Stock indices retreated
US stock indexes declined moderately on Monday, retreating from record highs reached late last week. Investors are weighing the risks associated with the continued rise in COVID-19 infection...
Indices hit record highs
US stock indices jumped to record highs in trading on Friday, ending the first working week of 2021 on the plus side. Investors all but ignored the political tensions in Washington in recent days, focusing on the prospect of...
Removal from power
US Vice President Michael Pence has not ruled out that he may invoke the 25th Amendment to the Constitution, which allows the removal of incumbent President Donald Trump from power. This was reported by CNN, ci...
Chinese service providers
For the USA it has been an eventful week domestically, but the vector of foreign trade policy has not changed. The New York Stock Exchange (NYSE) still decided to stop trading in the securities of three Chinese telecom oper...
Duties on spirits
US President Donald Trump's administration has announced that it will impose new duties of 25% on wine and spirits from France and Germany, starting on 12 January. This includes the first time duties w...
Vote on payments postponed
Republicans in the US Senate blocked a bill passed by the House of Representatives (HOR) to increase payments to Americans from six hundred to two thousand dollars. It is about personal a...
US stockpile cuts and oil price rises
Oil rose on Wednesday as hopes of US stimulus and a reduction in US inventories supported prices.
Brent crude futures rose 0.18 per cent to $51.18 a barrel, while WTI added 0.33 per cent to $48.16 a barrel.
Oi...
Handing out money
The US House of Representatives (HOR) has approved the idea of handing out two thousand dollars each to Americans, with a majority voting in favour of the initiative to increase direct payments to citizens as part of a na...
APAC stocks
Asia-Pacific (APAC) stock indexes are mostly higher in trading on Monday after US President Donald Trump signed the country's $2.3 trillion fiscal year 2021 budget, which includes a $900 billion pandemic economic support package.
At the...
Stock indices
US stock indices S&P 500 and Dow Jones rose on Wednesday thanks to better-than-expected US jobless claims data and expectations of new stimulus.
Cyclical stocks, which have been hit hardest by the coronavirus restriction...
Draft military budget
Members of the U.S. House of Representatives supported the Defense Budget Bill for Fiscal Year 2021 by a majority vote, The Washington Post reports.
In a vote, 335 congressmen supported the bill and 78 voted against it. A simi...
The rise in the oil price stopped
On Friday, oil prices continued to rise, but by this morning the information background had noticeably deteriorated.
Weekly statistics from Baker Hughes continue to point to increased drilling activity in the US. L...
New law
The US House of Representatives has passed a new law according to which companies may be excluded from the US stock exchanges if the regulatory authorities are unable to verify their financial audit.
This week the US House of Representative...
What to expect from the new US Treasury (UST) Secretary
Janet Yellen, former chairman of the Fed, may take over as finance minister after Joe Biden takes over as president. Political experts say that her policy on the US-China trade partnership...
America and Chinese goods
Joe Biden does not plan to waive the current $200 billion increase in duties on Chinese goods in the near future. The newly elected US President intends to review the Phase 1 trade agreement and develop ...
Rebounding cooperation with the USA
The EU is seeking a new alliance with the United States following the resignation of President Donald Trump, as well as to respond to Chinese challenges, the Financial Times reported.
The newspaper refers to a dr...
The Pennsylvania Court has decided
The Supreme Court of Pennsylvania overturned a lower court decision to suspend the confirmation of the election results. The reason for this was the expiry of the time period within which the st...
Fighting for a part of the market
Chinese competitors of Huawei Technologies as well as Xiaomi, Vivo and Oppo are trying to gain market share from a large company. After the tougher US sanctions have broken Huawei's supply chain.
Last week, Huawei ...
Risky currencies are growing
Risk-sensitive currencies are strengthening on Tuesday after incumbent US President Donald Trump agreed to begin the transfer of power to President-elect Joe Biden, and with the expected appointment of Janet Yellen as Fi...
This weekend to host an online meeting of the G20 countries via videoconference. Saudi Arabia will preside until the end of November, according to the established sequence.
This weekend's agenda includes assistance to the weakest economies, the supp...
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