Economy
Moscow/Sputnik: The world's most popular cryptocurrency, Bitcoin, has hit a new all-time high of more than $25,000, trading data shows. more
Belgium hopes trade with Russia to return to Pre-COVID levels soon : Ambassador

Moscow/Sputnik: Andrei Savenkov Belgium hopes that bilateral trade with Russia will rebound to the pre-COVID-19 levels after experiencing a contraction this year due to the pandemic, new ...

Sharp declines in trade and FDI but Asia-Pacific performs better than rest of the world in 2020

Bangkok/ESCAPnews:The emergence of the COVID-19 pandemic, coupled with increasing trade tensions and an already slowing global economy, have paved the way for the world’s worst econ ...

Washington adds China’s SMIC to entity list

Washington: The Bureau of Industry and Security (BIS) in the Department of Commerce (Commerce) added Semiconductor Manufacturing International Corporation (SMIC) of China to the Entity Li ...

China's move to ban Australian coal backfires

Beijing/Canberra: China's trade war with Australia seems to have backfired and left Beijing in trouble especially with the ban imposed on Australian coal.

Moscow budget loses more than $8.2bln in 2020 amid pandemic: Mayor

Moscow/Sputnik: The budget of the Russian capital is expected to have lost more than 600 billion rubles ($8.2 billion) this year to curbing the impact of the coronavirus pandemic and redu ...

Australia formally requests WTO probe into China's 80% tariff on barley

Canberra/Sputnik: Australia has formally asked the World Trade Organization (WTO) to launch an investigation into China's 80% tariff on barley after attempts to privately resolve the ...

EU parliament approves extra $57.9bln package to help states mitigate COVID consequences

Moscow/Sputnik: The European Parliament on Wednesday approved the REACT-EU proposal to provide additional 47.5 billion euros ($57.9 billion) to EU member states to help them cope with the ...

First glimmer of hope in decades for Black Sea and Mediterranean fish stocks

New York:The number of fish stocks subject to overexploitation in the Mediterranean and Black Sea has fallen for the first time in decades, offering some hope that a dangerous decline can ...

ILO study finds migrants earn much less than locals, and the gap is widening

New York: The gap between wages paid to migrant and national workers is big and growing, and may widen further because of the pandemic, the International Labour Organization (ILO) said in ...