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22 februarie 2021
A debt of $281 trillion cannot be stabilized with a GDP of $79 trillion

Financial mathematics on a planetary level - trillions have become chump changeA debt of $281 trillion cannot be stabilized with a GDP of $79 trillion

Călin RecheaEnglish Section / 18 februarie 2021

The global debt has increased 24.1 trillion dollars în 2020, amid extraordinary programs to combat the coronavirus pandemic, amid a decline of nearly $ 1 trillion in Global Gross Domestic Product, according to the latest Global Debt Monitor (GDM) report from the Institute of International Finance (IIF)

The agony of the concrete economy and the PM's statistics induced ecstasy

The agony of the concrete economy and the PM's statistics induced ecstasy

MAKE (TRANSLATED BY COSMIN GHIDOVEANU)English Section / 17 februarie 2021

In the same country, in the same capital, on the same day, at the same time, CFR members protest, hoteliers and restaurateurs protest, a police union protests in front of the Government building, and the Prime Minister exults with joy and celebrates his economic achievements which he claims have amazed Europe.

Financial reality allows itself to be penetrated by virtual currencies

Financial reality allows itself to be penetrated by virtual currencies

ADELINA TOADER (Translated by Cosmin Ghidoveanu)English Section / 16 februarie 2021

Cryptocurrencies can no longer be ignored by banks and categorized as a fringe movement, something which has become increasingly evident lately as investment in the cryptocurrency market has grown considerably, and high-profile names such as Elon Musk are promoting the widespread adoption of digital currencies

The takeover of Electroargeş SA, blocked by the initiative of a former member of the Board of Directors of SAI Muntenia Invest

THE ASF, THE INSTITUTION OF THE DRĂGOI CLAN?The takeover of Electroargeş SA, blocked by the initiative of a former member of the Board of Directors of SAI Muntenia Invest

GEORGE MARINESCU (TRANSLATED BY COSMIN GHIDOVEANU)English Section / 15 februarie 2021

The Financial Oversight Authority does not hesitate to amaze us every day through its rulings made in certain cases, in which either the Drăgoi family is involved, or its employees appear ephemerally, who make allegedly totally disinterested complaints meant to obstruct any initiative regarding profitable companies.

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Currency war against European citizens

Currency war against European citizens

CĂLIN RECHEA (TRANSLATED BY COSMIN GHIDOVEANU)English Section / 2 februarie 2021

European Central Bank officials recently came to the press with statements questioning the "truth value" of the declarations made by the institution's president, Christine Lagarde.

"Energy consumers need to escape the captivity of the universal service"

THE BURSA VIDEOCONFERENCE - "ELECTRICITY ON THE FREE MARKET. BILLS: WILL THEY GET HIGHER OR LOWER?" / NICULAE HAVRILEŢ, STATE SECRETARY, MINISTRY OF ENERGY:"Energy consumers need to escape the captivity of the universal service"

A.V. (TRANSLATED BY COSMIN GHIDOVEANU)English Section / 27 ianuarie 2021

The current concern in the electricity sector is for all consumers to enter the competitive market, and the most important thing is that they "escape captivity," according to Niculae Havrileţ, secretary of state in the Ministry of Energy.

The time for censorship

The time for censorship

Cătălin Avramescu(Translated by Cosmin Ghidoveanu)English Section / 12 ianuarie 2021

Twitter has permanently shut down the Donald Trump's account. For some, that may seem like good news. The man has done much lately. Some of his actions may even land him in court. But my problem, right now, is not what he's done.

The medical system needs sound economic foundations

The medical system needs sound economic foundations

Theodor Srtolojan (Translated by Cosmin Ghidoveanu )English Section / 11 ianuarie 2021

In 2020, in Romania, the pandemic triggered by Covid19 highlighted the vulnerabilities of the public (state) health system both at the level of medical units and at the national level. I am thinking of the precarious medical infrastructure, not...

God save America!

