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Europe Business

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German cabinet backs major tax relief plan for 2025–2029
Germany approves 46 billion euros in tax cuts to boost investment

BERLIN, Germany: Germany has taken its first significant fiscal step to jumpstart its slowing economy. This week, the cabinet approved...

Spain's short-term rentals up 25% despite crackdown attempts
Tourist rentals soar in Spain, outpacing official clampdowns

MADRID, Spain: Spain's push to curb short-term tourist rentals is being outpaced by the market's explosive growth, new data shows —...

Man dead, girl injured at Carlow supermarket shooting in Ireland
Shooting incident leaves one dead at Tesco supermarket in Ireland

DUBLIN, Ireland: A man has died and a young girl was hurt after a shooting at a Tesco supermarket in Carlow town. The shooting happened...

Israeli cabinet minister tells banks to ignore EU sanctions
Israeli cabinet minister tells banks to ignore EU sanctions

Bezalel Smotrich has said financial institutions in the country should take measured risks in servicing settlers targeted by Brussels...

World Insights: Merz's Washington visit sidesteps transatlantic rifts
World Insights: Merz's Washington visit sidesteps transatlantic rifts

Despite an atmosphere of unity, solutions to the differences between the two sides over the Ukraine crisis, defense spending and trade...

Interview: Global trade should not be dominated by a single power, says economist
Interview: Global trade should not be dominated by a single power, says economist

Gavran Igor, an economic analyst from Bosnia and Herzegovina (BiH), characterized the U.S. tariff policy as a form of economic bullying...

International

Section
German cabinet backs major tax relief plan for 2025–2029
Germany approves 46 billion euros in tax cuts to boost investment

BERLIN, Germany: Germany has taken its first significant fiscal step to jumpstart its slowing economy. This week, the cabinet approved...

Security forces clash with insurgents in North Waziristan
Pakistan army kills 14 militants in northwest Waziristan raid

ISLAMABAD, Pakistan: Pakistan's army said on June 4 that its security forces raided a militant hideout and killed 14 insurgents during...

Latvia, Liberia, Colombia win seats on UN Security Council
Five nations elected to UN Security Council, Latvia joins first time

NEW YORK CITY, New York: The United Nations General Assembly has elected five countries to join the Security Council starting January...

Lee Jae-myung becomes president after South Korea’s political crisis
What can South Korea and world expect in Lee's presidency?

SEOUL, South Korea: South Korea's new president, liberal Lee Jae-myung, took office on June 4 after a dramatic and chaotic few months....

Britain outlaws single-use vapes over health and litter fears
UK bans disposable vapes to fight youth use and plastic waste

LONDON, UK: As of this month, it's officially illegal to buy disposable vapes anywhere in the United Kingdom. The new ban, aimed...

Policy debates in South Korean election drowned by personal attacks
South Korea's election turns nasty amid scandals

SEOUL, South Korea: South Korea's upcoming presidential election has turned into a messy battle full of personal insults and scandals...

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