Inflation in France has peaked, but is expected to stay at a high level for several more months before progressively decreasing, according to the country’s Finance Minister Bruno Le Maire. The rate reached 5.2% in May. “By end-2023, we should see a progressive decline of inflation. We could have an …
Read More »So China’s peaked and is now in decline? The West is engaging in wishful thinking if it really believes Beijing’s rise is over
On Saturday, Xi Jinping made a speech celebrating the 110th anniversary of the 1911 Revolution, an upheaval which brought an end to the Chinese Imperial system and established ‘The First Republic of China’. Although this state was not the start of the current People’s Republic, the legacy nonetheless remains important …
Read More »CB: the debt load of Russians peaked in 2012
The Central Bank has fixed the maximum since 2012 the level of debt load of Russians, 10.6 percent. Just credit bondage climbed about 40 million people. While loans in the Bank the Russians are already taking the most minimal consumer needs – the purchase of medicines, food and clothing, experts …
Read More »NBU reserves peaked in early 2014
At 1 September foreign exchange reserves of the National Bank amounted to $18,03 billion. International reserves of Ukraine on September 1, according to preliminary data, amounted to $18,03 billion (equivalent). As noted by the national Bank of Ukraine (NBU) on the official website, the last time the reserves exceeded the …
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