The Fiscal Council has assessed that a 25% surge in global oil prices would constitute a moderate external shock for Bulgaria, primarily impacting the economy through higher energy import costs, rising inflation, and a potential slowdown in external demand. In its 2026 fiscal outlook simulation, th»»»

Reports say Cuba obtains billions of dollars a year through exporting professional services, including health specialists. File Photo by Ernesto Mastrascusa/EPA March 12 (UPI) -- Several countries in Latin America and the Caribbean have begun to end or review medical cooperation agreements with Cub»»»

Lolade Adewuyi | Sandra QuialaThe war in Iran is pushing global oil prices higher. But could Nigeria’s massive Dangote refinery and Angola’s stable oil output help cushion the blow for Africa? https://p.dw.com/p/5ABN3AdvertisementThe US-Israel war in Iran has already driven global oil prices up by »»»

Bishkek ranked first in the World Air Quality ranking of the world’s largest cities by air quality as of 1:45 p.m. The city was rated as «unhealthy.» According to the website, the air quality index (AQI) is 190. Information is available in real time. The Air Quality Index (AQI) is divided into six »»»

Oil prices climbed back above $100 per barrel Thursday after attacks on commercial shipping in the Persian Gulf. This photo, taken March 10, shows a motorist refueling a car in London. Photo by Neil Hall/EPA March 12 (UPI) -- Oil prices climbed back above $100 per barrel Thursday after attacks on c»»»

The Organization of Petroleum Exporting Countries (OPEC) has maintained, for the seventh consecutive month, its 2026-2027 global oil demand growth projections unchanged. OPEC kept its forecast for global oil demand growth at 1.38 million bpd for 2026 and at 1.3 million bpd for 2027. The Iran war ha»»»

A 34-year-old man faces charges of online slander over a video posted on social media that allegedly targeted Health Minister Adonis Georgiadis. A police statement Thursday said that, following a complaint over the post, the suspect was identified by the cybercrime squad as the administrator of the»»»

On March 13 from 10 a.m. to 11 a.m., activists Tolekan Ismailova and Bermet Borubaeva will organize a peaceful rally near the entrance to the building of Pervomaisky District Administration in Bishkek. The event will focus on protecting the fundamental right of citizens to freedom of peaceful assem»»»

Dubai: With airspace disruptions and heightened geopolitical tensions affecting parts of West Asia, travel insurance is back in the spotlight for UAE travellers. Stay updated: Get the latest faster by downloading the Gulf News app - it's completely free. Click here for Apple or here for Android. Yo»»»

Dubai: Dubai’s property market recorded a major transaction on Thursday with the sale of a luxury villa on the World Islands for Dh220 million, highlighting strong demand and sustained momentum in the emirate’s real estate sector. Sign up for our daily business newsletter, Cheques & Balances.Accord»»»

Dubai: The UAE Public Prosecution has identified misleading and unlawful content circulating on social media platforms, including videos and scenes that occurred outside the country but were falsely attributed to the UAE, a senior prosecutor said. Khalid Al Madhani, Attorney General of the Federal »»»

The US has launched a new investigation into some of its biggest trading partners after the Supreme Court struck down a key part of President Donald Trump's tariffs policies last month. On Wednesday, US Trade Representative Jamieson Greer said the Section 301 unfair trade practices probe could lead»»»

The head chef of Noma, one of the highest-rated restaurants in the world, has resigned amid allegations of abuse. René Redzepi announced his exit on social media, saying: "After more than two decades of building and leading this restaurant, I've decided to step away and allow our extraordinary lead»»»

An outbreak of bird flu has been detected at a duck farm in the village of Kasnakovo near Dimitrovgrad, Georgi Iliev, Director of the Regional Food Safety Directorate in Haskovo, told the Bulgarian News Agency. The farm raises around 30,000 Mulards. It is a subsidiary of а poultry farm near the vil»»»

Dubai: Kerala child actor Hari Murali was found dead at his residence in Kerala. He was 27, according to a report on Manorama Online. The cause of his death hasn't been confirmed by his family. Hari Murali was the son of Payyannur Murali, who had been active in theatre circles for around three deca»»»

Video game addiction has become increasingly common among youngsters, and many parents are understandably worried. Hours can disappear while levelling up characters, completing quests, and unlocking rewards. Gaming is deeply engaging, but when it begins to overshadow studies, work, and relationship»»»

