Europe

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Refugees create temporary housing bonanza

©AFP This year’s influx of refugees into Europe is proving problematic for EU leaders, but it is bringing a bonanza to one corner of the continent’s stagnant economy: suppliers of temporary housing. In Germany and…


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Hauliers fear Channel tunnel closures

©AFP Haulage companies have hit out at plans being considered by the government to close the Channel tunnel at night if the Calais crisis escalates further. The Freight Transport Association, which represents almost half the…


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Do French burglars really use gas?

A spokesman for Jenson Button said burglars used gas to render the racing driver and his wife Jessica unconscious It could be straight from an episode of The Pink Panther: anaesthetic gas quietly pumped through…


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Santander billionaire in Picasso dispute

©AFP/French Customs Office A luxury yacht carrying a rarely seen Picasso painting owned by Jaime Botín, a billionaire patriarch of the Spanish banking dynasty that founded Santander, has sailed into the centre of a controversy…


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US economy adds 215,000 jobs in July

The US labour market proved resilient in July as employers continued a brisk pace of jobs growth — keeping the unemployment rate at its lowest level since the financial crisis. American payrolls expanded by 215,000…


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Japan’s pacifist stance under threat

©Getty At 8.15am on August 6 1945, the centre of Hiroshima vanished in a single white flash — obliterated by the first atomic bomb put to military use. Three days later at 11.01am, a second…


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Russians shocked as banned Western food destroyed

Belgorod, western Russia: A bulldozer destroys banned foreign cheese The sight of vast amounts of banned foreign food being bulldozed, buried or burned is causing controversy in Russia. Tens of thousands of people have joined…


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Fires in Spain as Europe heat soars

Fires burned overnight in several areas of Spain Wildfires have forced more than 1,400 people to leave their homes in western Spain as dry, hot conditions spark warnings in other European countries. Towns and campsites…


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Iran to set up alcohol rehab centres

©Alamy Elderly opium addicts in south Tehran. Some Iranians ignore harsh punishments to consume drugs and alcohol Undeterred by the threat of lashes or even execution, Shayan, a 32-year-old real estate broker, and a Muslim,…


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Netflix and streaming hit US cable groups

©Bloomberg It is a golden age to watch US television — and a nightmare week to invest in it. On Wednesday alone $37bn was wiped from the market value of Sumner Redstone’s Viacom, Rupert Murdoch’s…