Economy

Fighting Nord Stream 2: Washington has taken a step back

Fighting Nord Stream 2: Washington has taken a step back

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Fighting Nord Stream 2: Washington has taken a step back
A new bill has been introduced in the House of representatives of the US Congress called “on clarifying the law on protecting the energy security of Europe”, aimed at the Nord Stream 2 gas pipeline

Economy

The COVID-19 pandemic will bring tens of millions of people to extreme poverty

The COVID-19 pandemic will bring tens of millions of people to extreme poverty

275

The COVID-19 pandemic will bring tens of millions of people to extreme poverty
The coronavirus pandemic hit the global economy badly — 60 million people could end up in extreme poverty. This statement was made by World Bank President David Malpass.

Economy

Germany approved a €130 billion rescue package for the economy

Germany approved a €130 billion rescue package for the economy

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Germany approved a €130 billion rescue package for the economy
The program provides for temporary VAT reductions, material assistance for children, and billions for transport infrastructure.

Economy

Oil prices fell below $34

Oil prices fell below $34

154

Oil prices fell below $34
The price of oil is falling for the second day in a row on data on the growth of stocks in the USA, as well as the situation around Hong Kong.

Economy

A new round of oil war between Russia and Saudi Arabia is predicted

A new round of oil war between Russia and Saudi Arabia is predicted

237

A new round of oil war between Russia and Saudi Arabia is predicted
With the increase in oil prices to the level of 50-55 dollars per barrel, a new round of price war may begin between Russia and Saudi Arabia. At present, a pause has been taken in the confrontation

Economy

The US began unprecedented problems with public debt

The US began unprecedented problems with public debt

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The US began unprecedented problems with public debt
Foreign investors in March got rid of US government bonds for $ 256 billion. Securities were sold by both private investors and central banks around the world...

Economy

US Treasury lends four trillion dollars

US Treasury lends four trillion dollars

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US Treasury lends four trillion dollars
The funds are intended to finance programs adopted by the White House to overcome the coronavirus crisis in the US economy, including support for businesses and employees.