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... Read More
The Bank of England announced the largest volume of banks' borrowings through the long-term repo... Read More
The European Union is considering the possibility of imposing sanctions against China due to the... Read More
US indexes opened higher on Monday amid expectations that the upcoming Fed rate cut decision will... Read More
Turkey plans to enter the top 6 largest economies in Europe by the end of 2025 and take the 16th... Read More
According to trading data, global oil prices increased to almost 2% on Monday afternoon after a... Read More
The main factor for investors will be US inflation data, which may influence the Fed's rate... Read More
Disagreements between Donald Trump and the Federal Reserve have increased turbulence in the stock... Read More
The first deputy chairman of the National Bank of Belarus, Alexander Egorov, proposed to create a... Read More
The Saudi Arabian stock market, which has been under pressure since the beginning of the year, is... Read More
India does not intend to abandon the import of Russian oil, Finance Minister Nirmala Sitharaman... Read More
Economically, Denmark is already functioning as part of the eurozone, but for further integration... Read More
In pre-market trading on Friday, the securities of American solar energy manufacturers showed... Read More
The Ministry of Commerce of the People's Republic of China announced the introduction of... Read More
According to the EU statistical agency Eurostat, retail sales in the eurozone countries decreased... Read More
The Canadian government has announced a reduction in the marginal price of Russian oil from $60 to... Read More
The price of BTC is holding at $110,632 on Thursday morning, remaining sideways after the collapse... Read More
Goldman Sachs analysts predict that gold could soar to almost $5,000 per ounce if the Fed's... Read More
China has imposed new duties on fiber optic imports from the United States. At the same time, China... Read More
Russian President Vladimir Putin said that China continues to play a key role in the global... Read More
The price of gold has reached a record high amid expectations of an imminent rate cut in the United... Read More
On September 7, eight OPEC+ countries – Russia, Saudi Arabia, the United Arab Emirates, Iraq, K... Read More
Sarah Breeden, Deputy Governor of the Bank of England, said that stablecoins can become an... Read More
On September 3, the reduced price cap on Russian oil came into force, prohibiting EU and British... Read More
On Tuesday afternoon, the US dollar accelerated its growth in pairs with the euro, pound and yen... Read More
On Tuesday, global oil prices rose to 3% amid geopolitical risks and expectations of the OPEC+... Read More
Inflation in Turkey continues to slow down, and the economy is showing steady growth, President... Read More
The British pound weakened sharply on Tuesday amid concerns about the stability of government... Read More
Europe is still looking for ways to abandon Russian gas. Denmark has proposed to oblige gas... Read More
Emerging market stocks showed growth for the first time in five sessions: the MSCI EM index gained... Read More
Precious metals prices rose markedly on Monday, with gold reaching a four–month high and silver r... Read More