Category: World Economy

World Economy

Inflation in the EU broke the record, but GDP growth remained positive

Inflation in the Eurozone in July reached 8.9% in annual terms, according to Eurostat’s preliminary estimates. The…

The EU and Great Britain embargoed Russian gold

The Council of the EU has decided to ban the import of Russian gold into the European…

Car owners in the UK are switching from electricity to petrol

In the face of unprecedented high electricity prices in the UK (WB) in 2021, it has become…

Coal imports to China tripled in November compared to November 2020.

China’s coal imports in November were 35.05 million tonnes in November 2020 compared to 11.67 million tonnes…

“Vedomosti” knew the volumes and directions of the so-called “secret” export

Vedomosti analyzed data from the Federal Customs Service (FCS) published in early August and learned about so-called…

Secret exports from January to June rose by 61% to $ 27 billion

As we thought It is the main source of data customs statistics Foreign trade of the Russian…

Russia faced an economic collapse with a small amount of state aid

Igor Shuvalov, head of VEB.RF, said that the overall growth of the economies of the BRICS countries…

China and the Basque Country are coordinating economic recovery strategies

Andrey Slepnev, a member of the Eurasian Economic Committee’s trade council (minister), said the main threat to…

For the Russians, the world has changed forever

The Russians perceive the current economic crisis as non-epidemiological, which is significantly different from that of North…

HSE experts described Russia as a prosperous country in terms of the depth of the coronavirus crisis

Compared to the 2008-2009 financial crisis. the current impact has largely affected the real sector of the…

Beijing demands the creation of a yuan zone in the world economy

A “yuan-based” economic bloc must be created to compete with the Western dollar-based financial system in the…

OPEC + will increase quotas for oil production

An online conference by the Organization of the Petroleum Exporting Countries (OPEC) and the main members of…

The U.S. budget deficit widened 101 times a year

Last month, the U.S. spent a record $ 1.105 trillion – $ 763 billion more than last…

Joe Biden wants to restrict imports from Russia

Russia, along with China, poses a “threat to U.S. national security,” according to the campaign headquarters of…

Expensive oil is becoming a problem – Vedomosti

Saudi Arabia has announced a new rise in oil prices. For Asian buyers, the entire line of…

The Russian Ministry of Transport is not ready to resume flights with Turkey from July 15

Russia’s transport ministry has told Turkish counterparts that it is not ready to discuss a proposal to…

The second wave of coronavirus threatens the dollar

The second wave of the coronavirus epidemic is already a reality in the United States. The new…

Economic openness leads to an increase in COVID-19 disease

Apple closed seven stores in Houston, Texas last week, just four days after it closed in four…

The meeting on the commodity market represents an economic recovery

The economic recovery is indicative of many data. In the US, for example, unemployment fell sharply in…

The IMF has worsened its forecast for the development of Russia and the world economy

The International Monetary Fund (IMF) expects global GDP to fall by 4.9% in 2020, which is 1.9…

Russia could break its tax treaty with Cyprus

Russian businesses, which work with offshore companies through Cyprus, not only increase their tax burden, but also…

The Americans began to return to the store in droves

U.S. retail sales rose 17.7% in May; This is the highest monthly rate since data collection began…

The US Fed may limit Treasury yields

Governors of the US Federal Reserve (FRS) are considering additional measures to help the economy. When the…

You should not bury globalization and anticipate the complete self-isolation of countries

“Describe the past, diagnose the present, make a prediction for the future.” All over the world, governments,…

Europe strengthens economic recovery – Vedomosti

The European Central Bank has decided to extend its $ 600 billion bond purchase program to $…

Fitch: Global Fiscal Promotion exceeds 7% of GDP

Most countries are making unprecedented efforts to help their economies. As of June 3, $ 4.927 trillion…

The US will deprive Hong Kong of its special trade status

US President Donald Trump has ordered his administration to remove Hong Kong from bilateral trade privileges. In…

More than 40 million Americans lost their jobs in the epidemic

As of the week ended May 23, 2.12 million more Americans were claiming unemployment benefits, according to…

The European Commission intends to allocate € 1.85 trillion to boost the economy

The European Commission (EC) on Wednesday unveiled a plan to revive the EU economy in the wake…

Expectations for better business in Germany are much clearer

The Business Climate Index, based on a survey of about 9,000 German companies by the Ifo Institute…

Argentina preferred it to its ninth history

The grace period expired on Friday, during which Argentina had to pay $ 503 million in foreign…

Merkel defends the economic integrity of the EU

Leaders in France and Germany, at a joint video conference on May 18, proposed the creation of…

Demand for oil is growing again, and so are prices

A month ago, on Monday, April 20, the day before the May WTI oil futures expired, its…

The global economic recovery will be slow and uneven

By mid-April, many forecasts were based on the scenario of a global V-shaped economic recovery; rapid failure…

Saudi Arabia must forget about ambitious reforms

Saudi Arabian Prince Muhammad bin Salman announced four years ago that he intends to radically transform the…

The lack of isolation did not help the Swedish economy

Unlike most other European countries, Sweden did not impose restrictive measures to combat the spread of the…

Rebuilding the economy after the pandemic will not be easy

More and more countries have begun or are about to reduce the restrictions on the spread of…

Unemployed Americans are gaining more population in the crisis

In the United States, over the past five weeks, 26.5 million people have applied for unemployment benefits….

US GDP fell 4.8% in the first quarter

The U.S. Department of Commerce has released a preliminary GDP estimate for the first quarter of 2020….

The US small business support system collapsed as a result of numerous applications

The U.S. government resumed its small business loan program on April 27. But due to high demand,…

Western countries are opening their economies at their own peril and risk

More and more countries are gradually stepping up measures to combat coronavirus. In Italy, too, some companies…

After the pandemic, the world could face a debt crisis

Countries around the world have announced nearly $ 8 trillion in measures to stimulate the economy in…

Countries began to prepare to resume economic activity

In the United States and many European countries, the peak of the coronavirus epidemic has passed, authorities…

The IMF and the World Bank are developing a joint anti-crisis plan

From April 14 to 17, the annual summit of the IMF and the World Bank will be…

The IMF and the World Bank will have to rescue developing countries

The world-paralyzed coronavirus pandemic is hitting the economies of developing countries. Many are already turning to the…

The US Federal Reserve is providing another $ 2.3 trillion to credit markets

The Federal Reserve System (FRS) on Thursday unveiled new $ 2.3 trillion mechanisms that should help the…

The eurozone is ready to take a series of billions of measures to overcome the crisis

The Eurogroup (Council of Ministers of Eurozone countries) is trying to agree on joint measures to support…

The Bank of England will finance the government directly

The UK Treasury Department and the Bank of England have agreed that the latter will lend directly…

A quarter of the economy is out of work in the US

At least a quarter of the U.S. economy has suddenly ceased to function due to the measures…

China has secretly lent more than $ 200 billion to developing countries

In recent years, dozens of developing countries have been actively borrowing from China, mainly to carry out…