The breakdown of the global system is the most serious crisis today
The inflation rate in the US reached 8.5% annually in March, the highest in the last 40 years (1981); and climbed in the United Kingdom to 7% per year in…
Fortum exits Otaniemi geothermal heat project – only hand – warm water comes out of Finland’s deepest hole
Fortum said he would quit on Thursday St1: n The Otaniemi geothermal heat project in Espoo, which has become known for the deepest hole in Finland drilled in Otaniemi. Fortum…
Chinese Shein swells more valuable than H&M and Zara combined – Tiktok sensation launches 6,000 new products every day and now faces criticism and boycotts
Shein is the world’s largest online-only fashion company. The company, which sells huge and rapidly renewing collections at cheap prices, has been blacklisted by responsibility players. Kukkamekko with puff sleeves:…
Finland may stop importing Russian crude oil in July
More than half of Finland’s energy purchases from Russia are crude oil. Its replacement is well under way. Wednesday night On April 6, a guest arrived at the Kilpilahti harbor…
Xfloat unveils first floating solar array in the Golan
On April 10, at the Tzur reservoir, Xfloat introduced the first floating solar panel system (Floating PV), which will provide electricity to the Golan Heights Water Association. The technology used…
‘Open Balkans’ sign posted at Presevo-Tabanovce border crossing
At the entrance to the Presevo-Tabanovce border crossing between Serbia and Northern Macedonia, an “Open Balkans” sign has been set up, marking a strip intended for carriers of companies from…
Is this the Finnish record for rewarding the CEOs of the stock exchange? Juha Varelius of Qt’s rocket set off more than 27 million euros last year
The stock market rocket of recent years Qt Groupin managing director Juha Varelius has collected record incentive payments in the financial year 2021, according to the company ‘s annual report.…
The Russian airline IrAero will launch direct flights from Moscow to Tel Aviv from April 18, ATOR reports.
Transportation will be carried out from Moscow’s Domodedovo airport on Mondays, Thursdays and Saturdays by SSJ100 aircraft, the report says. Ticket prices start at 50,000 rubles (about $630). The RIA…
Kinder chocolate importer announces three product recalls in Israel
Premium confectionery & trading, the official importer of Kinder brand chocolate, has announced a recall of three products in Israel as a “precautionary measure”. The announcement comes after confectionery manufacturer…
Serbia,Slovenia to establish first regional power exchange for central and south-east Europe
A contract was signed by the transmission system operators (TSOs) of Slovenia and Serbia, ELES and Elektromrea Srbije (EMS), and EPEX SPOT to launch the first regional power exchange in…
Will Putin kill the global economy?
Economic commentators are always looking for historical analogies, and rightly so. For example, those who had studied past banking crises had a much better understanding of what was happening in…
Transfer of production from China to India did not work at the click of a finger – Apple subcontractors are ringing
Taiwanese electronics manufacturers are looking to relocate their plants to India to be less dependent on China, Bloomberg says. Apple’s subcontractors Wistron and Foxconn have been forced to close their…
Adriatic oil pipeline JANAF announced the suspension of oil deliveries to NIS
The Adriatic oil pipeline JANAF announced the suspension of oil delivery to the Oil Industry of Serbia (NIS), and if this happens, the oil refinery in Pancevo will not be…
Investment worth billions: Boehringer Ingelheim is building a plant in Lower Austria
Matthias Sturm, spokesman for Boehringer Ingelheim RCV, refers to a press conference next Friday, April 1, in Vienna, where the project is to be presented to the public. In addition…
Alufix shuts down – union calls for investors to be found
Gottlieber and Slacik also referred to the investments made in recent years. A new workshop was built and investments were made in new production facilities. “All alternatives to the closure…
Carlos Tavares: “Argentina and Brazil must present profitable projects to obtain investments”
Carlos Tavares global CEO of the automotive company Stellantis, said that both the group’s factories in Brazil and Argentina “must present profitable projects” to get investments in new models. “Fortunately…
Belarus: Status of arrested head of RBI subsidiary unclear
Great merits of the arrested for the bilateral relations. Almost two weeks after the arrest of Sergei Kostyuchenko, the head of the Belarusian RBI subsidiary Priorbank, his status remains unclear.…
In short supply of neon, the war will exacerbate the chip crisis
The Ukrainian conflict risks hardly exacerbating the chip crisis, penalizing the global industry (electronics and, consequently, automotive) already severely tested by the shortage of semiconductors during the pandemic. Palladium and…
Switzerland breaks neutrality and adapts to sanctions against Moscow
Switzerland has hardened its line against Russia, forcing its economy to adapt to sanctions at a rapid pace, particularly in the commodity trading sector where winds of panic are blowing.…
Europe pays Russia an energy bill of one billion euros a day
Europe pays a bill to Russia of almost one billion euros a day. It is the sum of what the Old Continent has paid – in just 24 hours –…