circumventing the European airspace ban by driving to Helsinki airport, which was being used as a hub to fly to other tourist destinations. Finland is now restricting those border crossings.

Conditions met for German nuclear extension, officials say

Conditions have been met for the German government to allow a temporary lifetime extension of three remaining nuclear reactors, according to the Wall Street Journal, as the country is facing a likely shortage of gas this winter.

Opinion

A year of Taliban — only aid is keeping Afghan kids alive

It's a year since the Western military presence in Afghanistan ended. A year since panic-stricken people flocked to Kabul airport, trying to flee the country, and girls and women waited fearfully for the disintegration of their hard-won rights.

Column

Is this strange summer a moment of change?

It is a strange, strange summer. The war in Ukraine continues, 60 percent of Europe is in danger of drought, and Covid is still around and could rebound in the autumn. At the same time, everyone is desperate for normalcy.

Germany rejects visa ban for Russian tourists

German chancellor Olaf Scholz said a total ban on tourist visas will not be supported by Berlin — adding that many refugees do not agree with the Russian regime.

News in Brief

  1. Tens of thousands of Jews quit Russia since start of war
  2. Russia says GDP forecasts better than expected
  3. Spain 'hopeful' for new gas pipeline
  4. German troops return to Bosnia over instability fears
  5. Next UK PM candidates reject Scottish independence push
  6. Russia will not allow British spy plane overflight
  7. Discrimination in Germany remains high, new figures show
  8. US weighs plan to revive Iran nuclear deal

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