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Apr 20, 2021 10:30
As Washington threatens to impose more sanctions on Russia, analysts expect Moscow’s response to be the same as usual – speeding up the drive to make the nation’s economy more self-sufficient.
- Russia remains world’s second-largest oil producer for 10 months in a row – report
New research by the Joint Petroleum Statistics Initiative (JODI) showed that, in February, Russia remained in second place in terms of global oil production, with a national daily output of 9.398 million barrels per day (bpd).Apr 20, 2021 07:13 - Global crude prices rise on falling inventories & weakening US dollarOil prices reached one-month highs on Tuesday as the dollar fell, making commodities priced in the US currency more attractive, allowing investors to pay less for dollar-denominated oil using other currencies.Apr 20, 2021 09:20
- Czech govt bars Russia’s Rosatom from nuclear power plant contract tender amid diplomatic rowRussia’s nuclear energy corporation Rosatom won’t be invited for a security assessment as a bidder vying to renovate the Dukovany nuclear power plant, the Czech industry minister said, amid the diplomatic spat initiated by Prague.Apr 19, 2021 20:54
- Britcoin? UK considers developing digital sterling as cash payments declineThe Bank of England said it would team up with the UK Treasury to explore a potential national virtual currency as Britain eyes joining the crypto-frenzy that has gripped state regulators across the world.Apr 19, 2021 15:04
- Russia’s answer to US sanctions is to make its economy more self-sufficient – analystsAs Washington threatens to impose more sanctions on Russia, analysts expect Moscow’s response to be the same as usual – speeding up the drive to make the nation’s economy more self-sufficient.Apr 20, 2021 10:30
- Global crude prices rise on falling inventories & weakening US dollarOil prices reached one-month highs on Tuesday as the dollar fell, making commodities priced in the US currency more attractive, allowing investors to pay less for dollar-denominated oil using other currencies.Apr 20, 2021 09:20
- Russia remains world’s second-largest oil producer for 10 months in a row – reportNew research by the Joint Petroleum Statistics Initiative (JODI) showed that, in February, Russia remained in second place in terms of global oil production, with a national daily output of 9.398 million barrels per day (bpd).Apr 20, 2021 07:13
- Czech govt bars Russia’s Rosatom from nuclear power plant contract tender amid diplomatic rowRussia’s nuclear energy corporation Rosatom won’t be invited for a security assessment as a bidder vying to renovate the Dukovany nuclear power plant, the Czech industry minister said, amid the diplomatic spat initiated by Prague.Apr 19, 2021 20:54
- Britcoin? UK considers developing digital sterling as cash payments declineThe Bank of England said it would team up with the UK Treasury to explore a potential national virtual currency as Britain eyes joining the crypto-frenzy that has gripped state regulators across the world.Apr 19, 2021 15:04
- Russia’s Siberia may hold one of the world’s largest reserves of rare earthsThe Tomtor deposit of niobium and rare earths located in Russia’s Yakutia Republic is one of the world’s three biggest by reserves, Russian miner Polymetal, which owns a minority stake in the project, said on Monday.Apr 19, 2021 13:51
- Weaker dollar pushes gold price to 7-week highThe price of gold reached a seven-week peak on Monday as a softer dollar and lower US Treasury yields lifted the precious metal’s appeal even as the appetite for riskier assets remained strong.Apr 19, 2021 12:47
- Oil price could rise to $74 with historic global surplus subsidingThe oil inventory glut that amassed during the Covid-19 pandemic is almost gone, Bloomberg reported citing industry data. The tightening could further prop up crude prices, according to expert projections.Apr 19, 2021 10:32
- China says it has no plans to oust US dollar with digital yuanInternational use of the digital yuan will not replace the US dollar as the world’s main reserve currency, according to People’s Bank of China Deputy Governor, Li Bo.Apr 19, 2021 10:23
- Renewables dominate the headlines, but oil and gas remain kingThe transition to a global energy system that runs on renewable energy rather than finite and dirty coal, oil, and gas is arguably the number-one topic in the media, sometimes eclipsing even the pandemic.Apr 18, 2021 14:19
- Russia sees record share of cash-free transactions as it moves closer to cashless societyThe proportion of cashless payments reached a record high in the first quarter of this year, Russia’s largest lender, Sberbank, has revealed. Meanwhile, the central bank is eyeing even more cash-free transactions.Apr 18, 2021 12:54
- Covid-19 side effect: Why have people started spending heavily on sports cards and memorabilia? RT’s Boom Bust finds outWhile the world is anxiously watching multi-million sales of pieces of digital art based in the form of Non-Fungible Tokens (NFTs) the realm of physical sports memorabilia and baseball cards is booming, fueled by the pandemic.Apr 18, 2021 12:31
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