Category: Economics > International

The European Central Bank ( ) was strongly criticised two years ago for failing to predict its ejection – first known for the data in the euro era – thus delaying the tightening of monetary policy and limiting price increases. The ECB first increased interest rates in July 2022, when inflation in the Eurozone had…

A significant fall has been observed in recent years in crude oil exports from and from , which gives food to scenarios for rising prices ahead of the American elections. In particular, S. Arabia’s exports have fallen by about 1.1 million barrels per day since May, while a corresponding drop is noted in Russia’s exports.…

From “paradise” to “hell” It seems that it spent just one night, Crowdstrike software, the plunged the world into its chaos A defective update from Crowdstrike caused widespread disruption throughout the world of IT and economy today (19.07.24). The share price fell sharply, according to Handelsblatt. However, the incident raises more fundamental questions. Crowdstrike would…

World chaos has caused its current (19.7.2024) technical problem, leading one after another airlines to suspend their flights causing “war” scenes in the world. However, the impact of the collapse of Microsoft/Crowdstrike systems, not only concerns airport flights, from America to Australia, but the operation of countless businesses with direct consequences for the economy’s “heart”,…

World chaos has caused its current (19.7.2024) technical problem, leading one after another airlines to suspend their flights causing “war” scenes in the world. However, the impact of the collapse of Microsoft/Crowdstrike systems, not only concerns airport flights, from America to Australia, but the operation of countless businesses with direct consequences for the economy’s “heart”,…

The Prime Minister of the United Kingdom, Kir Starmer announced the suppression of her so-called shadow fleet of oil tankers used to circumvent international sanctions, saying 44 European nations approved the plan at a meeting of the European Political Community hosted in . The joint “call for action” – first mentioned earlier in the week…

The European Central Bank held its basics firmly in today’s meeting (18.7.2024) of its Board of Directors as expected. In particular, the interest rate on principal refinancing operations and interest rates on the marginal lending facility and the ECB’s deposit facility will remain unchanged at 4.25%, 4.50% and 3.75% respectively. As the ECB announced just…

It will maintain stable today (18.7.2024), preferring to expect further evidence of progress in inflation before making another reduction. The ECB’s deposit rate will remain at 3.75%, according to all 55 economists asked by Bloomberg. No specific guidelines are expected for the course of lending costs, with a number of critical elements expected only in…

It will maintain stable today (18.7.2024), preferring to expect further evidence of progress in inflation before adding to the initial fall in June. The ECB’s deposit rate will remain at 3.75%, according to all 55 economists asked by Bloomberg. No specific guidelines are expected for the course of lending costs, with a number of critical…

The plan for the 2025 project was finalized today by its federal government , following lengthy negotiations providing for public expenditure of EUR 480.6 billion and re-appropriation of EUR 43.8 billion . In particular, Germany’s budget also includes significant cuts, while according to the opposition, it moves to the limits of constitutionality and only marginally…

James David Vance, who enters the presidential race as his candidate vice-president (Donald Trump) in the upcoming presidential election in , turns out unexpectedly progressive supporter of workers’ rights and corporate regulation, according to a German press report. Trump’s U.S. vice president candidate supports unions and fights for higher minimum wages. He wants to prohibit…

Japan’s government is preparing a $3.3 billion grant to the , amounting to 6% of the $50 billion package recently promised by G7, broadcasts today (17.7.2024) the Kyodo news agency citing diplomatic sources. The money for granting a loan to Ukraine will be drawn from Russia’s interest on resources and capital frozen, according to the…

Japan’s government is preparing a $3.3 billion grant to the , amounting to 6% of the $50 billion package recently promised by G7, broadcasts today (17.7.2024) the Kyodo news agency citing diplomatic sources. The money for granting a loan to Ukraine will be drawn from Russia’s interest on resources and capital frozen, according to the…

Pureit cleaning sale announced yesterday (15.07.24) the corporate giant of consumer goods, . Pureit is purchased by A.O.Smith, a leading global water technology company. Pureit offers a series of water purification solutions across India, Bangladesh, Sri Lanka, Vietnam and Mexico, among others. Eduardo Campanella, President of Unilever Home Care, said that “Pureit’s sale marks another…

Pureit cleaning sale announced yesterday (15.07.24) the corporate giant of consumer goods, . Pureit is purchased by A.O.Smith, a leading global water technology company. Pureit offers a series of water purification solutions across India, Bangladesh, Sri Lanka, Vietnam and Mexico, among others. Eduardo Campanella, President of Unilever Home Care, said that “Pureit’s sale marks another…

The recent sanctions decided to be imposed by the European Union in Russia’s liquefaction gas sector ( ) are ‘illegal’, said Russian Deputy Prime Minister Alexander Novak. Alexander Novak during an interview with the state news agency TASS broadcast today (17.7.2024), argued that EU sanctions in Russia for the LNG will not facilitate European consumers…

A warning was issued by the International Monetary Fund ( ) on the fact that in many major economies it is retreating at a slower pace than expected, pointing to a potential risk to global growth by maintaining interest rates at higher levels ‘for an even longer period’. The IMF in an update of the…

The president of the Federal Bank of the United States ( ), Jerome Powell said the financial data of the second quarter provided policy makers with greater confidence that he is heading towards the target of 2% of the central bank, possibly clearing the way for short-term interest rates reductions. Powell stressed the last three…

“Trump Media’s launches” at the Wall Street meeting Monday (15.07.2024), on their first trading day after the assassination attempt against him. Trump Media’s share, in which former US president Donald Trump is the main shareholder, earns over 30%, two days after his shooting in Pennsylvania. As CNBC reports, the volume of transactions was extremely large,…

The second-large euro area report, in new macroeconomic shocks, is a risk, according to the country’s audit service. The Cour des Comptes warned that the current plans to restore France’s “concerned” public finances are already lacking credibility, as political parties with expansionist taxation and spending policies struggle to form a new government after the early…