According to an evaluation by the International Monetary Fund (IMF), the major expansion of the European Union in 2004, when ten countries joined together, can be considered a success after two decades. Economists Robert Beyer, Claire Li, and Sebastian Weber from the IMF prepared a working paper titled “Economic Benefits from Deep Integration: 20 years after the 2004 EU Enlargement.” It evaluates...

On February 24, shares of Asian diagnostic test and vaccine manufacturers climbed, following their international counterparts, after scientists identified a new coronavirus in bats that resembles the COVID-19 virus, as reported by Bloomberg, referencing trading data. Shares of Sugentech, a coronavirus test producer based in South Korea, surged 26% in early trading on February 24, according to...

The United States is interested in resources that Russia possesses, specifically rare earth metals, stated American President Donald Trump during a press conference at the White House. He mentioned that Moscow and Washington aim to finalize multiple economic development agreements. Similarly, Trump published a corresponding post on his account on the social platform Truth Social: “I am in intense...

Ukrainian President Volodymyr Zelenskyy has expressed his willingness to resign if it is needed to achieve peace or for the nation to become part of NATO. He made this statement during a press conference attended by the Ukrainian media. “Yes, if it means peace for Ukraine, I am prepared to step down from my position if you truly need me to,” Mr. Zelenskyy stated. The president of Ukraine also...

2024 data from the Federal Statistical Office of the Federal Republic of Germany (Destatis) indicates that China was not Germany's primary trading partner for the first time in eight years. The trade volume between these nations decreased by 3.1% in the year to €246.3 billion. Consequently, the top position in bilateral trade volume was held by the United States - €252.7 billion. In 2024, the...

US National Security Adviser Michael Waltz stated that the White House anticipates the arrival of French President Emmanuel Macron and British Prime Minister Keir Starmer in Washington next week. He added that they intend to talk about the situation in Ukraine. Mr. Walz stated that the U.S. aims to connect with as numerous stakeholders in the conflict as it can. “You won't be able to get the...

According to Reuters, the European Union plans to lift several sanctions imposed on Syria. The European Union intends to halt sanctions on Syria concerning energy, transportation, reconstruction, and banking, according to a draft document referred to by Reuters. “The proposed declaration states that the EU Council has resolved to halt several restrictive measures 'pertaining to energy,...

Regarding the gathering of Russian and US representatives in Riyadh, American President Donald Trump endorsed the proposal to conduct elections in Ukraine, which were delayed because of the martial law enacted in the nation. Discussing the Ukrainian election, he pointed out the minimal backing for the existing President Volodymyr Zelenskyy from the populace. "We are facing a scenario where...

Two blasts took place on the Seajewel tanker in the Italian port city of Savona, causing a breach in the ship's hull that showed evidence of external force. The team aboard the Maltese-flagged ship reported the event overnight from Friday to Saturday during the process of unloading oil. The newspaper Corriere della Sera reports that an inspection following the explosions found no signs of oil...