News archive of December 2023

Economic Shift: Bulgaria's Business Climate Slumps in December

Bulgaria faces a challenging turn in its business climate as December reports unveil a decline in the total business climate indicator by 1.8 percentage points (pps), dropping to 19.8% from November's 21.6%. The National Statistical Institute highlighted a downturn primarily impacting construction, retail trade, and services sectors.

Industry Holds Steady but Faces Hurdles

DYPA policies help more than 50,000 jobless find work

Over 50,000 unemployed people benefited from the active employment policies of the Public Employment Service (DYPA) within 2023, although it is not known exactly how many of them remain in the labor market immediately after the end of the program in which they participated.

British warship in Guyana waters, fanning tensions with Venezuela

A British warship arrived off the coast of Guyana on Friday, further fueling tensions over a territorial dispute with Venezuela, which has launched a major military exercise in response to what it termed an "unacceptable" threat.

Israel strikes Syria after rocket fire: Israeli army

The Israeli army said early Saturday that it was carrying out strikes in Syria after two rockets fired from the country fell into territory under its control.

"Following the report regarding sirens sounding in northern Israel, a short while ago two launches that were identified crossing from Syria fell in an open area," the army said.

China tensions rising, US revives WWII-era Pacific airfield

In the middle of the Pacific ocean, an abandoned U.S. airfield once key to dropping the nuclear bomb on Japan — and nearly lost to history amid encroaching forest — is being revived.

But as the Americans hack away at the jungle overgrowth at Tinian island airfield and other old, World War II-era bases across the region, it won't be with Japan on their mind.

'Massive' Russian strikes kill at least 30 across Ukraine

Russia launched a massive air attack over Ukraine on Friday, killing at least 30 people and wounding scores across the country in the fiercest assault since the first days of the war nearly two years ago.

Schools, a maternity hospital, shopping arcades and blocks of flats were among the buildings hit in the barrage, said Ukrainian officials.

Enel completes sale of stake in Greek subsidiary

Italy's Enel group announced on Friday that, through its wholly owned subsidiary Enel Green Power (EGP), it has completed the sale of 50% of Enel Green Power Hellas (EGPH), wholly owned by EGP, to Macquarie Asset Management, through Macquarie Green Investment Group Renewable Energy Fund 2 (MGREF2), after the fulfillment of all conditions customary for this type of transaction, including approva

'Exhausted' Gazans desperate for war to end as Israel presses offensive

After nearly three months of deadly strikes, incessant displacements and sputtering humanitarian aid, "exhausted" Gazans say they are desperate for an end to the fighting as Israel's war against Hamas looks set to grind on into the new year.

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