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European Commission forecasts 19 EU countries to reach pre-pandemic values this year
President of the European Commission considers that differences from the last crisis are “marked”. If in 2008 it took eight years for the eurozone’s GDP to recover, this time, it is expected that by 2022 all member states will recover. The president of the European Commission, Ursula von der Leyen,
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Uzbekistan celebrates independence from former Soviet Union
In September, Uzbekistan celebrates the 30th anniversary of the independence of the former Soviet Union. In recent years, the country has launched several reforms aimed at eliminating the rest of the Soviet economic legacy, to liberalize the economy and attract foreign investors. Thousands of businessmen in the country met with
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Adidas is the big winner of Cristiano Ronaldo’s trip to Manchester United
It is expected that Cristiano Ronaldo’s move to Manchester United will increase the club’s jersey sales. However, the big winner of this transfer is Adidas, the brand that produces the equipment for the English team. Manchester United paid around 15 million euros to Juventus for the signing of Cristiano Ronaldo.
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Wall Street ends week in ‘green’. Nasdaq led the gains
After the dismay at the perspective of the Federal Reserve (Fed) in relation to a possible reversal of monetary policy this year, the main indices in New York ended this Friday’s session on a high. The main indexes in New York ended the last day of the week in ‘green’,
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Afghanistan: Central Bank says US$9 billion reserves are abroad
Access to reserves could be complicated, given that the Taliban is a terrorist group sanctioned by the United States. The governor of the Central Bank of Afghanistan said on Wednesday that the country has about nine billion dollars (7.6 billion euros) in foreign reserves and not in cash in Afghan
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Total Oil suspends operations
French oil company Total, which on Wednesday expressed its intention to resume work on gas exploration in northern Mozambique, today announced the suspension of its operations after a ‘jihadist’ attack in Palma. Total “has no victims to lament in the staff working on the project site” in Afungi, 10 kilometers
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UK economy has the biggest drop in 300 years
The 9.9% contraction recorded in 2020 overcame the post-World War I recession and was the largest since the “Great Frost” of 1709. The United Kingdom recorded a historic contraction of 9.9% in 2020, the year when the covid-19 pandemic began. It was the biggest drop in Gross Domestic Product (GDP)
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Mining Bitcoin with Nuclear Power
Uses for Surplus Power and Diversifying Revenue Cryptocurrency mining is profitable when the cost of the primary production resource needed to mine it is low. Electricity accounts for upwards of 80% of total O&M spending in a typical-mining operation. For this reason, bitcoin miners circle the globe searching for $0.06/kWh.
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Brexit: European companies close door to shipments to the United Kingdom
Some online sales companies are reporting that they do not ship to the UK due to tax changes brought about by Brexit. We are forced by British policy to stop doing business with British customers ”, writes the Dutch company specializing in bicycle parts Dutch Bike Bits. This company has
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Russian Ships Move To Baltic Sea Areas To Resume Construction Of Controversial Pipeline
A Russian pipe-laying ship has moved into position to resume construction of a natural-gas pipeline in the Baltic Sea that the United States, Ukraine, and other countries have vehemently opposed. German shipping authorities have issued an advisory for the Baltic Sea area where the last few kilometers of the controversial
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