The Monetary Policy Committee of the Bank of England decided to increase, for the third consecutive time, the reference interest rate for operations by 25 basis points, going to 0.75 %. The decision was approved with votes in favor against one who preferred to keep the price of money at the previous…
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Ukraine
Ukraine assesses its losses at $ 565 million
The Prime Minister of Ukraine, Denis Shmygal, determined that the losses due to Russian aggression against Ukraine are valued at 565,000 million dollars, for which he has asked to strengthen sanctions against Russia after a meeting with his…
War conflict between Russia and Ukraine disturbs oil market
The economist and oil expert Rafael Quiroz considers that the war between Russia and Ukraine is of a political nature, however, its effects disturb the oil market, particularly in the increase in the price of crude oil, because for the…
Russians seek to convert their assets into cryptocurrencies
Several reports assure that some millionaires from Russia would be heading to the United Arab Emirates in order to be able to liquidate their assets in cryptocurrencies.
Given the situation between Russia and Ukraine, added to the number…
Biden banned the import of Russian products
The president of the United States, Joe Biden, prohibited the import of a series of Russian products, such as cereals, vodka or caviar, and restricted trade relations with Moscow as part of a new package of sanctions in response to the…
Joe Biden could sign executive order on cryptocurrencies
US President Joe Biden will probably sign a long-awaited executive order during the week aimed at promoting the regulation of cryptocurrencies in the country, according to information published by specialized sources.
The information from…
McDonald’s and Starbucks suspend operations in Russia
The large American chains McDonald's, Starbucks or Yum! Brands, owner of KFC and Pizza Hut restaurants, announced the temporary closure and suspension of activity of its stores in Russia in reaction to the invasion of Ukraine.
The…
Oil price could hit $300
Given the ban by the United States on the import of oil and gas from Russia, the latter warned that the price of crude oil could reach 300 dollars per barrel.
This was indicated by the Russian Deputy Prime Minister, Alexander Nóvak, who…
Biden blocks import of oil and gas from Russia
The president of the United States, Joe Biden, announced a ban on the import of oil, gas and coal from Russia, assuming that there may be other allies who, like the Europeans, cannot yet take such a big measure.
"We will not subsidize…
Coinbase announces blocking of 25,000 Russian wallets
The Coinbase platform announced the blocking of some 25,000 cryptocurrency wallets related to Russian individuals and entities that would be involved in illicit activities.
As indicated by the cryptocurrency exchange, the objective of this…
EU will have 200,000 million euros for digitization projects
The European Union reached an agreement to mobilize close to 20,000 million euros that will be used to invest in renewable and digitization projects in the Member States, as part of the stimulus package to speed up the recovery from the…
Oil reaches its highest price in the last 14 years
The price ofBrent quality oil, a reference for Europe, reached the verge of 140 dollars, close to the historical maximums registered in 2008, after soaring almost 20 % at the beginning of the session due to fears that the United States may…