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Economy

Global appetite for solar panels exacerbates silver shortage

Opportunities to increase extraction are limited Technological changes in the production of solar panels are boosting demand for silver, a phenomenon that is deepening a shortage in the supply of the precious metal, while there...

MEP Maxette Pirbakas deciphers EU agricultural policy

French MEP Maxette Pirbakas, a member of the Committee on Regional Development and national president of the Rassemblement pour les français d'Outre-mer (RPFOM), was invited to take part in the monthly programme and discuss...

Florence is chasing Airbnb and similar platforms out of its historic center

The authorities in the busiest tourist centers will have the right to impose a minimum stay of at least 2 nights Florence intends to ban short-term rental platforms such as Airbnb from using apartments in...

In Chukotka sell eggs only with a passport

In the town of Bilibino in Chukotka, Russia, they started selling eggs only after presenting a passport. This was announced by the governor of the region, Vladislav Kuznetsov, on his Telegram channel. He explains...

Influencers in France face jail under new laws

Influencers in France can now be jailed if found to have broken new promotion rules after a law was officially passed, CNN reported. The tough new laws aim to protect consumers from misleading or...

Japan will extract electricity from the Sun

The technology will be tested in 2025. Japan is preparing technology that will allow it to "harvest" electricity from the Sun and send it to Earth. The technology was tested once in 2015, and in...

Egypt starts construction on the world’s longest man-made river

Egypt has announced plans to build an artificial river 114 kilometers long. The project, estimated at $5.25 billion, will improve food security and increase the country's agricultural exports. The national project called "New Delta" is...

Bananas – a “socially important product” in Russia

In addition, the protocol states a temporary reset of the tariff rate for bananas Bananas may become a "socially important product" in Russia, and import duties may be temporarily removed, the "Izvestia" newspaper reports, referring...

The former Ataturk Airport has opened its doors as Turkey’s largest public park

The former "Ataturk" airport in Istanbul has opened its doors to visitors as the largest public park in the country, reported "Daily Sabah". The new park, built on the territory of the former international airport,...

A three-story tunnel under the Bosphorus will connect Europe and Asia in 2028

A third tunnel connecting the European and Asian parts of Istanbul, officially named the "Great Istanbul Tunnel" by the government, will be put into operation in 2028, announced by the Transport and Infrastructure Minister...

From shortage to surplus – nickel prices lower than futures through 2022

Last year, nickel savings fell into the spotlight, thanks to the tropical climate in the nickel floor, which drove prices down, and so on. reached the astonishing 100,000 dollars per ton. This is the...

The IMF is concerned that Zimbabwe is introducing an official gold-backed digital currency

The way of using crypto-wallets and analog digital assets in the world has not received the support of the International Monetary Fund (IMF) and the position remains unchanged today. Recently, he warned the Zimbabwean...

Real household income rises in the second half of an otherwise weak 2022

Real household income per capita grew by 0.6% in the OECD in the fourth quarter of 2022, exceeding growth in real GDP per capita of 0.1% (Figure 1). Despite moderate growth in the third...

An elderly Japanese man opened a free cafe in Kharkiv

When Fuminori Tsuchiko arrived in the Ukrainian city last year, he told himself he wanted to do something to help people An elderly Japanese man decided to open a free cafe in Kharkiv, Reuters reported. When...

The “golden visas” in Europe heated up housing prices. States are already ending the programs

After the global financial crisis in 2008, about ten European countries introduced the so-called "golden visas" for foreigners who invest in the country, buy housing, work and can apply for citizenship after a certain...

ATMs of the Romanian UniCredit turned out to be full of fake Euros from Turkey and Bulgaria

The Romanian bank has experienced significant losses because its ATMs have received counterfeit banknotes of 500 Euro for a total value of around 240,000 Euro. The bank's ATMs only rejected six of the fake...

Tourism in 2023, A Year of Recovery and Growth

Tourism in 2023 is expected to be a year of recovery and growth for the sector, as international travel gradually resumes and domestic demand rebounds

The largest wool factory in Europe will be completed in Romania

The largest factory for the production of wool in Europe will be built in Romania by local investors from the town of Olt, Fagetelu municipality, which received over 182 million lei (36.8 million pax...

Russia is preparing a pilot introduction of the digital ruble

The digital ruble will be offered to everyone after it has been tested among a narrow circle of real customers. This was stated in the State Duma of Russia by the governor of the...

2022 broke records in the art market

The most expensive private collection and the most expensive work of art of the 20th century were sold The past year 2022 will go down in history as one of the most profitable for the...

MEPs renew suspension of EU import duties on Ukrainian exports

The International Trade Committee gave its green light on Thursday for another one-year suspension of EU import duties on Ukrainian exports to support the country’s economy.

Cyprus raised €1 billion in bonds

On 4th of April Cyprus released its first long-term bond issue as governments took advantage of strong demand for such assets after weeks of volatile bond markets. This was reported by Reuters. Nicosia raised €1 billion...

Crypto-asset transfers – new tracing rules in the EU

Parliament endorsed the first EU rules to trace crypto-asset transfers, prevent money laundering, as well as common rules on supervision and customer protection.

Erdogan: Putin may visit Turkey for the opening of the nuclear plant

Azerbaijan will supply natural gas to Hungary, via Bulgaria Russian President Vladimir Putin may visit Turkey for the opening ceremony of the Akkuyu nuclear power plant on April 27, Turkish President Recep Tayyip Erdogan announced. "We...

Support for Ukraine: Sweden announced a boycott of Absolut vodka

Starting this weekend, it is no longer possible to order a glass of Absolut vodka, Jameson whiskey or Malibu rum there. The Svenska Brassierer group, which owns these establishments, has decided to stop selling...
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