Business
A public interest litigation filed by traders and consumer groups seeks to halt a 0.4% merchant discount rate on Unified Payments Interface transactions above ₹2,000. The case, heard by the Supreme Court, raises constitutional concerns and fears that the fee will be passed on to consumers.
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President Aleksandar Vučić announced he may step down and suggested holding presidential and parliamentary elections together. The move could see Prime Minister Ana Brnabić assume the presidency on Sept. 27, according to local reports.
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France’s latest heat wave has led to more than 800 excess deaths, according to health authorities. The surge has prompted national emergency measures and an EU plan for a new firefighting fleet.
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Hungarian authorities announced that a major domestic oil pipeline may be back in service in a matter of days, easing fears of fuel shortages. The rapid restart is being treated as a top national priority amid heightened energy‑supply concerns.
Business
Consensus among analysts points to a near‑certain interest‑rate hike at the Fed’s September meeting, driven by resilient retail sales and lingering inflation pressures. The move would lift borrowing costs further, with pronounced effects on mortgage rates and lower‑income households.
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Lawmakers debated and voted on the second reading of a sweeping constitutional amendment package, while public‑sector unions called a strike and students camped outside the Finance Ministry over housing costs. The outcome will shape Greece's institutional framework and foreign‑policy posture.
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A surge of migrants, including hundreds of unaccompanied minors, into the Spanish enclave of Ceuta has triggered a prosecutor's investigation, EU emergency discussions and fierce domestic political clashes. The crisis is straining Spain's ties with Morocco, prompting border checks with Italy and sparking public protests and sporting controversy.
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The Social Democratic Party of Austria (SPÖ) has officially denied media reports of a crisis meeting among its leadership. The denial comes amid heightened public interest in the party’s unity ahead of upcoming national elections.
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With gasoline and diesel hitting all‑time highs, CDU leader Friedrich Merz has pledged a consumer relief package. The proposal, which includes a price‑cap and a windfall tax on oil majors, has ignited a heated debate over fairness and fiscal impact.
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Russia awarded a decoration to the commander of a frigate that fired warning flares close to a Danish military helicopter in the Baltic Sea, sparking diplomatic tension. The incident has become Denmark's leading domestic story, prompting political debate over NATO readiness and regional security.
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Swedish incumbent Prime Minister Ulf Kristersson says he has the right to stay in office while the centre‑left bloc enjoys a slim edge in the final vote count. Coalition negotiations are expected to be protracted amid strike threats in the tech sector and defence‑industry stakes.
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A blast in the Osdorp district of Amsterdam prompted police to uncover a large illegal weapons stash. Authorities say the only suspect identified so far is missing both legs and remains at large.