An Israeli strike on central Beirut's seafront killed at least seven people early on Thursday, another attack in the heart of the capital as Hezbollah launched more missiles at Israel. The Israeli military said separately it had carried out strikes on Beirut's southern suburbs overnight, after Hezb»»»

The Cluj-based companies Winners Holding Investments and Finas Group, active investors in the development of renewable energy projects, signed on Wednesday, March 11, 2026, a Memorandum of Understanding (MoU) with Sieyuan Electric Co., Ltd. (China), one of the international suppliers of electrical »»»

An article published by Princeton University and analyses carried out by several energy publications show that, internationally, operation and maintenance costs generally represent between 1% and 4% of the construction costs of energy projects. In Romania, however, the level of investment at this s»»»

The number of domestic and small industrial prosumers in Romania has exceeded 300,000, and the dynamics of this phenomenon have been spectacular, stimulated by existing support schemes but also limited by their termination, according to a study conducted by AFEER and coordinated by Viorel Pintea, S»»»

Fleet electrification represents a significant economic and climate opportunity for Europe, according to the EY and Eurelectric report: Fleet Forward: powering the transition to electric mobility. The report shows that the transition of Europe’s fleets could generate cumulative operational cost sav»»»

A report published by Energynomics on the photovoltaic projects market in Romania shows that solar capacity development is significant on paper, but most projects are still in the early stages, while the transition to actual electricity production remains ...»»»

One of the companies in Paval Holding (the owner of Dedeman Romanian DIY brand), Grunman Energy, will invest 2 million euros in a state-of-the-art solar power plant supported by photovoltaic panels, reports Profit.ro. The photovoltaic ...»»»

The European Commission (EC) has approved a EUR 150 million (RON 764 million) Romanian scheme to support electricity storage, in line with the objectives of the Clean Industrial Deal, the EC reported in a press statement on Friday.This measure will contribute to the transition towards a net-zero ec»»»

Recent increases in gas prices on the European TTF hub in Amsterdam highlight the vulnerability of Eastern European economies to external shocks and bring back into focus the need to diversify supply sources, including through the development of the Vertical Corridor, shows an analysis by consultan»»»

Nuclear energy is one of the few sources capable of covering the clean energy deficit, and Romania has the best-performing nuclear reactors in the world in the scoreboard of the International Atomic Energy Agency. Over the next ten years, the country will almost triple its production capacity, acco»»»

Tunis, March 12 (TAP) - Thursday's weather was locally misty early morning and will sometimes be heavily cloudy in the southeast, with rain affecting the north and locally the centre in the afternoon, according to forecasts by the National Institute...»»»

Bulgaria has raised its air defense to combat readiness despite the overall threat level being assessed as low. The decision followed a missile launch by Iran targeting Turkey, prompting the Bulgarian military to increase the preparedness of its units. As part of the heightened alert, personnel are»»»

In response to comments by MRF - New Beginning leader Delyan Peevski regarding the city’s plans to acquire state-owned properties, Sofia Mayor Vasil Terziev said the capital needs kindergartens, cultural spaces, and parks, not empty, dilapidated buildings. Earlier in the day, MRF - New Beginning sa»»»

While attention has focused on oil and LNG tankers blocked in the Strait of Hormuz, the war in Iran is creating a quieter but equally alarming threat: disruptions to global fertilizer shipments and food imports. The Gulf states, including the UAE, Qatar, Kuwait, Oman, Bahrain, and Saudi Arabia, rel»»»

Sydney, Australia: Australia will adjust fuel quality standards to allow higher sulfur levels for around two months in a move that will release 100 million litres into the domestic supply, officials said Thursday. The country -- reliant on oil imports for fuel -- has seen petrol prices spike since »»»

Acting Defense Minister Atanas Zapryanov announced that the Patriot air defense system provided by Greece is already on duty and that Bulgaria currently has full air defense coverage. Speaking to journalists in the National Assembly, he said the system began operating roughly 16 hours after Greece »»»

Norway police on Wednesday said they had arrested three brothers suspected of a "terrorist bombing" outside the US Embassy in Oslo that caused minor damage but no injuries, as investigators probed possible motives including links to Iran. Norwegian police said Wednesday that three brothers had been»»»

