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... Read More
According to trading data, the dollar exchange rate against the Turkish lira has reached a historic... Read More
In October 2023, the United States resumed importing Russian oil after a break of 1.5 years,... Read More
The U.S. Securities and Exchange Commission (SEC) has approved the country's first exchange-traded... Read More
If Ecuador has difficulties exporting oil due to the current unrest in the country, this could lead... Read More
According to the Financial Times, investors' optimism about the active reduction of interest rates... Read More
Trade turnover between Russia and Brazil increased significantly in December last year, reaching... Read More
The People's Bank of China has expressed its intention to actively promote the internationalization... Read More
The Swiss National Bank (SNB) has announced a net loss of 3 billion francs ($3.5 billion) for 2023,... Read More
Japan's Nikkei 225 index has reached a historic high recorded for more than 33 years. This index,... Read More
Today, the bitcoin exchange rate has reached a level above $47 thousand for the first time since... Read More
Now the banks of Russia and Iran have the opportunity to carry out transactions directly, as both... Read More
From the beginning of February, Saudi Arabia will reduce the price of its oil in all regions of the... Read More
The Libyan National Oil Corporation (NOC) has declared force majeure on the country's largest... Read More
Argentine President Javier Miley has sent official letters to Russian President Vladimir Putin and... Read More
The volume of China's economy by the end of 2022 amounted to 120 trillion 472.4 billion yuan ($17... Read More
On Friday morning, Brent oil prices are within the «sideways» range of $77.20-77.90 per barrel. In y... Read More
If changes are not made and the US government debt is not reduced, then in about 20 years it will... Read More
Experts believe that OPEC+ will not be able to reduce production enough to raise oil prices above... Read More
The US stock market began the last trading week of the year with growth, despite a shortened... Read More
Oil prices are slightly declining after reaching December highs in yesterday's trading session.... Read More
The Conference Board predicts that the Chinese economic recovery is unlikely to reach pre-pandemic... Read More
Relations between China and Saudi Arabia continue to improve – this became even more obvious after t... Read More
In November of this year, the share of the Chinese yuan in international settlements reached 4.61%,... Read More
On Thursday, in Asian trading, gold prices remained almost unchanged, strengthening in the... Read More
Shares of the Japanese car company Toyota are showing a significant decline – the most significant i... Read More
BlackRock, one of the largest asset managers in the world, has made changes to its proposed bitcoin... Read More
Experts from Ned Davis Research express concerns about the American stock market next year,... Read More
According to a report by the National Statistical Office of the United Kingdom, consumer prices in... Read More
According to government data, in November, for the first time, Pakistan paid for the supply of... Read More
For the period from January to November 2023, Russia continues to be the leader in oil supplies to... Read More
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