Today, the Fear & Greed Index is 24. The level of fear has increased significantly from «Fear» to «Extreme Fear» compared to yesterday.
The Fear and Greed Index analyzes the current market sentiment, which is represented as a simple number between 0 and 100. 0 means «Extreme Fear» and 100 means «Extreme Greed».
— Extreme fear can be a sign that investors are too worried. This could be a good opportunity to buy an asset.
— When investors become extremely greedy, it means the market needs a correction.
The index is calculated using volatility (25%), market momentum/volume (25%), social media (15%), dominance (10%), Google trends (10%) and poll (15% — currently suspended) factors .
<<< August 30, 2022 Feed >>>
In just eight minutes, Federal Reserve Chairman Jerome Powell caused a market crash that cut the wealth of America’s richest people by $78 billion.
Powell used his speech at the Fed’s annual policy forum in Jackson Hole, Wyoming, to confirm that the US central bank will continue to raise interest rates and will likely keep them elevated for a while to bring down inflation.
In the first half of 2022, the 500 richest people in the world lost $1.4 trillion, writes Bloomberg.
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Two people were killed during the dispersal of a demonstration in Baghdad by Iraqi security forces, 19 were injured. In Iraq, a curfew has been imposed throughout the country in connection with the unrest in the capital.
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The Finnish manufacturer of telecommunications equipment Nokia will finally cease operations in Russia, according to Reuters. The interlocutor of the agency said that by the end of the year the vast majority of employees in Russia will leave Nokia, the company’s offices will be vacated. The official presence of the company in the country will last until «the legal closure is completed.»
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In the near future Georgia will become a part of the European payment system SEPA (Single Euro Payment Area). According to Prime Minister Irakli Garibashvili, after joining SEPA, “Georgian citizens and legal entities will no longer have to use the services of correspondent banks or intermediary banks to make payments and transfers in the EU,” since SEPA “harmonizes payment services and the work of providers in Europe «.
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According to the Russian Post report for the first half of 2022, the company’s cumulative loss increased six times compared to the same period last year. At the same time, sales revenue increased by 2.7% — from 104.1 billion rubles. up to 107 billion rubles.
Operating expenses, as follows from the report, increased by 24% compared to the same period in 2021, to 131.4 billion rubles. The biggest loss comes from investments in joint ventures. It amounted to 3 billion rubles. compared to 191 million rubles. in the first half of last year.
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Maersk, the world’s largest container operator, parted ways with its stake in Russian ports, selling 30.75% in Global Ports to the Delo group, which already owns a similar stake. APMT, which is part of Maersk under the terms of the deal, retains the opportunity to renew its partnership with the Delo group.
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For the first half of 2022, the expenses of the Pension Fund of Russia on the maternity capital program decreased by 3.2 billion rubles, to 191.5 billion rubles, the Accounts Chamber indicated.
This happened because, despite the increase in the size of the payment, the number of its recipients decreased by 12.6%. In turn, this is due to a decrease in the birth rate, to support which, at one time, the program for the issuance of mother capital was launched.
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The collegium of the Russian Foreign Ministry has determined the vectors for the redistribution of the ministry’s personnel resources in the new realities, emphasis will be placed on expanding cooperation with the CIS, the Asia-Pacific region (APR), the Middle East, Africa and Latin America, the Russian Foreign Ministry reports.
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The net profit of PJSC RusHydro under IFRS in the first half of 2022 decreased by 25.5% compared to the same period last year, to 30.01 billion rubles, follows from the company’s report. Adjusted for non-monetary items, net profit amounted to 35.3 billion rubles, RusHydro reported.
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The net loss of PJSC Sollers Auto under IFRS in the first half of 2022, attributable to the owners of the group, amounted to 1.091 billion rubles against a profit of 277 million rubles a year earlier, the company said
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PJSC United Aircraft Corporation (UAC) in the first half of 2022 increased its net loss under IFRS by 13.5 times compared to the same period in 2021, to 13.2 billion rubles, follows from the company’s financial statements.
