Belarus cannot pay off debt due to sanctions
Belarus announced that it can no longer pay off its foreign currency-denominated debt due to Western sanctions. The possibility of repaying debt obligations in foreign currency in the standard manner…
Belarus announced that it can no longer pay off its foreign currency-denominated debt due to Western sanctions. The possibility of repaying debt obligations in foreign currency in the standard manner…
According to OPEC+ leader Saudi Arabia, the oil production cut by 2 million barrels per day reacts to the rising interest rates worldwide and weakening global economy. The reduction in…
Turkish inflation continued to rise in September. The annual inflation climbed to 83.45%, which represents a 24-year record high. Meanwhile, the Turkish president still considers high interest rates to be…
Many tourists have already received their vaccination against the coronavirus, who are much bolder when it comes to travel, especially if it involves flight. The annual comparative analysis of British…
Singapore overtook Hong Kong in the ranking of the world financial centers, making it the number one financial center in Asia and the third place globally. Additionally New York and…
The president of Central Bank of Argentina Miguel Pesce and Economy Minister Sergio Massa met with IMF Director Kristalina Georgieva this week and reaffirmed their commitment to implement the terms…
The dollar index keeps rising to new highs week after week; the dollar has never been so strong against the leading currencies. In addition to the global risk-off sentiment, the…
Although Sperbank improved its forecast for the Russian banking sector, the chairman of Sperbank still expects losses. The new forecast is much more optimistic said German Gref when asked about…
FED Chairman Jerome Powell confirmed in his speech that the fight against the inflation will keep at it until the job is done even as the economy slows. Furthermore, he…
The annual inflation of the Eurozone continued to increase from July to August, slightly exceeded the analysts’ expectations In August, the annual inflation in the Eurozone was 9.1%, which hit…
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