A sharp turn may be in store for cryptocurrencies in Hungary
A significant shift could be on the horizon for Hungary’s cryptocurrency market after the new Magyar government submitted legislation to Parliament that would ease controversial rules introduced last year. Government to overhaul crypto rules According to the proposal published on Parliament’s websi»»»
Bulgaria Mobilizes Army, Interior and Agriculture Ministries as Fire Risk Peaks This Summer
Bulgaria is stepping up nationwide fire prevention and response measures as the country enters the high-risk summer fire season, with coordinated action between the Interior Ministry, Defense Ministry, and Agriculture Ministry. Authorities said the entire state capacity, including organizational, t»»»
“A Real Mayor Lives His City's Struggles”: Wladimir Klitschko Meets Sofia Mayor Terziev
Sofia Mayor Vasil Terziev met with former heavyweight boxing champion Dr. Wladimir Klitschko during the Ukrainian legend’s visit to Bulgaria ahead of the European Boxing Championships, which will take place in Sofia from September 15 to 26 at Asics Arena. The tournament will bring together Europe’s»»»
Major Layoffs in Bulgaria as Bosch Ends Engineering Operations in SofiaOpinions
German technology company Bosch will wind down operations at its Engineering Center in Sofia, resulting in the layoff of around 670 employees, according to an official company announcement. The closure will be carried out in phases and is expected to be completed by mid-2027. The job cuts will begi»»»
Business Confidence in Bulgaria Drops in June Amid Industrial and Construction DeclinesOpinions
In June, Bulgaria’s overall business climate deteriorated, with declines reported in industry and construction, while retail trade and services registered improvements, according to the latest National Statistical Institute (NSI) survey. The composite business climate indicator fell by 1.3 points t»»»
COMMENT: Ukraine may take the war to Russian LNG
Ukraine’s widening drone campaign against Russian energy infrastructure raises the prospect that Kyiv could shift some of its focus from refineries and oil logistics to LNG assets, which have largely remained untouched. Kyiv has been intensifying attacks on Russian oil refineries in recent months, »»»
Europe's defence tech push risks outpacing strategy, Carnegie warns
Europe’s rapid push into defence technology risks undermining its own security ambitions unless policymakers develop a coherent strategy defining how emerging technologies should reshape military power, sovereignty and accountability, according to a new analysis by Carnegie Europe. As the European »»»
Fire Breaks Out at Ecobulpak Recycling Facility in Sofia
A fire broke out at a waste treatment facility operated by Ecobulpak in Sofia, Bulgaria's General Directorate for Fire Safety and Civil Protection said on Wednesday. Firefighters found that two plastic recycling warehouses were ablaze. Six fire engines with firefighting crews, a hazardous materials»»»
Romanian DAN Airlines launches regular Bucharest–Aleppo service
ALEPPO, July 1 (SANA) Aleppo International Airport on Wednesday welcomed the inaugural DAN Airlines flight from the Romanian capital, Bucharest, marking the launch of the carrier’s scheduled service to the northern Syrian city. Mustafa Khairallah, head of the Media Department at the General Authori»»»
Andhra IT professional dies after flash floods sweep away car in Kansas
Dubai: A 33-year-old Indian IT professional and student from Andhra Pradesh died after his car was swept away by flash floodwaters in the US state of Kansas, Indian media reported. Also Read: Who was Sai Karthik Varma Datla? Indian techie among 12 killed in Missouri skydiving plane crashVenkatesh D»»»
Russian drone and missile attacks on Ukraine fewer in June: AFP analysis
KYIV: Russia fired fewer drones and missiles at Ukraine in June compared to a month before, an AFP analysis of Ukrainian air force data showed Wednesday, as Kyiv stepped up its own retaliatory attacks on Russia. Moscow launched 5,749 drones and 180 missiles against Ukraine in June — down 29 percent»»»
Where will Péter Magyar’s real opposition come from?
