Iranian President Pezeshkian, sidelined by IRGC, submits a resignation letter to Khamenei: Report
Reports indicate that Iranian President Masoud Pezeshkian has formally submitted a resignation letter to the office of Supreme Leader Mojtaba Khamenei, according to Iran International. The report, which cites a source familiar with the matter, says Pezeshkian argued that Iran’s elected government h»»»
Austria arrests six suspects linked to Daesh network
VIENNA: Austrian security forces have arrested six individuals accused of membership in the Daesh terrorist organisation, distributing extremist propaganda, inciting terrorist acts, and concealing terrorism-related activities. The coordinated operation involved raids on 14 properties across all nin»»»
India's depreciating currency a symptom of structural problems for New Delhi
The Indian rupee lost nearly 11% of its value against the US dollar y/y between May 2025 and May 2026, a slide that makes it the worst performing currency in the world against the greenback when looked at from a one, five or ten year horizon. According to reference rate-FBIL data from India’s »»»
Business over principles: Irelands aluminium business with Russia is flourishing
More than 80% of Irish-made alumina was exported to Russia in the first quarter of 2026, the highest proportion since Russia's full-scale invasion of Ukraine in 2022, the Irish Times reported on May 30. The exports directly contradicted the Irish government's claim that the plant primarily serves E»»»
Russia's Dmitriev says Europe needs Russia to survive
Europe needs Russia to survive amid an energy crisis, Kirill Dmitriev, the Russian president's special representative for investment and economic cooperation with foreign countries and head of the Russian Direct Investment Fund (RDIF), said, Komsomolskaya Pravda reported on May 31. His remarks foll»»»
Smaller apartments selling very well
Victoria Dom sold 1,365 apartments in 2025, up 35% y/y, outperforming the broader developer sector, which grew by 7%. The company said compact apartments remain highly popular, especially among first-time buyers. In 2025, it recognized 1,275 units in revenue and completed 14 projects in Warsaw, Kra»»»
Donnersmarck Palace in Silesia being rebuilt
Work on restoring the Donnersmarck Palace in Siemianowice Śląskie is moving ahead quickly. Arche Group bought the historic complex in 2024 for PLN 13.84 mln and is carrying out one of the region’s largest and most demanding conservation projects. By May 2026, key structural work had been completed,»»»
Business angels under pressure from tax authorities
StarsUp, an initiative created by entrepreneurs and angel investors, wants investing in innovative start-ups to become as tax-attractive as investing in real estate. Its roadmap proposes legal reforms to remove systemic barriers and increase the number of business angels in Poland from about 2,000 »»»
Scanway growing despite losses, preparing more contracts
Scanway, a Polish space-technology exporter listed on the Warsaw Stock Exchange, increased its Q1 net loss to PLN 4.1 mln from PLN 1.2 mln a year earlier, mainly due to investment in production facilities, a new lab, a clean room, equipment, materials, and staff. Revenue rose 29% y/y to about PLN 3»»»
Leasing industry: Brussels' push for EVs will cause a huge problem in Poland
The Polish leasing industry is warning that EU plans to “green” corporate fleets could hurt not only leasing companies, but also millions of businesses using combustion-engine cars. Monika Constant, head of the Polish Leasing Association, says the proposed rules are too strict and could destabilize»»»
PLDCA: energy is Poland’s Achilles heel, but can be an asset
Poland lacks the computing power needed to develop its digital economy, but it still has a chance to catch up in the European data-center market. Krystian Pypłacz of the Polish Data Center Association says Poland is currently in Europe’s “second league,” while hubs such as Frankfurt, London, Amster»»»
Estonian slackliner goes between PKiN and Varso Tower
Estonian slackliner Jaan Roose completed a spectacular walk on a two-centimeter-wide line suspended 180 meters above Warsaw, between the Palace of Culture and Science and Varso Tower. He covered about 500 meters in one of the most eye-catching events ever held in the city center. The stunt was part»»»
Tbilisi counts the cost of Trump Tower
On the old Soviet hippodrome on the edge of central Tbilisi, elderly residents still gather in the mornings among the wild grass and trees. Sofo, 80, has lived in the district since her student days, fifty years ago, and has walked here almost daily for the last twenty. She points to newer apartmen»»»
Sahra Wagenknecht blasts Friedrich Merz’s Russia policy
Germany’s policy on Russia is riddled with contradictions, veteran German politician Sahra Wagenknecht has argued, accusing Berlin of punishing Moscow over alleged violations of international law while excusing similar accusations leveled against the US and damaging its own economy in the process. »»»
Nicaraguan indigenous leader dies after three years in prison
Nicaraguan indigenous leader dies after three years in prison 6 minutes agoShareSaveAdd as preferred on GoogleAleks Phillips ReutersBrooklyn Rivera (right), pictured in 1988, led an indigenous militia against the Sandinista revolution in Nicaragua A leading Nicaraguan indigenous leader has died aft»»»
TAP Exclusive: President Kais Saïed in Ariana vows to meet Tunisians’ expectations
Tunis, May 31 (TAP) - President of Kaïs Saïed visited the governorate of Ariana Governorate on Sunday evening in an unannounced visit, during which he met with a number of citizens in different areas of the governorate and listened to their...»»»
