Tag: economics of a country
Economy
Billions in losses for Uniper, Germany’s largest gas importer, in the first half of 2022
Germany's largest gas importer, Uniper, suffered losses of more than 12 billion euros in the first half of this year, more than half of...
Economy
Inflation in the UK has risen to its highest level since 1982.
The UK inflation rate jumped to 10.1 percent in July, reaching its highest level since February 1982, compared to an annualized rate of 9.4...
Economy
The Central Bank of the Russian Federation is considering the possibility of buying Turkish lira for investments in the Welfare Fund
The Central Bank of the Russian Federation said that it was "exploring the possibility of buying the Turkish lira to invest in the reserves...
Economy
Brazil’s central bank chief predicts credit cards will soon disappear
Brazilian Central Bank President Roberto Campos Neto indicated that he "believes that credit cards will soon stop working due to the growth of an...
Economy
China’s exports in July rose by 18% year on year.
Official Chinese customs data showed that "China's exports rose unexpectedly in July despite weak global demand," noting that "it rose 18 percent year-on-year from...
Economy
German Siemens says it cannot supply Nord Stream 1 turbine to Russia
“The turbine unit of the Nord Stream 1 gas pipeline has not yet been delivered to Russia,” Siemens Energy CEO Christian Brush said at...