Maersk faces prolonged route challenges
Shipping giant Maersk has indicated that it does not anticipate resuming operations in the Red Sea in the near future due to ongoing threats from [more…]
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Power struggles in Cuba, as fuel shortage sparks blackouts and economic woes
In the quaint town of Bejucal, just outside Havana, Germán Martín wrestles with the challenges of running a cafe amidst frequent blackouts. As he tries [more…]
Germany and Denmark leaders break ground on ammunition factory
In a rather unconventional move, the leaders of Germany and Denmark recently participated in a groundbreaking ceremony for a new ammunition factory, highlighting Europe’s increasing [more…]
Austria plans to cut Russian gas ties
Austria is eyeing a move to reduce its dependence on Russian gas, but the path ahead is fraught with challenges. The country’s Energy Minister, Leonore [more…]
OpenAI CEO proposes United Arab Emirates as global AI regulatory sandbox
OpenAI’s CEO Sam Altman said the United Arab Emirates could serve as the world’s “regulatory sandbox” to test artificial intelligence (AI) technologies and later spearhead [more…]
Costa Rica’s coffee industry offers new benefits
In the midst of economic, political, and climate turmoil, the Costa Rican coffee industry is undergoing significant changes. Thousands of migrant harvesters, like Juan Canda [more…]
European Commission proposes 12% increase in Schengen Visa fees
The European Commission has put forward a proposal to raise the application fees for the Schengen visa by 12%. If approved, this would see the [more…]
Commercial landlords in Shanghai urged to cut rents as businesses struggle
Amidst lackluster consumer demand and an economic slowdown, owners of commercial properties in Shanghai are feeling the heat to cut rents to support struggling restaurants [more…]
Egypt’s economic lifeline, a United Arab Emirates led venture on the Mediterranean coast
In a bid to revitalize its struggling economy, Egypt is on the brink of striking a monumental deal with the United Arab Emirates (UAE) that [more…]
Daihatsu Motor implements major changes to address certification testing fraud
In response to a scandal involving fraudulent practices in government certification testing that persisted for decades, Daihatsu Motor Co., a subsidiary of Toyota, has announced [more…]