English

A hypothetical 'Miranda portfolio' of heritage luxury stocks returned 629% over 20 years, outperforming the S&P 500 and the S&P Global Luxury Index Hermès returned 2,206% over 20 years, the highest in the basket, despite weaker short-term performance Luxury stocks have come under fresh pressure in recent weeks as Middle East tensions hit tourism and demand across the...

The Social Democratic Party which quit government last week over austerity cuts has pulled out all party members from government jobs. It said that all its secretaries of state, undersecretaries of state, prefects or sub-prefects resigned Wednesday following the party's decision to bring a no-confidence vote to dismiss  Prime Minister Ilie Bolojan who has cut public spending. . "PSD announces…. the...

The BBC said it was "the biggest diplomatic moment of his reign", while a US lawmaker acknowledged 'the King of England' had managed to unify a divided Congress Britain's King Charles III has been praised for a 'historic speech' before Congress on Tuesday which even President Donald Trump said he was 'jealous' of. The speech, rousing, humorous and challenging, drew praise...

After PSD-AUR announced their no-confidence motion, there was a day or so of silence from President Nicușor Dan. And when he finally spoke it was only to give assurances that he would continue his well-known equidistance, as well as giving some even more indigestible assurances: "There are some party leaders, that when they want to say something, we have to...

The Iran conflict has become the most powerful, if unintended, accelerator of Europe's electric-vehicle transition since subsidy-driven booms of 2020-2022. The Strait of Hormuz blockade and the surge in oil and gas prices jolted energy markets and triggered widespread inflation fears, while average petrol prices in the EU climbed in some countries above €2 per liter, reshaping consumer purchase...

The European Parliament on Tuesday stripped Diana Șoșoacă of her immunity, leaving her open to face a probe for 11 charges including legionary propaganda and denying the Holocaust. The European legislature decided, in a plenary vote, that Ms Sosoaca, the S.O.S. president could be investigated in Romania, as requested by the Prosecutor General’s Office. Two separate votes took place in...

Greece's government is advancing plans to restrict anonymity on social media. Greece says this is aimed at tackling online abuse, but critics warn it will undermine privacy and free expression. Digital Governance Minister Dimitris Papastergiou said the proposal, which was under discussion for months and now being considered by the office of Prime Minister Kyriakos Mitsotakis, shall require platforms to verify...

TODAY IN HISTORY: Benito Mussolini, executed on April 28, 1945, showed how democracy can be dismantled from within There is a familiar frustration among people who like to argue politics by reductio ad absurdum: the moment you invoke Hitler, which can be so very tempting, people claim you lost the debate. The comparison is dismissed as a hysterical and unserious...

On Monday, April 27, Romania descended into the ridiculous: Someone with a corruption conviction (Marian Neacșu – PSD) and a former adviser to ex-PM Adrian Năstase (Petrișor Peiu – AUR) announced in unison that they would submit a motion of censure to remove the Government led by Ilie Bolojan. The president, who arrived in Cotroceni as a great reformist...

According to the Ukrainian state news agency Ukrinform, Moldovan President Maia Sandu said that discussions are ongoing with international partners, including the European Union, about possible approaches to the reintegration of Transnistria. Transnistria, a breakaway region along Moldova’s eastern border effectively surviving on Russian funding, has been outside the control of the central government since the early 1990s, with Russian...