Category Archives: ECONOMY

The latest news of economics and finance, exchange rates, forecasts, analytics in our section.
News of economics and finance. Exchange rates, the situation on exchanges, stocks, quotes, analytics. The situation with pensions, salaries, loans and deposits. The development of small and medium-sized businesses. The raw materials market and everything that happens with the economies of the leading countries of the world

Australia will spend $ 1.86 billion on military needs

Earlier, the Ministry of Defense expected that in the next 10 years, the country’s military budget will grow to about $ 1.37 billion. The Australian budget spending on defense programs until 2030 will amount to $ 1.86 billion. This was announced on Wednesday, July 1, by Prime Minister Scott Morrison at the presentation of the country’s updated military… Read More »

Merkel planted a “knife in the back” of the United States

American influence on states in the world is weakening. If 10 years ago, Washington easily controlled its puppets in Europe, then by today the control over Europeans has been lost. And this knife was driven into the back of the USA by German Chancellor Angela Merkel. According to Bloomberg with reference to two German officials, the Merkel administration… Read More »

EU Council approves extension of economic sanctions against Russia

Restrictive measures were extended until January 31, 2021, according to a communiqué issued by the EU Council in Brussels. During a videoconference on June 19, the European Council agreed to extend for the next six months the economic package of sanctions against Russia based on an analysis of Germany and France on the implementation of the Minsk agreements.… Read More »

US oil shale pioneer declares bankruptcy

US oil shale pioneer declares bankruptcy Chesapeake Energy, one of the first in the United States to start exploration and production of shale oil, filed for bankruptcy. She filed this with a Texas bankruptcy court in Texas, according to the company’s website. The company’s debt is estimated at about $ 7 billion, the report said. Losses of Chesapeake… Read More »

Merkel Announces Unprecedented Economic Challenges Due to Pandemic

German Chancellor Angela Merkel called the unprecedented economic challenges facing the European Union because of the coronavirus pandemic, she also noted the need for the EU to become “more sovereign” in the field of digital technology. “We live in serious times. The conditions that we had before were relatively predictable and easy compared to the challenges that confront… Read More »

Forbes explains the futility of sanctions against Nord Stream 2

US sanction pressure is unlikely to stop the Nord Stream 2 project, the construction of which has “progressed well.” Such an opinion on the pages of Forbes magazine was expressed by columnist Kenneth Raposa. The journalist noted that recently, American congressmen have again launched vigorous activities related to economic restrictions against the gas pipeline. So, in early June,… Read More »

US Congress proposes relaxed sanctions against Nord Stream 2

Congressmen of the House of Representatives of the US Congress proposed for consideration a bill containing relaxed sanctions against participants in the construction of the Nord Stream-2 gas pipeline, according to the website of legislator Adam Kintsinger. The new sanctions bill will be considered in parallel with what was previously prepared in the Senate, the upper house of… Read More »