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The DAX began weakly, weighed down by concerns over the outcome of the state election in Saxony-Anhalt and rising oil prices. German production fell in July, while the ECB anticipates an interest rate hike.
Global EconomyClimate ChangeWeather & Natural Disasters
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The World Meteorological Organization (WMO) predicts with almost 100% certainty that El Niño will continue until February 2027. This weather phenomenon, which raises global temperatures, could intensify further and have far-reaching climatic impacts until 2027, including droughts and floods.
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Actress Susan Sarandon states she has lost film roles due to her pro-Palestine stance. This comes amid accusations against Mark Ruffalo, defended by George Clooney, and an open letter from over 170 Jewish figures.
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Turkey has raised its inflation forecast for the end of the year to 28.4%. The Middle East war is cited as the main reason for the adjustment, with estimated impacts of around seven percentage points on inflation.
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The convicted war criminal Ratko Mladić is to be buried in Belgrade with state honors. EU Enlargement Commissioner Dubravka Šuica subsequently canceled a planned trip to Serbia.
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The EU plans a massive investment offensive in Greenland to strengthen Arctic security. €530 million will be provided for the 2028-2034 budget period, with an additional €200 million announced.
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The crisis in Iran has led to a price increase for recycled plastic in Cairo's garbage city, with one kilogram now fetching five instead of one pound. This allows some waste pickers, who informally handle disposal for over 20 million residents, to achieve higher profits.
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At least 14 individuals in Serbia, including opposition members and activists, were targeted with Pegasus and NoviSpy spyware since early 2026. These attacks, confirmed by civil rights groups and international researchers, are straining the political climate and prompting calls for EU action.
Human RightsMigration & IntegrationWelfare & Poverty
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Refugee helpers report threats and attacks by far-right mobs and angry residents in Ceuta. According to helpers, police are using excessive force against refugees, and healthcare is described as miserable.
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Following an eruption of the Anak Krakatau volcano, Soekarno-Hatta International Airport in Indonesia was temporarily closed. Over 22,000 passengers and 209 flights were affected by the closure due to volcanic ash in the airspace.
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