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Chinese officials to visit Washington early in administration of Joe Biden

Chinese officials to visit Washington early in administration of Joe Biden

China is planning to send to the US its high-ranking people to settle important economic issues. The Chinese authorities have made such a decision amid hopes that President-elect Joe Biden will be open to new talks.The US-China relations entered a deadlock during the presidency of Donald Trump. The  US aggressive policy led to a full-scale trade war between the countries.
14:59 2021-01-22 UTC+00
NYSE changes plan to delist Chinese companies

NYSE changes plan to delist Chinese companies

The shares of the Chinese telecom giants will not be removed from the New York Stock Exchange. Official sources report that the change in course happened after consultation with regulatory authorities that have not yet made a final decision on the ban. So, negotiations are still in progress. Three Chinese telecommunications companies, China Telecom Corp. Ltd., China Mobile Ltd.
14:56 2021-01-22 UTC+00
ECB sticks to growth projections despite new lockdowns

ECB sticks to growth projections despite new lockdowns

Most European analysts have come to terms with a grim outlook for the local economy in 2021. However, there are those who remain optimistic, hoping for a bright future.European Central Bank President Christine Lagarde is one of those who are not ready to give up. The regulator is sticking to its growth projections against all the odds. In December, the bank estimated a 3.
14:18 2021-01-22 UTC+00
Only Big Mac Index still believes in ruble

Only Big Mac Index still believes in ruble

The majority of Russians, especially the older generation, still suspiciously look at McDonald's restaurants. Funny enough, the Big Mac Index is the only gauge where the US dollar still costs 23 rubles. The Big Mac index was invented in 1986 as a lighthearted guide to measuring the purchasing power parity between two currencies.
13:49 2021-01-22 UTC+00
Fed's Beige Book unveils slow recovery of US economy

Fed's Beige Book unveils slow recovery of US economy

According to the US Federal Reserve's Beige Book, the US economy has been expanding at a slower pace for some time. The employment level is mostly negative in almost all twelve federal states. There is no need to be an economic guru to understand that such a grim picture is due to the coronavirus pandemic and lockdowns across the country.
13:43 2021-01-22 UTC+00
Apple faces lawsuit for not removing Telegram from App Store

Apple faces lawsuit for not removing Telegram from App Store

According to the Washington Post, nonprofit group Coalition for a Safer Web sued Apple, demanding that it remove Telegram, a controversial messaging app, from its App Store. In its lawsuit, filed at the US District Court for the Northern District of California, the Coalition refers to extremist conversations that flooded the messenger ahead of the US Capitol siege.
12:01 2021-01-22 UTC+00
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