Economy

Ekonomika a financie

What Is the Strait of Hormuz and Why It Controls Oil Economy

What Is the Strait of Hormuz and Why It Controls Oil

The Strait of Hormuz is the world's most important oil chokepoint, funneling roughly 20 million barrels per day between the Persian Gulf and global ma...

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Hungarian Army to Protect TurkStream Pipeline Up to Slovakia Economy

Hungarian Army to Protect TurkStream Pipeline Up to Slovakia

Following the discovery of explosives in Serbia, Hungary will deploy its army to protect the TurkStream pipeline from the Serbian border to the Slovak...

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Handling Strikes at El Prat Airport: Baggage Chaos and Delays Economy

Handling Strikes at El Prat Airport: Baggage Chaos and Delays

Indefinite strikes by Groundforce at Barcelona-El Prat Airport are causing thousands of unhandled bags, delays of up to 70 minutes, and long queues, r...

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Ryanair Cuts 1.2 Million Seats in Regional Spain Economy

Ryanair Cuts 1.2 Million Seats in Regional Spain

Ryanair is closing its base in Santiago de Compostela, eliminating all flights to Asturias and Vigo, and reducing capacity at other regional Spanish a...

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Germany and Italy Call for 'Kill Switch' for Stablecoins Economy

Germany and Italy Call for 'Kill Switch' for Stablecoins

Germany and Italy are pushing for an EU mechanism that would allow the European Banking Authority to shut down systemically important stablecoins in t...

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Fico Likens EU to a "Suicide Ship" and Calls for Dialogue with Russia Economy

Fico Likens EU to a "Suicide Ship" and Calls for Dialogue with Russia

Slovak Prime Minister Robert Fico, after a phone call with Viktor Orbán, described the EU as a "suicide ship" in terms of energy security and called f...

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April 12: Orbán and Magyar Face Decisive Battle Economy

April 12: Orbán and Magyar Face Decisive Battle

Hungary is gearing up for the April 12 parliamentary elections, which Politico has dubbed the EU's most important vote in 2026. Polls suggest Péter Ma...

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Iran War Enters Week 6 as Trump Sets Hormuz Ultimatum Economy

Iran War Enters Week 6 as Trump Sets Hormuz Ultimatum

The US-Israeli military campaign against Iran reaches its sixth week with over 2,076 casualties, as President Trump threatens to destroy Iran's infras...

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Spain Closes Airspace to U.S. Aircraft Over Iran Conflict Economy

Spain Closes Airspace to U.S. Aircraft Over Iran Conflict

The Spanish government has prohibited U.S. aircraft involved in the war against Iran from overflying its territory and using its military bases, a dec...

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Poland Cuts Fuel VAT to 8% Amid Record Diesel Prices Economy

Poland Cuts Fuel VAT to 8% Amid Record Diesel Prices

Prime Minister Tusk's government has announced a "Lower Fuel Prices" package, reducing VAT on fuel from 23% to 8% and cutting excise duty to the EU mi...

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Czech and Slovak Governments Resume Joint Talks Economy

Czech and Slovak Governments Resume Joint Talks

Czech and Slovak ministers met for a joint session at Nová Horka Chateau in the Moravian-Silesian Region after nearly two years. Prime Ministers Babiš...

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How U.S. Government Shutdowns Work—and Why Economy

How U.S. Government Shutdowns Work—and Why

A government shutdown occurs when Congress fails to fund federal agencies. Here is how the process works, who it affects, and why the United States is...

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