Leonardo Badea (BNR): On the macroprudential role of international reserves
In the current context in Romania, it is becoming increasingly clear that we need strong anchors. These strategic directions have a common element: the need to strengthen the economy’s resilience in the face of external shocks and structural uncertainties. Opinion by Leonardo Badea, First Deputy Go»»»
Vance arrives in Hungary to back Viktor Orban’s re-election bid
US Vice President J.D. Vance has met with Viktor Orban in Budapest in a high-profile visit ahead of a critical parliamentary election. The Hungarian prime minister’s party is trailing that of his pro-EU opponent in the polls, and he has accused Brussels of interfering in the vote. Vance touched dow»»»
Nigeria’s NNPCL begins exporting new Cawthorne crude grade to Europe
The Nigerian National Petroleum Company Limited (NNPCL) has commenced exports of a new crude oil grade, Cawthorne, as it seeks to boost production and strengthen its position in global markets. The maiden cargo of the new »»»
Gulf Banks Weather Geopolitical Tensions with Strong Capital Buffers
Gulf banks are holding up well despite rising geopolitical tensions in the Middle East, underpinned by solid financial positions and early regulatory action, though the full impact on the sector has yet to emerge. Mohamed Damak, managing director at S&P Global Ratings, told Asharq Al-Awsat there ha»»»
Expert to Asharq Al-Awsat: Zelenskyy Offered Syria Phosphate-for-Wheat, Drones Deal
Ukrainian President Volodymyr Zelenskyy’s first visit to Damascus might have passed as routine, aimed at strengthening ties, but its timing amid regional tensions and Türkiye’s presence gave it added weight. Analysts saw multiple messages in the trip, including signals to Russia as regional power b»»»
US consumers under pressure as Gulf energy crisis expands
US consumers are coming under increasing pressure as the effects of the energy shock from the Gulf War ripple amounts across the world. Petrol prices at the pump have soared to record highs. Inflation is increasing. And ma»»»
US consumers under pressure as Gulf energy crisis expands
US consumers are coming under increasing pressure as the effects of the energy shock from the Gulf War ripple amounts across the world. Petrol prices at the pump have soared to record highs. Inflation is increasing. And ma»»»
US consumers under pressure as Gulf energy crisis expands
US consumers are coming under increasing pressure as the effects of the energy shock from the Gulf War ripple amounts across the world. Petrol prices at the pump have soared to record highs. Inflation is increasing. And ma»»»
Meloni visits Gulf to cement Italy's energy ties as European rift with US over Iran widens
Italian Prime Minister Giorgia Meloni concluded a two-day tour of the Persian Gulf on April 4, meeting the leaders of Saudi Arabia, Qatar and the United Arab Emirates in an effort to shore up Italy's energy security as Iranian attacks on Gulf states and the near-closure of the Strait of Hormuz push»»»
Meloni visits Gulf to cement Italy's energy ties as European rift with US over Iran widens
Italian Prime Minister Giorgia Meloni concluded a two-day tour of the Persian Gulf on April 4, meeting the leaders of Saudi Arabia, Qatar and the United Arab Emirates in an effort to shore up Italy's energy security as Iranian attacks on Gulf states and the near-closure of the Strait of Hormuz push»»»
Meloni visits Gulf to cement Italy's energy ties as European rift with US over Iran widens
Italian Prime Minister Giorgia Meloni concluded a two-day tour of the Persian Gulf on April 4, meeting the leaders of Saudi Arabia, Qatar and the United Arab Emirates in an effort to shore up Italy's energy security as Iranian attacks on Gulf states and the near-closure of the Strait of Hormuz push»»»
Meloni visits Gulf to cement Italy's energy ties as European rift with US over Iran widens
Italian Prime Minister Giorgia Meloni concluded a two-day tour of the Persian Gulf on April 4, meeting the leaders of Saudi Arabia, Qatar and the United Arab Emirates in an effort to shore up Italy's energy security as Iranian attacks on Gulf states and the near-closure of the Strait of Hormuz push»»»
US consumers under pressure as Gulf energy crisis expands
US consumers are coming under increasing pressure as the effects of the energy shock from the Gulf War ripple amounts across the world. Petrol prices at the pump have soared to record highs. Inflation is increasing. And ma»»»
