Disruptions in the Red Sea could last for up to a year, according to Japan’s Mitsui OSK Lines The disruptions to global supply chains caused by the ongoing tensions in the Red Sea could last for a year, Japanese shipping giant Mitsui OSK Lines (MOL) has warned.

A growing number of manufacturers are relocating operations outside the country, an industry lobby warns One in three German manufacturers is considering moving production to other countries amid economic troubles, double the number recorded in 2022, Bild news outlet reported on Saturday, citing Siegfried Russwurm, the head of the Federation of German Industries (BDI).

Hungary’s Viktor Orban has argued that the bloc should stop being “weak” and start asserting its interests Russia does not take the EU seriously because the bloc is not assertive enough, Hungarian Prime Minister Viktor Orban has claimed. If Brussels can improve its standing, Moscow would consider negotiating with it on the Ukraine conflict, he…