Categories Business Russia avoided critical economic contraction in face of coronavirus crisis – Putin Posted on Posted onDecember 25, 2020December 25, 2020By Editor The coronavirus pandemic did not result in a critical downturn for the Russian economy thanks to the support measures implemented by the government, President Vladimir Putin has stated. … Read More >Russia avoided critical economic contraction in face of coronavirus crisis – Putin
Categories Business Russia’s weekly gold & foreign currency reserves jump by $6.5 billion Posted on Posted onDecember 25, 2020December 25, 2020By Editor Russia’s foreign exchange holdings rose by over one percent in one week to reach a total of $593.6 billion, according to the latest central bank data. … Read More >Russia’s weekly gold & foreign currency reserves jump by $6.5 billion
Categories Business Record public borrowing brings UK debt pile to £2.1 trillion Posted on Posted onDecember 23, 2020December 23, 2020By Editor UK public debt grew to the size of the entire British economy in the first eight months of the financial year, the highest level since the early 1960s, as a result of the coronavirus pandemic. … Read More >Record public borrowing brings UK debt pile to £2.1 trillion
Categories Business Russia looking to bolster oil supplies to India for decades ahead Posted on Posted onDecember 23, 2020December 23, 2020By Editor Russia retains a solid place in the Indian energy market, and wants to expand its oil exports to the South Asian country, says Russian Ambassador to India Nikolai Kudashev. … Read More >Russia looking to bolster oil supplies to India for decades ahead
Categories Business PetroChina makes HUGE gas find Posted on Posted onDecember 23, 2020December 23, 2020By Editor PetroChina discovered a natural gas field with reserves in excess of 100 billion cubic meters, Chinese states news agency Xinhua reported this weekend. … Read More >PetroChina makes HUGE gas find
Categories Business Google & Facebook to team up in fight against govt accusations of secret pact to rig online ad market – report Posted on Posted onDecember 23, 2020December 23, 2020By Editor Silicon Valley behemoths Google and Facebook have reportedly foreseen that a secret deal to manipulate the advertising market could be exposed and vowed to cooperate if one of them faces an antitrust lawsuit. … Read More >Google & Facebook to team up in fight against govt accusations of secret pact to rig online ad market – report
Categories Business German investments in Russia back on track despite pandemic crisis & Western sanctions Posted on Posted onDecember 22, 2020December 22, 2020By Editor German businesses’ direct investments in the Russian economy totaled €1.3 billion in the nine months to September, according to the Russian-German Chamber of Commerce. … Read More >German investments in Russia back on track despite pandemic crisis & Western sanctions
Categories Business Moscow Exchange sows seeds of potential with launch of wheat futures contracts Posted on Posted onDecember 22, 2020December 22, 2020By Editor The Derivatives Market at the Moscow Exchange (MOEX) has launched trading of physically settled Russian grain futures contracts. The product is set to replace a swap contract that closed earlier this year. … Read More >Moscow Exchange sows seeds of potential with launch of wheat futures contracts
Categories Business Gold rallies to 6-week high on US stimulus deal & Covid lockdowns Posted on Posted onDecember 22, 2020December 22, 2020By Editor The price of gold continued to rise on Monday, after the US Congress reached a long-sought coronavirus aid package agreement. Lockdowns in the UK have also boosted investor appetite towards the precious metal. … Read More >Gold rallies to 6-week high on US stimulus deal & Covid lockdowns
Categories Business Govt aware latest lockdown could have ‘severe’ impact on British economy — UK health minister Posted on Posted onDecember 21, 2020December 21, 2020By Editor The economic impact of fresh restrictions introduced by UK Prime Minister Boris Johnson amid a rapidly spreading new coronavirus strain are expected to be very severe, admits British Health Minister Matt Hancock. … Read More >Govt aware latest lockdown could have ‘severe’ impact on British economy — UK health minister
