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Are German politics to blame for the automotive industry crisis?

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How the UN’s Awaza Programme is unlocking trade for landlocked nations

Partner content presented by Turkmenaragatnashyk

The UN’s Awaza Programme sets a 10-year plan to boost trade, resilience and connectivity for 32 landlocked nations worldwide.

Business

Groceries: Egg prices rise by 40% in Portugal in the past year

To buy half a dozen eggs, consumers in Portugal now spend more than €2. Prices have risen 81% in just three years.

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Uzbekistan’s Olympic leap: celebrating Independence Day with new sporting heights

Partner content presented by the Tourism Committee of the Republic of Uzbekistan

Uzbekistan marks its 34th Independence Day with a new Olympic village, record sporting success, and reforms shaping a modern future.

Economy

Will Powell hint at a rate cut? All eyes on Jackson Hole speech

Markets await Jerome Powell’s Jackson Hole speech for clues on rates. With inflation high and jobs weakening, the Fed faces pressure. Powell may leave a September rate cut on the table, but the trajectory isn't guaranteed.

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Economy

Germany’s GDP contraction worse than expected after tariff boost

The economy had seen a slight uptick at the start of this year as businesses sought to get ahead of tariffs, but the country has now slipped back into contraction territory.

Focus

UN summit in Turkmenistan sets 10-year plan for landlocked nations

In partnership with LLDC3 - Awaza, Turkmenistan

In Awaza, Turkmenistan, the United Nations set a 10-year roadmap to tackle the economic, trade and infrastructure challenges facing 32 landlocked developing countries across four continents.

Europe in Motion

European brews: Alcohol-free sector grows 11%

The alcohol-free beer sector grew by 11% in 2024. While Germany leads in production, the Netherlands is the EU's biggest exporter.

Economy

Japan's economy holds steady at half-year mark despite Trump tariffs

The country's GDP grew in the second quarter thanks to a rush of pre-tariff exports and a glut of international tourists.

Economy

The UK economy grows despite tariff pressures, outpacing G7 peers

While not comparable to the growth at the beginning of the year, July's numbers are bigger than predicted and signal a greater resilience than other top G7 economies.

Economy

Ibex-35 hits 15,000 points and reaches the highest level since 2007

The Spanish stock market index had not reached highs like this since 2007, just before the global market crash.

Economy

The new 'Tiger economy': Vietnam's 2045 get rich quick plan

Vietnam wants to follow in the footsteps of Taiwan and South Korea, but focusing on one single industry is no longer viable to build a strong and resilient economy.

Tech News

Tech expert: AI is key to bridging productivity gap between EU and US

Worker productivity in Europe is lower than in the US, and the gap continues to widen. Embracing AI could help reverse that.

Business

Rental demand eases in Portugal, but house prices continue to grow

In the second quarter of 2025, each house available for rent received an average of 17 enquiries, a 43% drop from the same period in 2024. Portalegre is the city with the highest demand for rental properties.

Business

Tariffs: 'Economic blow' for Switzerland coming if no new deal with US

The tariffs, which come into effect on Thursday, are estimated to affect around 60% of Swiss exports to the United States, its largest market for its exports of pharmaceuticals, watches, machinery and chocolate.

World News

Trump announces 90-day negotiating period on trade with Mexico

Nations are scrambling to finalise the outlines of a trade framework with Trump in order to avoid him imposing higher tariff rates that could upend economies and governments.

Business

Over 100,000 Ukrainian companies founded in Poland since 2022

Since the outbreak of Russia's full-scale invasion of Ukraine in February 2022, Ukrainians residing in Poland have established more than 13,000 companies and around 90,000 sole proprietorships, according to data from the Polish Economic Institute and Gremi Personal.

Europe News

German politicians furious at von der Leyen over new EU-US trade deal

German businesses and politicians are shocked by the customs deal that EU executive chief Ursula von der Leyen negotiated with the US president, seen as potentially damaging to Germany's economy.

Business

Student rentals exceed €400 for the first time in Portugal

Lisbon is Portugal's most expensive city for student rentals. For the first time ever, the average room price in Portugal has exceeded €400 per month.

Focus

Kazakhstan is drawing foreign direct investment, even as global FDI flows slow. Here’s how:

In partnership with MDQ

FDI in Kazakhstan is slowing, but multibillion-euro deals are still landing. Officials call the shift cyclical, not a sign of waning investor confidence.

Economy

ECB hits pause button: Here’s why Lagarde isn’t rushing things

The European Central Bank kept rates unchanged as inflation hit its 2% target. Lagarde urged patience, citing global risks and reaffirming a data-driven approach.