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Latest Economic News

China will build the world's largest hydroelectric power station in Tibet

December, 26 2024

China has planned to build the world's most powerful hydroelectric power plant in southern Tibet, state media reported. The government has approved a dam project on the Yarlung Tsangpo River, which flows through the Xinjiang Autonomous Region.According to forecasts, the new HPP will produce about 300 billion kWh of electricity per year, which will allow it to overtake the famous «Three Gorges» hydroelectric power station in terms of capacity.In addition, this project is important for the impleme... Read More

Latest Economic News

China will build the world's largest hydroelectric power station in Tibet

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OPEC+ is considering options for a greater increase in production

Experts called Russia the only significant gas supplier to the EU

US stock exchanges are growing after GDP data

The energy crisis in China has hit the industrial sector

Musk advised the US authorities not to regulate cryptocurrencies

Analysts suggest that Evergrande may become another «black swan»

The US stock market fell sharply on Tuesday

The gas price in Europe crossed the $1000 mark for the first time in history

Brent rose above $80 per barrel for the first time since October 2018

The expert explained why China is strengthening control over cryptocurrency

Apple and Tesla stopped production in China because of the energy crisis

Economic calendar | September 27 – October 1

Oil has reached the highest in three years

The number of applications for unemployment benefits in the US has increased again

Expert: The collapse of Evergrande will hit US stocks and real estate

The US Federal Reserve announced the curtailment of incentives

IFO lowered the forecast of German GDP growth to 2.5%

Goldman has launched an ETF competitor to the Katie Wood Fund

Poland was sentenced to a daily fine of 500 thousand euros

Oil is getting more expensive amid several factors

The Wall Street is slightly recovering after a record fall

Gold is getting more expensive as a protective asset

Experts predicted the dynamics of bitcoin until the end of the year

Economic calendar | September 20 – 24

JPMorgan: S&P 500 to grow another 6% by the end of the year

Katie Wood: tenfold growth of Bitcoin is possible in 5 years

Gold weakly declines amid uncertainty over Fed stimulus

Oil prices are rising on data from the API

Annual inflation in the USA slowed down to 5.3% in August

Oil price accelerates growth after the publication of the IEA report