Hungary Financial News

Subscribe to enjoy similar stories.I haven’t done this in years. Decades, if school projects don’t count. Needle in one hand, I try to remember how.

Subscribe to enjoy similar stories.Across Europe, voters are fed up and taking it out on their leaders.This week, Britain’s ruling Labour Party had its worst result ever in local elections as voters angry about a persistently weak economy and high immigration punished Prime Minister Keir Starmer, who is backed by just 20% of voters.Last month, Europe’s longest-serving leader, Hungary’s Viktor Orban, was swept out of office by a wave of discontent over the sluggish economy and a government that many saw as corrupt.Elsewhere in Europe, the picture is similarly bleak for those now in power. In Germany, a left-right government that is breaking public spending records is also plumbing uncharted popularity lows.The diminished incumbents can do little to placate an angry electorate, as they contend with melting parliamentary majorities, internal divisions and empty public coffers.

Subscribe to enjoy similar stories.As part of a substantive change in rules, the Academy of Motion Picture Arts and Sciences has emphasized that only acting “demonstrably performed by humans” and “human-authored” writings will qualify for Oscar awards. The rules have been updated to address cases like that of an AI-generated version of the deceased actor Val Kilmer vying for an award.Note that AI usage in Oscar-nominated movies in 2024 and 2025 focused on augmentation—including voice cloning and enhancement and visual effects—rather than creation. For example, in The Brutalist, AI had enhanced actors’ Hungarian accents.

Subscribe to enjoy similar stories.The nerves calm, the mind clear, a deep breath later, Akshay Thatte immersed face-first in the water. He was competing in the Static Apnea category at the AIDA Malaysia Freediving Pool Games last December. By the time he surfaced, 5 minutes and 16 seconds had elapsed.

Subscribe to enjoy similar stories.The fight against Russia in Ukraine is now firmly Europe’s war.The European Union this week signed off on the equivalent of $105 billion in loans to keep Kyiv afloat through the end of next year—but officials warned that it may not be enough.With Russia determined to continue its four-year invasion until it dominates its neighbor, and President Trump pulling back from Europe and focused on the Middle East, Ukraine finds itself reliant on the traditionally gun-shy EU in its war for survival.The confirmation of the loan ahead of a summit in Cyprus on Thursday, long blocked by recently ousted Hungarian Prime Minister Viktor Orbán, marked a fresh sign of resolve and unity in the bloc.“For the first time in years there are no Russians in the room,” Polish Prime Minister Donald Tusk wrote on social media, an apparent reference to Orbán, who had warm ties with Moscow but stayed away from the EU summit after recently losing an election. “Huge relief,” Tusk added.The funding decision, which Orban cleared this week following his election defeat, comes at a critical moment for Ukraine, which needs the cash to sustain its economy and its military amid relentless Russian assaults as Moscow seeks to grab more land in its neighbor’s east.

Subscribe to enjoy similar stories.ROME—As President Trump’s rift with Europe widens, he is casting even his political friends into the chasm.Italian Prime Minister Giorgia Meloni has spent the past year trying to act as a bridge while Trump tussled with other European leaders over tariffs, Ukraine and Greenland.Trump, who previously called Meloni a “great leader,” now says he is shocked by her refusal to send forces to help open the Strait of Hormuz amid the U.S.-Iran war. “I thought she had courage, but I was wrong,” he told the Italian newspaper Corriere della Sera on Tuesday.The abrupt breakdown of their political friendship shows how the middle ground is disappearing between a White House that is demanding loyalty from its allies and a Europe where voters and governments increasingly view the U.S.

Subscribe to enjoy similar stories. In a world of trade roiled by US President Donald Trump, it is good news that choppy seas promise to settle for shipments between Indian and American ports. Only a framework for an interim trade deal has been decided so far, but it lets us look farther over the horizon with anticipation.

Subscribe to enjoy similar stories. President Trump touts his Board of Peace as an organization of accomplished leaders that will displace the United Nations, with him as permanent chairman. But so far it is a group of countries more interested in currying favor with him than in solving pressing conflicts.

