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Ukrainian drone attacks on Russia's Perm and Belgorod regions each killed one person. Russia responded with attacks on the Ukrainian Black Sea port of Izmail, damaging loading facilities.
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Various demonstrations are taking place in Berlin against right-wing and Christian fundamentalist movements, advocating for an open society. An alliance is organizing counter-protests to the "March of Life," while a broad civil society coalition demonstrates for democracy and social justice.
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China is providing 46.1 billion Euros to state banks and insurers to strengthen their balance sheets. The funds aim to improve lending capacity and the ability to support the economy.
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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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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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Seven people died in new Israeli attacks in southern Lebanon. The Israeli army justified the attacks by citing Hezbollah drone attacks, which it considered a violation of the ceasefire. The Lebanese president called on the international community to act.
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Approximately 2,500 people demonstrated in Frankfurt am Main for ban proceedings against the AfD. Hundreds also gathered in Berlin and Mainz. A demonstration with an expected 5,000 participants is announced for the following day in Berlin.
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A large police operation at Hambach Forest to apprehend a suspect for sabotage on power lines was unsuccessful. In Saxony, twelve homemade explosive devices were also discovered, and a possible connection to incidents in Brandenburg and North Rhine-Westphalia is being investigated.