English Section

20 august
Fiscal Council: "The fiscal-budgetary consolidation process is stringent and inevitable"

Fiscal Council: "The fiscal-budgetary consolidation process is stringent and inevitable"

George MarinescuEnglish Section / 20 august

The escalation of the budget deficit indicates structural problems, which can only be remedied through urgent fiscal reforms that lead to budgetary consolidation, the Fiscal Council states in the report for the year 2023, published yesterday, a document that raises a new alarm signal regarding the serious deterioration of the situation fiscal-budgetary of our country.

Photo source: facebook / Olaf Scholtz

Germany tightens the tap on military aid to Ukraine

I.Ghe.English Section / 20 august

The current Ukrainian offensive in the Kursk area, to create a buffer zone according to President Volodymyr Zelensky, risks running out of military support at some point, as the government in Berlin has halved Germany's contribution to the authorities' war effort from Kiev.

The largest stock markets in the world: 1900 vs. 2023

The largest stock markets in the world: 1900 vs. 2023

A.V.English Section / 20 august

If in 1900, the London Stock Exchange represented 24.2% of the global market capitalization, followed by the USA, with 14.5%, in 2023 the American market will lead, with a share of over 60% 

Since 1900, the United Kingdom has accounted for almost a quarter of global market capitalization, according to visualcapitalist.com, which has compiled a country-by-country ranking of the industry covering the years 1900 and 2023.

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Cybercriminals cause trillions of dollars in damage

Cybercriminals cause trillions of dollars in damage

O.D.English Section / 20 august

Cybercriminals have become a threat to the global economy. Cybercrime could cost companies 10.5 trillion dollars in 2025, an amount that includes the profits made by hackers through various means, according to an article published recently on the...

Climate change is imposing a new normal

Climate change is imposing a new normal

Octavian DanEnglish Section / 19 august

The government adopted a new strategy to reduce Romania's vulnerabilities to climate risks and borrows 470 million from the World Bank 

Our country has faced a new wave of heat waves in recent days. This is the first red heat code (the...

Photo source: edu.ro

Students will learn to use technology responsibly

O.D.English Section / 15 august

The Minister of Education, Ligia Deca, announced the launch in public consultation of the Framework of digital skills for students, appreciating that the future normative act will be "a real support" for teachers in guiding the activity...

Photo source: facebook / Board of Governors of the Federal Reserve System

The Fed, the richest central bank in the world

A.V.English Section / 15 august

The People's Bank of China and the Bank of Japan also appear in the Top 3 

Central banks play a crucial role in maintaining stability and economic growth by implementing stable monetary policies and ensuring financial stability, according...

Photo: The Institute for the Study of War

Ukrainian blitz-krieg in southern Russia

GEORGE MARINESCUEnglish Section / 14 august

Russian President Vladimir Putin's publicly expressed anger at Alexei Smirnov, the governor of the Kursk region, after the invasion of that area by the Ukrainian armed forces, is well-founded as long as the politruk from the south of the...

"The residential construction market is decreasing"

"The residential construction market is decreasing"

Recorded by George Marinescu.English Section / 14 august

Reporter:: How did the construction sector perform in the first semester of 2024? Is there a greater appetite for investment in the industrial area? Has the residential market contracted or stagnated compared to the first half of 2023?

BHP workers at largest copper mine on strike

BHP workers at largest copper mine on strike

A.V.English Section / 14 august

Escondida produces over one million tons of copper per year 

Workers at the Escondida mine in Chile belonging to the Australian giant BHP Group Ltd. were to go on strike yesterday because they failed to reach a wage agreement, reports...

Global oil demand estimates worsen

Global oil demand estimates worsen

V.R.English Section / 14 august

The International Energy Agency (IEA) yesterday kept its forecast for global oil demand unchanged in 2024, but downgraded estimates for 2025, citing the impact of Chinese consumption, according to Reuters.

Save the Olympics!

Save the Olympics!

DAN NICOLAIEEnglish Section / 13 august

DAN NICOLAIE

The Olympic Games, the greatest sports competition of mankind, have ended and I hope not to see another edition like this one in Paris

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