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Latvian Saeima passes amendments allowing confiscated cars from drunk drivers to
be handed over to Ukrainian government - media
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World News
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Europe's most troubled economy named
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
Unemployment in Canada held steady at 5% in January
Canada's unemployment rate in January 2023 was 5%, the same as in December,
Statistics Canada data showed. The figure is 0.1pc higher than the record low of
4.9% recorded in June and July.
The number of people employed in the Canadian economy rose by 150,000,
China has increased its purchases of Russian oil
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
National Bank of Moldova cuts base rate to 17%
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
Kuwait Petroleum chief notes oil demand recovery in China
Oil consumption in China, the world's largest oil importer, has rebounded
sharply after the lifting of anti-cookie measures. Sheikh Nawaf al-Sabah, CEO of
Kuwait Petroleum Corp, said.
"An accumulated demand has built up during the pandemic," he told Bloomberg TV.
- Now that (China's)
Tesla records $140 million loss in BTC
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
European economy avoids recession
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 sign package of documents aimed at expanding cooperation
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 tokenises its own shares
Swiss bank Cité Gestion, in cooperation with Taurus, has tokenised its shares,
making it the first private bank to do so.