Joseph Branch

Joseph Branch

22-23 years will be a period of funding crisis for small and medium-sized enterprises - Frank RG

There will be a decline in bank lending amidst the degradation of the economic environment, as well as accumulated problems, and thus a deterioration of payment discipline on the part of SMEs. The only thing that can support lending is the continuation of SME financial support programs, which already overshadowed

The European Commission proposed to oblige EU countries to share gas with each other in case of shortages

The EC also proposed the creation of a joint gas purchase mechanism. EU companies would be allowed to form a consortium for purchasing gas. The European Commission has recommended targeted interference in the formation of market prices for gas due to high exchange prices.

Oil trades below $90 a barrel again, Biden's getting the market even?

Earlier we reported that the White House intends to release another 15 million barrels of oil from the SPR. Also, the EIA predicts a surplus in the oil market next year. Probable reason: falling demand in the face of recession.

Gazprom's BoD approved the investment program and budget for 2022

The total volume of investments will amount to 1,979.7 billion rubles. This is RUB 222 billion more than in the original investment plan. Capital investments will amount to 1,746.3 billion rubles. Gazprom is explaining the change in the investment program by the increased amount of investment

The recovery continues. S&P 500 rises 1.3%

The U.S. stock market is up almost 4% in two days. However, there is no special reason for rebound. The inflow of liquidity to the market is due to redemption of treasuries by the U.S. Treasury. Reporting season has started and many US banks have already presented their

Apple cuts production of iPhone 14 Plus less than two weeks after debut - The Information

Apple has ordered at least one plant in China to stop producing components for the iPhone 14 Plus. The company is now evaluating demand for the product. Two assembly plants in the PRC are cutting production of Apple smartphones by 70% and 90%.

Nigerian LNG terminal declares force majeure after flooding - Bloomberg

Nigeria LNG Ltd. announced force majeure circumstances for shipments from the LNG plant. The reason: flooding on Bonny Island. Interestingly, the gas producer was already operating at reduced capacity due to problems with the quality of raw materials. NLNG is a subsidiary of the Nigerian National Oil Company and European

The swing in the U.S. market continues. S&P 500 bounces back from local lows and rises 2.7%

IF News: The positive momentum is probably temporary. So far there are no prerequisites for a full recovery of stock indices. Inflation is still high and demand is still at a high level. That means the Fed will continue to raise rates, which is negative for stocks for at least

Recession in the U.S. is almost inevitable, Bloomberg economists

According to the model constructed by economists of BBG Anna Wong and Elise Winger, the probability of recession in the U.S. in 12 months reaches 100%. Such forecast goes against the positive expectations of Biden who earlier was sure of the "impossibility" of recession.

The rise in apartment prices has stopped. There is an oversupply in the market

According to Dom. RF, the supply of apartments in the Russian market grew by 18% during the year. In this case, unsold were about 40 million square meters. meters against 34 million a year earlier. Since the beginning of the year apartment prices grew by 21.7% in the 70