Finances

The Economist magazine ranked the ruble as the most undervalued currency in the world according to the Big Mac index.

The company’s current share price is the lowest since the beginning of November 2020.

Based on the FAO Food Price Index, which reflects monthly changes in international prices for staple foods, world prices for basic foods and raw materials in 2020 were the highest in the last three years.

Investors have been buying Russian shares since the beginning of the year, encouraged by the rise in oil prices.

Earlier, delisting of China Telecom Corporation Limited, China Mobile Limited and China Unicom (Hong Kong) Limited was announced.

“We are open for business but we are attached to reciprocity, level playing field & values,” Ursula von der Leyen wrote on Twitter.

For the sake of high profitability, a large number of Russians began to open investment accounts to buy stocks and bonds, and began to invest their savings in complex stock instruments. Due to ignorance of the specifics of such investment, many citizens have lost and continue to lose their savings.

In the Moscow office of the gold mining company Petropavlovsk, investigative actions were carried out against the founder and former CEO of the company, Pavel Maslov.

The heads of pharmaceutical companies BioNTech and Moderna are included in the list of 50 new billionaires who have made a fortune in the health sector amid the coronavirus pandemic.

All countries of the world have spent more than $13 trillion on the fight against coronavirus.

Yandex has spearheaded a $ 4 million investment round in genetic research medical services Genotek.

On December 9, the FTC, along with attorneys general from 46 states and two counties, filed a lawsuit against Facebook. The authors of the complaint are confident that Facebook adheres to a special strategy and, with its help, maintains a personal monopoly on the social media market.

Six-year-old Anastasia Radzinskaya from Krasnodar for the second time entered the ten highest paid bloggers on YouTube according to Forbes

The Bank of Russia has extended until April 1 the recommendation for banks to restructure loans and borrowings to individuals without penalties and fines.

This follows from the Treasury’s report on the macroeconomic and monetary policy of the main American trading partners.