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Price Hike

Diesel and heating oil prices surge in Luxembourg from Thursday. Diesel up 15.9 cents to 2.024 per litre, highest since March. Heating oil up nearly 16 cents to 1.510 per litre.

Pre-COP

Australia defends Pacific climate meeting despite doubts on attendance. Pre-COP talks in Fiji and Tuvalu in October. Only handful of leaders confirmed. COP31 in Turkey November. Australia chairs negotiations.

Overshoot

UN says 1.5C target will be missed. First-of-its-kind UNEP report shifts from avoiding overshoot to navigating it. Pacific nations dismayed. Greenpeace: not reason to give up. Climate Analytics: risks becoming call to apathy.

No Protests

Taliban government defends ban on all protests citing Islamic law. Spokesman says protests don't exist in Islamic law. Rights groups condemn as ruthless suppression of dissent. Two killed at women's rights protest in Herat in June.

No Breakup

US judge rejects bid to break up Google's ad business. Judge Brinkema opts for rules instead of forced sale of AdX. Opinion sealed for 14 days. Google once compared its arrangement to Goldman Sachs owning the NYSE.

Major Blunders

Luxdefence warns of major blunders affecting investment. Defence companies can't open bank accounts. Luxembourg missed out on over 100 million euros in investments. Gap between government messaging and reality.

Maize Down

Luxembourg Agriculture Committee chair warns of growing pressure on farms after hottest summer. Maize yields down 20-25%. Some farmers reducing livestock herds. Feed shortage, liquidity problems. Crop insurance may pay 9M euros.

Longest-Lasting

Meloni government becomes Italy's longest-lasting postwar administration at 1,413 days. Tops Berlusconi record. But challenges ahead: economy growing 0.6%, referendum defeat, unsolved structural issues.