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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 Romanian government is moving to reshape the country’s economy by shifting the focus from consumption-driven growth to investment-led development, according to Finance Minister Alexandru Nazare.
2025 marked a historic year for investment gold, both globally and in Bulgaria, with record prices and growing investor interest. Over the past 12 months, gold surged nearly 60% year-on-year, setting more than 50 new price peaks, confirming its position a
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
A group of Members of the European Parliament has raised concerns over the potential leakage of confidential EU information to Russia, urging stronger safeguards within the European Parliament
Moldovan President Maia Sandu has formally enacted legislation withdrawing the country from the Commonwealth of Independent States (CIS), marking a decisive step in Chisinau’s gradual disengagement from Russian-led structures
The European Public Prosecutor’s Office (EPPO) has carried out a series of coordinated investigative actions across several countries, including Bulgaria and Romania, as part of a probe into suspected large-scale fraud involving EU funds
A fragile ceasefire between the United States and Iran has coincided with escalating tensions over the Strait of Hormuz, where Iran has moved to tighten control over one of the world’s most critical maritime routes
US President Donald Trump has sharply criticized NATO allies over what he described as their unwillingness to support Washington during the war with Iran, following a two-hour meeting with Secretary-General Mark Rutte at the White House
Lebanon has declared a national day of mourning after one of the deadliest days in recent months, with at least 254 people killed and more than 1,165 injured in Israeli strikes carried out shortly after the announcement of a US-Iran ceasefire
Aniventure Comic Con Returns to Bulgaria with Star Guest Christopher Judge!
Global Fuel Shock: Oil Jumps Over 40% Since Iran War Began
