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Increase in global balances // IMF predicts growth in global surpluses and deficits

Rising energy prices and the conflict in Ukraine will further increase the global current account balance this year to $3.9 trillion (3.8% of global GDP), according to a new report from the International Monetary Fund (IMF). An excess...

Every third person tried to become an entrepreneur // Monitoring of business activity

Survey data from Ipsos, a market research firm, shows an increase in entrepreneurial activity around the world. One third of respondents (a total of 21,000 people surveyed in 26 countries) reported having entrepreneurial experience. The same number...

The US Ambassador to the UN warned African countries against buying anything other than grain and fertilizer from Russia

US Ambassador to the UN Linda Thomas-Greenfield made a tour of African countries, where, among other things, she warned them against buying anything other than grain and fertilizer from Russia, threatening them with secondary sanctions. ...

The Ambassador of China declared the disagreement of the majority of countries with sanctions against the Russian Federation

Most countries do not support the actions of the West in relation to Ukraine and do not join the anti-Russian sanctions. This was announced on Friday, August 5, by Chinese Ambassador to France Liu Shaye. “In the context of...

Putin restricted transactions of foreigners from unfriendly countries in the fuel and energy sector and finance

Russian President Vladimir Putin signed a decree "On the application of special economic measures in the financial and fuel and energy sectors." The decree prohibits until December 31, 2022 transactions with shares and shares of Russian strategic companies...

The ECB assessed the impact of sanctions on Russian imports // Foreign Trade Monitoring

A new edition of the Economic Bulletin of the European Central Bank (ECB) analyzes changes in trade supplies from Russia since the start of the Russian military operation in Ukraine. Energy and agri-food flows are tracked by ECB...

Everything that does not prohibit us is allowed // The Bank of Russia explained to the financial markets how it sees their medium-term future

The Bank of Russia published for public discussion the report “Financial Market: New Challenges in Modern Conditions”. The main proposed new ideas: the financial sector does not yet need state support, if it is needed, the market itself...

Scientific progress does not always correlate with technical progress // Monitoring of technologies

At the end of 2021, Russia ranks 38th in the ranking of countries in terms of total investment in high-tech companies ($ 0.8 billion, only organizations registered in the Russian Federation are taken into account in calculations). The...

Bottom promises to be less deep // Economists improve estimates for CIS+ economies

Despite the deterioration in estimates of overall global economic growth this year, macroeconomic forecasts for the countries of the CIS+ region are improving. The decline in GDP, according to analysts surveyed by Focus Economics, is still expected in...

Gas triggered nuclear reaction // Energy crisis could delay nuclear and coal phase-out

Rising global prices for fossil fuels will increase the costs of European households in 2022 by an average of 7%, experts from the International Monetary Fund (IMF) have calculated. In May, energy inflation accounted for up to half...
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The US Congress criticized the supply of weapons to Kyiv

Arms supplies to Ukraine are fraudulent. This was announced on August 6 by a member of the US...
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