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US mediators Steve Witkoff and Jared Kushner held talks in Russia and Ukraine to reach an agreement. No concrete results were achieved, but there are "new ideas" and the US wants to revive a trilateral discussion format.
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Two Palestinians were shot dead by Israeli settlers in the West Bank village of Hadscha. The Israeli army is investigating the incident, in which two other people were injured.
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The International Court of Justice (ICJ) is again hearing a case concerning German arms exports to Israel, following Nicaragua's accusation of Germany aiding genocide. In July 2024, the ICJ rejected Nicaragua's urgent request for an immediate arms embargo.
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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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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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The AfD achieved an election victory in Saxony-Anhalt. Meanwhile, the funeral of convicted war criminal Ratko Mladić in Belgrade strains Serbia's EU membership aspirations, despite EU warnings against glorification.
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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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