DAILY NEWS IN ENGLISH
Donetsk attack: Is peace in Eastern Ukraine doomed? Dmitry Peskov made it clear on Monday that Moscow will not withdraw from the Minsk peace agreement, even if it is "very difficult" to hold talks with Ukraine after the attack on Alexander Zakharchenko, leader of the Donetsk pro-Russian separatists. Earlier, the Russian presidentʼs press spokesman had said the attack would have "inevitable" consequences and that it wasnʼt helpingthe Minsk peace process. His remarks gave rise to speculation about the consequences for the peace plan for parts of eastern Ukraine, not yet implemented but agreed in 2015 in the Belarusian capital under German and French mediation. Kyiv considers the region an area occupied by Russia
Taliban: Haqqani network leader dead The founder and head of theHaqqani network insurgent group, Jalaluddin Haqqani, has passed away after a long illness, according to a Taliban statement. "Just as he endured great hardships for the religion of Allah during his youth and health, he also endured long illness during his later years," thenetworkʼs allies in the Talibanannounced. The statement did not disclose Haqqaniʼs time or date of death. Media reports had reported Haqqaniʼs death back in 2015, but the Taliban and family members denied those claims. The Afghan militant group has in the past covered up the deaths of previous leaders, such as that of Taliban supreme commander Mohammed Omar, which was kept under wraps for two years.
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Typhoon Jebi hits Japan Strongest in 25 years
More than 600 flights have been cancelled as Tokyo urged people in the path of the storm to evacuate. Authorities are preparing for the worst.
Dutch bank ING pays fine to settle criminal investigation Dutch banking firm ING Group announced Tuesday it had agreed to pay a fine of €675 million ($782 million) and €100 million for disgorgement, settling regulatory issues in its ING Netherlands business with Dutch authorities. The deal with the Dutch Public Prosecution Service (DPPS) related to previously disclosedinvestigations regarding various requirements for client on-boarding and the prevention of money launderingand corrupt practices. ING acknowledged serious shortcomings in the execution of due diligence policies to prevent financial economic crime at ING
Netherlands in the period under investigation— from 2010 to 2016. Restoring the bankʼs integrity ING said it sincerely regretted that the shortcomings in question that had enabled customers to misuse accounts. "We are taking a number of robust measures to strengthen our compliance risk management and support a strong risk culture and will be making further improvements to ensure we can play a full role in contributing to protecting the integrity of the financial system," Vincent van den Boogert, CEO of ING in the Netherlands, said in a statement.
Chemnitz concert: #WirSindMehr becomes a trending topic on Twitter Die Toten Hosen, Kraftklub, Trettmann: the list of bands who performed in Chemnitz Monday evening reads like a whoʼs who of German rock. The #WirSindMehr (We are more) concert was quickly organized by local band Kraftklub last week after several protest marches took over the East German city last week and demonstrations grew violent. Read
Argentinaʼs Macri imposes new austerity measures Argentine President Mauricio Macri on Monday announced his government would implement new austerity measures aimed atstabilizing the countryʼs economy. "We must confront a fundamental problem: to not spend more than we have, to make efforts to balance the stateʼs accounts," Macri said. The measures include taxes, massive spending cuts and an export tax on primary exports, including agricultural goods. "We know itʼs a bad, terrible tax that goes against what we want to foster: more exports to create more quality jobs," Macrci said. "Itʼs an emergency." The centerright president came to power in 2015 on promises to cut taxes. On his first day in office,he announced sweeping cuts to agricultural taxes. But economic woes have pushed down Argentinaʼs currency, withthe peso losing roughly 50 percent of its value to the US dollarsince January.
Mexicoʼs Enrique Pena Nieto blames police for crime surge Outgoing Mexican President Enrique Pena Nieto on Monday blamed surging violence across the country on state and local policeʼs inability to deal withsmaller criminal networksthat emerged aftermajor cartel leaders were captured. The federal government "had success in significantly reducing the capacity and size" of drug cartels, Nieto said in his final state of the union address.
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more: Chemnitz rocks against the far-
right Their appeal to fans from around Germany to descend on the city as a sign of tolerance drew an audience of 65,000 to the streets of Chemnitz. "So many resilient people here on stage, backstage and out in the public," the band tweeted Tuesday with a birdʼs eye view of the impressive crowd.
16 / 24 °C Precipitation: 0 mm
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Alexander Zakharchenko: The latest Ukrainian rebel leader to face an abrupt death Rebels in Ukraine are still reeling from the assassination of the head of the self-proclaimed"Donetsk Peopleʼs Republic," Alexander Zakharchenko, who waskilled by a bomb blast on August 31while sitting in a coffee shop in downtown Donetsk. The entityʼs "finance minister" and a youth leader were injured in the attack. The rebels say they captured "Ukrainian operatives" after the bombing. However, 42-year-old Zakharchenko is only the latest in a line of rebel commanders who have died in dramatic ways. Another Donetsk leader, Vladimir Makovich, briefly served as the "vice speaker" of the rebel assembly in 2014 before fading into the background of the rebel administration. He died in 2017, with the official cause of death being a brain tumor. He was 54 years old.
