The European Commission has significantly lowered its economic growth forecast for the eurozone in 2025, citing mounting global trade tensions fueled by U.S. President Donald Trump’s renewed tariff campaign. According to the revised projections released Monday, the eurozone’s economy is now expected to grow by just 0.9% in 2025 — a steep drop from the…
The Ukrainian town of Vasylkiv, located just south of Kyiv, came under relentless attack from Russian suicide drones for eight hours overnight on May 18, marking one of the longest continuous aerial assaults in the region in recent months. Residents were forced to take shelter as wave after wave of Iranian-made Shahed drones targeted the…
Former U.S. President Joe Biden, 82, has been diagnosed with advanced prostate cancer that has metastasized to his bones, according to a statement released by his office on Sunday. The diagnosis follows a medical consultation last week, after Biden reported increasing urinary symptoms — a common early warning sign of prostate issues. Doctors confirmed the…
Milan witnessed a surge of violence on Sunday as approximately 150 members associated with the far-left extremist group Antifa clashed with Italian police during a tense demonstration in the city. The confrontation unfolded in the heart of Milan, disrupting daily life and prompting a strong security response from law enforcement. The demonstration, which had not…
Asian markets opened the week on a downbeat note as investor sentiment took a hit following Moody’s decision to strip the United States of its last top-tier sovereign credit rating. The move, which came late Sunday, downgraded the U.S. from Aaa to Aa1, citing escalating debt levels and the prospect of even deeper fiscal deficits…
In a landmark election that defied expectations and captivated Europe, Bucharest Mayor Nicușor Dan has won Romania’s presidential race, defeating nationalist contender George Simion in a dramatic second-round upset. With nearly all votes counted, Dan secured approximately 54% of ballots, edging out Simion, a hard-right populist and vocal supporter of former U.S. President Donald Trump,…
Oil prices edged lower on Monday as investor sentiment took a hit following a credit rating downgrade for the United States and weaker-than-expected economic indicators from China. The cautious tone in the markets emerged despite last week’s optimism surrounding a temporary trade truce between the U.S. and China. Brent crude futures slipped by 37 cents,…
Japanese investment powerhouse Metaplanet has deepened its commitment to Bitcoin, purchasing an additional 1,004 BTC and bringing its total holdings to 7,800 BTC. The move, disclosed in a regulatory filing on May 19, marks a significant milestone in the firm’s ongoing strategy to strengthen its Bitcoin reserves. Valued at approximately $104 million, the latest acquisition…
U.S. Vice President JD Vance held key discussions in Rome on Sunday with European Commission President Ursula von der Leyen and Italian Prime Minister Giorgia Meloni, expressing optimism that the talks could mark a new chapter in transatlantic trade relations. The meeting, which took place following the inaugural Mass of Pope Leo XIV, comes amid…
Carlos Alcaraz continued his spectacular rise in men’s tennis on Sunday, capturing the Italian Open title with a commanding 7-6 (7/5), 6-1 victory over long-time rival Jannik Sinner. The win marked Alcaraz’s third title of the season and served as a bold statement ahead of Roland Garros, where the 22-year-old Spaniard will arrive as defending…
