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... Baca Lagi
Today, Donald Trump will officially take office as the 47th President of the United States. The... Baca Lagi
Trading on January 16 on the American stock markets ended with different dynamics. The S&P 500... Baca Lagi
Europe is significantly increasing its purchases of Russian gas in 2025, spending billions of... Baca Lagi
India may face an «oil shock» due to the impending US sanctions against Russian oil. The era of c... Baca Lagi
China's GDP grew by 5.4% in the fourth quarter of 2024, exceeding the projected 5% and figures from... Baca Lagi
Elon Musk continues to face difficulties in preparing for a mission to the moon. The seventh test... Baca Lagi
Saudi Arabia's Energy Minister Abdulaziz bin Salman said that oil has lost its importance as the... Baca Lagi
Inflation in Germany in December 2024, calculated according to EU standards, was 2.8% year-on-year,... Baca Lagi
Bitcoin continues to hold near the psychological mark of $100,000. Its rapid intraday growth was... Baca Lagi
The price of gold reached its highest level in the last month during trading in Asia on Thursday.... Baca Lagi
US President Biden summed up the results of his presidency. In his statement, the Democrat noted... Baca Lagi
December data on a slowdown in inflation in the UK led traders to predict a further reduction in... Baca Lagi
The German economy contracted for the second year in a row, remaining the weakest among the... Baca Lagi
French Prime Minister Francois Bayrou expressed his readiness to review the pension reform in order... Baca Lagi
The cost of oil transportation is showing a noticeable increase, which is associated with forecasts... Baca Lagi
Damage from fires in California continues to grow and may reach $275 billion. Damage estimates are... Baca Lagi
Chinese state-owned oil corporations, as well as large private refiners, are actively buying up oil... Baca Lagi
The yield on Japan's 40-year government bonds has reached a record high since they entered the... Baca Lagi
Gas prices in Europe increased by 6.5% during trading, reaching $509 per thousand cubic meters,... Baca Lagi
On Tuesday, the Indian rupee hit a record low, under pressure from high demand for the dollar. This... Baca Lagi
A campaign to impose new sanctions against Russian gas and LNG is gaining momentum in Europe. Ten... Baca Lagi
OpenAI management is organizing events in Washington and two key U.S. states to strengthen support... Baca Lagi
On Monday, the US dollar strengthened, forcing other currencies to reach multi-year lows. Its... Baca Lagi
Asian stock markets have fallen for the fourth consecutive session amid weakening expectations for... Baca Lagi
The global oil market expected an oversupply and stable prices in 2025, but new US sanctions... Baca Lagi
57.3% of Greenlanders support joining the United States, 37.4% are against, according to a survey... Baca Lagi
The British pound continues to lose ground, showing a noticeable lag behind the trajectory of UK... Baca Lagi
Shares of Generac Holdings Inc. rose 1.7% in the pre-trading session on Friday amid the devastating... Baca Lagi
Oil prices showed steady growth on Friday, with Brent quotes exceeding $79 per barrel for the first... Baca Lagi
The People's Bank of China announced the suspension of purchases of government bonds to limit... Baca Lagi
PAUTAN SEGERA
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