Trade tensions and plane delivery delays challenge airline growth
Global airline growth faces major hurdles from rising trade barriers and ongoing plane delivery delays amid record passenger numbers.
A magnitude 5.6 earthquake hit Xizang, China, on Monday, with the epicenter located 10 km below the Earth's surface, according to the German Research Center for Geosciences (GFZ).
A magnitude 5.6 earthquake struck the Xizang region of China on Monday, sending tremors through the area. The German Research Center for Geosciences (GFZ) reported that the quake's epicenter was located 10 km (6.21 miles) below the Earth's surface.
While details about damages or casualties have yet to be confirmed, seismic activity in this area is not uncommon, with Xizang—home to the Tibetan Plateau—experiencing frequent tremors due to its location along major fault lines.
Local authorities have yet to issue a formal statement on the impact of the earthquake.
The region’s vulnerability to earthquakes highlights the ongoing seismic risk in parts of China, particularly in areas located near tectonic boundaries.
On May 28, the inauguration ceremony of Lachin International Airport was held.
A car drove into crowds of Liverpool fans celebrating the club’s Premier League title in the city centre on Monday evening, injuring dozens including 4 children. A 53-year-old man believed to be the driver was arrested at the scene.
Taxi drivers across France are protesting government plans to cut payments for driving patients to medical appointments. These cuts are part of a broader effort by Prime Minister François Bayrou to save €40 billion in the 2026 budget and reduce the country’s large deficit.
EU ministers have greenlit a massive €150 billion defense investment fund—dubbed the Security Action for Europe (SAFE)—as the bloc ramps up its military readiness in response to Russia’s aggression and growing uncertainty over U.S. security guarantees.
Brazil’s economy is expected to have regained momentum in the first quarter of 2025, driven by a surge in household spending and private investment, according to a Reuters poll of economists conducted from May 21–26.
Italian Prime Minister Giorgia Meloni has positioned Italy as a key gateway for EU engagement with Central Asia, securing over €7 billion in deals during a high-level tour of Uzbekistan and Kazakhstan aimed at reinforcing energy, trade, and diplomatic ties.
Since taking office in January, Trump's sweeping tariff decisions, ranging from steel to smartphones have shaken markets, sparked global tensions, and triggered legal battles, with major duties hitting China, the EU, and even U.S. allies.
The UK will boost its fleet of nuclear-powered submarines and push defence readiness in response to evolving global threats and shifting U.S. security commitments under President Trump.
Karol Nawrocki, a conservative historian and eurosceptic, has won Poland's presidency with 50.89% of the vote, promoting a nationalist platform, military aid to Ukraine, and a strongman image that resonated with right-wing voters.
The Philippines and the European Union have agreed to launch a security and defense dialogue aimed at addressing emerging challenges such as cyber threats and foreign interference, Philippine Foreign Minister Enrique Manalo announced on Monday.
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