Economics

The shares of the American bank rescued in March collapsed by more than 25%

In the first quarter of 2023, deposits of First Republic Bank customers decreased by 41% to $104.5 billion, while the…

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Brent crude oil fell below $80 for the first time since March

Oil is declining as traders assess the risk of recession and compare it with data on stocks in the U.S.…

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Oil continues to rise in price on expectations of OPEC decision

According to trading data, world oil prices continue to increase on Monday evening, while traders expect OPEC to decide to…

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For the first time in all future scenarios, the IEA expects a drop in oil demand

The International Energy Agency (IEA) sees a decline in oil demand by the middle of the century under any scenario…

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The Chinese company presented a prototype of an innovative robot car.

The prototype of the innovative robot car, which lacks a steering wheel and pedals, was unveiled by Chinese tech company…

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Pressure on the yuan is growing amid the Evergrande crisis; commodity currencies are growing after oil

The yuan in the offshore market is trading near a one-month low on Tuesday, while safe-haven currencies are rising as…

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Coke and coal in China have risen in price on record due to supply worries

On Monday, prices for coking coal and coke in China jumped by about 9% and updated historical highs amid ongoing…

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For the first time since 2018, Brent crude oil price rose above $ 82 per barrel

The cost of North Sea oil rose to a new high in almost three years. At the high of the…

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Oil dropped below $70 per barrel

Oil prices are declining as the rapid spread of omicron worsens the prospects for fuel demand. Oil prices fell by…

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Annual inflation in the U.S. rose to 7%, hinting at the need to raise rates in the spring

Consumer prices in the U.S. rose in December 2021 to the highest in almost 40 years, gradually cementing the foundation…

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