The US plans to return world oil markets to the state of the 1980s, when the Soviet Union suffered due to the low cost of „black gold”, Biden’s visit to the Middle East may...
Read More
1 Minute
1 Minute
Saudi Arabia is ready to increase oil production to a maximum mark
Saudi Arabia can increase oil production to 13 million barrels per day from the current 10 million, after which the country’s ability to increase hydrocarbon production will be exhausted, Crown Prince Mohammed bin Salman...
Read More
1 Minute
China ridiculed Biden’s sanctions policy
The United States, due to rising fuel and food prices, surrendered and softened anti-Russian sanctions. This is written by the Chinese portal „Guancha” . Earlier, the US Treasury issued a license allowing the purchase...
Read More
2 Minutes
Named ways to spend fallen on Russia „crazy” money
A huge current account surplus – 3.5 times more than a year ago – opens up very bright prospects for Russia . „Dutch disease”, which countries are afraid of in such cases, does not...
Read More
0 Minutes
Bloomberg: Draghi is determined to quit as Italy’s PM
Bloomberg is reporting that Italy’s PM Draghi is determined to quit. He will give it another shot next week. This week after getting through a vote of confidence without the support of the 5-Star...
Read More
1 Minute
New car sales in Europe fall to 1996 low
European car sales posted their worst June in decades due to supply issues. Sales registrations fell 17% across the region; VW reports 20% cut Automakers have registered the lowest number of new vehicles in the European...
Read More
1 Minute
Burberry sales up 1% in Q1 due to lockdowns in China
One of the world’s leading manufacturers of luxury goods Burberry Group Plc in the first financial quarter, which ended on July 2, increased like-for-like sales by only 1% due to lockdowns in China. Burberry...
Read More
1 Minute
The Central Bank proposed to change the criteria for classifying companies as small and medium-sized enterprises
The Bank of Russia has proposed to revise the criteria for classifying companies as small and medium-sized enterprises (SMEs), the regulator said in a statement. According to the Central Bank, at the moment the...
Read More
1 Minute
It was proposed to transfer the allocation of forest plots for investment projects to the federal level
The Ministry of Natural Resources reported that it had prepared a draft law, according to which the powers to provide forest plots for timber harvesting for the implementation of priority investment projects are transferred...
Read More
1 Minute
From August 1, the export duty on oil will decrease by $2.2, to $53 per ton
From August 1, 2022, the export duty on oil in the Russian Federation will decrease by $2.2 – to $53 from $55.2 per ton in July, according to materials on the website of the...
Read More