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The relationship between economic, political, and social developments and the awarding of the Nobel Prize has always been closely intertwined. Context gives value and meaning to everything. This is also the case with the Nobel Prize, which cannot have any value if it is not considered a product of its time. Since its establishment in 1969, the Nobel Prize in Economics has highlighted scholars whose work has reshaped the way we understand economics, markets, and policymaking, recognizing scholars for their contributions in response to the challenges of the time.

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A ship carrying the first group of migrants to be processed in Albania under a deal with Italy arrived in the port of Shengjin on Wednesday morning, setting in motion the first scheme by a European Union state to divertasylum seekersabroad.

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A man in illegal possession of a shotgun and a loaded handgun was arrested at an intersection near Donald Trump's rally in Coachella, California, on Saturday, police said.

An Albanian wanted for murder in his home country has won the right to remain in the UK under the European Convention on Human Rights.

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Italy has formally opened two centres inAlbaniawhere it plans to hold men who are intercepted in international waters while trying to cross from Africa to Europe.