Economic news

The Association of Aviation Lessors of Ireland announced the termination of all lease agreements with airlines of the Russian Federation. This decision was made in accordance with the EU sanctions imposed against Russia, whose troops invaded the territory of Ukraine. This is reported by Reuters. Such agreements have been terminated by all Irish aircraft leasing […]

As of 11.43 am Moscow time, the DAX and САС 40 indices rose by 1.36% and 1.72%, respectively. The FTSE index rose 0.87%. The main European index Stoxx Europe 600 showed an increase of 1.1%. Food delivery operators have become leaders in terms of share price growth among the companies included in this index. The […]

The GfK company conducted a sentiment survey among german consumers. Its results showed a decline in consumer confidence in the economy in April. The corresponding index fell by 7 points and amounted to minus 15.5 points. Analysts predicted a decline in this indicator by 5.5 points to minus 14 points. Other indices also showed negative […]

The American electric car manufacturer Tesla has announced the suspension of production at the plant in Shanghai. The reason for the temporary shutdown of the enterprise is the stringent measures introduced in the eastern districts of the city to curb the spread of coronavirus. Local authorities have ordered residents of these areas not to leave […]

Dutch beer producer Heineken announced its decision to leave the Russian Federation. The world’s second-largest brewer has supported anti-Russian sanctions imposed by many countries in solidarity with Ukraine, which is at war with Russian troops that have invaded its land. The company announced that it is currently transferring its Russian business to a local owner. […]

Nikkei Asia, citing informed sources, reported that Apple is forced to make a decision to reduce the production of smartphones and headphones. Its main reason was the fall in consumer demand for the corporation’s products around the world due to the rapid growth of inflation. The geopolitical situation also has a negative impact on consumer […]

John Williams, who holds the post of head of the New York Fed, said that at the next meeting of the FOMC, a decision could be made to raise the rate by 50 bp. At the same time, he said that Central Banks worldwide, when making decisions to change their policies, should consider their possible […]

S&P analysts did not change the long-term rating of Saudi Arabia. It was kept at the “A-” level. At the same time, the outlook on the country’s rating was improved to positive. The agency’s review notes good economic prospects for Saudi Arabia. The country successfully coped with the consequences of the pandemic. The growth of […]

Serhiy Fursa, a well-known financier in Ukraine, assessed the consequences of the laws adopted by the government to ensure the functioning of the country’s economy during the military operation of the Russian Federation. In his opinion, implementing these laws will lead to a monthly budget deficit of $4 billion. If soon the measures taken can […]

The ICU financial group calculated that in the first month of the war in Ukraine, the country received financial assistance from Western partners amounted to $3.221 billion. It is reported that this figure does not include funding provided for the acquisition of weapons necessary for the Ukrainian army. The specified amount of financial assistance consists […]