Oil: the worst may be yet to come

Oil: the worst may be yet to come

Someone was inhaling butane. Energy experts had long been warning that the war in Iran was causing the biggest oil supply shock in history. The closure of the Strait of Hormuz took 14 million barrels per day of crude off the market. To destroy so much demand, they said, the price of Brent should be more than double the pre-war level, sitting well above $150 per barrel. However, oil market operators seemed drowsy. Until April 17, prices were below $90 per barrel. In the last week, amid rumors of a worsening of the fighting, they have started to react. On April 30, prices exceeded $125.

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ITA Airways launches a new service allowing dogs up to 30 kg to travel in the airplane seat

ITA Airways launches a new service allowing dogs up to 30 kg to travel in the airplane seat

Traveling by plane is never a pleasant experience for a dog, as traditionally airlines allow pets to travel either under the front seat and inside a carrier (in the case of small animals) or in the plane’s cargo hold, isolated from their owner. However, the Italian company ITA Airways will launch next August a new service so that dogs can travel in a seat like any other passenger, as long as they do not exceed 30 kilograms in weight.

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The Government does not currently see the support of its parliamentary partners at risk following Zapatero's indictment

The Government does not currently see the support of its parliamentary partners at risk following Zapatero’s indictment

The Government’s parliamentary partners are expressing increasing concern and alarm following the judicial indictment of former president José Luis Rodríguez Zapatero for several alleged corruption offenses linked to the multimillion-dollar economic bailout of the airline Plus Ultra during the pandemic crisis. However, at least for now, the Executive does not see this parliamentary support at risk to keep afloat a legislature that Pedro Sánchez intends to complete within a year, by July 2027.

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The Plus Ultra plot made payments to “ladies”: “we have to take care of judges, police officers, and officials”

The Plus Ultra plot made payments to “ladies”: “we have to take care of judges, police officers, and officials”

The details of the case affecting the airline Plus Ultra for allegedly having paid for influence to secure a bailout of 53 million euros reveal their ways of proceeding. In a conversation found on the phone of one of the investigated, there is talk of paying ladies in cash, after having received 50,000 euros in cash. “We have to take care of the judges, police, and officials hehe,” they boast in messages sent on New Year’s Eve 2020.

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The Government defends the 53 million loan to Plus Ultra after Zapatero's indictment

The Government defends the 53 million loan to Plus Ultra after Zapatero’s indictment

The Government has defended this Thursday, with an extensive document, the loan of 53 million euros granted on March 9, 2021 to the airline Plus Ultra. A financial aid, charged to the support fund for the solvency of strategic companies after the coronavirus pandemic crisis, now in the eye of the legal, political, and media storm following the indictment of former president José Luis Rodríguez Zapatero for alleged corruption crimes that would have their origin in this Executive rescue.

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Messi praises Spain and Barça before the final: “A club that I love and follow”

Messi praises Spain and Barça before the final: “A club that I love and follow”

“It is a huge team, with great players, with skill… a team that I know very well,” praised Leo Messi about his next opponent in the World Cup final this Sunday at Metlife Stadium in New York/New Jersey. The Argentine star analyzed La Roja and did not hide his excitement about facing many of those who were his teammates during his long time at FC Barcelona, a club that he “always loves and follows,” he said in statements to FIFA after being named MVP of the semifinal against England.

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This is how Mango has managed to shield itself from the investigation into the death of Isak Andic

This is how Mango has managed to shield itself from the investigation into the death of Isak Andic

The Mango business has managed to stay out of the investigation into the death of its founder, Isak Andic, in December 2024. The shock caused by the sudden death of the businessman and the subsequent police investigation have not taken a toll on the company’s business. Sales have grown by 13% and are close to 3.8 billion euros, while profit has increased by 11% and now stands at 242 million euros.

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