Launching a fish farming project next October
President Abdel Fattah El-Sisi has spoken highly of the exerted efforts of Suez Canal Authority, both at the level of institutional development or expansion of the authority›s activities, as well as its contribution to community services in the canal cities. El-Sisi has stressed on, during his meet»»»
UK hard-right leader Farage faces probe over £5 million donor gift
LONDON: The British parliamentary sleaze watchdog will probe hard-right politician Nigel Farage’s non-disclosure of a £5 million gift from a billionaire donor to his party, UK media reported Wednesday. The probe comes as the parliament has tightened rules on political donations and after Farage’s a»»»
Rightwing MEPs extend NGO ‘witch hunt’ by six months, prompting outcry in EU Parliament
Rightwing forces in the European Parliament have extended by another six months a controversial scrutiny committee investigating NGOs that receive EU funds. The decision on Wednesday (13 May) prompted outrage from other political groups, including socialists, liberals, greens and leftwing lawmakers»»»
How Iran’s ‘dark fleet’ keeps oil flowing despite sanctions
Dubai: Even as Iran faces mounting pressure from a US naval blockade and intensifying scrutiny over the Strait of Hormuz, Tehran appears to be quietly sustaining its oil exports through a vast network of shadow tankers and covert ship-to-ship transfers near Malaysian waters, according to an Associa»»»
Korea Hydro & Nuclear Power partners with U.S. firm Southern Nuclear - UPI.com
Officials of Korea Hydro & Nuclear Power and Southern Nuclear Operating Co. celebrate signing a memorandum of understanding at the Korean firm's head office in South Korea on Tuesday. Photo by KHNP SEOUL, May 12 (UPI) -- Korea Hydro & Nuclear Power, or KHNP, said Tuesday it partnered with Southern »»»
U.S. President Donald Trump arrives in Beijing for meeting with President Xi Jinping - UPI.com
1 of 2 | President Donald Trump boards Marine One on the South Lawn of the White House in Washington, D.C., for Beijing, China on Tuesday. Photo by Bonnie Cash/UPI | License Photo May 13 (UPI) -- President Donald Trump arrived in Beijing on Wednesday for a two-day meeting with Chinese President Xi »»»
Samsung Fire rolls out Korea’s first autonomous vehicle insurance - UPI.com
Hyundai Motor Co.'s Level-4 autonomous car RoboRide is shown during a test-run on busy streets in southern Seoul in June 2022. File Photo by Yonhap/EPA SEOUL, May 13 (UPI) -- South Korea's Samsung Fire and Marine Insurance said Wednesday it joined a pilot initiative aimed at testing a model for aut»»»
Vazrazhdane Supports Government’s Decision to Remove Borissov’s National Protection Service Security Detail
It was about time the government took its first step in the right direction, Vazrazhdane MP Tsoncho Ganev told reporters in Parliament on Wednesday. We are pleased and welcome the decision to remove Borissov’s security detail, which is an overdue action on the part of those in power in recent years»»»
Despite Trump’s claims of a decimated Iranian military, why Tehran still threatens Hormuz shipping
Dubai: President Donald Trump said Iran’s military had been “decimated” after weeks of US-led strikes, but new intelligence assessments cited by The New York Times suggest Tehran still retains enough missile capability to threaten shipping through the Strait of Hormuz. The report said classified US»»»
Analysis Results in Decision to Remove Borissov's, Peevski's National Protection Service Security Detail – Interior Minister
Interior Minister Ivan Demerdzhiev told a press conference on Wednesday that the decision to remove GERB Chair Boyko Borissov's and Movement for Rights and Freedoms (MRF) Chair Delyan Peevski's National Service for Protection (NSP) security detail was reached, after an analysis was conducted based »»»
Russia trims growth outlook as economy skirts stagnation
Russia’s Ministry of Economic Development has delivered a notably downbeat assessment of the country’s economic trajectory on May 12, signalling that growth is likely to stall over the next two years as structural pressures intensify and policy room narrows. »»»
Russia trims growth outlook as economy skirts stagnation
Russia’s Ministry of Economic Development has delivered a notably downbeat assessment of the country’s economic trajectory on May 12, signalling that growth is likely to stall over the next two years as structural pressures intensify and policy room narrows. »»»
