“Dead end: who really controls the Strait of Hormuz now?
Although hopeful reports keep appearing that the Strait of Hormuz will soon be reopened to shipping, the crisis continues and it is increasingly strangling the world economy.
Ekonomika
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Due to political unrest and war in the Middle East, the United Kingdom’s economy grew more slowly
In the second quarter of this year, the growth of the United Kingdom’s economy slowed down compared to the first quarter, as the country faced domestic political unrest and war…
It looks like only 9.99 euros, but over a year – hundreds: how subscriptions change our relationship with money
Nine euros, fourteen euros, a few more euros for another service – each subscription seems almost insignificant. But this is exactly how the subscription economy works: it does not make things cheaper…
Despite Ukrainian attacks, the Russian economy recovered in the second quarter
The Russian economy recovered in the second quarter due to consumer demand, despite massive Ukrainian drone strikes on the country’s e-commerce and oil industry sectors, according to…
Russian decisions reveal growing fear: they act quietly, although the Kremlin reassures
Since February, people have withdrawn about 2.5 trillion rubles from banks, or about 27 billion euros – on average more than 380 billion rubles per month. Read more Goda Alijeva spoke about the divorce: «I tried to save it – it didn’t work» According to Sberbank’s forecast, up to 3.8 trillion rubles, or about 40…
Poland became the sixth largest economy in the EU, GDP approaching 1 trillion euros
Poland has become the sixth largest economy in the European Union (EU). The country’s gross domestic product (GDP) is approaching 1 trillion euros.
As a historian: It is difficult for Putin, but it will be even harder – there is no way out
For decades, the regime created by Vladimir Putin may quickly collapse, said military historian Juris Kotšinevs in a comment to the publication “Postimees”. He emphasizes that Russia still has…
„Novorossiysk – the end“: Russian companies refuse to set foot in the Black Sea
One of the largest Russian transport groups, “Fesco,” announced that it has stopped accepting applications for cargo transportation through the Black Sea after its container ship was sunk…
The Kremlin’s hidden economic troubles are becoming clear: the bubble could burst with great force
The rapidly growing debt burden in Russia, which helped revive the economy after Western countries’ sanctions, may now become a serious problem for the entire country’s banking sector.
Russians are massively withdrawing money from banks: the amount is twice the budget of the Moscow region
Cash withdrawal from the Russian banking system is only gaining momentum, writes the news portal “The Moscow Times”. According to data from the Central Bank of Russia, from July 1-30….