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Canada has introduced retaliatory tariffs of up to 50 percent on US goods valued at 27.6 billion Canadian dollars. This action is a response to US tariffs on Canadian products, intensifying an 18-month trade dispute.
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Following a three-day ceasefire, mutual attacks resulted in deaths and injuries on both sides. US envoys held talks on a potential end to the conflict, and the Ukrainian Prosecutor General resigned.
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Ukrainian President Zelenskyy sees potential for talks to end the war after meeting with US negotiators and proposes trilateral meetings. Kremlin spokesman Peskov, however, spoke of a "very near victory" for Russia.
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German exports decreased by 0.8 percent in July, marking the first decline in five months and exceeding analyst expectations. This drop is attributed to reduced demand from China and the Eurozone.
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Qatar and the UAE are using ship-to-ship transfers to maintain LNG exports despite the Strait of Hormuz blockade. These emergency measures increase the cost of each shipment by over $1 million and extend travel time by up to 35 hours.
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The Sahra Wagenknecht Alliance (BSW) might enable a government formation with the AfD in Saxony-Anhalt by considering abstentions in the election of the Minister-President. Sahra Wagenknecht sees common ground with AfD voters on issues like migration and ending arms deliveries to Ukraine.
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25 out of approximately 2,600 electoral districts in Saxony-Anhalt will be recounted following the state election. This is due to missing subtotals in 24 districts and a discrepancy between the written record and the rapid report in one case. The local election official does not expect the final result to change.
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Sweden is acquiring ten HIMARS missile artillery systems from Lockheed Martin for approximately €630 million, with deliveries expected to begin in 2027. Sweden has also agreed with Finland to jointly use and further develop the missile artillery.
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SPD candidate Krach, citing 81 percent dissatisfaction with reform plans, calls for maintaining pension without deductions after 45 contribution years and reversing housing benefit cuts. He views the AfD's election victory in Saxony-Anhalt as a reflection of financial concerns.
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Following the election in Saxony-Anhalt, a far-right party could come to power for the first time since 1945, as the AfD will likely depend on votes from BSW or CDU. This could lead to pressure on minorities and societal division.
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