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Category: Global Economy
Mark Zuckerberg’s tech giant Meta is set to buy Singapore-based artificial intelligence startup Manus for more than $2 billion to compete with strong opponents like Google and OpenAI – Logos Press reports.
Bulgaria will give up its national currency, the lev, and from January 1, 2026 will become the 21st country to join the euro zone, – reports Logos Press.
The dollar is headed for its steepest annual decline since 2017, and Wall Street predicts the currency will weaken further into 2026 as well, Logos Press reported.
Chinese automakers by the end of 2025 for the first time will be able to surpass Japanese brands in terms of global sales, – reports Logos Press.
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.