Hungarian election outcome may do little to ease EU funding deadlock for Ukraine
Ukraine’s access to tens of billions of euros in European Union support may remain uncertain regardless of the outcome of Hungary’s closely contested election this month, as the anti-Ukrainian ruling Fidesz’ main challenger has also indicated reservations over key elements of assistance to Kyiv. »»»
Bosnian lawmakers set to fast-track gas pipeline amendments despite transparency concerns
Proposed legal changes to a long-delayed gas pipeline linking Bosnia & Herzegovina to Croatia have drawn criticism from anti-corruption groups and energy experts, who warn the project risks undermining transparency and saddling the public with long-term costs. »»»
Bosnian lawmakers set to fast-track gas pipeline amendments despite transparency concerns
Proposed legal changes to a long-delayed gas pipeline linking Bosnia & Herzegovina to Croatia have drawn criticism from anti-corruption groups and energy experts, who warn the project risks undermining transparency and saddling the public with long-term costs. »»»
Energy shock drives food price pressures in North Macedonia
The global oil shock triggered by escalating tensions in the Middle East, including the US strikes on Iran, is raising fears of a new inflationary wave — and in North Macedonia, the early signs are already visible, though not always in expected ways. »»»
Can pipelines make a comeback?
The shock to LNG supply is forcing buyers to confront both physical disruption and rising dependence on the US, which could revive interest in long-stalled pipeline projects. WHAT: A fifth of global LNG supply has been kno»»»
US consumers under pressure as Gulf energy crisis expands
US consumers are coming under increasing pressure as the effects of the energy shock from the Gulf War ripple amounts across the world. Petrol prices at the pump have soared to record highs. Inflation is increasing. And ma»»»
Hungarian election outcome may do little to ease EU funding deadlock for Ukraine
Ukraine’s access to tens of billions of euros in European Union support may remain uncertain regardless of the outcome of Hungary’s closely contested election this month, as the anti-Ukrainian ruling Fidesz’ main challenger has also indicated reservations over key elements of assistance to Kyiv. »»»
Energy shock drives food price pressures in North Macedonia
The global oil shock triggered by escalating tensions in the Middle East, including the US strikes on Iran, is raising fears of a new inflationary wave — and in North Macedonia, the early signs are already visible, though not always in expected ways. »»»
Energy shocks drive fertiliser costs higher, as Jordan seen as stabilising supplier
AMMAN — Rising global energy prices and supply disruptions are driving up fertiliser costs, with direct implications for farmers in Jordan and food prices more broadly.While natural gas is widely associated with heating and electricity, it is also a critical input in the production of fertilisers u»»»
Train driver killed, two critically injured as TGV train collides with truck in north of France
The driver of a high-speed TGV train was killed and 13 people were injured on Tuesday morning when the train collided with a truck in the Pas-de-Calais region. A French high-speed train crashed into a truck at a crossing in northern France on Tuesday, killing the driver of the TGV and critically in»»»
'I'm innocent': Former president Sarkozy challenges conviction over alleged Libya funding
Former French president Nicolas Sarkozy protested his innocence at an appeals trial on Tuesday for illegally accepting financing from Libya's former leader Muammar Gaddafi for his 2007 election campaign. In September 2025, the initial case saw Sarkozy become modern France's first president to have »»»
JD Vance accuses Brussels of foreign election interference ahead of Hungary’s high-stakes vote
US Vice President JD Vance held a press conference in Budapest on Tuesday to back nationalist Hungarian Prime Minister Viktor Orban ahead of a closely contested parliamentary election. In Vance's speech, he slammed "bureaucrats in Brussels", accusing them of trying to destroy the Hungarian economy,»»»
Why Viktor Orban wants energy prices at the heart of Hungary’s elections
Faced with the very real prospect of defeat in Sunday’s parliamentary elections, Hungarian Prime Minister Viktor Orban has built his campaign around cheap and secure energy and outspoken opposition to EU support for Ukraine. An alleged plot to blow up a pipeline bringing Russian gas into Hungary – »»»
