Commencement of Corporate Tax Declaration and Payment Period

Corporate taxpayers can submit their 2024 tax returns between April 1-30. The declaration period has started for capital companies, cooperatives, economic public institutions, and enterprises of associations or foundations under corporate tax liability. Taxpayers can declare their corporate taxes for the 2024 tax period by the end of April. Corporate taxes will be paid between […]

OpenAI secures $40 billion investment

Artificial intelligence company OpenAI has raised $40 billion in funding based on a valuation of $300 billion. Reports indicate that the U.S.-based AI company OpenAI secured $40 billion in funding with a valuation of $300 billion. According to a statement from OpenAI, the developer of the AI tool ChatGPT, the company has raised $40 billion […]

Ukraine initiates discussions with the US on rare earth elements agreement

Ukrainian Minister of Foreign Affairs, Andrii Sybiha, announced that they have commenced discussions with the US on the new draft of the rare earth elements agreement text. Sybiha, who met with Lithuanian Minister of Foreign Affairs Kestutis Budris in Kiev, informed that they have started consultations with the US on the rare earth elements agreement […]

EU ready for powerful retaliation against US tariffs

President of the EU Commission, von der Leyen, stated that they are prepared to retaliate strongly against US tariffs. The President of the European Commission, Ursula von der Leyen, discussed trade relations with the US and new tariffs during a plenary session of the European Parliament (EP) in Strasbourg. Von der Leyen emphasized that Europe […]

Alarming report in Japan: 298 thousand people could die in a mega earthquake

A report issued by the Japanese government has revealed the devastating impact of a possible mega earthquake. According to the report, a magnitude 9 earthquake in the Nankai Trough could result in the deaths of 298 thousand people. Following the 2011 magnitude 9 earthquake and tsunami that led to a nuclear disaster in Japan, a […]

Decrease in Inflation in the Euro Area

In the Euro Area, the yearly inflation fell to 2.2% in March. The European Statistics Office (Eurostat) published preliminary inflation data for the Euro Area in March. According to the data, the annual Consumer Price Index (CPI) in the Euro Area, which was 2.3% in February, dropped to 2.2% in March. The CPI for March […]

Crisis Escalates in Moldova: 3 Russian Diplomats Deported

A diplomatic crisis has erupted between Moldova and Russia. The Moldovan government accused Russia’s Chisinau embassy of facilitating the escape of pro-Russian Member of Parliament Alexandr Nesterovschi to prevent his imprisonment for illegal political financing. The government announced yesterday that it had deported three Russian diplomats accused of organizing the MP’s escape. Moldovan President Maia […]

First Quarter Marked by Movement in Cryptocurrencies

The first quarter of the year was eventful in the cryptocurrency markets. Significant developments, such as Bitcoin breaking records and the signing of an executive order to establish a strategic Bitcoin reserve in the US, garnered attention. Cryptocurrencies experienced a volatile trend over the three-month period. Bitcoin, the cryptocurrency with the highest market value, set […]