Александр Романов

Romanian Finance Minister Alexandru Nazare announced the adoption of a government decree on December 23 that reduces the tax burden for certain categories of entrepreneurs, Logos Press reported.

No ski resort in Ukraine for the first time in many years did not open the season in the usual terms and will not open it either during the Christmas holidays, or on New Year’s Day – the peak of the high season, when most Ukrainians go to the mountains for vacation, – reports Logos Press.

This year, the Russian ruble has overtaken all the world’s leading currencies in its dollar value and is almost back to the level before the military conflict with Ukraine began, according to Logos Press.

On Christmas and New Year’s Eve, retail prices for petroleum products gave a pleasant surprise to car owners, dropping to record low levels in nearly four years, Logos Press reported.

In the $129 billion U.S. market for cosmetics and personal care products, there is a fierce competition between traditional department stores and… social media, Logos Press reports.

Roscosmos State Corporation in December signed a contract with NPO Lavochkin to perform work until 2036 to create a Russian lunar power plant, Logos Press reported.

The export model of Germany’s economy is facing serious problems due to a marked drop in sales to the United States and China, requiring urgent and deep structural changes in Europe’s largest economy,” Logos Press reported.

The world is rapidly moving toward a shift from the era of the global dollar to one in which physical resources, primarily water and energy, which are essential to the functioning of artificial intelligence and electronic currencies, will play a crucial role, Logos Press reported.

TikTok has signed agreements with three major investors – Oracle, Silver Lake and MGX – to form a new joint venture, TikTok US, which will allow the popular social video platform to continue operating in the U.S., Logos Press reports.

The construction of a multifunctional industrial platform in Ceadir-Lunga is scheduled to be completed in spring 2026, with a total investment of 36.5 million lei, Logos Press reported.

EU sugar and sugar beet producers are demanding restrictions on imports of raw sugar to the European market for the needs of refiners, Logos Press reports.

At its last meeting of the year, the US Federal Reserve cut its benchmark interest rate by 25 basis points to 3.5-3.75%, Logos Press reported.