Germany scraps fast-track citizenship programme amid shifting public mood
Germany has ended its fast-track citizenship programme, reflecting a shift in public attitudes toward migration and integration....
Russia’s central bank has ruled the state violated minority shareholders’ rights in seized assets, signaling rare pushback against nationalisation.
The Russian central bank found that the government breached shareholder rights in some asset seizures linked to Moscow’s war in Ukraine. This marks the first significant pushback from parts of Russia’s elite against the nationalisation wave.
Tens of billions of dollars in assets owned by foreign and domestic investors have changed hands, often after being seized by the state. Market-friendly technocrats and business executives are voicing concerns about moves toward a Soviet-style command economy focused on the Ukraine conflict.
The central bank acted after the Moscow Stock Exchange complained about the state’s acquisition of a majority stake in gold miner UGC. While the seizure itself wasn’t challenged, authorities ruled the government failed to make a mandatory buyout offer to shareholders. The state property agency was instructed to execute the offer.
Investors warned that such actions undermine private property rights and deter market participation. About 10% of UGC shares are held by Russian retail investors, and the incident is raising doubts over future public offerings.
Officials are exploring accelerated sales of seized assets to shift buyout responsibilities, with copper producer UMMC emerging as a potential buyer for UGC’s stake. Central bank officials stressed that restoring investor confidence is crucial for Russia’s economic stability, even after the conflict ends.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
A newly elected German mayor survived multiple stab wounds in a shocking family attack.
Cristiano Ronaldo has become football’s first billionaire player, according to Bloomberg, which tracks the world’s richest individuals.
Germany has ended its fast-track citizenship programme, reflecting a shift in public attitudes toward migration and integration.
Israel and Hamas have agreed to the first phase of the U.S.-proposed Gaza deal, which will see the release of all Israeli hostages, U.S. President Donald Trump announced on Wednesday.
French President Emmanuel Macron will appoint a new prime minister within 48 hours, his office said Wednesday, following the resignation of Sebastien Lecornu amid political deadlock.
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