Economics

Annual inflation in the U.S. rose to 7%, hinting at the need to raise rates in the spring

Consumer prices in the U.S. rose in December 2021 to the highest in almost 40 years, gradually cementing the foundation…

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Turkey has declared an economic witch hunt; what will be the consequences?

The government does not know what the valid reason for the devaluation is. However, the root cause is inflation, which,…

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Erdogan has promised to reduce inflation to 4% amid a record drop in the lira.

Turkish President Tayyip Erdogan said that he would reduce inflation to 4% against the background of the highest inflation rate…

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Oil dropped below $70 per barrel

Oil prices are declining as the rapid spread of omicron worsens the prospects for fuel demand. Oil prices fell by…

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The price of gold will be more stable in 2022

Wayne Gordon and Giovanni Staunovo, senior strategists at the investment office of the global finance company UBS Global Wealth Management;…

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The Brent oil market is stable after the release of the monthly OPEC report

Yesterday, Brent oil was in the range of $81.7-83.4/bbl. The focus remains on the situation in the United States, where…

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The high prices of oil pose a threat of creating anti-coalition

Tomorrow, November 4, an OPEC meeting will be held, at which the participating countries will discuss the current situation in…

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Rolls-Royce will stop producing petrol cars by 2030

On Wednesday, Rolls-Royce, the British manufacturer of vast and costly cars and SUVs with 12-cylinder engines, announced stopping selling gasoline-powered…

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Oil continues to rise in price on expectations of OPEC decision

According to trading data, world oil prices continue to increase on Monday evening, while traders expect OPEC to decide to…

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Critical level for gold and inflation forecast

Month, gold has grown by almost 60 dollars, exceeding the 200-day moving average and returning to above 1,800 dollars without…

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