Housing construction in the EU and UK has fallen sharply due to interest-rate hikes, Bloomberg reported on Thursday. Policies aimed at tackling raging inflation are exacerbating supply-chain issues and sending the cost of loans and building materials soaring, the agency noted.
Deutsche CEO Christian Sewing assesses impact of Nord Stream 1’s probable shutdown Deutsche Bank CEO Christian Sewing has urged European authorities to take their time when it comes to escalating sanctions against Russia over the military standoff in Ukraine, saying that the measures may have negative impact on the bloc as well.
Battling terrorism cannot justify extraterritorial strikes which violate international law, experts believe Israel had no right to assassinate a senior Hamas leader and six others in Lebanon last week, UN experts have said, condemning the country’s extraterritorial use of force. The statement on the matter was carried by the Office of the UN High Commissioner…