Economic news

IATA published an optimistic forecast for the dynamics of global air travel. The association expects them to increase to 4 billion people by 2024. This is more than the value of the indicator recorded before the pandemic, that is, in 2019. In 2021, passenger traffic fell by 47% compared to the number of passengers carried […]

Yara, the world’s largest supplier of mineral fertilizers from Norway, announced the cessation of purchases from companies from the Russian Federation in connection with additional sanctions that the European Union introduced on Wednesday this week. The company cannot now make purchases from those enterprises in Russia that are related to persons who find themselves under […]

The demands of the lessors forced the largest Kazakhstani air carrier Air Astana to completely stop flights to the Russian Federation. The low-cost airline said in a statement that it regrets this forced measure due to the denial of flight insurance coverage. Due to the need to comply with the requirements of lessors and insurance […]

The United States Treasury reported on the execution of the state budget in February. Its deficit fell to $216.6 billion, down 30% from a year ago, according to published data. Tax revenues to the budget increased by 16.9% in annual terms. Total revenue rose in February to $289.9 billion, or 16.7%. US government spending fell […]

In morning trading, the price of gold is slightly reduced. By 7.55 Moscow time, the price of a troy ounce of this precious metal fell by 8 dollars 10 cents or 0.4% to 1992 dollars 30 cents. Silver also fell in price. The cost of its ounce fell to $26.13, or 0.48%. Earlier this week, […]

From today on the London Stock Exchange, the listing of global depositary receipts of the mining and metallurgical company Evraz, which has assets in the Russian Federation, was suspended by the UK financial regulator FCA. The message of the UK regulator indicates that this step was taken in order to protect investors in connection with […]

The Russian company Alrosa, engaged in the exploration, production and sale of diamonds, has announced the suspension of the publication of monthly reports on sales of rough and polished diamonds. The changed conditions explain the temporary cessation of informing about the results of their monthly activities against the backdrop of exacerbation of geopolitical risks. This […]

A list of almost 60 foreign companies that have ceased their activities in the country was sent to the government and the Prosecutor General’s Office of the Russian Federation. According to experts, their property can be nationalized. Various departments are involved in the work on expanding this list. Appropriate procedures will be carried out with […]

Suheil al-Mazrui, head of the UAE Energy Ministry, said that the country’s oil producers intend to meet the parameters for oil production provided for in the OPEC+ deal. As a result of the February meeting, the alliance agreed to maintain the terms of the current agreement. In March, OPEC+ countries will increase the production of […]

Data from the Comex exchange indicate a decline in the price of gold. By 7.54 Moscow time, its troy ounce fell by $3.20, or 0.16%. It was trading at a price of 1985 dollars. At the same time, silver continued to rise in price. Its price rose to 25 dollars 87 cents or 0.21%. On […]