The American economy has experienced the worst decline since 1946 | 01/28/21

The coronavirus pandemic with 26 million cases and 440 thousand victims plunged the US economy into the worst recession since World War II. At the end of 2020, American GDP fell by 3.5%, or $ 506 billion, the Bureau of…

Russia starts exporting bricks to the EU | 01/28/21

Kaliningrad JSC “Fifth Element” was the first in Russia to export clinker bricks to Slovakia, the regional Chamber of Commerce and Industry (CCI) told Interfax. “The first batch, which went to the customer the other day, included a facing brick…

Banks removed from Russia a third of gold reserves | 01/28/21

In 2020, Russian banks arranged a sale of gold accumulated in storage facilities. According to the results of the year, the reserves of precious metals in credit institutions decreased by 38%, Interfax calculated based on the data of the Central…

Americans Get Rich by $ 2.4 Trillion Amid Strongest Fall in GDP Since 1946 | 01/28/21

The coronavirus pandemic with 26 million cases and 440 thousand victims plunged the US economy into the worst recession since World War II. At the end of 2020, American GDP fell by 3.5%, or $ 506 billion, the Bureau of…

Norway’s Oil Fund earns $ 123 billion in a year | 01/28/21

Norway’s state pension fund, funded by state oil revenues, generated $ 123 billion in 2020, Bloomberg reported. The second largest result in 25 years of the fund’s history increased its size to a record $ 1.3 trillion, or $ 240,000…

Russia has looked into the demographic abyss: The population has declined by a record for 15 years | 01/28/21

Russia continues to accelerate in free fall into a demographic hole. At the end of 2020, the resident population of the country decreased by 510.5 thousand people, it follows from the preliminary estimate of Rosstat (.xls). As of January 1,…

Russia has looked into the demographic chasm: The population has declined by a record for 15 years | 01/28/21

Russia continues to accelerate in free fall into a demographic hole. At the end of 2020, the resident population of the country decreased by 510.5 thousand people, it follows from the preliminary estimate of Rosstat (.xls). As of January 1,…

Ruble Sank to New “Bottom” After State Department Statements on Navalny | 01/28/21

The ruble is depreciating on the Moscow Exchange for the second day in a row following the prices of Russian government bonds and renewing the two-month lows. At the auction on Thursday, the dollar rate rose to 76.5 rubles, the…

Horde Against Wall Street: Sofa Investors Bust Billionaire Hedge Fund | 01/28/21

While Russia was struggling with rising prices for “economy class” cucumbers, a drama broke out in the US market boiling with cheap money, which will go down in history for 228 years of American stock trading. Amateur investors with only…

“Inflationary Spiral Is Unfolding”: Food Price Control May Wake Up a Hawk at the Bank of Russia | 01/28/21

(Bloomberg) – The measures taken by the Russian authorities to limit food prices may have the opposite effect, driving inflation in the medium term and forcing the Bank of Russia to take a more “hawkish” position. The government, which set…

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