Thursday

1st Jun 2023

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Sudan PM steps down after months of turmoil

Sudan's civilian prime minister Abdalla Hamdok announced on Sunday that he was stepping down from his role, Deutsche Welle reports. His resignation comes six weeks after he was reinstated, as part of an agreement with the military that overthrew the government in October. Hours before the announcement, thousands of protesters took to the streets in the capital Khartoum, calling on the military to stop interfering in the transition.

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ECB: eurozone home prices could see 'disorderly' fall

The European Central Bank in its Financial Stability Review warned EU home prices could see a 'disorderly' fall as high mortgage rates are making houses unaffordable for households and unattractive for investors.

Adapting to Southern Europe's 'new normal' — from droughts to floods

Extreme weather events in recent months have worsened agricultural production in southern Europe, prompting concerns for authorities in Portugal, Spain, France and Italy. As countries will likely face dryer conditions, experts urge adaptation measures for the 'new normal'.

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