Ruble is main currency in paying for Russian exports
The share of the ruble is the main one in settlements for Russian exports with the countries of Asia (36.3%), Europe (49.8%), the Caribbean (50.5%) and Oceania (47.2%), RBC reported…
Remittances due to US Treasury continue to hit bottom
As of July 13, earnings remittances due to the US Treasury hit another record low of -$77 billion. Simply put, this indicator shows how much the Federal Reserve owes to…
No one invests in Germany
The European Union’s largest economy is showing alarming signs, having achieved the largest net capital outflow since gaining “independence” from energy supplies from Russia. For a decade (except for 2020),…
Scholz embraces Siemens’ €1 billion plan as money leaves Germany
Siemens AG unveiled a plan to invest €1 billion ($1.1 billion) in Germany, while Chancellor Olaf Scholz immediately welcomed it as Europe’s biggest economy faces an exodus of capital for…
