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US airlines step up as Spirit winds down
Economy

US airlines step up as Spirit winds down

US carriers are stepping in after Spirit Airlines announced on Saturday that it had cancelled all flights and was winding down operations. The budget airline said soaring fuel costs were a major factor, after a last-minute White House rescue package...

France 24
Inflation surging past 50% in Iran
Economy

Inflation surging past 50% in Iran

The fragile ceasefire may have paused the fighting, but the economic fallout in Iran continues. A US naval blockade of Iranian ports has sharply reduced the Iran’s oil exports, while the cost of everyday goods has continued to rise. Across the...

France 24
Ukraine hits oil facilities in Russia
Economy

Ukraine hits oil facilities in Russia

Ukrainian drones have been striking oil facilities deep inside Russia in an effort to reduce Moscow’s oil exports, a key source of funding for its grinding invasion of Ukraine. So far, however, the broader economic impact remains unclear. Meanwhile...

France 24
Oil prices rise amid US-Iran impasse
Economy

Oil prices rise amid US-Iran impasse

Turning to the impact of the Middle East conflict on oil markets, global prices eased slightly on Friday after surging to a four-year high of over $126 per barrel the previous day, driven by fears that a prolonged war with Iran could worsen supply...

France 24
Jury of Italy's Venice Biennale resigns over Russia row
Economy

Jury of Italy's Venice Biennale resigns over Russia row

The international jury of the Venice Biennale resigned Thursday, just days before the world’s oldest and most important contemporary art fair opens. No reason was given, but the move came as Italy's government opposed Russia's participation. FRANCE...

France 24
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