Author: staff
Iran targeted at least 24 commercial vessels near the Strait of Hormuz in a two-week period, the Institute for the Study of War (ISW) said on Thursday, as two US aircraft carriers operate in the Arabian Sea and officials on both sides issue public warnings of a possible return to large-scale hostilities. Britain’s Maritime Trade Operations (UKMTO), a Royal Navy body that monitors merchant shipping safety, reported at least seven further incidents between Monday and Wednesday. The Washington-based think tank said the attacks show Iran still retains the ability to target shipping despite US strikes on its military infrastructure, and…
The global economy has held up better than Kevin Warsh would have predicted earlier this year, the US central bank chief said on Friday, calling AI the biggest economic shift he had seen. Speaking in Bangkok at the annual meetings of the IMF and the World Bank, Warsh offered no clue on the Federal Reserve’s next rate decision, due on 28 October. Almost everywhere, the economy is showing a resilience “I’m not sure I would have predicted five or six months ago,” Warsh said in a discussion on stage with IMF chief Kristalina Georgieva. The Fed chair was most upbeat…
The football chief said he was sorry “for the mistakes that we made,” but reminded that his project was only a proposal and “in no way a done deal.” Listen AI generated Text-to-speech
Published on 16/10/2026 – 9:16 GMT+2 Disruptions and cancelled flights were reported on Friday morning at many Italian airports due to faults in the data transmission network that supports air traffic control services, the national air navigation service provider Enav has announced. “From 6:00, in view of the steady increase in air traffic and the persistence of the faults, in order to continue guaranteeing the highest level of operational safety, flow management measures have been introduced, which mean a temporary reduction in the capacity to handle aircraft in Italian airspace”, reads the statement issued in the morning, which also rules…
Published on 16/10/2026 – 10:43 GMT+2 At least 12 people died after a boat carrying migrants sank off the coast of Gambia, the Red Cross said. The incident occurred off of Jinack Kajata in the country’s North Bank region, the Gambia Red Cross Society (GRCS) said on Thursday. The migrants were reportedly heading towards Europe via the West African Atlantic Route. “The number of people missing remains uncertain, and further updates are expected as response efforts continue,” the GRCS said in a statement, adding that it was “working closely with relevant authorities and response partners as the situation unfolds.” According…
Published on 16/10/2026 – 10:13 GMT+2 Indonesian shares lost about 11% on Friday. This was the largest single-day fall in 28 years, as the country’s stock market status came under scrutiny from one of the world’s largest stock market index providers, threatening outflows from global investment funds. MSCI said that following investors’ concerns, Indonesia’s continued emerging-market status was “no longer appropriate”. The index provider is launching a consultation on a proposal to classify Indonesia as a “Standalone Market”, which would leave the country outside MSCI’s main global market groupings. MSCI classifies markets as developed, emerging, frontier or standalone. The proposed…
This week, the Ukrainian army reported restrictions to the Starlink satellite service. The connection drops as soon as the receivers are travelling at more than 160 kilometres per hour, as is the case with drones. The service was initially partially restored, but an upper limit remained in place. It is unclear who ordered the restriction. SpaceX boss Elon Musk rejected responsibility that the company ordered the shutdown. Starshield is under the direct control of the US government, he wrote on X. It is important to distinguish between the two systems: Starlink and Starshield are both developed by SpaceX but aimed…
Anfang dieser Woche hatte der französische Präsident Emmanuel Macron angedeutet, dass nun Deutschland am Zug sei. „Auf der anderen Seite des Rheins gibt es politische Zwänge, und ich respektiere die Koalitionsgespräche voll und ganz“, sagte Macron am Montag am Rande des Pariser Autosalons. Gemäß den Bedingungen des vorgeschlagenen Abkommens würde Deutschland strengere „Made in Europe“-Kriterien für den Automobilsektor im „Industrial Accelerator Act“ akzeptieren, auf die Frankreich gedrängt hat, im Gegenzug für eine Abschwächung des Verbots von Verbrennungsmotoren, einer der langfristigen Forderungen Berlins. „Angesichts der erheblichen technologischen, wirtschaftlichen und geopolitischen Veränderungen seit der Einführung des bestehenden Rechtsrahmens sollte das Automobilpaket ein…
EPP MEP Dirk Gotink believes the European Union should stop issuing the “full range of visas” to Russian citizens while Russia continues its attacks on Ukraine. Gotink said the EU should “go further” in signalling to Russian elites that the country’s full-scale invasion of Ukraine is “also their problem”. He argued that they should not be allowed to continue “their lives on European islands drinking margaritas while their political leader is bombing everyday civilians in Ukraine”.
In Germany, an average pack of 20 cigarettes would currently set you back around €8.05, but that could be about to change after the Bundestag voted to gradually increase tobacco taxes. Based on the calculations behind the proposed legislation, prices for a standard pack of cigarettes are expected to rise to €8.77 from 2027, €9.56 from 2028, €10.42 from 2029, and €11.36 from 2030. Some premium brand cigarettes could cost as much as €14, whilst hand-rolling tobacco is also set to become significantly more expensive. Germany’s cigarette prices are therefore gradually catching up with those in other European countries, but…