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☆ Analysis: No China, no deal: Bid to break sovereign debt logjams gets weary thumbs up
▼ + stars: | 2023-04-13 | by ( Libgeorge Marc Jones | Marc Jones | ) www.reuters.com time to read: +6 min

LONDON, April 13 (Reuters) - The latest bid by the world's leading institutions and creditors to speed up debt restructurings and get bankrupt countries back on their feet has been greeted by a mix of cautious optimism and weary scepticism by veteran crisis watchers. The somewhat loose framework around sovereign restructurings has seen Beijing seek to influence the traditional rules of engagement in these processes. The Common Framework platform introduced by leading G20 nations in 2020 aimed to bring all creditors, including China, together and streamline negotiations. Anna Ashton, director of China research at Eurasia Group, said this week’s developments underscored the benefits for China to give some ground on some of its concerns. "China is a difficult partner to talk to but we need China at the table for the solution of debt problems, because otherwise we won't see any progress," Lindner said.

☆ No China, no deal: Bid to break sovereign debt logjams gets weary thumbs up
▼ + stars: | 2023-04-13 | by ( Libgeorge Marc Jones | Marc Jones | ) www.reuters.com time to read: +6 min

☆ Who is Satoshi Nakamoto? Crypto fans just celebrated the bitcoin inventor's birthday and his legend is as mysterious as ever.
▼ + stars: | 2023-04-07 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Satoshi Nakamoto is said to be the inventor of bitcoin and wrote the token's original white paper in 2008. Nakamoto's paper, "Bitcoin: A Peer-to-Peer Electronic Cash System," was published in October 2008. In his white paper, Nakamoto cited the work of Stuart Haber, a computer scientist credited with helping invent blockchain technology. A Newsweek article in 2014 said that Dorian Prentice Satoshi Nakamoto, a Japanese American man living in California, was the elusive inventor of bitcoin. After the article published, Nakamoto's online account revived itself after a five-year hiatus, stating: "I am not Dorian Nakamoto."

Summary Wedding boom, fuelled by government handouts, fizzlesSurging inflation boosts wedding costs, devalues benefitsSome couples scaling back or even scrapping wedding feastsJanuary weddings fall to lowest since January 2014BUDAPEST, March 27 (Reuters) - Soaring inflation is taking the steam out of Hungary's wedding market, supercharged in recent years by Prime Minister Viktor Orban's lavish family support measures, with the number of weddings plunging to a nine-year-low at the start of 2023. In January the number of weddings recorded in Hungary fell to 1,230, preliminary data showed - the lowest number since January 2014. "We did not think that this wedding boom would be so strong and prolonged, but it will now probably return to equilibrium." Mihaly Toth, a master of wedding ceremonies, says the number of couples planning to tie the knot is likely to fall from last year's levels. "We will just have a small family get-together and then go out with some friends for the night," Szabo said.

☆ Hungary starts process to ratify Finland, Sweden NATO bid
▼ + stars: | 2023-03-01 | by ( Gergely Szakacs | ) www.reuters.com time to read: +3 min

[1/4] A general view as the Hungarian parliament starts debating the ratification of Finland and Sweden's NATO membership in Budapest, Hungary, March 1, 2023. Sweden and Finland applied last year to join the transatlantic defence pact after Russia's invasion of Ukraine. With Hungary's ratification process stranded in parliament since July, nationalist Prime Minister Viktor Orban aired concerns about Sweden and Finland's NATO membership for the first time last Friday. "Finland and Sweden's NATO membership serves our foreign policy, security and economic interests and it also strengthens NATO." Finnish Foreign Minister Pekka Haavisto said on Tuesday Hungary intended to send a parliamentary delegation to Finland on or around March 9 to discuss the Nordic nation's bid for accession to NATO.

☆ Brain Chips Like Elon Musk's Neuralink Can Change Your Personality
▼ + stars: | 2023-02-15 | by ( Evan Malmgren | ) www.businessinsider.com time to read: +13 min

Musk's neurotech startup, Neuralink, has been working toward implanting its skull-embedded brain chip in a human since it was founded in 2016. Other researchers have been looking into using BCIs to restore lost senses and control prosthetic limbs, among other applications. Intervening in the delicate operation of a human brain is a sticky business, and the effects are not always desirable or intended. If a brain chip can change key parts of your personality, companies should not be rushing to put them in people's heads. Wexler told me that while most people in the industry aren't that open to using BCIs as a consumer product, they still think it's likely to happen.

