Germany’s Scholz pledges to boost investment, attract more skilled workers
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BERLIN (Reuters) -German Chancellor Olaf Scholz promised on Tuesday to boost investment, attract skilled workers and cut red tape to revive growth in Europe’s biggest economy, which is on track to contract for the second straight year.
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ROME (Reuters) – Italy’s public debt as a proportion of output last year was slightly higher than previously estimated, national statistics bureau ISTAT reported on Tuesday.
Luxury brand Chanel to sponsor Oxford and Cambridge Boat Race
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LONDON (Reuters) – French luxury brand Chanel will sponsor Britain’s historic Oxford and Cambridge Boat Race next year in the first sporting sponsorship for the company known for its tailored suits and quilted purses.
Germany identifies its first case of new mpox variant, Bild reports
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BERLIN (Reuters) – The first case of the new mpox variant has been detected in Germany, Bild newspaper reported on Tuesday, citing the Robert Koch Institute for public health.
EU lawmakers clear up to 35 billion euro loan for Ukraine, using Russian assets
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BRUSSELS (Reuters) – European Union lawmakers on Tuesday approved the bloc’s plan to use frozen Russian central bank assets to loan up to 35 billion euros ($38 billion) to its ally Ukraine.
War knocked human development in Gaza back to 1955, UNDP says
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BERLIN (Reuters) – The war in Gaza has devastated the Palestinian economy, which is now 35% smaller than it was at the start of Israel’s invasion a year ago, while development levels in Gaza itself have collapsed to the level of the 1950s, the UN’s development agency said.
Three killed, including child, in Russian strike on Ukraine’s Sumy
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KYIV (Reuters) – Three people including a child were killed in a Russian drone strike on the northeastern Ukrainian city of Sumy, officials said on Tuesday.
Britain’s grid operator asked to provide energy infrastructure plan
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(Reuters) – British energy ministers have asked the National Energy System Operator (NESO) to produce a blueprint for developing the country’s energy infrastructure to 2050 in order to provide investment stability and cost reductions, the government said.
Factbox-Airlines suspend flights as Middle East tensions rise
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(Reuters) -Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space.
Poland needs reforms to keep up economic success, IMF officials say
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WARSAW (Reuters) – Poland’s economic transformation in recent decades is remarkable, but it needs reforms to sustain growth, International Monetary Fund (IMF) officials told Reuters.
Should raw milk sales be banned or should consumers decide?
Swiss food regulations do not allow raw milk to be sold for direct consumption. However, a loophole allows 400 raw milk vending machines to do just that.
