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Historical Events of February 20th in Albania and the World
<p>Historical Events of February 20th in Albania and the World February 20th holds significant importance in the history of both Albania and the world, as various events have occurred on this day that marked important turning points. Some of these events are related to political, social, and cultural developments. Significant Events in Albania: Significant Events […]</p>
Feb 20
The big mistake that Bill Gates spent 400 billion dollars on
<p>The co-founder of Microsoft and once the richest person in the world, Bill Gates, admitted what his biggest mistake in his career was. In a recent interview, Gates spoke candidly about Microsoft’s failure to secure a leading position in the mobile operating system market – a failure that allowed Google’s Android to dominate as a […]</p>
Jan 24
German groups dominate the electric vehicle market but lag behind Chinese manufacturers
<p>German car manufacturers now dominate the electric vehicle market in Germany. VW, along with its brands Skoda, Audi, and Seat, are included among the top 10 best-selling electric vehicles. Foreign brands like Renault and Tesla are struggling in the German electric vehicle market. Their sales are declining, while German manufacturers dominate. Overall, electric vehicle sales […]</p>
Jan 10
USA, “Amazon” invests 11 billion dollars in artificial intelligence infrastructure
<p>The American technology giant “Amazon” has announced plans to invest 11 billion dollars in the U.S. state of Georgia to expand and improve the artificial intelligence infrastructure of its “Amazon Web Services” (AWS) unit. “Amazon” said that this “cloud” unit plans to invest 11 billion dollars to expand its infrastructure in Georgia to support cloud […]</p>
Jan 10
Wildfires in California, insurance companies facing losses of up to 10 billion dollars
<p>Insurance companies are preparing for losses of up to 10 billion dollars due to the wildfires in Los Angeles. Moody’s estimates that the losses for insurance companies will range in the ‘billions of dollars due to the high value of homes and properties in the affected areas,’ while Morningstar DBRS preliminarily predicts losses exceeding 8 […]</p>
Jan 9
Russia adopts Bitcoin for international trade amid sanctions
<p>As global tensions mount and Western sanctions tighten, Russia has turned to cryptocurrencies, such as Bitcoin, to facilitate international trade. In a bold step toward economic adaptability, Russian Finance Minister Anton Siluanov confirmed that the country has started using digital currencies in foreign transactions. This significant move follows legislative changes designed to counteract the challenges […]</p>
Dec 28, 2024
Switzerland reports $112 million in frozen Syrian assets
<p>Currently, Switzerland has 99 million Swiss francs ($112 million) in frozen Syrian assets, most of which have been blocked for years, the Swiss government announced on Wednesday. The majority of these assets have been frozen since May 2011, when Switzerland adopted European Union sanctions against Syria, according to the State Secretariat for Economic Affairs (Seco). […]</p>
Dec 12, 2024
Cheaper payments in banks! Albania’s entry into SEPA, saving 20 million euros in the first year
<p>Albania Joins European Payment System SEPA: Significant Savings and Economic Boost Expected Albania is now part of the European euro payment system, SEPA (Single Euro Payments Area), marking a significant milestone for businesses, citizens, and the national economy. With SEPA, individuals and businesses can perform payments and money transfers at much lower costs. According to […]</p>
Nov 29, 2024
US Federal reserve decision: Keeping interest rates steady amid economic uncertainty
<p>In a recent meeting, the U.S. Federal Reserve announced that it will keep interest rates steady, maintaining the target range at 5.25% to 5.5%. This decision reflects the Fed’s cautious approach amid ongoing economic uncertainty. The Federal Reserve has raised interest rates multiple times over the past year to combat high inflation, but recent data […]</p>
Nov 10, 2024
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