Author: staff
While cutting red tape has long been a priority for governments, a sudden surge in energy prices has sent EU leaders scrambling for ways to avert a full-blown crisis. The price of a barrel of oil broke the $100 mark on Monday as the war in the Middle East — sparked by U.S. and Israeli strikes on Iran — entered its second week. The finance ministers of Canada, France, Germany, Italy, Japan, the U.S. and the U.K. held talks on Monday to coordinate a possible release of strategic oil reserves to head off the prospect of an inflation shock rocking the world economy. Germany, Belgium and…
After almost an hour, the trilateral meeting between French president Macron, Greek Prime minister Mitsotakis and Cyprus President Christodoulides in Paphos, a city on the southwest coast of Cyprus was concluded. The three leaders discussed behind closed doors in a special room at Andreas Papandreou Air Base in Paphos. The focus was of course on the situation in the Middle East. Christodoulides: ‘The security of Cyprus means the security of Europe’ “Your presence, apart from its high symbolism, is of essential importance for Cyprus, Europe and the EU as a whole”, the President of Cyprus said, thanking both Emmanuel Macron…
According to Hungarian outlet Telex, lawmakers plan to debate the legislation under an unusual fast-track procedure after the parliament’s national security committee met Monday. Hungarian authorities say they are examining whether the convoy — stopped while transiting the country last week — posed national security risks. They are also investigating the origin and intended use of the money. Hungarian officials insist key questions about the convoy remain unresolved. Fidesz parliamentary leader Kocsis described the episode as a “scandalous Ukrainian gold convoy” and said investigators are examining whether the transport of such large quantities of cash and bullion could pose security…
Published on 09/03/2026 – 18:49 GMT+1 US President Donald Trump said on Monday that Australia had agreed to grant asylum to some of Iran’s visiting women’s football team, whose players refused to sing the national anthem while playing there during the Middle East war. “I just spoke to Prime Minister Anthony Albanese, of Australia, concerning the Iranian National Women’s Soccer Team. He’s on it! Five have already been taken care of,” Trump said on his Truth Social network, less than two hours after an initial post urging Australia to take them in. Trump added that “some, however, feel they must…
Published on 09/03/2026 – 19:00 GMT+1•Updated 19:14 Though 2026 marked the 60th anniversary of ITB Berlin, the world’s largest tourism trade fair, celebrations were somewhat overshadowed by geopolitics. The event itself went off without much disruption, minus a few notable empty stands. However, many destinations are nervously awaiting the impact of recent events on their tourism sector, a vital part of the economy. What was clear though, was a desire for adventure and conscious travel from tourists across the whole world. This links directly into broader lifestyle trends to disconnect from technology and spend more time in nature. “I think…
Au Royaume-Uni, le gouvernement envisage de réguler la tech sans passer par le Parlement – POLITICO Skip to main content
Published on 09/03/2026 – 18:02 GMT+1•Updated 18:29 NATO forces have intercepted an Iranian missile heading to Türkiye for the second time in less than a week, as US-Israeli strikes on Iran throw the wider Middle East into conflict. Last Wednesday, Türkiye’s Ministry of Defence said it intercepted an Iranian ballistic missile headed toward Turkish airspace close to the Syria border. Confirming the incident, NATO spokesperson Allison Hart said “NATO stands firm in its readiness to defend all Allies against any threat”. According to NATO sources, there is as yet no indication Türkiye is triggering formal proceedings within the alliance to…
For Russia, the surge in oil prices amounts to an economic windfall at a crucial moment, as the cost of four years of war in Ukraine threatened to spill over into a domestic economic crisis. The assault on Iran may undermine Moscow’s claim to stand by its allies, but it is already benefiting Russia’s economy and, by extension, its war against Ukraine — leaving the Kremlin well placed to emerge as one of the main beneficiaries of the expanding conflict in the Middle East. Economic turnaround Only several weeks ago, the mood among Russia’s economic elite was grim. The Russian…
By Quirino Mealha with AP Published on 09/03/2026 – 17:06 GMT+1•Updated 17:14 G7 finance ministers discussed a coordinated release of emergency oil reserves on Monday but failed to reach agreement, with France’s Roland Lescure saying the group was “not there yet” on a deal. The G7 was exploring a coordinated release of emergency oil reserves to tamp down fears of an impending shortage but stopped short of a deal. Japan’s finance minister, Satsuki Katayama, said the International Energy Agency (IEA) explicitly requested the coordinated release during the G7 meeting, according to Bloomberg. Brent crude briefly hit $119.50 a barrel on Monday morning, its…
By Angela Symons with AP Published on 09/03/2026 – 16:47 GMT+1•Updated 16:48 Tourists and staff were airlifted from a national reserve in Kenya following severe flooding in the east African country. “A few days ago we had the Mara River and the Talek River also burst their banks… So a lot of the tourists and camp staff had already evacuated the camps,” Marc Goss explained, the CEO of Mara Elephant Project Trust. Most tourists in the Maasai Mara National Reserve in southwestern Kenya were evacuated before the downpour, authorities said. In the Kenyan capital of Nairobi, at least 25 people have died after…