News

IMF cuts global growth forecast, warns of recession

July 26, 2022

The International Monetary Fund (IMF) has cut its forecast for global growth from 3.6 to 3.2 percent, due to high inflation and the war in Ukraine, and warned that the world may be “on the brink of a global recession,” writes Reuters. In an update to its global growth forecast on Tuesday, the IMF warned […]

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Kubrakov: The first shipments of wheat from Ukraine could be made this week

July 26, 2022

Ukrainian Infrastructure Minister Oleksandr Kubrakov said he hoped the first shipments of grain under the deal brokered by the United Nations and Turkey would leave Chornomorsk port this week. Speaking at a press conference on July 25, Kubrakov said there was no limit set in the agreement as to the amount of grain that could […]

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The euro “collapses”, the lek also hits the dollar

July 26, 2022

The lek continues to gain points against the euro and the dollar in the local market as rarely before. During today’s day, according to the Bank of Albania, one euro was exchanged for 116.61 ALL, losing 0.24 ALL since Friday last week. This is one of the lowest levels of the Euro/Lek ratio in recent […]

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Haxhiu: The Government of Kosovo welcomes Albania’s resolution on Dick Marty’s report

July 23, 2022

The Government of Kosovo welcomes any discussion regarding the resolution approved by the Parliament of Albania on the Dick Marty report, said the Minister of Justice, Albulena Haxhiu, and added that she does not know whether the resolution will have an impact or not “because that it is too early to talk about this”. The […]

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Red alert in Bosnia, Serbia and Croatia! Here’s how the temperatures are expected to go

July 23, 2022

Hydrometeorological institutes in Bosnia and Herzegovina, Serbia and Croatia have issued a red weather alert for July 23 due to high temperatures. In accordance with the recommendations of the World Meteorological Organization, the population is advised to take precautions in such weather conditions. It is also possible to interfere with daily routines, so outdoor activities […]

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The engineer who claimed that Google’s Artificial Intelligence has feelings has been fired

July 23, 2022

Blake Lemoine, the Google engineer who publicly claimed that the conversational artificial intelligence LaMDA has feelings, has been fired, according to a newsletter from Big Technology, who spoke with Lemoine. In June, Google suspended Lemoine with pay for violating a nondisclosure agreement after he contacted members of the government about his concerns, and hired a […]

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North Macedonia bans the export of wheat, flour and wood

July 21, 2022

The government of North Macedonia on Wednesday approved new measures to deal with the economic crisis. According to the decision, the export of wheat, flour, wood and pellets is prohibited from July 20, while the customs tax for the import of household oil is removed until the end of the year. The Government’s decision comes […]

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Abazovic says he will not resign after losing support in Parliament

July 21, 2022

The Prime Minister of Montenegro, Dritan Abazovic, has said that he will not resign, after the loss of support in Parliament by the Social Democratic Party (SDP) and the Democratic Party of Socialists (DPS) for his Government. On July 20, these parties repeated their demands for resignation, during Abazovic’s speech in the Assembly. The vice-president […]

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Elon Musk reacts to the photos that the paparazzi published of him from the beach: Maybe I should undress more often, stick out my chest

July 20, 2022

Elon Musk has been mocked for his photos of himself naked on the beach baring his chest while enjoying his vacation on a yacht in Mykonos. The world’s richest man was photographed looking very pale in the summer sun and enjoying a drink on a boat near the Greek island on Sunday, DailyMail reports. The […]

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Biden welcomes the opening of negotiations: It is important to support the aspiration for a complete Europe

July 20, 2022

The US President, Joe Biden, has welcomed the opening of negotiations for Albania. In a statement the White House says that at a time when Russia has destroyed peace in Europe, it is more important than ever to support the aspiration for a full, free and peaceful Europe. It is further said that the steps […]

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