finances in the world

Switzerland expects oil price to rise to $110 per barrel

Switzerland expects oil price to rise to $110 per barrel

According to the forecast of the Swiss bank UBS Group AG, this year, oil prices will go up due to the continued underinvestment of the oil industry and the significant growth of the Chinese economy. The bank's analysts expect Brent …

Russia disconnected from SWIFT

Russia disconnected from SWIFT

Western countries have agreed to disconnect Russia from the interbank system for transferring information and payments SWIFT. At the first stage, only banks under new Western sanctions will be disconnected from the system, including Sberbank, …

Erdogan promises to stabilize prices in six months

Erdogan promises to stabilize prices in six months

Turkish President Recep Tayyip Erdogan addressed the nation today at the opening of industrial facilities in Siirt province. The Turkish leader urged citizens to trust the authorities since Ankara's goal is to improve the life of the …

US to spend $ 38 billion on Israel in 10 years

US to spend $ 38 billion on Israel in 10 years

A separate law on multi-year financing of Israel’s defense for $ 38 billion was recently passed by the US Congress. Its development was motivated by the need to protect military aid to Tel Aviv, regardless of what the future Congresses and …

IMF: world economy on verge of collapse

IMF: world economy on verge of collapse

The International Monetary Fund warns that the risk of economic collapse is increasing, so we need to take immediate measures to stimulate demand. The International Monetary Fund's first deputy managing director, David …