Nearly half of firms (48%) expected turnover to grow over the next 12 months in the first quarter of the year, up from 42% in the final quarter of 2025.
The German military also uses this airborne communications hub, which allows command staff and soldiers deployed abroad to communicate across continents. The information they share is classified, strictly confidential.
In less than 36 hours since the blockade was implemented, U.S. forces have completely halted economic trade going into and out of Iran by sea. This blockade has effectively brought Iran's economy to a standstill, as it relies heavily on international maritime trade.
Germany is intensifying its commitment to bolster Ukraine's long-range strike capabilities, as outlined by Defence Minister Boris Pistorius during recent discussions at the Ukraine Defense Contact Group meeting.
The continuing closure of the waterway is deeply damaging and getting global shipping moving is crucial to ease cost of living pressures. Iran is believed to have laid at least a dozen mines to prevent oil tankers and other vessels from passing through the strait.
Irish political leaders are bracing themselves for the fallout from the US and Israeli strikes on Iran as widespread travel disruptions cause chaos across the Gulf and Middle East. Some airports in the region have closed indefinitely, leaving Irish tourists stranded, as well as about 14,000 Irish nationals living in the Middle East who potentially remain at risk.