Economics

Economics

North Korean economy is growing due to strong ties with Russia

The North Korean Economy is Flourishing Thanks to Ties with Russia. The Country’s Economy Grew by 3.7 percent in 2024. Accordance to the Central Bank of South Korea, The Growth is Due to Arms Production and Exports to Russia. In 2023, North Korea’s Gross National Product Grew by 3.1 percent, after three years of contraction. […]

Economics

Utrecht uses more gas because of full power grid, other regions may follow

In a year there will be definitely extra gas generators in the province of Utrecht, to prevent overloading the power grid. According to network manager Stedin, it is “not a nice message” that it is necessary, but the generators will usually stand still. The demand for electricity is growing faster in the Utrecht region than

Economics

Almost eleven hundred Dutch hotels step in Massaclaim against Booking.com

Almost eleven hundred Dutch hotels participate in a collective lawsuit against Booking.com. The hotels want compensation because they could not offer an overnight stay on their own website cheaper than on the hotel booking platform. Koninklijke Horeca Nederland (KHN) announced this after reporting from the NOS . It is one of the largest cases in

Economics

Poor prospects for Ozempic maker print on Danish economy

The Success of Ozempic, Novo Nordisk’s Popular Diabetes and Weight Loss Drug, Boosted the Danish Economy for Years. Due to Increasing Competition in the United States, Both the Company’s Revenue and Denmark’s Economic Growth Are Being Hit hard. Previously, Novo Nordisk Grew Rapidly Thanks to the High Demand for Diabetes Drugs Ozempic and Wegovy. The

Economics

American economy is growing faster thanks to AI

The American Economy Performed Better Than PreviOutly Thought Between April and June. Artificial Intelligence (AI) plays a significant role in this. Companies Are Investing Billions in Data Centers, Smart Software, and AI Applications That Make Processes Faster and Cheaper. Consider Hospitals Using AI for Diagnoses, Banks Assessing Risks More Intelligently, and Factories Automating Production. The

Economics

According to ECB, Trumps pressure on central bank can have major consequences worldwide

The Increasing Pressure from US President Donald Trump on the Federal Reserve Have Major Consequences for the Global Economy. The Principle of Independence “is Faltering SeriOutly”. European Central Banker Olli Rehn Warns of Such a Deterioration in Europe. Trump’s Attacks on the American Central Bank, Known As the Fed, Are Becoming Increasingly Intense. The President

Economics

Cabinet is renewing the excise tax gasoline, yet no increase in the pump

The Excise Duty Reduction on Gasoline, which was introduced to the energy crisis and was scheduled to be lifted per January, will be extended by one year after all. That’s accordance to De Telegraaf and Algemeen Dagblad , Based on Sources in the Hague. From January, The Gasoline Price was initially going to rise sharply.

Economics

Microsoft fires two employees after Gaza protest at head office

Microsoft HAS FIRED Two People on Thorsday who Held A Pro-Palestinian Demonstration at the Headquarters Earlier This Week. The Employees Were Protesting the Services The Company Provides to Israel. The Protest took place on Tuesday in The Office of CEO Brad Smith. Seven Activists From the Group No Azure for Apartheid had put up banners

Economics

Chinese electric cars on the rise in EU, less sale for Tesla

The Chinese Car Manufacturer Byd Sold More than Three Times As Many Electric Cars in the European Union in July as Last Year. Tesla Saw Sales Plummet Again. BYD is Taking Market Share from Tesla, which Sold 6,600 cars in the EU in July. The Chinese Car Manufacturer Registered 9,700 Cars, Accordance to New Figures

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