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Raiffeisen Bank, Romania's largest financial institution, is actively participating in the #SigurantaOnline campaign to combat online fraud, especially during the vacation period when such attempts increase. The bank emphasizes the importance of online security, urging customers to use secure payment methods, keep their devices updated, and avoid sharing sensitive information. With a commitment to protecting customer data and monitoring transactions for unusual activity, Raiffeisen Bank aims to educate users on safe online practices.
Raiffeisen Bank, a leading Romanian bank, offers enticing rewards for customers, including 200 lei for each friend who opens a current account and up to 300 lei for new customers with the Yellow Card, which supports charitable donations. The bank emphasizes digital convenience through its Smart Mobile application, allowing customers to manage finances effortlessly from home, including opening accounts and accessing various services. Additionally, frequent travelers can benefit from the Around the World insurance, available entirely online, ensuring peace of mind during their journeys.
UiPath (NYSE: PATH) has received a "sell" rating from UBS Group, while other analysts maintain a "hold" rating with a consensus price target of $17.71. The stock recently traded down 2.7% to $14.24, with a 12-month range of $10.37 to $27.87. Insider trading shows CFO Ashim Gupta sold shares, reducing his stake, while institutional investors have increased their positions in the company.
Raiffeisen Bank offers Romanian customers a convenient solution for lost bank cards through its Smart Mobile app, allowing users to block their card and request a new one instantly. Additionally, the bank introduces "Around the World" annual insurance, providing flexible travel coverage that can be tailored to individual needs, including options for extreme sports and co-insured family members. This digital approach simplifies emergency handling and travel planning, ensuring a stress-free experience for clients.
Călin Georgescu's first-round victory in Romania's presidential election was annulled due to a massive, Russia-backed social media campaign that illegally boosted his profile. Influencers, some unaware of their involvement, were used to promote him, while investigations revealed significant financial backing for the campaign. Romanian authorities are now probing the funding sources, including a coder linked to over €1 million in donations and $7 million in cryptocurrency assets.
France's budget deficit is projected to reach 6.2% of GDP in 2024, the second-largest in the EU, as the country faces fiscal challenges amid high pension costs and tax revenue shortfalls. Following the collapse of Prime Minister Michel Barnier's government, President Macron may appoint a new PM to navigate budget negotiations, but fiscal consolidation efforts are expected to slow. Despite rising debt spreads, the ECB remains cautious, as current market conditions do not warrant intervention, though political instability could heighten risks.
Raiffeisen Bank will conduct scheduled IT maintenance on December 8, 2024, from 00:01 to 02:00, during which several banking services, including mobile and internet banking for both private and corporate customers, will be temporarily unavailable. Customers are advised to plan their transactions accordingly, as debit card transactions will be suspended for one hour, while credit cards will remain functional. For urgent needs, customers can contact the bank's call center for assistance.
Romania's presidential election has been annulled by the highest court due to alleged Russian interference, necessitating a repeat election. In Syria, Islamist forces are advancing towards Homs, threatening the Assad regime's coastal access. Meanwhile, ETH Zurich will triple tuition fees for foreign students starting in fall 2025, and the Swiss Alpine Club faces a CHF 1.7 million deficit from the 2023 Climbing World Championships.
Despite a 10% increase in cultivation area, the EU's soybean harvest fell to just under 2.8 million tons, about 10,000 tons less than last year, primarily due to unfavorable growing conditions, particularly in Romania and Hungary. Italy remains the top producer, yielding 1 million tons, while Ukraine's record harvest of over 6 million tons helped offset EU losses. The EU's self-sufficiency in soy stands at only 8%, with certified Ukrainian soy filling the gap.
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