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Merkel refugee policy in focus after Hamburg attack

Bloomberg An attack in the northern city of Hamburg thrust Chancellor Angela Merkel’s refugee policy into the spotlight less than two months before Germany goes to the polls. Police were aware that the man suspected of a stabbing spree on Friday had shown of signs radicalization, Hamburg’s interior minister, Andy Grote, said in a press conference on Saturday. The attack ...

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EU on ‘road to nowhere’ trying to stop court changes: Poland

Bloomberg Poland rejected the European Union’s move on Saturday for a possible lawsuit to halt the just-passed overhaul of the country’s lower courts, saying the bloc lacked such authority and would ultimately have to turn back. The escalation in an almost two-year row over court independence and the government’s respect for the rule of law opens the way for the ...

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Oil companies slash drilling budgets as caution takes hold

Bloomberg Caution lights are flashing for the oil industry. Facing lower-than-expected commodity prices, drillers from ConocoPhillips to Hess Corp. to Statoil ASA have slashed their capital spending plans in recent days, as companies lay out their plans to cope with oil prices stuck below $50 a barrel. The budget cuts won’t necessarily mean less oil or natural gas on the ...

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