English Section

23 octombrie 2024

Education: 80 million euros for the development of digital skills

The Minister of Education, Ligia Deca, announced that over 100,000 teachers in Romania will develop their skills in digital pedagogy, with the support of an 80 million euro fund allocated through the National Recovery and Resilience Plan (PNRR).

The participants in the macroeconomic panel of the SEE Property Forum discussed the challenges that influence the economic landscape of the states of Central and Eastern Europe and the current trends in consumption and investments in the respective countries

SEE Property Forum: Economic growth of 1.2-1.8%, at the end of the year, for Romania

• The government recently announced that at the end of 2024 we will record an economic growth of 2.8%

• Banking experts claim that only at the end of next year we could talk about such growth, because at the moment we have low productivity and we are not competitive at the European level

As part of the BRICS work, Kremlin leader Vladimir Putin (right) discussed yesterday afternoon with his Chinese counterpart Xi Jinping. (Photo source: https://photo-summit.brics-russia2024.ru/en/)

How will the Summit in Russia shape the future of the world?

The BRICS member states must take several critical decisions at the Kazan summit in order to improve cooperation within the group, Russian leader Vladimir Putin said yesterday, on the first day of the BRICS summit he is hosting.

BRICS expansion: New challenges in redefining global power

The BRICS summit that is taking place these days in Kazan, Russia, also has on its agenda the request made by Turkey to acquire the status of a full member of that economic organization, after until now it had observer status.

Photo source: facebook / Cristian Niculescu Ţâgârlaş

Senator Niculescu-Ţâgârlaş: The Real Estate Investment Funds Law - prepared for the final debate in the Chamber of Deputies

• "REIT legislation would make it easier for real estate players to attract capital and ensure better representation of the sector on the stock market," according to a research team hired by Meta Estate

1 Euro5.0890

1 Fr. elveţian5.4821

BNR

1 Liră sterlină5.8317

BNR

1 Dolar SUA4.3140

BNR

1 Gram Aur622.5801

BET24247.43

BET FI91378.01

BET NG1785.85

Climate change, chain problems

Climate change plays a significant role in increasing the frequency and intensity of forest fires, which contributes to a growing number of deaths related to fine particle pollution generated by these fires, according to a recent study published...

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 boomerang speech

Gheorghe Hagi was an exceptional footballer, a good coach and (unfortunately for him) a catastrophic orator. It has often been said that people should not be so offended by the way he speaks and should pay more attention to what the...

Adrian Tănase, Director General of the Bucharest Stock Exchange: "REITs provide access to investment in assets such as office or commercial buildings"

• "The real estate sector is very important for Romania's economy, but poorly represented on the stock market"

According to the Minister of Education: "A solution to reduce overcrowding in some schools: school consortia. We have published the Methodology on the organization and operation of school consortia and I encourage principals to initiate such partnerships!" (Photo source: Facebook/ Ligia Deca)

Solution for education: school consortia

The multiple problems of education require quick solutions to avoid a collapse of the system.

Environment: The largest marine protected area in the North Atlantic has been created

The regional assembly of the Azores Islands, a Portuguese archipelago located in the Atlantic Ocean, has approved the creation of the largest marine protected area in the North Atlantic.

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 market.

The pressure of climate change: city dwellers, increasingly affected by extreme temperatures

The duration and frequency of heat waves in Romania have increased significantly in recent decades, and projections point to an increasingly hot future.

Dropout - huge costs

The economic costs generated by dropping out of school in Romania have reached an estimated value of approximately 15.7 billion euros over the last 11 years, equivalent to approximately 5.23% of the country's annual GDP, according to a report...

"You can count on me both in what you do, and as a support for presenting in front of everyone your performances as people of culture, because Romania needs models, it needs valuable people, who are known and to become milestones in our development and manifestation in the community", said Raluca Turcan, the Minister of Culture, during the Intangible Cultural Heritage Day, on which occasion President Klaus Iohannis awarded five distinctions. (Photo source: Facebook/Raluca Turcan)

The Minister of Culture emphasizes the need for models

Romania needs models, valuable people who are known and become landmarks in the development and manifestation in the community, said the Minister of Culture, Raluca Turcan.

Russian President Vladimir Putin stated that Russia treats all its opponents with respect, according to TASS: "Based on the vast experience of organizing large-scale sports events, including the Sochi Winter Games and the FIFA World Cup, we are promoting new formats of cooperation, relying at the same time on the true ideals and principles of sport".

Signal: Russia wants to thaw relations with the IOC

Russia has decided to rebuild the bridges that connect it to the world of international sports. The first step was from the highest level.

Combating climate change, a new funding objective

Morgan Stanley: Dollar strengthening - the main risk for US stocks

• The S&P 500 is in a two-year bull market, going from all-time high to all-time high

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

• The financial institution cites weak demand from investors

The high temperatures during the summer led to increased energy consumption, and the Government took drastic measures to cover the electricity needs.

The price of electricity is increasing due to the heat wave

The third quarter of 2024 was marked by a series of major challenges for Romania's economy.

The BSE's upward trend stalled

• New all-time highs for Dow Jones and S&P 500

Quarter III in numbers

• July 5th

The Minister of Education campaigns for international mobility

International openness is very important for the university environment. The Minister of Education, Ligia Deca, stated, in Toulouse, at the official opening of the Scientific Francophonie Conference, that it is necessary to continue to adopt,...

Call to action for a more responsible future: art and sustainability

The public will be able to enjoy spectacular exhibitions, conferences on the theme of creative sustainability and interactive workshops, all bearing the imprint of a call to action for a more responsible future, at the second edition of the CODRU...

