China has announced large-scale mitigation measures to support an economy weakened by trade disputes. The Central Bank, together with financial regulators, announced a reduction in the seven-day reverse repo rate by 10 bps to 1.4%, as well as a reduction in the mandatory reserves ratio by 50 bps. These steps will free up about 1,000 billion yuan ($138.6 billion) to boost liquidity. The new rates will take effect on May 8, and the reduction in reserves will begin on May 15.The government als... Прочетете още
The softening of trade relations between the United States and China has contributed to the... Прочетете още
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Last year, the European Union spent 23 billion euros on the purchase of Russian gas. Monthly... Прочетете още
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Donald Trump stated that cryptocurrencies have become an important and stable asset class that... Прочетете още
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The United States may withdraw from the negotiations if Russia and Ukraine do not make significant... Прочетете още
At a briefing at the White House, US Treasury Secretary Scott Pool and Press Secretary Carolyn... Прочетете още
China intends to consistently support the development and work of the BRICS New Development Bank... Прочетете още
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