Finance
China imported 8.54 million tons of coal in August, 57% more than last year, a five-year high. IF News: China's increase in coal imports is seasonal due to the summer drought. China was forced to import more coal to generate electricity when hydropower plants could not
Finance
Polymetal commissioned a mining and processing plant with a capacity of 3 tons of gold per year. By the end of this year, it is planned to produce 40 thousand ounces of gold. Also in 2025, the company will launch another plant in Albazino. Polymetal will produce an average of
Finance
Electronics manufacturers will find it difficult to launch new production facilities. And chipmakers may lose their last chance to set up production of Russian processors at foreign factories. Additionally the U.S. restricts chip exports to Russia. Due to the lack of chips and the lag of Russian technology the
Finance
Deliveries are also possible from Belarus, Armenia and other bordering countries. Imported goods by parimport will cost 30% more than usual. Earlier H&M announced about withdrawal from Russia. The company will leave the market when it sells out the rest of its goods. I wonder when the residual
Finance
Earlier we wrote that US authorities are ready to replenish crude stocks at $80 a barrel. However, so far in the market, prices aren't even close to those values - WTI is trading above $88. The U.S. is pumping oil into the economy. Exports and production are holding
Finance
I wonder why. There are two options: the price of sugar and oilseeds in stores will be tied to stock exchange quotations. And the Exchange could also work on the idea of creating Russian benchmarks. If you plan to buy Russian sugar for export, buy it at an exchange price
Finance
The U.S. is considering imposing sanctions against China over its aggression on Taiwan. Diplomats from Britain, Australia, Canada, India, Japan and other countries arrived in the U.S. to discuss sanctions. Details of the sanctions are not known. They can be both political and economic. The latter will cause
Europe
The country's unemployment rate currently stands at 3.6 percent, a figure that was expected to be 3.8 percent. The situation is similar to the U.S. model, where the labor market looks strong at the risk of recession. However, the U.K. situation is much closer
Finance
Shareholders want to sell the company for $44 billion - $54.20 per share (market price -$41.4). However, Musk himself refuses the deal because Twitter misled Ilon because of spam accounts on the platform. After the reluctance to disclose information about the bots, Twitter shares fell to $32 from $40.
Europe
The new EU bill to combat the energy crisis does not include measures to cap the price of gas. The document only includes an innovation in the form of a tax on excess profits of energy companies. The EU cannot agree on a price ceiling because some EU countries are
Europe
Portuguese "golden visa" - a program for immigrants who invest in real estate worth 500 thousand euros or create 10 jobs in Portugal. The Service for Foreigners has received 10 requests for a "golden visa" from Russian citizens since the beginning of the EAS. All applications have
Finance
Musk's plans may become a reality. Apple has begun to take an active interest in the development of satellite technology. SpaceX is a leading private space company and could well integrate its Starlink network into future Apple devices. Earlier in the presentation, Apple unveiled a new SOS feature