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Category: Global Economy
Many passengers wishing to travel from continental Europe to the UK and vice versa for New Year’s Eve risk spending the holidays in huge queues or in a tunnel under the English Channel, Logos Press reports.
China has launched the world’s first gas turbine that produces hydrogen and runs on it when the capacity of green power plants is not in demand, Logos Press reports.
The pre-tax profits of Germany’s leading companies fell by 15% in 2025, and this trend is the third year in a row, Logos Press reported.
Russia and Ukraine “may be very close” to ending a war that has lasted nearly four years, Logos Press reports.
“India’s economy will show GDP growth of 7% this year and maintain its leading position for the next two years among the G-20 countries, Logos Press reported.
The corruption scandal in Ukraine continues – the National Anti-Corruption Bureau of Ukraine (NABU) together with the Specialized Anti-Corruption Prosecutor’s Office (SAP) has exposed an “organized criminal group” of current Ukrainian deputies of the Verkhovna Rada, Logos Press has reported.
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.
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.
