The government decided to establish compensation payments to health workers
The Russian government has ordered the establishment of compensation payments in the amount of 25% of the salary of medical…
Tajikistan reduced aluminum production in the first half of the year
Aluminum production in Tajikistan in the first half of this year fell by 11%. This was announced by the Minister…
Danish Danfoss to sell business in Russia and Belarus
The Danish manufacturer of refrigeration equipment Danfoss has signed an agreement to sell assets in Russia and Belarus to local…
China’s economy slows sharply in second quarter, global risks cloud outlook
Weak data on Friday fuels fears of a global recession as policy makers raise interest rates to contain skyrocketing inflation,…
Sberbank gave a forecast for the ruble exchange rate on Friday
Oil quotes may rise to $102-103 per barrel of Brent on Friday, Sber CIB analysts say. “The price of Brent…
Cryptocurrency market has turned into a “postmodern pyramid scheme” – Paul Krugman
Nobel laureate in economics Paul Krugman described the cryptocurrency market as a “postmodern pyramid scheme” in a New York Times…
Market Dead: Investors Avoid 20-Year Treasury Bonds
Investors are shunning 20-year US government bonds, which is changing the balance of power in the US $23 trillion Treasury…
Speculators cut bets on gold growth to 3-year lows
A monetary tightening cycle is historically not the best time to invest in gold, and the current period confirms this…
US 10 year yields ending the week lower
The US 10 year yield moved lower this week, helped by flow of funds out of the longer end as…
China ready to switch from Russian to Australian coal
China is considering lifting the ban on the supply of coal from Australia due to concerns about supplies from Russia…