European inflation and interest rates will be low for a longer period of time, said Jeroen Dijsselbloem, who heads the Eurogroup of euro-area finance ministers.
Saudi Crown Prince Mohammed bin Salman has ordered that no more government contracts be awarded to German companies, in a sign of continued irritation over Berlin’s foreign policy in the Middle East. Source Reuters
Serious clashes between residents at the migrant reception and processing center of Moria on the eastern Aegean island of Lesvos on Friday afternoon left six people injured. Source Ekhatimerini
The Saudi-led Arab military coalition destroyed on Wednesday two boats of the Iran-aligned Houthi rebels threatening a commercial oil tanker in the Red Sea, the United Arab Emirates’ (UAE) state news agency WAM reports. Source: Oil Price
