Russian Finance Minister Anton Siluanov said that Russian companies have started using bitcoin and other cryptocurrencies in international settlements. This was made possible by changes in legislation aimed at circumventing Western sanctions.Economic restrictions have made it difficult to trade with key partners such as China and Turkey, as local banks avoid transactions with Russia for fear of sanctions. In response, Russia allowed the use of cryptocurrencies in international trade and took ste... Více
According to Steven Mnuchin, U.S Treasury Secretary, the economic growth of the United States could... Více
American consumer spending grew at a steady rate last month following an inflation surge, enabling... Více
According to Thursday’s statement from the Swedish central bank, they will limit the size of its b... Více
It seems that the European Central Bank is not so keen on loosening its grip on its current... Více
The policy for non-performing loan transfer was loosened to allow to permit lenders to sell... Více
The Bank of Japan has greater economic predictions amid its policy meeting result announced on... Více
The Mexican Peso (MXN) is now about to record its lowest drop within a five-month period following... Více
Credit Suisse bank increased its capital estimated by 4 billion Swiss francs equivalent to 4... Více
The Kingdom of Sweden seems eager to join forces with Maharashtra with regards to waste disposal,... Více
The new home sales data reading for March saw a drastic increase, clocking in at a 5.8% surge, an... Více
The appeal of Asian stocks to investors has subsided because of political and economic risks that... Více
Based on a study issued on Monday, the Russian Federation ranked third with high expenditures on... Více
White House aides have been ordered by President Donald Trump to draft a corporate tax plan which... Více
The British economy has cooled significantly in the months of January to March this year because... Více
The first quarter data of China has come out after a solid positive gain causing a slow down in... Více
An official from the European Central Bank has offered his reassurances to a very worried EU... Více
The America works towards reducing trade barriers with Indonesia which were the focus during the... Více
The latest US jobless claims data surged after almost four weeks, signal a consistent growth in... Více
The inflation rate of New Zealand soared unexpectedly as much as 2.2 percent in the first quarter... Více
Several economists are speculating that the US Federal Reserve could possibly be in for two more... Více
Sterling was in a spotlight during the Asian trading on Wednesday after Theresa May called for a... Více
The International Monetary Fund has recently increased its outlook for international growth by up... Více
Tech employers are now applying for fewer H-1B visas for skilled workers this year as compared to... Více
The U.S. Vice President Mike Pence has arrived in Tokyo Japan to meet with Prime Minister Shinzo... Více
After two consecutive years of recession, the Brazilian economy has been featuring signs of... Více
Following the Easter holiday this weekend and the benchmark increased for three successive weeks,... Více
The Turkish lira surged in value as Recep Tayyip Erdogan came out victorious in the Turkish... Více
In the first quarter of this year, the Chinese economy performed in a faster pace as it showed some... Více
Raising inflation rates is part of Bank of Japan’s options to stop its Quantitative Easing program a... Více
The Canadian central bank will release on Wednesday the economic outlook of the country, however,... Více
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