Hungary’s ambition in electric vehicle (EV) battery manufacturing has surged, with plans to become a significant player globally. Despite ranking third behind China and the US, Hungary aims to surpass the US soon, as articulated by Foreign Minister Peter Szijjarto during his visit to Beijing. This push aligns with Hungary’s broader strategy of strengthening
The European Commission has proposed extending sanctions on Russia to include diamonds in response to the country’s invasion of Ukraine. Russia is a major global producer of rough diamonds, with a significant portion coming from mines beneath the Siberian permafrost. The proposed ban is part of the EU’s 12th round of measures against Moscow and […]

