Ethiopian Prime Minister Abiy Ahmed on Tuesday inaugurated the Renaissance hydroelectric power plant (Hidase) on the Nile — the largest in Africa. The ceremony was broadcast on social media and was attended by the leaders of Kenya, Djibouti, Somalia and South Sudan.According to the minister, the launch of the HPP will not harm Egypt and Sudan, but on the contrary, will create new opportunities for economic integration.Construction of the $4.2 billion facility began in 2011. The station's capacit... Прочетете още
European Central Bank Governing Council member Peter Kazimir said, that the eurozone economy may... Прочетете още
The cost of palladium today set a new historical record, exceeding $2 thousand per troy ounce.The... Прочетете още
According to the IHS Markit, business activity in the UK economy declined for the second month in a... Прочетете още
This week U.S. President Republican Donald Trump is likely to become the third U.S. president faced... Прочетете още
The Chinese Ministry of Commerce said today that Beijing and Washington are in close contact on a... Прочетете още
According to the Labor Department, U.S. consumer prices increased solidly in November by 2.1%... Прочетете още
Oil prices continue to decline on Tuesday, as concerns over slowing demand outweighed optimism... Прочетете още
According to the Federal Statistical Office data, exports from Germany rose in October by 1.2%... Прочетете още
According to the US Department of Labor, US unemployment in November fell to 3.5%, the lowest level... Прочетете още
According to the report of the US Department of Labor, the number of Americans filing applications... Прочетете още
According to the press release from the analytical company Automatic Data Processing (ADP), U.S.... Прочетете още
U.S. President Donald Trump noted that he could postpone the signing of a trade agreement with... Прочетете още
According to a statement by representatives of the Ministry of Foreign Affairs of the People's... Прочетете още
According to preliminary estimates of European statistical agency Eurostat, annual inflation in 19... Прочетете още
After a drawdown amid the news about the hacking of the Upbit exchange, the price of bitcoin showed... Прочетете още
According to the press release from the US Department of Commerce, the US economy grew at a 2.1%... Прочетете още
According to trading data, world oil prices began to rise today amid optimism around the prospects... Прочетете още
Deputy Prime Minister Dmitry Kozak said that Russia’s Nord Stream-2 gas pipeline is expected to b... Прочетете още
On Wednesday, American futures fell after US President Donald Trump again threatened to increase... Прочетете още
Today world stocks reached two-year highs, as investors still believe that the US and China will be... Прочетете още
Morgan Stanley’s economists believe that a recovery in global growth will occur in the first q... Прочетете още
US industrial production fell 0.8% in October from the previous month. Analysts forecasted a... Прочетете още
The trade talks between US and China were again in limbo, as the parties still disagree on a number... Прочетете още
Yesterday in a speech to the Economic Club of New York US President Donald Trump announced the... Прочетете още
After more than 6 years of negotiations, a group of 15 Asia-Pacific countries is going to sign the... Прочетете още
Oman’s energy minister Mohammed bin Hamad al-Rumhy said today, that OPEC and non-OPEC producers w... Прочетете още
Gold prices continue to show the worst performance over the past two years, responding to positive... Прочетете още
The European Central Bank said in its economic bulletin, that the eurozone economy will continue to... Прочетете още
Market players are again thrilled by the news: China is insisting on the abolition of additional US... Прочетете още
Based on trading session data, the price of gold went up during the evening trading. The current... Прочетете още