Economics

Reconstruction Under Air Defence Umbrella

The “Ukraine Recovery Conference 2024” took place in Berlin on 11 and 12 June. This event significantly differed from the previous two conferences held in Lugano, Switzerland, in 2022, and London, United Kingdom, in 2023. Two main issues dominated the discussions this year: the...

Oil Rockers Tend to Go Down

A week after the latest OPEC+ meeting, an unexpected trend has emerged: oil prices are falling. Such meetings are typically aimed at raising prices through coordinated market actions by OPEC countries and their allies within the oil-exporting cartel. This is an intriguing signal, not only because...

War in Ukraine Drives Up Prices in Europe

Inflation in the eurozone in May 2024 is not just about prices; it also ties into the upcoming European Parliament elections and the actions of the European Central Bank (ECB), whose interest rates impact the cost of credit and much more. What is currently driving...

Trade War Escalates into a Warmer Phase

Dumping of electric vehicles and solar panels, technological assistance to Russia’s aggression in Ukraine, muscle-flexing in the Taiwan Strait, and attempts to solve internal problems by expanding exports—these are the grievances against China expressed by both the US and the EU. It appears we are witnessing the start...

Hungary to Allow Banks to Offer Crypto-Related Services

Hungary plans to allow banks, investment funds and asset managers to provide private and corporate clients with services in the digital asset market, Bloomberglaw reports. Currently, the Hungarian government has begun to coordinate the relevant draft law. It will allow financial institutions not only to conduct transactions...

Politics

G7 Against World War III

The G7 summit held in Apulia, southern Italy, focused on the war in Ukraine, the conflict in Gaza, issues in Africa, illegal migration, and China’s aggressive trade expansion. Sustainable development goals, including climate challenges, were also extensively discussed. Five of the eleven points in the...

Vengeance Through the Centuries

Austria was the first to support stripping Hungary of its voting rights in the EU. Vengeance through the centuries. How would it be in German: this is for our Karl Habsburg, you bastards! Seriously though, the treachery of the Hungarians equals that of the...

If You Want Peace, Prepare for War

Small Lithuania invites German Rheinmetall to produce ammunition, Italian troops train on firing ranges, and Estonia shows record defence spending relative to its GDP. Europe has begun to take the threat from Russia seriously. Global defence spending has reached record levels, surpassing that of...

Romania Building Largest NATO Base in Europe

Construction has begun on the largest NATO base in Europe in Romania, where up to 10,000 servicemen and their families will be accommodated. The Mihail Kogălniceanu military complex will cover an area of 2,800 hectares with a perimeter of 30 km. The preliminary cost...

Don’t Give Gifts to Putin

Late in the night from December 6 to 7, U.S. President Joe Biden directly termed the actions of Republican congressmen as political blackmail, accusing them of exposing the world to excessively high risks. Simultaneously, he proposed a compromise regarding the security program for the...

Life

From Ukraine with Love: Seven Celebrities with Ukrainian Roots

“The Ukrainian trace” can be found in global cinematography, music, IT industry, sports, painting, and literature. Some celebrities were born in Ukraine and remember its language and traditions, while others only have faint memories of their ancestors’ homeland. However, Ukraine is more than just...

Top 10 Best Winter Resorts in Eastern Europe

Emotional and physical fatigue, chronic illnesses, and boredom – all accumulate in our bodies and minds throughout the year, so if we don’t take action, 2024 certainly won’t be better than 2023. While one could take a New Year vacation and embark on an...

Vanga’s 2024 Prophecies and Other Psychics Worth Attention

The legendary blind woman Vanga, nicknamed the “Balkan Nostradamus,” passed away in 1996. However, her students documented numerous pre-death prophecies, including some intriguing ones for the year 2024. Vanga’s extrasensory abilities emerged during the early days of World War II when, after catching a...

Technology

Most Destructive Computer Program Failures

When you regularly follow the latest in technology and modern innovations, there comes a moment when the thought arises that we have been living in a cyberpunk era for quite some time, albeit without mutants and flying cars. However, every modern device is a...

Victory’s Arsenal: Battle for the Skies

The importance of mobile systems countering aerial threats in modern warfare is difficult to overstate. Portable anti-aircraft complexes and short-range air defense systems have played and continue to play a significant role on the battlefields of the Ukrainian-Russian war. They are instrumental in downing...

Victory’s Arsenal: Javelin and Other «Darts»

Since the onset of the full-scale invasion by the Russian Federation, Ukraine has acquired a fairly substantial and diverse arsenal of armaments and technology from Western allies – ranging from portable anti-tank missile systems to modern, highly effective air defense systems. Soon, Ukraine’s airspace...

Culture

Ten Oldest Opulent Opera Houses in Europe to Impress

An opera house is an important and luxurious part of cultural history, reflecting the style of its city and the traditions of its country. Historic iconic buildings of opera houses are never repeated and you will not find two identical opera houses in the...

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