DistantNews

Economy & Trade

137 articles from 41 countries

South Korea's National Assembly passed a significant supplementary budget aimed at economic relief, while Argentina seized over $150 million in counterfeit apparel. In the East African Community, export growth fuels a trade surge to $42.4 billion. Meanwhile, ConocoPhillips explores investment in Venezuela, and UK's Keir Starmer criticizes rising energy costs linked to global political figures.

🇳🇬 /English Critical tone NEW just now

UK court jails Nigerian couple for £433,000 tax fraud

- A Nigerian couple, Luciana and Femi Akanbi, have been jailed in the UK for a £433,000 tax fraud scheme. - The fraud involved using stolen personal data of Transport for London employees to make fals…

🇳🇬 /English Critical tone 2h ago

Lagos seals four property over wastewater discharge

- The Lagos State Wastewater Management Office has sealed four properties in Ikotun and Ajah for illegally discharging untreated wastewater into public spaces. - The sealed properties include two resi…

🇳🇬 /English Positive tone 2h ago

Stakeholders Hail NRS Over N3.6tn Revenue Surge

- Economic stakeholders commended the Nigeria Revenue Service (NRS) for a significant surge in government revenue, attributing it to ongoing fiscal reforms. - Monthly revenue reportedly rose from N711…

🇳🇬 /English 4h ago

Europe's Top Leagues: The 10 Longest-Serving Managers

- Long-term coaching tenures are rare in Europe's top five football leagues, with only a few managers maintaining extended spells at their clubs. - Frank Schmidt of Heidenheim leads the list with an 1…

🇰🇬 /Russian NEW 1h ago

Kyrgyzstan Transport Sector Sees Strong Growth in Q1 2026

- Kyrgyzstan's transport sector saw a 7.8% increase in freight volume in the first quarter of 2026, reaching 14.36 million tons. - Passenger traffic also rose by 6.9%, with 175.86 million people using…

🇰🇬 /Russian Positive tone NEW 1h ago

New Buses for Residential Areas Showcased in Bishkek

- The Bishkek mayor's office presented new bus models, including a gas-powered Zhong Tong and an electric Yutong, for potential procurement. - These new buses are being considered as part of a larger …

🇴🇲 /English Positive tone NEW 8m ago

Oman and Botswana break ground on 500MW solar power plant

- Oman and Botswana have launched a partnership with the groundbreaking of a 500 MW solar power plant in Maun, Botswana. - The project, integrated with battery energy storage systems, is a direct impl…

🇴🇲 /English NEW 40m ago

Emir of Qatar Arrives in Oman on Private Fraternal Visit

- The Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, has arrived in Oman for a private visit. - He was welcomed in Muscat by His Majesty Sultan Haitham bin Tarik. - The visit is described as fraterna…

🇻🇳 /Vietnamese Positive tone 3h ago

Thuy Nguyen Attracts Infrastructure and Real Estate Investment

- Hai Phong's GRDP grew by 11.81% in 2025, ranking second nationally, with a target of 13% for 2026 and aiming to attract $3.8-4.3 billion in FDI. - The city is developing Thuy Nguyen as a new adminis…

🇫🇮 /Finnish Critical tone NEW 39m ago

Column: The 'Turku disease' plagues all of Finland

- The article argues that Finland suffers from a "Turku disease" characterized by a lack of vision and political subservience to economic interests. - Turku, once a leading city, now faces segregation…

🇫🇮 /Finnish NEW 40m ago

Finnish Committee Demands Changes to Biometric Data Bill

- Finland's constitutional law committee has proposed significant amendments to the government's controversial bill on personal data processing. - The committee insists on a preliminary authorization …

🇫🇮 /Finnish Critical tone NEW 1h ago

New System Sparks Uprising Among Hospital Staff in Tampere

- Hospital staff in Tampere, Finland, are protesting a new automated shift scheduling system implemented by the Pirkanmaa wellbeing services county. - Over 6,500 employees signed a petition against th…

🇵🇱 /Polish Positive tone NEW 9m ago

Local Content Can Be a Good Impulse for Business

- Poland's Ministry of State Assets recently defined "local content," favoring domestic suppliers for state-controlled companies. - Experts like Piotr Soroczyński of the National Chamber of Commerce s…

🇵🇱 /Polish Positive tone NEW 1h ago

Polish Rail Manufacturers Strengthen European Market Position

- Polish train manufacturer Pesa Bydgoszcz is in talks to acquire German tram maker Heiterblick. - Pesa has seen significant export success, delivering trains to Ghana, Czech Republic, and Romania, an…

🇵🇾 /Spanish Critical tone 2h ago

Fiscal Box: Deficit Reaches US$103 Million in First Quarter

- Paraguay's public pension fund (Caja Fiscal) recorded a deficit of US$103 million in the first quarter of 2026, a 43% gap between income and expenses. - The deficit is financed by taxpayer money, wi…

🇮🇩 /Indonesian NEW 1h ago

Trade Minister Denies Cooking Oil Shortage

- Indonesia's Trade Minister Budi Santoso denied claims of cooking oil scarcity, stating ample supply in modern retail outlets. - He explained that the limited availability of 'Minyakita' (a subsidize…

