The euro fell below parity with the US dollar for the second time in just over a month on Monday as investor fears of a Eurozone recession mount. The single currency slid to as low as $0.9935, before paring some losses. That’s one of the lowest levels in two decades …
Read More »Bitcoin plunges below $30,000 amid broader cryptocurrency market sell-off
The top cryptocurrency lost more than 6% on Tuesday, trading around $29,700, with rivals ethereum and XRP losing 9% and 11% respectively, CoinDesk data shows. The drop in crypto prices followed a major sell-off on global stock markets, with the Dow Jones Industrial Average having its worst performance since October …
Read More »Bitcoin dips below $36k amid concerns of impending ‘death cross’
The crypto was trading down more than 5% on Saturday, at $35,697 per coin. Its value has almost halved from April’s record peak of about $65,000 a token. Traders forecast $32,500 as the next stop before it revisits its low of $30,000. Bitcoin’s slump comes as traditional markets faced another day …
Read More »Giant diamonds, buried miles below Earth’s surface, could explain superdeep earthquakes, new study reveals
The study follows earlier hypotheses on superdeep earthquakes and explores whether water stored hundreds of kilometers below the Earth’s surface may be responsible for the phenomena. An earlier explanation, although partially discounted as scientists didn’t know why there would be water 300km below the Earth’s surface, suggested that fluid in …
Read More »Underwater telescope placed below Siberia’s Lake Baikal as Russian scientists aim to detect particles from billions of years ago
Launched on Saturday, Baikal-GVD will attempt to detect the subatomic matter arriving from outer space, with the aim of discovering where it originates from. The high-energy cosmic particles are incredibly difficult to find, and placing the device in a large body of pristine water, where there are no impurities, increases …
Read More »During the pandemic, the proportion of Russians with incomes below 15 thousand rubles increased to 45%
According to the results of a survey conducted by SK “Rosgosstrakh-life” and the scientific and technical center “Perspektiva”, during the pandemic coronavirus, the proportion of Russians with average income below 15 thousand rubles increased from 38,1% to 44.6%. About it writes RBC. It is clarified that the survey was attended …
Read More »Identifies areas where most people live below the extreme poverty
In 2019 in poverty (income below the subsistence minimum) lived 12.3% of Russians, or almost 18 million people. This is less than 2018 (12.9 per cent). It is reported by RIA “Novosti” with reference to experts, who ranked the regions according to income. The minimum poverty level 5.6% recorded in …
Read More »“The situation is catastrophic”: gas Prices in Europe fell below the point of profitability “Gazprom
“The situation is catastrophic”: gas Prices in Europe fell below the point of profitability of “Gazprom” The European gas market continues to roll down the ramp, updating historical lows against the background of the influx of LNG, the crowded stores and quarantine measures. The largest gas hub of the EU …
Read More »The price of Russian oil fell below $ 10
The price of Russian Urals oil for delivery in Rotterdam fell below $ 10. As of Tuesday night, April 21, it was trading at 9.5 dollars per barrel, according to The Bell. The price of Urals is calculated with a discount of the cost of standard grade Brent, which began …
Read More »Rosstat: 26% of children live below the poverty line
In Russia 26% of children under the age of 18 live in families with incomes below the subsistence minimum. It is reported by RBC with reference to the study of Rosstat “Socio-economic indicators of poverty.” Calculations made on the basis of the data for 2017. The proportion of children living …
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