Bulgaria's Maritime Science Community Could Gain New Research Vessel, Says Head of Naval Academy
Bulgaria's maritime science community may soon gain a new research vessel, Rear Admiral Prof. Kalin Kalinov, head of Nikola Vaptsarov Naval Academy, announced during a scientific conference celebrating the academy's 145th anniversary in Varna, on the Black Sea, on Wednesday. Kalinov said the Mariti»»»
Interior Minister Announces Large-Scale Nationwide Police Operation in Several Areas
A large-scale specialized police operation began across the country at 6 am on Wednesday, Interior Minister Ivan Demerdzhiev announced at a briefing at the Council of Ministers following the Government 's weekly meeting here. Several areas will be targeted during the operation, including economic c»»»
Lom Residents Demand Mayor's Resignation after Vote-Buying Charges
Residents of Lom protested Wednesday in front of the local municipality building demanding the resignation of Mayor Tsvetan Petrov after the Appellate Prosecution Office in Sofia Tuesday announced that charges had been brought against Petrov for vote buying at the last parliamentary election in Apr»»»
Skopje Summons Bulgarian Ambassador Over Use of “North Macedonian” Term
The Ministry of Foreign Affairs and Foreign Trade in Skopje has summoned Bulgarian Ambassador Zhelyazko Radukov, issuing an oral protest over the use of the term “North Macedonian” by Bulgaria’s Foreign Minister Velislava Petrova-Chamova during a recent EU-level meeting, according to media reports »»»
Poland’s Niewiadów PGM seeks to build European defence champion with new capital raise
Niewiadów Polska Grupa Militarna (NPGM), a manufacturer of weapons and military equipment, on May 12 kicked off efforts to raise PLN200mn-220mn (€47.1mn-51.8mn) from a share issue to finance its transformation into a European defence industry player. »»»
Telekom Srbija raises €1.95bn in record CEE corporate bond sale
State-controlled Telekom Srbija said on May 12 it has raised about €1.95bn through a multi-tranche issuance of senior unsecured bonds denominated in US dollars and euros, marking one of the largest corporate debt transactions in emerging Europe. »»»
Kosovo’s annual inflation rises to 7.5% in April
Kosovo’s harmonised consumer price index (HICP) increased by 7.5% year-on-year in April (chart), accelerating inflationary pressures across several key sectors of the economy, the statistics office said on May 12. On a monthly basis, consumer prices rose by 1.1% in April compared to March. »»»
Hungary's new government formed in record time
Peter Magyar formally took office as Hungary's new prime minister on May 12 after assembling a 16-member cabinet in a record 30 days following the parliamentary election. This was the fastest government formation since the»»»
Russian budget deficit jumps to 55% of annual target in 4M26
Russia’s federal budget revenues reached RUB3.4 trillion ($37.4bn) in April, up 6% year-on-year (y/y), while expenditures rose 12% y/y to RUB4.7 trillion ($51.7bn), according to preliminary Ministry of Finance data. Notabl»»»
Soaring inflation tests Iran's ability to withstand war and US blockade
Iran's grip on the Strait of Hormuz is throttling the world's energy supplies and inflicting global economic pain, but the struggles of the Islamic Republic's own economy are testing its ability to withstand the war and defy Washington's demands. Iranians have been hit by spiraling prices for food,»»»
Moldova's separatist Transnistria faces mounting economic pressures
Authorities in Moldova’s separatist Transnistria region are facing growing financial constraints as the unrecognised administration seeks additional resources to cover pensions and public sector wages. Several days before »»»
Lom Mayor Faces Vote-Buying Charges After Alleged €50 Bribe to Secure Election Support
The mayor of Lom has been formally charged with attempted vote buying after prosecutors gathered what they describe as sufficient evidence linking him to a scheme involving cash incentives offered to municipal employees in exchange for electoral support. According to the Sofia Appellate Prosecutor’»»»
A propos - Trump 'could choose to change Taiwan policy in Beijing' unhindered by Congress, analyst says
