Categories
Weekly Summaries

3rd of August – 9th of August

Spain’s former King leaves the country

The former Spanish king, Juan Carlos, announced that he was leaving the country on Monday the third of August. The cause of his departure were multiple financial inquiries, including a tax evasion investigation.

Categories
Weekly Summaries

3rd of August – 9th of August

Explosion shatters Lebanon’s capital city

On the 4th of August there was an enormous explosion in the capital city of Lebanon: Beirut. The death toll is around 137 people, 5,000 are injured, and more than 250,000 Lebanese are displaced. Additionally, the port in Beirut, which is crucial for Lebanon’s economy, has also been destroyed and along with it the country’s grain storage. The explosion happened because around 2,750 tons of ammonium nitrate had been stored at the port in Beirut for six years. 

Categories
Weekly Summaries

27th of July – 2nd of August

US to withdraw troops from Germany

The United States announced that it will pull out 12,000 troops from Germany. Some of these troops will be relocated to Belgium and Italy, while 6,400 troops will return to the US. As a member of NATO, Germany committed to spend two percent of its GDP on defense. However, Germany has not kept its word. This decision is of significance as American military has been stationed in Germany since the end of World War  II.

Categories
Weekly Summaries

27th of July – 2nd of August

Chief Executives appear before Congress

Last year, Cicilline, the chairman of the antitrust panel, opened a congressional investigation of Google, Apple, Facebook, and Amazon. This Wednesday the executives of these tech giants were questioned for almost 6 hours about the strategies their respective company used to get to their supreme position of dominance over the technology market. All chief executives denied the claims of harming the economy, oppressing competitors, and purposefully limiting the choices consumers have.