Ruble fell sharply due to impending sanctions

05.03.2021
New sanctions against Russia being prepared by Great Britain and the United States have collapsed the ruble during evening and night trading on the Forex market. By the morning of March 5, the Russian currency...
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Bitcoin can cost $1 million soon

05.03.2021
The CEO of the Kraken crypto exchange Jesse Powell prophesied that Bitcoin can rise in price up to a million dollars in the next decade. “It will grow to the moon, to Mars and eventually...
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Oil demand may return

05.03.2021
Russian Vice Prime Minister Novak evaluated the prospects for the return of oil demand during a press conference following the OPEC+ meeting. “We are closely monitoring key market trends and are cautiously optimistic that the...
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Severe unemployment is coming in Europe

04.03.2021
A big spike in long-term ("stagnant") unemployment may happen in the euro area in 2021. Its growth is projected to be 38 percent compared to the level which was before the pandemic (from 4.8 million...
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Russian currency will be weakened by the Ministry of Finance

04.03.2021
The Russian Ministry of Finance will almost triple daily purchases of foreign currency from March 5. By April 6, the department will acquire foreign currency totaling 148.1 billion rubles (two billion dollars). A message about...
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