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Generic Medicines Crisis: The Danger of a Supply Collapse

Sick people in our country could lose access to essential medicines such as Paracetamol and Metformin (a basic treatment for diabetes) due to legislative and administrative blockages, generic medicine manufacturers warn. They stress that the...

Honor announced, last week, the launch of the HONOR Magic7 series in China. (Photo source: www.honor.com)

Phone maker Honor is attracting new investors

The Chinese smartphone manufacturer Honor revealed, at the end of last week, a new round of investors that it has attracted, Reuters reports, noting that it is China Telecom and a division of CICC Capital Corp. Other investors in the company...

Altria Group and Universal - dividend kings in 2024

Dividend stocks have seen gains over time, even during recessions, according to a visualcapitalist.com analysis, which presents the top 15 "dividend kings" in 2024, identified by FinanceCharts, based on data available in October....

Messi's salary, as much as the budget of some opposing teams

Lionel Messi continues to be extraordinarily well-paid even though he is no longer in his prime. Lionel Messi, who plays for Inter Miami, earns more than the salary of other teams in Major League Soccer. Thus, 22 teams have salary caps lower than...

Photo source: Facebook/ Muzeul Naþional de Istorie a României

Investment: 100 million euros for the rehabilitation of the National Museum of History

The Minister of Culture, Raluca Turcan, announces that the contract regarding the approval documentation for the intervention works for the rehabilitation of the National Museum of History of Romania (MNIR) has been signed. The contract was...

Romania, promoted in the USA as a top destination

The Ministry of Economy, Entrepreneurship and Tourism (MEAT) organized last week an information tour for nine tourism companies from the United States of America, with the aim of promoting Romania as a destination of interest on the American...

K Bank posted a net profit of 85.4 billion won in the first half of the current year, more than three times that of the same period in 2023. (Photo source:www.kasikornbank.com)

South Korea's K Bank is delaying its listing again

South Korean online lender K Bank Co. has postponed its planned more than $700 million initial public offering (IPO) on the Seoul Stock Exchange for the second time after failing to attract enough investor demand, according to a regulatory filing...

Tokyo Metro operates nine subway lines. Before the IPO, the Japanese central government owned 53.4% of the company's shares, and the local authorities in Tokyo - the remaining 46.6%.

Tokyo Metro raised $2.3 billion in Japan's biggest IPO in six years

Tokyo Metro Co. raised 348.6 billion yen ($2.3 billion) in Japan's biggest initial public offering (IPO) in six years, according to the company's filing with the regulator, Reuters reports.

The sheep says "I die, I die, I die!" (Drawing by MAKE)

Duplicity: Romania is in no hurry to apply EU sanctions against Russia

More than 30 months after the aggression illegally launched by the Russian Federation in Ukraine, the Government and the Parliament in Bucharest still do not have the necessary legislation - with a small exception regarding the powers of the...

Photo: Apotea, one of Sweden's largest online pharmacies, has approximately 900 employees. (Photo source: www.apotea.se)

Sources: Swedish online pharmacy Apotea prepares for listing

Swedish online pharmacy Apotea AB is considering launching an initial public offering (IPO) on the domestic market this year, according to sources cited by Bloomberg. They say the company is working with consultants, including Carnegie Bank A/S,...

Photo: Countries with the highest GDP per capita in 2024/ Purchasing power parity, in dollars/capita

Luxembourg - the country with the highest GDP per capita in 2024

Despite the fact that countries such as the US, China, India or Germany often dominate the economic rankings, the United States is the only economy in the Top 10 in terms of GDP per capita, according to a visualcapitalist.com analysis based on...

Photo source: Facebook/ Hunday Auto Romania

Sources: Hyundai Motor India's IPO to be launched next week

The initial public offering (IPO) of Hyundai Motor India Ltd., the Indian subsidiary of South Korean automaker Hyundai Motor Co., will open for subscriptions next week and will likely be priced between 1,865 and 1,960 rupees ($22-$23) per share,...

According to the reasoning of the decision by which the CCR invalidated the candidacy of Diana Iovanovici-Şoşoăca in the electionspresidential, the right to be elected is not absolute and, for the candidate for the supreme office in the state, it impliesnecessarily "unequivocal" respect for the Constitution and democracy.

