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26 august,

The Biggest Risks to the US Economy in 2026

• The Top Threat - A Correction in AI Investments • Next in line are Escalating Geopolitical Conflicts and High Energy Prices

Political note for the "Fritz amendment”: Commission may block 770 million euros from the PNRR

The leaders of the EPP and Renew Europe, Manfred Weber and Valerie Hayer, sent a letter to the President of the European Commission, Ursula von der Leyen, warning that the "Fritz amendment”, adopted by the PSD-AUR majority and validated by the Constitutional Court, violates the rule of law and European Union legislation.

Growth above expectations for the German economy

German authorities have revised upwards the figures for the evolution of the Gross Domestic Product (GDP) in the second quarter, mainly due to an increase in exports, an evolution that defied the energy crisis triggered by the war in the Middle East, AFP reports, according to Agerpres.

International "George Enescu” Competition: 819 musicians from 58 countries entered the competition for excellence

The 20th edition of the International "George Enescu” Competition began in Bucharest and runs until September 19, at a time when the Romanian capital is consolidating its role as an international center of classical music for almost a month.

Cultural unionists take steps to trigger a general strike

The National Federation of Trade Unions in Culture and Press CulturMedia announced the launch of procedures for consulting employees and collecting the signatures necessary for a possible general strike.

1 Euro5.3485

1 Fr. elveţian5.8104

BNR

1 Liră sterlină6.3851

BNR

1 Dolar SUA4.7640

BNR

1 Gram Aur625.6821

BET35018.02

BET FI113567.93

BET NG2762.65

We are not alone - general political deadlock in European states

The European Union is facing a problem that goes beyond the usual political alternation: in more and more states, parties are no longer able to build stable majorities, and governments are forced to constantly negotiate parliamentary survival.

The central contradiction of the Trump doctrine: The United States wants to use its dominance of the global financial system to the point of its destruction, but it cannot cross the threshold without suffering huge consequences. The weapon is terrifying precisely because it cannot be used without limits. (Photo source: facebook / The White House)

The Trump Doctrine: economic war with allies, but also with enemies

Donald Trump has built his entire foreign policy doctrine on a simple, brutal and dangerously seductive belief: the United States is so powerful, rich and indispensable that any adversary can be brought to its knees and any ally can be forced to...

New Salary Law, Contested by Unions in Health, Culture and Press

NASA Experiment: Terrestrial Life Could Survive on the Moon

Study: Solar power reduces bird diversity in China

Nordic Football Associations Call for Radical Reforms at FIFA

Democracy under guardianship: AEP wants the power to dissolve parties

The political crisis, prolonged by the PSD

Russia has exhausted three of the four sources of financing the war

A state always pays for the war in the same order: from reserves, from loans, from taxes, from issuing currency.

Bank of Russia lends to banks, so banks lend to the State

The Russian state lost its bond buyers in July, and the banks that were supposed to buy them are losing seven months of deposits. The gap has been filled by the central bank, which has become the main provider of liquidity to the banking system....

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

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...

Gold and oil - on a strong positive course, but for different reasons

The price of gold ended a week on Friday with a significant upward course, this being the third consecutive week of growth for the yellow metal.

Poll: Americans Disapprove of US-Israel Military Integration

The provisions of the Pentagon bill approved by the House of Representatives, through which the military relationship between the United States and Israel would be transformed into a permanent institutional mechanism for research, production,...

El Nino reaches record level and could make 2027 the warmest year on record

Artificial Intelligence is Changing Workplace Relationships

Heatwaves cause record number of deaths in Germany and Spain

European Commission launches guide that changes the battery market

SUPPLEMENT BURSA / CONSTITUTION OF FREEDOM "E"The Constitution of Effective Liberty (E)

• TITLE I - THE PERSON, LIFE WITH PURPOSE, AND LIBERTY

How Inflation Eroded $100, from 2019 to 2026

• 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

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...

Humanoid robots are preparing for their own technological revolution

Merck and Moderna announce positive results for mRNA vaccine against skin cancer

Goldman Sachs: Artificial Intelligence is starting to reduce labor demand in developed economies

SUPPLEMENT BURSA / CONSTITUTION OF FREEDOM "E"The Bursa Index of Effective Liberty

• BIEL 2026 • Global Ranking • 188 national systems

Carpatica Feroviar, the Army's strategic transporter

TechUp Romania, the new support scheme approved by the Government

SUPPLEMENT BURSA / CONSTITUTION OF FREEDOM "E"The BIEL Methodology

• Indicators • Thresholds • Sources • Calculation Protocol

SUPPLEMENT BURSA / THE CONSTITUTION OF LIBERTY "E"Preface

The Constitution of Liberty "E” is not a draft law intended for immediate adoption, but a description of a desirable society - a normative model against which the legitimacy of any social order can be measured.

Bogdan Drăgoi closes the circle around FP: only the installation of SAI Muntenia Invest is missing

Lion Capital's acquisition of the shares held by Slovenian investors in Fondul Proprietatea is not only the transaction through which the company led by Bogdan Drăgoi becomes the largest shareholder of FP, but is also the penultimate step of...

Dentists demand full reimbursement of dental treatments for children

Romania's largest student dormitory inaugurated in Timisoara

Climate change has caused record temperatures in waters around Europe

The World's Most Valuable Food Commodities

• Milk ranks first, by production, followed by rice and pork • Animal products occupy five of the top eight spots

Save the Children calls for the abandonment of competitive admissions organized by high schools

Study: Global warming will expose the elderly to greater risks than previously estimated

Alexandru Rogobete complains about discontinuities in oncology patients' access to reimbursed medicines

Antarctic plant model for crops resistant to extreme conditions

Minister of Education: Decisive weeks for PNRR investments in education

Investments in HoReCa are slowing down

Energy crisis makes SME bills more expensive

Florin Jianu, President of IMM Romania: "We will have an implementation rate of a maximum of 50% of the amount allocated to the PNRR”

LAPAR: Transit of Ukrainian grains through our country must be strictly monitored

The Biggest Oil Supply Disruptions in History

• 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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