What to know as Israeli forces’ historic Lebanon incursion complicates an Iran deal
TEL AVIV, Israel: Israeli forces are making their deepest incursion inside Lebanon since they withdrew from the country over a quarter-century ago, despite a nominal US-brokered ceasefire and the first direct talks between the countries in decades. The Israeli advance presents a challenge in the em»»»
Wholesale price index up 1.13% in Q1 2026 — DoS
AMMAN — The Department of Statistics (DoS) reported a 1.13 per cent increase in the general wholesale price index in the first quarter of 2026 compared with the same period in 2025, reflecting a modest annual rise in wholesale prices across key commodity groups.According to a DoS report, the index »»»
Hassan announces measures to boost industrial growth, accelerate investment in Maan
- Rawda Industrial Zone to receive incentives under new government plan- Incentives will remain in place until zone is connected to Arab Gas Pipeline- PM calls for fast-tracking Aqaba–Maan Land Port ProjectAMMAN — Prime Minister Jafar Hassan announced new incentives for the Rawda Industrial Area, m»»»
Value of national exports rises by 1.6% in Q1 2026 — DoS
AMMAN — The Department of Statistics (DoS) on Sunday issued its monthly report on foreign trade, indicating a 1.6 per cent increase in the value of domestic exports during the first quarter of 2026, reaching JD2,129 million.The report cited that the value of re-exports decreased by 7.1 per cent to »»»
Building permits increased by 20% in Q1 2026 — DoS
AMMAN — The total number of building permits issued in the Kingdom reached 6,240 during the first quarter of 2026, up from 5,202 in the same period of 2025, marking an increase of 20 per cent, according to the Department of Statistics’ (DoS) monthly report issued on Sunday.The report showed that th»»»
Washington paper facility implosion death toll confirmed 11 - UPI.com
An implosion at a Washington State paper facility killed 11 people and injured several others. Photo courtesy Longview Fire Department/Facebook May 31 (UPI) -- Authorities have identified 11 people killed in an implosion at a paper manufacturing facility in Washington last week. The Longview Fire D»»»
How to handle armed groups? Colombians vote in presidential election
Colombians are heading to the polls Sunday. With current president Gustavo Petro stepping down, the search for his successor is seen as a referendum on his leftist social policies and response to growing violence in the country. Left-wing candidate Ivan Cepeda, who says he will continue pursuing pe»»»
Spotlight - Colombia's election: Meeting the Presidential contenders
The Economist’s Kinley Salmon on his encounters with the candidates France 24’s Gavin Lee speaks to Economist’s Latin America Correspondent Kinley Salmon about what’s at stake for Colombia, whether a hard right populist who calls himself “The Tiger” could become President and why security is still »»»
Israeli forces capture historic castle in deepest Lebanese incursion in 26 years
Israeli Prime Minister Benjamin Netanyahu said on Sunday he had ordered troops to move further into Lebanon in the battle against the Iran-backed Hezbollah militant group as Israeli troops captured and planted their flag on a strategic mountain topped with the Crusader-built Beaufort castle. Israel»»»
PM, Kuwait's FM discuss de-escalation efforts
QNADoha Prime Minister and Minister of Foreign Affairs HE Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani received a phone call from Minister of Foreign Affairs of the State of Kuwait HE Sheikh Jarrah Jaber Al Ahmad Al Sabah. During the call, they discussed bilateral cooperation relations and w»»»
Aspire Dome to host four-round 2026 track race series in June
Aspire Dome is hosting a new iteration of the 2026 Track Races, organised by the Qatar Sports for All Federation (QSFA) under the Ministry of Sports and Youth, in June 2026. The highly anticipated races include four rounds that will be staged inside the Dome, allowing the participation of all age g»»»