Speaking with FRANCE 24's Sharon Gaffney, David Sacks, Fellow for Asia studies at the Council on Foreign Relations, explains that Trump "could choose to change US policy towards Taiwan and Congress only has so many things that it can do to try to rein that in". U.S. President Donald Trump and Chine»»»
ADIS 2026: Abu Dhabi unveils Dh209b infrastructure push for future smart cities
Abu Dhabi witnessed significant international momentum yesterday as the second edition of the Abu Dhabi Infrastructure Summit (ADIS 2026) officially opened at ADNEC Centre Abu Dhabi, bringing together an elite gathering of decision-makers, urban development leaders, investors, financiers, and techn»»»
PNL's Abrudean rules out PNL-PSD coalition regardless of whether PM is a technocrat
The National Liberal Party (PNL) will not be part of any government alongside the Social Democratic Party (PSD), regardless of whether the prime minister is a technocrat, Senate Chairman Mircea Abrudean said on Tuesday."Our position very clearly set. PNL will not be part of any government alongside»»»
President Dan, Moldova's Grosu discuss regional security, infrastructure projects
After a meeting on Tuesady in Bucharest with Romania's President Nicusor Dan, Chairman of Moldova's Parliament Igor Grosu announced having discussed regional security, joint infrastructure projects and economic cooperation between the two countries."In Bucharest, I also had a meeting with the Presi»»»
Acting PM Bolojan meets Israel's Deputy PM, talks focus on bilateral ties, Middle East situation
Acting Prime Minister Ilie Bolojan met on Tuesday, at Victoria Palace, with Deputy Prime Minister and Minister of Justice of the State of Israel, Yariv Levin, who is on an official visit to Romania. The talks focused on bilateral cooperation and the situation in the Middle East.According to a Gover»»»
President Dan: Nothing has changed in Romania's foreign policy over the past decades
The stronger Europe is, the stronger NATO is, President Nicusor Dan said on Tuesday at the opening of the Black Sea and Balkans Security Forum.He was asked about the difference between the terms "pro-European" and "pro-Western" in the context of the latter being used more frequently recently.The Pr»»»
DefMin Miruta: Since start of year, 14 drones have entered Romania's airspace
The Minister of National Defense, Radu Miruta stated on Tuesday that since the beginning of the year 14 drones have entered Romania's airspace and requested the positioning of military capabilities from central Europe on the Eastern Flank, in order to protect the continent."While in the middle of t»»»
Romania, included on Ukraine's new list on dual citizenship agreement
Ukraine has amended the list of countries with which it accepts dual citizenship agreements, adding 29 new states including Romania.On 8 May, the government in Kyiv adopted a "decree regarding amendments to the list of states whose citizens (subjects) acquire Ukrainian citizenship through a simplif»»»
Romania can and must become main logistical hub for Ukraine's reconstruction
Romania can and must become the main logistics hub for the reconstruction of Ukraine, said the Secretary of State in the Ministry of Transport Ionel Scriosteanu.The statements were made during the panel "Challenges and Opportunities in the Reconstruction of Ukraine: Romania's Role in this Strategic»»»
Nawrocki: Warsaw, Bucharest, the most important centres of NATO's strategic response on the eastern flank
Poland's President Karol Nawrocki said on Tuesday that Poland and Romania are the most important centres of NATO's strategic response on the eastern flank.At a joint news conference with Romania's President Nicusor Dan, at the Cotroceni Presidential Palace in Bucharest, Nawrocki underlined the impo»»»
B9 Summit/Romania's fourth time hosting Bucharest 9 Format Summit
President Nicusor Dan is hosting the 11th Summit of the Bucharest 9 (B9) Format at Cotroceni Presidential Palace on Wednesday, with the participation of the Nordic states, the U.S. and Ukraine.According to the Presidential Administration, the meeting is being held under the imperative of increased »»»
Security chief Tashiyev charged with plotting to mount coup in Kyrgyzstan
Authorities in Kyrgyzstan have charged powerful ex-national security chief Kamchybek Tashiyev with plotting to overthrow President Sadyr Japarov and seize power by force. Seven others face the same charge, but their identi»»»
Bulgarian Economists Warn: Government Price Controls Could Trigger Even Higher InflationOpinions