A fresh survey by Medián indicates that the Tisza movement faces virtually no meaningful opposition, while Fidesz has shrunk to the status of a mid-sized party and the far-right Mi Hazánk may only just scrape into parliament. The question now confronting Hungary’s political landscape is where any g»»»
World Cup’s smallest venue in Toronto ready for its grand finale
TORONTO: Portugal and Croatia’s World Cup last-32 clash on Thursday could be Cristiano Ronaldo or Luka Modric’s final game on soccer’s biggest stage, and the massive moment will unfold at the tournament’s smallest venue. If there was any skepticism about how the 43,036-seat Toronto Stadium would ho»»»
Is BYD’s Szeged plant a safety risk? Trade body concerned
Two workers have died within the space of just a few months at the construction site of BYD’s new factory in Szeged, raising serious concerns over safety standards. While construction is widely regarded as one of the most hazardous industries, professional bodies say two fatalities in such a short »»»
Officials and Leaders from 40 Countries to Attend Funeral of Iran’s Sayyed Khamenei
Senior officials and leaders from around 40 countries are expected to attend the funeral ceremonies for the slain leader of the Islamic Revolution, Grand Ayatollah Imam Sayyed Ali Khamenei, according to the spokesperson for the farewell and funeral committee. Speaking on July 1, 2026, committee spo»»»
European climate watchdog says ocean temperatures hit record in June - UPI.com
European Union climate scientists issued warnings that weather patterns, global climate, and marine ecosystems could be impacted in unexpected ways -- none of them positive -- after the temperature of world's oceans spiked in June to levels that eclipsed all previous records. File photo by Miguel T»»»
Trump says Iran talks were 'very good'
JOINT BASE ANDREWS, United States: President Donald Trump hailed the progress on Wednesday of indirect talks between Iran and the United States, saying there had been "very good meetings" in Doha. "As far as things are going, the denuclearization of Iran is moving along well. They've had very good »»»
U.S., Iran to continue negotiations on Day 2 of talks in Qatar - UPI.com
Iran and U.S. negotiators will meet with intermediaries Wednesday to discuss the cease-fire agreement. Photo by Abedin Taherkenareh/EPA July 1 (UPI) -- Envoys Steve Witkoff and Jared Kushner and their Iranian counterparts are planning to meet with Qatari negotiators Wednesday for ongoing peace talk»»»
Imaan Hammam stuns for Jacquemus
DUBAI: Dutch Moroccan Egyptian model Imaan Hammam took to the runway at Jacquemus’ highly anticipated “Le Bonheur” fashion show, staged on the rocky Ile de la Pietra in Corsica. The exclusive co-ed presentation saw Hammam walk a dramatic runway built into the slopes of the islet, leading to the ico»»»
Trump debuts new Air Force One on trip to Theodore Roosevelt museum dedication
MEDORA, North Dakota: President Donald Trump is traveling to North Dakota on Wednesday to dedicate a museum honoring Theodore Roosevelt, invoking the Republican president’s legacy as he promotes a message of American greatness ahead of the Fourth of July holiday. The visit comes as Trump has embrac»»»
Trump says Iran talks were 'very good'
U.S. President Donald Trump hailed the progress on Wednesday of indirect talks between Iran and the United States, saying there had been "very good meetings" in Doha. "As far as things are going, the denuclearization of Iran is moving along well. They've had very good meetings, and we'll see," Trum»»»
Planning Armenia travel? Visa-free entry rules extended for UAE residents until 2027
Dubai: Armenia has extended its temporary visa waiver programme for UAE residents and citizens of several Gulf countries until July 1, 2027, state news agency Armenpress reported. Armenia implemented a full visa-free entry regime specifically tailored to citizens and residents of the GCC region las»»»
Athar Festival expands international reach
PARIS: Marking its first participation at Vision Golfe, Saudi Arabia’s Athar festival is making its international ambitions clear. The event is looking to engage new partners, speakers and international visitors as it continues to expand and elevate the global profile of Saudi Arabia’s creative eco»»»
DAMAC says Dubai projects avoided supply chain hit as Harbour Lights tops out
Dubai: DAMAC Properties said its construction pipeline has avoided any major hit from recent supply chain pressure, helped by the UAE’s port and logistics response, as the developer topped out its Dh243 million Harbour Lights tower in Dubai Maritime City on Tuesday. Sign up for our daily business n»»»
Fire in Belgian apartment block leaves at least 5 people dead, many injured
