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Economy

How do Argentinians save themselves from high inflation and the devaluation of money?

Mass distrust in the economy is something that characterizes Argentina today. For Jeronimo Ferrer, this mistrust is shaped by memories of the devastating financial crisis in Argentina in the late 1990s, when bank accounts...

Wheat could be Russia’s next weapon

European Foreign Minister Josep Borrell told El Pais that all EU members must get rid of energy dependence on Moscow, but acknowledged that unanimity had not yet been reached between member states. Borrell proposes...

Elon Musk to Acquire Twitter

SAN FRANCISCO, April 26, 2022 /PRNewswire/ -- Twitter, Inc. (NYSE: TWTR) yesterday announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash in a...

35 Bulgarian drivers were taken off their trucks in Belgium

TIR trucks confiscated 35 Bulgarian truck drivers were taken off the cabins of their trucks after a massive action by the Belgian federal police on Sunday on Orthodox Easter, the specialized portal Diario de transporte...

Where did the first bankrupt billionaire hides?

The first billionaire, who was included in the lists of Forbes magazine and went bankrupt, sank deep into the depths of Montenegro, Russian media say. Telman Ismailov is wanted for debts of nearly 50...

The minimum wage in France raised due to inflation

The minimum wage in France will automatically increase from May 1 by 2.65% or about 34 euros due to high inflation since November, the French Ministry of Labor announced, AFP reports. For full-time work,...

Ukrainians were told whether it is necessary to return a mortgage loan if the house was bombed

During the month and a half of the war, many Ukrainians lost their homes. It has been destroyed by bombing and rocket attacks. Moreover, many of the destroyed apartments were purchased on credit, and...

Tallinn ranked among the best cities in Europe for a weekend getaway

Buonce analyzed 50 European cities and ranked the best weekend travel destinations. The Estonian capital also made it to the top ten. During the study, experts assessed factors such as entertainment opportunities, the availability of...

Rogozin believes that Russia will have to be paid in rubles to support the ISS

In the event that Russia withdraws from the ISS project after 2024, foreign partners can buy maintenance services for the station in rubles, Roscosmos CEO Dmitry Rogozin told RIA Novosti. "They can resolve with...

London has banned the import of Russian caviar and diamonds

Britain has already imposed sanctions on luxury goods from Moscow, as well as vodka Britain has stepped up trade sanctions against Moscow on luxury goods by banning imports and raising higher tariffs on Russian caviar,...

Another blow against tycoons

Putin bans Russian companies from participating in foreign exchanges Russian business plans to pay off foreign investors to avoid bankruptcy Sanctioned or not, Russian billionaires face new obstacles after President Vladimir Putin ended an era of...

What is the relationship between economic and social efficiency?

The relationship between economic and social efficiency is complex. The growth of economic efficiency is usually based on the following methodological principle, according to which the implementation of the social program itself must become...

EU prosecutors Office investigates €5.4 billion worth of loss to the EU budget

The EPPO investigates €5.4 billion worth of loss to the EU budget in its first 7 months of activity In its first annual report, the European Public Prosecutor’s Office (EPPO) gives an account of the...

Ruble plummets as central bank loosens some capital controls

Analysts are sure that the fall of the ruble is temporary. It will strengthen due to the sale of foreign currency by exporters The Russian ruble weakened sharply in turbulent trading on Monday, wiping out...

Financial sector: European supervisory authorities see recovery stalling amid existing and new risks

A report highlights the increasing vulnerabilities across the financial sector as well as the rise of environmental and cyber risks

Moskvich-400: “German” by birth, “Soviet citizen” by vocation

After the end of the Second World War, Soviet designers were given the task of developing a mass car, which, in terms of technical characteristics, would not be inferior to the German version of...

How much is a tour and cappuccino at Dubai’s Burj Al Arab Hotel?

The hotel is defined as 7-star, although officially such a category does not exist Over the years, Dubai's ultra-luxury Burj Al Arab Hotel has become a legend and an emblem of the luxury of the...

Díaz Ayuso receives the Institutional Award of the Union of New Entrepreneurs Association UNE 2022

The President of the Community of Madrid, Isabel Díaz Ayuso, today received the Institutional Award from the Union of New Entrepreneurs Association UNE 2022 for health management before the regional government's COVID-19 and...

World can end ‘downward humanitarian spiral’ of Afghanistan

As the world focuses its attention on the war in Ukraine, the UN reminded the international community on Thursday to remember Afghanistan as it kicked off a pledging conference to save the lives and...

International public procurement instrument: New tool to support EU firms

The EU will have more leverage to push for the opening up of global procurement markets following an informal deal on the shape of the new tool on Monday evening. Parliament and Council negotiators agreed...

Russia prohibits the export of over 200 products

Russia has banned the export of more than 200 products and equipment produced abroad by the end of the year as part of Moscow's response to sanctions imposed over the conflict in Ukraine. The measure...

Ordinary Russians are already feeling the economic pain of sanctions over Ukraine invasion

This article was published in The Conversation March 1, 2022 Peter Rutland, Wesleyan University The daily life of ordinary Russians – not just the country’s political elite or super rich oligarchs – is already being impacted...

RIA Novosti: Putin signed a law containing a number of social measures

Announcing the law, TASS noted that the social initiative aims to "protect the national interests of the country from the hostile actions of foreign countries and international organizations." Russian President Vladimir Putin has signed a...

Kristalina Georgieva promised Zelensky quick funding for Ukraine

Moscow receives $ 17 billion in Special Drawing Rights (SDRs) in the new allocation made by the Fund last year The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, said on March 5th...

The global economy undermined

Previously affected by the Covid-19 pandemic, the war in Ukraine has further weakened the world economy. World trade is facing unprecedented disruptions in energy and food commodities, metals, fertilisers and air freight. All over the...
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