Source link Citizens of Ukraine in foreign countries are spending $35 million per day, the bank’s deputy head said More money is being taken out of Ukraine by its citizens than is coming into the country, data shared by the deputy head of the National Bank of Ukraine (NBU), Sergey Nikolaichukhas, revealed. The outflow of […]
Source link Exports of Russian coal to countries in Southeast Asia surged last year after supplies to the EU stopped amid Western sanctions on Moscow, Vedomosti business daily reported on Monday, citing data from energy analytics firm Kpler. South East Asia-bound deliveries of Russian coal, excluding China, jumped by 47% in 2023 and reached 13.1 […]
Source link The total income of self-employed people in Russia has soared since 2019, with the number of people working as their own boss increasing by 39% last year alone, Vedomosti reported on Tuesday, citing a Federal Tax Service official. From 2019, when the option for self-employment was introduced in the country, to the beginning […]
Source link Russian factories produced more than 700,000 vehicles last year in what has been a rapid recovery from Western sanctions, Russian Deputy Prime Minister Denis Manturov announced on Monday. Car production in Russia rose by 16% in 2023, with over 720,000 automobiles rolled off the assembly line, according to Manturov, whose remit includes industry […]
Source link Growth in the EU’s powerhouse has continued to slow amid persistent economic headwinds The German economy shrank by 0.3% year-on-year in 2023 after being hit by high inflation, soaring energy prices, and weak foreign demand, the Federal Statistical Office has reported. The decline in economic output eases to 0.1% when adjusted for calendar […]
Source link Demand for EVs has reportedly been declining, partly due to a reduction in state subsidies Sales of fully electric and plug-in hybrid vehicles (PHEVs) have continued to slow across the world, according to market research firm Rho Motion, cited by Reuters. Sales rose by only 31% last year, down from 60% growth in […]
Source link Lada was the best-selling brand in the domestic market in 2023, followed by China’s Chery and Haval New passenger car sales in Russia skyrocketed in 2023, data from Autostat analytics agency showed this week. As of the end of the year, 1.06 million new cars were sold in the country, a 69% increase […]
Source link Russian natural gas production has continued to grow in annual terms for the fourth month in a row in November, reaching nearly 60 billion cubic meters, business daily Kommersant reported this week, citing official data. Statistics by the Energy Ministry, seen by the newspaper, reportedly show that the figure was up 6.4% compared […]
Source link The greenback’s share of global reserves plummeted below 60% in the third quarter of 2023, according to the IMF The US dollar’s share of global central bank reserves has continued to decrease, nosediving to 59.2% in the third quarter of 2023, according to the latest data released by the International Monetary Fund (IMF). […]
Source link China is on track to become the world’s top car exporter this year for the first time ever, Nikkei Asia reported on Friday, citing preliminary data from the China Association of Automobile Manufacturers (CAAM). Statistics show the country exported 4.41 million automobiles from January through November, up 58% from the same period in […]
Source link Britain’s economy unexpectedly contracted in the third quarter of the year, raising the possibility that the country is already in a recession, the latest data shows. Third quarter GDP dropped 0.1% from the previous quarter after initial estimates suggested growth had been flat, according to a revised report by the Office for National […]
Source link A US senator said last week that governments had been monitoring smartphone users Tech giant Apple now requires a court order to disclose data about users’ push notifications, making it more difficult for authorities to obtain certain types of information from the company’s iPhone range. The policy switch aligns Apple’s terms and conditions […]
Source link Germany has halved imports of natural gas since 2021 but is essentially paying the same costs for supplies, according to an analysis published on Sunday by RIA Novosti based on official statistics. The EU’s largest economy reduced overall gas imports by 2.5 times between January and September this year compared to the same […]
Source link The revenues of the 42 American firms in the top 100 accounted for 51% of total weapons sales Sales of weapons and military services by the world’s top 100 arms makers totaled $597 billion last year, according to a report released by the Stockholm International Peace Research Institute (SIPRI) on Monday. US firms […]
Source link The country supplied 170,000 tons of confectionary in January-September, according to a RIA Novosti report Russian chocolate exports rose 9% in January-September year-on-year, making the country the 11th largest supplier worldwide, RIA Novosti reported this week, citing data from UN Comtrade and the national association of confectionary makers (Askond). In total, 170,000 tons […]