ANTWERP: At least five people were killed and many others injured on Wednesday in a fire at an apartment block in the Belgian city of Antwerp, police said. The blaze broke out mid-morning on the eighth floor of the building, where more than 200 people live, in the city’s Linkeroever neighborhood, s»»»
Delhi to ban new petrol scooters, rickshaws to curb air pollution
NEW DELHI: India’s capital New Delhi will ban new petrol- and diesel-fueled scooters and rickshaws from its roads over the next two years, as an ambitious new policy aimed at bringing down dangerously high pollution levels in the city came into effect on Wednesday. Delhi’s new EV policy seeks to ac»»»
Middle East live: Israeli troops will stay ‘indefinitely’ in Lebanon, Syria and Gaza, Katz says
Israeli forces will remain in so-called security zones established in Lebanon, Syria and Gaza, without any timeline for withdrawal, Israeli Defence Minister Israel Katz said Wednesday. In Qatar, an Iranian team holds talks with mediators but Iranian officials denied a claim by President Donald Trum»»»
All aboard: The UAE’s rail era has officially arrived — and everyone wants a window seat
For years, we’ve talked about it.We’ve watched construction updates, spotted the tracks while driving across the country and wondered what it would actually be like to travel between emirates by train.Yesterday, it finally became real.The official opening of Etihad Rail’s passenger service on June »»»
Planning a road trip? What motorists need to know before leaving Qatar by car
Doha, Qatar: With the summer holiday season underway, many expatriates in Qatar are preparing to travel to neighboring countries or to their home countries by road as a more affordable alternative to air travel or simply to enjoy the journey. Before setting off, motorists are advised to familiarize»»»
EU issues new steel and e-commerce regulations to reduce trade imbalance with China
The European Union rolled out two measures to protect its steel industry and limit e-commerce small parcels on Wednesday as the 27-nation bloc grapples with its staggering trade imbalance with China. "Today's change is about restoring fairness for European businesses and better protecting our consu»»»
Romanian air quality solutions company Ecovent becomes local partner for Zehnder Group
Ecovent, a Romanian company specialised in indoor air quality solutions, has announced a strategic partnership with Zehnder Group, becoming the Swiss company’s distributor on the local market. The agreement strengthens Ecovent’s position in Romania’s heat recovery ventilation segment and expands it»»»
Police turn water cannon on crowds at Heroes’ Square
A suffocating heat dome sweeping across Western Europe brought record-breaking temperatures to Hungary yesterday, with 42C recorded in Szécsény — the highest ever measured in the country. The capital also sweltered in oppressive heat, prompting police to deploy water cannon at Heroes’ Square. Rathe»»»
Why are a record number of American adults living with their parents?
A record 25.2 million young American adults (about 33%) under 35 have returned to the family nest as the cost of living has become prohibitive. There is a stereotype of Americans living at home with their parents as freeloaders, living in the basement and spending their ample free time playing vide»»»
Britain's defense spending blueprint through 2030 comes in $17B light - UPI.com
The British government unveiled its long-delayed Defense Investment Plan with a commitment to spend an additional $19.9 billion over the next four years, only a little more than half the $37 billion defense ministers and the military had been seeking. File photo by Andy Rain/EPA July 1 (UPI) -- The»»»
Emirates adds a third daily flight to Africa's biggest holiday destination - What travellers need to know
Dubai: Emirates has launched its third daily flight between Dubai and Nairobi, increasing services on the route to 21 weekly flights and adding more travel options for passengers heading to Kenya, signalling greater demand for travel to the African continent from UAE. The new service, EK717, arrive»»»
UAE developers keep projects on track despite 25% jump in material costs: Moody’s
JEDDAH: UAE developers kept construction projects on track despite a 20 to 25 percent surge in imported material costs, with supply chain disruptions having limited impact, according to Moody’s Ratings. In a sector in-depth report, the credit rating agency said real estate developers have maintaine»»»
UAE’s Multiply Media launches BackLite KSA with Saudi mall giant Cenomi
Dubai: Multiply Media Group is expanding into Saudi Arabia through a partnership with Cenomi Centers, marking the UAE-headquartered outdoor media company’s entry into the Gulf’s largest advertising market. Sign up for our daily business newsletter, Cheques & Balances.The deal will establish BackLit»»»
UAE property market sees shift towards data-led, intent-driven activity
