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Russia
Russians pull billions from banks fearing Kremlin will seize savings for war
Russia's central bank reported that billions of roubles have been withdrawn from banks each month, as Russians pull out cash amid fears of the Kremlin seizing their savings to fund the war in Ukraine amid a deteriorating economy.
Culture news
Thinking outside the box about wellbeing: inside Medicine Festival
More than 10,000 people have traveled to Medicine Festival to take part in ancestral ceremonies, dance, practice yoga and explore different approaches to mind-body health. Many have travelled from across Europe to participate.
Economy
Which food prices could rise as war and heatwaves hit supplies?
Global food prices are expected to increase by double digits in 2026 as Russia's escalating war in Ukraine worsens the impact of other food price shocks, according to Oxford Economics. Wheat is expected to face the greatest pressure, likely pushing up bread and pasta prices.
Europe News
EU-backed electricity link to Cyprus stalls amid regional tensions
The nearly €2 billion Great Sea Interconnector subsea cable would connect Cyprus to the EU's electricity system and end Nicosia's energy isolation. However, Turkey's maritime ambitions and financing issues have been stalling the project, which was meant to become operational in 2024.
Europe News
Film producer Altmayer and Dior PR director Favier killed in car crash
"Their joint passing has cast a shadow over two worlds which, one through the stories it creates and the other through the silhouettes it crafts, together carry France’s cultural influence far and wide," Catherine Pégard, France's Culture Minister, said.
