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Top 10 sectors attracting foreign direct investment

Top 10 sectors attracting foreign direct investment

A.V.English Section / 12 august

Foreign direct investment (FDI) flows provide a snapshot of the industries that global investors see as having the greatest growth potential. In 2024, the top ten sectors attracting FDI accounted for $1 trillion in foreign investment, according...

Illustration by MAKE

Climate crisis: Environmental change endangers life

Dan NicolaieEnglish Section / 4 august

Dan Nicolaie

The climate crisis is one of the greatest and most complex challenges facing humanity in the 21st century. Although warning signs have been emerging for some time, the pace and scale of change have become alarming in recent years, affecting all...

FAO: World food prices fall

FAO: World food prices fall

V.R.English Section / 9 iunie

The global food price index fell in May, thanks to the decrease in the quotations of cereals, sugar and vegetable oils, the United Nations Food and Agriculture Organization (FAO) announced on Friday, Reuters reports, according to Agerpres.

Geopolitical tensions fuel oil prices

Geopolitical tensions fuel oil prices

V.R.English Section / 3 iunie

Crude oil prices rose on the global commodity market yesterday as geopolitical tensions escalated after Ukraine targeted several Russian military air bases as Kiev and Moscow prepared for peace talks in Istanbul, dmarketforces.com reported.

Pandemic agreement adopted at WHO

Pandemic agreement adopted at WHO

O.D.English Section / 21 mai

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...

Photo source: Lukoil

EU wants to reduce price cap for Russian oil

V.R.English Section / 20 mai

The European Union will propose this week to finance ministers from the group of highly industrialized countries (G7) to reduce the current price cap of $60/barrel, which applies to Russian oil delivered by sea, as part of a new package of...

Strong profit growth for IAR Brasov

Strong profit growth for IAR Brasov

A.I. Ştiri utilitare / 16 mai

Aeronautical company IAR Brasov (IARV) reported a net turnover of 150.5 million lei for the first quarter of the year, 27% higher than in the first three months of 2024, while net profit amounted to 15.5 million lei, more than double that...

Photo source: facebook / Ministerul Apărării Naţionale, România

Huge european defense financing gap

George MarinescuEnglish Section / 4 martie

The European defense financing gap amounts to 850 billion euros, according to two analyses published on the Zerohedge website and using statistical data provided by NATO, the Kiel Institute for the Global Economy and Exante Data. This deficit is...

Berlin rules out relaunching Nord Stream 2

Berlin rules out relaunching Nord Stream 2

V.R.English Section / 3 martie, 19:22

German Foreign Minister Annalena Baerbock recently ruled out, in Kiev, where she paid a visit at the end of her term, any relaunch of the Nord Stream 2 gas pipeline project to supply Europe with Russian gas, a possibility recently raised by...

Republic of Moldova on the brink of an energy crisis

Republic of Moldova on the brink of an energy crisis

O.D.English Section / 13 decembrie 2024

The Prime Minister of the Republic of Moldova, Dorin Recean, yesterday asked the Parliament in Chisinau to declare a state of emergency in the energy sector for a period of 60 days. The decision comes against the background of the risk of ceasing...

The price of oil is rising strongly

The price of oil is rising strongly

V.R.English Section / 3 octombrie 2024

Oil futures quotes rose by around 3% yesterday, on the international stock exchanges, against the backdrop of escalating tensions in the Middle East, as concerns are fueled that Iran's military attack against Israel could lead to new...

In dozens of towns in central Sicily, water is rationed and citizens are forced to rely on water delivered by tankers, which can cost families and businesses up to 300 euros a month.

Effects of drought: speculate with water

O.D.English Section / 28 august 2024

The severe drought affecting the Italian island of Sicily has reached critical heights, leaving many residents of the town of Caltanissetta without running water for over two months. In a situation more reminiscent of the difficulties of...

Global oil demand estimates worsen

Global oil demand estimates worsen

V.R.English Section / 14 august 2024

The International Energy Agency (IEA) yesterday kept its forecast for global oil demand unchanged in 2024, but downgraded estimates for 2025, citing the impact of Chinese consumption, according to Reuters.

China is conquering Europe's port infrastructure

China is conquering Europe's port infrastructure

George MarinescuEnglish Section / 29 iulie 2024

China is conquering the port infrastructure in Europe while the European Commission seems concerned only with supporting Ukraine and less with combating its influence on the territory of the European Union. According to several articles published...

Photo source: facebook / Ligia Deca

Education: 45% increase in open-ended positions

O.D.English Section / 19 iulie 2024

Domestic education is in full adjustment period. The Minister of Education, Ligia Deca, stated that, at the national level, the number of positions put out to competition for employment for an indefinite period (tenureable) has increased by 45%...

Holiday destination affected by heat wave

Holiday destination affected by heat wave

O.D.English Section / 6 iunie 2024

One of the holiday destinations of Romanian tourists is affected by a strong heat wave. Temperatures in Cyprus, including the capital Nicosia, are expected to rise to 42 degrees Celsius by the middle of this week, the Cyprus Meteorological Office...

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