Finances

The allocation for the Pandemic Emergency Purchase Programme also remained the same.

The dollar may decline by 36% against the euro next year.

This follows from the company’s documents sent to the US Securities and Exchange Commission.

This was reported by the newspaper South China Morning Post, citing the founder and CEO of the company, Ren Zhengfei.

August 31 is the day of a stock split in both enterprises.

The fortune of Elon Musk (pictured), the founder of Tesla and SpaceX, has grown 3.7 times since the beginning of the year and reached $101 billion.

Rosstat calculated the losses of Russian companies in the first half of 2020. Their main cause was the coronavirus pandemic.

Since the beginning of coronavirus pandemic, the value of Jeff Bezos’ securities increased by more than 55 %.

The successive decrease in the key rate by the Central Bank of Russia, which reached four percent, led to the fact that retail loans for new clients turned out to be record high in comparison with deposit rates.

The Rotenberg family, whose key asset is Mostotrest, for the first time in six years, took first place in the ranking of the richest family clans in Russia, displacing the former leaders of the list - the Gutserievs.

This is reported by the newspaper Financial Times with reference to the calculations of the British investment company Janus Henderson.

In July, according to information from the Romir holding, Russians began to save more actively, as a result of which the amount of free money in an average Russian family reached its maximum for the middle of summer over the past few years.

The current state of the Russian economy is quite stable and allows the state to fulfill its obligations, and a repetition of the August 1998 default is unlikely, experts at the Higher School of Economics say.

In July, a record volume of non-targeted consumer loans was issued in Russia, the cost of which turned out to be unprecedentedly low.

It rose by 1.9 % and reached 1,935 US dollars per troy ounce.