IBOV 174,390 ▲ 0.93% IPSA 10,793 ▼ 0.18% IPC MEX 66,917 ▼ 0.23% MERVAL 3,181,869 ▲ 0.78% COLCAP 2,281.62 ▲ 0.95% BVL PERÚ 55,809.71 ▲ 0.20% USD/BRL5.17▼ 0.64% USD/MXN17.47▲ 0.03% USD/CLP920.67▼ 0.61% USD/COP3,321▼ 1.94% USD/PEN3.39▼ 0.22% USD/ARS1,486▼ 0.20% USD/UYU40.21▲ 1.33% USD/PYG6,052▲ 1.45% USD/BOB6.86▲ 1.45% USD/DOP58.77▼ 0.73% USD/CRC450.98▲ 1.80% USD/GTQ7.62▲ 2.23% USD/HNL26.71▲ 4.29% USD/NIO36.62▲ 0.31% USD/VES651.34▲ 11.02% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.29▲ 1.00% USD/TTD6.66▼ 0.04% EUR/BRL5.91▼ 0.37% BRENT 72.13 ▲ 0.46% WTI 68.78 ▲ 0.13% IRON ORE 161.91 — — COPPER 6.22 ▲ 1.79% GOLD 4,187 ▲ 1.81% SILVER 62.82 ▲ 3.58% SOY 1,147 ▲ 1.82% CORN 440.75 ▲ 4.69% WHEAT 600.25 ▲ 1.39% COFFEE 287.45 ▼ 11.36% SUGAR 14.81 ▼ 1.20% ORANGE JUICE 170.70 ▼ 2.40% COTTON 77.52 ▲ 5.79% COCOA 5,123 ▲ 2.34% BEEF 239.03 ▼ 1.16% CATTLE 360.80 ▼ 0.92% LITHIUM 76.53 ▼ 1.85% PETR4 38.17 ▲ 0.55% VALE3 78.53 ▲ 0.37% ITUB4 42.73 ▲ 0.61% BBDC4 18.35 ▲ 3.01% ABEV3 16.31 ▲ 0.06% BBAS3 20.06 ▲ 0.30% B3SA3 14.93 ▲ 2.19% WEGE3 46.84 ▲ 1.25% PRIO3 52.63 ▲ 0.11% SUZB3 40.96 ▲ 0.44% RENT3 41.59 ▲ 0.82% AZZA3 17.33 ▼ 0.06% CSAN3 3.77 ▲ 1.34% RAIZ4 0.39 ▲ 2.63% PCAR3 2.54 ▲ 6.28% GMAT3 3.75 ▲ 3.88% PSSA3 54.38 ▲ 1.72% CVCB3 1.29 ▼ 1.53% POSI3 3.89 ▼ 1.02% SLCE3 12.94 ▲ 2.54% NATU3 8.34 ▲ 1.46% BRKM5 6.29 — 0.00% RANI3 7.95 ▼ 0.63% CSNA3 4.78 ▲ 3.46% CMIN3 4.25 — 0.00% USIM5 8.76 ▲ 2.34% GGBR4 21.45 ▲ 1.42% ENEV3 26.66 ▲ 1.68% NEOE3 33.80 — 0.00% CPFE3 45.71 ▲ 1.35% CMIG4 11.03 ▲ 0.55% EQTL3 39.62 ▲ 0.81% LREN3 14.92 ▲ 0.81% VIVT3 35.15 ▲ 1.56% RAIL3 13.59 ▲ 1.04% KLABIN 17.15 ▲ 0.94% RAIA DROGASIL 17.18 ▲ 1.78% RDOR3 35.98 ▲ 1.27% HAPV3 10.62 ▲ 2.02% FLRY3 15.82 ▲ 0.25% SMTO3 15.61 — 0.00% UGPA3 27.80 ▲ 4.51% VBBR3 30.38 ▲ 1.84% BBSE3 