World News

Analysts of the European Commission (EC) have named Sweden the only country in the European Union whose economy will shrink in 2023, Bloomberg reports. The status of the most troubled economy in Europe Sweden has received because of the sharp decline in the housing market, which led to the bankruptcy

China has increased its purchases of oil from Russia, Bloomberg reported citing Energy Aspects. At least three supertankers carrying Russian Urals crude, which was bought by state oil and gas companies PetroChina Co. and CNOOC, are on their way to China. Sinopec. According to analysts, they may increase their purchases

The Executive Committee of the National Bank of Moldova (NBM) today decided to reduce the base rate from 20% to 17%, NBM Governor Octavian Armasu told reporters after the meeting. Also, the National Bank cut the rate on overnight deposits from 18 per cent to 15 per cent and the

Electric car maker Tesla has reported  its losses in bitcoins last year. This is according to documents that the company filed with the SEC on January 31. The gross loss in BTC was $204 million, which should be subtracted from the $64 million profit from the sale of the cryptocurrency

The eurozone economy grew by 0.1% in the fourth quarter of 2022. Preliminary data from Eurostat showed this, CNBC reported. "The preliminary Eurozone GDP report shows that economic growth slowed again in the fourth quarter, but did not fall immediately, contrary to reports from business surveys," commented

Azerbaijan and Egypt have today signed a package of documents aimed at expanding bilateral cooperation. The documents were signed following talks between the presidents of Azerbaijan and Egypt in Baku. In particular, they signed memorandums of understanding: on cooperation in the field of water resources management; on cooperation between the

Swiss bank Cité Gestion, in cooperation with Taurus, has tokenised its shares, making it the first private bank to do so.