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Latest Economic News

Russia has started using Bitcoin in foreign trade

December, 25 2024

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... Read More

Latest Economic News

Russia has started using Bitcoin in foreign trade

All News

Brent has been holding near the maximum since November last year

Economic calendar | January 23 – 27

Retail sales in Britain showed a record drop since 1997

The key inflation indicator in Japan in December reached the highest in 41 years

JPMorgan forecasts US interest rates to rise above 5%

Tesla has a Vietnamese competitor in the US

The share of the pound in international settlements fell to a June low

Goldman Sachs: China's GDP will grow to 5.5% in 2023

The ECB still intends to raise rates by 50 bps each time until the summer

The price of Brent exceeded $87 per barrel after the publication of the IEA report

Sweden plans to promote the EU's transition to «green» energy

The price of gas in the EU has dropped to $600/thousand cubic meters

Inflation in Germany slowed to 9.6% in December

Economic calendar | January 16 – 20

Oil is getting cheaper after last week's strong growth

Opening up China's economy will be a key factor for emerging markets

Germany's GDP grew by 1.9% in 2022

Copper ends the week with strong growth

Harker: The Fed should raise the rate slightly above 5% and take a break

The trade turnover between Russia and China in 2022 broke a record

Gold exceeded $1900 amid the inflation data in the United States

Brent continues to grow steadily

Apple intends to use its own custom displays in 2024

The Egyptian pound has fallen to a historic low

The US Federal Reserve promised a further rate hike

G7 wants to introduce two price ceilings for Russian oil products

Emerging markets shares have risen by 20% since the October low

Morgan Stanley: the US stock market may collapse by 22% in a recession in 2023

World central banks bought 50 tons of gold in November

India and Sri Lanka will start trading in Indian rupees