In recent years, Saudi Arabia has emerged as a shining star in the realm of economic development, rapidly transforming its economy and diversifying its sectors.
Economics
The announcement regarding the opening of OMV’s investment in the exploitation of gas from the Black Sea led German newspapers to write about Europe’s mistakes in the region and about the importance of Romania in the energy independence of the EU
The eurozone has found itself in a challenging position as it slips into a technical recession, with the cost of living crisis exerting pressure on its economy.
A hotly debated topic in Switzerland in recent months has been the preservation of money in its current form. A civic movement has gathered over 150,000 signatures in support of this topic,
In April, inflation raised again in virtually the entire Eurozone, reaching 7%, a slight increase from 6.9% in March. This can be read in the publication of the monthly report of Eurostat
The Yuan could become the new currency through which international trade will be conducted, and this really could mean a momentous change in the international economy.
Considered the seventh best country for expats as outlined by the Expat Essentials Index, Saudi Arabia marked the media cycle last week with a frenzy over its announcement that foreigners would be allowed to own property in Saudi Arabia.
On Sunday, Finland’s Olkiluoto 3 (OL3) nuclear reactor, Europe’s largest reactor, will begin regular power production.
The contested pension reform initiated by French President Emmanuel Macron passed the constitutional test of resistance on Friday and may already be promulgated in the coming days.
Kristalina Georgieva, the managing director of the IMF, has warned that the world economy will face years of slow growth and that the medium-term outlook is the weakest in the last 30 years.