Gold prices rise above $2,500 per ounce for first time in history
The price of gold has risen to a record high. Demand for gold was driven by rising tensions in the Middle East and lower duties on gold imports to India.
finances in the world
Banks Association of Türkiye confirms problems with payments from Russia
The Banks Association of Türkiye received information and notified its member banks about the problems of exporters regarding payments with Russia
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
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
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
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
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 …
