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
The European Union has imposed the 15th package of sanctions against Russia. The construction giant... Read More
The German Finance Ministry has decided to introduce a temporary budget for the beginning of 2025.... Read More
In November, China set a new record for coal production, which increased concerns about an... Read More
The European Central Bank is ready for further interest rate cuts, Christine Lagarde said. Despite... Read More
Overnight, bitcoin overcame a historical high and reached $106,491. This growth, exceeding 4%, was... Read More
The European Union is discussing the 15th package of sanctions against Russia. Today, the foreign... Read More
The Bundesbank has significantly worsened the forecast for the German economy for 2025,... Read More
Cuba and Bolivia may become BRICS partners from January 1, 2025, Russian Deputy Foreign Minister... Read More
President Donald Trump has said that extending tax breaks can significantly accelerate investment... Read More
Norway's ruling Labour Party and the opposition Progress Party, which is leading in polls ahead of... Read More
Xi Jinping declined an invitation from Donald Trump to attend his inauguration. Instead of the... Read More
China has reaffirmed its determination to support economic growth, focusing on active fiscal and... Read More
The European Central Bank has cut interest rates again to stimulate the economy and control... Read More
Bitcoin broke the $100,000 level again at trading on Wednesday, resuming growth after two days of... Read More
The aggravation of trade tensions between the United States and China may negatively affect global... Read More
The Austrian oil and gas company OMV terminated the contract with Gazprom Export due to the... Read More
The interim government of France will submit to Parliament an emergency financial bill that... Read More
The Chinese leadership is considering the prospect of a weakening of the national currency in 2025.... Read More
The US has revised down its expectations for oil reserves for next year, forecasting a slight... Read More
With the expiration of Japan's long-term contracts for the supply of LNG from the Russian... Read More
Trump is considering lifting sanctions against the frozen assets of the Central Bank of Russia. As... Read More
The lack of windy days can indeed pose serious challenges to the UK and European energy system as a... Read More
Currently, investors are steadily optimistic about the US dollar. However, experts believe that... Read More
The beginning of the week was marked by a wave of sales in the cryptocurrency market, as investors'... Read More
The UK and the European Union plan to resume dialogue and restore economic ties in the coming year.... Read More
Trump again proposed that Canada and Mexico become part of the United States. The president-elect... Read More
On Monday, gold prices are steadily rising, which is due to expectations of the release of... Read More
EU countries are concerned about US sanctions against Gazprombank and are trying to convince... Read More
On Monday, oil prices jumped after reports of the overthrow of Syrian President Bashar al-Assad by... Read More
Rebels in Syria have taken over the country. On the night of December 8, the rebels took control of... Read More
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