Japan's Mount Fuji sees snow for first time this winter
The peak of Japan's Mount Fuji was capped with snow for the first time this winter on Thursday, reaching the milestone 21 days later than the average ...
Germany edged out of recession with 0.2 % growth in the first quarter, but the recovery looked shaky as unemployment climbed to its highest level since the pandemic and looming U.S. tariffs threatened to stall momentum.
Germany’s economy eked out 0.2 % growth in the first quarter, breaking a run of two straight contractions, but fresh labour-market data and looming U.S. tariffs highlight the fragility of the upturn.
Preliminary figures from the statistics office on Wednesday showed GDP rising exactly as forecast, buoyed by consumer spending and stronger investment after a 0.2 % slide at the end of 2024. “Any positive number is welcome, but the increase is far too small to end Germany’s long stagnation,” said ING economist Carsten Brzeski.
Headline inflation eased to 2.2 % in April, near expectations and adding weight to calls for further European Central Bank rate cuts after June’s trim to 2.25 %. Core inflation, however, quickened to 2.9 % from 2.6 %, underscoring sticky domestic price pressures.
Despite the GDP uptick, the number of jobless Germans rose again in April and the unemployment rate hit its highest level since the pandemic. Deutsche Bank economist Marc Schattenberg blamed tariff uncertainty for sapping hiring, especially in export-focused manufacturing.
Economists fear the rebound could fizzle as higher U.S. duties on EU goods dampen orders later this year. The Ifo Institute warns output may shrink again by summer; JP Morgan says continued weakness could mark a third consecutive year of contraction—unprecedented for a G7 economy.
Retail sales, which had looked brighter earlier in the quarter, slipped 0.2 % in March, while import prices climbed, hinting at renewed inflation pressures. Corporate sentiment is also under strain: Mercedes-Benz withdrew its earnings outlook and Volkswagen flagged profits at the lower end of its guidance.
A centre-right coalition due to take office next week faces an urgent task: reviving Europe’s largest economy by restoring business confidence and unlocking consumer spending.
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.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
The peak of Japan's Mount Fuji was capped with snow for the first time this winter on Thursday, reaching the milestone 21 days later than the average since records began in 1894, the meteorological agency said.
Türkiye plans to acquire the necessary defence systems from its NATO allies and other partners until its domestically produced fighter jet, KAAN, is ready for delivery, a source from the Turkish Defence Ministry said on Thursday.
Talks between Thailand and Cambodia this week have made "meaningful progress", Thai defence minister Natthaphon Narkphanit said on Thursday, ahead of the potential signing of a broader ceasefire agreement.
The U.S. military conducted strikes against two vessels in the eastern Pacific Ocean, killing five alleged drug smugglers, U.S. Defense Secretary Pete Hegseth said on Wednesday. The operation marks an expansion of the Trump administration’s use of the armed forces in its counter-narcotics campaign.
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