The Debate - Europe's future on the ballot? Hungary's Orban in tight re-election race
Is Europe’s future on the ballot in Hungary? In Budapest, the US vice president actively stumping for far-right incumbent Viktor Orban who trails in the polls ahead of Sunday’s general election. European politicians sometimes campaign for likeminded peers from neighboring nations but here, it’»»»
From investment banker to farmer: Why Dubai founder says UAE needs vertical farming now
Dubai: The UAE imports the vast majority of what it eats. And Roman Ulyanov, founder and CEO of high-end vertical farm Greeneration, believes that it is a vulnerability the country can no longer afford to ignore — and he and some other investors has spent $5 million building an alternative. Walking»»»
Borouge shareholders approve $1.32 billion FY 2025 dividend
ABU DHABI: Borouge Plc confirms shareholder approval at its 7th April General Assembly Meeting of a final 2025 dividend of $1.32 billion, reflecting the Company’s strong operational performance and record sales. The final shareholder-approved dividend payment for 2025 amounts to $658 million (8.1 f»»»
Poland responsible for 38% of investment real estate in CEE in ‘25
Investment real estate transactions in Central and Eastern Europe reached EUR 11.8 bln in 2025, up 34% y/y and the highest level since 2019. Poland accounted for 38% of the volume, the Czech Republic nearly 36%, and Slovakia about 9%, with liquidity improving strongly in Q4. Three structural shifts»»»
We will not let others decide our fate, PM tells Hungarian-American Friendship Day rally
At the Hungarian-American Friendship Day rally at the MTK Stadium, joined by U.S. Vice President JD Vance and, briefly by phone, President Donald Trump, Prime Minister Viktor Orbán cast the coming vote as a historic choice between national sovereignty and submission to foreign pressure. Opening his»»»
Bill Gates to testify in front of US House panel on Jeffrey Epstein
Billionaire Bill Gates is to testify on June 10 before a congressional committee investigating the late convicted sex offender Jeffrey Epstein and his accomplice Ghislaine Maxwell, a source close to the matter told AFP on Tuesday. Get updated faster and for FREE: Download the Gulf News app now - si»»»
German ‘militaristic frenzy’ could end in tragedy – Russian Foreign Ministry
Germany’s continued military buildup could lead to another tragedy on a global scale, Russian Foreign Ministry spokeswoman Maria Zakharova has warned. Last week, German media reported that male citizens who remain abroad for more than three months without prior approval could face penalties in line»»»
Why Iran is becoming Trump’s ‘forever war’
More than a month into the war with Iran, Washington is confronting the strategic nightmare it tried to avoid. What began as a campaign that many in the US and Israel appear to have imagined as short, punishing, and politically manageable has instead become prolonged, expensive, globally destabiliz»»»
JD Vance visits Hungary ahead of Sunday's elections - UPI.com
1 of 3 | Hungarian Prime Minister Viktor Orban welcomes Vice President JD Vance in front of his office, the former Carmelite Monastery in Budapest, Hungary, Tuesday, in this handout photo from Orban's communications team. Vance is on a two-day visit to Hungary. Photo by Akos Kaiser/EPA April 7 (UPI»»»
Vucic: Individual who was to damage gas pipeline had rank in their country's army
BELGRADE - Serbian authorities have information that the individual who was to damage the Turkish Stream international gas pipeline near Kanjiza, northern Serbia, had a military rank in their country's army, Serbian President Aleksandar Vucic said on Tuesday. Two large packages of explosives with d»»»
Wireless Festival in UK scrapped as Kanye West barred from entering the country
Dubai: After headliner Kanye West was denied entry into the UK to headline Wireless Festival, organisers have now announced that its 2026 event will be cancelled. Get updated faster and for FREE: Download the Gulf News app now - simply click here.According to The Independent, the cancellation comes»»»
Hotel 7 Pools SPA & Apartments' Spa Centre Attracts Guests with Wide Variety of Services
The spa centre of Hotel 7 Pools SPA & Apartments attracts guests who return every year, hotel manager and co-owner Olga Vinokurova told BTA. The spa centre offers a wide variety of services – two hammams, a steam bath, a tepidarium, phyto-steam barrels, shock baths, sauna, jacuzzies, a shock bucket»»»
