German inflation surpassed the target set by the European Central Bank for the euro zone in June, the second month in a row it has done so, lending support to the ECB’s decision to close its bond purchase scheme at the end of the year. Data published by the Federal Statistics Office on Thursday showed that EU-harmonised German consumer prices rose 2.1 percent year-on-year. The same measure had increased by 2.2 percent in May. The yearly figure matched a Reuters forecast. Source Euronews
The U.S. will send hundreds of additional troops and a dozen fighter jets to the Middle East in the coming weeks to counter what the Pentagon said is an escalating campaign by Iran to plan attacks against the U.S. and its interests in the region. And for the first time, Pentagon officials on Friday publicly blamed Iran and its proxies for recent tanker bombings near United Arab Emirates and a rocket attack in Iraq. Source: Associated Press
A Maltese armed forces patrol boat picked up 216 economic migrants in the Mediterranean and was bringing them to Malta on Saturday, a spokesman said. One pregnant woman and a couple of children were believed to be among the 200 men. Source: Euronews
Amazon Japan has suspended direct online sales of Huawei Technologies Co. products after Washington last week blacklisted the Chinese communications giant, sources close to the matter said Friday. Source Japan Times
