The US Condemns Houthis for Abducting Bulgarian Sailors
Barbara Leaf, the US Assistant Secretary of State for Middle East Affairs, criticized the Yemeni Houthis for their inhumane actions in capturing merchant ships, including the "Galaxy Leader"
The United States is likely to enter a recession this year and face high inflation through 2024, a majority of economists polled in a recent survey predicted.
More than two-thirds of respondents to the National Association for Business Economics (NABE) policy survey forecast that inflation will remain above four percent at the end of this year.
The survey aggregated responses from 217 NABE members and was conducted between March 2 and 10, the organization said in a statement.
The US Federal Reserve raised interest rates by 4.75 percentage points in an effort to tackle rising inflation, which last year hit its highest level in decades.
In February, price growth slowed slightly to an annual rate of 6.0%, well above the Federal Reserve's long-term target of 2%.
Amid the bleak economic outlook, there was some good news as only five percent of those surveyed believed the US was currently in the midst of a recession, down "much less" from 19 percent in the previous economic survey, said in a statement NABE President Julia Coronado.
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The European Parliament has approved the EU's inaugural directive aimed at regulating the employment rights of individuals working through online platforms
In recent years, Moldova has been faced with the challenge of reducing its dependency on Russian gas imports.
As the Hungarian forint experiences volatility, German investors are increasingly advocating for Hungary to adopt the euro, reaching the highest level of support in over a decade
In a statement underscoring growing concerns over national security, FBI Director Christopher Wray has declared that the popular social media app TikTok poses a significant risk to the United States
Eurostat data indicates that Greece (161.9%), Italy (137.3%), France (110.6%), Spain (107.7%), and Belgium reported the highest public debt-to-GDP ratios among EU member states by the conclusion of 2023
A damning report from the US State Department has unveiled a troubling reality of systematic racial and ethnic violence and discrimination against Bulgarians in the Republic of North Macedonia
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Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022