The number of millionaire bankers in Europe has reached a historical record

2023/01 23 06:01

The number of bank employees in the EU countries with an annual salary of more than €1 million in 2021 amounted to more than 1.9 thousand people. This is a record figure for the entire time of data collection, since 2010 When calculating, experts no longer take into account the UK, which left the European […]

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Genesis Crypto Broker Filed for Bankruptcy

2023/01 23 05:01

Crypto exchange Genesis has filed for bankruptcy, which involves the reorganization of the company and the restructuring of its debts. She owes more than $3 billion to creditors. Genesis problems were the result of a crisis in the crypto market, provoked by the collapse of the FTX exchange. Cryptocurrency exchange Genesis has filed for bankruptcy […]

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Brazil and Argentina may announce work on a single currency

2023/01 22 22:01

Argentina and Brazil, which are part of the Mercosur trading bloc, plan to invite other Latin American countries to join their plan. However, this may take several years. Plans for a common currency between Argentina and Brazil have met with skepticism in the past. For example, when former Brazilian President Jair Bolsonaro first pitched the […]

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Most economists expect US Recession in 2023

2023/01 17 08:01

Economists still expect higher interest rates to push the US economy into recession this year, despite signs of easing inflation. This is evidenced by the results of a quarterly survey by The Wall Street Journal. Experts estimate the probability of a recession in the next twelve months at 61%, which is not too different from […]

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Moody’s predicts an average Brent price below $100 per barrel in 2023

2023/01 17 08:01

Moody’s predicts that the average Brent oil price in 2023 will remain below the 2022 average of $100 per barrel, but will exceed the agency’s medium-term forecast of $50-70 per barrel. The trajectory of oil prices this year remains uncertain and will depend on the economic situation in the world’s largest economies, according to a […]