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Roof collapse kills 14 children at tutoring centre in Pakistan’s Lahore, officials say

A roof collapse at a tutoring centre under construction in Pakistan’s eastern city of Lahore on Tuesday killed at least 14 schoolchildren, police and rescue officials said. Eight other children were also injured and were being treated at a hospital, senior police official Faisal Kamran said, adding that the owner of the tutoring centre and another person have been arrested. Kamran said rescuers were continuing to search through the rubble after receiving reports that more children could be...

◇ unclassifiedchina · asia

Global Wealth Report: 2,680 new millionaires in the world – every day

The number of millionaires in the world grew rapidly last year - but not in Germany. This is shown by a study by the bank UBS.

◇ unclassifiedgermany · europe

16d06/30⚠ war-conflict · 2/5

Creative Destruction: The Monsters of Economics

Ridley Scott's global hit "Alien" from 1979 was actually not science fiction. The film is a sophisticated criticism of a distortion of the labor market, which is no longer a market.

◇ unclassifiedgermany · europe

Carsten Linnemann: Last hope of a “Merz-Ultra” – The CDU General Secretary’s double game

These days, everything is on the line for Carsten Linnemann: He is demanding more reforms from a government that he also has to defend. What drives the man who turned down two ministerial positions?

◇ unclassifiedgermany · europe

16d06/30⚠ war-conflict · 2/5

Handelsblatt Live: US stock market expert Koch: Indices have had their best quarter in years

The second quarter ends today, Tuesday, and overall it was a strong first half of the year for the Dow Jones, S&P 500 and the Nasdaq. “If you consider how much headwind Wall Street faced, the balance sheet is impressive,” says Markus Koch.

◇ unclassifiedgermany · europe · usa

LobbyControl: Stock pensions harbor dangers

With all the negative news of the last few days, here's something to laugh about.🍻 submitted by /u/089PK91 [link] [comments]

Social◇ unclassifiedgermany

Comment: The underestimated success of the fuel discount

Expensive, inefficient and questionable in terms of distribution policy: the criticism of the fuel discount is justified. But with regard to inflation, it has made a valuable contribution for now.

◇ unclassifiedgermany · europe

Sandisk’s stock could follow record-breaking quarter with another big jump, analysts say

As investors get more discerning in separating potential artificial-intelligence winners from losers, memory stocks have become a standout trade.

◇ unclassifiedusa

Market Insight: The Baby Boomers – America's Unrecognized Economic Drivers

Older people in the US benefit from strong stock markets and keep consumption going despite high inflation. This gives the economy additional tailwind.

◇ unclassifiedgermany · europe · usa

Hong Kong can develop further with deeper integration, liaison office chief says

Beijing’s top representative in Hong Kong has expressed confidence in the city’s ability to achieve greater development by further integrating into the country, while the chief executive has said authorities are moving “at full speed” to draw up the first five-year plan to align with the national blueprint. Speaking at a cultural gala marking the 29th anniversary of the city’s return to Chinese sovereignty on Tuesday evening, liaison office director Zhou Ji said he believed Hong Kong, with “the.

◇ unclassifiedchina · asia

16d06/30⚠ war-conflict · 3/5

Russia, Hamas, and China: Three reasons Turkey shouldn’t get the F-35

After President Donald Trump said he would make Turkey’s leader “very happy,” analysts from the Foundation for Defense of Democracies warn in this op-ed that including Ankara in the F-35 program is still the wrong move.

◇ unclassifiedusa · europe · china

16d06/30⚠ war-conflict · 3/5

US Supreme Court again rejects cap on political campaign spending limits

The US Supreme Court has again struck down campaign spending limits, this ⁠time rejecting federal restrictions on coordinated spending between political parties and their candidates on free speech grounds. The ruling on Tuesday comes as major Republican committees head towards the November midterm elections with a significant cash advantage over their Democratic counterparts. Siding with Vice-President J.D. Vance and other Republican challengers, the court ruled 6-3 that a cap on the amount of..

◇ unclassifiedchina · asia · usa

16d06/30⚠ war-conflict · 3/5

Great Britain: Drones instead of warships: Starmer announces the largest restructuring of the armed forces in generations

The British want to spend more money on defense and will increasingly rely on unmanned, autonomous and AI-controlled weapon systems in the future. Military experts complain that it is too little, too late.

◇ unclassifiedgermany · europe

16d06/30⚠ war-conflict · 2/5

Fallen firefighter Ho awarded Medal for Bravery in Hong Kong’s 2026 Honours List

Firefighter Ho Wai-ho, who was killed in Hong Kong’s deadliest blaze in decades, has been recognised for his bravery in this year’s Honours List, while eminent economist Lawrence Lau Juen-yee is among three recipients of the city’s highest award. Fencer Ryan Choi Chun-yin and cyclist Ceci Lee Sze-wing were also among the 466 individuals named in the 2026 Honours List on Wednesday, with the pair recognised for their achievements at last year’s National Games. Ho was posthumously awarded the Medal

◇ unclassifiedchina · asia

16d06/30⚠ war-conflict · 3/5

Oil Markets Brace for a Summer of Hormuz Volatility

Brent tops $73 as renewed U.S.-Iran strikes keep Hormuz on edge, leaving oil markets vulnerable to sharp summer price swings. Hormuz Plays Red Light, Green Light as Transits Slow Down This Week - Reaching 59 transits, June 24 has marked the highest number of Hormuz crossings since US-Iran MoU was signed, with traffic slowing down following last week’s attack on a cargo ship and weekend strikes on Iranian territory. - This week’s daily transit rates hover around 20-25 ships per day, however nowad

◇ unclassifiedmiddle-east · russia · usa

Trade conflict: Who will still be allowed to supply steel to Europe in the future?

