Economy

Familiar Auto Industry Sinks into Ruin: More Than 1,000 Jobs Threatened

Two automotive industry companies - Bohai and Schlote Group - face the shutdown of operations in the German state of Saxony-Anhalt, threatening over 1,000 jobs.

Russian Oil Under Pressure: Kremlin Announces Blow to Global Market

The price of oil will skyrocket

Product Exchange: Demand Activity Decreased for the Second Week in a Row

At the Product Exchange in Novi Sad, during the past week, for the second week in a row, the commodity market was characterized by extremely weak buyer activity, and compared to the previous period, smaller quantities were traded, with wheat and corn being the most represented in trading, according to the exchange report.

Serbia and the IMF: GDP Growth Significantly Higher Than Expected

First Deputy Prime Minister of Serbia and Minister of Finance Siniša Mali met today with a delegation of the International Monetary Fund (IMF) Mission led by Annette Kyobe and stated that the flash estimate of Serbia's GDP growth in the first quarter is three percent, which is significantly above the initially planned dynamic.

Shakira Delights Two Million Brazilians with Free Beach Concert

Colombian singer Shakira held a concert last night on Copacabana beach in Rio de Janeiro, and according to the mayor, the event attracted two million people to one of the most famous beaches in the world.

The number of farms engaged in organic farming is growing

In the Republic of Srpska, farms used a total of 1,999 hectares of agricultural land in the certified organic production sector last year, according to data from the Republic of Srpska Statistics Service.