Finance world news

Politics

U.S. failed to reduce chip production capacity in China - Bloomberg

U.S. failed to reduce chip production capacity in China - Bloomberg

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.

Sberbank proposes to allow the self-employed to parallel imports - RIA Novosti

Sberbank proposes to allow the self-employed to parallel imports - RIA Novosti

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

Poland is ready to give up its objection to the minimum corporate tax

Poland is ready to give up its objection to the minimum corporate tax

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

Gazprom Neft asks to clarify taxation for service risk agreements

Gazprom Neft asks to clarify taxation for service risk agreements

The company proposes to work out the tax parameters of income under service risk agreements (SRA) These agreements exempt foreign investors from the friendly countries of China, India and the UAE from the risk of secondary sanctions.

Crypto Monday - Payback for Investors in Digital Assets

Crypto Monday - Payback for Investors in Digital Assets

That's the name given to what's happening in the cryptocurrency market today by CNBC's Jim Cramer. In his opinion, this is only the "first day" of the market crash. Ironically, Cramer himself managed to sell off his crypto assets "with virtually

Google, Twitter, Microsoft and other tech companies will have to fight dipfakes, fake accounts - Reuters

Google, Twitter, Microsoft and other tech companies will have to fight dipfakes, fake accounts - Reuters

* According to the agency, the European Union plans to publish updated rules for technology companies regarding disinformation content on their digital platforms on June 16. If companies fail to comply with the new provisions of the EU Code, they could face heavy fines.

Loans in Russian banks will become cheaper after the reduction of the rate of the Central Bank, - Prime

Loans in Russian banks will become cheaper after the reduction of the rate of the Central Bank, - Prime

Russian banks are ready to adjust the cost of loans after the reduction of the key rate of the Central Bank of Russia, some market participants even did it in advance, without waiting for the decision of the regulator. As for deposit rates, most of the surveyed banks want to

Transit of Russian gas through the territory of Ukraine may amount to about 41.9 million cubic meters per day - TASS

Transit of Russian gas through the territory of Ukraine may amount to about 41.9 million cubic meters per day - TASS

A decline in Norwegian gas supplies as a result of major field shutdowns for repairs reduced gas injections into Europe's underground gas storage facilities. During the gas day on June 8, the level of reserves in UGS increased by only 0.26 percentage points, which is the lowest

Unification of FIU and Social Insurance Fund supported in the State Duma, - Ministry of Labor

Unification of FIU and Social Insurance Fund supported in the State Duma, - Ministry of Labor

This change will increase the upper limit of payments for sick leave, maternity benefits by one and a half times, said Vyacheslav Volodin. A single fund will begin to operate on January 1, 2023. Funds, which will be released after the optimization of costs for the maintenance of the apparatus

People around the world will be poorer in 2022, the OECD predicts

People around the world will be poorer in 2022, the OECD predicts

Inflation in rich countries is expected to rise considerably, up to 9%. In the Netherlands, for example, inflation will be 9.2% this year. In the UK, prices are projected to rise by 8.8%, twice the December forecast (4.4%). The rate of economic growth is likely to fall.