It is patient policy of small steps, well-planned action [of Turkey, Qatar and Saudi Arabia], intended to cause the disintegration of European societies, the development of radical organizations and the influx into Europe as the largest number of refugees, including jihadists – says Waiel Awwad, a Syrian journalist and war correspondent. Source: Forsal.pl
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France is to nationalise its biggest shipyard at St-Nazaire rather than allow it to pass into Italian ownership, its economy minister has announced. The nationalisation, which was confirmed on Thursday afternoon, will mark President Emmanuel Macron’s first major industrial policy intervention, and appears a far cry from the former banker’s usual philosophy. Source The Guardian
Spain’s economy grew by 0.9% in the second quarter thanks to improved exports and household spending.The growth figure, a first estimate from the National Statistics Institute (INE), suggests the country’s economy has finally grown back to the size it was before the credit crunch of 2008. Source: BBC News
Russia ordered the U.S. to slash hundreds of embassy and other personnel in the country in a dramatic and sweeping retaliation to the passage of a new sanctions bill in the U.S. Congress. Source: Bloomberg