JOHANNESBURG, Jan 30 (Reuters) - Nigeria's government bonds fell heavily on Monday after ratings agency Moody's downgraded the West African oil producer late on Friday to Caa1 from B3, saying the government's fiscal and debt position was expected to keep deteriorating. Longer-dated bonds were down the most, with the dollar-denominated 2051 Eurobond falling more than 2.8 cents in the dollar to 68.758 cents according to Tradeweb data . Nigeria's bonds had outperformed other African and emerging market issuers over the last six months, according to JPMorgan. "Immediate default risk is low, assuming no sudden, unexpected events such as another shock or shift in policy direction," Moody's added. Moody's said it expects just the interest payments on Nigeria's debt to take up about half of the government's revenue in the medium term, up from 35% in 2022.

☆ Wizz Air sees strong summer, but more wary than rivals
▼ + stars: | 2023-01-26 | by ( Sarah Young | ) www.reuters.com time to read: +2 min

[1/2] People stand next to a Wizz Air aircraft at Ferenc Liszt International Airport in Budapest, Hungary, August 18, 2022. Low cost rivals Ryanair (RYA.I), Europe's biggest airline, and Britain's easyJet (EZJ.L) have reported record bookings for summer holidays, in a sign that consumers are still keen on trips despite a looming recession. Asked if Wizz had seen the same, CEO József Váradi said: "Bookings are strong, but I don't want to get over-excited." Separately on Thursday, British airline and holiday group Jet2 (JET2.L) upgraded its annual profit forecast after strong demand for winter holidays and said bookings for the summer were encouraging. For the new financial year, Wizz will benefit from hedging and new capacity, forecasting growth of 25% to 30% this summer versus last, helping unit costs to improve.

☆ The US may have lost in the World Cup, but soccer is more popular than ever in America
▼ + stars: | 2022-12-12 | by ( Harry Enten | ) edition.cnn.com time to read: +36 min

The Atlas Lions made history as the first African team to reach a World Cup semifinal. They made history as the first all-female refereeing crew for a men's World Cup match. It was Morocco's first World Cup win since 1998 — and its third-ever at the tournament. Less spoken about is that they also rate better on television than the men do in the World Cup. We’ll just have to wait and see, though with the US, Canada and Mexico hosting the 2026 World Cup, soccer isn’t going away anytime soon.

☆ Croatia beats Japan on penalties to reach World Cup quarterfinals
▼ + stars: | 2022-12-05 | by ( Ben Church | ) edition.cnn.com time to read: +28 min

CNN —Goalkeeper Dominik Livaković made himself a national hero as Croatia beat Japan on penalties 1-1 (3-1) to reach the World Cup quarterfinals. Marko Djurica/ReutersJapan’s heartbreakDespite its defeat, Japan can look back at an impressive World Cup campaign. They made history Thursday as the first all-female refereeing crew for a men's World Cup match. Mbappé was one of the leading stars of the team's World Cup triumph four years ago. He also became just the third goalkeeper to save three penalties in a single World Cup shootout.

☆ France reaches World Cup quarterfinals with 3-1 victory over Poland as Kylian Mbappé breaks Pelé’s record
▼ + stars: | 2022-12-04 | by ( Matias Grez | ) edition.cnn.com time to read: +30 min

CNN —France was made to work hard for its place in the World Cup quarterfinals, overcoming an improved Poland side 3-1 thanks to goals from Olivier Giroud and Kylian Mbappé. That is Mbappé’s fifth goal of Qatar 2022 and already his ninth World Cup goal overall, breaking Pelé’s record of seven World Cup goals scored before the age of 24. They made history Thursday as the first all-female refereeing crew for a men's World Cup match. Issei Kato/Reuters Kylian Mbappé scores his second goal on November 26, leading France to a 2-1 victory over Denmark. Mbappé was one of the leading stars of the team's World Cup triumph four years ago.

☆ USMNT’s youth and talent at Qatar 2022 bodes well for 2026 World Cup
▼ + stars: | 2022-12-04 | by ( Issy Ronald | ) edition.cnn.com time to read: +31 min

The Netherlands knocked the USMNT out of the Qatar World Cup on Saturday. They made history Thursday as the first all-female refereeing crew for a men's World Cup match. Frappert became the first woman to referee a men's World Cup match. It was Morocco's first World Cup win since 1998 — and its third-ever at the tournament. Qatar is the first Islamic country to host a World Cup.