Dublin demands justice for Congolese man dead after being restrained by security guards
It's been two weeks since a Congolese man died in Dublin after being restrained by security guards and protestors are still taking to the street. They want to see an independent and transparent probe into the death of Yves Sakila - with many viewing the incident as racially charged. Details by Eliz»»»
The week in pictures: Europe's shock early heatwave, French Open battles and the Blue Origin blast
Former title holders crashed out at Paris's Roland-Garros tennis stadium and PSG faced off with Arsenal in Budapest to win their second Champions League final in a row as a heatwave shattered European temperature records for the month of May: FRANCE 24 looks back at some of the week's most striking»»»
Colombia chooses president amid surge in guerrilla violence
BOGOTA: Colombians voted Sunday in a presidential election that could shift the country’s response to rising guerrilla violence, choosing between extending spluttering peace talks or turning to a hard-right military crackdown. Pre-election polls showed left-wing senator Ivan Cepeda leading, but fac»»»
Drone strikes kill 67 in Sudan’s Kordofan
KHARTOUM: Nearly 70 people were killed in Sudan’s Kordofan region in two recent drone attacks, a rights group and a local leader reported on Sunday. The Emergency Lawyers, a group that documents abuses in Sudan’s long-running war, said that 10 people — eight children and two women — were killed in »»»
Turkiye writers denounce ‘undemocratic’ court move against opposition
ANKARA: More than 250 Turkish writers have signed a joint statement condemning what they described as “undemocratic practices” after a court overturned the main opposition party’s 2023 primary, removing its elected leader. The Republican People’s Party (CHP) has been thrown into turmoil since a May»»»
Israel’s southern Lebanon offensive causes serious concern, Germany says
VIENNA: The Israeli army’s push further into southern Lebanon is cause for serious concern, German Foreign Minister Johann Wadephul said in a statement on Sunday, urging all sides to cease hostilities. “The Israeli army’s advance further into southern Lebanon is cause for serious conc»»»
Niemann beats Gooch to win LIV Golf Korea championship
BUSAN: Chile’s Joaquin Niemann outlasted American Talor Gooch in a playoff to win LIV Golf Korea on Sunday, as Bryson DeChambeau fell just short with a final-day charge. Niemann birdied the par-4 first extra hole at Asiad Country Club in Busan after a sublime approach shot to claim his first win of»»»
Europe losing foreign investment as Poland attracts more
Europe is facing growing difficulties in attracting foreign investment, but Poland is a notable exception. According to EY’s European Attractiveness Survey 2025, foreign direct investment (FDI) projects across Europe fell by 7% to 5,026, while Poland recorded a 10% increase, reaching 285 projects. »»»
Maciej Witucki: We must restore the faith of Europeans in Europe
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Water scarcity affecting economy, agriculture, infrastructure and causing fire threat
Poland urgently needs a national water security strategy, as water shortages are increasingly affecting the economy, agriculture, infrastructure, and fire risks. According to the Federation of Polish Entrepreneurs, Poland has only about 1,600 cubic meters of water per person annually, far below the»»»
May inflation data contains surprise deflation
May inflation data came as a major positive surprise. Instead of accelerating, price growth slowed, and Poland even recorded monthly deflation in May. Annual inflation was 3.1%, below economists’ forecasts of 3.5–3.6%, while prices fell 0.3% m/m. The main reason was an unexpected 1% drop in food pr»»»
Vigo Photonics had net loss of PLN 0.77 mln in Q1 ‘26
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UAE condemns settlers' storming of Al Aqsa Mosque, Israeli flag raising, calls for respect of holy sites
