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BERLIN, Oct. 4 (Xinhua) -- Germany pledged a fresh military aid package for Ukraine worth around 1 billion euros (about 1.13 billion U.S. dollars), Chancellor Friedrich Merz announced during his visit to Kiev on Sunday. According to the German government, the new military aid package focuses primarily on air defense capabilities, including the joint production of interceptors against jet-powered drones. Merz noted that recent technical breakthroughs in this area would help swiftly strengthen Ukrainian air defenses. Germany will also provide long-range weapons, satellite technology and combat drones for Ukraine. In addition, Germany will offer around 350 million euros (394 million dollars) to repair Ukraine's energy infrastructure ahead of the coming winter. This is Merz's second ...

THE HAGUE, Oct. 3 (Xinhua) -- The Netherlands' inflation rate rose to 3.4 percent year-on-year in September, up from 3.3 percent in August, according to a flash estimate released by Statistics Netherlands (CBS) on Friday. "The increase was largely driven by higher energy prices, particularly the recent rise in fuel prices," said Aggie van Huisseling, a senior economist at the Group Economics department of Dutch bank ABN AMRO, on Friday. According to CBS, energy prices, including motor fuels, rose 13.9 percent year-on-year in September, accelerating from an 11.6-percent increase in August. Meanwhile, inflation for non-energy industrial goods stood at 1.5 percent, up slightly from 1.4 percent in August. Dutch fuel prices have continued to rise recently amid conflicts in the Middle East...

Tag: energy

Germany pledges new military, energy aid package for Ukraine-Xinhua

Dutch inflation rises to 3.4 pct in September amid higher energy prices-Xinhua