☆ Japan vs. Croatia: Samurai Blue aiming to reach World Cup quarterfinals for first time
▼ + stars: | 2022-12-04 | by ( Aimee Lewis | ) edition.cnn.com time to read: +31 min

CNN —In a World Cup of surprises, Japan has played a leading role in headline-making shock results. Croatia is a team undefeated in nine of its last 10 World Cup matches. They made history Thursday as the first all-female refereeing crew for a men's World Cup match. Frappert became the first woman to referee a men's World Cup match. It was Morocco's first World Cup win since 1998 — and its third-ever at the tournament.

☆ 'Miraculous' Croatia ready for similar-styled Japan
▼ + stars: | 2022-12-04 | by ( Andrew Cawthorne | ) www.reuters.com time to read: +3 min

"The population of Croatia is 4 million and the results we have achieved on the world stage are miraculous," said Dalic, whose nation were runners-up at the last World Cup and are unbeaten in three games in Qatar. We have become a world football force." The 12th-ranked Croatians are favourites to beat 24th-ranked Japan, but the Samurai Blue astounded expectations to defeat two powerhouses and former World Cup winners, Spain and Germany, at the group stage in comebacks. We have a similar mentality, Japan and Croatia. AGAINST THE ODDSThe coach said Croatia would fight to match or even better their performance in Russia.

☆ Record Giroud, sublime Mbappe send France into quarter-finals with Poland win
▼ + stars: | 2022-12-04 | by ( Julien Pretot | ) www.reuters.com time to read: +4 min

"It's not been easy because they're a well-organised team and we had to make some positional changes at halftime," said Deschamps. Poland's poise came close to being rewarded in the 38th minute when the onrushing Zielinski's shot was parried by Lloris. Jakub Kaminski followed, only for his shot to be saved close to the goal-line by Raphael Varane. NINE WORLD CUP GOALSOne minute from the break, however, France's tactics paid off. Mbappe now has nine World Cup goals to his name, as many as Argentina's 35-year-old Lionel Messi, and became the first player to reach that mark before his 24th birthday.

☆ Belgium’s golden era ends in a World Cup whimper
▼ + stars: | 2022-12-01 | by ( Nick Said | ) www.reuters.com time to read: +2 min

It was a meek end for a group of players who had taken the country to the top of the world rankings, but have no silverware to show for it. With 11 of their players in the squad over the age of 30, and a new World Cup cycle on the horizon, change is inevitable. Coach Roberto Martinez has also yet to sign a new contract, with his current deal expiring soon. Too many players fell short of their usual standards, not least De Bruyne, whose poor form in the first two games robbed them of their usual cutting edge. Reporting by Nick Said, editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.

☆ Pets returned to shelters in Hungary as owners face rising costs
▼ + stars: | 2022-11-04 | by ( ) www.reuters.com time to read: +2 min

[1/5] Dogs look out from a kennel at Noah's Ark Animal Shelter in Budapest, Hungary, November 2, 2022. People turn up daily on the doorstep of the Noah's Ark Animal Shelter, saying they cannot care for their pets due to the rising costs of living and energy prices and with some owners moving abroad for work. "We are now living from day to day and we have to consider hard whether we can accommodate an animal, whether we can finance the healing of an animal," Schneider says. The situation is similar across Hungary's animal shelters, according to the Hungarian Animal Protection Alliance. Pet owners walking their dogs in a Budapest park confirmed the costs of keeping pets has surged.

☆ Analysis: Weak forint rains on Hungary's 'no more hikes' parade
▼ + stars: | 2022-10-12 | by ( Krisztina Than | ) www.reuters.com time to read: +5 min

A board at a currency exchange office displays the Euro to Hungarian Forint exchange rate, in Budapest, Hungary, October 12, 2022. From October 1, the central bank raised banks' required reserve ratio, launched a new deposit tool and discount bond auctions. JP Morgan however, doubted it would help the forint much without further outright rate hikes. "Of course we are trying to contribute to a stable currency with disciplined fiscal policy," he added. "Our tools are limited, this is the world of monetary policy, it is there where the central bank needs to take appropriate measures if it wants to do so."

