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Tesla CEO Elon Musk just reached an unprecedented levels of wealth, according to Forbes. Following the announcement that the rental car company Hertz was set to add a fleet of 100,000 Tesla vehicles, Tesla's stock …
The European Commission, on behalf of the EU, has today disbursed 600 million euro in macro-financial assistance (MFA) to Ukraine, according to the EC website. "This is the second and final tranche under Ukraine's current MFA …
Kazakhstan’s central bank delivered its third consecutive interest-rate hike as inflation accelerated in Central Asia’s largest energy producer. The National Bank raised the key rate by 25 basis points to 9.75%, it said in a …
Deputy U.S. Treasury Secretary Wally Adeyemo said he sees no situation where the Taliban movement (prohibited in Russia), who regained power in Afghanistan in August, would be allowed access to Afghan central bank reserves, which are largely …
Afghanistan’s electricity corporation, Da Afghanistan Breshna Sherkat (DABS), has requested $90 million from the United Nations Assistance Mission in Afghanistan (UNAMA) to close the country’s debt to foreign electricity supplies, a …
Russia’s labor market has generally regained pre-pandemic indices, Russian Minister of Labor and Social Protection Anton Kotyakov said on Thursday on the sidelines of the Eastern Economic Forum (EEF). "Russia’s Federal …
Georgian Prime Minister Irakli Garibashvili has announced that the government has decided not to take the second tranche of an EU loan as 'we are trying to reduce foreign debt'. "We took part of the loan in 2020. The …
Russia’s public debt increased by 1.48 trillion rubles for the first half of 2021 and amounted to 20.4 trillion rubles, the Accounts Chamber said in its report on execution of the federal budget for January-June 2021. …
Georgia has exported 19 tonnes of peaches and nectarines worth $17 million from May 1 to July 25, which is 6.3 tonnes more than in the same period of last year, the Ministry of Agriculture of Georgia announced. The ministry says …
Holders of Mir cards can use Apple Pay starting from Tuesday, according to press service of the payment system. Every Apple Pay transaction is secured by innovative iPhone technologies. Payment is available for iPhone and Apple Watch …
Bitcoin dropped below $30,000, breaking below a trading range that had held for the past four weeks and potentially setting up the largest cryptocurrency for deeper price declines. The cryptocurrency was trading around $29,998 at …
The European Union concluded that the U.K. owes it 47.5 billion euros ($56.2 billion) as part of the Brexit settlement, a higher figure than the U.K. had originally estimated. The EU assessment, which was published in a budget …
Russia is holding a leading position among the Group of Twenty (G20) countries in terms of budget stimulation, and the fiscal impetus in the country was 6.3% of GDP in 2020, Finance Minister Anton Siluanov said in the article posted in the …
The U.S. sanctions on a number of transactions with Russia’s sovereign debt, announced back in April, formally come into force on Monday. It concerns the next package of anti-Russian restrictions, the US administration announced …
Threats are coming from the U.S. with regard to the SWIFT interbank payment system, which could get tangled up in the anti-Russia "sanctions spiral," head of the Russian Foreign Ministry’s Department of Economic Cooperation (DEC) …
Boeing Co will pay $17 million in penalties under a Federal Aviation Administration settlement after it installed equipment on 759 Boeing 737 MAX and NG aircraft that contained sensors that were not approved, the FAA said on Thursday. …
Georgia and the U.S. have signed a grant agreement earlier today through which Georgia will receive $330 million via USAID over the course of five years to promote the country’s sustainable development, create jobs, strengthen …
Russian food retailer Magnit MGNT.MM has reached an agreement to acquire 100% of shares in the Dixy retail chain, including 2,651 of its stores in Moscow, St Petersburg and other regions, Magnit said on Tuesday. The deal price …
Work to complete the subsea Nord Stream 2 gas pipeline can go ahead in German waters, Germany’s federal maritime regulator BSH said on Monday. Two environmental groups had in January filed complaints with BSH against a move to …
Russia has a basis for creating an analogue of the SWIFT payment system, Russian Foreign Minister Sergei Lavrov said. "The basis [of an alternative to SWIFT] exists. And I am convinced that both the government and the Central Bank …
