Here's what we now know about the European Central Bank's rate cut plans

German Chancellor Olaf Scholz lost a confidence vote in the Bundestag, leading to an early election in February 2022. Scholz had called for the vote himself to trigger earlier elections, as the ruling coalition had dissolved. Despite remaining as a de facto minority government until the new Bundestag is formed, Scholz faces challenges in passing laws and implementing a provisional budget for 2025. Full Article

An estimated 3,700 tons of low-grade fuel oil spilled into the Kerch Strait following damage to two Russian ships, the Volgoneft 239 and Volgoneft 212, during stormy weather. The spill has not yet reached the shore, with one sailor reported dead and another ship left damaged and adrift. Greenpeace Ukraine expressed concern over the environmental impact of the spill in the important global shipping route, calling for additional sanctions on Russian tankers. Full Article

Cyclone Chido, the worst storm in 90 years to hit Mayotte in the Indian Ocean, has caused devastation with a death toll of 19 confirmed but potentially hundreds more feared dead. The powerful storm made landfall with wind speeds exceeding 220km/h, leaving critical infrastructure damaged and displacing 100,000 people to emergency shelters. Mayotte's health system has been severely impacted, with limited access to care, while the local airport control tower sustained damage, hindering rescue efforts...

Bashar al-Assad has issued his first remarks since opposition forces took over Syria, claiming his departure was not planned and he fought alongside the army until the end. The rebel forces led by Hayat Tahrir al-Sham stormed Damascus, leading to the fall of the Assad regime. The leader of HTS, Ahmad al-Sharaa, has made appearances asking for international aid. The international community is considering how to interact with Syria's interim leadership, with the EU setting...

The Mumbai Police arrested three individuals for allegedly defrauding an elderly woman of Rs 2.85 crore through a fake stock market investment scheme, where they posed as legitimate stockbrokers and offered fake investment opportunities. The scammers used Whatsapp to contact the victim, presented a professional webpage, and provided forged documents to gain her trust before duping her. The accused were identified as Sheshnath alias Ganesh Shatrughan Pandey, Satish Ashok Punamiya, and Rahul Rajkumar Bachchan, who...

Defending champions England and debutants Wales have been drawn in the same tough Euro 2025 group in Switzerland, along with France and the Netherlands. The Lionesses, ranked fourth in the world, will face Wales, ranked 30th, in the final round of group fixtures on 13 July. The 16-team tournament will take place from 2-27 July across eight venues in Switzerland. Full Article