Shrinking Population, Rising Wages: The Contradictions Shaping Bulgaria Today
Bulgaria’s population continues to shrink, entire settlements are being emptied, while at the same time new housing is being built and left unoccupied
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Photo: Stella Ivanova
The global population reached 8.09 billion by the end of 2024, marking an increase of over 71 million people, according to the U.S. Census Bureau. This growth represented a 0.9 percent rise, slightly lower than the previous year when the population expanded by 75 million.
As the world moved into 2025, the bureau projected that 4.2 births and 2 deaths would occur every second globally. In the United States, the population grew by 2.6 million in 2024, reaching 341 million by the start of the new year.
For the U.S., the projections indicated that a birth would take place every 9 seconds and a death every 9.4 seconds in January 2025. Additionally, the country's population would increase by one person every 23.2 seconds due to international migration.
The combination of births, deaths, and net international migration is expected to result in a population increase of one person every 21.2 seconds in the U.S., according to the Census Bureau's estimates.
The European Union has agreed on a major overhaul of its steel import regime, effectively doubling tariffs in an effort to protect domestic producers from what officials describe as a growing wave of low-cost foreign, particularly Chinese, exports
U.S. President Donald Trump has again escalated rhetoric beyond the ongoing war with Iran, suggesting that Cuba could become Washington’s next target
Hungary’s incoming prime minister Péter Magyar has signaled that his government will not obstruct the European Union’s €90 billion loan for Ukraine, while making clear that Budapest itself will not participate in the mechanism
The United States has moved forward with a major escalation in its conflict with Iran, enforcing a naval blockade on all Iranian ports as of Monday, targeting traffic through the Strait of Hormuz
The introduction of the euro in Bulgaria has so far produced only a limited and largely one-off effect on consumer prices, according to an analysis by the European Central Bank
Efforts to secure a lasting end to hostilities between the United States and Iran have stalled after prolonged negotiations in Islamabad failed to produce a breakthrough, casting doubt over a fragile ceasefire now entering its seventh week
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