The ruble is the strongest against the dollar in seven years. However, its course is largely artificial

The ruble is the strongest against the dollar in seven years. However, its course is...

The official ruble-dollar exchange rate hit 55.75 rubles per dollar on Monday. However, it also touched the stronger level of 55.44 during the...
Africa's Namibia could start producing oil by 2026.

Oil demand will slow next year, OPEC estimates

While global oil demand will increase by nearly 3.5 million barrels per day this year, growth is expected to be just two...
The dollar climbed to a four-week high.

The dollar climbed to a four-week high. Ironically, thanks to 40 years of inflation.

The U.S. dollar hit its highest level against a basket of currencies in four weeks. Investors reacted to the surprising May inflation data, which climbed...
How are the major stock indices developing?

Wild development on the stock markets. How are the individual indices doing?

Investors are returning to China after several weeks of lockdowns. The positive sentiment on Asian markets was also supported by some macroeconomic data. Europe, on the...
Joe Biden to lift tariffs on imports of solar panels from Southeast Asia for two years

Joe Biden to lift tariffs on imports of solar panels from Southeast Asia for...

After more than a month of freezing component imports from Southeast Asia for solar projects, it is clear. The United States will introduce an exemption...
Turkey faces high inflation

Turkey holds the highest inflation rate in 23 years. Food prices doubled during the...

Rising energy prices, supply chain problems and the Turkish Central Bank's unorthodox monetary policy strategy led by Recep Tayyip Erdogan. These are the main causes...
Inflation in the United States shows signs of slowing

Inflation in the United States shows signs of slowing, Commerce Department finds

Although one indicator of the price level suggests that inflation in the United States is starting to slow down, the US Federal Reserve will...

Head of the International Monetary Fund: A global recession is not imminent now, but...

The world economy is currently facing many challenges that are still rooted in the time of the covid crisis. When the economy seemed to...
Global equities were losing ground before the end of the week. Asia leads the decline

Global equities were losing ground before the end of the week. Asia leads the...

Concerns about recession, high inflation and persistent problems in supply chains were the main reasons for Thursday's weakening of stocks on major global exchanges. Investors...
Fed, dollar, USA, money

The dollar strengthened again after the biggest drop in two months. Fed chief Powell...

Federal Reserve Governor Jerome Powell confirmed the hawkish outlook for the US central bank's monetary policy. The dollar reacted with a sharp strengthening after...

MOST POPULAR

HOT NEWS