Germany falls into recession as inflation hits economy
Rising prices have dampened demand from households and businesses in Europe's largest economy.
2023-05-25 17:19
Sunak Finds UK Inflation May Follow Him Into Election Year
If Prime Minister Rishi Sunak thought inflation would drop away quickly this year, delivering an easy victory in
2023-05-25 17:18
Madeleine McCann police start digging in woodland
Fresh searches in the disappearance of Madeleine McCann have seen police dig a concentrated area of woodland near the banks of a remote reservoir in Portugal. Personnel spent a number of hours cutting back the undergrowth of a peninsula next to the water on Wednesday, before using shovels to excavate part of the area. A large section of the Barragem do Arade has been cordoned off since Tuesday morning, around 30 miles from where the three-year-old went missing in 2007. Follow our live blog for all the latest updates Sniffer dogs and rakes have been used by uniformed and plain-clothed officers over the course of two days, before specialist forest workers used strimmers and heavy machinery to cut back the landscape. It is understood the operation will continue on Thursday. The fresh searches are being carried out at the request of German investigators who believe their prime suspect, convicted sex offender Christian Brueckner, 45, kidnapped and murdered the youngster. He is currently in prison in Germany for the rape of a woman in Praia da Luz in 2005, and is suspected of further rapes and child sexual abuse committed in the area between 2000 and 2017. German authorities have not revealed what triggered the latest search operation, but prosecutor for the city of Braunschweig Christian Wolters said they were acting on the basis of “certain tips”. He told German public broadcaster NDR: “We have indications that we could find evidence there. I don’t want to say what that is exactly, and I also don’t want to say where these indications come from. “The only thing that I would clarify is that it doesn’t come from the suspect — so we don’t have a confession or anything similar now, or an indication from the suspect of where it would make sense to search.” The Sun reported that investigators previously found photos and video of Brueckner at the reservoir. He has reportedly denied any involvement in Madeleine’s disappearance. Madeleine vanished while on holiday with her parents in Praia da Luz, after they left her and her younger twin siblings asleep in their apartment while they went out to dinner with friends. Portuguese lawyer Marcos Aragao Correia previously claimed that criminal contacts had told him that Madeleine’s body was in the reservoir, and in 2008 he raised funds for unsuccessful private searches of the water. Four teams of officers from the Portuguese Policia Judiciaria are involved in the operation, along with at least 20 of their German counterparts, Portuguese news outlet SIC said. British officers from the Metropolitan Police are also present while the work is carried out so they can inform Madeleine’s parents if there are any developments. On Tuesday, search teams were seen scouring the banks – hammering away at the ground with pickaxes and combing through small rocks with rakes and spades. Around a dozen officers with sniffer dogs were also at the site, while the fire service boat took officers onto the water. Portuguese daily Expresso said that the first day ended with no significant results, and that police had collected some objects including fabrics and garments. Madeleine’s disappearance has attracted enormous media attention since she vanished, and reporters are being kept at arm’s length around a mile away from where search activity is taking place. A no-fly zone has also been imposed over the reservoir. The new searches come as the Home Office granted an extra £110,000 in funding this financial year for the Metropolitan Police to assist with finding Madeleine, down from just over £300,000 last year. The total funding given to Operation Grange has been just under £13.1 million since 2011. Read More Madeleine McCann – latest news: Key suspect visited reservoir ‘days after disappearance’ Madeleine McCann case: Timeline of the missing child’s disappearance How much has the Madeleine McCann investigation cost? Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live
2023-05-25 15:51
Germany Endures First Recession Since Covid on Consumer Weakness
Germany suffered its first recession since the start of pandemic, extinguishing hopes that Europe’s top economy could escape
2023-05-25 15:48
VinFast Recalls All 999 of Its First SUVs Shipped to the US
Vietnam’s electric-car maker VinFast recalled all 999 of its initial sport utility vehicles shipped to the US over
2023-05-25 15:48
Madeleine McCann – latest news: Key suspect ‘visited remote reservoir days after disappearance’
The prime suspect in the search, Christian Brueckner, is said to have visited the Portugal reservoir “some days” after Madeleine McCann disappeared, a source close to the investigation revealed. It comes as divers searching for Madeleine entered the reservoir in Algarve for the third day. German detectives were informed by a “very credible source” who knew the suspect, The Telegraph reported. The Barragem do Arade is around 31 miles from the Praia da Luz resort where Maddy disappeared. Investigators believe the 45-year-old killed Madeleine, then aged three, after abducting her from a holiday apartment. On Tuesday, officers acting on “credible information” were said to be seeking any fragments of clothing and old rags that could be related to her disappearance, as reported by the Daily Mail. The development comes just 10 days after Madeleine’s parents, Kate and Gerry McCann, issued a tribute on their Leicestershire-born daughter’s 20th birthday, telling her: “We love you and we’re waiting for you. We’re never going to give up.” Read More Madeleine McCann police cut down trees as they search suspect’s ‘little paradise’ in Portugal Madeleine McCann reservoir search: What do we know about Portugal’s Barragem do Arade? Madeleine McCann case: Timeline of the missing child’s disappearance
2023-05-25 15:25
Central Europe firms stake positions in Ukraine reconstruction race
By Michael Kahn, Robert Muller and Anna Koper PRAGUE/WARSAW Central European companies are scouting out locations, signing contracts
2023-05-25 14:17
Cargo Ship Runs Aground in Suez Canal, Disrupting Trade Route
Work is underway to free a bulk carrier that’s run aground in the Suez Canal, causing fresh disruption
2023-05-25 12:48
Nasdaq Futures Jump on Nvidia; Yen Rises on Fitch: Markets Wrap
US stock futures opened higher at the start of Asian trading on Thursday as risk sentiment turned positive
2023-05-25 07:16
Oil Rally Sputters as Risk-Off Sentiment Proliferates Markets
Oil shed most of its gains with sentiment deteriorating fast as the clock ticks on US debt ceiling
2023-05-25 01:57
IMF Chief Reassures on Debt Deal; Roubini Sees Risk: Qatar Forum
The International Monetary Fund’s Kristalina Georgieva expressed confidence that the US will reach a deal on the debt
2023-05-24 20:18
Hydrogen Hype Is Raging But Can’t Lure Investment to Europe
As Europe seeks to exit fossil fuels, a relatively unproven alternative is forming the backbone of its clean-energy
2023-05-24 20:17