Six weeks after Spain and Portugal suffered a massive power outage, authorities in Madrid issued an official report Tuesday saying April’s cascading blackout that left tens of millions disconnected in seconds was caused by technical and planning errors that led to the grid’s failure. Spain’s Ecological Transition Minister Sara Aagesen, who manages the nation’s energy … Read more
U.S. President Donald Trump \with British Prime Minister Keir Starmer in the Oval Office at the White House in Washington, D.C., U.S., on Feb. 27, 2025. Kevin Lamarque | Reuters The U.K. economy shrank sharply in April as global trade tariffs and domestic tax rises kicked in, data showed Thursday. The latest monthly growth figures … Read more
Alexander Spatari | Moment | Getty Images Business leaders are walking back recessionary expectations for the U.S. that initially spiked in the aftermath of President Donald Trump’s tariff announcement, according to data released Monday. Less than 30% of CEOs forecast either a mild or severe recession over the next six months, per Chief Executive Group’s … Read more