Economy

S&P affirms Russia's sovereign rating  

The Standard & Poor's Global Ratings has left Russia's long-term foreign currency rating at “BBB-”, that is, at the bottom of the investment level. The relevant information was published in the agency’s …

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Trump planning Davos trip

U.S. President Donald Trump said he plans to attend the World Economic Forum in Davos. "I’m going to be going to Davos," the U.S. leader said following a ceremony at the White House.  "I’ll …

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Google parent company now worth $1 trillion

Google’s parent company Alphabet is now the fourth U.S. company to hit a market cap of $1 trillion. Apple was the first US company to hit a $1 trillion cap in 2018, followed later that year by Amazon (which has since dropped below …

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Belarus to continue gas talks with Russia

Belarus has plans to resume gas talks with the Russian Federation by the end of January, Belarusian Energy Minister Viktor Karankevich said. "We have plans to hold talks in January. We have enough of gas. Our …

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OPEC expects lower global demand for oil

OPEC said it expects lower demand for its crude oil in 2020 even as global demand rises. The United States will see total liquids output exceed a 20 million barrel per day (bpd) milestone for the first time, the OPEC forecast in …

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