ECONOMY • Page 11 of 48 • TOP NEWS

ECONOMY

U.S. imposes sanctions on Iranian steel sector

U.S. imposes sanctions on Iranian steel sector

Tehran uses steel industry revenues to fund its malign activities U.S. Secretary of State Mike Pompeo announced Tuesday the imposition of sanctions against 17 companies and one individual associated with Iran’s steel industry, the proceeds of which the Iranian regime uses to finance its destabilizing activities around the world. The State Department’s sanctions list includes Kaifeng Pingmei New Carbon Materials ...

Read More »

Agreement on lifting the blockade of Qatar signed

SAUDI ARABIA, QATAR, BOYKOT, Gulf of Persia

Gulf countries have decided to resume diplomatic and economic relations with Qatar, which were interrupted in 2017. An agreement to end the diplomatic boycott of Qatar was signed at the summit of the Gulf Cooperation Council, held Tuesday, January 5, in the Saudi city of El Oula, Al Arabiya reported. Representatives from Bahrain, the UAE, Kuwait, Oman, Saudi Arabia, and ...

Read More »

New York Stock Exchange reverses decision to delist Chinese state-owned companies

New York Stock Exchange reverses decision to delist Chinese state-owned companies

In November, Trump banned investments in companies allegedly linked to the Chinese military The New York Stock Exchange abandoned plans to exclude three Chinese telecommunications companies from the index under an executive order from U.S. President Donald Trump. The exchange said on its website that it was reversing a previous decision after “new consultations” with regulators. Last Thursday, the exchange ...

Read More »

The U.S. stock market closed lower, with the Dow Jones down 1.60%

The U.S. stock market closed lower, with the Dow Jones down 1.60%

The U.S. stock market ended Monday’s trading lower on the back of negative dynamics from the utilities, manufacturing, and consumer services sectors. At closing time on the New York Stock Exchange, the Dow Jones fell 1.60 percent, the S&P 500 index fell 1.85 percent and the NASDAQ Composite index fell 1.76 percent. The top gainers among the Dow Jones index ...

Read More »

Cardano cryptocurrency grew by 10%

Cardano cryptocurrency grew by 10%

Cardano cryptocurrency was trading at $0.207606 at 2:07 p.m. (11:07 GMT) on the Investing.com Index exchange on Monday, a change of 10.42% during the day. It was the sharpest daily rise in cryptocurrency since Jan. 3. Such growth pushed Cardano’s market capitalization to $6.492098B, 0.79% of the market capitalization of all cryptocurrencies. Earlier at its peak, Cardano’s capitalization was $23.917,000B. ...

Read More »

Trump’s son-in-law helped settle relations between Saudi Arabia and Qatar

Trump's son-in-law helped settle relations between Saudi Arabia and Qatar

A senior adviser and son-in-law of U.S. President Donald Trump, Jared Kushner, helped to reach an agreement between Saudi Arabia, Qatar, and several other countries. This is reported by Reuters, citing a U.S. administration official. The agreement will be signed on January 5, according to the report. Under the agreement, Saudi Arabia, the United Arab Emirates, Bahrain, and Egypt would ...

Read More »

Bitcoin broke several records in one day

Bitcoin broke several records in one day

Bitcoin during trading on January 2 rose by 9.8% – to 32.054 thousand dollars. These are the data of the CoinDesk portal at 19.13 Moscow time. This is another all-time high for the day. Earlier today, the cost of a bitcoin reached $30,000. Then the price exceeded the mark at $31 thousand. This was the first time bitcoin reached such ...

Read More »

Norwegian company curtails support for Nord Stream 2

Norwegian company curtails support for Nord Stream 2

The Norwegian company DNV GL will not be able to issue a certificate of conformity for the Nord Stream 2 gas pipeline, which is necessary to start its operation. The construction was to start in January. The company refused to certify the pipeline due to the threat of U.S. sanctions, RBC reported. “DNV GL will stop all activities to inspect ...

Read More »

Serbia explained the choice of the Turkish Stream gas pipeline

Serbia explained the choice of the Turkish Stream gas pipeline

The Bulgaria-Hungary gas pipeline (interconnector) passing through Serbia with gas from the Turkish Stream will ensure energy stability of Serbia despite external pressure, said Ivica Dačić, speaker of the parliament and former foreign minister. On Friday morning, Serbian President Aleksandar Vucic took part in the official launch of Russian gas into the Serbian gas transportation system via Bulgaria from the ...

Read More »

The UN budget will exceed three billion dollars this year

The UN budget will exceed three billion dollars this year

The Fifth Committee of the UN General Assembly approved the budget for 2021, after which it was supported by the plenary session. The UN General Assembly approved the organization’s budget for 2021 at the level of $3.2 billion. This was reported by Xinhua News Agency. UN Secretary-General António Guterres said at the Fifth Committee meeting that despite reduced liquidity, “processes ...

Read More »
Social Share Buttons and Icons powered by Ultimatelysocial