Hungary's government to release 250,000 tonnes of crude oil from strategic reserves
Hungary will release 250,000 tonnes of crude oil from its strategic reserves following a halt in flows on the Druzhba pipeline. The decision was annou...
Germany’s economy may see growth in 2026, but only if the new coalition’s massive investment plan is effectively implemented, experts say.
Three leading economists forecast that Germany’s economy could grow by 1% in 2026, provided the new €500 billion investment package from Chancellor Friedrich Merz’s government is properly executed. After years of stagnation driven by the pandemic, the energy crisis, and a weakened car industry, the EU’s largest economy remains in critical condition. Experts believe the new coalition’s focus on infrastructure, defense, and energy reform could bring recovery—especially if supported by green energy solutions and digital innovation. However, risks remain, including high energy costs, slow digitalization, and potential trade tensions with the U.S. under President Trump.
The transition to electric vehicles could also cost up to 140,000 jobs by 2035 unless the auto sector adapts swiftly. Economists stress the need for strategic diplomacy, technological investment, and diversified trade to ensure lasting growth.
Israel is preparing for the possibility of receiving a green light from the United States to launch strikes against Iran’s ballistic missile system, according to Israel’s public broadcaster KAN.
Aghdam’s Qarabag FK experienced a 6–1 defeat to England’s Newcastle United in the first leg of their UEFA Champions League play-off tie in Azerbaijan's capital Baku Wednesday evening (18 February).
U.S. President Donald Trump’s 'Board of Peace' will hold its first leaders’ meeting on Thursday (19 February) in Washington, D.C., launching an initiative aimed at stabilising Gaza and addressing global conflicts. It's drawn support from regional powers but refusals from several EU countries.
Russian President Vladimir Putin met Cuban Foreign Minister Bruno Rodriguez in the Kremlin on Wednesday, telling him that new restrictions imposed on the communist-run island were unacceptable.
A new freight corridor linking China with Tajikistan via Kyrgyzstan and Uzbekistan has entered pilot operation, marking another step in Central Asia’s expanding transport connectivity.
Millions of Colombian roses have arrived in the United States just in time for Valentine’s Day, keeping the country on track as the world’s second-largest flower exporter. Between 15 January and 9 February, Colombia shipped roughly 65,000 tons of fresh-cut blooms.
Russia’s car market is continuing to receive tens of thousands of foreign-brand vehicles via China despite sanctions imposed after Moscow’s full-scale invasion of Ukraine in 2022, a journalistic investigation has found.
Türkiye’s national energy company, TPAO, has struck a new cooperation deal with U.S. energy giant Chevron, signing a memorandum of understanding to explore joint oil and gas exploration and production opportunities, the Turkish Energy and Natural Resources Ministry announced on Thursday.
Wall Street ended sharply lower on Tuesday as investors worried about artificial intelligence (AI) creating more competition for software makers, keeping them on edge ahead of quarterly reports from Alphabet and Amazon later this week.
U.S. stock markets finished mixed on Wednesday (28 January) as investors reacted calmly after the Federal Reserve left interest rates unchanged, a decision that had been widely expected and largely priced in.
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