The UAE property market is undergoing a structural shift as buyers become more informed, brokers more accountable and pricing decisions increasingly driven by data rather than deal volumes, according to new analysis from property portal Bayut. "Real estate decisions are too important to be driven b»»»
New vehicles and buses delivered to Karakol, some found defective - | 24.KG
During a working visit to Issyk-Kul region, President of Kyrgyzstan Sadyr Japarov reviewed new special-purpose vehicles and buses delivered to support the development of Karakol’s road, utility, and transport infrastructure. At the same time, it emerged that part of the supplied equipment does not »»»
30-year-old Keralite wins $1 million Dubai Duty Free raffle one month after wedding
It couldn’t have been a better start to the month for two Kerala-born Dubai expats who have turned millionaires in the latest Dubai Duty Free draw. Kabir Poovathingal, a 48-year-old Indian national based in Dubai, became a $1 million winner in Millennium Millionaire Series 547 with ticket number 34»»»
E.ON Energie România to invest EUR 40 million in digital solutions and AI projects by 2030
E.ON Energie România will allocate EUR 40 million over the next five years to digital solutions, including projects supported by artificial intelligence, with the aim of improving customer interaction and responding to their growing need for faster, simpler, and more intuitive services. “We want to»»»
Dubai property portals urged to crack down on misleading verified listings
Dubai: A growing concern over misleading “verified” property listings has sparked calls for tighter checks on Dubai’s online real estate portals, with industry experts warning that advertisements carrying verification badges should accurately reflect the official permit details attached to the prop»»»
Syria’s Sharaa appoints lawmakers, paving way for new parliament to convene
Syrian authorities announced the names of 70 lawmakers on Wednesday appointed to a transitional parliament by President Ahmed Al-Sharaa, paving the way to convene the body next week more than eight months after the process of forming it began. The 210-member chamber, two-thirds of which was chosen»»»
Syria’s Sharaa appoints lawmakers, paving way for new parliament to convene
Syrian authorities announced the names of 70 lawmakers on Wednesday appointed to a transitional parliament by President Ahmed Al-Sharaa, paving the way to convene the body next week more than eight months after the process of forming it began. The 210-member chamber, two-thirds of which was chosen»»»
Syria announces presidential list to People’s Assembly, first session set for July 6
Damascus, July 1 (SANA) Syria’s Higher Committee for People’s Assembly Elections on Wednesday announced the names of the members of the new People’s Assembly, including those elected by voters and those appointed by the President of the Republic in accordance with his constitutional powers. Speakin»»»
US, Canada, Mexico begin bumpy negotiations to renew North American trade pact
Tourists from Chattanooga check into beach resorts in Cancun. Canadian auto parts feed factories in the American Midwest – and vice versa. Happy Hour revelers raise glasses of Mexican tequila and mezcal at bars in Seattle. It adds up. The United States trades $1.9 trillion a year -- $5 billion a da»»»
Pavăl Holding’s financing for Carrefour acquisition, the largest in Banca Transilvania’s history
“This is a landmark moment for Banca Transilvania as well, confirming our ability to support local champions and large-scale projects. We are ready to support projects that have a direct impact on millions of customers and the entire business environment. We thank our client, Pavăl Holding, for the»»»
Media Review: July 1
HEADLINES The leading topics across Bulgarian media on Wednesday are the government’s efforts to stabilize Lukoil Neftochim Burgas, the debate over road safety and guardrail contracts after recent fatal crashes, and criticism of the draft 2026 State Budget. Bulgarian National Television (BNT) and T»»»
Middle East air travel slump eases as passenger demand improves in May
RIYADH: Middle East airlines showed signs of recovery in May as passenger demand decline eased to 28.4 percent from 46.6 percent a month earlier despite the ongoing conflict. The improvement helped limit the global decline in air passenger demand to 2.2 percent from 3.4 percent in April, as disrupt»»»
More than 100,000 killed in Myanmar since 2021 coup, monitor says
Since a 2021 coup ousted Myanmar's democratically elected government and triggered a civil war, 100,114 people have been killed across the country, according to a report by monitoring group Armed Conflict Location & Event Data (ACLED) released Wednesday. More than 100,000 people have been »»»