Economist Fedyukovich predicted that countries will reject the dollar settlement in the next 10 years
The massive refusal of countries to use the US dollar for foreign settlements will occur within the next decade. Recently, trading in this…
Vedomosti: Ministry of Finance approved the final draft of the law on excess income tax
The Ministry of Finance of the Russian Federation approved the procedure for collecting a one-time fee from representatives of large Russian…
Izvestia: due to a decrease in subsidies by 1.5 billion, airlines began to cancel flights within the Russian Federation
Airlines began canceling flights within Russia due to reduced government support. The newspaper writes that for 2023, bypassing Moscow, the…
Experts: A prolonged US default could lead to a 6.1% drop in GDP
A prolonged default in the US could result in a 6.1% decline in the country’s GDP and the loss of 8.3 million jobs. It has been reported TASS…
Fed Chairman Powell says US banking system is resilient to FRB collapse
Federal Open Market Committee Chairman Jerome Powell said at a press conference after the Federal Open Market Committee meeting that the…
US Federal Reserve raises base rate by 25 percentage points to 5-5.25% per annum
The US Federal Reserve System (FRS) raised the base interest rate by 25 basis points to an annual level of 5-5.25%. The relevant decision,…
Novak comments on the drop in world oil prices
Russian Deputy Prime Minister Alexander Novak said that OPEC+ will evaluate the current decline in oil prices, which may be short-term. Words…
The Ministry of Economy announced that the funds from the sale of foreign assets will be used to build modular hotels
The Ministry of Economic Development will allocate 1.2 billion rubles from the sale of foreign assets for the construction of modular hotels.…
Former Mastercard CEO Ajay Banga elected president of the World Bank for five years
On Wednesday, May 3, the new head of the World Bank (WB) was Ajay Banga, the former head of Mastercard. It has been reported TASSReferring to…
CNN: Cuba’s fuel crisis is causing growing discontent among the country’s population
Due to a serious fuel crisis in the country, unrest began among the Cuban people. In this respect informs CNN channel. The publication noted…