Exposed: Fugitive lawmaker’s $13-million ghost flood cash trail in the Philippines
Manila: Bombshell testimony in the Philippines’ ghost flood control mega-scandal has unmasked a staggering ₱802 million ($13.3 million) money trail linking a fugitive lawmaker to a shady construction firm, as prosecutors tighten the noose on corruption plaguing disaster infrastructure. Cash flood f»»»
Hungary urges end to Russian energy sanctions as energy crisis builds
Hungary has called for the lifting of sanctions on Russian oil and gas imports, as Prime Minister Viktor Orban warned that Europe faces a potential energy crisis and ordered military protection for a key pipeline following an alleged sabotage attempt. »»»
Hungary urges end to Russian energy sanctions as energy crisis builds
Hungary has called for the lifting of sanctions on Russian oil and gas imports, as Prime Minister Viktor Orban warned that Europe faces a potential energy crisis and ordered military protection for a key pipeline following an alleged sabotage attempt. »»»
Hungary urges end to Russian energy sanctions as energy crisis builds
Hungary has called for the lifting of sanctions on Russian oil and gas imports, as Prime Minister Viktor Orban warned that Europe faces a potential energy crisis and ordered military protection for a key pipeline following an alleged sabotage attempt. »»»
Burjeel Day Surgery Center in Al Reem Island introduces women-centric clinics to strengthen care across life stages
On the sidelines of World Health Day, Burjeel Day Surgery Center (BDSC), Al Reem Island, has introduced two specialized clinics dedicated to women’s health, as part of its focus on strengthening care for women across all stages of life through structured and stage-specific care. BDSC, a unit of Bur»»»
Can small nuclear reactors solve EU's energy woes?
BusinessEuropeCan small nuclear reactors solve EU's energy woes?Srinivas MazumdaruSupporters say modular reactors are key to meeting energy goals, but critics say they're a costly distraction. https://p.dw.com/p/5BVFMSMRs produce less than 300 MW of electricity — roughly a third of the output of co»»»
Cognizant Romania earns Great Place To Work global certification
“The Great Place To Work Certification means a great deal to us precisely because it comes directly from our people. We are proud that our 2,500+ colleagues in Bucharest, Cluj-Napoca, Iași, Timișoara and Baia Mare confirm, in their own words, that Cognizant Romania is a place where it is worth work»»»
CAHM Europe makes history: Romanian company wins Green & Organic award at the “Oscars” of beauty industry
QPearl – CycleOne stood out among finalists from Germany, Spain, and Finland. The evaluation was conducted by an international panel of experts, who assessed the product in terms of innovation, sustainability, and relevance to today’s market. This achievement places Romania at the forefront of glob»»»
New China Qingdao Port to Libya route, avoiding Hormuz Straight, to reduce shipping time by up to ten days: Julyana Free Port
China has announced the launch of a new maritime shipping route from Qingdao Port, connecting it to Egypt and Libya via Port Said, then Benghazi and Misrata, offering a strategic alternative to the Strait of Hormuz. New route reduces shipping time by ten daysThis new route reducing shipping time by»»»
Energy Minister, Romanian Ambassador Discuss Energy and Transport Connectivity
Caretaker Energy Minister Traicho Traikov called for prioritizing options for reverse natural gas deliveries to Bulgaria, in view of the expected production of up to 8 billion cubic meters annually from the Black Sea, at a meeting with Romania’s Ambassador to Bulgaria Brandusa Predescu. Traikov exp»»»
Türkiye Not Facing Energy Security Problem Amid War but Situation ‘Volatile’
Türkiye is not facing any problems regarding energy supply security due to the Iran war, but the situation is "volatile", Energy Minister Alparslan Bayraktar was quoted as saying by Turkish media on Tuesday. "We hope the war will not last any longer. But the process is currently under our control,»»»
Doctors warn that Israel is targeting Lebanon's health care system, as it did in Gaza
Two years ago, Dr. Mohammed Ziara watched Israel ravage Gaza's health care system, shelling hospitals, striking ambulances and forcing patients to evacuate. Now Ziara — along with many other medical workers, human rights groups and civilians — warns that the same scenario is unfolding in Lebanon. I»»»