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Uncounted by statisticians and invisible to tax collectors, about 30 million people plies its trade in the nooks and crannies of what’s become known as the “garage economy.” There, professions such as mechanics, builders, …
Struggling to cover a widening budget gap, Russia is selling its first Eurobond since being hit with international sanctions two years ago, with state bank VTB Capital as the sole organizer of the deal after the U.S. and European Union warned …
The ruble strengthened last night as a result of trading at the Moscow Stock Exchange. Thus, the dollar has fallen in price by 8 cents and reached 68.45 rubles. The euro has fallen by 31 …
Facebook founder Mark Zuckerberg became the fourth richest person in the world, according to the Bloomberg daily ranking of the world’s richest people. On February 2, Zuckerberg’s worth increased to …
In 2016 the dollar will continue to grow in relation to other world currencies, except the Canadian dollar, the British pound sterling and the Norwegian krone, experts of the agency Bloomberg predict. By their estimations, the …
The United States has carried out its first shipment of oil abroad after cancellation of a 40-year-embargo. According to Bloomberg, the US tanker Theo T is on its way from the port of Corpus …
Actions of speculators on the oil market may lead to prices falling to $15 a barrel, Bloomberg reports. These concerns relate to the fact that, in terms of increasing quotas for the'black gold' by the OPEC countries at the …
Experts interviewed by Bloomberg evaluated the possible impact of even lower oil prices than those observed at the moment on the Russian economy. They noted that a level of 22.5 dollars per barrel would be critical. If this is reached, …
The territory of the former Soviet Union and Asian countries may suffer the most because of the problems of the Russian ruble and the depreciation of the Chinese yuan, Bloomberg says. "While Azerbaijan and Georgia have …