Simple excess of skills or abuse of service at CCR?

Five judges of the Constitutional Court of Romania (CCR) declared on Saturday, October 5, 2024, that they were not satisfied only with the role of supervisors regarding the observance of the fundamental act of the state and decided to turn...

Tokyo Metro aims to raise up to $2.4 billion in Japan's biggest IPO since 2018

Tokyo Metro set a price range of 1,100 to 1,200 yen/share for its initial public offering (IPO) yesterday, according to documents filed with the capital market regulator, Reuters reports.

Hungary is playing with fire: interventions in elections in EU states

Hungary's constant meddling in democratic processes in other countries, despite the Viktor Orban government's frequent rhetoric about protecting national sovereignty, represents a "perverse" situation, political expert Daniel...

Brazilian digital bank PicPay is targeting a Nasdaq listing in 2025

Brazilian digital bank PicPay will start hiring financial companies to carry out an initial public offering (IPO) in New York next year, according to sources cited by Reuters. This will be the second time that PicPay, a bank owned by the J&F...

According to the amendments brought by the deputies to the ordinance, the staff from pre-university education, respectively the teaching staff, auxiliary teaching staff from the state pre-university education, as well as the teaching staff from the state university education system who hold the didactic degree of lecturer, head of works, will benefit from this program /lecturer and university assistant, as well as auxiliary teaching staff, from the university education system, active in a school/academic year starting from the school/academic year 2022 - 2023 up to the school/academic year 2026 - 2027 inclusive.

The teaching career bonus is awarded in October

President Klaus Iohannis promulgated the law approving the Government Emergency Ordinance no. 87/2023, which establishes that the teaching career bonus and the professional career bonus for teaching and administrative staff, respectively, are...

Lifetime debts

Moral duties are not talked about very often. Paid quite rarely, these are discussed discreetly, shyly. In football, things related to this subject are a little different and you hardly feel like pointing the finger at the debtor.

The world's billionaires, expected to become trillionaires

Elon Musk could become the world's first trillionaire by 2027, according to a recent report by Informa Connect Academy, cited by visualcapitalist.com. The report shows the projected path for the Tesla CEO and other billionaires to surpass the...

"I looked in churches, temples, mosques, but I found God in my soul". (Mevlana Rumi, 1207-1273, the great mystical sage who created the Mevlevi Order, a Sufi order whose followers, called dervishes, whirled to musical rhythms until they reached a state of ecstasy, saying that in doing so they attained supreme spirituality ).

CORRESPONDENCE FROM ANATOLIAThe Mystical Festival in Konya ends today; What else is worth visiting in the city of the whirling dervishes?

As every year, in the city of Konya, in the region of the same name, the month of September concluded with the International Mystic Music Festival, organized by the Ministry of Culture and Tourism. This year, the event expanded to 16 cities,...

Septimiu Stoica, BRM: "Trăim o utopie, un capitalism cu o faţă socialistă"

Din punct de vedere al energiei, cred că focusul ar trebui să fie îndreptat spre bursele de mărfuri şi cele de energie, spune Septimiu Stoica, Preşedintele AGA al Bursei Române de Mărfuri (BRM), subliniind:...

Balancing the energy market: the impact of volatile prices on bills

The publication by Transelectrica of the prices regarding the energy balancing market displeased the electricity suppliers, who found that, although they sell a megawatt (MW) for 400 lei, they have to pay a balancing price of 1890 lei/MW. Among...

Marcel Ciolacu does not want Klaus Iohannis as a senator

The social-democratic parliamentarians will not approve the bill initiated by the PNL on granting the possibility for the country's president to run on the list of any political party in the parliamentary elections. The president of the PSD,...

Drug developers have raised two billion dollars this year through ongoing IPOs

BioAge wants to raise $158 million through IPO

BioAge Labs Inc., an American clinical-stage biotech company developing therapies for obesity and metabolic diseases, is seeking to raise about $158 million through its initial public offering (IPO) and a private placement, Bloomberg reports....

