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Economy

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Science&Technology

Mergers: Commission approves acquisition of Nuance by Microsoft

Newsdesk -
The European Commission has approved unconditionally, under the EU Merger Regulation, the proposed acquisition of Nuance Communications, Inc. (‘Nuance') by Microsoft Corporation (‘Microsoft'). The Commission concluded that the transaction would raise no competition concerns in the European Economic Area (‘EEA').
International

The EC is imposing new rules on online businesses

Gaston de Persigny -
The European Commission has proposed new strict rules for online businesses such as Uber and the many food delivery platforms, according to a statement on the institution's website. The EC proposal aims to classify...
SPONSORED

finMED aims to increase funding for green innovation

Newsdesk -
Small and medium-sized enterprises (SMEs) are the driving force of the economy, both nationally and at European level, contributing significantly to job creation, value-added production and make a significant contribution to both national and European GDP.
Economy

Inflation rate hit a record high in the Eurozone in November 2021

Newsdesk -
The inflation rate reached a record high of 4.9 percent in November 2021 in the nineteen Eurozone countries, the highest since the European statistics institute Eurostat began its estimates more than two decades ago. A...
Economy

Trump received a billion to launch a new social network “Truth Social”

Gaston de Persigny -
Trump's media group has received a billion dollar investment. The ex-president is going to launch his "anti-face" at the beginning of the new year Former US President Donald Trump's media group said it received a...
Economy

India: Complete ban on all private cryptocurrencies

Newsdesk -
India: Complete ban on all private cryptocurrencies and time for asset withdrawal The government has yet to give a clear definition of a private cryptocurrency It is reported that the Indian government will pass a bill...
Economy

Russia struck a preemptive blow with a crowbar, ahead of Europe

Newsdesk -
This week the Russian government decided to increase the export duty on ferrous scrap from 70 to 100 euros per tonne. The new rate will be in effect from January 1, 2022 and has,...
Economy

EU agrees on a common position on minimum wage directive

Newsdesk -
Social Europe continues to move forward and is a little closer to putting in place a common European system for the establishment of living minimum wages throughout the European Union
Economy

Britain facing a dry regime for Christmas

Gaston de Persigny -
The British are already struggling with the crisis with a shortage of truck drivers Supermarkets in the UK are facing serious delays in alcohol orders before the festive influx for Christmas and New Year. Champagne,...
Economy

Financing sustainable development needed more than ever, says UN deputy chief Mohammed 

Newsroom -
Securing the funding needed for sustainable development by involving as many actors from different sectors as possible, is more urgent than ever, amid a widening “trust deficit” between the haves and the have-nots, the UN Deputy Secretary-General said on Monday. 
America

The United States unexpectedly began to buy another type of fuel from Russia

Newsdesk -
With one hand, the United States is imposing sanctions against Russia and praying for "green" energy, while with the other it is buying more and more Russian traditional hydrocarbons. Until recently, the United States...
Economy

Nile can become an international transport artery

Gaston de Persigny -
The corridor will start from the source of the longest river in the world - Lake Victoria Egyptian Minister of Irrigation Mohamed Abdel Ati presented a project for a transport corridor between Lake Victoria and...
Economy

Strategic cooperation between Gazprom and ENGIE underpinned by long-term contracts

Newsdesk -
November 16, 2021, 15:55 A working meeting of Alexey Miller, Chairman of the Gazprom Management Committee, with Jean-Pierre Clamadieu, Chairman of the Board of Directors of ENGIE, and Catherine MacGregor, Chief Executive Officer of ENGIE, took place today via a conference call. It was noted...
Economy

Sberbank will sell banks in Europe with assets worth € 7.3 billion

Newsdesk -
Sberbank will sell several subsidiaries in Central and Eastern Europe. The deal will amount to about € 500 million. The largest Russian bank is reducing its presence abroad due to sanctions and the geopolitical...
Economy

ECB: a rate hike in 2022 is “very unlikely”, says Lagarde

Newsdesk -
Marie-Lan Nguyen  The president of the European Central Bank, Christine Lagarde, said on Wednesday that it was "highly unlikely" that the bank would raise its key interest rates in 2022, as other major central banks...
Economy

Printing food coupons and eating swans: innovations in North Korea amid food and economic problems

Gaston de Persigny -
From printing coupons as a substitute for money to raising ornamental black swans for food, North Korea has been forced to innovate to deal with economic problems and food shortages as the closure of...
Economy

Oil: rising prices boost Saudi giant Aramco’s net profit

Newsdesk -
Saudi Arabian oil giant Saudi Aramco saw its net profit rise by 158% in the third quarter of 2021, thanks in part to the rebound in oil prices and demand. Saudi Arabia's state-owned company, the...
Economy

OECD: There is no way to know whether Bulgaria exports corruption abroad

Newsdesk -
Is it possible that the country of the European Union, considered by its citizens to be the most corrupt for years, does not export corruption abroad? The answer, according to a new report by...
Economy

Gazprom smiles at Bulgaria with transit fees

Newsdesk -
The revenues of the Bulgarian GTS operator from the transit of Russian gas through the country continue to grow as the European branch of the Turkish Stream reaches full capacity. In the first half...
Economy

British collapse: Deficiency of an important metal hit English pies

Gaston de Persigny -
The problem for pie makers stems from a shortage of foil boxes and persistent supply problems No time for pies. The UK is on the brink of a bakery crisis, as foil shortages could affect...
Economy

Mortality tied to income

Newsdesk -
In poor countries, young people died more often from COVID-19 The World Bank estimates that relatively young people in middle-income countries have died from coronavirus more often than in wealthier regions of the world. Among...
Economy

Germany reduces electricity charges

Newsdesk -
The German government will drastically reduce the electricity consumption tax from 2022 to ease the burden on consumers, network operators said. The fee under the Renewable Energy Sources (EEG) Act, used to finance the expansion...
Economy

Russia increases coal supplies to Europe and Asia by 12%

Newsdesk -
Coal deliveries from Russia to Europe and countries from the Asia-Pacific region increased by 12% on an annual basis. This was stated in an interview for "Rossia 24" television by the Minister of Energy...
America

Payback Hour: Apple, Google, and Facebook have all evaded taxes for years. How will 130 countries of the world make them pay billions? (2)

Newsdesk -
Payback Hour: Apple, Google, and Facebook have all evaded taxes for years. (2) Not everything is smooth However, there are much more differences in national interpretations than similarities, which only creates confusion. For example, in...
America

Payback Hour: Apple, Google, and Facebook have all evaded taxes for years. How will 130 countries of the world make them pay billions? (1)

Newsdesk -
The world's most powerful and wealthy countries have decided to take seriously the problem that has robbed them of billions of dollars for years - taxing digital companies whose products are difficult to account...
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