Bulgaria has taken a major step in its economic journey by officially adopting the euro as its national currency, marking a significant shift in the country’s financial and monetary framework. The move aligns Bulgaria more closely with the European Union’s core economies and represents a milestone in its long-standing integration process. With the adoption of...
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December 28, 2025December 28, 2025City, Economics, Global Market, Global Politics, Life & Style, Trending
U.S. H-1B Visa Overhaul Raises Concerns Over Major Economic Impact
WASHINGTON D.C., Dec. 28, 2025 — The U.S. government’s sweeping changes to the H-1B skilled work visa program have sparked significant concern among industry leaders and economists about their potential impact on both the American and global tech and services economy. At the center of the debate is an estimated $198 billion economic contribution tied...
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December 28, 2025December 28, 2025City, Economics, Global Market, Life & Style, News
UK Faces Structural Decline in Living Standards as Cost-of-Living Crisis Deepens
LONDON, Dec. 28, 2025 — New economic forecasts paint a troubling picture for Britain’s households, as the cost-of-living crisis evolves from a short-term shock into a structural decline in living standards. According to the latest analysis by UK think tanks, inflation, sluggish growth and tax pressures are eroding real incomes and pushing living standards lower...
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Hong Kong Revises 2025 Growth Forecast to 3.2%, Led by Exports, Investment and Financial Markets
HONG KONG, Dec. 28, 2025 — Hong Kong’s government has raised its economic growth projection for 2025 to about 3.2 %, up from the earlier forecast range of 2 – 3 %, reflecting stronger-than-expected performance in key sectors including exports, investment and financial markets. Officials say the revision comes after a solid performance throughout the...
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December 28, 2025December 28, 2025Economics, Global Market, News
China Pledges More Proactive Fiscal Policy in 2026 to Support Growth and Domestic Demand
BEIJING, Dec. 28, 2025 — China’s Ministry of Finance has announced that the country will adopt a more proactive fiscal policy stance in 2026, aimed at strengthening domestic demand, accelerating innovation, and expanding social support networks as it strives to sustain robust economic growth of around 5 % next year. At the national fiscal work...
