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
Japan is strengthening sanctions against Russia. The country has included 11 people, 51 companies... Saiba Mais
US President-elect Donald Trump is showing serious interest in acquiring Greenland, seeing this as... Saiba Mais
Norwegian oil and gas companies delivered record volumes of natural gas in 2024 and intend to... Saiba Mais
Denmark admits the possibility of granting Greenland independence amid pressure from Trump.... Saiba Mais
eBay shares jumped 4.7% after announcing a partnership with Meta Platforms Inc. which will... Saiba Mais
Christopher Waller, a member of the Fed's Board of Governors, expressed confidence that inflation... Saiba Mais
Shares of Moderna Inc. jumped 11.7% on Tuesday and added another 2.3% on Wednesday following news... Saiba Mais
Oil prices continue to rise, reaching their highest levels since October. Brent futures for March... Saiba Mais
Trump has published a map of the United States with Canada, causing a political outcry. The... Saiba Mais
US President-elect Donald Trump is ready to make drastic changes to energy and environmental... Saiba Mais
According to preliminary data from Eurostat, inflation in the eurozone accelerated to 2.4% in... Saiba Mais
The Indian government has revised down its economic growth forecast for the current fiscal year to... Saiba Mais
According to the Eurostat report, the unemployment rate in the eurozone in November remained at the... Saiba Mais
EU countries continue to purchase record volumes of gas from Russia despite the termination of... Saiba Mais
US President-elect Donald Trump's plans to impose increased import duties could trigger a global... Saiba Mais
Shares of vaccine manufacturers, including Moderna and CureVac, rose on Monday amid rising seasonal... Saiba Mais
In the UK, for the first time, wind turbines have bypassed gas-fired power plants and become the... Saiba Mais
Oil prices are declining on Monday morning after the growth recorded at previous auctions and... Saiba Mais
The US Congress will complete the procedure for certifying the results of the presidential election... Saiba Mais
The U.S. economy enters 2025 with positive forecasts, despite the risks associated with high... Saiba Mais
Wedbush analyst Dan Ives expects Apple shares to rise to $325, up 26% from current levels, thanks... Saiba Mais
The European Central Bank may take a pause before the next interest rate cut if inflationary risks... Saiba Mais
Starting from January 1, 2025, China will reduce import duties on ethane and some types of... Saiba Mais
Oil prices rose moderately on Friday, ending the week with positive dynamics due to expectations of... Saiba Mais
Iron ore prices fell to their lowest level in more than five weeks, dropping below $100 per tonne.... Saiba Mais
The dollar's share of global foreign exchange reserves in the third quarter reached its lowest... Saiba Mais
The net profit of Russian banks in 2025 may amount to 3.6-4.1 trillion rubles. ACRA estimates that... Saiba Mais
On Thursday, bitcoin experienced a sharp decline of 4% due to a technical glitch on the popular... Saiba Mais
According to Vanda Research, Nvidia shares attracted record investments of almost $30 billion in... Saiba Mais
China has planned to build the world's most powerful hydroelectric power plant in southern Tibet,... Saiba Mais
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