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World News

A collection of 792 issues

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

"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

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

Energy prices

The gas price in Europe momentarily fell below $850 per thousand cubic meters for the first time since February 22 However, the quotes immediately rebounded above $870. Now the prices for energy carriers on the European market are considerably lower because of the warm winter. It is expected that above-normal

Hackers hacked BitKeep cryptocurrency wallets and stole $8 million in assets

Allegedly, the malware download allowed attackers to withdraw about 4.3 thousand BNB, 5.4 million USDT, 196 thousand DAI and 1.2 thousand Ethereum. The project team promises to compensate users for losses, if it turns out that the loss of funds was the fault of the platform. The