The Swiss National Bank cut interest rates for a second time running in response to predictions of cooling inflation. The country’s key banking and financial services sector has been under pressure recently from the rising dominance of other financial hubs such as Hong Kong,
The Bank of England kept the Bank Rate at 5.25% in June, with two MPC members favouring a 0.25% cut. Inflation rate hit the 2% target in May, yet policymakers continue to advise caution to interest rate cuts.
Despite being close to securing the necessary majority for an agreement on the child sexual abuse material regulation, the vote has been postponed as significant disagreements remain.
A total of 346 people died in two Boeing 737 Max crashes. Their relatives are calling for a $24.8 billion fine on the company, saying what happened was "the deadliest corporate crime in US history".
A profound disconnect between public sentiment and political agendas is casting serious doubt on the sincerity and effectiveness of Europe’s commitment to World Refugee Day, Luigi Achilli, Stephanie Acker and Caitlin Procter write.
President Kassym-Jomart Tokayev has directed Kazakhstan’s diplomatic and law enforcement agencies to send official inquiries to their Ukrainian counterparts. He emphasized that Kazakh official bodies are prepared to assist in the investigation to uncover the truth behind the
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The National Museum of Kazakhstan has welcomed over 6,000 visitors in just four days, with 3,300 of them coming specifically to see Leonardo da Vinci’s “La Bella Principessa,” exhibited for the first time in the country, the museum’s press service reported on June 12. Long
J.K. Rowling's book features some unique errors and was sold at auction alongside a copy of "Casino Royale", the first novel in the James Bond spy series, which features an inscription by author Ian Fleming.
The painting was first stolen by Napoleon's troops from Belvedere Palace in Vienna during the early 19th century. More recently, in 1995, it was taken from Longleat House in England.
The Green Deal aims to make Europe “the first climate-neutral continent” by 2050. Reaching the objective will not be easy. There are many challenges to overcome. Recent decisions by the EU Commission may well have added to those challenges – writes Dick Roche, former Irish
German police have denied claims that they advised fans travelling to the country for the Euro 2024 championship to consume cannabis instead of alcohol, after news reports emerged stating the contrary.
A Cypriot, a Czech, a Frenchman and a Spaniard with diverse backgrounds, ideologies, and motivations — all social media stars set to join the European Parliament.
OLAF director admits orders came from EU Commission president, as court blocked from investigating wider conspiracy. The former director of the EU anti-fraud office (OLAF), Geovanni Kessler, yesterday lost an attempt to overturn his conviction in a Belgian criminal court for
By Thomas Schwab, a senior expert for European economics at the Bertelsmann Stiftung, a non-partisan foundation based in Gütersloh, Germany. Cohesion Policy, the bedrock of Europe’s regional development, stands at a crucial crossroads. For decades, it has been instrumental in
Russian President Vladimir Putin is seeking to strengthen ties with long-time partner Vietnam on a state visit that comes as Moscow faces growing international isolation due to military actions in Ukraine.
On 19 June 2024, Canada took decisive action against Iran's Islamic Revolutionary Guard Corps (IRGC) by designating it as a terrorist organisation. This significant move comes despite the European Union's continued refusal to follow suit, despite repeated calls from the
Queen’s music catalog is one of the most – if not the most – valuable in rock, with classics like 'Bohemian Rhapsody', 'Another One Bites the Dust', and 'We Will Rock You'. This deal makes it the biggest acquisition of its kind ever.
European ambassadors are set to wrangle over the inclusion of new scanning technology that would monitor content in a draft Child Sexual Abuse Material regulation introduced by the Belgian presidency of the EU Council.
Nearly 2,000 schools in Kazakhstan will be connected to Starlink, high-speed satellite internet, by the end of the year, Minister of Digital Development, Innovation and Aerospace Industry Zhaslan Madiyev said at a June 19 government briefing. Starlink is the world’s first and
The EU may further lose its artificial intelligence (AI) competitiveness to the US and China amid French political instability caused by the far-right’s stance on immigration controls and foreign investment restrictions.
Europe is being battered by extreme weather with record-high temperatures and severe storms. Serbia and Romania face heatwaves reaching 40ºC, while Germany is experiencing severe thunderstorms.
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By He Jun, Director of China Macro-Economy Research Center and Senior Researcher at Anbound, an independent think tank based in Beijing. In the ongoing geopolitical competition between the United States and China, the former has employed diverse strategies to contain the
As the US presidential election draws closer, swathes of posts ridiculing President Joe Biden’s fitness to serve another term are being shared widely, but the pictures are usually either manipulated or taken out of context.
Italian PM Meloni's government are looking to overhaul the Italian political system by introducing two major reforms, including the direct election of the prime minister and the devolution of power to Italy's regional authorities.