Raisina Dialogue on Monday, marking India's premier conference on geopolitics and geo-economics. The Raisina Dialogue is organized by the Observer Research Foundation (ORF) in collaboration with the Ministry of External Affairs (MEA). According to the MEA, the conference will host representatives from around 125 countries, encompassing foreign ministers, former heads of state, military leaders, industry executives, technology innovators, academics, journalists, and experts in strategic affairs. Notably, foreign ministers from 20 nations are confirmed to attend. The Ukrainian foreign minister's visit coincides with intensified US efforts to broker a temporary ceasefire between Ukraine and Russia amidst ongoing hostilities. Here's all you need to know

The United States sends tremendous support to its allies around the world, but the payback has typically been a more stable world — it doesn’t always work, mind you, as we have seen these past three years. But no country benefits more from a tranquil world than the U.S.

Elon Musk has endorsed a new Hungarian policy that offers tax relief to mothers with two or more children. In a post on X, Musk praised the initiative as a «great policy.»

Alternative for Germany appears to be headed for the strongest showing by a far-right party since World War II in Sunday's national election and is fielding its first candidate to lead the country. Other parties say they won't work with the anti-immigration Alternative for Germany, or AfD, and co-leader Alice Weidel has no realistic chance of taking the country's top job. But AfD has become a factor other politicians can't ignore and has helped shape Germany's debate on migration.

Pope Francis is currently the most powerful Catholic in the world in the position of the oldest pope in a century, but there are already thoughts about his successor due to his declining health. Currently, Pope Francis is aged 88 years and he has now developed pneumonia in his lungs and is currently hospitalized while he battles the infection, as per sources from the Vatican.

Venue : Marsa Sports Club, Marsa, Malta Hungary squad - Chris Dowle, Gabor Torok, Usman Muhammad, Zahir Safi, Abbas Ghani, Abhitesh Prashar, Sheikh Rasik, Ximus du Plooy, Zeeshan Kukikhel, Tejendra Valivarthi, Amal Jacob, Khushal Gabhane, Matthew Ainsworth, Muhammad Saqlain, Sandeep Mohandas Malta squad - Adhith Rajan, Affy Khan, Basil George, Chanjal Sudarsanan, Darshit Patankar, Gopal Thakur, Jaspal Singh, Niyas Muhammad, Sobu George, Varun Prasath, Vidusha Rashmika, Rockey Dianish, Shrijay Patel, Amar Sharma, David Marks, Eldhose Mathew, Pintu Ghosh, Waseem Abbas Hungary vs Malta Match Details Match 1 of Malta T20I Tri-Series, 2025 between Hungary and Malta to be held at Marsa Sports Club, Marsa, Malta at 01:30 PM.

The European Union has agreed to prolong for 6 months a raft of sanctions aimed at depriving Russia of funds to finance its war against Ukraine

European Union agreed a 6-month extension Monday for a raft of sanctions aimed at depriving Russia of funds to finance its war against Ukraine after Hungary lifted its objections to the move. The sanctions target trade, finance, energy, technology, industry, transport and luxury goods. They include a ban on the import or transfer of seaborne crude oil and certain petroleum products from Russia to the EU. They will now remain in place at least until July 31.

Subscribe to enjoy similar stories. Dreaming of a magical white Christmas in Europe but worried about the cost? Mumbai-based entrepreneur Mufaddal Kagalwala and his wife Sakina Gandhi turned this dream into a reality—without breaking the bank. By taking advantage of off-season deals on flights and hotels, the couple pulled off an unforgettable 13-day journey across Hungary, Slovakia, Austria, and the Czech Republic—all for under ₹3.5 lakh.

Subscribe to enjoy similar stories. Russia halted natural gas flows to Europe via Ukraine, as Kyiv’s refusal to extend a pipeline deal brought an end to one of the last remaining energy links between Russia and what was once its biggest market. A gas transit deal using Soviet-era pipelines crisscrossing Ukraine expired at the end 2024.

Subscribe to enjoy similar stories. America’s democratic institutions withstood, if only barely, Donald Trump’s first presidency, but will they do so again? During the 2024 election campaign, Trump promised mass deportations and detainment camps, reprisals against his political foes, a crackdown on “the enemy within," and a dramatic reduction of civil-service protections for federal workers.