Europe
Hungary and Slovakia will resist Russian oil phaseout
Reactions from Budapest and Bratislava to Kyiv’s Lukoil sanctions betray a lack of interest in diversifying oil supplies
HungarySlower euro-area services signal lower GDP and rates
The July euro-area services PMI weakened but East Asian services activity picked up slightly
EUEnvironmental action in Europe is resurging
Climate activism, both in terms of protests and litigation, has been increasing in recent months
EuropeThe situation in French New Caledonia remains febrile
Proposed electoral reforms have intensified polarisation in New Caledonia, France’s Indo-Pacific oversees territory
FranceRussia prisoner exchange may create trust for talks
Russia and the West yesterday conducted their largest prisoner exchange since the Cold War, involving 24 individuals
RussiaCocaine seizures will not dent buoyant global market
Cocaine is a growing health and security challenge across Europe
InternationalLong-term higher food prices will drive inequalities
World food prices continued to ease in July, led by cereal, although remain far above 2013-18 levels
InternationalGreeks may lose trust in justice system
Citing insufficient evidence, Greek courts dropped two controversial cases this week, leading to public outcry
Greece
