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
Sales of Russian gas for rubles brought the country an income of 2.3 trillion rubles. According to... Leer más
According to an estimate by the U.S. Energy Information Administration (EIA), the collapse of a... Leer más
On Friday, oil prices continued to rise, ending the first quarter with a steady increase. The... Leer más
Yandex N.V. has completed the internal reorganization of the group. A final agreement has been... Leer más
JPMorgan Chase investment bank warns that the end of the five-month rally in the US stock market... Leer más
According to the UK's National Statistics Office (ONS), the country's economy contracted by 0.3% in... Leer más
New problems of Russian oil: millions of barrels of domestic diesel are not accepted in Brazil.... Leer más
Five German research institutes have significantly revised their forecast for German GDP growth for... Leer más
The Central Bank of Sweden (Riksbank) decided at its meeting on Wednesday to keep the key interest... Leer más
Oil prices declined on Wednesday after the publication of data from the American Petroleum... Leer más
The yen's exchange rate against the US dollar has reached its lowest since 1990 amid expectations... Leer más
Progressive taxation in Russia will reduce inequality, but will hit GDP. The effect on gross... Leer más
This month, at least five North Korean tankers with petroleum products were spotted leaving the... Leer más
According to the London ICE Exchange, cocoa bean prices have reached a new historical high. For the... Leer más
The dollar began to rise again against the Turkish lira after the unexpected decision of the... Leer más
Bitcoin has returned to the area above $71 thousand. A day earlier, investment guru Jim Roger said... Leer más
Analysts at the Goldman Sachs Group bank predict that the American S&P 500 stock index may... Leer más
Oil prices began to rise sharply on Monday amid heightened geopolitical tensions and worries about... Leer más
After the withdrawal of the Binance crypto exchange from Russia in September 2023, CommEX became... Leer más
On the evening of March 22, a terrorist attack took place in the Crocus City Hall in Krasnogorsk,... Leer más
According to the Ministry of Internal Affairs and Communications of Japan, consumer inflation in... Leer más
The Russian government has proposed to prioritize the transportation of fuel by rail over other... Leer más
The Central Bank of Turkey has decided to raise the key interest rate by 500 basis points, setting... Leer más
Following the results of today's meeting, the Bank of England left the key interest rate at 5.25%,... Leer más
After a temporary lull, copper prices resumed their upward trend following the confirmation by the... Leer más
The US Federal Reserve has decided not to change the interest rate, leaving it at 5.25-5.5%. This... Leer más
The Fed kept its key rate at 5.5%. Jerome Powell said that a rate hike could stifle the country's... Leer más
The two-day meeting of the US Federal Reserve on monetary policy ends today, and the expectation of... Leer más
According to the UK's National Statistics Office, consumer prices rose 3.4% year-on-year in... Leer más
Oil prices on Wednesday showed a moderate decline after yesterday's significant growth amid... Leer más
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