Wednesday, August 12

PR Newswire

MOSCOW, 5 November 2025: Russian President Vladimir Putin awarded the Medal of Pushkin to UAE Ambassador to Russia Mohammed Ahmed Al Jaber in a ceremony held in the Russian capital.…

NEW DELHI, October 25, 2025: The International Monetary Fund (IMF) has projected that India’s economy will grow by 6.6 percent in the fiscal year 2025-26, outpacing China’s 4.8 percent, according…

Latest News

Europe’s extreme summer heat and drought could cut EU economic output by about 1% in 2026, according to new analysis from Triodos Bank. The estimated loss equals roughly €180 billion and is close to the European Commission’s current growth forecast for the bloc. In May, the Commission projected EU gross domestic product would rise 1.1% this year. The comparison shows the scale of the weather-related damage estimated in the bank’s analysis.

Fujian authorities suspended 686 road passenger routes and 658 train services during the storm response. They also closed 234 major tourist attractions and canceled dozens of cultural and tourism events. In Shanghai, airlines canceled more than 900 flights at the city’s two main airports on Monday. Heavy rainfall caused flooding in parts of the financial center and disrupted public transportation. The measures followed widespread weather warnings across coastal areas exposed to Dolphin’s winds and rain.

The July consumer price index reached 102.92, with 2025 set as the index base of 100. Holiday home rentals and package holidays accounted for 1.24 percentage points of the monthly increase. Food added 0.15 percentage point. Lower clothing, hotel accommodation and footwear prices reduced the monthly rise by a combined 0.34 percentage point. Rent provided the largest positive contribution to annual inflation, adding 0.55 percentage point. Holiday home rentals added 0.51 point, while fuel added 0.39 point. Electricity prices cut 0.68 point from the annual rate. Food prices reduced it by 0.26 point, and package holidays subtracted 0.06 point. The combined movements left headline inflation below June’s 1.9% reading.

DR Congo’s Ebola outbreak has killed 1,916 people and produced 4,209 confirmed cases, according to official data through Aug. 7. That raises the death toll 29 above the 1,887 figure reported in the earlier update. Health authorities also counted 595 patients receiving care in isolation. Another 828 people have recovered from the Bundibugyo virus disease outbreak.