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World and Russian economy. Global and American business trends. Exchange innovations, review of quotations, indices and trades. News from all industrial sectors of the USA and Great Britain. New technologies, exhibitions and tenders.

ECB signals a ‘plausible’ June rate cut as European equities hit record highs

ECB signals a ‘plausible’ June rate cut as European equities hit record highs

The monetary policy accounts of the latest European Central Bank’s meeting in April indicated that the Governing Council finds it…
Banking on fossil fuels? That’s a one-way ticket to global economic meltdown

Banking on fossil fuels? That’s a one-way ticket to global economic meltdown

This month, as banks gather for their AGMs, they face an important decision. While it’s not a surprise to see…
Inflation rate in Hungary edges up slightly to 3.7% in April

Inflation rate in Hungary edges up slightly to 3.7% in April

Prices in Hungary picked up slightly in April, after declining for more than a year; the annual inflation was 3.7%…
How Europe’s most vulnerable are hindered from opening bank accounts 

How Europe’s most vulnerable are hindered from opening bank accounts 

In Romania, around three out of ten people over 15 did not own a bank account in 2021, while in…
IAG profits soar in first quarter as tourists return to the skies

IAG profits soar in first quarter as tourists return to the skies

International Consolidated Airlines Group (IAG) released its first quarter 2024 results on Friday morning, showing an operational profit before exceptional…
Argentina grinds to a halt as unions launch strike against Milei reforms

Argentina grinds to a halt as unions launch strike against Milei reforms

Shops, airports, banks, schools and other services remained closed in Argentina on Thursday as part of a 24-hour strike. Workers…
UK shakes off recession with 0.6% GDP growth in first quarter

UK shakes off recession with 0.6% GDP growth in first quarter

The UK economy grew by 0.6% in the first three months of this year, according to figures released by the…
Weekly markets round-up: Optimism high on rate cut hopes

Weekly markets round-up: Optimism high on rate cut hopes

European stock markets are poised for a positive weekly close with the FTSE 100 repeatedly refreshing new highs, amid growing…
European companies in China finding it harder to make money as growth slows

European companies in China finding it harder to make money as growth slows

Instead of benefitting from the strong economic rebound that many had expected, European firms operating in China found themselves facing…
Plea for restrained spending as global debt hits record high

Plea for restrained spending as global debt hits record high

Global debt rose by around $1.3 trillion (€1.2 trillion) in the first three months of this year, reaching a new…
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