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Romania continues to grapple with inflationary pressures, as the annual inflation rate edged up to 5.02% in February 2025, compared to 4.95% in January, exceeding market expectations of 4.75%, according to data published by the National Institute of Statistics (INS) on Thursday. Despite recent monetary measures, inflation remains significantly above the National Bank of Romania’s (BNR) target range of 1.5% to 3.5%.

In its latest monthly report released in March, the Organization of the Petroleum Exporting Countries (OPEC) maintained its forecast for global oil demand growth in 2025 at 1.4 million barrels per day (bpd), consistent with its previous estimates. This projection underscores the organization’s confidence in steady oil consumption trends despite ongoing global economic uncertainties. The report also highlighted a slight upward revision

Established in 1775, the United States Postal Service (USPS) has long been a pillar of American communication, evolving from a modest mail delivery system into an extensive nationwide network serving millions daily. However, despite its historical significance, the USPS has faced mounting financial struggles, culminating in a staggering net loss of nearly $10 billion in the fiscal year ending September 2024. This

Arab League states endorsed a $53 billion postwar reconstruction plan for Gaza, spearheaded by Egypt, aimed at rebuilding the devastated enclave while preventing the displacement of nearly 2 million Palestinians. The plan, approved at an emergency summit in Cairo on Tuesday, serves as a counterproposal to U.S. President Donald Trump’s controversial vision of transforming the region into a U.S.-controlled “Middle East Riviera.”

Billionaire entrepreneur Elon Musk has made an audacious move to reclaim influence over OpenAI—the company he co-founded in 2015 but later distanced himself from. Backed by a powerful consortium of investors, the CEO of X, Tesla and SpaceX, reportedly offered $97.4 billion to acquire OpenAI’s nonprofit arm, aiming to restore its original mission of open-source, safety-first AI development. Musk’s Bold Attempt to

The artificial intelligence (AI) revolution is reshaping industries at an unprecedented pace. While established tech giants remain key players, startups are the driving force behind groundbreaking innovations in AI. From transforming healthcare to revolutionizing logistics, these agile newcomers are not only capturing investor interest but also redefining the global economic landscape. The Rise of AI StartupsAI startups are flourishing across the globe,

Donald Trump won a second term in a historic return to White House after beating Kamala Harris in Tuesday’s (Nov. 7, 2024) presidential election. In his victory speech, he declared his intention to “help the country heal,” and promised that his next administration would be “the golden age of America.” Among the people Trump thanked for his victory was popular podcast host Joe Rogan,

JP Morgan Private Bank and Beauhurst found in an annual report that since 2014 private investment in businesses founded, led or managed by women in the UK has tripled, reaching £4.01 billion today. This trend aligns with the broader high-growth ecosystem where private investment has risen from £5.21 billion in 2014 to £17.3 billion in 2023. The report analysed 14,555 companies in

Saudi Arabia opens to settling trade in other currencies than the US dollar, the country’s finance minister said, in one of the clearest signs yet that the oil-rich kingdom is seeking to strengthen its relations with crucial trade partners and diversify away from the greenback. “There are no issues with discussing how we settle our trade arrangements, whether it is in the US