38.84 ▲ 0.44% BPAC11 56.03 ▲ 2.73% CURY3 35.23 ▲ 1.47% AERI3 2.01 — 0.00% VIVARA 22.93 ▲ 0.79% COMPASS 24.82 ▲ 0.69% VAMOS 2.87 ▲ 2.50% SANB11 27.03 ▲ 0.97% ASAI3 8.98 ▲ 3.34% SBSP3 30.50 ▲ 1.97% WALMEX 49.93 ▲ 0.34% GMEXICO 200.58 ▲ 1.54% FEMSA 222.92 ▼ 1.26% CEMEX 21.23 ▼ 0.66% GFNORTE 186.88 ▼ 0.44% BIMBO 56.47 ▲ 0.14% TELEVISA 9.43 ▲ 0.96% AMX 22.44 ▲ 0.09% GAP 435.84 ▼ 1.29% ASUR 310.81 ▲ 0.59% OMA 242.28 ▼ 0.66% KOF 186.67 ▼ 0.45% GRUMA 282.23 ▲ 0.06% KIMBER 38.43 ▼ 0.29% SQM-B 66,822 ▼ 0.98% COPEC 5,875 ▲ 0.68% BSANTANDER 75.20 ▲ 0.44% FALABELLA 5,781 ▼ 0.30% ENELAM 82.08 ▼ 0.99% CENCOSUD 2,091 ▲ 0.86% CMPC 1,045 ▲ 1.06% BANCO CHILE 182.90 ▲ 0.56% LATAM AIR 25.83 ▼ 0.65% YPF 71,475 ▲ 2.00% GGAL 7,950 ▲ 0.51% PAMPA 5,130 ▲ 0.79% TXAR 662.00 ▼ 0.23% ALUAR 987.50 ▼ 0.35% TGS 9,085 ▲ 1.28% CEPU 2,301 ▼ 0.26% MIRGOR 16,975 ▲ 0.89% COME 41.91 ▲ 0.36% LOMA NEGRA 3,673 ▼ 0.34% BYMA 305.25 ▲ 0.99% TELECOM ARG 4,038 ▲ 1.70% ECOPETROL 14.70 ▲ 1.73% BANCOLOMBIA 79.15 ▲ 1.24% GRUPO AVAL 5.06 ▼ 0.39% CREDICORP 391.21 ▲ 1.09% SOUTHERN COPPER 172.01 ▲ 1.90% BUENAVENTURA 29.72 ▲ 1.78% MERCADOLIBRE 1,763 ▲ 1.22% NUBANK 13.61 ▲ 1.64% XP 16.16 ▼ 0.12% PAGSEGURO 9.12 ▲ 0.77% STONE 11.17 ▲ 1.64% GLOBANT 32.51 ▲ 3.57% TECNOGLASS 45.62 ▼ 2.87% GAP AIRPORT 253.71 ▲ 0.51% ASUR 310.81 ▲ 0.59% OMA AIRPORT 111.73 ▼ 0.42% AMX ADR 25.72 ▲ 0.43% FEMSA ADR 129.30 ▲ 0.93% CEMEX ADR 12.29 ▲ 1.32% PETROBRAS ADR 16.11 ▲ 0.75% VALE ADR 14.99 ▲ 0.60% ITAU ADR 8.12 ▼ 0.12% SANTANDER BR 5.19 — 0.00% AMBEV ADR 3.10 ▼ 0.32% CSN 0.90 ▲ 0.55% GERDAU 4.07 ▲ 1.24% LATAM ADR 56.43 ▼ 0.84% BTC 62,143 ▲ 1.07% ETH 1,734 ▲ 2.10% SOL 81.57 ▲ 1.15% XRP 1.12 ▲ 3.01% BNB 567.30 ▲ 1.66% ADA 0.18 ▲ 9.06% DOGE 0.08 ▲ 3.31% AVAX 6.85 ▲ 0.84% LINK 7.86 ▲ 1.57% DOT 0.88 ▲ 