Stabbing attack at German utility company leaves one dead, two injured
One person was killed and two seriously injured in a stabbing incident at an electric utility company in south-central Germany, police said....
Daren Acemoglu, Simon Johnson, and James A. Robinson won The 2024 Nobel Prize in Economics for their inspiring research on “ How institutions are formed and affect prosperity”
Daren Acemoglu, Simon Johnson, and James A. Robinson won The 2024 Nobel Prize in Economics for their inspiring research on “ How institutions are formed and affect prosperity” Annouced by the Royal Swedish Academy of Sciences.
The awardees work showcases the importance of societal institutions in a nation’s economic achievement.
The chair Committee for the Prize in Economic Sciences Jakob Svensson, pointed out the awardees successful work in dealing with global inequality. “Stating the income between countries is one of the major challenges of our time. The awardees have shown how challenging societal institutions are in achieving this goal," he said.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
Tesla’s new car registrations plunged sharply in June, dropping 64.4% in Sweden and 61.6% in Denmark compared to last year, highlighting growing challenges for the U.S. electric vehicle maker in these Nordic markets.
More than $2.5 billion in new deals and commitments between the United States and African partners were announced at the 17th summit, underscoring the U.S. commitment to prioritizing trade over aid by engaging Africans as equal partners in investment-driven growth, the State Department announced.
Gold prices edged higher on Monday after slipping to their lowest level in more than a month, supported by a weakening U.S. dollar and easing geopolitical tensions that have tempered safe-haven demand.
The French Riviera town of Cannes will restrict large cruise ships from docking starting from January 2026, as part of new efforts to manage over tourism and protect local infrastructure.
Polish refiner Orlen will not buy Russian oil for its Czech refinery after 30 June, Chief Executive Ireneusz Fafara said on Monday. "We freed Central Europe from Russian oil today," Fafara stated.
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