Economy

A Silicon Valley tech titan has been sued for $40 million by a woman who claims he used her as a sex slave for 13 years.

Michael Goguen, who had worked for a firm that funded Google and Paypal, had been “sexually and physically” abusing Amber Laurel Baptiste over more than 13 years after meeting her at a strip club in Texas, her lawsuit alleges.

The Serbian police announced on Tuesday that they had five persons in custody on suspicion of stealing cables belonging to Telekom Srbija.

The theft caused damages of around RSD 5 milion to the state-owned telecommunications company, leaving 7,000 of its customers without service.

Tourism representatives from the southern province of Antalya, Turkey's tourism center, have said they did not find what had expected at the ITB Berlin fair, adding they saw 2016 as a difficult year for the sector once again. 

Tourism representatives from the southern province of Antalya, Turkey's tourism center, have said they did not find what had expected at the ITB Berlin fair, adding they saw 2016 as a difficult year for the sector once again. 

Bulgaria's unemployment rate stood at 10 % in February, recording 0.2 % drop compared to the first month of this year and 1 % decrease compared to February 2015.

A total of 329 610 people were registered as unemployed in February, which represented a decrease of 4960 people compared to January 2016 and a drop of 31 566 compared to February 2015, the Employment Agency informs.

Turkey's unemployment rate rose to a 10-month high of 10.8 percent in December 2015 from 10.5 percent in the previous month, data from the Turkish Statistics Agency (TÜ?K) showed on March 15. The rate was 10.9 percent in December 2014, according to official data. 

Russian energy giant Gazprom believes Bulgaria, Greece, Macedonia and Serbia might put off payment for gas, oil and other kinds of fuels or not pay at all, Russian newspaper Vedomosti reports.

The daily cites documents prepared by Gazprom on the occasion of forthcoming Eurobonds issuance.  

The Bulgarian customs have thwarted an attempt to smuggle 16.2 tonnes of cut tobacco for smoking across the country's border with Greece and save BGN 2.5 M (EUR 1.27 M) in excise duty.

The tobacco had been discovered by customs officers in a Bulgarian-registered truck at Kulata crossing on the border with Greece, the National Customs Agency said in a statement on Monday.

Bulgaria is selling a EUR 1.994 B dual-tranche bond, Reuters reported on Monday, citing a lead manager.

The transaction comprises a EUR 1.144 B seven-year tranche and a EUR 850 M 12-year tranche, the newswire said.

If elected president, Donald Trump has pledged to scrap a work visa program that brings 300,000 student workers each year to the U.S. Among the businesses that would be forced to stop hiring foreign labor: Trump's own.