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Iran

Iran’s parliament speaker says US blockade aims at 'internal division'

Mohammad Bagher Ghalibaf, a powerful figure, has grown in prominence since the start of the war and was the lead negotiator in the so far only round of direct US-Iranian talks.

Business

Germany has world's second biggest gold reserve. Time to cash it in?

To ease the burden on consumers, DIW head Marcel Fratzscher proposes selling part of Germany's gold reserves — currently worth around €440 billion.

Europe News

European Economic Congress opens with focus on self-sufficiency

In the midst of growing geopolitical and economic uncertainty for the continent, the latest iteration of the European Economic Congress began in Katowice on Wednesday with a focus on economic survival.

Travel News

Cruise boom boosts employment: One job for every 20 passengers

The cruise tourism sector is establishing itself as a global engine capable of generating millions of jobs and billions in economic activity.

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Gaza

Gaza reconstruction to cost over $71 billion, EU-UN report says

Gaza would need over $71 billion for recovery after two years of war, EU and UN warned Monday, as damage to homes, hospitals, and schools leaves most people displaced.

North Korea

Russia and North Korea connect road bridge ahead of summer opening

Ties between both countries have surged amid Russia's full-scale invasion of Ukraine, with Moscow and Pyongyang deepening economic, political, cultural and military links.

Europe News

European Economic Congress 2026: Central Europe's top business forum

The European Economic Congress in Katowice is one of the leading economic events in Central Europe, bringing together top figures from business, politics, science and local governance.

Iran

Hormuz standoff shows no sign of letting up for shipping to resume

Maritime traffic in the Strait of Hormuz remained at minimal levels on Friday resulting in a giant parking lot, as the US-Iran standoff continues with the same cautious approach since Monday.

North Korea

China and Russia ties driving North Korean economic recovery

China has long been the diplomatically isolated country's main economic backer, though Pyongyang has also drawn closer to Moscow since it launched its full-scale invasion of Ukraine in 2022.

Iran

Diplomats try to arrange second round of US-Iran peace talks

An initial round of talks aimed at permanently ending the conflict failed to produce an agreement last weekend. The White House said Iran’s nuclear ambitions were a central sticking point.

Business

Spanish inflation rises to 3.4% in March due to higher fuel prices

The CPI climbed by more than one point compared to last February, pushed up by the increase in energy prices. The government is confident that the anti-crisis plan will ultimately moderate prices.

Economy

Airport council warns: Hormuz closure poses major fuel shortage risks

In a letter to the EU, the Airports Council International warned that if Hormuz does not reopen within three weeks, paraffin shortages in Europe will be critical.

Venezuela

Venezuela police use tear gas against protesters demanding pay rises

The monthly minimum wage in Venezuela is 130 bolivars (€0.23), unchanged since 2022, and roughly 330 times lower than the UN poverty line of $3 (€2.56) a day.

Business

Spain's warning to the West: Close your borders, wreck your economy

Spain's government has modelled what happens if it closes the door on migration. The results make for uncomfortable reading.

Business

Foreign investment in Spain falls by 22% to lowest level since 2021

FDI in Spain fell by 21.8% in 2025 to €30.764 billion, its lowest level since 2021 despite the expected boost from European funds, according to official data.

Economy

Spain breaks jobs record with 22 million Social Security contributors

Spain's Social Security enrolment hit an all-time high in March, boosted by Easter Week, after more than 211,000 jobs were added and unemployment edged lower.

Focus

Europe leads on climate as CDP marks 25 years

In partnership with CDP

Some of Europe’s leading companies gathered in Paris to mark CDP’s 25th anniversary, showing how sustainability disclosure is not just good for the planet - it can also boost the bottom line.

Partner content

Costa Rica blends sustainability and digital innovation to promote its agricultural exports globally

Partner content presented by PROCOMER

Costa Rica is using Amazon to connect European consumers with sustainably produced crops, from coffee and cassava to tropical fruits like pineapple and bananas.

Partner content

Europe Needs a New Mindset and the Courage to Act

Partner content presented by PMI

Why Europe’s competitiveness depends on governance reform — and on investing in people and leadership: a conversation with PMI’s President for Europe, Massimo Andolina.

Economy

War-driven disruptions push Central Asia to rethink agriculture

Rising geopolitical tensions are disrupting Central Asian agriculture, boosting global food prices, straining supply chains and pressuring exports. Experts stress regional cooperation, diversification, and innovation as key responses.