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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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A court in Cairo has sentenced TV presenter Sarah Khalifa and eleven other individuals to death for drug trafficking. Over 750 kilograms of drugs and their ingredients were seized from the accused.
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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.
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Heatwaves and wildfires are worsening air pollution from fine dust and ground-level ozone, threatening human health and ecosystems. The World Meteorological Organization (WMO) warns that wildfire smoke could underestimate mortality from PM2.5 particles by up to 93 percent, and extreme events have tripled.
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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Germany is establishing a virtual analysis space for pseudonymized health data of approximately 74 million statutory insured individuals. The European Health Data Space aims to enable the use of this data for medical research and policy decisions, with data remaining within the center. Future integration of private health insurance data is planned.
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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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Between 402 and 433 million farmers worldwide suffer from acute pesticide poisoning each year. Global pesticide consumption has doubled since 1990, reaching 3.8 million tons in 2023.
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The world's first solar-powered ambulance, Stella Juva, developed by students from Eindhoven University of Technology, can deliver medical care directly to people in remote areas lacking stable power grids. It generates more solar power when stationary than its medical equipment consumes.
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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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