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Economy

A Turkish farmer became a millionaire with purple stones from his field

Newsdesk -
Farmer Ali Aiden, who lives in the village of Akpanar in the Harmandzhik region, found unusual purple stones in his field. He became curious and brought them for expertise in the regional city of...
Economy

Ukraine: the cost of switching to the eurotrack

News desk -
Additional investments are also needed to increase the throughput at border crossings. Infrastructure Minister Alexander Kubrakov said that the conversion of one railway line to the EU standard would cost between $2 billion and $3...
Economy

Sugar shortage in Ukraine: will it be a hype, like salt

News desk -
Judging by the rush demand for sugar, which arose in late May and early June, it may suffer the same fate as salt. Analysts told whether there will be a shortage of sugar in...
Economy

Popular fashion chain closes its branches

Gaston de Persigny -
Due to insolvency, the popular fashion chain is forced to close all its branches across the country, aussiedlerbote.de reports. Now everything is finally over and fashion chain Orsay closes its doors to German citizens at...
Economy

UN: We are in difficult negotiations with Russia to unblock ports in Ukraine

News desk -
The United Nations has said it is in intensive talks with Russia to unblock Ukrainian ports and release tens of millions of tonnes of grain to prevent a global food crisis. One hundred days after...
Defense

Bulgaria has replaced Russian gas with Azerbaijani

News desk -
Deliveries agreed for a period of 25 years Bulgaria will receive Azerbaijani gas through the IGB interconnector under construction, connected to the Trans-Adriatic Pipeline (TAP). This was announced by the Minister of Foreign Affairs of...
Council of Europe

EC: Bulgaria is not ready for the Eurozone, it fails in two conditions

Newsdesk -
Bulgaria is still failing to meet two of the conditions for adopting the euro. This is clear from the European Commission's (EC) Convergence Report 2022. The report assesses the progress that each member state of...
Defense

Starbucks is leaving Russia, closing 130 outlets and cutting 2,000 people

News desk -
After 15 years in Russia, Starbucks will leave the country to join companies such as McDonald's, Shell, Renault, Visa and Mastercard, which are finally saying goodbye to the Russian market. The coffee giant has announced...
Defense

Russian airlines are preparing to pay in rubles for the leasing of foreign aircraft

News desk -
Dozens of Russian airlines have opened a special account in rubles "C" for leasing payments to foreign companies, Vedomosti reported today, quoted by TASS, citing a federal official and a source close to the...
Defense

Switzerland confiscates 100 million Swiss francs from a Yanukovych aide

Gaston de Persigny -
The Swiss government has confiscated assets worth more than 100 million Swiss francs (82 million British pounds) from an aide to former Ukrainian President Viktor Yanukovych - Yuri Ivanyushchenko. The seizure affects assets of...
Defense

Britain is reviving naval convoys because of Ukrainian grain

News desk -
Warships can be used to transport grain from Ukraine to countries in need of export. This was stated by Lithuanian Foreign Minister Gabrielius Landsbergis. He said he did not rule out forming a coalition of...
Economy

Donohoe on Ukraine: We’re very conscious of their human suffering at this terrible time

Newsdesk -
Remarks by Paschal Donohoe following the Eurogroup meeting of 23 May 2022 Let me start this press conference with a thought for the people of Ukraine. While we are aware that the Eurogroup discussed the...
Economy

Why are there no parachutes in passenger planes?

Gaston de Persigny -
At a glance, the idea of every passenger on a plane having their own parachute is great - if something happens during a flight, the parachute dissolves and the passenger survives. Even a 1%...
Economy

Kommersant: Russia has set the conditions for the export of grain to the EAEU

Newsdesk -
Russia demanded from the members of the Eurasian Economic Union (EAEU) to introduce quotas and duties on grain exports to third countries. This is reported by Kommersant sources, cited by the ura.ru news agency. According...
Council of Europe

FT: Estonia, Lithuania and Bulgaria became leaders in inflation growth in the EU

Newsdesk -
It is noted that the highest inflation rate in Europe is observed in Turkey at 70 percent due to the collapse of the lira. The largest increase in consumer prices in the EU is observed...
Economy

The solidification of the Russian ruble – a harbinger of economic collapse

News desk -
According to experts, the country will suffer its worst recession since the early 1990s Capital controls and rising interest rates have solidified the Russian ruble, but it is too early to say whether the country's...
Economy

Why is China buying Africa?

Newsdesk -
More than one billion people live in Africa, and the continent is expected to be responsible for more than half of the world's population growth by 2050. According to the European Parliament resolution of...
Economy

The Russians broke records in property purchases in Turkey

Newsdesk -
The sales of residential properties in Turkey mark growth with almost 40% on an annual basis in April, according to official data. The current trend continues, despite the high borrowing costs and falling prices. The...
Economy

After 30 years of presence: McDonald’s leaves Russia

News desk -
After 30 years of presence: McDonald's leaves Russia The American fast food chain closed, albeit temporarily, all its establishments in March, after the beginning of the Russian invasion of Ukraine McDonald's has announced that it has...
Defense

Historical deal: Moscow “bought” Renault for 1 ruble

News desk -
Russia's Ministry of Industry and Trade has announced that Russian assets of the French carmaker Renault are becoming state-owned, Russian news agencies reported. AvtoVAZ will now carry out service maintenance of Renault cars in Russia,...
Economy

Sanctions block Belarus’ exports by $ 16-18 billion

Newsdesk -
President Lukashenko believes his country has been unfairly labeled an "accomplice to the aggressor". Sanctions imposed on Belarus have blocked $ 16-18 billion worth of annual exports to Western countries, Belarusian Prime Minister Roman Golovchenko...
Council of Europe

The UN warned: Ukrainian wheat is rotting in warehouses

Newsdesk -
A terrible crisis is coming... More than 25 million tons of Ukrainian wheat cannot be exported due to the war. The UN warns that this will cause a global grain crisis. Prior to the Russian...
Economy

Cyprus, Italy, Czech Republic, Montenegro: Russian tourists have created widespread problems

Gaston de Persigny -
Anti-Russian sanctions will undermine the well-being of at least five resort countries in Europe. Thus, the absence of Russian tourists, who traditionally spend a lot of money, has already created widespread problems in the...
Economy

Steve Hanke: Inflation is rising in the eurozone, the Bulgarian people will lose

Newsdesk -
Get rid of the secrets. There should be a series of studies, talk and public debate, as well as a referendum, the economist recommends The Bulgarian people will lose if they join the eurozone. This...
Economy

The Turkish lira has collapsed

Newsdesk -
Inflation in Turkey has reached an unprecedented level: everything is becoming more expensive The Turkish lira collapsed, hitting a new low: its value fell to 15 lira per dollar after the Turkish inflation rate for...
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