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British pound supported by the optimism about Brexit

October 24, 2017 1:12 pmComments Off on British pound supported by the optimism about Brexit
British pound supported by the optimism about Brexit

The British pound was supported by the optimism about Brexit expressed by the Prime Minister Theresa May. The GBP rose to against the USD to 1.3200, while against the EUR accelerated by 0.25%. Earlier the UK Prime Minister Theresa May said that she was ambitious and positive about the future of the country and that the current Brexit talks have been conducted in a constructive tone. The market participants seem […]

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Saudi leading investor joined the critics of Bitcoin and crypto-currencies

12:51 pmComments Off on Saudi leading investor joined the critics of Bitcoin and crypto-currencies
Saudi leading investor joined the critics of Bitcoin and crypto-currencies

Saudi prince Al-Waleed bin Talal joined the critics of Bitcoin and crypto-currencies, comparing it with the Enron affair. “I just do not believe in this thing Bitcoin. I think it’ll just blow out one day. I think it’s Enron affair in action”, said Al-Waleed bin Talal. “It just does not make sense, it’s not regulated, it’s out of control, it’s not under the supervision of any central bank”, added he. […]

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German economic growth remained at a high level in Q3 2017

12:28 pmComments Off on German economic growth remained at a high level in Q3 2017
German economic growth remained at a high level in Q3 2017

German economic growth remained at a high level in Q3 2017, boosted by industrial procurement, which overshadowed the weakening activity in construction and private consumption. “The industry, backed by rising demand for export goods, is likely to keep its role as a major pillar of the strong economy”, says the monthly report of the German central bank Bundesbank. “The situation with the orders of the industrial companies is excellent”, added […]

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European countries’ government debt declines in 2016

October 23, 2017 12:01 pmComments Off on European countries’ government debt declines in 2016
European countries’ government debt declines in 2016

The government debt for the Eurozone and the European Union (EU) as a whole declines on an annual basis in 2016. The debt-to-GDP ratio in the single currency area fell from 89.9% at the end of 2015 to 88.9% at the end of last year, while in the EU decrease is from 84.5% to 83.2%. The EU’s statistical agency includes data on government deficits, and it is also declining for […]

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Gazprom and Turkish Ministry of Energy discuss the second pipeline of Turkish Stream

10:05 amComments Off on Gazprom and Turkish Ministry of Energy discuss the second pipeline of Turkish Stream
Gazprom and Turkish Ministry of Energy discuss the second pipeline of Turkish Stream

Gazprom and the Turkish Ministry of Energy will agree on the route of second pipeline of Turkish Stream by the end of 2017, according to the Russian Energy Minister Alexander Novak. During a forum in Tatarstan, he explained that talks with the Turkish side are underway and an agreement is expected within a few months. The Russian company began construction of the Turkish Stream pipeline on the Black Sea bottom […]

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