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07.05.26 - 14:24
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German tourist awarded €1,000 after losing out on sunloungers at Greek hotel (The Guardian)
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Court in Hanover says man entitled to payout after he and his family had to lie on concreteA German holidaymaker has won a payout of almost €1,000 after being unable to find a sunlounger for himself and his family because other guests had got there first.The man, whose identity is not known, holidayed on the island of Kos, in Greece, with his family in 2024. He said that, despite waking up at the crack of dawn every morning to carry out a 20-minute search, he had not been able to lay claim to a lounger. Continue reading......
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07.05.26 - 14:21
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First Chinese Tanker Attacked Near Hormuz As Beijing Urges Waterway Reopened (ZeroHedge)
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First Chinese Tanker Attacked Near Hormuz As Beijing Urges Waterway Reopened
There have certainly been escalating tensions in the Strait of Hormuz this week amid a wave of Iranian attacks on commercial ships after a U.S. military effort to escort merchant vessels through the maritime chokepoint.
By midweek, tensions had simmered, and Iran is still reviewing a 14-point U.S. proposal to end the war, with Tehran expected to send its response to Pakistani mediators later today.
President Trump said talks with Iran have been "very good" and suggested a deal remains possible. Iran's Foreign Ministry confirmed the U.S. proposal is still under review.
But when chaos erupted on the world's most critical waterway at the beginning of the week, a new report said that a large refined-products tanker owned by a Chinese shipowner was attacked off the UAE's Al Jeer port on Monday, according to Reuters.
Beijing-based business media outlet Caixin reported that the vessel's deck erupted in flames after the a...
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07.05.26 - 14:21
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Trump Paused Project Freedom After Gulf Allies Reportedly Suspended Base, Airspace Access (ZeroHedge)
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Trump Paused Project Freedom After Gulf Allies Reportedly Suspended Base, Airspace Access
It's no secret that America's Gulf allies bore the brunt of Iran's military retaliation in the wake of Operation Epic Fury. Now there are reports of Washington being brushed back when it comes to ongoing base access in the region.
President Trump abruptly halted plans to support commercial shipping through the Strait of Hormuz after Saudi Arabia suspended US military access to its bases and airspace for the operation, two US officials told NBC. Kuwait is reported to have imposed similar restrictions in wake of being on the receiving end of Iranian missiles.
Prince Sultan Air Base in Saudi Arabia, file image
According to the officials, Trump caught Gulf allies off guard when he announced Project Freedom on Truth Social, triggering anger in Riyadh. Saudi Arabia is said to have responded by informing Washington that US forces would not be permitted to operate aircraft from Prince Sultan Air Base southeast...
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07.05.26 - 14:15
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Austritt der Vereinigten Arabischen Emirate: Steht die OPEC vor der Auflösung? (HCOB)
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Die OPEC Plus hat bei ihrer letzten Entscheidung so getan, als ob der Austritt der VAE der Organisation nichts anhaben könne. Tatsächlich leitet der Schritt des drittgrößten OPEC-Landes möglicherweise den Übergang hin zu einer „Förder' was das Zeug hält“-Politik ein, die letztlich zu einem Überangebot an Öl führen dürfte.
Der Beitrag Austritt der Vereinigten Arabischen Emirate: Steht die OPEC vor der Auflösung? erschien zuerst auf HCOB....
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07.05.26 - 14:12
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Indian Rupee Rises Amid US-Iran Optimism (AFX)
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NEW DELHI (dpa-AFX) - The Indian rupee strengthened against the U.S. dollar in the European trading session on Thursday, amid renewed selling pressure on the price of oil in response to news repor......
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