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EU Plans Massive Investments: €199.7 Billion to Strengthen Resilience and Prepare for the Union’s Future

Brussels, June 19, 2024: The European Commission (EC) on Wednesday presented a draft EU budget for 2025, which focuses on building the Union's resilience...

Amazon to invest another €10 billion in Germany, focusing on cloud computing

Berlin, June 19, 2024 (Financeflashnews) – American e-commerce giant Amazon has announced another major investment in Germany. Over the next two years, it plans...

Cuba Courts Russia and China, But Tourism Revival Lags Behind

Cuba is struggling to revive its tourism sector, hit hard by the COVID-19 pandemic and ongoing American sanctions. The government is luring visitors from...

US import prices unexpectedly fall in May, surprising economists

WASHINGTON, June 14, 2024 (Financeflashnews) - U.S. import prices unexpectedly fell in May amid lower prices for energy products, providing another boost to the...

Poland set for record minimum wage hike: Over €1000 by 2025!

Warsaw, June 14, 2024 (Financeflashnews) - Good news for Polish workers! The government on Tuesday announced plans to dramatically increase the minimum wage in...

Irish Inflation Rate Holds Near Three-Year Low in May

Dublin 13. júna (Financeflashnews) - Consumer prices in Ireland continued to rise at the same year-over-year pace in May as the previous month, keeping...

Ukraine sues Russia for destruction of Kakhovka dam: demands €2.5 billion in compensation

Kyjev 6. júna (Financeflashnews) - Ukrainian energy company Ukrhydroenergo has filed an international lawsuit against Russia seeking to recover damages for the destruction of...

ACE GALLERY FOUNDER DOUGLAS CHRISMAS CONVICTED OF EMBEZZLEMENT

Infamous art dealer Douglas Chrismas is facing up to fifteen years in prison after being convicted of embezzling more than $260,000 from the bankruptcy...

China’s services sector expands at fastest pace in 10 months

Beijing, June 5, 2024 (Financeflashnews) - Activity in China's services sector accelerated to a ten-month high in May, driven by a surge in new...

Oil prices stall after OPEC+ decision to raise output

Oil prices edged lower on Wednesday morning as markets digested the decision by OPEC and its allies, known as OPEC+, to increase output from...

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