Fed Board of Governors member Christopher Waller favors raising the key interest rate by 50 basis points at each meeting until inflation in the United States begins to decline. “I support tightening monetary policy by 50 basis points at several more meetings,” Waller said, speaking at an event in Frankfurt. – I wouldn’t rule out […]

In today’s trading, the euro is declining against the dollar after a sharp rise the day before on data on the acceleration of inflation in Germany. As of 9:27 Moscow time, the euro was at $1.0741 compared to $1.0779 at market close on Monday. During the previous session, the euro reached the maximum in 5 […]

The ban on the purchase of real estate in the EU by Russian citizens, considered earlier as one of the possible restrictive measures, has been excluded from the forthcoming new sanctions package, Bloomberg reported citing sources. “The measure to ban Russians from buying real estate in the EU has been removed from the next version […]

European Union leaders agreed on a partial ban on oil imports from Russia, and Sberbank will be disconnected from the SWIFT payment data exchange system – these and other important news for Tuesday morning, May 31, in our daily review. European Union leaders have agreed on a partial ban on oil imports from Russia; pipeline […]

“Gazprom” stopped supplying gas to the Netherlands because of the country’s refusal to pay in rubles, according to the company’s message in Telegram. Russian President Vladimir Putin had earlier instructed to transfer payment for gas in rubles from April 1. “Gazprom has completely stopped gas supplies to GasTerra B.V. (Netherlands) due to non-payment in rubles,” […]

McDonald’s restaurant chain has filed applications to Rospatent for registration of brands: “It’s him”, “Exactly him” and “Compass”, as well as applications for registration of three more new brands, reports the agency “Moscow” with reference to the documentation of the office. The applications for registration were filed on May 27. According to the agency, the […]

Two leading cryptocurrency companies, Ripple and FTX, said they are searching for lucrative acquisitions as the entire crypto industry hopes to fuel its growth by buying other companies, CNBC writes. Brett Harrison, president of cryptocurrency exchange FTX U.S., said he is looking for companies to help acquire more users and regulatory licenses for his exchange, […]

Iran has accumulated 43 kilograms of uranium enriched by 60%, thus adding almost 10 kilograms to the stockpile made earlier, Bloomberg reported yesterday, citing the IAEA quarterly report. “In the absence of restrictions, Iran has accumulated 43 kilograms of uranium enriched at 60% – an increase of 30% over the past three months,” the report […]

Consumer prices in the euro area in May 2022 increased by 8.1% in annualized terms, according to preliminary data from the Statistical Office of the European Union (Eurostat). This is the maximum indicator in the history of the introduction of calculations. In April, annual inflation in the eurozone was 7.4%. Analysts surveyed by Trading Economics, […]

The average daily production of oil with condensate in Russia at the end of 30 days of May amounted to 1389.9 thousand tons, which is 1.1% more than the level of April, a source familiar with the statistics data told Interfax. At the same time, oil companies increased production by 3% against the April level […]

Tinkoff Bank plans to increase commissions on SWIFT-transfers from June 6, the bank said in its official Telegram channel. Earlier, announcing these changes, the credit organization noted that SWIFT transfers are becoming more complex, requiring many new procedures from the bank. From June 6, the commission of Tinkoff Bank will be 1% of the amount […]

Stock indices of the largest states of the Asia-Pacific region do not show unified dynamics. The Japanese market is supported by the easing of anti-Kovid restrictions, which step by step move the country towards full opening, experts say. Since Wednesday, Japan has doubled the daily limit on the number of people entering the country – […]

The US-based Citigroup, which had planned to leave Russia, admits the possibility of maintaining its presence in Russia, but on a smaller scale, the FT and Reuters reported, citing the group’s CEO Jane Fraser. Citi, which last year announced plans to pull out of retail banking in Russia, has said it intends to wind down […]

Britain and the European Union have agreed a coordinated ban on insurance for ships carrying Russian oil, the Financial Times newspaper reported, citing sources. “According to British and European officials, the UK and the EU have agreed a coordinated ban on insuring ships that carry Russian oil,” the report said. Thus, the sources said, the […]

US Treasury Secretary Janet Yellen has admitted she was “wrong” last year when she suggested that US inflation would not be a long-term problem. “I was wrong about the trajectory of inflation,” Yellen told CNN. “There have been unforeseen and significant economic shocks that have triggered higher energy and food prices and supply disruptions that […]

Oil prices are rising in trading on Wednesday after declining in the previous trading session amid reports of new sanctions against Russia and the prospect of suspending its participation in the OPEC+ deal. European Union countries on Tuesday night agreed on a sixth package of sanctions against Russia, which includes an embargo on imports of […]

The Biden administration is not sure about the idea of confiscating Russia’s frozen international reserves, and the UK supported a ban on insurance for ships carrying Russian oil – these and other important news for Wednesday morning, June 1, in our daily review. U.S. President Joe Biden’s administration is questioning the idea of confiscating the […]

The Russian stock market started trading in the red zone amid mixed signals from external trading platforms, the continuing negative reaction to new EU anti-Russian sanctions and the entry into force of the Central Bank’s decision to lift the ban on opening new short positions. American stock indices declined by 0.4-0.7% yesterday. Among the factors […]