Rising Inflation in Hungary Leads to Mass Withdrawal of Savings and Increased Government Bond Purchases

Rising Inflation in Hungary Leads to Mass Withdrawal of Savings and Increased Government Bond Purchases

Hungarians do not believe that the economic situation in the country will improve and that consumer prices will go down. Due to inflation, which is now the highest in the European Union, they are withdrawing their savings from banks en masse. They buy government bonds for them because they assume that the state will not … Read more

Apple Begins Production of iPhone 15 in India and Sets Potential Release Date

Bloomberg News reported that apple company Inc. has already begun production of the iPhone 15 in India in preparation for possible sales next month. India used to produce older iPhones, but has recently begun producing new iPhones. It is expected that Apple is set to hold an iPhone 15 launch event in September, possibly on … Read more

Apple Rumored to Release “Apple Watch X” for the 10th Anniversary

Apple Rumored to Release “Apple Watch X” for the 10th Anniversary

AppleCelebrating the 10th Anniversary of the Apple Watchdeath,Preparing a major update model “Apple Watch X”there is a possibility. Bloomberg’s famous reporter Mark Gurman who is familiar with Applelatest newsletteraccording to,Announcement will be in 2024 or 2025(The first Apple Watch was announced in 2014 and released in 2015). “Apple Watch X”Thin casehas beenNew way to attach … Read more

Italian Government Includes Bank Windfall Tax in Wide-Ranging Measures to Boost State Revenue

Italian Government Includes Bank Windfall Tax in Wide-Ranging Measures to Boost State Revenue

The government has included the bank windfall tax in a wide-ranging package of measures ranging from taxi licenses to foreign investment. According to the agency ANSA, the tax could bring over two billion euros (48.5 billion CZK) to the state coffers. According to Reuters sources, the government expects to collect less than three billion euros … Read more

The Uncertain Future of US LNG Export Projects: Will the Boom Last?

The Uncertain Future of US LNG Export Projects: Will the Boom Last?

The energy crisis triggered a record increase in the number of projects for the export of LNG from the United States. There are now more than 36 million tons of contracts signed a year, giving America’s export capacity a huge boost. The volume of investments in 2023 in new infrastructure projects is growing at a … Read more

Russian Billionaires: Vagit Alekperov, Vladimir Lisin, Leonid Mihelsons, and Gennady Timchenko Lead the Wealth Rankings

Russian Billionaires: Vagit Alekperov, Vladimir Lisin, Leonid Mihelsons, and Gennady Timchenko Lead the Wealth Rankings

In total, 24 Russian citizens are included in the Bloomberg list of the 500 richest people in the world. Vagit Alekperov, the president of the company “Lukoil”, who has earned almost five billion dollars since the beginning of this year, has seen the fastest increase in wealth. The total amount of his wealth has grown … Read more

Global Current Affairs, Industry, Fashion, Economics, Sports, and Travel: News Roundup

Global Current Affairs, Industry, Fashion, Economics, Sports, and Travel: News Roundup

global current affairs 4D9eLNDWNCaarticleForeign media: India’s “worst train collision of this century”world.huanqiu.com 4D9dthvfbc9articleNATO Secretary-General: Ammunition stocks of NATO members have bottomed out due to aid to Ukraineworld.huanqiu.com 4D9aXnD89eTarticleNATO Secretary-General accused China of threatening its neighbors, our embassy in Norway refuted itworld.huanqiu.com 4D9SO0uAlCDarticleAmerican scholars: It is difficult to persuade business leaders to “decouple” from Chinaoversea.huanqiu.com 4D9YBSky0Fuarticleexposure! … Read more

Norway Imposes New Tax on Wind and Hydropower Plants, Potentially Causing Bankruptcy, Analysts Warn

Norway Imposes New Tax on Wind and Hydropower Plants, Potentially Causing Bankruptcy, Analysts Warn

While the European Union plans to spend hundreds of billions of euros in the coming years to support green energy sources such as wind farms, solar panels and heat pumps, Norway, as part of the fight against inflation and deficit budgets, has imposed a new tax of 40% on ecological wind and hydropower plants. That … Read more

Brazil’s President advocates for BRICS currencies to replace the dollar in global commerce.

Brazilian President Luis Inacio Lula da Silva has urged the BRICS nations to find a new currency to replace the US dollar when trading with other countries. It supports China’s efforts to challenge US power. as he prepares to meet with Chinese President Xi Jinping in Beijing Bloomberg News reported that The comments were made … Read more