COGNICURRENT

The Oscar statuette, a globally recognized symbol of the film industry, has a symbolic market value of only one dollar as per Academy rules.

Advisors to Germany's Minister of Economics Katherina Reiche suggest that domestic fracking could be a solution to reduce dependence on foreign energy amid the ongoing crisis in Iran.

A report from Korea's national research institute warns that the employment crisis caused by the spread of AI technology could emerge unexpectedly in the future, akin to an earthquake.

Economist Maximilian Kasy argues that the critical issue surrounding artificial intelligence is not its capabilities but rather who controls it, emphasizing that the dilemmas posed by AI reflect the interests of its owners rather than its technical potential.

Runólfur Ólafsson, the director of the Icelandic Automobile Owners' Association, criticizes oil companies for not passing on global price drops to consumers and suggests the implementation of a price ceiling on oil.

This article discusses the critical perspective of economist Amartya Sen on traditional economics, arguing for a more ethical approach that acknowledges human dignity and life's quality.

Katherina Reiche, Germany's Federal Minister of Economics, is poised to step into a significant public role as she manages a new energy crisis arising from the conflict in Iran.

The six largest economies in the EU are seeking to unify capital markets across Europe.

A new study estimates that misinformation costs the global economy approximately 417 billion euros annually, highlighting various forms of economic harm it causes.

On March 12, Latvia's Minister of Economics announced that the country may release oil reserves into the market to stabilize oil prices globally.

Economists are strongly opposing the National Bank of Poland's proposal to sell gold reserves to finance military modernization, citing various financial risks associated with this move.

Wolfgang Blank, the Minister of Economics for Mecklenburg-Vorpommern, was injured in a traffic accident on the A20 but is in stable condition and communicating from the hospital.

Icelandair is in discussions with the Icelandic Road and Coastal Administration about the continuation of scheduled flights to Ísafjörður after to earlier announcements of discontinuation.

A Norwegian financial policy committee clarifies that it does not propose raising gasoline taxes to 50 kroner per liter, countering misunderstandings about its recommendations.

Latvia plans to release 40,000 tons of oil products into the market, while emphasizing that its strategic reserves should remain intact due to the unpredictable situation.

The South Korean government appointed Professor Baek Tae-woong as Ambassador to the OECD, a move unusual for his background in human rights rather than economics.

The six largest economies in the EU, including Spain, are calling for increased powers for the European stock market supervisor to enhance capital market integration.

A former Municipal Police building in central Athens is being transformed into a university facility for the needs of the Economics and Political Science School of the National and Kapodistrian University of Athens.

Andreas Mundt, the president of the Federal Cartel Office, expresses concern that political actions are increasingly undermining competition in Europe, despite the unchanged fundamental idea of competition.

Economics professor Kjetil Storesletten forecasts that gasoline prices in Norway could rise to as much as 35 kroner per liter due to ongoing conflicts in the Middle East, particularly a prolonged war against Iran.

An economics professor warns that fuel prices in Norway could surpass 35 kroner per liter if oil prices rise due to ongoing conflicts.

Austria has introduced a measure that permits gas stations to increase fuel prices only on Mondays, Wednesdays, and Fridays to stabilize market fluctuations.

Flight tickets from the Maldives have recently surged in price, exceeding 100,000 CZK.

An unexpected on-air interruption occurred during a TVP Info program when host abruptly cut off an economist to show a live report of Prime Minister Donald Tusk leaving his office.

Adomas Klimantas received the State Independence Scholarship during a ceremony celebrating Lithuania's Independence Day for his project on the country's economic history.

The article discusses President Javier Milei's emotional duality in public interactions, linking personal sentiments to economic conflicts.

The article discusses the multifaceted nature of migration, examining historical and contemporary forms.

Fernando Haddad's tenure as Minister of Finance has been seen as beneficial for Brazil despite internal challenges.

Latvian Economics Minister Viktor Valainis supports the Prime Minister's decision to initiate service audits on the 'Rail Baltica' railway project, stressing the need for substantial improvements and accountability in the project's implementation.

The article discusses how internal tariffs can distort prices and affect ordinary consumers, referencing regulations in Brazil and India.

Latvian Economy Minister Viktors Valainis has criticized the rapid rise in fuel prices and emphasized that fuel traders must justify any price increase.

The Latvian Economics Minister stated that there is currently no fuel shortage and emphasized the need for traders to justify rising fuel prices in light of recent global price drops.

An econometric analysis indicates that Italy is at a higher risk of increased inflation due to oil price shocks, potentially exceeding 1% by the end of the year.

The article discusses the impact of Thomas Kuhn's ideas on scientific revolutions and paradigms, linking them to the development of various fields of science, with a focus on the 250th anniversary of Adam Smith's "The Wealth of Nations."

The article discusses the historical significance and insights of Adam Smith's 'Wealth of Nations', particularly regarding its relation to economic theories and the concept of geo-economics.

The rising prices of crude oil are providing financial relief to Russia, according to economists, as they help stabilize the country's fiscal situation amid ongoing economic pressures.

President Trump's plan to reduce prescription drug prices through the TrumpRx platform may lead to immediate savings but poses potential risks to the future development of new drugs according to economists.

Canadian politician Pierre Poilievre argues that Adam Smith’s ideas on free markets are often misunderstood and highlights the moral foundations of market economies.

The inauguration of a new building for the School of Economics and Political Science at the National and Kapodistrian University of Athens took place in the heart of Athens, designed to meet modern educational needs.

The article discusses the geopolitical implications surrounding the adoption of the Euro in the Czech Republic.

The University of Athens has inaugurated a newly renovated iconic building for its School of Economics and Political Science, addressing housing needs for its departments.

This article celebrates the 250th anniversary of Adam Smith's influential book, 'The Wealth of Nations', highlighting its critique of the British Empire's mercantilist practices.

The article discusses the publication of Adam Smith's "Wealth of Nations" in 1776, which significantly transformed economic thought and laid the groundwork for modern economics.

An update on various news topics in Estonia.

Professor Josef Šíma discusses how society continues to repeat the economic mistakes highlighted by Adam Smith 250 years ago, emphasizing the importance of free individual interests over central planning.

A recent Reuters report highlights how the ongoing war between the US and Iran is complicating central banking strategies around the world, forcing a difficult choice between fostering growth and combating inflation.

In a recent political debate, key issues were highlighted by analyst Elisabet Svane, notably beyond traditional topics like immigration and economics.

A political debate on economics, education, immigration policy, and water safety took place between Danish Prime Minister Mette Frederiksen and opposition candidate Troels Lund Poulsen, highlighting significant policy discussions.

Economist André Sapir predicts a rise in inflation in Europe by 0.5% to 1% due to the ongoing war, which will affect growth negatively.

The article explores the financial aspects of repatriation flights from Iran to France amid rising commercial flight prices.