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World News

A collection of 452 issues

COVID still hasn't receded: Biden administration extends state of emergency on virus - Bloomberg

According to the agency, the U.S. government will once again extend the public health emergency due to Covid-19. The measures involve providing millions of Americans with access to health insurance and telemedicine services. The Biden administration previously said it would give states 60 days' notice before the emergency

Bullard at the Fed: My baseline scenario is a soft landing of the U.S. economy

* Instead of stagflation, it is better to bet that growth will decline to trend and inflation will quickly return to normal. The labor market may cool down a bit, but still remain strong.

Eggs named as one of the causes of inflation in Turkey - Bloomberg

Rising food prices are a key factor in the underlying inflation in Turkey, which in June approached the annual rate of 80%. Antimonopoly agencies have already imposed a number of fines on chain stores, and now egg producers are under attack for doubling their prices. Turkish egg producers say they

Corn saves U.S. from food inflation

According to an updated report from the U.S. Department of Agriculture, the agriculture sector is expected to plant nearly 90 million acres this year. That's only slightly higher than the March estimate. The soybean crop forecast, in turn, fell 3% to 88.3 million acres. Corn futures

Russia's decision on the Sakhalin-2 project does not mean the end of LNG supplies - Japanese Prime Minister

Earlier Putin instructed to transfer the property of Sakhalin Energy into the ownership of the Russian Federation. The Russian Cabinet of Ministers will set up an LLC to which all rights and obligations of Sakhalin Energy Investment will be transferred.

London chose reputation over money of Russian oligarchs - Bloomberg

On the other side of the sanctions were connections with Russian money, which earned London the nicknames "London Town" and "London Laundry. Now, despite all the economic difficulties that have arisen, Britain refuses to receive "dividends" from wealthy Russians. Since the beginning of the Russian

Chinese electronics manufacturer Honor suspended shipments of devices to Russia - Kommersant

According to the publication's sources, Honor's shipments were reduced back in March. However, there has been no official statement from the manufacturer. According to the sources, the company wants to import the products into Russia through parallel imports.

Moody's said that Russia has defaulted on Eurobonds

Earlier the default was reported by Bloomberg agency. However, it is the rating agency that has to officially announce the default. Moody's has done this - Russia has officially defaulted. * In the IF Bonds TG-Channel we explained why Russia's default declaration is not critical for the

Lagarde confirmed her intention to raise the rate by 25 basis points in July, the size of the September rate hike will be larger, if necessary

ECB President Lagarde believes that ECB policy changes are already working in the economy. The ECB still expects positive growth rates, despite the supply shock hitting the economy, it could last longer. At the same time, inflationary pressures are intensifying and spreading through the domestic economy, the ECB must act

Gasoline is stolen and resold in the U.S. - Fox News

The number of gasoline thefts from gas stations in the United States, followed by the resale of fuel to consumers at lower prices on the Internet, is on the rise. "All this is very sad, because in this situation the owner of the gas station loses. You can literally