European Central Bank seems not to have any concerns in December

Author: Andrew Andrew / November 30, 2022 16:07 / Economy

Yet, one-third of citizens find the rising cost of living to be the most important issue facing the EU.

Bank Crisis Ecb Economy Europe Ukraine invasion

EU struggles to find common ground over a proposed cap on Russian natural gas prices

Author: Andrew Andrew / November 30, 2022 03:20 / modified 30.11.2022 в 03:21 / Economy

The disagreement over the price cap "could jeopardize the bloc’s energy crisis response plan"

Crisis Energy European commission Gas Lng Prices

Bitcoin drops below $36,000 amid broader market sell-off

Author: Richard Richard / May 06, 2022 23:35 / Economy

Bitcoin broke below a key support level on Friday after a major stock sell-off in the U.S. Thursday spooked the cryptocurrency market and sent bitcoin tumbling about 10%. Bitcoin fell less than 1% Friday to $35,917.98, according to Coin Metrics. Ether slid 1.1% to $2,683.64.

Cryptocurrency Economy World

Rouble jumps to near two-year high

Author: Richard Richard / May 06, 2022 23:31 / Economy

The Russian rouble jumped Wednesday to around a two-year high against both the dollar and the euro, Reuters reported.

Economy Russia Russian ruble

Hungary ready to veto EU oil sanctions proposal

Author: Richard Richard / May 06, 2022 23:26 / Economy

Hungary's prime minister Viktor Orbán on Friday said the EU's proposed oil embargo is a red line for his country.

Economy Russia Russia-ukraine conflict Russia-ukraine crisis

The EU may refuse Russian gas only by 2025

Author: Richard Richard / May 06, 2022 23:24 / Economy

The EU can wean itself off Russian gas by 2025 without additional imports from other countries, a report from NGO Climate Action Network Europe found on Friday

Economy Gas Russian gas

Warren Buffett significantly increases Chevron bet

Author: Richard Richard / May 01, 2022 13:36 / Economy

Berkshire Hathaway added to its Chevron bet significantly during the first quarter, making the energy stock the conglomerate’s fourth biggest equity holding.

Economy

Treasury yields slump to start the week as fears of a Covid breakout in China grow

Author: Richard Richard / April 25, 2022 22:54 / Economy

U.S. Treasury yields slumped on Monday morning, as fears of a potential slowdown in global economic growth loomed.

Economy World

Investors around the world earned 12 lakh crores from Cryptocurrency

Author: Richard Richard / April 25, 2022 22:38 / Economy

Cryptocurrencies in the past few years has increased rapidly. Especially the youth have invested a lot in this currency. However, this investment medium is very risky. But the more risky it is, the more profit is also in it.

Cryptocurrency Economy

Twitter’s command may come in the hands of Elon Musk

Author: Richard Richard / April 25, 2022 22:29 / Economy

Tesla CEO Elon Musk held talks with Twitter’s board early Monday as part of his bid to buy social media platform Twitter. This news has come in the media. Musk said last week that he offered to buy Twitter for US$46.5 billion, after which he has been pressuring the company to make the deal. The Times quoted people with knowledge of the matter as saying that the two sides are discussing the relevant modalities in case an agreement is reached.

Economy World

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