Airline Sector Hit as Iran Conflict Pushes Fuel Prices Higher

By admin March 5, 2026 No comment

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The global airline industry faced fresh volatility on Thursday as rising jet fuel prices and widespread flight disruptions followed the escalating conflict involving Iran and joint strikes by the United States and Israel. Several Middle Eastern airspaces were closed due to missile risks, forcing airlines to cancel or reroute flights. Operations at Dubai International

French Court Lowers Charge Against Officer in Teen Shooting Case

By admin March 5, 2026 No comment

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A French appeals court has reduced the charges against a police officer accused of fatally shooting a teenager during a traffic stop in 2023. The court ruled that the officer, Florian M., will face trial for voluntary assault leading to death instead of the more serious charge of murder. The case centres on the shooting […]

EU Diplomat Says Iran’s Actions Risk Its Own Downfall

By admin March 5, 2026 No comment

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European Union foreign policy chief Kaja Kallas said Iran’s government is undermining its own future by launching indiscriminate attacks across the region. Speaking to reporters, she accused Tehran of pursuing a strategy aimed at spreading instability and escalating conflict in the Middle East, warning that such actions could ultimately backfire on the Iranian leadership.

U.S.–Spain Rift Deepens Over Military Cooperation

By admin March 5, 2026 No comment

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The White House said Spain has agreed to cooperate with the U.S. military after pressure from Donald Trump, but Spanish officials quickly denied any such agreement. Trump had earlier threatened to cut off trade with Spain over its refusal to allow U.S. forces to use military bases in the country for operations linked to strikes […]

Sánchez Rejects Trump Trade Threat, Reaffirms Spain’s ‘No to War’ Stance

By admin March 4, 2026 No comment

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Spanish Prime Minister Pedro Sánchez has firmly rejected US President Donald Trump’s threat to sever trade ties with Spain, reiterating Madrid’s opposition to war and what he described as breaches of international law. In a televised address from the Moncloa Palace, Sánchez said Spain’s position on conflicts in Ukraine, Gaza and Iran could be summed […]

Greek Appeals Court Upholds Criminal Organisation Convictions Against Golden Dawn

By admin March 4, 2026 No comment

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An appeals court in Athens has upheld the landmark 2020 ruling that senior figures of the far-right Golden Dawn operated as a criminal organisation under the guise of a political party. Founder Nikos Mihaloliakos and six other top officials were again found guilty of leading the group, while another 24 defendants — including 11 former […]

German Intelligence Alleges Russia Concealing True War-Related Budget Deficit

By admin March 4, 2026 No comment

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Germany’s foreign intelligence service, Federal Intelligence Service (BND), has accused Moscow of understating the economic toll of its war in Ukraine, estimating that Russia’s 2025 budget deficit is significantly higher than officially reported. In a LinkedIn post, the BND said the actual federal deficit stood at 8.01 trillion roubles, compared with the official figure of

Euro Zone Services Growth Picks Up Slightly as Demand Improves

By admin March 4, 2026 No comment

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Services activity across the euro zone expanded at a slightly faster pace in February as demand conditions improved, according to a Purchasing Managers’ Index (PMI) survey compiled by S&P Global. The HCOB euro zone services PMI rose to 51.9 from 51.6 in January, signalling continued growth, though the pace of expansion remained modest. Economists noted […]

Trump Threatens Trade Embargo on Spain Over Military Base Dispute

By admin March 4, 2026 No comment

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U.S. President Donald Trump has threatened to halt all trade with Spain after Madrid refused to allow American forces to use its military bases for operations linked to strikes on Iran. Speaking during a meeting with German Chancellor Friedrich Merz, Trump said he had instructed U.S. officials to consider cutting off economic dealings with Spain, […]

EU ‘Made in Europe’ Auto Plan Risks Trade Tensions

By admin March 3, 2026 No comment

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The European Union is preparing to introduce stricter “Made in EU” requirements for automakers as part of a proposed Industrial Accelerator Act aimed at reviving domestic manufacturing. Under draft rules, electric vehicles would need at least 70% of their parts’ value — excluding the battery — produced within the bloc to qualify for subsidies, alongside […]