☆ Hungary, Serbia agree to build pipeline to ship Russian oil to Serbia
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: +2 min

The receiver station of the Druzhba oil pipeline between Hungary and Russia is seen at the Hungarian MOL Group's Danube Refinery in Szazhalombatta, Hungary, May 18, 2022. REUTERS/Bernadett Szabo/File PhotoBUDAPEST, Oct 10 (Reuters) - Hungary and Serbia have agreed to build a pipeline to supply Serbia with Russian Urals crude via the Druzhba oil pipeline as Belgrade's shipments via Croatia fall under EU sanctions, the Hungarian government said on Monday. Serbia gets its oil via the JANAF oil pipeline from Croatia. "The new oil pipeline would enable Serbia to be supplied with cheaper Urals crude oil, connecting to the Friendship oil pipeline," Hungarian government spokesman Zoltan Kovacs tweeted. Hungary has gas reserves covering about five to six months' worth of consumption, Prime Minister Viktor Orban said.

☆ Betting on flexibility, China's Nio will only rent cars in new EU markets
▼ + stars: | 2022-10-07 | by ( Victoria Waldersee | ) www.reuters.com time to read: +4 min

Chinese Nio electric car is seen at Nio's first European plant and power swap station in Biatorbagy, Hungary, September 16, 2022. Prices range from around 50,000-70,000 euros ($49,000-$69,000), depending on the car's range and whether customers buy or rent the battery. Nio will stick to direct sales in existing markets in part due to less attractive taxation on subscription models in Norway and restrictions around licence plates in China, Li said. "The advantage of our business separating the car from the battery is that we may reach economies of scale for the batteries faster than the cars," Li said. "In the long-run we believe any top company in the automotive industry will soon have in-house battery production," Li said.

☆ Hungary PM Orban says EU's Russia sanctions should be scrapped
▼ + stars: | 2022-09-22 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterHungarian Prime Minister Viktor Orban looks on during a news conference after the parliamentary election in Budapest, Hungary April 6, 2022. REUTERS/Bernadett Szabo/File PhotoBUDAPEST, Sept 22 (Reuters) - Hungarian Prime Minister Viktor Orban told his ruling Fidesz party that sanctions against Russia imposed by the European Union should be scrapped, the pro-government daily Magyar Nemzet reported late on Wednesday. Without sanctions, Europe could regain strength and could avoid a looming recession, the report quoted Orban as saying, reiterating his earlier stance that the sanctions were hurting Europe more than Russia. On his Facebook page, Orban posted from the party meeting:"The Brussels sanctions have pushed Europe into an energy crisis." read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Krisztina Than; Editing by Raju GopalakrishnanOur Standards: The Thomson Reuters Trust Principles.

REUTERS/File PhotoSept 21 (Reuters) - Florida on Wednesday asked the U.S. Supreme Court to revive a state law aimed at stopping social media companies from restricting users' political speech after a federal appeals court blocked it earlier this year. Circuit Court of Appeals, allowed a similar Texas law that had also been challenged by NetChoice to take effect. NetChoice general counsel Carl Szabo said in a statement that the group agreed the case should be heard by the Supreme Court, and was confident it would prevail. read moreAlso in May, the Supreme Court, by a 5-4 vote, temporarily blocked the Texas law while lower courts considered NetChoice's challenge. Conservative Justices Samuel Alito, Clarence Thomas and Neil Gorsuch said in a dissent that it was not clear how the First Amendment should apply to large social media companies.

Începând cu anul 2020, Mobiasbanca – OTP Group este partenerul principal al Academiei de Fotbal „ZIMBRU – 1947”, investind în viitorul fotbalului moldovenesc. Decizia a fost oficializată în cadrul unui eveniment festiv, la care au participat membrii conducerii băncii, reprezentanții Clubului de Fotbal Zimbru alături de conducerea Academiei de Fotbal „ZIMBRU – 1947”, Excelența Sa, Ambasadorul Extraordinar și Plenipotențiar al Ungariei la Chișinău. În deschiderea evenimentului, dl László Diósi, Președintele Comitetului Executiv - CEO, al Mobiasbanca – OTP Group a declarat: „Grupul OTP este un mare susținător al fotbalului în foarte multe ţări. Suportul oferit de Mobiasbanca - OTP Group va fi orientat spre îmbunătățirea condițiilor de antrenament, completarea inventarului, precum și pentru perfecționarea echipei de antrenori. Academia de Fotbal „ZIMBRU - 1947” a fost înființată după independența Republicii Moldova, în anii 1990, iar discipolii acesteia reprezintă o bază importantă pentru formarea selecționatei naționale.

