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FILE - A light installation is projected onto the building of the European Central Bank during a rehearsal in Frankfurt, Germany, Dec. 30, 2021. Inflation hit a new record in the 19 countries that use the euro currency, fueled by out-of-control prices for natural gas and electricity due to the war in Ukraine, the European Union statistics agency Eurostat reported Monday, Oct. 31, 2022. (AP Photo/Michael Probst, File)

Inflation Hits New Record in Europe, Slowing Economy

Inflation hit a new record in the 19 countries that use the euro currency, fueled by out-of-control prices for natural gas and electricity due to Russia’s war in Ukraine. Economic growth also slowed…

AP 31 October 2022
A man fills fuel at a service station during a significant increase in the price of energy in Madrid, Spain, March 8, 2022. REUTERS/Juan Medina

Euro Zone Slide Towards Recession Pins Euro to 20-Year Low

Contraction in the eurozone economy for a second straight month pinned the single currency to a 20-year low against the dollar on Tuesday, with surging gas prices adding to misery dragging Europe…

23 August 2022
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Sara Padovan
Business & Economy

Blockading the blockade: Trump tightens his chokehold on Iran

30 April 2026

Al Majalla examines Trump's Hormuz chess move and questions whether it is sustainable amid Tehran's proven ability to withstand US pressure tactics

Al Majalla - London
Axel Rangel Garcia
Politics

Why a cornered Iran is also a problem for China

02 May 2026

Even when appeals to open the Hormuz Strait come from a close ally like Beijing, they fall on deaf ears in Tehran. But hope is not yet lost.

Xiaotong Yang
Sara Padovan
Business & Economy

Global airfares soar amid ongoing US-Iran turmoil

04 May 2026

Airspace closures, rising fuel costs, shifting flight maps and delayed aircraft deliveries have repriced flights around the world, with some travel routes hit worse than others

Abdel-Rahman Ayas
A man holds a flag featuring the late leader of the Islamic Revolution Ayatollah Ruhollah Khomeini, the late Supreme Leader of Iran Ali Khamenei and the new leader, Mojtaba Khamenei, at a rally in Tehran on 29 April 2026. Majid Asgaripour / Reuters
Politics

Real Iran splits and the myth of division

04 May 2026

The argument is over the price and presentation, not the basic instinct to preserve the system

Alex Vatanka
Axel Rangel Garcia
Politics

Orbán defeat: a setback for populists; a boost for Brussels

30 April 2026

After 16 years, there is finally a political transition in Budapest. This is an annoyance in Moscow and Washington, a relief in Brussels, and a warning to Europe's populists.

Khattar Abu Diab

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Global airfares soar amid ongoing US-Iran turmoil

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