The EU is raising the tariff wall around its steel industry. A Handelsblatt analysis shows: Turkey and Ukraine are spared, while two major powers are virtually locked out.

◇ unclassifiedgermany · europe · uk

Nike is set to report earnings after the bell. Here's what to expect

Nike is expected to report another quarter of declining sales as the sneaker giant struggles to regain strength under its turnaround strategy.

◇ unclassifiedusa

British ESG Platform Put Up for Sale as Sustainability Spending Slows

An ESG reporting platform backed by the government-owned British Business Bank has been put up for sale after appointing administrators, City AM can reveal, in the latest sign blue-chip companies are paring back their sustainability commitments. World Wide Generation, which operates the platform, known as G17 Eco, has opened the bidding to interested parties and those expressing interest following a listing on an insolvency marketplace. The London-based company, which was once valued at more tha

◇ unclassifiedmiddle-east · russia · usa

Trump administration expands list of graduate degrees subject to higher borrowing limits

Many graduate students will be subject to higher federal student loan caps than previously expected, after a court ruling last week. Here's what to know.

◇ unclassifiedusa

Competition in passenger transport: Network agency opens the door to rail competition

In the dispute between competitor Italo and Deutsche Bahn, the Federal Network Agency is now saying: The railway must carve out more space for rivals on contested long-distance routes. The top dog doesn’t like that at all.

◇ unclassifiedgermany · europe

Struggling to invest monthly into World ETF at all-time high+ geopolitical risk… am I overthinking this?

Basically what the title says. I’ve been investing monthly into a World ETF, but right now it’s at all-time highs and with everything going on in the Middle East, I find it hard to keep putting money in. I know you’re not supposed to time the market, but psychologically it feels wrong to buy at these levels when a drop feels more than plausible. Hence, I ended up pausing my investments for the last 2 months because of this. Am I just falling into a classic bias here? Or is it somewhat reasonable

Social◇ unclassifiedeurope · middle-east

GOP Rep. Tom Kean says depression diagnosis caused months-long absence from Congress

New Jersey Rep. Tom Kean said he was diagnosed with depression, explaining a months-long absence from Congress in a competitive district in the midterm elections.

◇ unclassifiedusa

New MDI plant: Covestro invests billions in China

The Leverkusen-based plastics company wants to build a new large-scale plant in China because demand is strongest there. Under the new owner XRG from Abu Dhabi, the focus is also on the Middle East.

◇ unclassifiedgermany · europe · china

Planned major investment: First BASF, now Covestro – China is becoming the emergency solution for the German chemical industry

Despite ruinous price wars and overcapacity, Covestro announces a major investment in China. The risks are great, but there is a lack of alternatives.

◇ unclassifiedgermany · europe · china

Interview: Helmholtz boss: “The reputation of the research location is at stake”

Helmholtz President Keller comments for the first time on the events surrounding the Cispa research center. He names failures and calls for new rules in dealing with China.

◇ unclassifiedgermany · europe · china

Coalition: Struggle for tax reform: Relief could come in two stages

The Union and the SPD want to agree on a tax reform on Wednesday. It's about relief of up to 900 euros per year for a taxpayer. But the financing is controversial. A trick could help.

◇ unclassifiedgermany · europe

16d06/30⚠ war-conflict · 1/5

Mini-job abolition vs. active pension

Hello everyone, a thought recently occurred to me and I hope that smarter people than me (you) could explain to me where my error in thinking is because that can't really be the case: mini-jobs are currently supposed to be abolished and therefore most part-time jobs / student jobs etc. are fully taxed + social security contributions. You can think what you want about it now, but that's just the way it is. At the same time, there is now an active pension where virtually everyone from 67 can earn €2,000 in addition to their pension. here are

Social◇ unclassifiedgermany · usa · europe

16d06/30⚠ war-conflict · 3/5

SOCOM is seeking a long-range kamikaze drone

Armed with loitering munitions, SOCOM MC-130J gunships and other aircraft would be able to hunt targets deep inside enemy lines.

◇ unclassifiedusa · europe · india

Thailand Looks to Buy Into U.S. LNG Export Projects to Secure Supply

Thailand’s state-owned oil and gas firm PTT is in early-stage talks with developers of U.S. LNG export projects to invest in facilities and secure long-term supply, anonymous sources with knowledge of the matter told Bloomberg on Tuesday. Thailand looks to secure long-term supply to avoid costly spot LNG purchases during crises such as the current disruption in the Middle East. PTT is talking to several developers, including Australia’s Woodside Energy, which is building the Louisiana LNG export

◇ unclassifiedmiddle-east · russia · usa

IPO: Investors grab Infracore shares before the IPO

Infracore wants to raise around 200 million francs with an IPO. The money is intended to finance the purchase of additional clinic properties.

◇ unclassifiedgermany · europe

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