Sanctions designed to hurt Moscow are destroying the global economy, the foreign minister says EU businesses have lost at least €250 billion ($266.6 billion) due to the sweeping sanctions imposed on Moscow, Russian Foreign Minister Sergey Lavrov stated on Wednesday.

Two students are believed to have taken a teacher hostage, and police have entered the building, according to media reports Tactical police teams have entered a school in the Germany city of Hamburg after reports of two students, one of whom is believed to be armed, taking a teacher hostage.

Germany is to tighten its immigration laws and may begin processing asylum applicants in third countries outside of the European Union, Chancellor Olaf Scholz has announced. Italian Prime Minister Giorgia Meloni revealed earlier this week that Rome is going to build such a holding facility in Albania.