Friday, October 11, 2024

Japanese Hidankyo’s Nobel Peace Prize Laureate for Actions Toward Nuclear Disarmament

This year's Nobel Peace Prize for "efforts to achieve a world free of nuclear weapons and for demonstrating through witness testimonies that nuclear weapons can never again be used" has been awarded to the organization Nihon Hidankyo. Comments from experts at the Nobel Week Information...

Inflation gives markets something to think about

On Friday morning, we observe a reaction to yesterday's inflation surprise in the US. The dollar is declining, which positively affects the Polish zloty. Mixed data from the UK did not directly affect...

Controls at the Polish-German border a threat to entrepreneurs

There has been an animated discussion in Brussels about the situation at the Polish-German borders that has recently refocused attention on the controls that are being felt by entrepreneurs operating in Szczecin and...

Inflation in the US is falling slower, labor market weakens

Yesterday's data from the US was not particularly optimistic. Inflation is declining slower than expected. Moreover, there are significantly more claims for unemployment benefits than anticipated. Readings from Europe did not disrupt the markets. Inflation, however,...

Inflation in the USA is on a steady path back to the target

The CPI inflation in the USA in September stood at 2.4 percent y/y. The inflation index has been on a steady downward trend for another month, approaching its target, although the market consensus...

GDPR and Cybersecurity: The Key Role of Industry Codes of Conduct According to KPMG

Since the introduction of the GDPR (General Data Protection Regulation) in 2018, compliance with personal data protection regulations has become a priority for companies across the European Union. In Poland, the process of...

Debts in the Automotive Industry Are Growing at Full Speed

The automotive industry in Poland is one of the driving forces of economic growth, accounting for approximately 8% of GDP. In the first half of this year, the number of new car registrations increased by 16%. While the sector is stabilizing after years of crises, the debt levels among companies remain alarmingly high. Data from the BIG InfoMonitor Debtor Register and the BIK credit information database reveal that by the end of July 2024, the liabilities of wholesale and retail car dealers, as well as companies repairing these vehicles, amounted to over PLN 1.2 billion. Additionally, the car rental and leasing segment added to the industry's debt with unpaid...

Housing Market Situation in Poland: Developers Assess Sales in Q3 2024

No Decision on Government Program, High Interest Rates, and Summer Vacation Impact Q3 2024 Housing Sales. The lack of decisions regarding government programs, persistently high...

Demand for Housing Loans Decreases, but the Value of Loan Applications Increases

The value of housing loan inquiries decreased by 16.9% year-on-year in September 2024, according...

Polish Women Dream of Self-Confidence, but They Lack It

Only 34 percent of Polish women believe in their capabilities, according to 71 percent of the respondents, this is a characteristic that distinguishes confident individuals. The latest study suggests that self-confidence is more important...

Germany Implements Temporary Border Controls Amid Criticism from EU Neighbors

Germany has introduced temporary controls at all land borders in an effort to curb illegal migration. Such measures are permitted when there is a threat to public order or internal security. However, Polish...

What Will Happen If Trump Wins It All?

After Donald Trump’s rebound in the polls last week, John J. Hardy, Chief Macro Strategist at Saxo, paints a...

Another Wave of Disinformation Targets Moldova’s EU Membership Efforts

Cybercriminals have launched a campaign against Moldova's bid for...

Polish Consumers Ready for AI: Companies Must Meet Growing Expectations

Polish consumers are using AI in their daily lives...

Inflation in the USA: Slowing down, but slower than expected. Markets remain calm.

Published on Thursday, US CPI inflation data fits into the picture of slowing inflation. In September, the CPI dropped from 2.4% y/y from 2.5%...

Develia signed a letter of intent regarding cooperation in the implementation of student dormitories

Develia has signed a Letter of Intent with Innova Capital and Solida Capital to realize a portfolio of student housing investments through the dedicated...

The distance between the EU and the economies of the US and China is increasing. The competitiveness of EU companies is declining

The report by Mario Draghi published in September paints a bleak economic future for the European Union, unless it undertakes multi-billion investments in innovation....

Space Education Crucial as Humanity Prepares for Mars Colonization by the Turn of the Century

By the middle of this century, humanity could set foot on Mars, and at the beginning of the next one - colonize it. Such...

Zloty Weakens Amid Rising Middle East Tensions and Strong U.S. Labor Data, USD Gains Momentum

For the zloty - as with other regional currencies - it was a weak week. Rising tensions in the Middle East have led investors...

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