The United States no longer recognizes the Russian market economy: now Russian goods will rise in price in America

The US will no longer treat Russia as a market economy, the US Department of Commerce (USDC) said. The Russian Federation was deprived of the status that it was granted two decades ago. He limited the accrual of anti-dumping duties on Russian goods. Now the restriction has been lifted, and prices for Russian…

Every year more and more countries buy goods from Moscow: what is the secret of Russian export success

Moscow is one of the most dynamically developing capitals in the world. At the end of 2020, the city entered the ranking of the top 10 megalopolises in Europe, climbed 26 points in the ranking of global financial centers, took the second place among the largest cities in the world in terms of investment promotion strategies, ...

The threat of default looms over the United States: the collapse of the economy may occur this fall

It looks like Congress will reach an agreement on an increase in the federal borrowing limit before the government runs out of money to pay bills in the coming months. The limit was suspended in 2019 and automatically reinstated earlier this month. High-ranking ...

How immigrants benefit the country they came to

In countries where there are large numbers of immigrants, the topic of immigration is often discussed. These people leave home in search of a better life for themselves and their families. As integral components of global development, they not only contribute to the economic prosperity of the host country, but also ...

The picture is cloudy: why economists are worried about 2021

Americans may be gearing up for the holidays, but economists are looking forward to January and trying to sift through a raft of new data to figure out what to expect beyond 2020. The picture is murky at best - and fears are growing that the uncontrollable surge in COVID-19 caused by the weekend...

In 10 years, climate change will cost us $ 20 billion a year

Large-scale wildfires, catastrophic hurricanes and tropical storms, and tornadoes are just some of the notable weather events that occurred in the United States during 2020. A year that changed the whole world beyond recognition with the COVID-19 pandemic. But, as The...

This is 2020: the Nobel laureate in economics was informed about the award by an unexpected visit in the middle of the night

The Swedish Academy has announced the names of the 2020 Nobel Prize in Economics. The prize will go to American economists Paul Milgrom and Robert Wilson for developing the theory of auctions. Writes about this BBC. Milgrom, 72, and Wilson, 83, were among the top contenders for ...

WSJ: US economy shows signs of resuscitation

This opinion is shared in the White House, writes Voice of America. There are more and more trucks. Flight and hotel bookings are up slightly. The number of mortgage applications is growing. More and more people are applying to open new businesses, the Wall Street Journal reports. Home…

The world leaves quarantine: when the economy of the countries affected by the pandemic will recover

Countries are lifting quarantines one by one; the liberated population scatters across the lawns and hairdressers, in a hurry to return to work and their former life. But it is unlikely that everyone will succeed, economists and financial regulators warn, the BBC writes. The exit from the biggest crisis of the century threatens to be ...

'It is only gaining momentum': the global economy faces a crisis worse than the Great Depression

The coronavirus has strangled the global economy, but it will soon loosen its grip and business activity will quickly recover. There will be consequences: the crisis will be the worst since the Great Depression almost a century ago, and the bill for treatment will exceed $ 9 trillion, the International Monetary Fund recently calculated. Month…

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