Man Scammed into Investing in「Changbai Mountain Ginseng」; Beitou Police and Bank Join Forces to Prevent Fraud

The hunt for Ukraine's stolen artworks

For over three years since Russia’s full-scale invasion, Ukrainians have faced a war that extends beyond the battlefield-it’s a battle to protect their cultural identity. Museums, heritage sites, and priceless artifacts have been directly targeted, damaged, or looted, with experts claiming this is a deliberate attempt to erase Ukrainian identity.UNESCO reports over 476 damaged cultural properties, while the Ukrainian Heritage Monitoring Lab has documented more than 1,200 damaged sites. Historian Leonid Marushchak has worked tirelessly to evacuate nearly 2 million artifacts from museums under threat, including a 1,000-year-old lion sculpture from Bakhmut.Workers remove the statue of Ukrainian philosopher Hryhorii Skovoroda after Russian bombing of the Hryhorii Skovoroda Literary Memorial Museum in May 2022. Ricardo Moraes/ReutersIn Kyiv, the Khanenko Museum has adopted a new strategy-instead of hiding its art collection entirely, it occasionally displays small exhibits while also transferring select works to museums in Europe, such as the Louvre in Paris and the Royal Castle in Warsaw.Meanwhile, in Kherson, the local art museum suffered severe losses after Russian forces looted nearly 10,000 artifacts. Museum director Alina Dotsenko, devastated by the empty storage rooms, continues her efforts to track down the stolen pieces, some of which were found in a Crimean museum.Despite these challenges, cultural preservation remains critical to Ukraine’s national identity. Whether through evacuation, documentation, or showcasing selected works, Ukrainians remain committed to safeguarding their heritage. However, as museum director Yulia Vaganova stated, “There is no right solution to this case at all... and this is, of course, the nightmare of every museum director.”

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Germany's unemployment rate rises less than expected, economic reforms are imperative

Germany's Unemployment Rate Rises Less Than Expected, Economic Reforms InevitableGermany's unemployment figure increased by 5,000 people, bringing the total unemployed population to 2.89 million, with the unemployment rate remaining steady at 6.2%. Although the number of unemployed rose, the increase was lower than the market's expected figure of 15,000, indicating some resilience in Germany's labor market.However, the overall economic outlook remains bleak. Germany's economy faces multiple challenges due to the global economic slowdown, sluggish manufacturing, and reduced household consumption and government spending. Many companies have begun cutting staff, particularly in the manufacturing, retail, and construction sectors.The Christian Democratic Union (CDU) and the Christian Social Union (CSU) recently won the election and are preparing to form a coalition government to address the current economic difficulties. According to a report by the Ifo Institute for Economic Research, German businesses remain pessimistic about the economic outlook for the coming months, especially as small and medium-sized enterprises struggle with rising costs and weak market demand.Many companies have begun downsizing their workforce, with the manufacturing, retail, and construction sectors being hit the hardest. (Image/Source: Pexels)Experts believe the German government needs to implement a series of economic reforms to improve the current situation. Proposed measures include reducing corporate taxes, relaxing burdensome regulatory procedures, and enhancing labor market flexibility to attract more investment. Additionally, the government may relax immigration policies to draw more skilled workers and address the ongoing labor shortage.Joachim Nagel, President of the German Bundesbank, warned that uncertainty in global trade could result in a 1% reduction in Germany's GDP. He emphasized that the government must act swiftly to prevent further economic deterioration. In the coming months, markets will closely monitor the new government's economic policies to assess whether Germany's economy can recover from its current challenges.