BUSINESS

Welcome to Split, where parking isn’t just a matter of luck, but how deep your pockets are! Starting July 7th, the Split city port is cracking down hard on illegal parking with fines soaring up to a whopping 1000 euros for individuals and a staggering 3300 euros for companies! Yes, you read that right –…

Have you heard about the latest economic magic trick from South Korea? President Lee Jae-myung has decided to give every citizen about 100 euros, but not to save or spend as they wish – no, he wants them to spend it in restaurants! Yes, you read that right. Amid a drop in consumption, the president…

Fruskogorski Corridor: Serbia’s Longest Tunnel and Largest Bridge Almost Ready for Traffic! Did you know that Serbia is about to get its longest tunnel and the largest bridge over the Danube? Yes, you read that right! The Fruskogorski Corridor, connecting Novi Sad to the border with Bosnia and Herzegovina via Ruma, Šabac, and Loznica, is…

Ford to Lay Off 2,000 Workers in Cologne: Unions and Management Clash Over Severance and Early Retirement! Ford’s factory in Cologne, employing around 11,000 people, is gearing up to lay off a staggering 2,000 workers by the end of the year. Why? Because the production of conventional cars is tanking, and the switch to electric…

Apartment Prices in Republika Srpska: Who Can Afford 3 Marks per Square Meter? Introduction: Prices Keep Rising, and the Differences Are Huge! If you thought buying an apartment in Republika Srpska was easy and cheap, think again! Apartment prices per square meter continue to soar, and the differences between municipalities and cities are like night…

Nvidia: The Tech Giant That Just Outvalued the Entire German Industry! Imagine this: one company, Nvidia, is worth more than the entire German industry combined! Yes, you read that right. The American tech giant recently hit a market value of over 4 trillion dollars, surpassing the total value of all companies listed on the German…

Levi Strauss and the Tariff War: Jeans That Just Won’t Quit! Did you know that Levi Strauss’s stock jumped over 7% on Friday before the market even opened? Yes, you read that right! The iconic jeans maker raised its annual revenue and profit forecasts thanks to strong demand in stores and on its website. But…

Serbian High Schoolers Conquer Europe: How a Student Company from Mladenovac Took Athens by Storm! Imagine this – five high school students from Mladenovac, with their student company “Tbuddy,” won a prestigious award at a European competition in Athens! Yes, you read that right! While many teenagers are busy with Instagram and TikTok, these young…

US President Donald Trump has threatened to impose 30% tariffs on imports from the European Union, Mexico, and Canada, potentially sparking a full-blown trade chaos. The European Union currently enjoys an annual trade surplus of $6.6 billion with the US, but these tariffs could severely damage key sectors such as Ireland’s pharmaceutical industry, Germany’s automotive…

Ready for chaos in Montenegro’s real estate market? While many wonder where the classic investments have gone, data from Montenegro’s Central Bank drops a bombshell – real estate investments have exploded by a whopping 20% in the first four months of this year compared to last! But it’s not all sunshine and rainbows. As foreign…