Global wine consumption fell in 2025 as economic pressure, shifting lifestyles and changing consumer habits weighed on demand, the industry’s trade body said on Tuesday. The International Organisation of Vine and Wine (OIV) said in its annual review that the sector faced “a combination of climatic variability, softer demand and rising trade uncertainty” in 2025....
Tag: World
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Pentagon Says Iran War Cost Nears $29 Billion
The Pentagon said on Tuesday the cost of the war with Iran had risen to nearly $29 billion, as President Donald Trump faced growing criticism over the conflict’s financial burden and its effect on U.S. military readiness. The updated figure, disclosed during a Capitol Hill budget hearing, was roughly $4 billion higher than the Pentagon’s...
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Four Miners Killed In Colombia Coal Mine Explosion
Four miners were found dead after an explosion at an underground coal mine in central Colombia. The explosion took place Saturday at the Las Quintas mine in Pueblo Viejo, a village in Cucunuba municipality, said Jorge Emilio Rey, the governor of Cundinamarca department. “The four miners who were trapped in the #LasQuintas mine” were found...
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India Orders Pernod Ricard Probe Over Retail Deals
India’s antitrust regulator has ordered an investigation into French spirits maker Pernod Ricard over allegations it struck exclusive arrangements with retailers to boost sales of its brands at the expense of rivals. The Competition Commission of India (CCI) said in an order issued on Friday that the company allegedly offered financial assistance worth 200 crore...
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Police In Thailand Investigate Weapons Cache Found At Chinese Man’s Home
Thai police are investigating a vast arsenal of military-grade weapons which includes assault rifles, explosives, grenades and anti-personnel mines found at the home of a Chinese man. Authorities said on Saturday that Two M16 assault rifles, hundreds of rounds of ammunition, Russian landmines, projectiles, gasoline and nearly five kilos (11 pounds) of explosives were found...
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Explosives-Packed Drone Discovered Near Bogota Airport, Military Base
Report says an explosives-laden drone was discovered near El Dorado International Airport and an adjacent military base. Authorities reportedly found the fibre-optic drone on Wednesday about 5.4 km (3 miles) from the military air base, which borders Bogota’s main international airport. CliqMetro gathered that the discovery comes amid a surge in attacks by left-wing guerrilla...
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French Court Revives Investigation Into Rwanda Ex-first Lady Genocide Role
France’s judiciary has ordered the resumption of an investigation into allegations that Agathe Habyarimana was involved in the 1994 genocide in Rwanda. Investigating magistrates had dismissed the case in 2025, citing insufficient evidence to pursue charges of complicity in genocide and crimes against humanity. The latest ruling overturns that decision and directs that the probe...
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Slovakia Scraps Diesel Restrictions After EU Warning
Slovakia said on Wednesday it would repeal restrictions on diesel sales, including higher prices for foreign drivers, after the European Commission warned the measures breached EU law. The government had introduced the rules in March, citing disrupted oil supplies through a pipeline via Ukraine as global energy prices surged amid conflict in the Middle East....
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Streaming Service Drives Increase In Disney Shares Price
Disney shares jumped in pre-market trading as the firm reported better than expected revenues and profits, thanks in part to growth in its streaming business. Newly CEO Josh D’Amaro described demand at the company’s US amusement parks as “healthy,” but said the company is “mindful of the macroeconomic uncertainty consumers are facing today”. Profits in...
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UAE Reports Iranian Attacks As Ceasefire Holds
The United Arab Emirates said it was under attack from Iranian missiles and drones on Tuesday, even as Washington maintained that a fragile ceasefire remained in place despite escalating tensions in the Gulf. The U.S. military said it had destroyed six Iranian small boats, as well as cruise missiles and drones, after President Donald Trump...
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