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Economy & Business

U.S. launches maritime reinsurance plan to reopen Persian Gulf shipping

The Trump administration’s March 6 plan to reopen shipping through the Strait of Hormuz will require some time before it can be activated and...

The overlooked barrier to global economic progress

As world leaders in government, business and civil society gathered for the 56th Annual Meeting of the World Economic Forum (#WEF56) in Davos last...

Qatar drives dialogue and innovation in driverless e-Mobility

Set to host the Autonomous e-Mobility Forum in Doha this September, Qatar continues to get ready for showcasing the latest in and around sustainable...

With Middle East war underway, Southern Gas Corridor reinforces EU energy security

The European Union and Azerbaijan reconfirmed their strategic energy partnership this week in Baku as the EU continues to reduce its dependencies on Russian...

Economic shockwaves multiply as Iran war spreads

The United States' and Israel's ongoing major combat operations against Iran/Lebanon and the Islamic Republic’s indiscriminate strikes across the Middle East are escalating tensions...

Powerful opening salvo marks determined U.S. and Israeli strike on Iran

On February 28, a carefully coordinated American and Israeli attack on Iran -- which has for decades been calling for the destruction of both...

Uzbekistan, U.S. to jointly develop critical minerals, infrastructure, energy

Aiming to strengthen critical supply chains and drive economic growth, the U.S. International Development Finance Corporation (DFC) has announced a historic collaboration with the...

Liberation Day tariffs overturned as flagship U.S. trade policy damaged

It was not unexpected. Warnings had been coming for months that U.S. President Donald Trump’s flagship “Liberation Day” tariffs announced last April were simply...

The global economic tectonic plates are moving. So, what could this mean?

Love him or hate him, U.S. President Donald Trump will go down in history as the great disruptor, having completely shaken up the established...

Hit by oil price fall, BP suspends share buybacks

British oil giant BP on February 10 posted a drop in annual profits and suspended share buybacks, seeking to cut costs as the UK...

U.S. moves to counter Chinese dominance in critical minerals

The United States hosted the first-ever Critical Minerals Ministerial at the State Department in Washington on February 4, bringing together ministers and senior officials...

New U.S. Iran sanctions for recent violent repression and corruption

After the reimposition of United Nations “snapback” sanctions on Iran on September 27, 2025, in connection with unfulfilled Iranian nuclear program control and inspection...

Why the EU–India trade deal marks a strategic turning point

The Indian Nobel laureate Rabindranath Tagore once said that you cannot cross the sea merely by standing and staring at the water. The importance...

UK and Europe sign historic pact to boost North Sea wind energy

In an era of changing geopolitical landscape, high energy costs and severe impact of climate change, the United Kingdom and European allies signed on...

Davos 2026 — threats, climbdowns and false constructs

The 56th Annual Meeting of the World Economic Forum (#WEF26) convened nearly 3,000 leaders from government, business, civil society and academia under the theme...

Kazakhstan announces constitutional reform, addresses water security challenges

At a moment of global uncertainty, Kazakhstan’s President Kassym-Jomart Tokayev has announced a comprehensive package of political, constitutional and economic reforms, including abolishing the...

Venezuelan, Iranian oil disruptions unlikely to redefine oil market trajectory

The recent U.S. actions in Venezuela and the volatile situation in Iran as the government cracks down on demonstrations currently appear to have limited...

Another Trump Iran pronouncement – tariff details to follow

In typical Trump style, U.S. President Donald Trump’s January 12 announcement of stiff new tariffs on Iran’s trading partners was devoid of almost all...

EU-Mercosur: a positive step away from the folly of isolationism

It is often said that pursuing protectionism is just like locking one's self in a dark room: wind and rain might be kept out,...

U.S. plans to exit dozens of international organizations

Following on U.S. President Donald Trump’s highly political decisions in early 2025 to withdraw the United States from the UN’s Intergovernmental Panel on Climate...

Ukraine’s energy reconstruction and the strategic rise of Europe’s Vertical Corridor that reshapes Transatlantic security

The reconstruction of Ukraine’s energy infrastructure constitutes one of the most consequential geopolitical and economic undertakings of our era. It is not merely a...

Bulgaria quietly enters the eurozone

Bulgaria officially adopted the euro on January 1, 2026, becoming the 21st member of the eurozone. The transition began with the lev circulating alongside...

IGB pipeline is the critical link in the Vertical Gas Corridor

Teodora Georgieva, Executive Officer and Board Member of the Gas Interconnector Greece-Bulgaria (ICGB) AD, spoke to NE Global in an exclusive interview about the...

EU writes itself out of the Ukraine war peace drive

By settling for a “Plan B” style Ukraine relief loan using the EU’s financial creditworthiness instead of making a politically decisive but risky decision...

EU weakens combustion engine ban and unveils measures for a cleaner and competitive auto industry

The European Commission has overturned the previous deadline for its controversial combustion engine ban, presenting on December 16 the Automotive Package to support the...

