The nation is reverting to a developing country due to the chancellor’s “lack of leadership,” the chief executive of Deutsche Boerse has said Germany is on the way to becoming a “developing country,” the head of the national stock exchange has claimed, blaming Chancellor Olaf Scholz’s “lack of leadership” for economic problems.

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The Orenburg mayor has issued a warning amid mass evacuations, with the city of Orsk hit hardest by flooding Flood waters are continuing to rise in Orenburg in central Russia, Mayor Sergey Salmin has warned. The city of Orsk in the region, which borders Kazakhstan, has been the site of a major disaster over the…