Doha, Qatar: Oil soared above $100 and stocks sank Thursday as Iran's fresh attempts to hit supplies in the Middle East and threats to bring down the global economy overshadowed a record release of strategic crude by the International Energy Agency, reported AFP. It stated that the IEA said Wednesd»»»

WASHINGTON: The Iran war quickly tested America's ability to combat the swarms of cheap drones that have become a staple of the modern battlefield after Ukraine and Russia demonstrated how effective they could be. The Islamic Republic launched so many drones across the region at once that some slip»»»

By Mark Mazzetti, Tyler Pager, Edward Wong On Feb. 18, as President Trump weighed whether to launch military attacks on Iran, Chris Wright, the energy secretary, told an interviewer he was not concerned that the looming war might disrupt oil supplies in the Middle East and wreak havoc in energy mar»»»

Women's fiscal contribution to the Romanian economy reached 509 billion lei between 2022 and 2024, the equivalent of 24.8% of the Gross Domestic Product (GDP), according to the data included in the 2026 Women's Entrepreneurship and Leadership Index, presented on Wednesday by President of the Europe»»»

55.7 percent of Romanians believe that the Social Democratic Party (PSD) should leave the Government, while 37.3 percent think the party should remain in Government, according to a survey conducted by INSCOP Research between 2 and 6 March 2026. A further 7 percent of respondents said they did not k»»»

Investment opportunities in the food production sector in Romania, as well as the promotion of Romanian producers on European markets, were the topics discussed on Tuesday, at the Victoria Palace, by Prime Minister Ilie Bolojan and Schwarz Group CEO Gerd Chrzanowski.According to a Government press »»»

Consumption is a key indicator of economic dynamics, and a decline of over 25% shows that companies are facing a slowdown in demand, with effects on investment, development plans, and the labour market, says Florin Jianu, president of IMM (SME) Romania.'Consumption is an essential indicator for the»»»

The increase in gasoline and diesel prices propagates to the costs of transport, agriculture, construction and trade, amplifying inflationary pressures on the economy and household budgets, says Chairman of the Smart Energy Association (AEI), Dumitru Chisalita, in an analysis on the impact of the i»»»

Romania could mobilise between 60 billion and 70 billion euros in the economy in the next European financial framework if EU funds are used to attract private investment, the Minister of Investments and European Projects, Dragos Pislaru, told a specialist conference.According to him, changing the f»»»

The Parliament of the Republic of Moldova will host a joint meeting on Friday between the European Integration Committee of the Parliament of the Republic of Moldova and the European Affairs Committees of the Romanian Senate and Chamber of Deputies, Moldpres reported on Wednesday. The Romanian Sena»»»

The defense industry should be mentioned by law as a strategic industry in the national security decision making chain, said Nicoleta Pauliuc, the president of the Commission for Defese, Public Order and National Security in the Senate, at a debate on Tuesday. According to her, a meeting between Pa»»»

Parliament approved on Wednesday President Nicusor Dan's letter on the temporary deployment of U.S. military equipment and forces in Romania.Senators and deputies voted on the letter from the President of Romania regarding the approval by the Romanian Parliament, pursuant to art.4 paragraph (2) of »»»

Doha: The Arab Center for Educational Training for the Gulf States organised a virtual seminar on Tuesday on leadership in times of crisis, drawing wide participation from educational leaders and specialists across the Gulf Cooperation Council countries. The seminar was inaugurated by Undersecretar»»»

Doha, Qatar: The Al-Sailiya Central Market is operating smoothly with abundant supplies of agricultural produce, while authorities from the Ministry of Commerce and Industry continue to enforce strict monitoring measures to ensure price stability and full compliance with official regulations across»»»

A taxi driver, aged 55, died in the early hours of Thursday after her cab was hit by another car in the southern Athens suburb of Voula. The accident took place on the junction of Karamanli Avenue and Evelpidon Street and involved a car being driven by a 23-year-old man. Both drivers had to be extr»»»

Dubai: Operations at Jebel Ali Port remain fully functional with no infrastructure damage, although regional security developments have temporarily reduced inbound vessel traffic into the port. Sign up for our daily business newsletter, Cheques & Balances.DP World said mitigation measures are being»»»

Government employees in Dubai will observe a four-day break for Eid Al Fitr, with work set to suspend from Thursday, 19 March, according to a circular issued by the Dubai Government Human Resources Department. Related Topics:Dubai»»»