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
Biden is in favor of ending the conflict in Gaza. The Axios portal, citing anonymous American... Leer más
The US stock market has been stable in recent weeks, despite reports of a steady increase in... Leer más
On Tuesday evening, oil prices accelerated their decline as investors evaluate production forecasts... Leer más
According to media reports, Sinopec, the Chinese energy company, plans to start purchasing 1.5... Leer más
The EU is considering trade sanctions against Israel due to the policy of aggressive war in the... Leer más
Oil prices rose slightly on Monday after the strongest weekly drop in seven months. Brent quotes... Leer más
According to the ECB's chief economist Philip Lane, the latest statistics on the eurozone economy... Leer más
Instant coffee prices may rise due to a sharp jump in prices for robusta coffee futures. Its value... Leer más
In April, the growth rate of consumer prices in Turkey accelerated again, reaching the highest... Leer más
On Friday morning, oil quotes are growing slightly, but the asset ends the whole week with a... Leer más
Turkey has suspended all trade with Israel, heightening already high tensions between the two... Leer más
Turkey has stopped all trade with Israel in protest. The restrictive measures will last until... Leer más
This week, the price of Brent crude oil has significantly decreased, falling by more than 4%. The... Leer más
The US Federal Reserve has decided to leave interest rates unchanged – this is the sixth c... Leer más
Uranium prices have risen above $90 per pound, exceeding their highest in more than seven weeks.The... Leer más
The Fed has decided to keep the key rate at 5.5%. According to Powell, inflation exceeds... Leer más
The exchange rate of the Japanese yen against the US dollar continues to strengthen, reaching 155... Leer más
The President of Nigeria, Bola Tinubu, has signed an agreement with the Danish giant Maersk to... Leer más
Elon Musk unexpectedly arrived in Beijing after the visit of the head of the State Department... Leer más
On Friday evening, oil prices rose, breaking a two-week downward trend. Oil is growing, even... Leer más
The market value of Google's holding company, Alphabet Inc., exceeded the $2 trillion mark for the... Leer más
A new attack on Russian refineries: drones attacked a plant in the Krasnodar Territory of the... Leer más
Donald Trump advisers are looking for ways to counteract the process of dedollarization in the... Leer más
The Bank of Japan kept its key interest rate unchanged after the end of a two-day meeting on Friday... Leer más
406 companies are officially registered in the so-called «Russian offshore», and this number is g... Leer más
French President Emmanuel Macron has begun talks with other European Union leaders on the search... Leer más
Bank of America experts predict a 35% rise in Tesla shares after the first quarter report.... Leer más
The Houthis are attacking again: the American destroyer Maersk Yorktown and two commercial vessels... Leer más
On Tuesday, oil prices showed steady growth, increasing by 1.3% and reaching the level of $88.50... Leer más
Kirill Babayev, President of the National Coordinating Center for International Business... Leer más
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