The ECB should be ready to reduce the cost of borrowing to just below 2% per annum in order to offset the risks caused by global trade conflicts, said Pierre Wunsch, head of the Central Bank of Belgium. According to him, the current economic uncertainty and the resulting shocks require additional support. As one of the steps, Wunsch mentioned a reduction in the deposit rate, which has already been reduced by the ECB from 4% to 2.25% since June last year.Wunsch's statements indicate a revision of... Прочетете още
Japan is strengthening sanctions against Russia. The country has included 11 people, 51 companies... Прочетете още
US President-elect Donald Trump is showing serious interest in acquiring Greenland, seeing this as... Прочетете още
Norwegian oil and gas companies delivered record volumes of natural gas in 2024 and intend to... Прочетете още
Denmark admits the possibility of granting Greenland independence amid pressure from Trump.... Прочетете още
eBay shares jumped 4.7% after announcing a partnership with Meta Platforms Inc. which will... Прочетете още
Christopher Waller, a member of the Fed's Board of Governors, expressed confidence that inflation... Прочетете още
Shares of Moderna Inc. jumped 11.7% on Tuesday and added another 2.3% on Wednesday following news... Прочетете още
Oil prices continue to rise, reaching their highest levels since October. Brent futures for March... Прочетете още
Trump has published a map of the United States with Canada, causing a political outcry. The... Прочетете още
US President-elect Donald Trump is ready to make drastic changes to energy and environmental... Прочетете още
According to preliminary data from Eurostat, inflation in the eurozone accelerated to 2.4% in... Прочетете още
The Indian government has revised down its economic growth forecast for the current fiscal year to... Прочетете още
According to the Eurostat report, the unemployment rate in the eurozone in November remained at the... Прочетете още
EU countries continue to purchase record volumes of gas from Russia despite the termination of... Прочетете още
US President-elect Donald Trump's plans to impose increased import duties could trigger a global... Прочетете още
Shares of vaccine manufacturers, including Moderna and CureVac, rose on Monday amid rising seasonal... Прочетете още
In the UK, for the first time, wind turbines have bypassed gas-fired power plants and become the... Прочетете още
Oil prices are declining on Monday morning after the growth recorded at previous auctions and... Прочетете още
The US Congress will complete the procedure for certifying the results of the presidential election... Прочетете още
The U.S. economy enters 2025 with positive forecasts, despite the risks associated with high... Прочетете още
Wedbush analyst Dan Ives expects Apple shares to rise to $325, up 26% from current levels, thanks... Прочетете още
The European Central Bank may take a pause before the next interest rate cut if inflationary risks... Прочетете още
Starting from January 1, 2025, China will reduce import duties on ethane and some types of... Прочетете още
Oil prices rose moderately on Friday, ending the week with positive dynamics due to expectations of... Прочетете още
Iron ore prices fell to their lowest level in more than five weeks, dropping below $100 per tonne.... Прочетете още
The dollar's share of global foreign exchange reserves in the third quarter reached its lowest... Прочетете още
The net profit of Russian banks in 2025 may amount to 3.6-4.1 trillion rubles. ACRA estimates that... Прочетете още
On Thursday, bitcoin experienced a sharp decline of 4% due to a technical glitch on the popular... Прочетете още
According to Vanda Research, Nvidia shares attracted record investments of almost $30 billion in... Прочетете още
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