Us democratic senators have asked the administration to impose sanctions on individuals and companies that, acting on behalf of Russia and other countries, seek to interfere in the upcoming presidential election. A letter of demand was sent to us Treasury…
German businessmen assessed the consequences of refusing to continue construction of the Russian gas pipeline “Nord stream-2”. Their words are reported by Tagesschau. According to estimates of the head of the German gas Association Zukunft Erdgas Timm Koehler, the amount…
Denmark’s largest Bank, Danske Bank, will pay customers for their deceived trust after their investments in investment products and strategies, positioned as low-risk, turned into losses, writes Bloomberg. Bente Nielsen, head of the private client service Department, said that about…
At the Tesla plant in Germany, the Model Y will be redesigned for Europeans. The redesign was announced by the company’s founder Elon Musk during a visit to the only European plant, Bloomberg reports. He clarified that the Model Y,…
Russia has significantly increased its foreign exchange reserves during the crisis caused by the coronavirus pandemic. They make the country invulnerable to Western sanctions, writes the German newspaper Die Welt. The Russian budget is filled with money, and the volume…
The most expensive company in the world in terms of market capitalization has again become Saudi Aramco, according to trading data on the Saudi Tadawul exchange and the new York stock exchange (NYSE). During the September 4 trading session, Apple’s…
Asian rich people have started hoarding cash to make deals when the coronavirus pandemic goes down. This is reported by Bloomberg. According to the head of DBS Group Holdings, Joseph POON, in recent months, customers have increased their money supply…
The Chinese yuan may become the third global reserve currency after the dollar and Euro in the next ten years. This is the conclusion reached by analysts at Morgan Stanley, writes CNBC. The growth of investment in the Chinese economy…
Chinese banks, including the world’s largest credit institution Industrial & Commercial Bank of China (ICBC), are facing a shortage of money and are going to borrow a record amount. Banks plan to issue $ 29 billion in bonds in September…
Ten of the richest American businessmen in the IT industry lost $ 44 billion due to the fall of stock exchanges, writes Bloomberg. Europe is looking for a way out of the worst crisis in recent history. The price of…