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Climate change incurs rising costs through crop failures, extreme weather events, and increased medical expenses. Studies estimate the economic consequences of a three-degree Celsius global warming at a GDP decline between 1.6 and 26 percent.
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Federal Agriculture Minister Alois Rainer announced aid for farmers due to crop failures from heat and drought. The current grain harvest is 7.3 percent lower than the previous year. Planned measures include increased loan programs, tax relief, and higher direct payments.
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The official harvest report shows a grain yield of 69.1 decitonnes per hectare, matching the average for 2020-2025, contrary to the Farmers' Association's pessimistic outlook. Agriculture Minister Alois Rainer still calls it a crisis and demands subsidies, while scientists criticize the planned aid.
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The Agriculture Minister has announced state aid of up to one billion euros due to a national crisis in agriculture. The grain harvest stands at 37.4 million tons, 7.3 percent below the previous year's value.
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US government officials accuse China's shipping company Cosco of equipping its cargo ships with technology to intercept military radio communications at coasts. The Chinese embassy has denied the allegations.
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Attacks on Ukrainian drone factories were thwarted in the Czech Republic and Slovakia, with Russian intelligence services suspected of orchestrating them. Three suspects were arrested in Slovakia, and another person in Germany.
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Iran's Revolutionary Guards attacked targets in Kuwait, Jordan, and Bahrain. US troops subsequently ended a wave of attacks on positions near the Strait of Hormuz.
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The US has again attacked targets in Iran, according to its own statement. President Trump warned Iran against retaliation after alleged attacks on shipping in the Strait of Hormuz.
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Eight people died in Russian air strikes on Kyiv, with four more killed in surrounding areas. Russia is increasingly using faster, jet-powered drones that are harder to intercept. Ukraine continues its own attacks on Russian territory.
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Eight people died in Russian air strikes on Kyiv, with four more in surrounding areas. Russia is increasingly using faster, jet-powered drones that are harder to intercept. Ukraine, in turn, continues attacks on Russian territory.
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