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Source: Twitter
One of the Investment Companies, owned by Bill Gates, made USD 80 million worth of investment in land which is 45 minutes away from Phoenix, Arizona. It is a desert location with the conditional name Belmont, which in the future will become an innovative city of the future, reports kaldata.
The area of the purchased plot, intended for the construction of the smart city, is about 10,000 hectares. Next to it runs the highway linking Phoenix to Las Vegas. A press release from the Belmont Partner investment group says Belmont will be building a modern community with the latest communication and infrastructure using state-of-the-art technologies based on high-speed digital networks, datacenters, new production technologies , autonomous transport and others.
The three leading telecommunications operators in Bulgaria inject more than 640 million BGN (≈327 million EUR) annually into the development of networks and services
Foreign direct investment in Bulgaria reached €2.53 billion by the end of September 2025, preliminary data from the Bulgarian National Bank indicate.
Bulgaria is experiencing stagnation in investment, with spending on productive capital reaching roughly 18% of GDP by 2024
Bulgaria has climbed one spot to 37th place among 139 economies in the 2025 Global Innovation Index, solidifying its position as the most innovative country in the Balkans
Bulgaria is on the verge of joining the eurozone, prompting questions about the possible inflationary impact of adopting the euro
The Executive Agency for the Promotion of Small and Medium-sized Enterprises (BSMEPA), under Bulgaria’s Ministry of Innovation, has formalized a partnership with the International Bank for Reconstruction and Development
Italy, Bulgaria, Malta and Belgium have issued a joint statement expressing reservations about the European Union’s plan to use frozen Russian assets as the basis for a large-scale financial mechanism to support Ukraine
The European Union has moved to lock in the freeze on Russian central bank reserves, marking a significant shift in how the bloc handles Moscow’s sovereign assets and opening the way for a large-scale financial package for Ukraine
The European Commission made clear that Bulgaria’s planned entry into the Eurozone remains unchanged, regardless of the political uncertainty in Sofia.
The Eurogroup meeting concluded with an official decision that clears Bulgaria to join the European Stability Mechanism
Croatia’s 2025 tourist season has delivered a stark warning about the country’s position in the Mediterranean travel market
The Court of Justice of the European Union has rejected claims that it has issued a ruling blocking Bulgaria’s planned entry into the eurozone
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
When Politics Means Violence
