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Brent crude to plunge due to supply glut, World Bank warns
Oil prices could be in for a rough ride, with prices potentially plummeting. According to the World Bank, Brent crude oil could average $73 per barrel in 2025, marking...
Eurozone growth beats forecasts, preliminary data shows
The European economy is fighting hard to stay afloat, and the latest figures show that its efforts are paying off. According to Eurostat, the eurozone's gross domestic product grew...
Anti-Russian sanctions pose threat to global economy
Anti-Russian sanctions put the global economy in jeopardy, Le Monde cited an expert conclusion. Tightening sanctions against Russia, particularly in relation to oil, will negatively impact the world’s poorest countries...
Stimulus measures in China to boost demand for BTC
Arthur Hayes, former BitMEX CEO, has detected an interesting correlation. He anticipates that demand for Bitcoin will surge with the stimulus of the Chinese economy. In his article titled Let’s...
Germany braced for export crisis
According to estimates by analysts at the Munich Institute for Economic Research (IFO), Germany's industrial sector exports are expected to decline sharply over the next six months. What a nuisance...