Economy
Hungary’s state controlled energy company MOL has ordered its first seaborne deliveries of Russian crude to be routed through Croatia, marking a new phase in an energy supply dispute involving Kyiv, Budapest and Bratislava after damage to the Druzhba pipeline in late January. Foreign Minister......
Russia’s oil sector is entering its deepest crisis in decades as Western sanctions drive export prices sharply lower and push smaller producers toward insolvency, threatening a central pillar of the Kremlin’s wartime economy. State lender VTB is preparing to file for bankruptcy against First......
DP World on Monday released new regional findings from its Global Trade Observatory Annual Outlook Report 2026, indicating that 94 percent of supply chain leaders surveyed expect global trade growth in 2026 to match or exceed 2025 levels. The outlook remains positive even as companies contend with customs......
Christine Lagarde is expected to leave the European Central Bank before the end of her eight year term as president, which is due to expire in October 2027, according to a report published by the Financial Times on February 18, 2026. The development would mark a reversal for Lagarde, who less than a......
Investor sentiment toward the US dollar has fallen to its most bearish level in more than 14 years as the BRICS bloc steps up efforts to develop a cross border payment system aimed at reducing reliance on dollar dominated financial channels. The initiative builds on Brazil’s instant payment platform......
CIH Bank has issued a warning after a viral video surfaced in which a customer claimed she had been defrauded. The bank clarified that the incident was linked to a scam, in which the customer voluntarily shared her banking information with fraudsters. According to CIH, the victim had been contacted......
Afghanistan and Uzbekistan have signed 25 commercial agreements worth more than $300 million at a trade connectivity conference aimed at strengthening bilateral commerce and investment between Kabul and Tashkent. According to Afghanistan’s Ministry of Commerce and Industry, the agreements span......
Germany’s economy is projected to grow by only 1% in 2026, according to the German Chamber of Industry and Commerce (DIHK), slightly above its earlier forecast of 0.7%. The chamber emphasized that structural reforms are essential to achieve a more sustainable recovery. Helena Melnikov, managing......
Morocco has reaffirmed its international appeal by being named the most beautiful country in Africa in 2025, according to the Readers’ Choice Awards published by Condé Nast Traveler. Based on votes from travelers worldwide, this ranking annually highlights the most appreciated destinations......
China’s installed clean energy capacity has exceeded fossil fuels for the first time, marking a significant milestone in the country’s energy transition. New data from Global Energy Monitor show that as of February 2026, 52 percent of China’s operating power capacity comes from non......
European natural gas prices dropped sharply on Monday as forecasts of milder temperatures across the continent eased immediate concerns over heating demand. The benchmark Dutch TTF contract slid more than 5 percent to around 30.75 euros per megawatt hour, according to Trading Economics, marking its lowest......
Global equity markets advanced on Monday as investors looked past weekend geopolitical headlines and turned their focus to high stakes nuclear negotiations between the United States and Iran scheduled for Tuesday in Geneva, along with a busy week of corporate earnings led by major retail and agricultural......
Cuba is confronting its most severe fuel shortage since the collapse of the Soviet Union as oil sanctions imposed by the Trump administration intensify, prompting the government to activate emergency rationing measures while Washington simultaneously delivers humanitarian aid through the Catholic Church. Havana......
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