EUGEN MIHĂESCU (Translated by Cosmin Ghidoveanu)English Section / 8 ianuarie 2021

EUGEN MIHĂESCU (Translated by Cosmin Ghidoveanu)

I view the elections in the American presidential election of November 2020 to those that the communists stole after WW2 in November 1946. That is after I watched closely the actions of the team of lawyers that Donald Trump hired. But we may...

The Romanian Television scandal, far from over

The Romanian Television scandal, far from over

MediaSind (TRANSLATED BY COSMIN GHIDOVEAEnglish Section / 5 ianuarie 2021

MediaSind Romanian Union of Journalists, together with its subsidiary MediaSind TVR, in agreement with resolutions voted by the MediaSind Romanian Union of Journalists and its affiliated members in the General Shareholder Meetings, have...

"There are positive signs for the residential market"

THE "INFRASTRUCTURE AND REAL ESTATE - KEY AREAS FOR ECONOMIC DEVELOPMENT" CONFERENCE / ANDREEA COMŞA, MANAGING DIRECTOR OF "PREMIER ESTATE":"There are positive signs for the residential market"

ALINA VASIESCU (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 19 decembrie 2020

2015 predictions for the year 2015 indicate its stabilization, and growth, respectively, if the main factors behind this year's growth remain unchanged, says Andreea Comşa, managing director of "Premier Estate".

"I see a ministry of digital transformation that would act vertically and an active CIO, which coordinates IT horizontally"

THE BURSA VIDEOCONFERENCE - "CYBERNETIC SECURITY" / MARIAN MURGULEŢ, STATE SECRETARY, GOVERNMENT CIO:"I see a ministry of digital transformation that would act vertically and an active CIO, which coordinates IT horizontally"

GEORGE MARINESCUEnglish Section / 16 decembrie 2020

The digital transformation of the economy represents a challenge for the political decision makers in Bucharest, as it represents an important objective of the European Commission meant to contribute to economic decarbonation.

Votes in times of Covid

Votes in times of Covid

Cristian Pîrvulescu (TRANSLATED BY COSMIN GHIDOVEANU)English Section / 8 decembrie 2020

The stake of the parliamentary elections of 2020 should have been the reformation of the government, of the administration and public sector. The crisis caused by the Covid pandemic has shown the weaknesses of this ancient political organization....

The New York Stock Exchange believes in Trump

The New York Stock Exchange believes in Trump

A.V. (TRANSLATED BY COSMIN GHIDOVEANU)English Section / 1 decembrie 2020

US stock markets believe in the victory of the current US president in the November 3 election, as their November evolution shows. US stock markets rose with the tech sector making significant gains after Republican Donald Trump announced himself...

Renate Weber on the turf of the PSD - The ombudsman

George MarinescuEnglish Section / 12 noiembrie 2020

Renate Weber is to the Ombudsman what Valer Dorneanu is to the Constitutional Court: a political representative, heavily anchored in the past, who, instead of reforming the institution they are in charge of, has turned it into a tool they use as...

The statue of Christopher Columbus in Minnesota, a symbol of the new world, was torn down on June 10th by a group of protesters led by the American Indian Movement, amid the anger over the killing of George Floyd, a black man, by a policeman.Protesters threw a rope against the bronze statue and have brought it down from its stone socket, saying they viewed Columbus as a symbol of genocide against American natives. Once brought down, protesters sang and danced around it, in a dramatic show of defiance against a significant in America's recent history whose reputation is now associated with the assassination and enslavement of indigenous peoples. Their gestures send a direct message: "Good bye, White America!"

REPORT FROM THE U.S.Goodbye, America!

DOREL NĂSUI (TRANSLATED BY COSMIN GHIDOVEANU)English Section / 12 noiembrie 2020

DOREL NĂSUI (TRANSLATED BY COSMIN GHIDOVEANU)

Nothing is made to last forever. Not even great empires. History has its own specific way of beibg written, based on causal events, as well as random ones, so that the future cannot be predicted only based on past developments.

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