Italy’s national statistics bureau ISTAT has slightly lowered its economic growth forecast for 2026, projecting gross domestic product (GDP) growth of 0.7%, down from the 0.8% estimate issued in December. The agency also expects the economy to expand by 0.7% in 2027, supported by stronger-than-expected performance in the first quarter, when GDP rose 0.3% from […]
One of the world’s largest shipping companies, AP Moller-Maersk, has announced plans to cut an additional 3,500 jobs, following a previous reduction of 6,500 positions earlier in the year. The decision comes as a response to diminished demand and reduced freight rates. Maersk experienced a significant decline in profits, plummeting by 92% during the latest […]
Cuba’s current fuel crisis has prompted the country to seek assistance from its historical ally, Russia. Cuban taxi driver Jorge Lloro, who drives a Soviet-era Lada, is reminded of the strong ties between the two nations. During the Cold War, around 100,000 Lada cars were imported to Cuba as a way to circumvent the long-standing […]


