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Against the background of the new US sanctions, which came into force on March 18, the import substitution processes in the domestic technological chains will only be accelerated and intensified, the press service of the Ministry of Industry and Trade told RBC. The ministry noted that the funds used to pay for imports will remain […]
“Draconian outhouse” arbitrariness began in the PRC. Businessmen began to fine workers for going to the toilet too often. For each visit to the closet more than once a day, the employee is charged a 20 yuan ($ 3) fine. The communist authorities have already stated that this is illegal. Businessmen complained that “the workers […]
Russia can retain its leadership in energy supplies through hydrogen supplies, said Anatoly Chubais, President’s Special Representative for Sustainable Development.
The Central Bank noted that in 2020 the amount of paper money in the economy increased sharply, by 2.8 trillion rubles, and reached 13.4 trillion, Izvestia writes. The regulator believes that this was influenced by low interest rates on deposits, as well as material assistance from the state to the population and business in connection […]
Prime Minister Mikhail Mishustin, during a video address to the participants of the Gaidar Forum, said that macroeconomic priorities in 2021 will be maintaining fiscal and debt stability, as well as reasonable borrowing in the market and low inflation, RIA Novosti reports. The head of government noted that last year the inflation rate exceeded the […]
Frost has led to the depletion of gas reserves in Europe, where 55.5 billion cubic meters have already been taken from underground storage facilities, which is 27.6% more than in the entire winter of last year, Prime writes, citing a statement from Gazprom. “The icy atmospheric front that covered Europe in February has led to […]
The Ministry of Agriculture of the Russian Federation proposes to increase the export duty for wheat supplies from Russia to 45 euros per ton from March 15, as well as introduce duties for corn and barley, the ministry’s press service told RIA Novosti. “During the meeting at the Ministry of Economic Development and Trade, the […]
Oil rose above $ 69 a barrel on Friday. This happened for the first time in the past year. Oil quotes began to rise after OPEC + unexpectedly decided to maintain production restrictions, and Riyadh said it would extend its voluntary cut. At the same time, Russia and Kazakhstan were allowed to increase production: Russia […]
In the future, ATMs will represent a single infrastructure for all banks, and the number of machines will generally decline.
Ukraine found itself in a difficult position after the failure of negotiations with the IMF on a new tranche of credit, which the country was supposed to receive last year. The fund has set eight conditions for receiving funds, some of which are very difficult for Kiev to fulfill, the media write. At the same […]
Russia and Belarus will sign all oil supply contracts by the end of the year. This was stated by Prime Minister Roman Golovchenko on the air of the Belarus 1 TV channel. “We have agreed with the Russian government that there is no need to put everything under the Christmas tree. The process of signing […]
The fate of the Nord Stream 2 pipeline depends on three conditions, says Wolfgang Ischinger, head of the Munich Security Conference. He wrote about this in an article for Der Spiegel, reports TASS. The first condition is that Germany must introduce an emergency shutdown mechanism for the gas pipeline and give other EU countries the […]
Oil production in the United States has dropped by about 2 million barrels per day due to unusually cold weather in some parts of the country. Such estimates were made on Tuesday by Bloomberg agency. As it notes, one of the main reasons for this was the decrease in temperature and snowfall in the state […]
The Bank of Russia has raised its key refinancing rate to 4.5%, according to the Telegram channel “Before everyone else. Almost”. The decision was made at a regular meeting of the Board of Directors of the Central Bank. As Rambler reported, since April 2020, the Bank of Russia has consistently reduced its key rate from […]
Swedish eco-activist Greta Thunberg accused countries of using fossil fuels, which include oil, coal, peat and other fuels. According to the girl, pronounced at a video conference on climate, the authorities of the countries are not doing enough to change the climate, TASS reports.
The trade deal between fifteen countries in the Asia-Pacific region will boost Japan’s economy by 2.7% when its benefits are fully realized, a government estimate showed. In November last year, fifteen countries in the Asia-Pacific region signed a comprehensive regional economic partnership (RCEP), covering nearly a third of the world’s population and about 30% of […]
By the end of the week, almost all major currencies showed gains. The largest growth against the US dollar was shown by the Canadian dollar (+ 1.45%). A smaller increase was recorded by the Australian dollar (+ 1.11%), the British pound (+ 0.71%), the euro (+ 0.43%), the New Zealand dollar (+ 0.28%) and the […]
Citigroup stock strategist Tobias Levkowicz said in his latest note to clients that US indices, including the S&P 500, are poised for a 10% correction. “A 10% pullback in US equities looks very likely. Our current caution reflects several factors, including turbulent sentiment, stretched valuation levels and a slower earnings revision. Given the limited upside […]
The Treasury Department said Japan had a current account surplus of Y646.8 billion, down 2.3% from last year. This is not in line with the forecasts for a surplus of Y1229.6 billion after a surplus of Y1165.6 billion in December. The trade balance showed a deficit of -Y130.1 billion, down 86.9% from last year after […]
Calendar for today Thursday 1st April 2021 – 01 April 2021 | Forex market news 04/01/2021 Time The country Event Period Previous value Forecast 00:30 (GMT) Australia Change in the volume of mortgage lending February 10.9% 00:30 (GMT) Australia Retail sales, m / m February 0.3% -1.1% 00:30 (GMT) Australia Trade balance, billion February 10.142 […]