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Bayreuth

  • 4h ago

    Bayreuth scales back 150th anniversary festival program after €344,000 budget gap discovered

    The city of Bayreuth has canceled its planned festival mile for the 150th Bayreuth Festival after a double-counting error left a €344,000 shortfall, but a scaled-back program with a concert and serenade may still go ahead.

Today’s Brief

Hormuz opens, rates hold

Trump reopens Hormuz as G7 stiffens Ukraine line and Fed resists cuts

The night brought less escalation, not less risk. Washington and Tehran moved oil traffic back toward normal, while allies tried to turn a G7 summit into pressure on Russia. In Europe, migration policy hardened, and in Washington the Federal Reserve reminded Donald Trump that appointment is not obedience.

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  • Kyiv airstrikes and Moscow refinery fire

    Russia launches over 50 missiles at Kyiv causing blackouts, while a Ukrainian retaliatory drone strike sets a Moscow oil refinery on fire

  • Ukrainian drone strikes on Moscow

    Hits Moscow oil refinery for the second time this week, causing a fire at the facility and prompting flight suspensions at local airports

  • Cuba Communist Party approves market reforms

    Approves 20 reform proposals to expand private investment, backed by Raúl Castro, before the National Assembly vote this week.

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European Union · Updated 4m ago

The ageing Union's economy

The ECB reiterated its stance on structural reforms, and EU leaders debated Draghi report implementation without concrete new decisions, reflecting ongoing discussions rather than a shift in policy direction.

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