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Democracy under guardianship: AEP wants the power to dissolve parties

Democracy under guardianship: AEP wants the power to dissolve parties

George MarinescuEnglish Section / 25 august

Only a few days after the scandal caused by the new ANI law and CCR Decision no. 883/2026, which paved the way for the termination of the mandates of some local elected officials based on a regulation subsequent to the sanctioned acts, the Permanent Electoral Authority proposes a new law on political parties, through which it requests almost the entire administrative power over their establishment, operation, reorganization and dissolution.

Russia's partners buy its oil, but don't lend it money

Russia's partners buy its oil, but don't lend it money

Mori SavirZiarul BURSA #English Section / 25 august

Foreign buyers of oil and gas cover less than half of the cost of Russia's war, and they don't lend it any money at all. There is, in verifiable accounts from 2026, no line of credit opened to the Russian state or Russian banks by a BRICS government or bank. Chinese banks are even restricting trade payments. External support is large, but it is not decisive and it is not financing - and hence the rest must be taken from within.

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How Inflation Eroded $100, from 2019 to 2026

How Inflation Eroded $100, from 2019 to 2026

A.V.English Section / 21 august

The US dollar has lost nearly 23% of its purchasing power since the end of 2019 Switzerland has retained the most purchasing power, losing less than 7% Turkey has seen the steepest decline, with its purchasing power diminished by nearly 90% 

When three books make a trilogy

When three books make a trilogy

by Florian Goldstein (MAKE)English Section / 21 august

by Florian Goldstein (MAKE)

Today we publish "The Constitution of Effective Freedom E”, a description in normative language of the desirable society, which provides the occasion for the launch of ILEB - the BURSA Effective Freedom Index, which establishes, in...

The Biggest Oil Supply Disruptions in History

The Biggest Oil Supply Disruptions in History

A.V.English Section / 19 august

The closure of the Strait of Hormuz caused a supply loss of 10.1 million barrels/day in March 2026, the largest shock ever recorded in the crude market The loss was almost twice as large as that during the Iranian Revolution, the next largest...  

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25 Aug. 2026
Euro (EUR)Euro5.2534
Dolar SUA (USD)Dolar SUA4.5014
Franc elveţian (CHF)Franc elveţian5.6099
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