English

The European Union decided last week that the United Kingdom must pay into the EU budget for future participation in the European single market in electricity, after discussions on the subject began in May. The UK was a net contributor when it was in the European Union. It already pays EU membership legacy costs. But seamless trade with the EU...

Trump has an infantile view of trade and investment. MBS seemed very much amused. To Trump, money coming in means America (read: Trump) is “winning,” while money going out means it is “losing.” It is a grade-school view of economics, which may explain his multiple bankruptcies after being set up in business with many millions from his dad. It also...

A railway line linking Warsaw to southeastern Poland was damaged by an explosion that Prime Minister Donald Tusk called an "unprecedented act of sabotage". Tusk said the line is "crucially important for delivering aid to Ukraine." Poland's defence chief Władysław Kosiniak-Kamysz reported that the Polish army would examine 120 kilometres of the Warsaw-Lublin-Hrubieszów line, which links the capital to Ukraine by...

Romanian gymnastics coach Camelia Voinea allegedly verbally abused her own daughter, the gymnast Sabrina Voinea, according to images obtained by journalists from Golazo sport news outlet. The latest revelations come after another gymnast on the national team,  Denisa Golgota publicly accused Camelia Voinea of subjecting her to physical and psychological harassment and said the Romanian Gymnastics Federation ignored her complaint. Retired...

The Bucharest electoral office says it has validated 17 of the 20 candidacies running for the mayor of the Romanian capital. It said it rejected two applications while one was postponed for further review. The deadline for submitting candidacies for the the December 6 election was Monday at midnight. The frontrunners are Cătălin Drulă of the Save Romania Union (USR) party, the...

THIS DAY IN HISTORY: “I am not a crook,” declared Richard Nixon - and 52 years after that Nov. 17, his successor doesn't even bother to hide it   Richard Nixon, cornered by the slow grind of Watergate, stood before reporters in Orlando on Nov. 17, 1973 and delivered one of the most iconic lines in presidential history: “I am not...

The race to become mayor of Bucharest is crowded with candidates like a May 1 village fair, or the supermarkets before  Christmas. The good thing is that among the candidates which have the best chance in  the polls there are two incumbent district mayors, who have won the trust of voters at least twice, a former minister and former party...

The European Public Prosecutor’s Office (EPPO) in Cluj, northwest Romania has filed an indictment against six suspects, including a former public official, following an investigation into fraud involving EU funds intended to boost the employability of young people. According to the investigation, between 2018 and 2020, the defendants obtained several grants related to projects that would support young people –...

  Bitcoin dropped 8% last week, touching $93,000 and is now trading below $96,000 as traders and investors have become even less confident about a cut to interest rates at December’s Federal Open Market Committee meeting. Altcoins were hit even harder. Ethereum and solana, for example, were down 11% and 14% on the week respectively, according to Simon Peters, cryptoasset market...

Senior Romanian-German journalist Robert Schwartz has been nominated to head Romania’s public radio station, the Romanian Radio Broadcasting Company (SRR).  Schwartz, 69, who worked for Deutsche Welle for 30 years and headed its office from 2000-2020,  also received the Order of Cultural Merit in the rank of Commander for his contribution to Romanian-German relations, the Save Romanian Union party said...