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Politic

A collection of 269 issues

JP Morgan expects the ECB to raise the rate by 50 bps by the end of the year - the company

Earlier in JP Morgan the ECB was expected to increase by 75 bps. JP Morgan lowered its economic forecasts for the euro zone: it sees a moderate recession due to GDP contraction in Q4 2022 and Q1 2023.

Replacing gas with coal at EU plants caused disapproval of "green" investors - Reuters

Due to problems with the supply of Russian gas, many industries in the EU are forced to switch to coal: it is quite productive, and at the same time - affordable. Its main drawback is the amount of harmful emissions, which is not to the liking of "eco-friendly" investors. The

FAS asked to initiate a case against Twitch after the blocking of Russian streamers and their payments

Public organization "Center of Internet Technologies" appealed to the Federal Antimonopoly Service. The complaint was registered due to the blocking of Russian streamers and the suspension of payments to authors on Russian bank cards.

The Central Bank raises from August the norms of required reserves in rubles for banks

The measure will help to maintain the trend to devaluate the balance sheets of credit institutions. This will reduce the risk of defaults of credit institutions. Also, this measure indicates that Russian banks are coming to normal. Now they have funds to fill reserves.

Banks react to the reduction of the Central Bank rate: "Alfa" offers a cash loan at 5.5%

Loans secured by real estate are even lower at 4.9%. VTB will reduce rates on the entire line of credit products, including mortgages. The final parameters will be determined in the near future.

According to the basic forecast of the Central Bank of Russia GDP by the end of the year will decrease by 5-6%, to the growth may pass in the next year

At the same time, the Central Bank of Russia forecasts an increase in mortgage lending of 13-18%. This may be positive for developers' shares. The Bank of Russia notes that credit conditions in Russia remain tough, as banks have tightened their requirements for borrowers. The Central Bank does not rule

U.S. suspects Huawei products of spying on the country's strategic facilities - Reuters

Cell phone towers with their defenses could be collecting information from military bases and missile silos and transmitting it to China, according to the Biden Administration. It turns out that the investigation has been underway since Biden took office. Huawei has long been haunted by U.S. government accusations that

Russia will agree to limit oil prices - U.S. Treasury Secretary Yellen

"Russia will face a ban on insurance and financial services at the end of the year, which we estimate will result in a loss of 3 to 5 million barrels," she said."So why should they retaliate against an initiative that allows their oil to continue to flow to world

Russia increases oil production in July to 10.78 million barrels per day, Bloomberg

Russian refineries are increasing production. According to data, deliveries to domestic refineries in July reached 5.75 million barrels per day, about 6% above the June average.

Russia wants to receive Arab dirhams for oil deliveries to India - Reuters

An invoice seen by Reuters shows that the bill for supplying oil to one refinery is calculated in dollars, while payment is requested in dirhams. Sources said at least two Indian refineries have already made some payments in dirhams, adding that more will do so in the coming days. Why