Browsing: News
Germany has formally requested an exemption from European Union borrowing limits to substantially increase its defence spending, citing the need to address rising military threats from Russia. According to reports by Euractiv, the request was made through a letter sent by Germany’s outgoing finance
More than 3,700 people have lost their lives and nearly 5,100 have been injured following two powerful earthquakes that struck Myanmar, according to the World Health Organization (WHO). In addition, 114 individuals remain missing, and tens of thousands have been displaced, now living
The European Parliament’s Industry, Research and Energy Committee has adopted a draft law to extend and revise the European Union’s gas storage framework, introducing more flexible rules to help reduce market pressure and lower gas prices. The initiative, supported on 24 April, aims
U.S. President Donald Trump has renewed his criticism of Federal Reserve Chair Jerome Powell, calling for his removal and blaming the central bank’s leadership for delaying interest rate cuts. Trump’s comments, made both online and in the Oval Office, follow Powell’s recent warnings about the
The World Food Programme (WFP) has issued a warning that hunger and malnutrition levels are rapidly worsening across Ethiopia, where more than 10 million people are currently experiencing acute food insecurity. This includes approximately 3 million internally displaced persons, many of whom
A rare astronomical event known as a triple conjunction is expected to grace the early morning skies on April 25, 2025, as Venus, Saturn, and the crescent Moon align in a formation resembling a smiley face. The alignment will be visible in the
The European Union has reached a provisional agreement on a revised regulation aimed at strengthening safety standards for children’s toys sold within the bloc’s single market. The deal, announced Thursday evening, was negotiated between the European Parliament and the Council of the EU. The updated
The United Nations High Commissioner for Refugees (UNHCR) is appealing for $16 million to expand emergency relief operations in Myanmar, where a major earthquake last week left more than a million people in urgent need of assistance. The funds are
Artificial Intelligence (AI) is poised to become a major driver of economic transformation, with its market value projected to reach $4.8 trillion by 2033, according to the latest report by the United Nations Conference on Trade and Development (UNCTAD). However,
Austria’s registered unemployment rate increased to 7.4 percent in March 2025, as the prolonged economic downturn continued to strain the country’s labour market. Official data released by the Austrian Public Employment Service showed that the combined number of jobless individuals and participants in training programmes