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Slight declines for indices ahead of financial reporting season

The indices of the Bucharest Stock Exchange (BVB) had slight declines in October, ahead of the financial reporting season related to the third quarter, i.e. the first nine months of the year and in anticipation of the elections that are more than...

Record coal consumption, despite the orientation towards green resources

Despite many countries switching from fossil fuels to cleaner ones, global coal consumption will reach an all-time high of 164 Exajoules (EJ) in 2023, according to a Visual Capitalist analysis highlighting coal's role in the energy mix...

According to the updated list, green turtles in the south-central region and in the eastern Pacific Ocean are considered "endangered" and "vulnerable", being in turn affected by the consequences of global warming and bycatch during fishing. (Photo source: www.seeturtles.org, photo credits: Neil Ever Osborne, Hal Brindley)

COP28: The new Red List includes 157,190 threatened species

The world as we know it is undergoing continuous change, and this is not necessarily a positive development. The Red List of Threatened Species compiled by the International Union for Conservation of Nature (IUCN) and recently updated highlights...

CSAT: "The consumption of drugs and other narcotic substances harms national security values"

The use of drugs and other narcotic substances harms the values of national security, established yesterday the members of the Supreme Council of Defense of the Country, who decided to set up an inter-institutional working group that in the...

Energy capacity development - held back by prosumers and project speculators

The development of new energy production capacities from renewable sources is being held back at the moment by some of the prosumers, who instead of satisfying their need for self-consumption have turned into real energy producers, as well as by...

Restricted freedom in the Schengen area

The free movement of people in the Schengen area may be temporarily restricted, directed and justified by the member states by reintroducing border controls, according to the report adopted by the members of the Commission for Civil Liberties...

Inflation in Turkey - at 55% and increasing

Turkey's central bank expects the country's annual inflation rate to approach 62% at the end of 2023, the upper end of the range it forecast in its latest report, Reuters reports.

The Eurozone is just a mirage for Romania

The hope of an accession as quick as possible by Romania to the Eurozone was dealt a heavy blow precisely on the National Day.

Adrian Vasilescu: "The NBR has kept its weapons and ammo to intervene if hard times come"

UNICREDIT WARNS THAT THE ROMANIAN GOVERNMENT IS REPEATING MANY OF THE MISTAKES THAT HAVE LED TO THE RECESSION OF 2009-2010Adrian Vasilescu: "The NBR has kept its weapons and ammo to intervene if hard times come"

UniCredit Bank analysts are issuing a warning that the Romanian government is repeating many of the mistakes that have led to the recession of 2009-2010. The quoted experts are mentioning both the fiscal policy that is risky for the economy, as...

Daniel Dăianu: "It would be better if in the remaining months we saw a reinvigoration of public spending in Romania".

"Europe in a major quandary. What can Romania do?"

Reporter: The economy has entered a recession, after two consecutive quarters of economic contraction. How do you think the economy will evolve in the coming months, given a weaker harvest, the drop in investments, the drop in exports and the...

TOO LITTLE RESULTS AND FAR TOO MUCH COMPLEXITY, AFTER TWO YEARS OF NEGOTIATIONSThe banking union, another European project without a future?

After negotiations which have lasted once again all night, the European authorities have announced, in the middle of last week, the completion of a new stage in the process towards the creation of the banking union. This new European structure is...