4.84% LTC 43.95 ▲ 1.06% BCH 228.52 ▲ 3.78% TRX 0.32 ▲ 0.98% XLM 0.20 ▲ 1.49% HBAR 0.07 ▲ 1.02% NEAR 2.02 ▲ 4.05% ATOM 1.60 ▲ 2.70% AAVE 88.68 ▲ 2.92% SELIC 14.25% EMBRAER 84.94 ▲ 2.21% EMBRAER ADR 64.13 ▲ 1.96% JBS 12.26 ▲ 1.57% JBS BDR 62.98 ▼ 0.73% MBRF3 16.98 ▲ 0.24% MBRFY 3.28 ▲ 2.18% INTER 5.47 ▼ 0.36% EGX 50,533 ▲ 0.09% USD/ZAR16.21▼ 0.31% USD/NGN1,366▼ 0.31% NIKKEI 69,744 ▲ 1.47% CSI300 4,842 ▲ 0.62% HSI 23,350 ▲ 1.28% NIFTY 24,271 ▲ 0.39% KOSPI 8,088 ▲ 5.76% JCI 5,876 ▲ 2.28% USD/JPY161.33▲ 0.14% USD/CNY6.77▼ 0.30% DAX 25,779 ▲ 0.78% CAC 8,508 ▲ 0.39% FTSE 10,679 ▲ 0.25% MIB 52,819 ▲ 0.75% IBEX 19,852 ▲ 0.92% STOXX 652.77 ▲ 0.68% EUR/USD1.14▲ 0.10% GBP/USD1.34▲ 0.59% SPX 7,483 — 0.00% DJI 52,900 ▲ 1.14% NDX 29,329 ▼ 1.61% RUT 2,996 ▼ 0.55% TSX 35,268 ▲ 0.86% VIX 15.81 ▼ 2.11% USD/CAD1.42▲ 0.14% US10Y 4.4850 — 0.00% IBOV 174,390 ▲ 0.93% IPSA 10,793 ▼ 0.18% IPC MEX 66,917 ▼ 0.23% MERVAL 3,181,869 ▲ 0.78% COLCAP 2,281.62 ▲ 0.95% BVL PERÚ 55,809.71 ▲ 0.20% USD/BRL 5.17 ▼ 0.64% USD/MXN 17.47 ▲ 0.03% USD/CLP 920.80 ▼ 0.59% USD/COP 3,321 ▼ 1.94% USD/PEN 3.39 ▼ 0.22% USD/ARS 1,486 ▼ 0.20% USD/UYU 40.21 ▲ 1.33% USD/PYG 6,052 ▲ 1.45% USD/BOB 6.86 ▲ 1.45% USD/DOP 58.77 ▼ 0.73% USD/CRC 450.98 ▲ 1.80% USD/GTQ 7.62 ▲ 2.23% USD/HNL 26.71 ▲ 4.29% USD/NIO 36.62 ▲ 0.31% USD/VES 651.34 ▲ 11.02% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.29 ▲ 1.00% USD/TTD 6.66 ▼ 0.04% EUR/BRL 5.91 ▼ 0.37% BRENT 72.13 ▲ 0.46% WTI 68.78 ▲ 0.13% IRON ORE 161.91 — — COPPER 6.22 ▲ 1.79% GOLD 4,187 ▲ 1.81% SILVER 62.82 ▲ 3.58% SOY 1,147 ▲ 1.82% CORN 440.75 ▲ 4.69% WHEAT 600.25 ▲ 1.39% COFFEE 287.45 ▼ 11.36% SUGAR 14.81 ▼ 1.20% ORANGE JUICE 170.70 ▼ 2.40% COTTON 77.52 ▲ 5.79% COCOA 5,123 ▲ 2.34% BEEF 239.03 ▼ 1.16% CATTLE 360.80 ▼ 0.92% LITHIUM 76.53 ▼ 1.85% PETR4 38.17 ▲ 0.55% VALE3 78.53 ▲ 0.37% ITUB4 42.73 ▲ 0.61% BBDC4 18.35 ▲ 3.01% ABEV3 16.31 ▲ 0.06% BBAS3 20.06 ▲ 0.30% B3SA3 14.93 ▲ 2.19% WEGE3 46.84 ▲ 1.25% PRIO3 52.63 ▲ 0.11% SUZB3 40.96 ▲ 0.44% RENT3 41.59 ▲ 0.82% AZZA3 17.33 ▼ 0.06% CSAN3 3.77 ▲ 1.34% RAIZ4 0.39 ▲ 2.63% PCAR3 2.54 ▲ 6.28% GMAT3 3.75 ▲ 3.88% PSSA3 54.38 ▲ 1.72% CVCB3 1.29 ▼ 1.53% POSI3 3.89 ▼ 1.02% SLCE3 12.94 ▲ 2.54% NATU3 8.34 ▲ 1.46% BRKM5 6.29 — 0.00% RANI3 7.95 ▼ 0.63% CSNA3 4.78 ▲ 3.46% CMIN3 4.25 — 0.00% USIM5 8.76 ▲ 2.34% GGBR4 21.45 ▲ 1.42% ENEV3 26.66 ▲ 1.68% NEOE3 33.80 — 0.00% CPFE3 45.71 ▲ 1.35% CMIG4 11.03 ▲ 0.55% EQTL3 39.62 ▲ 0.81% LREN3 14.92 ▲ 0.81% VIVT3 35.15 ▲ 1.56% RAIL3 13.59 ▲ 1.04% KLABIN 17.15 ▲ 0.94% RAIA DROGASIL 17.18 ▲ 1.78% RDOR3 35.98 ▲ 1.27% HAPV3 10.62 ▲ 2.02% FLRY3 15.82 ▲ 0.25% SMTO3 15.61 — 0.00% UGPA3 27.80 ▲ 4.51% VBBR3 30.38 ▲ 1.84% BBSE3 38.84 ▲ 0.44% BPAC11 56.03 ▲ 2.73% CURY3 35.23 ▲ 1.47% AERI3 2.01 — 0.00% VIVARA 22.93 ▲ 0.79% COMPASS 24.82 ▲ 0.69% VAMOS 2.87 ▲ 2.50% SANB11 27.03 ▲ 0.97% ASAI3 8.98 ▲ 3.34% SBSP3 30.50 ▲ 1.97% WALMEX 49.93 ▲ 0.34% GMEXICO 200.58 ▲ 1.54% FEMSA 222.92 ▼ 1.26% CEMEX 21.23 ▼ 0.66% GFNORTE 186.88 ▼ 0.44% BIMBO 56.47 ▲ 0.14% TELEVISA 9.43 ▲ 0.96% AMX 22.44 ▲ 0.09% GAP 435.84 ▼ 1.29% ASUR 310.81 ▲ 0.59% OMA 242.28 ▼ 0.66% KOF 186.67 ▼ 0.45% GRUMA 282.23 ▲ 0.06% KIMBER 38.43 ▼ 0.29% SQM-B 66,822 ▼ 0.98% COPEC 5,875 ▲ 0.68% BSANTANDER 75.20 ▲ 0.44% FALABELLA 5,781 ▼ 0.30% ENELAM 82.08 ▼ 0.99% CENCOSUD 2,091 ▲ 0.86% CMPC 1,045 ▲ 1.06% BANCO CHILE 182.90 ▲ 0.56% LATAM AIR 25.83 ▼ 0.65% YPF 71,475 ▲ 2.00% GGAL 7,950 ▲ 0.51% PAMPA 5,130 ▲ 0.79% TXAR 662.00 ▼ 0.23% ALUAR 987.50 ▼ 0.35% TGS 9,085 ▲ 1.28% CEPU 2,301 ▼ 0.26% MIRGOR 16,975 ▲ 0.89% COME 41.91 ▲ 0.36% LOMA NEGRA 3,673 ▼ 