Venezuela: Seizures, sanctions and now a U.S. oil blockade

Amid increasing tension between the U.S. and Venezuela with new U.S. economic sanctions announced on December 11 and the U.S. military’s seizure of the...

U.S. launches “Pax Silica” initiative to unleash AI potential

Aiming to unite the countries that host the world’s most advanced technology companies to unleash the economic potential of the new AI age, Under...

Greek Minister Pierrakakis takes the helm of the Eurogroup

Kyriakos Pierrakakis, Minister of Economy and Finance of Greece, was elected President of the Eurogroup on December 11 in line with Protocol 14 of...

Australia’s under-16 social media ban: A new blueprint for global digital regulation?

Australia steps first -- now the question is which governments will follow and how far they will emulate Australia’s experiment. For the first time,...

A new EU and U.S. critical minerals project takes shape along the Lobito corridor

Despite Trump-fueled spats with the EU occurring regularly, key decision makers on both sides of the Atlantic have agreed on a joint declaration to...

After the chaos of an utterly confused UK Budget

The Chancellor has finally delivered her much-delayed Budget. The verdict? “Après Le Deluge” – or in this case, “after the chaos of an utterly...

Europe risks doubling down on its big green mistake

John Maynard Keynes once said that when the facts change, he changes his mind. The words of that world famous UK economist should be...

Washington takes the reins of the G20 for 2026

Starting on December 1, the United States took the reins of the Group of 20 major economies (G20) for the first time since 2009,...

Mining in Iran: A problem that affects the oppressed Azerbaijani population

Two noteworthy events took place between late October and November. In late October, the head of the Iran Mine House, Mohammad Reza Bahraman, said,...

Stronger EU Arctic strategy needed to counter Russia and China

As the Arctic region is becoming a key geopolitical hotspot, the European Union needs to strengthen cooperation with its NATO allies to contain Russian...

Ten country statement on Libya stresses potential for unification

A strong, unified Libya is in everyone’s interest. A significant number of major powers have come together to emphasize an important new opportunity for...

COP30 in Belém misses key targets but advances on secondary objectives

After two weeks of intense negotiations in a new geopolitical reality, COP30 concluded in the Amazon city of Belém, Brazil, where countries agreed on...

Another Russia-tilting Trump peace proposal emerges

President Donald Trump apparently has no more refined strategy than to disrupt the flow of world business/diplomacy with an outrageous opening salvo to make...

Balkan Economic Forum (BEF) 2025 examines the Balkans’ key challenges

The Balkan Economic Forum (BEF) 2025 annual conference, held in Belgrade under the auspices of the Central European Initiative (CEI) and under the auspices...

Azerbaijan Railways emerges as a neutral and reliable bridge between East and West

After a recent trip to Baku, NE Global Media interviewed Azerbaijan Railways (ADY) Chairman Rovshan Rustamov, focusing on his organization's critical strategic role regarding...

Watering down U.S. Russia sanctions for Hungary – what was gained?

For a while, it appeared as if the war in Ukraine was again a top priority in the White House, but ultimately that turned...

Cyprus, Greece, Israel and U.S. commit to deeper East Mediterranean energy cooperation

Following the 3+1 Energy Ministerial, Cyprus, Greece, Israel and the United States declared common intent to promote energy security and cooperation in the Eastern...

U.S. and Central Asia agree to extend and deepen economic ties

U.S. President Donald Trump presided over a historic meeting with five Central Asian leaders on November 6 at the White House in a period...

DPRK cybercrime and illicit IT workers targeted by new U.S. sanctions

North Korean (DPRK) state-linked cyber actors have stolen and laundered billions of dollars (primarily cryptocurrency) using a global ecosystem of hackers, shell companies, front...

Serbia’s energy dilemma: How to break from Russia and save its stability

Serbia’s energy “decoupling” from Russia seems to be on the horizon. The Southeast European nation, long heavily dependent on Russian gas -- and, to...

EU-Uzbekistan agreement to boost trade, regional integration

After the historic visit to Brussels of the President of Uzbekistan, Shavkat Mirziyoyev, NE Global discussed with Eldor Tulyakov, Executive Director at the Development...

Israel’s planned Nitzana pipeline to Egypt gains momentum

Israel's planned Nitzana pipeline that will be constructed from Ramat Hovav, near Beersheba in the Negev desert, to the border with Egypt in the...

Three elements of EU cooperation with Kazakhstan: connectivity, sustainability and partnership

The European Union views Kazakhstan as an important partner in Central Asia linking East and West, advancing interregional connectivity as Brussels and Astana expand...

As Trump’s Ukraine peace initiative fades, new U.S. sanctions unleashed

The war in Ukraine is again front and center in the White House. While U.S. President Donald Trump’s Gaza peace drive had started to...

Take a deep breath — the UK Budget is on its way

We have been softened up for what is going to be bad news, although no doubt there will be some sweeteners snuck in. So,...

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