Germany’s finance chief has floated two different ways to adjust income taxes, aiming to cut bills for most people while squeezing those at the very top. The smaller plan trims around €10 billion off what taxpayers owe, while the bigger one drops roughly twice that amount. To pay for it, officials m
Spain’s prime minister recently showed up at a major Catholic event, something his party usually avoids. He joined Pope Leo XIV for a week of activities across the country, including blessings for a famous cathedral. While his party has clashed with the church for years, this visit gave him a chance
Spain’s Canary Islands have become a deadly bottleneck for people fleeing war and poverty in Africa. Over 46, 000 arrived in 2024 alone—nearly 50 times higher than a decade ago. The journey from West Africa is brutal: rickety boats, little food, and unpredictable Atlantic storms. More than 3, 000 pe
Germany is rolling out a long-term play to stay ahead in the skies. Over the next fifteen years, the country plans to pump money into military jets, cleaner fuels, and cutting-edge tech to keep its aviation sector strong and less dependent on others. The government will greenlight this strategy soon
Brazilian airline Azul has decided to reduce its flight schedules further as fuel prices stay high because of persistent world conflicts. The company's leaders believe flying fewer times makes better financial sense now than keeping the same schedule. Earlier this year, Azul already trimmed some rou
Germany’s finance ministry announced that the six largest EU economies have reached a common view on a European Commission plan to bring capital market oversight under a single authority. The proposal, introduced in December, would shift control from national regulators to the European Securities
Spain’s top ruling party is tangled in multiple legal battles involving high-ranking officials. While Prime Minister Pedro Sanchez himself isn’t directly involved, his inner circle—including family and close allies—has come under scrutiny for alleged crimes like bribery and influence-peddling. More
Brazil is rolling out its fifth Eco Invest auction with a $10 billion price tag, its largest green funding push so far. The government plans to split the money across six hot sectors: clean fertilizers, battery minerals, green fuels, smart factory tech, eco-friendly chemicals, and recycling old wast
Spain’s top judges just hit the pause button on a new nationwide sign-up system for holiday flats listed online. The system, pushed through last summer, would have forced every owner to register their property before posting it on sites like Airbnb. But several regions argued the central government
Spain’s top leader will watch his country play in Mexico later this month, a trip that comes just after he admitted Spain’s colonial past caused real harm. The Mexican president had refused to invite him to her swearing-in earlier this year because Spain’s king didn’t say sorry fast enough. Now, aft