0.34% BYMA 305.25 ▲ 0.99% TELECOM ARG 4,038 ▲ 1.70% ECOPETROL 14.70 ▲ 1.73% BANCOLOMBIA 79.15 ▲ 1.24% GRUPO AVAL 5.06 ▼ 0.39% CREDICORP 391.21 ▲ 1.09% SOUTHERN COPPER 172.01 ▲ 1.90% BUENAVENTURA 29.72 ▲ 1.78% MERCADOLIBRE 1,763 ▲ 1.22% NUBANK 13.61 ▲ 1.64% XP 16.16 ▼ 0.12% PAGSEGURO 9.12 ▲ 0.77% STONE 11.17 ▲ 1.64% GLOBANT 32.51 ▲ 3.57% TECNOGLASS 45.62 ▼ 2.87% GAP AIRPORT 253.71 ▲ 0.51% ASUR 310.81 ▲ 0.59% OMA AIRPORT 111.73 ▼ 0.42% AMX ADR 25.72 ▲ 0.43% FEMSA ADR 129.30 ▲ 0.93% CEMEX ADR 12.29 ▲ 1.32% PETROBRAS ADR 16.11 ▲ 0.75% VALE ADR 14.99 ▲ 0.60% ITAU ADR 8.12 ▼ 0.12% SANTANDER BR 5.19 — 0.00% AMBEV ADR 3.10 ▼ 0.32% CSN 0.90 ▲ 0.55% GERDAU 4.07 ▲ 1.24% LATAM ADR 56.43 ▼ 0.84% BTC 62,143 ▲ 1.07% ETH 1,734 ▲ 2.10% SOL 81.57 ▲ 1.15% XRP 1.12 ▲ 3.01% BNB 567.30 ▲ 1.66% ADA 0.18 ▲ 9.06% DOGE 0.08 ▲ 3.31% AVAX 6.85 ▲ 0.84% LINK 7.86 ▲ 1.57% DOT 0.88 ▲ 4.84% LTC 43.95 ▲ 1.06% BCH 228.52 ▲ 3.78% TRX 0.32 ▲ 0.98% XLM 0.20 ▲ 1.49% HBAR 0.07 ▲ 1.02% NEAR 2.02 ▲ 4.05% ATOM 1.60 ▲ 2.70% AAVE 88.68 ▲ 2.92% SELIC 14.25% EMBRAER 84.94 ▲ 2.21% EMBRAER ADR 64.13 ▲ 1.96% JBS 12.26 ▲ 1.57% JBS BDR 62.98 ▼ 0.73% MBRF3 16.98 ▲ 0.24% MBRFY 3.28 ▲ 2.18% INTER 5.47 ▼ 0.36% EGX 50,533 ▲ 0.09% USD/ZAR 16.22 ▼ 0.19% USD/NGN 1,366 ▼ 0.15% NIKKEI 69,744 ▲ 1.47% CSI300 4,842 ▲ 0.62% HSI 23,350 ▲ 1.28% NIFTY 24,271 ▲ 0.39% KOSPI 8,088 ▲ 5.76% JCI 5,876 ▲ 2.28% USD/JPY 161.29 ▲ 0.12% USD/CNY 6.7685 ▼ 0.12% DAX 25,779 ▲ 0.78% CAC 8,508 ▲ 0.39% FTSE 10,679 ▲ 0.25% MIB 52,819 ▲ 0.75% IBEX 19,852 ▲ 0.92% STOXX 652.77 ▲ 0.68% EUR/USD 1.1442 ▲ 0.05% GBP/USD 1.3356 ▲ 0.06% SPX 7,483 — 0.00% DJI 52,900 ▲ 1.14% NDX 29,329 ▼ 1.61% RUT 2,996 ▼ 0.55% TSX 35,268 ▲ 0.86% VIX 15.81 ▼ 2.11% USD/CAD 1.4202 ▲ 0.13% US10Y 4.4850 — 0.00%
since 2009
Friday, July 3, 2026

