Hungary

Cryptocurrency enthusiasts who aren't convinced of the newly uncovered identity of Bitcoin‘s (CRYTPO:BTC) pseudonymous founder Satoshi Nakamoto in a HBO documentary may want to take a trip to Budapest, Hungary. Unveiled on Sept. 16, 2021, a statue in the small European country pays tribute to...

A report on Thursday uncovered a Russian plot to assassinate Rheinmetall ADR (OTC:RNMBY) CEO Armin Papperger. Rheinmetall, a German arms manufacturer, supplies weapons to Ukraine in their ongoing war with Russia. What Happened: CNN was the first to report the attempt, citing anonymous officials,...

In a recent revelation, Hungarian Prime Minister Viktor Orbán has stated that former U.S. President Donald Trump plans to stop all financial aid to Ukraine if he is victorious in the next U.S. presidential election. This announcement has significant implications for the ongoing conflict in the...

U.S. President Joe Biden criticized the meeting between former President Donald Trump and Hungarian Prime Minister Viktor Orban in Florida. What Happened: Orbán, a proponent of “illiberal democracy,” visited Trump at his Mar-a-Lago resort. The meeting took place shortly after Orbán...

Donald Trump held talks with Hungarian Prime Minister Viktor Orbán at Mar-a-Lago yesterday, prompting a rapid response from President Joe Biden during his campaign. According to a statement from the Trump campaign, Trump and Orbán convened at Mar-a-Lago to address various...

With Hungary’s endorsement, the Swedish government’s aspiration to join the North Atlantic Treaty Organization (NATO) has taken a significant step forward as the geopolitical landscape shifts due to Russia’s invasion of Ukraine. What Happened: On Monday, Hungary’s parliament...

In a surprising development, China has offered to support Hungary in security matters, a move that could potentially challenge NATO’s influence in Europe. What Happened: China has expressed its willingness to extend support to Hungary in public security matters, a step that goes beyond their...

In a significant move, European Union leaders decided to extend an aid package to Ukraine, despite Hungary’s resistance. What Happened: The EU leaders reached a unanimous decision on Thursday to provide Ukraine with a new aid package of 50 billion euros or $54 billion, Reuters reported. This...

Hungary‘s currency fell on Monday following reports that the European Union was prepared to sabotage the Hungarian economy if the former Soviet-occupied country blocked a €50 billion ($54.04 billion) financial aid deal for Ukraine. The forint lost 0.3% against the euro (EUR/HUF) to HUF389.48...

Chinese electric vehicle company BYD Co., Ltd. (OTC: BYDDY) (OTC: BYDDF) reportedly plans to build its first European car factory in Hungary. The decision was made internally, according to Reuters, citing a news report by German newspaper Frankfurter Allgemeine...

Leading cryptocurrency Bitcoin (CRYPTO: BTC) continues to dominate the headlines with increased optimism that Bitcoin ETFs will soon be appproved by the SEC.  The approval of a Bitcoin ETF would come over 10 years after the first fund was filed with the SEC and would come 14 years after the...

In a recent post on X, formerly known as Twitter, owner Elon Musk acknowledged Hungary’s proactive measures to combat a declining birth rate, a subject of his consistent concern. What Happened: Musk responded to a post by journalist Tucker Carlson who had traveled to Budapest to...

In the wake of Western sanctions against Russia, countries worldwide are repatriating gold, Reuters reports. This trend, driven by a desire for financial security amidst geopolitical tensions, has seen nations like Hungary, Poland, and Turkey bring their gold reserves home from the U.K. and the U....

Hungarian Parliament Vice Speaker warned that Finland’s accession to the North Atlantic Treaty Organization (NATO) would increase the likelihood of escalation with Vladimir Putin.  What Happened: Dora Duro, in an interview with the Izvestia newspaper, said, "If...

Russian energy giant Gazprom PJSC (OTC: OGZPY) will reportedly permit Hungary to delay payments for natural gas if necessary, as surging imports threaten to derail the country’s strained budget.  The move comes days after the company suspended natural gas...