Tue, 21-Oct-2025

Hungary defends petrol price cap against EU criticism

Hungary

Hungary’s Prime Minister Viktor Orban defends a petrol price cap on Friday. Petrol prices would be between 700 and 800 forints per litre, Viktor Orban. Irish no-frills carrier Ryanair has called the tax “beyond stupid”.   Hungarian Prime Minister Viktor Orban defended a discriminatory petrol price cap on Friday, claiming that runaway inflation and the … Read more

Ukraine conflict pushes Credit Suisse

ukraine

ZURICH: Credit Suisse, the Swiss banking behemoth, said Wednesday that legal expenses and the financial consequences of Ukraine’s war pushed it farther into the red in the first three months of the year. “The first quarter of 2022 has been marked by volatile market conditions and client risk aversion,” Switzerland bank said in a statement. … Read more