Europe Europe Intelligence Brief

Europe Intelligence Brief — Friday, July 3, 2026

· July 3, 2026 · 7 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

Executive Summary

Europe Intelligence Brief — Germany's coach quits after a World Cup shock, Iberia braces for more heat, France's far right faces a fresh funds probe, and c

Germany
DAX
25,779
+0.78%
France
CAC 40
8,508
+0.39%
UK
FTSE 100
10,679
+0.25%
Italy
FTSE MIB
52,819
+0.75%
Spain
IBEX 35
19,852
+0.92%
Euro
STOXX 600
652.77
+0.68%
EUR/USD
Spot
1.1442
+0.05%
GBP/USD
Spot
1.3356
+0.06%

Rio Times · europe Intelligence

Key Facts

Germany coach Julian Nagelsmann has resigned after the World Cup last-16 exit, with Jürgen Klopp now in the frame.

Spain heat More than 1,000 heat-related deaths were recorded in June as a second heatwave builds.

Google fine The EU’s top court made a 4.125-billion-euro Android penalty final, the biggest ever upheld.

France probe European prosecutors searched firms linked to the far-right party days before a key court ruling.

Rome concert Ultimo plays to 250,000 people on Saturday in Italy’s largest-ever paid concert.

German polls The far-right party leads on 27 percent, ahead of the governing bloc on 22 percent.

Europe is caught between football joy and summer dread this Friday, as dramatic wins share the headlines with a returning heatwave and rising heat deaths. Behind the noise, courts and prosecutors are squaring up to Big Tech and the far right while governments push reforms few seem to trust.

Europe Intelligence Brief — Between the Roar of the Crowd and the Heat of the Sky
(Photo internet reproduction)
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

Germany – Coach Quits After World Cup Shock

A sudden departure

The German football federation announced that national coach Julian Nagelsmann has resigned with immediate effect after the team’s early World Cup exit, a loss to Paraguay decided on penalties, 4-3.

The 38-year-old had a contract running to the 2028 European Championship, and his exit is reported to carry a payout of about 7 million euros.

Klopp in the frame

The federation is now seeking talks with Jürgen Klopp, the famous former Liverpool manager, who has signalled he is open to the job.

Klopp currently works for the Red Bull group under a deal running to 2029, so any move would need careful handling.

Germany – Reform Package Meets Doubt

Merz digs in

Chancellor Friedrich Merz insisted his coalition will push through a 34-point reform package, telling public television it fully intends to follow through.

The plan trims paperwork, loosens some labour rules and scraps sick-notes given by phone, and includes income-tax relief worth about 10 billion euros a year.

Economists unconvinced

Leading economists warned the package lacks fairness and will do little to spur growth, a sobering verdict for a struggling economy.

The government’s standing is fragile, with the far-right party at 27 percent in polls, ahead of the governing bloc on 22 percent.

Europe savours dramatic wins even as a returning heatwave, wildfires and heat deaths breed exhaustion from Iberia to France.

France – Far Right Faces Fresh Funds Probe

Searches across borders

European prosecutors carried out searches targeting communications firms linked to the far-right party over the suspected misuse of European Union money paid between 2019 and 2024.

The searches spanned France, Spain, Italy and Belgium, and party chief Jordan Bardella confirmed a coming judicial probe into himself, calling the timing political.

A looming ruling

The pressure comes just days before a Paris appeal court is due to rule, on July 7, on whether to confirm Marine Le Pen’s ban from standing for office.

The decision could reshape the run-up to France’s 2027 presidential election.

France – Heat, Fires and a Censure Motion

Bracing for more heat

Temperatures are set to climb again from the weekend after a deadly June, and fires are multiplying in the south of the country.

The prime minister promised to distribute nearly 30,000 air-conditioners to hospitals by the end of next week.

Political heat too

The Greens and the hard-left party have filed a censure motion in the National Assembly, a formal move to try to bring down the government.

The mood is weary and combative as the country juggles a health emergency with a political fight.

Spain – Second Heatwave, Grim June Toll

Warnings return

A mass of hot air is affecting the south and west, with orange warnings for temperatures of 40 to 42 degrees Celsius, and forecasters expect a new heatwave from the weekend.

June 2026 was the second-hottest June on record in Spain.

A heavy human cost

The campaign group Greenpeace said more than 1,000 people died from the heat in June, over 200 of them during the main heatwave.

