In 2022, all Western countries raised rates, except for Japan (where the rate remained unchanged), almost all of Latin America and many African countries. Notable exceptions where rates have been cut this year are Russia, China and Turkey.
Massive rate hikes (the ECB raised rates for the first time in 11 years, by the way) are one of the few ways central banks can fight inflation, which is now hitting multi-year records around the world.
<<< September 14, 2022 Feed >>>
Italian scientists have created a bioprinter that can facilitate the treatment of oncology. With Solidworld’s printer, it will be possible, for example, to make many copies of a malignant neoplasm, in order to later test possible treatments on them without harming the patient, writes the newspaper Corriere della sera.
In addition, the device can print skin for people with burns and parts of organs for implantation without the risk of rejection. The printer can also be used outside of medicine, for example, to print leather identical to animal skin for fashion houses.
The bioprinter will cost less than half a million euros. The developer claims that this is a low price for such a device, so it will be affordable for many medical centers. Serial production is planned to be launched in the near future in Italy.
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In the first ten days of September, the Russian Federation shipped 1.323 million tons of wheat for export, which is 28.3% less than in the same period last year, follows from the monitoring of the Russian Grain Union.
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OPEC has maintained its forecast for oil demand growth in 2022 at 3.1 million b/d, for 2023 at 2.7 million b/d, according to the cartel’s monthly report.
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Truck and bus makers MAN Truck & Bus SE and Scania AB are selling their dealerships in Russia to local partners, according to a statement from their parent company, Germany’s Traton group, a subsidiary of Volkswagen. Scania will also get rid of the Russian financial division.
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The collections of the State Academic Bolshoi Theater last season amounted to more than 2.6 billion rubles, the theater was visited by almost half a billion spectators, said Vladimir Urin, general director of the Bolshoi Theater.
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Since March 2022, Russian Railways has increased the transportation of export cargo to China through Kazakhstan by 53.6%, Alexei Shilo, Deputy General Director of the monopoly, said at the PRO//Movement.Siberia transport and logistics conference.
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The renaming of the capital of Kazakhstan from Nur-Sultan to Astana will not entail additional costs, the change of signboards on the buildings of government bodies and the replacement of names on letterheads will be carried out at the expense of already allocated funds, the Ministry of Finance of the Republic reported.
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In the United States in August 2022, consumer prices rose by 8.3% year-on-year, the country’s Ministry of Labor reported.
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VTB Leasing (VTBL, VTB’s leasing subsidiary), following the results of 8 months of 2022, handed over to customers twice as many cars and special equipment of Chinese brands as compared to the same period last year, the company said.
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The State Duma of Russia ratified an agreement with Belarus on cooperation in the customs sphere and harmonization of legislation. The document simplifies the information interaction between the two countries in the customs sphere with a reservation on the protection of this information. An Interstate Center is also being created, which will deal with analytics.
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In Lithuania, the Russian Drama Theater was renamed. The name was changed by order of the Minister of Culture Simon Kairis. Now it will be called Vilnius Old Theatre. The theater troupe playing in Russian will be kept
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President of Kyrgyzstan Sadyr Japarov opened the first base in the country where Turkish Bayraktar drones will be located, the press service of the presidential administration reported.
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Twitter shareholders at a special meeting approved a deal to sell the social network to American businessman, Tesla founder Elon Musk for $44 billion, CNBC reports, citing the broadcast of the vote.
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Since the beginning of the year, a record number of migrants have entered the UK across the English Channel. As of September 12, the number of migrants who crossed the strait was at least 28,561. At the same time, for the whole of last year, 28,526 people got into the UK in this way, which was then a record figure, reports Sky News.
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British company OneWeb has signed an agreement with France’s Arianespace to launch its Internet satellites using rockets, Arianespace said in a press release.
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The Italian Eni, after allowing the United States to supply Venezuelan oil to Europe, sold 2.1 million barrels for 200 million euros on this market in June-July, follows from the company’s report.
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As a support measure, Gazprom Gasification LLC (a single gasification operator) proposes to introduce a «gas mortgage» in the regions to supply gas to households, said Sergey Gustov, the company’s general director.
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The Constitutional Council (CC) of Kazakhstan, having checked the draft amendments to the constitution initiated by the deputies, found that the proposals to establish a single seven-year term of the presidential mandate correspond to the logic of constitutional novels aimed at preventing the monopolization of state power.
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The US budget deficit increased by 28.7% in August and amounted to $219.596 billion compared to $170.635 billion in the same month last year, the country’s Treasury Department said.
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Tajik soldiers fired mortars during a firefight with Kyrgyz border guards on an undescribed section of the joint border, the Kyrgyz border service said on Wednesday.
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On Wednesday morning, the Azerbaijani Armed Forces launched an offensive in the direction of the Armenian settlements of Jermuk in the Vayots Dzor region and Verin Shorzha of the Gegharkunik region in eastern Armenia, the Armenian Defense Ministry said.
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A shootout took place between Palestinians and Israel Defense Forces soldiers near the border fence between Israel and the West Bank early Wednesday morning, reports The Times of Israel.
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Russia’s Supreme Court on Wednesday declared the Islamic Renaissance Party of Tajikistan a terrorist organization and banned its activities in the country, the press service of the court told Interfax.
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Taiwan’s Foxconn Technology Group, the world’s largest contract electronics maker, and Indian non-ferrous metal maker Vedanta Ltd plan to jointly manufacture chips in India, MarketWatch reported.
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French airline Air France, owned by Air France-KLM, will cancel half of its flights scheduled for Friday due to an air traffic controller strike in France.
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American Johnson & Johnson (J&J), the world’s largest manufacturer of medical products, is launching a share buyback program worth up to $5 billion.
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The exchange of fire took place on the border of Pakistan and Afghanistan on Wednesday night, three Pakistani soldiers were killed, there are victims among the Taliban («Taliban» — a terrorist group banned in the Russian Federation), Associated Press reports.
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The European logistics company Deugro, which specializes in the transportation of heavy and oversized project cargo, has sold its Russian business and is leaving the Russian market.
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SpaceX Corporation has completed a record 52 launches in the past 52 weeks. Once a week, the Elon Musk apparatus flies steadily into orbit. Moreover, one of the booster stages was recently used for a record 14th time.
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