Real incomes of Russians continue to decline

The real incomes of Russians continue to decline, although the the country’s economy has marked a recovery in 2016. In April the income decrease has reached the level of 2009. Consumer spending, which was the…



Moodys

Moody’s downgraded Hong Kong’s credit rating

The rating agency Moody’s downgraded Hong Kong’s credit rating for the first time in 28 years after it earlier announced the same measure against China. Moody’s motivated its decision with the risks associated with the…


UN mission

US budget cuts will hamper the UN missions

The drastic cuts planned by the US government threaten to make the United Nations unable to carry out its core missions. US Secretary of State Rex Tillerson demanded on Tuesday the world’s leading power to…


Bitcoin

Bitcoin captures new highs over 2,400 USD

The digital currency bitcoin reached a new record on Wednesday, rising to more than 2,400 USD, after demand for crypto-currency jumped sharply alongside the creation of new so-called tokens to attract funding for startups using…


Wall Street trade

S&P 500 ended trading session with new high

US stock indices rose on Wednesday trading session after investors welcomed the Federal Reserve’s plans to cut its balance sheet to 4.5 trillion USD The Central Bank provides a system, in which will announce limits…