It also noted that only 19 of 52 provincial capitals have cool public shelters, leaving many with nowhere to escape the heat.

Europe – Top Court Upholds Google Fine

A record penalty stands

The European Union’s highest court dismissed Google’s appeal, making a 4.125-billion-euro fine over its Android phone software final.

It is the largest such penalty ever upheld by the bloc’s courts, after judges found a single, continuous set of anti-competitive practices.

Winners on the ground

The Alphabet parent company faces joint liability of more than 1,520 million euros as part of the ruling.

Spanish developers and phone makers see stronger bargaining power, in a country where Android runs on around 70 percent of smartphones.

Italy – Rome Grips Record Concert and Diplomacy

A record night ahead

The singer-songwriter Ultimo plays a suburban Rome venue on Saturday in what will be Italy’s largest-ever paid concert, with 250,000 tickets sold.

Fans have camped for days under scorching heat, and the city will keep its three underground lines open all night with free shuttle buses.

A diplomatic thermometer

A US Independence Day reception in Rome became a test of ties with Washington after President Trump’s public jabs at Prime Minister Giorgia Meloni.

Meloni stayed away while half her government attended, and the American ambassador insisted relations were among the best he has seen.

Low Countries – Guarding Tech, Fighting Nitrogen

A stake in drones

The Dutch defence ministry plans to work closely with an Amsterdam drone company and to seek a so-called golden share, a special stake giving the state a veto over key decisions.

The stated aim is to stop unique knowledge from leaving the country amid a wider debate on standing on one’s own feet in technology.

Belgium’s late escape

Belgium reached the World Cup last 16 with a dramatic 3-2 win over Senegal after extra time, coming back from two goals down.

Youri Tielemans converted a penalty in the very last minute of extra time to seal it before a Seattle crowd of 67,000.

The Bigger Picture

Europe today feels stretched between the thrill of football and the fear of the heat. Fans across the continent are celebrating late, dramatic wins even as families in Spain, Portugal and France count the cost of a summer that keeps turning deadly.

There is defiance in the mix too. Courts are confronting the world’s biggest technology firm and prosecutors are chasing suspected misuse of public money by the far right, while governments in Berlin and The Hague promise reforms that few voters seem to believe in.

Underneath it all runs a steady current of political fatigue. Germany’s wounded footballing pride, France’s censure fight and Italy’s careful thaw with Washington all point to a region searching for confidence in an uneasy, sweltering start to July.

What We Are Watching

  • Today – Final World Cup last-16 places decided, with no European teams playing.
  • Today – Portugal’s nationwide heat alert runs while Spain’s temperatures climb.
  • Saturday – Ultimo’s record concert in Rome and the Tour de France start in Barcelona.
  • Sunday – German cabinet prepares to approve the 2027 budget draft on Monday.
  • Monday – Spain face Portugal in an Iberian last-16 tie.
  • Monday – German cabinet to approve the 2027 budget draft.
  • Tuesday – Paris appeal court rules on Marine Le Pen’s ban from office.
  • This week – Spain’s heat expected to peak around Monday as fire risk stays high.

Frequently Asked Questions

Why did Germany's football coach Julian Nagelsmann resign?

Nagelsmann resigned immediately after Germany was knocked out of the World Cup in the last 16, losing to Paraguay on penalties 4-3. He had been contracted until the 2028 European Championship and is reported to receive a payout of about 7 million euros.

How many people died from the heat in Spain in June, and is there anywhere to cool down?

More than 1,000 people died from heat-related causes in Spain in June, with over 200 of those deaths occurring during the main heatwave. Only 19 of 52 provincial capitals have public cool shelters, leaving most people with nowhere to escape the heat.

What is the Google Android fine and is it now settled?

The EU's highest court dismissed Google's appeal and made a 4.125-billion-euro fine final, making it the largest penalty of its kind ever upheld by EU courts. The fine was over anti-competitive practices related to Google's Android phone software.

Read More from The Rio Times

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.