Poles can travel to the US visa-free

(The US Department of State and Zboralski, Public domain)

Audi will increase production in Hungary

Serbia to become a global supplier of lithium

Poland

“Poles willing to stay in the US for touristic and business purposes for maximum 90 days will be able to travel to the US visa-free, starting from November 11th, 2019,” Poland’s President Andrzej Duda announced during a press conference.

The US Department of State and President Donald Trump signed a nomination of Poland for the Visa Waiver Program, as the country fulfilled the basic requirements to qualify for the program — the number of visa refusals drop below 3 per cent.

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Hungary

German carmaker Audi will increase the production of engines at its Hungarian factory to 2.25 million units next year, Hungarian Foreign Minister Peter Szijjarto informed. Audi’s Hungarian division said that it planned to boost the production of engines at its factory significantly in 2019 from the 1.95 million in 2018,.

In July, the German carmaker informed that it would expand the manufacture of engines for electric cars at the factory in the western town of Gyor. It said that its e-transformation project would create 250 jobs.

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Serbia

“Serbia has the potential to become a global supplier of lithium and copper minerals. Currently, about 35 companies have 130 mining projects in the country. We estimate it will boost the mining sector’s share in the national GDP from 2 per cent to 5 per cent,” representative of the World Bank in Serbia, Stephen Ndegwa said.

In October, a British-Australian mining group Rio Tinto announced it has so far invested EUR181.5m in the exploration of the Jadar lithium borate project in Serbia. The company has drilled about 300 wells and processed more than 200 kilometers of core since the start of exploration activities.

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What’s up in indexes

BET (of Bucharest) increased from 9668.98 index points Tuesday, November 5th to 9702.65 index points Wednesday, November 6th. It’s up 0.24 per cent d/d and up 12.6 per cent y/y.

BUX (of Budapest) increased from 43237.00 index points Tuesday, November 5th to 43292.00 index points Wednesday, November 6th. It’s up 0.13 per cent d/d and up 14.9 per cent y/y.

OMXR (of Riga) increased from 1011.88 index points Tuesday, November 5th to 1013.49 index points Wednesday, November 6th. It’s up 0.16 per cent d/d and up 6.61 per cent y/y.

OMXT (of Tallinn) increased from 1259.63 index points Tuesday, November 5th to 1263.51 index points Wednesday, November 6th. It’s up 0.31 per cent d/d and up 6.19 per cent y/y.

OMXV (of Vilnius) increased from 703.50 index points Tuesday, November 5th to 707.18 index points Wednesday, November 6th. It’s up 0.52 per cent d/d and up 8.09 per cent y/y.

PX (of Prague) decreased from 1077.01 index points Tuesday, November 5th to 1073.78 index points Wednesday, November 6th. It’s down 0.30 per cent d/d and up 0.72 per cent y/y.

RTS (of Moscow) increased from 1460.50 index points Tuesday, November 5th to 1471.38 index points Wednesday, November 6th. It’s up 0.74 per cent d/d and up 27.8 per cent y/y.

SAX (of Bratislava) closed at 339.53 index points Wednesday, November 6th. It’s the same result as Tuesday’s. It’s 0 per cent change d/d and up 2.30 per cent y/y.

SOFIX (of Sofia) increased from 553.00 index points Tuesday, November 5th to 557.80 index points Wednesday, November 6th. It’s up 0.86 per cent d/d and down 6.14 per cent y/y.

UX (of Kyiv) increased from 1491.87 index points Tuesday, November 5th to 1492.28 index points Wednesday, November 6th. It’s up 0.03 per cent d/d and down 16.13 per cent y/y.

WIG20 (of Warsaw) decreased from 2272.45 index points Tuesday, November 5th to 2255.34 index points Wednesday, November 6th. It’s down 0.75 per cent d/d and up 1.12 per cent y/y.

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