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The Transylvanian, central city of Brasov has surpassed Romania's capital of Bucharest in terms of real estate prices. Up to now, only Cluj-Napoca ("Romania's Silicon Valley" and IT hub) was the only city that surpassed the metropolis. Although apartment prices have not seen major increases recently, developers, as well as owners of old apartments, have increased prices by a significant 20%...

COP 28, the world’s biggest climate conference starts November 30th, with another push to accelerate carbon transition investments, which may help move the sectors’ derated stocks out of their deep funk. At this edition Romania president, Klaus Iohannis will have a speech on December 4th, writes eToro analyst for Romania, Bogdan Maioreanu.  The Dubai conference, taking place amid heightened...

The first National Children's Hospital for Cancer, Severe Illnesses and Trauma built from donations and sponsorships on the grounds of the Marie Curie Children's Emergency Clinical Hospital in Bucharest was inaugurated on Friday. The project's initiator, Carmen Uscatu, who President of the Daruieste Viata/"Give Life"" Association, which organized the event marking the completion of the facility, said that it was...

Twenty lockers for the homeless have been set up in Bucharest’s District 2. In these lockers, people can store their belongings safely and charge their phones. The lockers are set up in the area of Armenească, at the intersection of Carol I Blvd and Paleologu St, in a previously abandoned venue. The project, which was awarded at this year’s Bucharest Architecture Annual...

New Zealand’s new government will scrap the country’s innovative law to ban smoking for future generations to help pay for tax cuts. Last year, under Jacinda Arden's leadership, the law would have banned cigarette sales in 2024 to anyone born after 2008. Health experts and groups have strongly criticized the sudden reversal. The legislation passed last year had been acclaimed internationally with...

While he was serving his eight-year sentence in a Chinese prison, Romanian teacher Marius Balo never knew whether he’d receive “a bullet or freedom.” “This (thought) was a huge pressure (on prisoners) especially for Asian prisoners,” he said on Saturday at the launch of his book “The Pink Blanket. Imprisoned in Communist China” which describes his ordeal in Chinese prisons. Despite...

Milad Zohrevand, aged only 21, was secretly put to death on Thursday morning at a prison in the city of Hamadan, Iran. Human rights group Hengaw said it had received reports of the execution, though there was no confirmation from Iran's judiciary, which convicted Zohrevand of murdering a member of the Revolutionary Guards during a demonstration. The sources said he was...

Former Paralympic champion Oscar Pistorius will be freed from jail in South Africa on parole, 10 years after murdering his girlfriend Reeva Steenkamp. The parole board has set his release for 5 January 2024. Serious offenders in South Africa must serve at least half their sentence to be eligible for parole, which Pistorius has done. The double-amputee Olympic runner was one...

The Schoenbrunn Palace Orchestra Vienna will perform twice at the Romanian Athenaeum on December 23, at 4:00 PM and 8:00 PM, in the "Imperial Christmas Gala IV" concert. The audience will listen to famous waltzes composed by Johann Strauss, including "Blue Danube," "Artist's Life," "Viennese Blood," "Emperor's Waltz," "Tales from the Vienna Woods," "Wine, Women, and Song," and "Voices of Spring." Tickets,...

Russian authorities have taken to discouraging abortion in an attempt to confront the country's longstanding demographic crisis: measures include making it an offense trying to persuade a woman to have an abortion, and pressuring private clinics to stop carrying out the procedure. The Russian Orthodox Church, which has close ties to the Kremlin, is playing a key role in the...