Mass unrest has been raging in the Albanian capital for eight days now

Demonstrators are attacking law enforcement officers with fireworks and Molotov cocktails, while the police are responding with water cannons. 

Trump May Declare Nationwide Economic Emergency to Impose Tariffs on Imported Goods

US President-elect Donald Trump may declare a national economic emergency to introduce import tariffs on both allies and adversaries, CNN reported on Wednesday, citing sources familiar with the matter.

Fitch Downgrades France’s Credit Rating | Farsnews Agency

Rating agency Fitch downgraded France’s sovereign credit rating, warning that public resistance to a recent pension reform could take a toll on the economy.

Liz Truss Pledges to Steer Britain through ‘Stormy Days’

British Prime Minister Liz Truss on Wednesday urged her fractious party to stick together and help transform the economy and the country, fighting to restore her dwindling authority after a chaotic first month in office.

Sweden announces emergency guarantees for energy companies

Sweden has said it would provide several hundred billion dollars in liquidity guarantees to Nordic and Baltic energy companies to avert a financial crisis sparked by Russia’s Gazprom shutting the Nord Stream 1 gas pipeline.

German Economy Minister Warns of Energy Price Jumps This Winter | Farsnews Agency

Germany's economy minister on Friday warned of energy price jumps this winter due to the volatile market conditions.

German Cities Impose Cold Showers, Turn Off Lights Amid Russian Gas Crisis | Farsnews Agency

Cities in Germany are switching off spotlights on public monuments, turning off fountains, and imposing cold showers on municipal swimming pools and sports halls, as the country races to reduce its energy consumption in the face of a looming Russian gas crisis.

Global Energy Crisis Could Get Worse, IEA Chief Warns - Tasnim News Agency

A global squeeze on energy supply that's triggered crippling shortages and sent power and fuel prices surging could get worse, according to the head of the International Energy Agency.

Germany moves closer to rationing gas as Russia cuts supply

Germany has moved closer to rationing gas as it raised the alert level under an emergency plan after Russia slashed supplies to the country.

Medvedev Tells Le Maire to 'Watch His Words' After Vow to Wage ‘Economic & Financial War’ On Russia - Sputnik International

Russian Security Council deputy chairman Dmitry Medvedev has cautioned French Finance Minister Bruno Le Maire to "watch his words" after the official vowed that the EU will wage a total "economic and financial war" against Russia.

Ukraine crisis: Don't create panic, Zelensky tells West - BBC News

Ukraine's President Volodymyr Zelensky has called on the West not to create panic amid the build-up of Russian troops on his country's borders.

Erdoğan calls on citizens to convert their dollars, euros into Turkish Lira

Turkish President Recep Tayyip Erdoğan called on Turkey's citizens on May 26 to convert their dollar and
euro savings into lira, as he sought to bolster the ailing currency which has lost some 20 percent of its value against the U.S. currency this year.

Maduro raises Venezuela's minimum wage for third time this year

In response to protests and economic crisis, Venezuelan President Nicolas Maduro raised the nation's minimum wage by another 60 percent on Sunday.

Maduro hikes Venezuela's monthly minimum wage by 50 pct.

Venezuelan President Nicolas Maduro announced Sunday that he has decided to raise the monthly minimum wage by 50 percent from 27,092 bolivares to 40,638 bolivares, the latter amount equivalent to about $60 at the official exchange rate of 678 bolivares per US dollar.

Venezuela, Colombia agree to "progressively" reopen border

Venezuelan President Nicolas Maduro and his Colombian counterpart Juan Manuel Santos have agreed to "progressively" reopen their shared border, a top official reported on Tuesday.

Venezuela Shuts Colombia Border to Fight Currency Smuggling

President Nicolas Maduro on Monday ordered the closure of Venezuela's border with Colombia for 72 hours in a crackdown on what he says are "mafias'' smuggling hard-to-find cash that is destabilizing the socialist economy.

Europe not stumbling from crisis to crisis without learning: ESM Director

It is a mistaken view that Europe is stumbling from crisis to crisis without learning, the Managing Director of the European Stability Mechanism Klaus Regling said on Tuesday.

Portugal's PM rejects claims there will be second bailout

Portuguese Prime Minister Antonio Costa on Wednesday rejected claims that the country could need a second bailout, insisting his anti-austerity drive is boosting the economy.

OAS chief says moving ahead with activating democratic charter against Venezuela

The Organization of American States (OAS) is moving ahead with activating its Inter-American Democratic Charter (IDC) against Venezuela, according to the body's Secretary-General Luis Almagro on Monday.

Venezuela Military Seizes Major Ports as Economic Crisis Deepens

Venezuelan President Nicolas Maduro on Tuesday greatly expanded the duties of his military chief General Vladimir Padrino to make him responsible for the distribution of food and medicine and put the military in charge of overseeing five of the country’s major ports.