Norway has restricted Russian fishermen's access to the country's ports - RBC Russian fishermen now have access only to the following ports: Tromsø, Kirkenes and Botsfjord. This decision was announced by Norwegian Foreign Minister Anniken Huitfeldt.
Tesla shares fell amid worse-than-expected sales report The company reported record shipments of electric cars in the third quarter, but the figure fell short of analysts' forecasts In trading on Monday, October 3, on the pre-market NASDAQ, shares of U.S. electric carmaker Tesla fell 6.5% to $248 per share. By 1:42 p.m.
The people of Austria are against the innovations with cash. Austrian activists demand the right of citizens to pay in cash for any purchases to be included in the country's constitution. Now in Brussels they are discussing the introduction on the whole territory of the EU a limit of 10 thousand euros for cash payments. The initiative of
Two explosions near the Nord Stream gas pipelines were detected Earlier, Polish and Danish leaders and experts expressed fears that leaks at the pipelines could be the result of sabotage Sweden's national seismic network said it recorded two explosions near unusual leaks at two Russian gas pipelines running along the bottom of the Baltic Sea to Germany. The
The business climate in Russia is recovering. The Bank of Russia Index is growing Businesses in the country are beginning to adapt to changes in the economic conditions in the Russian Federation. Short-term production expectations are quite optimistic, and production activity is growing. Production volumes are actively recovering. The BCI (Business Climate Index) rose to 2.8 points, up 1.4 p. At the
British supermarkets are failing. Inflation and supply chain failures put retailers at risk of bankruptcy The bond insurance coverage of British supermarkets Asda Group and Iceland Foods has risen to 76%, from 52%, over five years. Yields on the bonds of these issuers have risen sharply along with the risk of their bankruptcy. Investors' main fears are due to the country's tax
EU foreign ministries to discuss abolition of the unanimous decision-making principle today - RBC The principle allows EU countries to veto the application of sanctions. For example, Hungary used its veto when the EU was working on restrictions on Russian oil in spring. IF News: Eliminating the veto would allow the EU to pass sanctions by majority vote, which would speed up decision-making. At
Russian gold imports to Switzerland rose to the highest level in two years, reaching $324 million in August - Bloomberg Russian gold became taboo after the imposition of sanctions. However, bars taken out of the country before August 4 are not covered by the import ban. For easier sale, gold is exported to Switzerland to be melted down. Once melted, the gold becomes "Swiss".
The Central Bank will lower the rate by 0.5% today - consensus forecast The Central Bank key rate will be announced at 13:30 Moscow time. How will this affect the markets? The stock market may rally slightly today on the news of the rate cut as investors will shift funds from bonds to stocks. Only if the Central Bank lowers the rate
Kanye West is ending his partnership with GAP. The celebrity notified the company today. According to him, GAP failed to meet its commitments to open stores on time and failed to release the Yeezy Gap clothing collection. "Keeping me will cost you billions. Letting me go will cost you billions," West wrote online, but later deleted