Persons: Ambasadorul, Zoltan Major, László Diósi, Sergiu Topor, Sándor SZABÓ Organizations: Group, Academiei, Fotbal, Clubului, Fotbal Zimbru, Consiliului, OTP Group, Academia, Mobiasbanca, OTP Group S.A Locations: Ungariei, Chișinău, Moldovei, Republicii Moldova

☆ Mobiasbanca – OTP Group, un partener de încredere pentru viitorul fotbalului moldovenesc
▼ + stars: | 2021-06-14 | by ( ) www.ipn.md time to read: +4 min

Mobiasbanca – OTP Group, un partener de încredere pentru viitorul fotbalului moldovenescGrupul OTP susține fotbalul în mai multe țări unde este prezent în calitate de actor financiar și social responsabil, precum Ungaria, Croația, Serbia, Bulgaria și altele. Începând cu anul 2020, Mobiasbanca – OTP Group este partenerul principal al Academiei de Fotbal „ZIMBRU – 1947”, investind în viitorul fotbalului moldovenesc. În deschiderea evenimentului, dl László Diósi, Președintele Comitetului Executiv - CEO, al Mobiasbanca – OTP Group a declarat: „Grupul OTP este un mare susținător al fotbalului în foarte multe ţări. Suportul oferit de Mobiasbanca - OTP Group va fi orientat spre îmbunătățirea condițiilor de antrenament, completarea inventarului, precum și pentru perfecționarea echipei de antrenori. Academia de Fotbal „ZIMBRU - 1947” a fost înființată după independența Republicii Moldova, în anii 1990, iar discipolii acesteia reprezintă o bază importantă pentru formarea selecționatei naționale.

Persons: Ambasadorul, Zoltan Major, László Diósi, Sergiu Topor, Sándor SZABÓ Organizations: OTP Group, Group, Academiei, Fotbal, Clubului, Fotbal Zimbru, Consiliului, Academia, Mobiasbanca, OTP Group S.A Locations: Ungaria, Croația, Serbia, Bulgaria, Ungariei, Chișinău, Moldovei, Republicii Moldova

☆ Mesajele ambasadorilor țărilor UE în Republica Moldova, cu prilejul Zilei Europei
▼ + stars: | 2021-05-10 | by ( ) www.ipn.md time to read: +5 min

Mesajele ambasadorilor țărilor UE în Republica Moldova, cu prilejul Zilei EuropeiCu prilejul Zilei Europei, 9 mai, mai mulți ambasadori ai țărilor-membre ale Uniunii Europene au venit cu mesaje video pentru cetățenii Republicii Moldova, transmite IPN. „Am devenit partenerul de încredere pe care Republica Moldova se poate baza mereu”, a opinat Bartlomiej Zdaniuk, ambasadorul Poloniei în Republica Moldova. „Susținem eforturile de a face lumea mai sigură pentru noi toți”, a adăugat Paul McGarry, ambasadorul Irlandei în Republica Moldova. Prioritizăm eforturile acolo unde sunt cel mai mult necesare”, a adăugat Manuel Larrotcha Parada, ambasadorul Spaniei în Republica Moldova. Suntem cu toții mai puternici împreună”, a remarcat Evgheni Stoytchev, ambasadorul Bulgariei în Republica Moldova.

Persons: Solidaritatea, Angela Ganninger, Daniel Ioniță, Lorenzo Tomassoni, Stanislav Kazecky, Anna Lyberg, Philippe Benoit, Pascal, Paul McGarry, Manuel Larrotcha, Dimitrios Karakonstantinis, Lea Stancic, Soren Jensen, Floris van Eijk, Stella, Ingrid Kressel, Evgheni Stoytchev, Petros, Sandor Szabo Organizations: Uniunii Europene, Europa, Uniunea Europeană Locations: Republica Moldova, Republicii Moldova, Germaniei, României, Poloniei, Italiei, Chișinău, Cehiei, Suediei, Belgiei, Letoniei, Franței, Europa, Irlandei, Lituaniei, Spaniei, Slovaciei, Greciei, Sloveniei, Finlandei, Danemarcei, Olandei, Croației, Austriei, Estoniei, Bulgariei, Ciprului, Ungariei, Moldova

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