Politics
Shares of Canadian mining, steel and timber companies have lost all of this year's gains. The Bank of Canada's tightening policies and record inflation since 1983 are slowing demand in the economy for raw materials. "Rates are rising, and that will hit all cyclical industries,
Deals
Price inflation is a macroeconomic issue, he believes. We need a restrictive policy, and that is where we are headed. We don't think we've seen the full effect of quarantine in China yet.
Politics
* That's how the Los Angeles Republican addresses Fed Chairman Jerome Powell at today's Senate Banking Committee hearing on monetary policy and the economy.
Global Company
* Oil heard Biden and still retreated from the highs of June. It's the reduction in demand due to the increase in rates by global central banks.
Politics
It is important that the U.S. and Chinese leaders talk, they added. Xi will open the BRICS meeting this week, where he is expected to present plans for an alternative center of power for the G7 and NATO.
Global Company
As it follows from the letter of the company's representative, the energy concern received 25% less than promised gas. The volume of supplies decreased after Gazprom reduced gas supplies via Nord Stream. Today it was reported that the company received even less than half of the promised energy
Growth
We are adjusting tax policy to the current challenges, we can not talk about its immutability in the coming years, but all decisions will be balanced, the official added. Russia's debt service costs are already reaching 400 billion rubles per year, and will exceed 2 trillion rubles in
Growth
The data show that inflation expectations that short-term inflation will be high still hold, but are falling sharply in the medium term. Fed inflation expectations have also risen. We have not decided how tight our policy restrictions should be. A compromise can always be found. Any recommendations we make are
Deals
* Restrictions are imposed on the opening of new unsecured positions and positions with partial collateral in currencies: Yuan, Euro, Pound, Dollar. Also unsecured positions are closed and a restriction is imposed on the use as collateral for open positions in pounds.
Politics
China's semiconductor industry is showing signs of prosperity, despite the evidence of Trump and his successor, Biden. Chinese orders for chip-making equipment from foreign suppliers rose 58% in 2021, making it the largest market for these products for the second year in a row.
Global Company
Sber has also proposed expanding the list of countries whose citizens can obtain such a status in Russia. The deputy chairman of the bank Popov believes that parallel imports can hardly be considered "the destiny of professionals" - "everyone remembers how RAM for computers was brought in
Politics
Poland intends to withdraw its objection to the directive that the EU wants to use to implement a global minimum corporate tax. This raises hopes for adoption of the measure in all 27 EU member states. Unless other member states raise objections, the move will clear the way for an