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Economy

A collection of 596 issues

Biden insulted the Saudis - U.S. president not sure he will meet with king and crown prince during trip to Saudi Arabia

Biden said that a meeting with the crown prince and the Saudi king would not necessarily be part of his agenda; his goal is much more - a summit of all Persian Gulf countries to be held in Saudi Arabia. Saudi officials found such remarks by the U.S. president

Russian fertilizers to become more expensive, - Vedomosti

Producers are preparing to raise the price by 19%, according to the publication. "Eurochem, Uralchem, Akron, and Kemerovo-based Azot (part of the Azot Group) have already brought their price lists into line with the FAS recommendations. Experts do not expect aggressive competition in the domestic market, given the strong ruble

Reorientation of Russia's trade flows is not a temporary trend - Mishustin

He also said: The industrial mortgage program will be launched in Russia in the next few months, now it is being finalized. The reorientation of Russia's trade flows is not a temporary trend.

Bear market for cryptocurrencies scares customers of Bank of America

The number of active cryptocurrency users at Bank of America has dropped by more than 50 percent since the bitcoin price peaked in November. Since then, the crypto market has shrunk by more than half.

Putin ordered that the operator of the Sakhalin-2 project be replaced with a new legal entity that will take over Sakhalin Energy's rights and obligations.

Sakhalin Energy's assets will be transferred to the Russian Federation with a simultaneous gratuitous transfer to the new Sakhalin-2 operator. Gazprom Sakhalin Holding and the company itself will hold stakes in the new Sakhalin-2 operator. The change of the operator of Sakhalin-2 is due to the breach of obligations by

Sri Lanka wants to import Russian oil despite the declared default - Daily Mirror

Sri Lankan President Rajapaksa asked Putin to cooperate in oil purchases. There is a possibility that the heads of state will meet in Moscow for talks. Sri Lanka's interest in cooperation with Russia can be explained by its inability to buy fuel through regular deliveries. The reason is a debt

Gazprom shares make -30% after the start of the discrete auction - this may not be the limit

In case you missed it: Gazprom refused to pay out record dividends. The profits will be used for taxes and regional gasification. According to RBC's source, Gazprom refused to pay dividends after the Finance Ministry proposed introducing an additional tax on the company.

The process of reducing inflation will be somewhat painful - Powell of the Fed

The official noted that the Fed is working hard to "get smarter on the supply side of the market. The Fed's revised policy is based on old conditions, Powell said. "We are not responsible for the dollar exchange rate," he said. There is certainly a threat of de-globalization, the official

Rosneft has found a new field - the company

It is located on the shelf of the Pechora Sea with recoverable oil reserves of 82 million tons. "The field was named Madachagskoye and became one of the largest discoveries on the Russian shelf in recent times," the report says.

Yandex and the EEC plan to hide pirated content from search engines - TASS

The policy applies to right holders from EAEU member countries, according to a press release from the EEC. At present the system is implemented only in the search output of "Yandex" for users from the Russian Federation. Also in the EEC reported that this is done "in order to prevent