In the second quarter of 2023, the German economy stagnated, and before that it declined for two consecutive quarters. Among most economists, this dynamic is considered a sign of a recession. Meanwhile, the key index of business sentiment compiled by the Munich-based ifo Institute based on a survey of more than nine... Read more on Indexaco...2023-09-13 15:35:13
The world is moving toward green energy today, and copper is the clear "beneficiary" of this. Renewable energy sources (RES) - solar panels, wind turbines, electric cars, and chargers for them - are in dire need of this metal.
For example: about 40 million electric cars are expected to be commissioned by the e... Read more on Indexaco...2023-06-15 10:17:03
Changee is a modern exchange service that provides users with the best exchange rates for their cryptocurrency transactions. The platform's new rate selection system ensures that users get the best possible rate for their exchanges. The service is user-friendly and completely transparent, making it a popular choice ... Read more on Indexaco...2023-05-17 10:45:30
"History repeats itself" is a well-known expression, which is based on the hypothesis that the development of society is a cycle of certain events and phenomena, and that history, like economics, is characterized by cyclicity. Considering that history does not only record the heyday of empires, and that the cycle of... Read more on Indexaco...2022-10-18 11:56:16
OPEC+ is markedly reducing oil production - in fact, the exporting countries will pump about 1 million barrels less per day. We have written earlier on why this is so.
As a result, supply at the market has become lower, so prices have gone up and are approaching $100 per barrel again.What will the U.S. do ... Read more on Indexaco... 2022-10-11 09:05:39
Apple CEO Tim Cook said that the word "meta-universe" is still misunderstood by the vast majority of people in the world. That's why Apple is trying to avoid the term. The company has mentioned it once. But Meta (recognized as an extremist organization) has used the word "meta-universe" 36 times in its reports this ... Read more on Indexaco...2022-10-09 16:42:06
Credit Suisse and Lehman Brothers: will the Swiss bank repeat the story of 2008?
Swiss bank Credit Suisse is in trouble: its bonds have plummeted to a record low. In addition, the CDS value of these bonds has skyrocketed. This is a kind of "insurance" against default of the issuer, and the greater the market f... Read more on Indexaco...2022-10-05 08:31:16
In another interpretation, it is also called lovers' day. But, in the end, what difference does it make, the root is one - love! And love, as the poet said, all Forex is submissive! Did the poet say something wrong? Well, it's just that there was no forex back then, he would have corrected himself…
Have you ev... Read more on Indexaco...2022-07-19 16:39:33
Sri Lanka (an island nation in southern Asia) has literally run out of gasoline and diesel fuel. India will provide assistance. Fuel from neighbors will arrive in the country in mid-July.
India has been helping Sri Lanka for 3 months. During this time, 400,000 tons of fuel were shipped. For comparison, in the ... Read more on Indexaco...2022-07-05 09:21:11
The "pearl in the crown of Switzerland" and one of the richest banks in the country, Credit Suisse, is again at the center of a scandal: the company was fined 2 million francs for legalizing the proceeds from international cocaine trafficking.
As it turned out, the capital of the Bulgarian mafia was stored in ... Read more on Indexaco...2022-06-29 08:17:33
The Nasdaq Composite index has already lost more than 30% since the beginning of the year. And according to Alan Greenspan, the iconic chairman of the Fed, if the stock market falls by 30-40% in a few weeks or months, then it's a bubble.
So, what's in our yard? Maybe this is the dotcom 2.0 crisis?The Dotco... Read more on Indexaco... 2022-06-15 22:22:21
In 2019, the "sub-sanctioned" Iran began to increase oil supplies in circumvention of sanctions. Mostly tankers went to China and the Mediterranean: Syria and Turkey. And by the beginning of 2022, the fleet for transporting sanctioned Iranian and Venezuelan oil had tripled. It accounted for approximately 400 million... Read more on Indexaco...2022-06-09 12:33:30
Today, on June 9, Ethereum developers informed the community about the successful merger of the oldest Ethereum Ropsten test network using the Proof-of-Work algorithm with the Beacon test network using the Proof-of-Stake consensus algorithm, which was one of the final test steps before the full update of the Ethereu... Read more on Indexaco...2022-06-09 12:29:23
Duties on the import of solar cells have been canceled.
On Monday, President Biden declared a state of emergency in the United States. The reason is not a natural disaster, as one might think, but the threat of a shortage of electricity. It, in turn, is associated with a shortage of production capacity, accordi... Read more on Indexaco...2022-06-09 10:50:50
The governor of the Bank of England, Andrew Bailey, said that bitcoin is impractical as a means of payment. While cryptocurrencies are not being calculated massively. But today, large companies not only use blockchain, but also accept crypto as payment:Coca-Cola. In 2020, the corporation's Asia-Pacific division ... Read more on Indexaco... 2022-05-26 12:48:05
ECB Council member Pablo Hernandez de Cos believes that the EU economy will not reach the pre-pandemic level until the end of the second half of 2023.
The governor of the Spanish central bank has joined the chorus of ECB policymakers calling for the first rate hike in more than a decade to curb the highest inf... Read more on Indexaco...2022-05-18 16:16:33
Speaking at the Bitcoin 2022 conference in Miami, the president of the autonomous region of Madeira, Miguel Albuquerque, made several ambitious statements about the prospects of Bitcoin on the islands.
"I believe in the future and I believe in Bitcoin," Albuquerque said.
He recalled that de facto, Bitcoi... Read more on Indexaco...2022-05-18 16:13:48
On May 16, the Central Bank of Cuba will begin issuing licenses for the use of cryptocurrencies in economic activities. The authorities are going to allow the cryptocurrency because of the consequences of the coronacrisis and US sanctions, which have been destroying the country's economy for 60 years.Cuba is a "... Read more on Indexaco... 2022-05-02 16:40:15
The annual compensation of CEOs in the United States is breaking records, despite a shortage of workers and inflation. According to MyLogIQ (a provider of analytical products of the U.S. Securities and Exchange Commission), the median salary of executives from the S&P 500 companies reached $14.2 million last yea... Read more on Indexaco...2022-04-05 10:20:17
At the beginning of this year, the number of IPOs held in the United States dropped sharply. This is evidenced by the data provided by Dealogic. In January-March, only 22 initial public offerings of shares were held. Their total volume amounted to 2.3 billion dollars. In the same period of the previous year, 79 IPOs... Read more on Indexaco...2022-03-28 09:28:30