The European Parliament (EP) is worried about many American provisions. The European Commission should work with the authorities to achieve exemptions for European businesses from the discriminatory Inflation Reduction Act, the EP stated in a release. MEPs express worry about measures in the U.S. Inflation Reduction Act that discriminate against EU companies and call for the European Commission...

Between 16 January and 12 February 2023, there were 92% fewer new coronavirus cases reported globally. The World Health Organization (WHO) reported that the number of fatal cases decreased by 47% throughout the same time period. Between January 16 and February 12, 2023, there were more than 6.7 million new coronavirus infections reported worldwide, along with 64,000 fatalities, according to the...

According to Bloomberg, who cited trade data gathered by UK researchers, Russia's nuclear exports grew by more than 20% year over year. Bloomberg claimed that Russian nuclear exports increased in 2022, citing trade data gathered by the Royal United Services Institute for Defence and Security Studies. The research demonstrates a 20%+ year-over-year growth in the availability of Russian nuclear...

Business districts are experiencing substantial economic effects as a result of the pandemic expansion of remote work and the hybrid mode, in which workers work partially from home and partially from the office. The New York City borough of Manhattan, which is home to the financial district of the city, large banks, several company headquarters, and more, is losing up to $12.4 billion annually as...

According to European Commissioner for the Economy Paolo Gentiloni, the European Commission (EC) now thinks that the risks in the projection of EU economic growth are largely balanced, whereas it had previously believed that they were downward. "Threats to the future. These dangers currently seem to be largely balanced. You are aware that we always discussed downside risks in the preceding...

Turkish economic losses after two February earthquakes totaled $84 billion, or 10% of GDP, according to estimates from the Turkish Confederation of Entrepreneurs and Businessmen. The organization put the cost of the building destruction caused by the earthquake at $70.8 billion. The Turkish budget will also suffer a further loss of $ 10.4 billion. The workforce losses were valued at $2.9 billion...

Following the earthquakes that occurred on February 6 during the day and evening, more than 20,000 people perished in Turkey and Syria. 3,317 people died in Syria, and 17,134 died in Turkey. According to Anadolu newspaper, the earthquakes in Turkey had an impact on 70,347 persons. A total of 30,360 persons have been transferred from disaster zones to other locations. The Syrian Health Ministry...

China now possesses more land-based intercontinental ballistic missile (ICBM) launchers than the US. In the meantime, the US continues to have more missiles and nuclear warheads on them than China, writes The Wall Street Journal (WSJ) referring to the US military. The WSJ claims that on January 26, the American military disclosed it to the appropriate congressional committees. Some of the...

The EC wants to gather money to install solar panels at government buildings in Ukraine. According to EC director Ursula von der Leyen, the EC is seeking to secure significant funding for the installation of solar panels in Ukraine that will give electricity to government institutions. During a news conference in Kiev that was webcast on the EC website during her tour, she stated, "We are...