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- 1Europe turns to tax breaks and subsidies to ease record fuel prices▼Europe turns to tax breaks, subsidies to tackle record-high fuel prices | Daily Sabah
European governments are rolling out tax breaks and subsidies in an effort to cushion consumers from record-high fuel prices. Measures under discussion or already introduced include cuts to fuel taxes and direct support for households and businesses. The moves reflect growing political pressure as energy costs strain household budgets across the continent, with governments competing to shield their economies from the price surge.
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Bangkok has declared all 50 of its districts disaster zones following severe flooding triggered by heavy monsoon rains. The move allows city authorities to unlock emergency funds and resources for relief operations across the Thai capital. Residents have reported waterlogged streets and disrupted transport, and officials are urging people in low-lying areas to take precautions as more rain is forecast.