Time and money are largely interchangeable terms. - Winston S. Churchill

Europe

Elon Musk announces restrictions for Twitter users

Photo by Nathan Dumlao / Unsplash

Elon Musk has published a message in which he announced temporary restrictions for readers. He states that this is necessary to reduce the load on the system.

The measures in question are as follows:

Verified accounts can view up to 10,000 publications per day;
Unchecked pages - 1,000 posts;
New unverified accounts - up to 500 posts.

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ECB tries to save EU economy - central bank will be flexible in reinvesting PEPP program

ECB tries to save EU economy - central bank will be flexible in reinvesting PEPP program

The pandemic has left persistent vulnerabilities in the eurozone economy that contribute to the uneven normalization of our monetary policy among different countries, the ECB said. The ECB has instructed Eurosystem committees and ECB services to accelerate the development of a new mechanism to combat fragmentation. Why it matters. Rising

Price for oil price cap yet to be determined, head of European Commission

Price for oil price cap yet to be determined, head of European Commission

"The EU is ready in principle to go to the oil price cap," von der Leyen added. Earlier, the head of the U.S. Treasury Yellen said that the U.S. is not against the purchase of oil by India above the price cap. The WSJ also reported citing sources

Currency pairs rise in price on the Moscow Exchange

Currency pairs rise in price on the Moscow Exchange

The euro adds nearly 3% to the ruble. However, it is worth noting: the ruble exchange rate on the Moscow Exchange is very volatile. Today's rise in the currency does not necessarily mean a trend reversal.