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EU Clamps Down on Russian Travel with Stricter Visa Rules

                                      EU tightens rules for multiple-entry Schengen visas for Russian passport holders The European Union has introduced tougher visa restrictions for Russian nationals, ending the practice of granting multiple-entry permits. Under the new rules, Russians will need to apply for a fresh visa each time they wish to enter the bloc. Officials say the change is aimed at tightening security and preventing misuse of travel privileges. The move comes amid heightened concerns over migration, sabotage, and other risks linked to Russia’s ongoing conflict with Ukraine. Exceptions will remain in place for certain groups, including dissidents, independent journalists, human rights defenders, and family members of EU citizens. Transport workers may also qualify for short-term multi-entry visas to keep essential services running. EU leaders emphasized that tr...

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How to Invest Wisely in 2024: A Guide for Long-Term Success

As the year 2023 comes to an end, many investors may be tempted to review their portfolio performance and make changes based on the latest market trends. However, this may not be the best strategy for achieving long-term financial goals. Instead, investors should focus on the big picture and stick to their investment plan, regardless of short-term fluctuations.

According to experts, there are several benefits of adopting a long-term perspective when investing. First, it can help investors avoid emotional reactions to market volatility, which can lead to costly mistakes. Second, it can reduce the impact of fees and taxes, which can erode returns over time. Third, it can allow investors to take advantage of compound interest, which can significantly boost their wealth in the long run.

To invest for the long term, investors need to have a clear vision of their objectives, risk tolerance, and time horizon. They also need to diversify their portfolio across different asset classes, sectors, and regions, and rebalance it periodically to maintain their desired allocation. Moreover, they need to review their portfolio regularly and make adjustments only when necessary, such as when their circumstances change or when their investments deviate significantly from their expectations.

By following these principles, investors can increase their chances of achieving their financial goals and enjoy a prosperous new year.

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