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... Leer más
In November, 227,000 new jobs were created in the United States, the Labor Department said. This... Leer más
Donald Trump has appointed David Sachs, who has extensive experience in the technology field, as... Leer más
Hungarian Prime Minister Viktor Orban has announced his intention to veto the EU's long-term budget... Leer más
China is strengthening export controls in an effort to extend the influence of its laws beyond... Leer más
OPEC+ extends restrictions on oil production. The OPEC+ countries decided to maintain current oil... Leer más
The head of the Federal Reserve System, Jerome Powell, in his recent comments stressed that the... Leer más
On Thursday, bitcoin broke the $103,000 mark, which became a new historical record. Over the past... Leer más
The French parliament expressed a vote of no confidence in the government of Michel Barnier, which... Leer más
The Bank of England is considering a fourfold interest rate cut in 2025 as inflation slows faster... Leer más
Bitcoin has reached a historic high of $103 thousand. According to analysts and crypto investors,... Leer más
Large bitcoin holders, also known as «whales», continue to hold their positions amid fluctuations i... Leer más
The London stock market is shrinking at the fastest possible pace due to active mergers and... Leer más
The Biden administration has imposed new sanctions on 35 companies and ships that, according to the... Leer más
On Wednesday, oil prices showed steady growth, but the pace slowed down despite the ongoing... Leer más
The President of South Korea declared martial law: cancellation and protests. South Korean... Leer más
China has imposed an outright ban on exports to the United States of a number of materials critical... Leer más
The president of the Federal Reserve Bank of Atlanta, Rafael Bostic, said that he has not yet made... Leer más
Oil prices rose slightly on Tuesday, but remain in a narrow range amid traders' caution ahead of... Leer más
Elon Musk continues his legal battle with OpenAI, filing another lawsuit that calls into question... Leer más
Russia will receive $1.2 billion from the BRICS bank for the first time in two years. The new BRICS... Leer más
At the beginning of the week, the euro weakened due to increasing political uncertainty in France,... Leer más
In November, the People's Bank of China implemented significant injections of funds into the... Leer más
Saudi Arabia, a leading oil exporter, is ready in January to cut prices for Asian buyers to record... Leer más
Donald Trump expressed concern about the intentions of the BRICS countries to create an alternative... Leer más
Trump will demand that the BRICS commit not to create a new currency as an alternative to the... Leer más
Inflation in the eurozone reached 2.3% in November, exceeding the European Central Bank's target of... Leer más
Despite the current successes of the American economy, Donald Trump's election promises on fiscal,... Leer más
China has imposed new restrictions on exports of tungsten, a key strategic metal used in the... Leer más
The US dollar is experiencing a significant drop, which may be the largest in the last three... Leer más
Steelmaking is declining in Russia. According to data for January-October 2024, steel production... Leer más
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