Russia is going to settle fertilizer trade in RMB

International Business News – Recently, there is news that, in addition to the RMB settlement business with India, Russian officials, when reporting to the Russian president not long ago, said that they would use RMB to […]

Fed announces rate hike by 75 basis points

The U.S. Federal Reserve announced on June 15, local time, that it would raise the benchmark interest rate by 75 basis points to an annual level of 1.5-1.75%. This is the largest rate hike by […]

Baker Hughes stops servicing Russian LNG projects

According to the Russian “Kommersant” on the 16th, citing sources, the American Baker Hughes company stopped providing services for all Russian LNG projects. In addition, there are plans to recall service engineers for a range […]

Russian ruble surges 200% against dollar

It has plummeted by about 50% and rebounded by nearly 200%. Since the beginning of this year, the exchange rate of the Russian ruble against the US dollar has been on a “V”-shaped roller coaster. […]

Biden considers removing increased tariffs on China

On June 5, U.S. Commerce Secretary Gina Raimondo said in an interview with CNN that President Biden has asked the Commerce Department to consider canceling some of the tariffs that former President Trump imposed on […]

International oil prices turn from rising to falling

As investors took profits after oil prices rose, international crude oil futures prices rose in the overnight market. On the 6th, intraday fluctuations weakened and turned from up to down. At the close, international oil […]