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