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... Saiba Mais
US federal judge Amir Ali has ordered the Donald Trump administration to resume financing foreign... Saiba Mais
On Friday, the gold price showed growth, preparing to end the week on a positive note for the... Saiba Mais
Brazil, which will lead the BRICS in 2025, does not plan to actively promote the initiative to... Saiba Mais
In 2025, 56% of Americans intend to celebrate Valentine's Day, and their total spending is... Saiba Mais
Trump has signed executive orders imposing retaliatory duties equal to the tariffs that other... Saiba Mais
The People's Bank of China on Thursday announced plans to make changes to monetary policy, choosing... Saiba Mais
Ray Dalio, founder of the largest hedge fund Bridgewater Associates, made a statement about the... Saiba Mais
The European Commission has denied rumors about plans to set a temporary limit on the cost of gas... Saiba Mais
Chinese companies are setting records for dividend payments and share buybacks thanks to corporate... Saiba Mais
The UK economy grew by 0.1% in the fourth quarter. This exceeded forecasts for a 0.1% reduction.... Saiba Mais
Indian Steel Minister H.D. Coomaraswamy said that the country is considering the possibility of... Saiba Mais
The duties applied to Canada are supposed to be introduced on a cumulative basis, according to data... Saiba Mais
The EU is considering the possibility of temporarily limiting natural gas prices, which have... Saiba Mais
European trade ministers are planning to hold urgent telephone talks on Wednesday to discuss the... Saiba Mais
In February, the average rates on yuan deposits in the largest Russian banks fell below 4%. For... Saiba Mais
Russia and Argentina continue to strengthen cooperation by developing joint initiatives in areas... Saiba Mais
US duties on metals from Canada may reach 50%. It is expected that the duties, if they come into... Saiba Mais
The US Federal Reserve is not likely to lower its key interest rate until the second quarter,... Saiba Mais
In March, oil supplies from Saudi Arabia to China will decrease to 41 million barrels, compared... Saiba Mais
US President Donald Trump's tit-for-tat trade strategy could lead to increased tensions in the... Saiba Mais
The capitalization of the crypto market has reached $3.355 trillion (+$67 billion). The share of... Saiba Mais
US President Donald Trump has approved duties of 25% on steel and aluminum imports, including... Saiba Mais
Trump is imposing 25% tariffs on steel and aluminum imports starting today. The US president also... Saiba Mais
The dollar hit an 8-week low against the yen and a 1-month low against the pound amid declining... Saiba Mais
Saudi Arabia increased the price of Arab Light oil for Asia by $2.40 per barrel in March, reaching... Saiba Mais
China expressed its readiness to strengthen cooperation with the European Union in order to jointly... Saiba Mais
The European Commission has proposed to strengthen control over cheap goods sold through online... Saiba Mais
The long-term trend towards dividing the world into two trading blocs is becoming more and more... Saiba Mais
Chinese companies control about 75% of Indonesia's nickel processing capacity, raising questions... Saiba Mais
The European Union is preparing a response to Trump's tariffs, which could affect Silicon Valley.... Saiba Mais
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