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Swiss bank will cut employee bonuses by a billion dollars

Credit Suisse to cut bonus fund by 50 percent to $1bn due to crisis Credit Suisse, one of Switzerland's largest banks, plans to cut its bonus pool for 2022 by 50 percent due to the crisis and negative financial results in the fourth quarter. This was reported by

First oil field discovered in Somaliland.

The first oil field has been discovered in the northern region of Somalia, the unrecognised state of Somaliland. The first oil field has been discovered south of Somalia's state capital, Garowe Online. The oil has been discovered to the south of Hargeisa, the capital of the Somaliland state.

Ukraine and Senegal to develop trade in agricultural products.

The Ministry of Agrarian Policy and Food of Ukraine signed a memorandum with the Ministry of Agriculture, Rural Infrastructure and Food Sovereignty of the Republic of Senegal on cooperation in the field of agriculture. According to Ukrinform, this was reported by the press service of the Ministry of Agrarian Policy.

Germany says it has been "saved" from gas shortages this winter

The head of the German Federal Network Agency (Bundesnetzagentur) said that Germany's natural gas storage facilities were more than 90 percent full and that due to the savings regime, gas consumption in 2022 was 14 percent lower than in 2021

Coinbase to pay $50 million to New York regulator

Coinbase Exchange received a $50 million fine from the New York State Department of Financial Services (NYDFS) for violating customer identification procedures. The dispute with NYDFS relates to violations discovered in 2020 and 2021. At the time, the platform failed to properly verify customer identities and monitor transactions. The company

"DCG and FTX conspired to bring Terra down" - 3AC founder

Three Arrows Capital founder Zhu Su posted a series of tweets in which he shared his perspective on the collapse of Terra and DCG's role in it. According to him, DCG was in bad shape because of its close relationship with FTX. And the two companies worked together

Iraq's income from oil exports in 2022 increased by half

The average daily volume of oil exports from Iraq at the end of last year was 3.320 million bpd, according to the report of the Ministry of Oil of the Republic. According to the results of 2021, this indicator amounted to 3.277 million bpd. Thus, it increased by

Binance has integrated payments through Google Pay and Apple Pay

Cryptocurrency exchange Binance has added the ability to buy cryptocurrencies through Google Pay and Apple Pay services. Thanks to this, iOS and Android owners will be able to top up their fiat deposits using these tools.

Analysts named Russia and China the largest buyers of gold for the year

Purchases of gold by central banks has become a record for 55 years, the leaders are Russia and China Only for the third quarter of the world's central banks have bought nearly 400 tons of gold, such interest in gold was not for decades. The last time increased

A decade of sluggish growth predicted for the world economy

Tressis Gestion expert Lacalle predicted a decade of sluggish economic growth for the world A decade of sluggish growth awaits the world economy, and developed countries will be lucky if they can achieve even a one percent annual rise in their economies, Tressis Gestion chief economist Daniel Lacalle predicted on