Finances

The Moscow exchange has set the lower limit of fluctuations in the prices of shares of Detsky Mir (DSKY) due to a sharp decline in paper prices.

The global de-dollarization process could happen in the next 20 to 30 years, according to a former Lehman Brothers executive

In the wake of the January 6, 2021, insurrection at the US Capitol, corporations rushed to distance themselves from political figures who had supported the attack or who had shared the rioters’ politics

Russian Prime Minister Mikhail Mishustin says the Shanghai Cooperation Organization should set up its own payment system

Inflation in France has accelerated to new highs, data from the state statistics agency Insee shows

The ECB has blamed inflation in the Eurozone on COVID-19 and Russian President Vladimir Putin

Credit Suisse has unveiled plans to cut 9,000 jobs as part of a radical restructuring plan

Germany’s preliminary data for October shows inflation will hit a new high of 10.4%

Payment processor PayPal has quietly restored a hefty penalty targeting so-called spreaders of disinformation

Ukrainian President Vladimir Zelensky has issued an order to add $10.5 billion to the country’s 2022 military budget

The country’s foreign trade has changed too much and now leans toward settlements in national currencies, Andrei Kostin says

India has fined google for $113 million over the tech giant’s refusal to allow app developers to use third-party payment systems

The introduction of tax breaks on the purchase of gold has spurred demand in Russia, Vedomosti reports

The country has 435 residents with over $100 million, surpassing France and Italy, RBK reports citing a new study

The Japanese yen has fallen to its weakest level against the dollar since August 1990 after the Bank of Japan ruled out interest rate hikes