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

France predicts loss of one million jobs in 2020

At the same time, the country will peak unemployment in the middle of next year. The economic decline this year is projected at up to 10%. In 2020, France will lose about a million jobs, and the peak of unemployment will fall in the middle of 2021. This forecast was made by the Bank of France on Wednesday,… Read More »

US presidential election to help Nord Stream 2

In the USA, they told exactly what kind of strike America is ready to strike at Nord Stream 2. New sanctions will not hit Gazprom directly. However, they will complicate the life of companies that will provide Russia with services to complete the gas pipeline. However, new sanctions may come into force when the construction of Nord Stream… Read More »

Saudi Aramco will raise the price of oil

In particular, the price of Arab Light oil for Asian customers will rise in July, this will be a record increase in cents for 20 years. In July, Saudi Arabia will raise prices for all brands of oil for all buyers. This was announced by state-owned company Saudi Aramco on Monday, June 8. At the same time, prices… Read More »

Trump: US unemployment began to decline again

Speaking to reporters in the White House, the president noted that the country’s economy began to recover On Friday morning, before leaving for Maine, US President Donald Trump held a press conference with reporters. The President noted that despite the ongoing pandemic of the coronavirus, a positive trend in employment appears in the country. This is evidenced by… Read More »

Wall Street shows growth amid surging Boeing stock prices

The indicators show that investors are optimistic about the prospects for economic recovery Wall Street showed growth on Wednesday amid a spike in Boeing stock prices, indicating that investors were optimistic about the prospects for economic recovery after the coronavirus pandemic, while a wave of protests continued in the country. Boeing shares rose 8.5 percent after it became… Read More »

Australia’s economy hit hard for the first time in 29 years

At the same time, the Ministry of Finance of the country notes that the Australian economy has not suffered as much as many other countries. Australia’s GDP for the first three months of the year fell by 0.3%, and this was the first time in 29 years. This is evidenced by data from the Australian Bureau of Statistics… Read More »

Trump breaks ties with Hong Kong. Who will suffer

The USA deprived the Chinese special region of the status of a privileged business partner due to the loss of autonomy. US President Donald Trump has decided to close ties with Hong Kong because of Chinese law, which robs the former British colony of autonomy. The Hong Kongers panicked and rushed to buy the currency, but local authorities… Read More »

$ 1.1 billion Libyan currency seized in Malta

The money was printed by the Russian Goznak factory and was supposedly intended for the Libyan National Army, General Khalif Haftar.   Libyan currency worth $ 1.1 confiscated by the authorities of Malta. Morgan Ortagus, the spokesman for the US Department of State, said this on Friday, May 29. The United States welcomes the announcement by the Government… Read More »

US ready to impose sanctions against Nord Stream-2

The US ambassador to Germany, Richard Grenell, said Congress could pass new sanctions against Nord Stream 2 (Nord Stream 2). “The new sanctions are supported by both parties. Despite the election campaign, the legislative process can go quickly,” he said in an interview with Handelsblatt. According to the diplomat, the goal of possible sanctions is to prevent the… Read More »

Japan officially entered recession

The economic downturn in the country recorded for two consecutive quarters The Japanese economy entered a recession for the first time since 2015 when economic activity in this country and abroad were sharply inhibited due to the coronavirus pandemic. Data released on Monday by the cabinet showed that Japan’s GDP fell 3.4 percent in the first quarter of… Read More »