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Prosecutors carried out searches in Bucharest, Brașov and Mureș last week The European Public Prosecutor’s Office in Cluj is investigating suspected corruption and procurement fraud related to the acquisition of medical equipment. The investigation concerns a public procurement procedure for medical equipment worth approximately €1.5 million, during the Covid-19 pandemic in 2021. Based on the evidence, the tender specifications were allegedly...

Bitcoin continued its modest rally last week, breaking above $79,000, driven by strengthened institutional buying and ETF inflows, while geopolitical sentiment improved after President Donald Trump indefinitely extended the United States' ceasefire with Iran. US spot bitcoin ETFs saw $824 million in inflows last week, while digital asset treasury companies continued to stock pile, with Strategy notably adding another 34,164...

‘Stability and predictability’ needed, investors say Romania's economic progress essentially depends on a stable and predictable governance framework, international investors said in a statement on Monday as the county was plunged into a political crisis. The Foreign Investors Council said the collapse of the ruling coalition last week came as fiscal consolidation is already dampening economic growth and consumption, while budget...

Romania's hard-right opposition AUR party has a shot at government after the collapse of centrist coalition. The AUR party led by George Simion and the center-left Social Democratic Party (PSD) announced Monday they would file a motion of no-confidence motion against the government led by Liberal Ilie Bolojan. Meanwhile, centrist President Nicușor Dan is holding discussions Monday with the leaders of...

The outcome of the Iran crisis will hinge to a certain degree on what happens between Washington and NATO. Iran’s dictatorship has made a calculated bet that since it cannot defeat the United States (or even Israel) militarily, it might outlast a divided West — exploiting the deep mistrust between Trump and America’s traditional allies to fracture the response,...

A shooting at the White House Correspondents' Dinner attended by President Donald Trump and First Lady Melania Trump has shocked Americans and raised questions about security surrounding the president. Authorities have detained the suspect, Cole Thomas Allen, 31, from south California with no criminal record. He allegedly opened fire Saturday night at the Washington Hilton hotel, where the annual event...

The UK now has five mid-size parties. They should run in two blocs. By Alison Mutler and Dan Perry “When the herd moves, it moves,” said Boris Johnson as he stepped down, realizing his party’s parliament members had turned against him. Keir Starmer is not quite the same wordsmith, but he seems well on his way to a similar fate. For...

Italian authorities have deported a Pakistani imam after comments he made on television defending child marriage prompted public outrage and a swift government response led by Giorgia Meloni. The imam, identified as Ali Kashif, had reportedly been living in Italy for six years before his removal. Officials said he was expelled under national security provisions that allow authorities to deport non-citizens...

Romania's Defense Ministry condemned 'the irresponsible actions'  of Russia calling them ​a new challenge ‌to regional security and stability More than 200 people were evacuated in eastern Romania after fragments from a Russian drone fell on the city of ​Galaţi after an overnight attack on neighboring Ukraine. Some 217 people were evacuated, an electricity pole and a household annex were damaged,...

Romania’s biggest party, the PSD’s latest offensive, is basically to mask the fact that it is essentially opposed to reforms which can be seen in the following elements: Triggering a major political crisis at the worst time for Romania, given the internal economic context, and the external economic and geopolitical context. Triggering a major political crisis at a time...