Tag Archives: russia

The United Kingdom seized most of investors and traders’ attention. During London trading hours, the Financial Times suggested the Bank of England could delay the start of the quantitative tightening bond-selling program, sending the Pound up and adding pressure on the US dollar.However, the BOE quickly denied the news headline, …

Ukraine’s grain exports in the first 17 days of October were 2.4% lower than the same period in 2021, data from the Ukrainian Ministry of Agriculture showed on Monday, October 17, despite the closure of many seaports and the Russian invasion. The country’s grain exports have fallen since February after …

The International Monetary Fund has reduced its forecast for the global economy, but this time with a loud warning, claiming that “The worst is yet to come, and for many people 2023 will feel like a recession”. “More than a third of the global economy will contract this year or …

On Thursday, the Russian Foreign Ministry said it was “inconceivable” that the investigation of cracks in the Nord Stream 1 and 2 gas pipelines would be carried out without Russia’s participation. Foreign Ministry spokeswoman Maria Zakharova said the West had deliberately created obstacles to the investigation and said excluding Russia …

A Kremlin spokesman said on Thursday that the decision of the OPEC + group of major oil producers to cut production by two million barrels per day aims to stabilize the market. Spokesman Dmitry Peskov stated that by agreeing to the production cut, OPEC+ confirmed its credibility as an organization …

A Swedish Coast Guard spokeswoman said the coast guard discovered a fourth gas leak from the Nord Stream pipeline earlier this week. The European Union suspects that there is an act of sabotage behind the gas leakage from Russian pipelines that extend under the sea to Europe and has promised …

The Kremlin said on Tuesday it did not rule out sabotage as a cause of damage to the Nord Stream pipeline network built by Russia in the Baltic Sea. The pipeline operator said on Tuesday that three offshore lines had suffered “unprecedented” damage in a single day. Asked if sabotage …

Interviewed by Dubai TV, Mohammed Hashad, Head of Research and Development at Noor Capital and member of the American Association of Technical Analysts, shed light on the latest developments in the financial markets There was chaos in the currency markets, and we are talking now about the pound sterling at …

The Hungarian Foreign Minister said Friday that he met his Russian counterpart Sergei Lavrov in New York, where they discussed gas supplies and the construction of the Pax nuclear reactor being built by Russia’s Rosatom. Foreign Minister Peter Szijjarto said in a Facebook video after the meeting, which took place …

Recession seems inevitable as stubbornly high inflation plus the escalation of the war forced policymakers’ hands. Stocks fell, while US government bond yields soared to fresh multi-year highs.Major central banks announced monetary policy decisions following the US Fed’s meeting for September with the Bank of Japan firstly, on Thursday, deciding …