TL;DRThe Russian central bank has lowered its key interest rate to 14 percent to support the economy. At the same time, an increased inflation risk is anticipated.
TL;DRThe EU has adopted a new package of sanctions against Russia, including cryptocurrency platforms for the first time. The measures aim to prevent the circumvention of existing sanctions.
TL;DRThe German battery manufacturer Varta has filed for preliminary debtor-in-possession insolvency. This legal step allows the company to restructure its operations under court supervision while maintaining business operations.
TL;DRDeutsche Bahn is implementing an alcohol consumption ban at all 5,400 of its stations, which will remain in effect until October 15. Exceptions will be made for bars and restaurants located within these stations.
Finance & Stock MarketForeign PolicyWars & Military
TL;DRThe Volkswagen Group recorded a decline in profit in the second quarter. This represents a drop of one third compared to the same period last year.
Transport PolicyFinance & Stock MarketClimate Change
TL;DRA new study indicates that adhering to speed limits could save millions of euros annually. The average commuting distance extension would amount to just 54 seconds.
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