Commerzbank plans job cuts, new goals to fend off UniCredit

Commerzbank has announced cost-cutting measures to stave off any takeover bid by Italy's UniCredit that the German lender says would lead to much more drastic job cuts.

Source: Deutsche Welle

Why Brazil's currency depreciation is back to haunt Lula

Down by over 20%, the Brazilian real received the ignominious title of worst-performing major currency in 2024. The selloff has eased somewhat recently, but the country's fiscal woes still have …

Source: Deutsche Welle

Gaza ceasefire: Hamas hands over 3 hostages to Israel

After a standoff between Hamas and Israel earlier this week, Hamas handed over three hostages on Saturday as part of the ceasefire deal signed last month. DW has the latest.

Source: Deutsche Welle

American-Israeli among 3 hostages freed by Hamas in latest exchange

Hamas released dual U.S.-Israeli national Sagui Dekel-Chen along with two other hostages as the Gaza ceasefire remained on track after a tense week.

Source: CBS News

‘We can’t change our leader again’: Tories despair at Badenoch’s poor PMQs performances

Allies want to give Conservative leader more time, but many insist her approach to Keir Starmer needs total overhaul

Kemi Badenoch is being urged to overhaul her approach to prime …

Source: The Guardian

In Scotland, ‘green lairds’ are buying vast estates for carbon credits

Locals fear the “green rush” will result in even more extreme concentration of land ownership in a warming world.

Source: Washington Post

Who will defend Europe?

Caught between an aggressive Russia and a disengaging America, the continent’s western democracies must now rearm — or pay the price

Source: Financial Times

Ex-Spain FA boss Rubiales awaits verdict of Hermoso trial

The trial of Luis Rubiales for kissing Spain forward Jenni Hermoso on the lips after the 2023 Women's World Cup final has ended. A verdict isn't expected for several weeks.

Source: Deutsche Welle

Czech opposition leader eyes state funding for public media

Czech opposition leader Andrej Babis hopes to return to power this fall. High on his agenda would be his plan to bring public media under state control — taking inspiration …

Source: Deutsche Welle

As German election nears, CDU still leads in polls

The conservative Christian Democrats haven't sustained major damage despite having accepted support from the Alternative for Germany. But fewer people now trust chancellor hopeful Friedrich Merz not to veer to …

Source: Deutsche Welle

Zelenskyy calls for European army as Germany hits back at US over Vance tirade – Europe live

Olaf Scholz says Germany ‘will not accept’ people who ‘intervene in our democracy’ after US vice-president’s speech in Munich

• JD Vance stuns Munich conference with blistering attack on Europe’s leaders
• …

Source: The Guardian

This chart of Clive Palmer’s spending shows one reason we need political donation reforms

Changes to political donation rules are moving through parliament, and one man will be affected the most

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Source: The Guardian