Albania’s economy is facing pressures as a result of the war in Ukraine, through the immediate rise in prices and further tightening of global financial conditions, the IMF report says, after concluding the visit of the team sent to Tirana. Yan Sun, who led the International Monetary Fund team, noted that the sharp rise in… Continue reading Albania is facing rising prices as a result of the war in Ukraine
Apple has lost its position as the world’s most valuable company amid a broad sell-off of technology stocks. Saudi Arabian oil and gas producer Aramco has reclaimed the top spot from the iPhone maker for the first time in almost two years. Investors have been selling shares in technology firms as they move into what… Continue reading Apple loses position as most valuable firm amid tech sell-off
Apple has announced that it will discontinue production of the iPod Touch, ending a widely acclaimed device for revolutionizing the way people listen to music. According to foreign media, when the first iPod was launched in 2001, it could store 1000 songs while today there are more than 90 million songs in Apple’s broadcast service.… Continue reading Apple will stop producing the iPod after 21 years
Elon Musk and Twitter (TWTR) were sued on Friday by a Florida pension fund seeking to stop Musk from quickly completing his planned $44 billion takeover of the social media company. In a complaint filed in Delaware Chancery Court, the Orlando Police Pension Fund said that under Delaware law Musk cannot complete the takeover until… Continue reading Musk’s $44 billion Twitter buyout challenged in shareholder lawsuit
S&P Global says the Russian government has failed to pay its debt for the first time in more than a century. The $ 649 million tranche was to be paid in dollars, but the Kremlin paid it in rubles, as its dollar reserves were blocked in foreign banks. Russia’s failure to make payments to creditors… Continue reading Russia still fails to pay its debt in more than a century
A SpaceX Falcon 9 rocket once again successfully launched a US spy satellite from the Vandenberg Space Force Base in California, the company said. The Falcon 9 was developed by Elon Musk’s SpaceX to be the first orbital-class rocket capable of launching multiple missions, as a way to drive down costs, and SpaceX made history… Continue reading SpaceX’s Falcon 9 launches spy satellites for a second time
The Prime Minister of Bulgaria, Kiril Petkov, on Saturday, February 16, visited the city of Bitola in Northern Macedonia, where he stressed the need for good neighborly relations, not only between the two countries, but also in the wider region. of the Western Balkans. Speaking about the dispute between the two countries over its historical… Continue reading Petkov: If there is no stability in the Balkans, we have achieved nothing
Money in circulation has reached the record figure. The Bank of Albania shows that for March it reached 380 billion ALL, the highest addition of cash circulating outside the Bank over the years. During February, the figure was fixed at 376 billion ALL, thus increasing by 4% the use of local currency. Meanwhile, compared to… Continue reading 380 billion ALL outside banks, informality increases in Albania
Twitter unveiled its counterattack against Elon Musk on Friday, using a strategy invented to repel corporate raiders in an attempt to block a takeover bid by the world’s richest person. The strategy, known as a poison pill, would flood the market with new shares if Musk, or any other individual or group working together, bought… Continue reading Twitter Adopts ‘poison Pill’ as Challenger to Musk Emerges
According to an SEC filing, Musk has offered to acquire all the shares in Twitter he does not own for $54.20 per share, valuing the company at $43.4 billion. That represents a 38% premium over the closing price on April 1, the last trading day before Musk disclosed that he had become Twitter’s biggest shareholder,… Continue reading Elon Musk has made an offer to buy Twitter (TWTR) and take it private
