TL;DRThe European Central Bank has maintained its key interest rate at 2.25 percent. While inflation is decreasing, rising energy prices due to Middle East conflict could necessitate an interest rate hike in the autumn.
TL;DRGerman Foreign Minister Johann Wadephul is visiting Nigeria and South Africa to foster new partnerships, focusing on energy, infrastructure, and economic cooperation. The aim is to secure African energy resources and open up markets for German interests.
TL;DRThe World Bank warns that an escalation in the conflict between the US and Iran could negatively impact global economic growth. Such a scenario could lead to a severe global economic crisis.
Global EconomyForeign PolicyArtificial Intelligence
TL;DRAt a world conference in Shanghai, China emphasized its artificial intelligence ambitions while narrowing the technological gap with the United States. Additionally, Beijing is increasingly focusing on open-source solutions to establish partnerships with the Global South.
TL;DRRemco Evenepoel won the Tour de France individual time trial ahead of Tadej Pogacar. German cyclist Florian Lipowitz was forced to withdraw from the race following a severe crash.
TL;DRThe "The Lure of the Image" exhibition at C/O Berlin examines the influential power of visual media. The display explores the concept of audiovisual self-empowerment.
TL;DRThe decision regarding the inclusion of the Normandy landing beaches in the UNESCO World Heritage list is scheduled between July 24 and 27. The designation is intended to improve the protection of the heritage site and promote tourism in the region.
TL;DRProfessional cyclists at the Tour de France have reported temperatures reaching up to 40 degrees Celsius. In response to the extreme heat, rider Tadej Pogačar has suggested moving the race to a cooler time of year.
Art & ArchitectureForeign PolicyMuseums & Exhibitions
TL;DRThe European Union has cancelled a two-million-euro grant for the Venice Art Biennale. This decision follows Russia's participation in the event, which is occurring for the first time since the start of the war in Ukraine.
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