Economists and business representatives are warning that the government’s proposed price control measures could create more problems than they solve, arguing that increased regulation and administrative intervention may ultimately push prices even higher rather than contain inflation. The debate ce»»»
Shell Qatar and MoI mark International Workers’ Day 2026 with 470 workers
Doha, Qatar: The Shell Qatar, in collaboration with the Ministry of Interior, represented by the North Security Department, organised an awareness event for workers as part of the International Workers’ Day 2026 celebrations recently. The event witnessed participation of over 470 workers representi»»»
Panama Canal cashes in on Hormuz crisis it cannot control
The Panama Canal is making more money than at any point in its recent history, and its leadership is openly uncomfortable saying so. Revenues are up between 10 and 15% year-on-year, daily transits have hit their operational ceiling on multiple occasions, and auction prices for crossing slots have n»»»
Panama Canal cashes in on Hormuz crisis it cannot control
The Panama Canal is making more money than at any point in its recent history, and its leadership is openly uncomfortable saying so. Revenues are up between 10 and 15% year-on-year, daily transits have hit their operational ceiling on multiple occasions, and auction prices for crossing slots have n»»»
Panama Canal cashes in on Hormuz crisis it cannot control
The Panama Canal is making more money than at any point in its recent history, and its leadership is openly uncomfortable saying so. Revenues are up between 10 and 15% year-on-year, daily transits have hit their operational ceiling on multiple occasions, and auction prices for crossing slots have n»»»
Iran's vice president criticises continued internet restrictions her own government put in place
Iran's Vice President for Women and Family Affairs Zahra Behrouz-Azar has criticised her own government's continued restrictions on international internet access, arguing that a digital economy cannot operate while access to the global web remains limited, Donya-e-Eqtesad reported on May 12, c»»»
Panama Canal cashes in on Hormuz crisis it cannot control
The Panama Canal is making more money than at any point in its recent history, and its leadership is openly uncomfortable saying so. Revenues are up between 10 and 15% year-on-year, daily transits have hit their operational ceiling on multiple occasions, and auction prices for crossing slots have n»»»
Hezbollah vows retaliation after Israel issues evacuation order in Lebanon ahead of strikes
Hezbollah has vowed to retaliate against Israel after the IDF issued evacuation orders to Lebanese residents in the Tyre district south of the Litani River and confirmed that IDF ground forces have crossed the river line. »»»
PANNIER: New political party gets nod in Kazakhstan. It’s pro-presidential. No surprises there
With elections to Kazakhstan’s restructured parliament about three months away, a new political party has just entered the contest. Not surprisingly, it is a pro-presidential party. »»»
Hezbollah vows retaliation after Israel issues evacuation order in Lebanon ahead of strikes
Hezbollah has vowed to retaliate against Israel after the IDF issued evacuation orders to Lebanese residents in the Tyre district south of the Litani River and confirmed that IDF ground forces have crossed the river line. »»»
Romania’s trade deficit narrows 9.3% to €7.7bn in Q1
Romania’s trade deficit (chart) narrowed for the fourth consecutive quarter in the first three months of 2026, declining by 9.3% year-on-year to €7.7bn, according to data published by the statistics office INS. Based on th»»»
Fuel and food prices push Moldova’s inflation up 1pp to 6.8% y/y in April
Sharp increases in fuel and vegetable prices pushed Moldova’s annual inflation rate (chart) to 6.8% in April from 5.8% in March, according to data published by the statistics bureau BNS. The acceleration in inflation suppo»»»
Zelenskiy's former press secretary makes sweeping allegations in Tucker Carlson interview
Iuliia Mendel, who served as press secretary to Ukrainian President Volodymyr Zelenskiy from June 2019 to July 2021, gave a sweeping and damaging interview to American commentator Tucker Carlson on May 11, making a series of allegations about her former boss ranging from drug use and media suppress»»»