An indispensable Russian commodity

The Spanish newspaper El Pais reported that the European Union may lose Russian products that are indispensable in the current conditions, especially diesel fuel, due to the embargo on Russian oil. The Spanish newspaper El Pais indicated that the price of diesel fuel is still at the highest level, despite a slight decrease in the … Read more

Negative rates: the announced end of a controversial tool

In theory, this measure is an aberration. Receive money to borrow. Or, conversely, pay someone to lend them money. However, it will have lasted nearly eight years in Switzerland. Negative interest rates are expected to be withdrawn this Thursday by the Swiss National Bank (SNB). After a first step in June, it should increase its … Read more

Central African Republic: in Bangui, the black gasoline market saves motorists

Published on : 22/09/2022 – 01:06 In the Central African Republic, the fuel crisis, which began in March, continues. In Bangui, the stations which are not closed for lack of supply, are stormed. A black market is organized in parallel. The government fails to restore the situation and accuses the suppliers. Taxis and motorcycle taxis … Read more

Avoid industry collapse Germany nationalizes energy giant Uniper | Gas | Nationalization | Russia

Beijing time:2022-09-22 09:03 【New Tang Dynasty Times, Beijing time, September 22, 2022】RussiaSuspension of North Stream Onenatural gassend, orderGermanyThe energy industry is in jeopardy.Following last week’s control of severalRussiaAfter holding the refinery, Germany announced on Wednesday (September 21) that it willEnergy giant UniperNationalized to prevent the collapse of the energy industry. GermanyThe government announced on Wednesday … Read more

Why are prices soaring? How do we calculate? Understand everything about the increase in gas and electricity in 15 questions

The law of the market: the “natural” rise If we wanted to simplify, there is a very simple answer to “Why are energy prices rising?”, it is “because demand is increasing and supply is decreasing”. The first price increase, in 2021, is indeed linked to the economic recovery when we had witnessed a major recession … Read more

Meta ordered to pay $174.5 million for patent infringement

Meta, the parent company of Facebook and Instagram, was ordered on Wednesday to pay $174.5 million in damages to Voxer, an app that accuses the tech giant of infringing its patents. A Texas jury has determined that Meta copied walkie-talkie messaging patents in its live streaming features on Facebook Live and Instagram Live. The trial … Read more