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Turkey is facing one of the worst wildfires in recent years. More than 50,000 people have been evacuated in the last 48 hours, in the context of forest fires that have mainly affected the provinces of Izmir, Manisa and Hatay, the Turkish Disaster...

The Supreme Council for National Defense (CSAT), led for the first time by President Nicuşor Dan, met yesterday at the Cotroceni Palace, in a meeting that lasted over three and a half hours. The meeting also marks the first participation of the...

The S&P 500 index reached a new all-time high at the end of last week, after a spectacular recovery from the fall that began in February, triggered by Donald Trump's declarations regarding the imposition of tariffs in the United States of...

Reporter: You are at the end of your mandate as general manager. Remus Vulpescu is next.

More than half of Europe and the Mediterranean region were affected by drought at the beginning of June 2025, marking an absolute record for this time of year, according to an analysis by AFP based on data provided by the European Drought...

May 2025 represented a rare moment of political intensity for Romania, with a tense electoral climate, spectacular reversals and major consequences in the governance landscape. It all started with the first round of the presidential elections on...

Education Minister Daniel David, at the beginning of his second term, announces a series of profound reforms, motivated by the economic crisis and the urgent need to streamline the system. With an honest and emphatic tone, David states that he is...

Central banks around the world expect the share of gold holdings in their reserves to increase over the next five years, while the share of the dollar in their reserves is expected to decrease, according to a study by the World Gold Council...

Listing of profitable state-owned companies on the Bucharest Stock Exchange seems not to have removed the habits of the political managements appointed to these companies regarding the collection of huge incomes, bonuses and increases, even if...

For the sustainability of public debt, given that the budget deficit reached 9.3% of Gross Domestic Product last year, a massive fiscal adjustment is necessary, i.e. a drastic reduction in public spending and better collection of revenues to the...

Reporter: What were your first steps to becoming an Elite Pro investor?

The European Union's agricultural sector loses an average of 28.3 billion euros annually from extreme weather events, which are being exacerbated by climate change, according to a study cited by Reuters. Only a small part of the losses is...

The World Health Assembly (WHA) - the main decision-making body of the World Health Organization (WHO) - has adopted a crucial agreement on preventing, preparing for and responding to future pandemics. With 124 votes in favor, none against and 11...

The situation in our country, before the elections of May 18, is creating tension in society. Promises are being made, scenarios are being floated that are meant to create panic, and the impression is that we are on the edge of an abyss. In this...

The Recovery and Resilience Mechanism cannot be considered a truly "performance-based" instrument, states a report published last night by the European Court of Auditors (ECA). The cited document states that, although payments are not...

Romania's entry with land borders into the Schengen area, one of the most important diplomatic achievements of the beginning of the year, was quickly overshadowed by a series of events that strained the country's political, social and...

The Romanian Commodity Exchange (BRM) harshly criticized the management of the Bucharest Stock Exchange (BVB), accusing it of a lack of efficiency and transparency in managing the Central Counterparty project - an essential entity for the...

Europe faced the most extensive floods in the last decade in 2024, with 30% of the continent's hydrographic network affected. According to a joint report by the Copernicus Climate Change Service and the World Meteorological Organization...

Talentele literare ale lui J.D. Vance, autorul romanului "Hillbilly Elegy: A Memoir of a Family and Culture in Crisis", îi sunt deosebit de utile şi acum, în calitate de vicepreşedinte al Statelor Unite ale Americii.

Ten years of presidency ended with a resignation, with Klaus Iohannis thus ending his two terms not in glory, but in disgrace. On February 10, the former president announced his resignation in order to avoid a political crisis generated by the...

Ursula von der Leyen took the first step on Wednesday towards mobilizing European citizens' savings from bank deposits to finance European industry and the defense industry. The 800 billion euros needed annually to implement Draghi's plan...

A recent study published in the journal Frontiers in Environmental Science suggests that fog harvesting could offer a viable solution to water shortages in extremely arid areas, such as Chile's Atacama Desert. The method, which involves...

Klaus Iohannis is leaving Cotroceni today. Definitively, following his resignation, after having served two full terms as president of the country, plus an almost two-month extension granted by the Constitutional Court. Iohannis is leaving...

The year 2024 was marked by economic-financial and socio-political convulsions, which accentuated Romania's vulnerabilities in the face of domestic and international challenges. From the alarming budget deficit to the uncontrolled increase in...

The German company Bosch is facing a reduction of 24% in gross profit achieved last year compared to 2023, due to the crisis facing the automotive industry and the machine construction sector, according to an article published at the end of last...

The decision of the Constitutional Court of Romania (CCR) by which the entire process regarding the presidential elections was annulled on December 6, 2024, represents a dangerous precedent for European democracy, if we take into account the...

Trouble never comes alone, not even in climate issues. The ways in which people consume and feed themselves are causing "interconnected" crises that affect biodiversity, climate and health, threatening the survival of essential ecosystems...

Yesterday, in the plenary session in Strasbourg, the European Parliament approved the new European Commission for the 2024-2029 term, led by Ursula von der Leyen. The vote marks a landmark moment for Romania, as Roxana Mînzatu officially becomes...

Protecting the environment involves enormous costs and clearly not everyone is ready to assume them. Only 41% of companies have implemented climate risk management plans, and the companies with the highest emissions are the most flagrantly...

Bill Gates, co-founder of Microsoft and world-renowned philanthropist, is summoned to the court in the Dutch town of Leeuwarden on Wednesday, November 27, to be heard publicly in the case in which he is accused of fraud and damages caused by the...

Fires have devastated large parts of the world over the past decade. Last year, Europe, the Middle East and Africa suffered some of the worst forest fires since 2000, according to the Forest Fires 2023 report, published by the Commission's...

Elinor Ostrom received the Nobel Prize in Economics in 2009 for her outstanding contributions to the understanding of common resource management and the concept of polycentric governance.

"It's about the economy, stupid," the slogan coined by political strategist James Carville during Bill Clinton's successful 1992 presidential campaign, still rings true more than 30 years later, according to a statista.com...

Romradiatore Braşov (RRD), a company controlled by Transilvania Investments (TRANSI) in which the coach of the Romanian football team, Mircea Lucescu, has a 16.5% stake, reported for the first nine months of the year, total revenues of 20.2...

Billionaire Bill Gates will be tried for alleged damages caused by the promotion of anti-Covid 19 vaccines, according to the decision taken by a court in the Netherlands, cited by the publication France-Soir. The complaint was initiated by a...

With the opening by the Bucharest Court, on October 7, 2024, of the insolvency procedure for the Nordis Management SRL company, following the disclosures published two days before by the Recorder publication, the biggest scandal of recent years...

Ursula von der Leyen, the president of the European Commission, wants to centralize the allocation of funds from the EU budget in the period 2028-2034, which would lead to the cancellation of the financing of cohesion policy projects, which would...

The management of CCP.RO Bucharest recently had a proposal for another software to ensure the functioning of the Central Counterparty, according to our information.

In an unstable economic context and marked by multiple challenges, the debate on the establishment of a Sovereign Investment Fund (SIF) was recently relaunched in the public space, a topic that will be extensively analyzed in an event organized...

Plastic pollution continues to threaten aquatic environments at an alarming rate, with millions of tonnes of waste ending up in rivers and oceans every year. According to a recent report by the Organization for Economic Co-operation and...