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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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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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Turkey plans to privatize the two Bosphorus bridges and eight highways for 30 years, with ownership remaining with the state. The awarding of operating rights is expected to be completed by the end of 2031.
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The eruption of the Anak Krakatau volcano in Indonesia led to the cancellation of over 200 flights in Jakarta. The ash cloud reached an altitude of 15,000 meters.
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US national debt has surpassed 40 trillion dollars, with interest payments now exceeding defense spending. Economists warn this comes at the expense of future investments, though an immediate default is unlikely.
Local PoliticsHousing & Urban DevelopmentTransport Policy
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A new bike path in Ettlingen features lights that cannot be switched on due to a lack of permits and environmental concerns. Responsibility for activating the lighting remains unclear.
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The US is exerting economic pressure on Iran to force a peace agreement. China is resisting sanctions, India is balancing between the US and Iran, while the United Arab Emirates has halted trade with Iran.
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High fuel prices in Europe are due to tight refinery capacities, disrupted trade routes, and a general diesel shortage, despite moderate crude oil prices. Refinery margins are high as demand for finished products exceeds supply.
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Four German states are calling for increased federal investment in inland navigation infrastructure and support for ships capable of operating in low water. They argue that waterway maintenance is lagging behind needs, while road and rail receive greater funding.
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