Photo by Alexandr Bormotin on Unsplash At a time when the Western world is pressurising Moscow with sanctions, many world-renowned companies continue to operate in Russia. Among them are Leroy Merlin, JT Group, Philip Morris, Ritter Sport, Raiffeisen Bank, Mondi, Mondelez, Mars, Unilever and others. In 2022, Ritter Sport increased profits by 91 per cent, Mondelez by 38…
Photo by Mohammad Wasim on Unsplash An exhibition has been organized as part of the 74th International Astronautical Congress. President of the Republic of Azerbaijan Ilham Aliyev, First Lady Mehriban Aliyeva and their son Heydar Aliyev attended the opening of the exhibition. Following the ribbon-cutting ceremony symbolizing the opening of the exhibition, the attendees familiarised themselves with the…
Photo by Andrew Neel on Unsplash Economic relations are one of the important elements of civil society. They cannot appear and develop by themselves, but are formed under the influence of the state and society. If society has an influence on the economy through social norms, the state ensures its development based on the laws…
The positive economic and social impact of Gabriel Popoviciu’s urban development initiative in Northern Bucharest has been confirmed by a recent assessment spanning the 2005-2022 period. The Băneasa project is one of largest urban development projects in Europe of its time. Northern Bucharest was the natural location choice, due to it already being a fast…
Photo by Dollar Gill on Unsplash New data reveals that more than seven in 10 (71%) university students in the UK in 2023 hold part-time jobs, compared to six in 10 (60%) former students. As a result, students in the UK are managing to save an average of £399 of their annual loan for the future, with more than…
Photo by Winston Chen on Unsplash Rail Baltica is a greenfield rail transport infrastructure project with the goal of integrating the Baltic States into the European rail network and is a part of the Trans-European Transport Network (TEN-T), European Union’s instrument aimed at ensuring the territorial cohesion of the Union and facilitating the free movement of goods and…
Photo by Sharon Pittaway on Unsplash Members of the European Parliament have approved the Parliament’s negotiations mandate for the Critical Raw Materials Act (CRMA). Some MEPs, notably the Greens/EFA Group, had pushed for a 45 percent recycling target and for mitigating the demand for critical raw materials. The EU Commission’s legislative proposal has several aims: In…
Photo by Kelly Sikkema on Unsplash A webinar on financial issues facing UK citizens living in Belgium will be held later this month. The online event, from noon to 1.30pm on 21 September, will focus on tax, pensions and social security. It is organised by the “Expat Welcome Desk” of the Brussels Commissioner for Europe and International…
Photo by Delightin Dee on Unsplash Despite the passage of anti-deforestation laws by the EU, the clearing of forests is set to continue apace with coffee companies not prepared to comply with the regulation, reveals the 2023 Coffee Barometer, an in-depth report on the state of sustainability in the coffee sector. Roughly 130.000 hectares of…
Photo by Daria Pimkina on Unsplash Although 7 out of 10 employees are satisfied with their jobs, the consequences of the global economic crisis and the war for talent are also finding their way into Belgian households. This is evident from a new global study by professional services provider PwC, the ‘PwC Global Workforce Hopes & Fears Survey’. PwC Belgium also advocates a more inclusive workplace,…
