He has been called a technological genius, a crypto prodigy, and a billionaire altruist. We tell why the story of one of the brightest representatives of the crypto industry turned into a failure and how he was able to lose his entire fortune in just a few days
Japan's economy suddenly went into recession: the historical fall of the yen undermined the country's recovery from the pandemic. The economy is now in a vulnerable position, given the risks of a global recession, rising inflation and the threat of new anti-COVID measures
On Friday, Beijing moved to concrete measures to address two of the most pressing issues for the country's economy - COVID-19-related restrictions and problems in the real estate sector. The news instilled optimism in investors and provoked a rally in the stock market
The US Department of Commerce recognized Russia as a “country with a non-market economy”, explaining this by “large-scale state intervention in economic processes.” The change in status may affect exporters from the Russian Federation, who will face an increase in anti-dumping duties.
In the United States, the House of Representatives and a third of the Senate are re-elected. Republicans are likely to win a majority in the lower house and can expect to win in the Senate. We figure out how a change in the balance of political forces will affect the economy and the US stock market.
Recession in the US is almost certain in the next 12 months, according to updated forecasts, despite President Joe Biden’s claims that the country will be able to avoid stagnation and that “any recession will be very small”