The UAE has strongly condemned the storming of the Al Aqsa Mosque compound by Israeli settlers and the raising of the Israeli flag within its courtyards. In a statement, the Ministry of Foreign Affairs denounced the storming of Al Aqsa Mosque by settlers under the protection of Israeli police, desc»»»
What We Are Reading Today: ‘Think Again’ by John Kaag
“Think Again” is a personal and cutting-edge introduction to philosophy by award-winning teacher and renowned public philosopher John Kaag. The book encourages students to relate to their own lives the important questions raised by philosophy over the millennia. Motivated by the belief that teachin»»»
Two decades later, impacts from Indonesia mud volcano linger
SIDOARJO: Harwati clasped her hands and offered a prayer on the edge of a sludge lake on the Indonesian island of Java, as dozen of residents gathered to mark two decades since mud volcano eruptions began displacing thousands. On May 29, 2006, the earth in the Sidoarjo district of East Java provinc»»»
Prime Minister receives phone call from Kuwaiti Foreign Minister
Doha: Prime Minister and Minister of Foreign Affairs HE Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani received a phone call from Minister of Foreign Affairs of the State of Kuwait HE Sheikh Jarrah Jaber Al Ahmad Al Sabah. During the call, they discussed bilateral cooperation relations and way»»»
UAE and Serbian Presidents discuss ties
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received a phone call today from Aleksandar Vučić, President of the Republic of Serbia, during which they discussed opportunities to strengthen cooperation between the two countries across a number of priority sectors, including the econ»»»
Bahrain detains 41 suspects over alleged IRGC links in major terrorism probe
Dubai: Bahrain’s Public Prosecution has ordered the detention of 41 suspects accused of belonging to a network linked to Iran’s Islamic Revolutionary Guard Corps (IRGC), in one of the Kingdom’s largest recent terrorism-related investigations. Prosecutors said the suspects were questioned and remand»»»
Egypt condemns Israeli incursion into Southern Lebanon as regional tensions escalate
Egypt on Sunday strongly condemned Israel’s expansion of ground operations in southern Lebanon, describing the Israeli army’s crossing of the Litani River and advance into areas north of the river as a “complete violation of Lebanese sovereignty” and an attempt to impose a new military reality on t»»»
Egyptian pound strengthens, gold prices fall 2.7% in May
Gold prices in Egypt fell sharply in May 2026, weighed down by a stronger Egyptian pound and weaker global bullion markets, according to the Gold and Precious Metals Division at the Federation of Egyptian Industries. Division Chairperson Ehab Wassef explained that the local market faced a dual sque»»»
Communications minister reviews Concentrix Egypt expansion plans, digital skills cooperation
Egypt’s Minister of Communications and Information Technology, Raafat Hindi, held talks with Amr Sobhy, Chairperson of Concentrix Egypt, to discuss the company’s expansion plans in the Egyptian market, efforts to create new employment opportunities, and prospects for strengthening cooperation in di»»»
FRA cuts MCDR fees to boost digital real estate investment platforms
Egypt’s Financial Regulatory Authority (FRA) has issued a new decision reducing the fees charged by Misr for Central Clearing, Depository and Registry (MCDR) for all participants operating within digital platforms dedicated to investment in real estate investment fund certificates. The move is part»»»
Egypt allocates EGP 90bn in new budget to boost production, exports and entrepreneurship
Egypt’s Finance Minister Ahmed Kouchouk announced that EGP 90bn has been earmarked in the 2026/2027 fiscal year budget to expand programmes supporting production, exports, and entrepreneurship. Kouchouk said the allocations include EGP 48bn for export rebate payments and EGP 7bn to support the tour»»»