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Central Bank Sees Inflation in Russia Cool and Keeps Interest Rates the Same
The Russian central bank has kept the key interest rate in the country unchanged at 7.5 percent. According to the central bank, inflation appears to be slowing and will reach between 12 and 13 percent by the end of this year.
After…
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Turkey Raises Inflation Forecast to More Than 65 Percent
Turkey's central bank has significantly raised its inflation forecast due to the higher cost of energy and other products that Turkey has to import. Central Bank Governor Sahap Kavcioglu now thinks inflation will be around 65.2 percent by…
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European Commission Proposes Approach to Air and Water Pollution
The European Commission wants further to reduce air and water pollution in the EU. Stricter rules are needed for ambient air, surface and groundwater pollutants and urban waste water treatment.
“In 2050, we want an environment…
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Reuters: Activist Peltz Talks to Candidates for Top Job Unilever
Activist shareholder and billionaire Nelson Peltz has held talks with two potential candidates to succeed Unilever CEO Alan Jope. This is reported by the Reuters news agency, citing sources.
In September, it was announced that Jope…
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How to Handle the Options Market’s Challenges in Singapore
Options trading is a type of trading that allows investors to speculate on the direction of an underlying asset's price without having to purchase the asset itself. Options trading is a popular choice for many investors because it offers…
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Tesla has to Cut Prices in China Due to Fierce Competition
The American Tesla has been forced to lower its prices in China as a result of fiercer competition. The prices of electric cars have been cut by about 5 percent, the group announced. China is one of the most important markets for Tesla.…
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Japanese Yen Continues to Fall, Not This Low Since 1990
It will take 150 Japanese yen on Thursday to buy one US dollar. The Japanese currency has not been this cheap since 1990. Since the beginning of this year, the yen has already lost more than 30 percent of its value against the dollar.…
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Erdogan and Putin Want to Make Turkey a Gas Hub
Turkish President Recep Tayyip Erdogan has agreed with his Russian counterpart Vladimir Putin to set up a natural gas hub in Turkey. The intention is that Europe can buy gas through this route, Erdogan told members of his AK party in the…
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