Ştefan Nanu, MF: "The next Fidelis show will be between December 9 and 18"

• Through the 19 Fidelis offers launched since August 2020, Finances attracted over 38 billion lei from the population, according to BVB

Alexandru Petrescu, ASF: "State bonds - a basis for converting investors to other stock market instruments"

State bonds are a basis for converting investors to other stock market instruments, said yesterday Alexandru Petrescu, President of the Financial Supervisory Authority (ASF), on the occasion of the event that marked the listing of the last...

Greenlight Capital: Buffett's recent sales show how overvalued the stock market is

• "The Oracle of Omaha has a knack for reducing exposures at the right times," the Greenlight founder says of Buffett

Armed conflicts not only destroy communities and cause mass migrations, but also aggravate economic and social deprivation.

Multidimensional poverty, a crisis amplified by armed conflicts

Poverty is one of the major "diseases" of the beginning of the 21st century. The interweaving of crises accentuates the gulf between opulent wealth and abject poverty.

JPMorgan: The geopolitical situation will be felt in the price of oil, in the coming period

• The average price of Brent crude oil - estimated at 80 dollars/barrel, at the end of the year

Big with the small, a possible key to success

The national football teams are enjoying a beautiful autumn. The youth obtained the fourth qualification for the final tournament of the European Championship, and the team coached by Mircea Lucescu only won (Cyprus, Kosovo, Lithuania 2) in the...

BRCC Healthcare Forward 2024: Shaping Tomorrow's Solutions

The British-Romanian Chamber of Commerce (BRCC) is proud to announce the 3rd Edition of the Healthcare Forward - Shaping Tomorrow's Solutions event, set to take place on October 22nd, 2024, at the JW Marriott Bucharest, beginning at 9:30 AM

In 2023, global renewable energy production capacity reached an all-time high of 560 Gigawatts, reaching a total of 4,250 GW. If this pace continues, total renewable energy capacity could reach 10,000 GW by 2030, strengthening the transition to a cleaner energy system.

Electricity has entered the age of climate neutrality

More than half of global electricity will come from low-carbon sources by the end of this decade, according to a report published by the International Energy Agency (IEA).

The Minister of Culture invites people to the movie

The Minister of Culture, Raluca Turcan, said that the ministry he leads supports the Astra Film Festival, a non-fiction cinematographic event that "promises unique, profound experiences".

The dollar depreciated against most currencies in 2024

The US dollar fell against most major currencies in 2024 as markets anticipated the first post-pandemic interest rate cut by the Federal Reserve.

From chemical pollution and unsustainable agricultural practices, to the effects of climate change and overexploitation of water, all these challenges require firm and swift action. The AEM report is both a wake-up call and a call to action.

Europe in crisis: water health at risk

Water is one of the vital resources of life which is heavily affected by pollution.

Warning: Increases the risk of social engineering cyber attacks

The National Directorate of Cyber Security (DNSC) has issued a new warning, stressing the importance of vigilance against urgent requests or requests for disclosure of sensitive data, which are increasingly common in the context of cyber attacks.

President Lula expressed his displeasure that the stars of the Brazilian national team who play in European clubs are not sufficiently known to the Brazilian public. He argued that selecting players from the domestic championship would provide more opportunities for young local talent, pointing out that Brazil has players of the "same quality" in its domestic leagues. (Photo source: Facebook/ Lula)

The mix of political leaders in football, a toxic combination

Politicians do not miss any opportunity to show their influence, and sport is no exception. Brazilian President Luiz Inacio Lula da Silva's recent statements regarding the composition of Brazil's national soccer team illustrate a clear...

Hurricane effects: $50 billion in damage

Extreme natural phenomena cause huge damage. An example comes from the United States of America.

Bullying prevention program, expanded to hundreds of kindergartens

The Save the Children Romania organization, with the support of the OMV Petrom Foundation, announced the expansion of the "Let's be friends - Without bullying" program, a project dedicated to preventing bullying in kindergartens....

Gazprom sells hotels and resorts

The Russian natural gas giant Gazprom, which recorded losses of almost seven billion dollars in 2023, announced yesterday that it intends to sell some tourist complexes, according to Reuters.

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...

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.

Cyber security: Romanian students, in the top 10 in Europe

The talent of young people in our country is also fully manifested in terms of cyber challenges. Romania ranked 8th at this year's edition of the European Cyber Security Championship, held in Turin, Italy, with 37 teams entering the competition.

The World Bank report highlights the immense challenges facing the world's poorest countries. Without major international support and domestic economic reforms, these economies remain highly vulnerable to crises and natural disasters, making it urgent to mobilize funds and efforts to support their long-term development.

Report: World's poorest countries hit by record debt and vulnerability to crises

A recent World Bank report shows an alarming situation for the world's 26 poorest countries, which are home to 40% of the people most affected by poverty.

National team: Immediate goal, win in Lithuania

After a convincing win against Cyprus, the Romanian national football team traveled to Kaunas, where they will play their next Nations League match against Lithuania.

The struggle of domestic agricultural producers with supermarkets / Drawing after Goya, by MAKE

How the House of Union converted the support of local farmers into its opposite

The Romanian House of Agri-Food Trade "Unirea" represents one of the most ambitious and, at the same time, controversial government projects in Romania's agricultural sector, established in 2019 under the PSD government led by Viorica...

Creative writing among children, encouraged by Bucharest City Hall

Bucharest City Hall, through the Bucharest Metropolitan Library (BMB), is organizing, today, the award ceremony of the "Green Book of Childhood" Literary Creation Competition.

The cost of living scares more than climate change

Daily expenses scare Romanians more than environmental issues. According to a new report entitled "State of the Climate - Romania 2024", only 4% of Romanians consider climate change to be the most important issue of our time, compared to...