Europa League: Werner back as RB Leipzig face Universitatea Craiovia Timo Werner will be back in action for the Red Bulls as they face the first leg of the tournamentʼs final qualifying round. Leipzig coach Ralf Rangnick wants his team to strike early and give themselves a cushion. RB Leipzig heads into the last phase of qualification at the Europa League this Thursday in Romania before returning to Germany for the second leg on August 16. The meeting marks the first ever meeting of the sides. Leipzig is looking for a win, on the heels of their last Europa League match against Swedish club Häcken thatended in a 1-1 draw that helped them through after a comfortable first leg win. Leipzig is expected to have Timo Werner back in the starting lineup for the first time this season. The 22-year-old forward is back from a long break after the 2018 World Cup in Russia.
Leo Budapest Bar Hotel Clark, at the Buda foot of Chain Bridge, houses two outlet. Beefbar on the ground floor and, on the roof terrace, Leo Budapest named after the famous lions guarding the bridge.
American investor Warren Buffett sets his eyes on Indiaʼs fintech market US business magnate Warren Buffett has made a surprise entry into Indiaʼs digital payment market, with his Berkshire Hathaway reportedly injecting some $360 million into Paytm, Indiaʼs largest digital payments platform. Warren Buffettʼs investment would not only give Berkshire Hathaway a three to four percent stake in One97 Communications Ltd, the parent company of Paytm, but also allow one of Buffettʼs close aides, Todd Combs, to join the board.Buffett, nicknamed the "Oracle of Omaha," is considered to be one of the most successful investors and the third-richest person in the world. Berkshireʼs investment means the Indian mobile payment company is now val-
ued between $10 billion (€8.65 billion) and $12 billion. It has also allowed Paytm to join a coveted league of companies such as Apple, Coca-Cola, American Express, Walmart and Procter & Gamble — all backed by Berkshire. "I have been impressed by Paytm and am excited about being a part of its growth story, as it looks to transform payments and financial services in India," said Combs, Berkshireʼs investment manager.
Summertime: What a joke! It was only a a bit of fun that late riser Benjamin Franklin proposed daylight savings in 1784 and for more than two centuries it has been a topic of controversy. It all started with a joke: because the French got up so badly in the morning, Benjamin Franklin wrote a satirical discourse in 1784 about how many candles and money could be saved by changing the time and getting up earlier. In order to achieve this, Paris should tax shutters, ration candles and wake the population in the morning with cannon thunder. When the 78year-old wrote this satire, one of the
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USʼ founding fathers had already been living in Paris for eight years. As an American delegate he had been able to win the French over as allies in the fight against the British. Both sides acknowledged the inventorʼs alert spirit and negotiating skills, althogh Franklin by then was struggling with old age; gout and gallstones tied him to his house in the Parisian suburb of Passy. He was joined there often by good friends such as Antoine AlexisFrancois Cadet de Vaux, editor of the Journal de Paris, who encouraged Franklin, known for his humour, to write short texts on everyday problems.
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Trafi app shows the fastest way from A to B Mobility app Trafi could signal the end of city tailbacks and choking smog. It combines public transport, bike and car sharing into a network. Trafi’s most important customers include Google Maps and Volkswagen Mobility app Trafi could signal the end of city tailbacks and choking smog. It combines public transport, bike and car sharing into a network. Trafi’s most important customers include Google Maps and Volkswagen Mobility app Trafi could signal the end of city tailbacks and choking smog. It combines public transport, bike and car sharing into a network. Trafi’s most important customers include Google Maps and Volkswagen
Munitions depot blast kills several in South Africa At least eight people were killed during an explosion at a munitions plant near Cape Town in South Africa on Monday, authorities said. Investigators are still trying to determine the cause of the blast at the Rheinmetall Denel Munition (RDM) depot at around 1300GMT. RDM said in a statement that an explosion occurred at one of its buildings, but it could not confirm whether there were any injuries or fatalities. However, Cape Town fire official Theo Layne said eight people died, as reported by the African News Agency. "I can confirm that eight people are dead," said Layne, adding that the cause of the blast was not known. The agency, which is based in South Africa, said a number of people were missing and firefighters were at the scene working to extinguish the blaze. Rheinmetall Denel Munition is a munitions manufacturer jointly owned by Germanyʼs Rheinmetall Waffe Munition, a subsidiary of the larger Rheinmetall weapons manufacturer, and South Africaʼs stateowned arms maker Denel. RDM, which has its headquarters in Munich, manufactures and supplies selected munitions and explosiverelated products for armed and police forces in South Africa, as well as countries in Asia, the Middle East, South America