The Minister of Culture, Raluca Turcan, emphasized that 2024 brings "representative successes" in the promotion of national heritage. The event, which will take place between October 6 and 8 in Bucharest, is an opportunity to highlight Romania's progress in this field and its role within the European cultural heritage. (Photo source: facebook / Raluca Turcan)

The European Cultural Heritage Summit 2024, a significant event in Romania

This year, Romania marks a landmark moment in the protection of cultural heritage, hosting for the first time the European Summit of Cultural Heritage. The Minister of Culture, Raluca Turcan, emphasized that 2024 brings "representative...

David Pressman believes that the Orban government has managed to convince the majority of citizens only through its propaganda machine which it feeds with funds from the state budget, thus suppressing any critical opinion.

David Pressman: "US patience with the Orban government has run out"

US patience with the Orban government has run out, said David Pressman, the US ambassador to Hungary, in the speech he gave yesterday at the Budapest 2024 Forum on the development of a sustainable democracy, according to media sites telex.hu,...

TradeVille: Adobe Inc. - rezultate şi perspective

Adobe a raportat rezultate solide pentru cel de-al treilea trimestru fiscal, care au depăşit estimările Wall Street, însă acţiunile au scăzut cu peste 9% în sesiunea after-hours, din cauza previziunilor sub aşteptări pentru trimestrul următor,...

The vice-president of CFA Romania does not believe that such a fund should be under the NBR, although Norway's Sovereign Investment Fund is under the tutelage of the Scandinavian country's central bank.

Adrian Codirlaşu: "Ideal for the establishment of the SIF would be the Proprietatea Fund model"

The Sovereign Investment Fund proposed by the Simion Plan should be established according to the Proprietatea Fund model, claims Adrian Codirlaşu, the vice-president of CFA Romania.

Marcel Boloş, the Minister of Finance, declared, in the press briefing that took place after yesterday's meeting: "It is an extremely complex package of measures that concerns the business environment and public spending of the state". (Photo source: facebook / Marcel Bolos)

Tax amnesty - what measures did the Government approve yesterday for bad payers and how will correct taxpayers be rewarded

Companies and natural persons who pay their outstanding main debts to the state budget by August 31, 2024, will benefit from the cancellation of the ancillary debts calculated for the payment obligations, according to the emergency ordinance...

Parlamentarii USR militează pentru zero taxe pentru salariul minim pe economie, şi pe taxare progresivă în funcţie de anumite niveluri ale acestui venit.

Modificarea Codului Fiscal, pe lista priorităţilor legislative a noii sesiuni parlamentare

Modificarea Codului Fiscal, fără introducerea unor noi taxe şi impozite şi fără majorarea celor existente, modificarea legii salarizării unice în sistemul bugetar în sensul îndeplinirii reformei prinsă în Planul Naţional de Redresare şi...

USR parliamentarians campaign for zero taxes for the minimum wage on the economy, and for progressive taxation according to certain levels of this income.

Amending the Fiscal Code, on the list of legislative priorities of the new parliamentary session

Amending the Fiscal Code, without introducing new fees and taxes and without increasing the existing ones, amending the single salary law in the budget system in order to fulfill the reform included in the National Recovery and Resilience Plan -...

The balance of the Casa Verde Fotvoltaice program is estimated at 200,000 beneficiaries

The new session for the Green House program, launched at the end of September

The Green Photovoltaic House program is financed with 2 billion lei and the applications will be able to be submitted during this month, said Mircea Fechet, the Minister of the Environment, Water and Forests, during a press conference held on...

The United States - at the top of the ranking of global arms spending

The United States topped the list of countries with the highest military spending in 2023, dedicating $916 billion to the military, according to statista.com.

At the end of July, the net assets of private pension funds in our country were 152.3 billion lei, the average value of the account being almost 17,000 lei. Of the more than 152 billion, only 5.4 billion represented the assets of optional pension funds (Pillar III), while the average value of the account was around 7,000 lei, according to the data available on the website desprepensiiprivate.ro.

What returns did Pillar II funds have in the first seven months of the year?

The nominal returns of the seven Pillar II private pension funds were around 8%, in the first seven months of this year, respectively 14-16% in the period July 2023 - July 2024, performances above those achieved in normal. They are really...