finances

Apple Pay becomes available to Mir cardholders

Holders of Mir cards can use Apple Pay starting from Tuesday, according to press service of the payment system. Every Apple Pay transaction is secured by innovative iPhone technologies. Payment is available for iPhone and Apple Watch …

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Bitcoin drops below $30K

Bitcoin dropped below $30,000, breaking below a trading range that had held for the past four weeks and potentially setting up the largest cryptocurrency for deeper price declines. The cryptocurrency was trading around $29,998 at …

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Russia among leaders in budget stimulation in G20

Russia is holding a leading position among the Group of Twenty (G20) countries in terms of budget stimulation, and the fiscal impetus in the country was 6.3% of GDP in 2020, Finance Minister Anton Siluanov said in the article posted in the …

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Georgia to receive $67 mln in grants from U.S.

Georgia and the U.S. have signed a grant agreement earlier today through which Georgia will receive $330 million via USAID over the course of five years to promote the country’s sustainable development, create jobs, strengthen …

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Russia's Magnit to acquire Dixy retailer

Russian food retailer Magnit MGNT.MM has reached an agreement to acquire 100% of shares in the Dixy retail chain, including 2,651 of its stores in Moscow, St Petersburg and other regions, Magnit said on Tuesday. The deal price …

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Work on Nord Stream 2 can continue in German waters

Work to complete the subsea Nord Stream 2 gas pipeline can go ahead in German waters, Germany’s federal maritime regulator BSH said on Monday. Two environmental groups had in January filed complaints with BSH against a move to …

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Russia has basis for analogue of SWIFT

Russia has a basis for creating an analogue of the SWIFT payment system, Russian Foreign Minister Sergei Lavrov said. "The basis [of an alternative to SWIFT] exists. And I am convinced that both the government and the Central Bank …

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WHO: $1.96 bln needed for new COVID-19 response plan

The World Health Organization (WHO) announced the launch of its "Strategic Preparedness and Response Plan 2021" for the COVID-19 pandemic that would require $1.96 billion in support from its member states. According …

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Biden cancels funding for Trump border wall

U.S. President Joe Biden has rescinded the national emergency order used to fund Donald Trump's border wall. In a letter to Congress on Thursday, Biden wrote that the order was "unwarranted" and said that no further tax …

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Bitcoin continues to soar with new all-time high

The price of Bitcoin gained 3.7% during the trading session reaching the highest level of $48,168, a fresh all-time high, according to the trading data. As of 11:11 am, the Bitcoin price equaled $47,800 (+2.91%). Tesla’s …

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Armenia's central bank raises refinancing rate

Armenia's Central Bank has decided today to raise the refinancing rate by 0.25% setting it at 5.5%. According to the press service of the regulator, the pawnshop repo rate provided by the Central Bank was 7%, and the rate on funds …

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Why Kazakhstan joined new investment partnership with Uzbekistan, US

The governments of Kazakhstan, Uzbekistan, and the United States have launched the Central Asia Investment Partnership under the umbrella of the C5+1 format, in order to promote private-sector growth and strengthen regional economic cooperation, The Diplomat writes in the article Why Kazakhstan Joined New Investment Partnership With Uzbekistan, US. The new initiative comes at a time when Kazakhstan is looking to diversify its economy to deal with the effects of the coronavirus pandemic and achieve its long-term goal of becoming one of the most developed nations by 2050

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