Hungarian Conservative

The new oil deposit has been found by MOL in collaboration with another Hungarian company, O&GD Central Ltd. The new site is currently producing around 1,000 barrels of crude oil per day.

Conservative investor Nelson Peltz was trying to get new members elected to the board of directors at the 3 April shareholders meeting and thus steer the company away from their woke agenda, to no avail. The same woke board members retained their positions, to which the market, expecting a change, did not react well.

The Fed is not cutting the federal interest rate, and is keeping it at 5.5 per cent, the highest it has been since the early 2000s. Meanwhile in Hungary, the National Bank cut interest rates on 31 January.

The base interest rate has been cut for the third consecutive time, something that has not happened since 2020. These developments will greatly help eople who are looking to take out a mortgage, a business loan, or invest some money in stocks listed on the Budapest Stock Exchange.

Wizz Air has cancelled all flights to Israel until 15 November but is continuously reviewing the situation. The airline is in constant contact with Israeli, Hungarian, and international authorities, monitoring the events in Israel.

Airlines are systematically cancelling or suspending their flights to Israel since the Palestinian terrorist organization Hamas launched a comprehensive attack on the Jewish state on Saturday morning, resulting in hundreds of casualties. This resulted in significant drops in the companies’ share prices.

Target deciding to pull some of its controversial LGBT merchandise proves that the conservative consumer base in the United States does have considerable power to counteract the mainstream push of LGBTQ activism, even if the current administration is against them in that fight, unlike in Hungary.