Munich's ifo warns that US tariff hikes on EU cars and potential retaliatory duties could push Germany into recession by 2026, escalating trade tensions amid political disputes.
The US plans to withdraw 5,000 troops from Germany within a year amid strategic reassessment, impacting defense sector and transatlantic relations.
Russian forces launched coordinated Shahed drone strikes across multiple Ukrainian regions, targeting energy and port infrastructure amid ongoing air defense operations.
The US warns European allies of major delays in arms deliveries due to urgent replenishment needs from the Iran conflict, affecting key missile systems like NASAMS and HIMARS.
The EU and Mercosur launched a provisional free trade zone impacting automotive, machinery, and pharmaceuticals, with key regulatory hurdles and environmental concerns pending resolution.
Italy and Germany express concern over Israel’s interception of a humanitarian flotilla near Crete aimed at delivering aid to Gaza amid ongoing tensions.
Oxfam reveals a 56% rise in CEO pay among Germany’s DAX 40 firms since 2019, while worker wages lag behind inflation and social inequality grows amid economic pressures.
The Central Bank keeps the key rate at 14% citing persistent inflation in food prices and external risks, despite overall inflation easing in early 2024.
Uzbekistan’s halted gold exports since September 2025 caused a 29.3% drop in exports despite overall trade growth in Q1 2026, driven by strong import growth and dominant trade with China.
Uzbek payment providers Paynet, Payme, and Click report strong but varied Q1 2026 profit growth, with Paynet leading on a 314% surge boosted by a one-time dividend.
Uzbekistan’s divorce rate in urban areas now reaches one in three marriages, with ongoing demographic shifts affecting market and social dynamics.
The UK has withdrawn accreditation from a Russian diplomat in response to Moscow’s expulsion of a British diplomat accused of espionage, escalating diplomatic tensions.