Read the latest news from regional and global sources, presenting different voices and perspectives.

Albanian offshore investment surges fourfold in seven years
TIRANA, July 4 - Albanian capital is flowing abroad — rising from €393 million in 2017 to €1.57 billion in 2024, per Vienna Institute data. Major companies are expanding into Kosovo, North Macedonia and beyond, with telecoms, construction, banking...

Albania and Kosovo commit to 24/7 border operations
PRISTINA/TIRANA, July 4 — Finance Ministers Petrit Malaj of Albania and Hekuran Murati of Kosovo have announced that the Morinë–Vërmicë border crossing will operate continuously—24 hours a day, seven days a week—to improve services and reduce...

Albanian immigrant who fled communism sounds alarm over Zohran Mamdani's NYC primary win
Peter Lumaj, former U.S. Senate candidate and attorney who fled communist Albania, speaks on fears over New York City mayoral candidate Zohran Mamdani's allegedly 'communist' ideas. NEWYou can now listen to Fox News articles! Former U.S. Senate...

Tourism lifts Albania’s fuel and beer sales
A surge in tourist arrivals is boosting consumption of excise goods in Albania, including fuel, beer, cigarettes, and coffee, according to customs data for the first half of 2025. Fuel use hit a record 357,000 tonnes, up 14% year-on-year, driven...

Pakistan suspends chicken trade with Brazil due to bird flu
Pakistan is among several other countries that have placed restrictions on import of chicken from Brazil after it reported first case of bird flu in May this year. Reports said the Brazilian Agriculture Ministry has shared updated list of the...

Bankers Petroleum accused of faking losses to dodge tax
TIRANA, July 3 — Albanian prosecutors have opened a criminal case against Bankers Petroleum, accusing the company of large-scale tax evasion over a 20-year period. Authorities say the firm reported persistent losses from 2004 to 2024 despite more...

New Law in North Macedonia: More Albanians in Public Administration
The government of North Macedonia will work to increase the representation of Albanians in state institutions following the preparation of a new Law on Fair and Adequate Representation. The law stipulates that the composition of public...

A Unique Summer Season Full of Rhythm and Rewards for Credins bank Clients!
Albania today is not just a beautiful tourist destination, it is increasingly recognized on international travel maps for the vibrant European energy of its cities. Its artistic, cultural, historical, and social traditions have evolved with a...

Bankers Petroleum Albania Ltd Evaded Taxes by Declaring Losses for 20 Years; Fier Prosecution Issues 14 Precautionary Measures, Executes 9, Declares 5 Wanted
Fier Prosecution issued 14 precautionary measures against Bankers Petroleum Albania Ltd, accused for “Creation of fraudulent schemes regarding value added tax,” “Concealment of income,” “Laundering the proceeds of criminal offense or criminal...

Prosecution on Bankers Petroleum Investigation: 20 Years of Tax Evasion, Company Reported Losses While Profiting
The Fier Prosecution Office has revealed new details about the ongoing investigation into the concessionary company Bankers Petroleum Albania, in the context of a probe into tax evasion and money laundering. In an official statement, the...
AP Business SummaryBrief at 1:21 p.m. EDT
House GOP struggles to win over holdouts on Trump's tax bill in late-night session WASHINGTON (AP) — House Republicans strained through a day of starts and stops trying to advance President Donald Trump’s tax and spending cuts package. A...

‘Increased Attention on Businesses in Rural Areas’
Under the auspices of Prime Minister Rama, a joint discussion table was held on Wednesday with more than 100 business representatives in the agriculture, livestock, fishing, agro-processing and agro-tourism sectors, to talk and share ideas, in the...

Opposition leader calls Albania 'Europe’s first narco-state' at OSCE
TIRANA, July 3 — Albanian opposition leader Sali Berisha told the OSCE Parliamentary Assembly and members of the European People’s Party (EPP) that Albania has become “Europe’s first and only narco-state,” accusing the government of systemic...
U.S. International Trade in Goods and Services, May 2025
Explanatory Notes Goods (Census basis) Data for goods on a Census basis are compiled from the documents collected by U.S. Customs and Border Protection (CBP) and reflect the movement of goods between foreign countries and the 50 states, the...

Italy and Albania target cocaine-linked property ring in joint operation
Italian and Albanian prosecutors have frozen more than €4 million in assets as part of a joint investigation into a drug trafficking and money laundering network allegedly led by two Albanian brothers. The group is accused of smuggling cocaine...

Albania plans state entry into fuel import, distribution
TIRANA, July 2 – Albanian Prime Minister Edi Rama said Wednesday that the government is preparing to enter the fuel import and distribution market in a bid to stabilize consumer prices and improve sector transparency. Speaking during a public...

Albanian villages: From national neglect to national assets
During a meeting on Wednesday, Prime Minister Edi Rama urged Albanian mayors to redirect their attention to villages, proposing a number of reforms to support agriculture. While this suggests the government is beginning to acknowledge the problem,...

Govt approves draft law for EIB rail financing
TIRANA, July 3 — Albania’s government has approved a draft law to ratify a financing agreement with the European Investment Bank (EIB) for the first phase of the Corridor VIII railway infrastructure project, officials said on Wednesday. The...

Companies Behind the Esencia Project in Puerto Rico Leave a Global Trail of Damage
The five foreign companies behind the Esencia megaproject in Cabo Rojo, on Puerto Rico’s southwest coast, have left a trail of environmental destruction and community disputes in the ecologically sensitive areas where they’ve developed previous...

Economic Confidence Declines in June
Albania’s economic sentiment index decreased by 2.2 percentage points (pp) in June to around 6.4 pp above the long-term average, after increasing by 1.1 pp in May, the central bank said on Tuesday. The decline reflected decreases in the industry...