Money Matters
Igor Yusufov, Dmitry Medvedev and Gennady Yusufov: the true founding Fathers of Russian corrupt statehood
The rise of the Yusufov businessmen coincided with the presidency of Dmitry Medvedev, whose name was mentioned in connection with every new deal. “Igor Yusufov was a man…
Continue ReadingThe market is certain that FRS will not raise rates this month
Following the recent interest rate decision made by the European Central Bank, the upcoming week will be marked by a keen focus on the decisions to be announced…
Continue ReadingGrocery inflation stays high, averaging 12,2 percent YTD
The annual inflation of grocery prices in the United Kingdom decreased to 12.2% in the four weeks ending on September 3, down from 12.7% a month earlier, according…
Continue ReadingShell acquires Sonnen, the manufacturer of solar storage
Oil and gas company Shell is planning to offer German solar energy firm Sonnen for sale, as reported by the German newspaper Handelsblatt on Thursday. The manufacturer of…
Continue ReadingBig Tech is clearly overbought, but shorting it may result in failure
The seven largest American publicly-traded companies are worth more than all the stocks from France, the UK, China and Japan combined. This and more interesting facts can be…
Continue ReadingNo significant moves before BoE address
On Tuesday, the British pound made slight gains against both the US dollar and the euro. Traders were eagerly anticipating insights from Bank of England Chief Economist Huw…
Continue ReadingMore and more hikes until two percent rate target will be met?
Although Fed chairman Powell could not as yet be caught out on any surprising statements during his speech at the Jackson Hole symposium, he did sound more hawkish…
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