• Ukraine will receive $ 150 million from the World Bank

    The World Bank (WB) provided Ukraine with a loan of $ 150 million to support export-oriented small and medium-sized businesses, Tsargrad reported. According to Satu Kakonen, Director of the World Bank for Ukraine, Moldova and Belarus, “the country has great potential, but serious obstacles to exports remain, including access to credit for small and medium-sized […]

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  • Credit Suisse claims to cut its premiums by 40% after the shareholder share

    Swiss multinational bank Credit Suisse plans to shrink its premiums for its top management by 40 percent after hard criticism from shareholders about plans to make $ 78 million in disbursements despite severe losses. The Management Board also offered to keep the salaries of executives at the 2015 and 2016 levels. The second-largest bank in […]

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  • China’s economy grows 6.9% in Q1, strongest since late 2015

    The world’s second-largest economy, China has started 2017 with its strongest quarterly performance in 18 months. Official data shows the growth came on the back of a surge in industrial activity, property investment and increased credit. Gross domestic product (GDP) grew 6.9 percent, well ahead of last year’s figure and is slightly higher than many […]

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  • In the growth of inequality, technology is more to blame than globalization

    The main reason for the increase in inequality in developed countries is technological progress, rather than globalization, the IMF’s new report says. In many of these countries, the share of workers’ wages in national income has been declining since the early 1990s. According to the research, half of this decline can be explained by the […]

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  • Poland defends against Ukrainian migrants

    The Ministry of Internal Affairs of Poland canceled document, set the framework of the migration policy of the country. Motivation – the migration crisis that Europe is facing, and economic migration from Ukraine. According to Warsaw, the old document did not create the necessary and sufficient conditions to counter these two challenges. Now it decided […]

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  • Germany invests hundreds of millions of dollars in Russia

    From 2017 to 2021, German Wintershall plans to invest 4.4 billion euros in the development of oil and gas fields. This was announced by Mario Meren, the chairman of the board of the company, which has been cooperating with Gazprom for 25 years. As for investments in Russia, there was no exact figure. Although a […]

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