Smoke rises following an Israeli strike, Gaza City, August 21, 2025. REUTERS/Dawoud Abu Alkas |
- Allied talk of sending European peacekeeping forces to protect Ukraine as part of a possible peace deal with Russia has sparked a backlash in Germany, a country still scarred by its militaristic Nazi past, even if the prospect remains remote.
- Italian police have arrested a Ukrainian man suspected of coordinating the attacks on the Nord Stream pipelines, Germany's prosecutor general said, adding that he would be brought before a German judge after being transferred.
- Most Americans believe that efforts to redraw U.S. House of Representatives districts to maximize partisan gains, like those under way in Texas and California, are bad for democracy, a new Reuters/Ipsos poll found.
- The US has stopped processing most visas in Zimbabwe until further notice, its embassy in the capital Harare said, citing unspecified concerns with the government.
- The British government policy of housing thousands of asylum seekers in hotels was facing severe pressure, as opponents leapt on a court ruling to call for protests and legal action to have them all evicted.
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Powell following the issuance of the Federal Open Market Committee's statement on interest rate policy in Washington, D.C. July 30, 2025. REUTERS/Jonathan Ernst/File Photo |
- The US Federal Reserve's pivot toward the labor market in 2020 will get a reboot when Fed Chair Jerome Powell is expected to release a new framework for the central bank that accounts for a half-decade in which inflation surged, jobs were plentiful, and uncertainty became the watchword. Here's how Powell has used Jackson Hole to signal what's next.
- Fed Governor Lisa Cook said she won't be bullied into stepping down, defying calls for her resignation by President Trump over allegations of mortgage fraud, and Meta is reportedly freezing hiring in its AI division. For more on the markets, watch our daily rundown.
- China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of its stance towards digital assets.
- Indian companies have seen the steepest earnings downgrades in Asia, with analysts slashing forecasts, as steep US tariffs heighten risks to growth even if proposed domestic tax cuts help cushion the impact.
- Shoppers at Checkers supermarkets in South Africa could soon be cruising the aisles with "smart" trolleys that let them know how much money they are spending and include in-built payment terminals.
- Shareholders of Italian merchant bank Mediobanca rejected the proposal of its chief executive Alberto Nagel to buy Banca Generali, a takeover that would have created Italy's second-largest wealth manager.
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Berlin courts tourists as Paris and Barcelona tire of the crowds |
A woman takes a photo of the Brandenburg Gate with her mobile phone in Berlin, Germany, August 15, 2025. REUTERS/Annegret Hilse |
As many southern European cities grow tired of tourists, Berlin is pitching itself as an antidote to the crowds, blistering heatwaves and anti-tourism protests causing problems elsewhere. The German capital is promoting its cutting-edge art scene, Prussian palaces and famed techno clubs to boost a tourism sector that has lagged behind the post-pandemic boom seen in other parts of Europe. |
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Noam Shuster Eliassi sits for a portrait in the village of Neve Shalom, where she lives, in Israel, August 12, 2025. REUTERS/Amir Cohen |
In her one-woman show "Coexistence, My Ass!," the Israeli comedian discusses her disillusionment with the peace industry, the moral reckoning over Gaza and the power of satire to confront the powerful. |
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