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US President Donald Trump proposed renaming the state of New Mexico to "New America" on his platform Truth Social. Governor Michelle Lujan Grisham rejected the proposal, calling it a distraction.
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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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An Amazon Boeing 767-300 cargo plane crashed at Miami International Airport after overshooting the runway and catching fire. Five people died and five others were injured in the incident.
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Following the state election in Saxony-Anhalt, leading CDU politicians have ruled out a debate about party leader Friedrich Merz. They instead call for an acceleration of the federal government's reform course. SPD politicians criticized the course and Merz's rhetoric.
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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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The AfD narrowly missed an absolute majority in the state election in Saxony-Anhalt but is expected to govern. An AfD government could influence administration and justice, roll back equality policies, and alter economic and climate policies.
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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Following the state election in Saxony-Anhalt, the AfD received the most votes but not an absolute majority. Government formation is complicated as other parties rule out coalitions with the AfD. There is no legal deadline for electing a new state premier.
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