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Category: Global Economy

Italy Gains EU Fiscal Flexibility, Faces Calls on Excise and Wages

Italy Gains EU Fiscal Flexibility, Faces Calls on Excise and Wages

The European Union has granted Italy a crucial derogation from certain fiscal rules, a decision lauded by Italian Prime Minister Giorgia Meloni as an...

3 months ago

Dodi Irawan

Wealth Divide Widens: Italy's Richest 10% Hold 60% of Assets

Wealth Divide Widens: Italy's Richest 10% Hold 60% of Assets

ROME – The Bank of Italy (Bankitalia) has revealed a stark picture of wealth distribution across the nation, indicating that the wealthiest 10% of Ita...

3 months ago

Angel Doris

Europe Confronts Energy War Fallout, Nuclear Power Debate Intensifies

Europe Confronts Energy War Fallout, Nuclear Power Debate Intensifies

BRUSSELS – European nations find themselves at a critical crossroads in 2026, grappling with the profound repercussions of an ongoing energy war that...

3 months ago

Chris Robert

EU's Billions: Climate Goals Drive Spending, Scrutiny Mounts

EU's Billions: Climate Goals Drive Spending, Scrutiny Mounts

The European Union operates a vast financial apparatus, collecting substantial contributions from its 27 member states and channeling billions of euro...

3 months ago

Dorry Archiles

Italy's Economy Shifts: 700,000 Industrial Jobs Lost Since 2007

Italy's Economy Shifts: 700,000 Industrial Jobs Lost Since 2007

Rome - Italy has experienced a dramatic structural transformation of its labor market, shedding an estimated 700,000 industrial jobs since 2007. This...

3 months ago

Dodi Irawan

Germany's Housing Crisis: Millions of Tenants Overwhelmed by Costs

Germany's Housing Crisis: Millions of Tenants Overwhelmed by Costs

**BERLIN** – A new study has revealed that over one-third of all tenant households in Germany are currently overburdened by their housing costs, a pre...

3 months ago

Chandra Wijayanto

New Generation Disillusioned by Work, Delays Career Entry

New Generation Disillusioned by Work, Delays Career Entry

PARIS – A significant shift in societal attitudes towards employment is emerging among recent graduates, with many expressing deep disillusionment and...

3 months ago

Dorry Archiles

Eurozone Inflation Accelerates to 3.2% in May, Energy Prices Drive Surge

Eurozone Inflation Accelerates to 3.2% in May, Energy Prices Drive Surge

Brussels – Eurozone inflation escalated for a second consecutive month in May 2026, reaching 3.2%, up from 3.0% in April, Eurostat reported today. The...

3 months ago

Demian Sahputra

Germany's Energy Law Accused of Undermining National Prosperity

Germany's Energy Law Accused of Undermining National Prosperity

BERLIN – Germany's ambitious Energy Efficiency Act, a legislative cornerstone intended to drastically reduce national energy consumption, is paradoxic...

3 months ago

Robert Andrison

Milan US Consulate Worker Alleges Sub-Euro Wage, No Choice

Milan US Consulate Worker Alleges Sub-Euro Wage, No Choice

MILAN - A 27-year-old Kenyan national engaged in the construction of the new United States consulate building in Milan has revealed a stark account of...

3 months ago

Angel Doris

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This Week's News

Trump Bars CNN, MSNBC, Politico from White House Over "Fake News" Claims

Trump Bars CNN, MSNBC, Politico from White House Over "Fake News" Claims

Sandro Mazzola, Italian Football Icon and Torino Legacy, Dies

Sandro Mazzola, Italian Football Icon and Torino Legacy, Dies

Martin Claims Dominant Pole Position at Electrifying Austrian MotoGP

Martin Claims Dominant Pole Position at Electrifying Austrian MotoGP

Maldini Goal Seals Cagliari Win Against Udinese in Tense Serie a Clash

Maldini Goal Seals Cagliari Win Against Udinese in Tense Serie a Clash

EU Recovery Funds: Dombrovskis Warns of Cost Misalignment Risks

EU Recovery Funds: Dombrovskis Warns of Cost Misalignment Risks

Houthi Warn Italy: Saudi Air Presence Escalates Regional Tensions

Houthi Warn Italy: Saudi Air Presence Escalates Regional Tensions

Le Pen Rejects Russian Dictate, Affirms French Sovereignty in Ukraine

Le Pen Rejects Russian Dictate, Affirms French Sovereignty in Ukraine

Martin Seizes Austrian MotoGP Sprint As Acosta Crashes from Lead

Martin Seizes Austrian MotoGP Sprint As Acosta Crashes from Lead

Google's Gemini AI Breached Three Firms, Secrecy Raises Concerns

Google's Gemini AI Breached Three Firms, Secrecy Raises Concerns

Trump White House Curbs Access for Major News Outlets

Trump White House Curbs Access for Major News Outlets

Italy's Housing Reforms Hinge on Istat Deficit Data, Says Foti

Italy's Housing Reforms Hinge on Istat Deficit Data, Says Foti

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Roma Battles Inter Tonight in Pivotal Serie a Showdown

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PISA Findings Expose France's Education Policy Paralysis

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