Category: economics articles
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Economic security vs. economic coercion
Even bigger investments from the United States and Japan are coming our way in the next five years and the number could go as high as $200 billion – double the initial $100-billion estimate that Ambassador to the United States Jose Manuel “Babe” Romualdez earlier revealed.
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Bank of Russia Dismisses US Asset Confiscation Effects on Russia's Economic Stability – Economics Bitcoin News
The Bank of Russia has dismissed the effect that a future confiscation of Russian assets in the U.S. might have on the nation’s economic stability. Elvira Nabiullina, governor of the bank, stated that Russia has been diversifying its asset portfolio for many years and that the assets to be seized weren’t in use anymore. Bank […]
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Economic sentiment picks up in April
Economic sentiment in Cyprus improved mildly in April after two months of deterioration, as the University of Cyprus Economic Sentiment Indicator (ESI-CypERC) increased by 0.8 points compared with March. Having risen to 105.4 in January, the third highest figure during the past 12 months, the ESI retreated to 103.3 in February and 102.1 in March, rising again to 102.9 in April. The increase in the ESI-CypERC compiled by the university’s Economics Research Centre was driven by gains in business...