Read the stories that will mark today´s news agenda:
– The Financial Times reports that Donald Trump has toughened his warnings against North Korea. The U.S. President told a group of journalists that perhaps he wasn´t “tough enough,” in reference to statements at the start of this week, when he said the U.S. could unleash “fire and fury like the world has never seen” against Pyongyang.
– Peking reminded Tokyo that it is not the owner of the Sea of Japan. The head of the Chinese Air Force, Ma Xiaotian, defended his country´s military maneuvers in the area. Japan fears that its air defenses are being put to the test, Europa Press reports.
– Turkey urged the European authorities not to build walls to keep out asylum seekers. The country´s minister for the European Union, Omer Celik, criticized Brussels’ policies and said that Turkey “is the only one that takes in those who are fleeing from death,” Europa Press reported.
– In Spain, the Economy Ministry raised the maximum fines for fund management companies to 3,200%. The proposed legislation, which will adapt Spain to the European Markets in Financial Instruments Directive (MIFID2), includes another surprise: it would severely restrict the incentives paid to the distributors of funds, the business daily Cinco Días reported.
– Inflation in Spain remained at 1.5% in July, The Consumer Price Index (CPI) has been positive for 11 consecutive months, although its increases have moderated compared to the upturns of 3% in January and February, EFE reports.