🇰🇷 /Korean Critical tone 4h ago

US Probes Suspicious Oil Trades Before Trump's Iran Remarks

- US regulators are investigating suspicious, large-volume oil futures trades that occurred just before President Trump's announcements on potential military action against Iran. - The Commodity Futur…

🇰🇷 /Korean Critical tone 4h ago

IMF: Global Debt May Hit Post-WWII Levels Amid Mideast War

- The IMF projects global debt-to-GDP ratio could reach post-WWII levels by 2029 due to factors including the Middle East conflict and rising energy prices. - While South Korea's debt ratio is expecte…

🇮🇸 /Icelandic Positive tone NEW 39m ago

Krónan hosts Italian Feast with 100 new products

- Iceland's supermarket chain Krónan has launched an Italian food festival running until May. - The event features approximately 100 Italian products, including olive oil, pesto, and pasta, with a foc…

🇮🇸 /Icelandic Positive tone NEW 1h ago

Prices on Hundreds of Items to Decrease

- Icelandic retailer Hagar has partnered with Danish company Salling Group, a major player in the Nordic retail market. - This collaboration will allow Hagar's stores, including Bónus and Hagkaup, to …

🇲🇾 /Malay Positive tone NEW 1h ago

DBKL Offers Installment Plans for Public Housing Rent Arrears

- Kuala Lumpur City Hall (DBKL) offers installment payment options for public housing renters with rent arrears. - This initiative aims to assist tenants in settling their debts without compromising t…

🇲🇾 /Malay Positive tone 5h ago

Golden Destinations Lists on ACE Market with 8.9% Premium

- Golden Destinations Group Berhad debuted on Bursa Malaysia's ACE Market at 49 sen per share, an 8.89% premium over its initial public offering (IPO) price of 45 sen. - The company successfully raise…

🇬🇷 /Greek Positive tone NEW 1h ago

Over 15,000 New Cars Hit Greek Roads in March 2026

- New car registrations in Greece increased by 18.2% in March 2026 compared to the same month in 2025. - A total of 15,897 new cars were registered in March 2026, up from 13,622 in March 2025. - For t…

🇵🇰 /English Positive tone NEW 1h ago

Pakistan's Current Account Posts Strong Surplus in March

- Pakistan's current account recorded a significant surplus of $1.07 billion in March 2026. - This marks the third consecutive monthly surplus for 2026, indicating strengthening external accounts. - T…

🇷🇸 /Serbian Critical tone NEW 1h ago

Mirko Poledica Guest on 360 Degrees

- Mirko Poledica will be a guest on the N1 program "360 stepeni" with Branislav Šovljanski tonight at 9 PM. - The discussion will address the state of Serbian football, which is described as functioni…

🇷🇸 /Serbian Critical tone 5h ago

Belgrade's New Ramps: Traffic Safety or Budget Drain?

- Belgrade authorities have installed new ramps in the city center, restricting access to public transport vehicles only. - Nataša Pantić of Zbor Stari grad criticizes the move as an experiment and a …

🇷🇴 /Romanian NEW 1h ago

Romania to Publish Names of Local Tax Debtors

- Romania's government has approved a new regulation to publish lists of individuals and legal entities with significant local tax arrears. - The minimum threshold for "significant arrears" is set at …

🇳🇵 /English Positive tone 2h ago

24-hour licence issuance begins from Wednesday

- Authorities have begun issuing driving licences within 24 hours of applicants clearing trials and paying the required fee, starting Wednesday. - This initiative is part of the government's 100-point…

🇦🇷 /Spanish NEW 1h ago

Argentina's AUH Benefits to Increase by 3.38% in May 2026

- Argentina's National Social Security Administration (Anses) will increase the Universal Child Allowance (AUH) by 3.38% in May 2026. - This adjustment aligns with the March inflation rate of 3.4% and…

🇳🇱 /Dutch 4h ago

Dutch Homebuyers Apply the Brakes, Yet Prices Rise Again

- Homebuyers in the Netherlands are showing increased caution, leading to a slowdown in the housing market. - Despite this hesitancy, property prices have still risen compared to the previous year. - …

🇨🇳 /English 2h ago

China Accelerates Hydrogen Strategy for Energy Resilience

- China is accelerating its hydrogen industry development to enhance national energy security amid global concerns. - The National Energy Administration (NEA) is shifting focus from pilot projects to …

🇩🇿 /French Positive tone 3h ago

Algeria Moves to Create Agency for Energy Efficiency

- Algeria is moving towards creating a dedicated agency for energy efficiency. - The proposed agency aims to enhance coordination, improve governance, and optimize public policies in renewable energy …

🇩🇿 /French 3h ago

Stellantis Appoints Zineb Ghout to Lead Iberia Division

- Stellantis has appointed Zineb Ghout as the head of its Iberia division, covering Spain and Portugal. - Ghout, previously head of Peugeot Europe, will oversee all Stellantis activities on the Iberia…

🇭🇰 /English Mixed tone 3h ago

China’s economy beats forecasts, but war darkens outlook

- China's economy grew 5.0 percent year-on-year in the first quarter, exceeding forecasts despite global economic uncertainties. - The growth was primarily fueled by exports, though retail sales growt…

🇺🇾 /Spanish 5h ago

ARU proposes strong sanctions against meat residues

- ARU proposes stricter penalties for cattle with drug residues, advocating for a system of adjustable fines proportional to the damage caused. - The organization questions the frigorific industry's p…