Finances

Alibaba Group shares skyrocketed after news broke of the company's founder Jack Ma's first overseas trip in a year

The IMF predicts the collapse of the Afghan economy

This problem has become acute due to the coronavirus pandemic.

Dmitry Volvach, Deputy Minister of Economic Development of the Russian Federation, said this at the Eighth Armenian-Russian Interregional Forum.

If the European Union agrees to cooperation and adequate interaction with Gazprom, gas prices will go down rather quickly and stabilize within the range of 600-800 dollars, economist Alexei Korenev believes.

The Russian economy has now completed its recovery and GDP growth in 2021 is unlikely to be more than 4.2%, said the head of the Ministry of Economic Development.

Russia is currently one of the five leaders in terms of international reserves, second only to China, Japan, Switzerland and India.

The US House of Representatives approved a temporary increase in the permitted level of public debt, Reuters reported.

The world's first public cryptocurrency exchange Coinbase has announced the launch of its own marketplace of non-interchangeable tokens (NFT).

It is planned to promote various legislative initiatives.

Tinkoff Bank became one of the systemically important credit institutions in 2021

Foreign investors have spent a record amount of money on Russian stocks.

He clarified that he himself prefers to invest in the dollar, although there is no particular difference with investing in euros.

The cryptocurrency has risen in price by about $3.9 thousand, almost to $55.56 thousand, returning to the May level.

Alexey Korenev fears that the shocks may be heavier than the Great Depression in the United States.