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World News

A collection of 368 issues

Work on a joint Argentine-Brazilian currency could start this week

Argentine Economy Minister Sergio Massa told Argentine journalists that work on the establishment of a joint Argentine-Brazilian currency will begin as soon as this week, according to the Argentine press. "There is a decision to start studying the parameters needed to create a common currency, this concerns everything from

World economic outlook assessed at Davos economic forum

WEF Davos ends with discussion on fragile global economic outlook The agenda of the World Economic Forum (WEF) in Davos this year was dictated by concerns about the "fragmentation" of the global economy. Kommersant writes about it. The publication notes that the forum ended with a discussion of

Silvergate reports $1bn loss

California-based cryptocurrency bank Silvergate has released its year-end report. It reported a recorded loss of $949 million, while Silvergate posted a net profit of $75.5 million in 2021. The company's shares fell 2.9% on this news. They have lost almost 90% of their value in the

Germany's finance minister says the country is no longer dependent on Russian energy

German Finance Minister Christian Lindner said in an interview that his country is no longer dependent on Russian energy resources. He said Germany had fully diversified its energy infrastructure and found other sources of imports since the Russian invasion of Ukraine, despite Russia cutting off gas taps to Europe. "

Cargo transportation between Ukraine and Romania almost doubled in 2022

In total, 3.3 million tons of cargo were transported between the countries last year. Cargo transportation between Ukraine and Romania almost doubled in 2022 NEWS14 views18 January 2023, 10:05Facebook0Twitter A total of 3.3 million tons of cargo was transported between the countries last year. In 2022, 3.

Ukraine resumes export of ammonium nitrate.

Despite the high price of nitrate on the domestic market and the decline in prices on the EU market, it is expected that in January the export of Ukrainian nitrate will resume. So far, over the past three months, we have seen only exports of limestone nitrate and urea. Exports

US estimates recession probability in 2023

American economists estimate the likelihood of recession in the United States at 61 percent in 2023, the Wall Street Journal wrote with reference to its own study, which was attended by 71 experts. It is noted that despite the decline in inflation in the United States, rising interest rates will

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.

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