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Pussy Riot members Maria Alyokhina, Lucy Stein and Taso Pletner have been detained in Switzerland for spraying anti-war graffiti. This was reported to Present Time by the producer of the group Alexander Cheparukhin. The band is currently performing in Switzerland. The members of Pussy Riot did not have time to finish the graffiti.
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In the first half of 2022, the volume of microcredits issued in Russia increased by 20%. According to the Central Bank, the average rate of microfinance organizations on loans within 30 thousand rubles for 30 days is 353%.
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Norway will help provide Ukraine with gas in the autumn-winter period.
«We are monitoring the situation and are proposing to spend 2 billion crowns (over 200 million euros) on the purchase of gas by Ukrainians in autumn and winter,» Norwegian Prime Minister Jonas Gahr Støre said.
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S7 Airlines has received government permission to export two Boeing 737 MAX 8 aircraft to Turkey by the end of the year. Russian airlines began asking the Ministry of Transport to return some aircraft abroad in July. S7 explained the request for a refund by “lack of a certificate” and the impossibility of operating the aircraft in Russia
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Scientists from Sechenov University taught AI to recognize depression by the tone and speed of human speech. In fact, in the future, we will simply be able to send ordinary voice messages to the algorithm, and it will identify whether it is time to contact a specialist.
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The coal-fired power plant Heyden 4, located in North Rhine-Westphalia, was restarted on Monday morning. It is one of the largest coal-fired power plants in Germany — it started operating in 1987, but has recently been on standby, occasionally generating electricity for the stability of the network, according to the Tagesschau news program.
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The Board of Directors of Rusal at a meeting recommended that shareholders pay dividends for the first half of 2022 at the rate of $0.02 per ordinary share. This could be Rusal’s first dividend payment since 2017
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Rostec State Corporation has completely withdrawn from the list of founders of Pharm Aid Ltd, established jointly with Ishvan Pharmaceutical from the UAE. This structure intends to build a plant worth 9 billion rubles in the Kaluga region by 2025. for the production of vaccines developed by the Indian pharmaceutical industry.
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The French Engie said that Gazprom had notified it of a reduction in gas supplies due to disagreements on contracts. The company assured that it had already secured the fuel supplies it and its customers needed. EU gas storage facilities filled up to almost 80% two months ahead of schedule. Engie received about 150 million cubic meters from Gazprom. m per month.
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Iranian authorities have temporarily closed the border with Iraq for security reasons, Iranian Deputy Interior Minister Majid Mirahmadi said. This decision was made against the backdrop of riots that began in Baghdad. According to local media, the death toll has risen to 30 people. Over 700 were injured.
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Latvia will strengthen checks of Belarusians and Russians when issuing visas and residence permits. During an additional check, the degree of risk to state security or public order from an entering citizen of the above countries will be assessed. The corresponding decision was made by the Ministry of Internal Affairs of Latvia
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Finnish customs began to confiscate cash euros from Russians when entering Russia through border checkpoints. According to one of the Russians who crossed the border, the customs officers suggested that he either give the money to someone entering Finland or leave it for storage at the checkpoint. The EU has previously banned the import of euro cash into Russia
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According to Rosstat, in seven months of 2022, 26% less potash fertilizers were produced in Russia than a year earlier. The situation is different with other types of fertilizers: in seven months of 2022, 2.6 million tons of phosphate fertilizers were produced in Russia, which is 0.4% more than in the same period of 2021, and 6.9 million tons of nitrogen fertilizers — by 3. 5% more than in January-July 2021.
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The American ExxonMobil has notified of its intention to sue Russia if it is not allowed to withdraw from the Sakhalin-1 project, the WSJ learned. In August, Putin signed a decree prohibiting investors from «unfriendly» countries from withdrawing from strategic projects until the end of 2022.
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The issues of purchasing Turkmen natural gas under the current contract and expanding cooperation in this area on a long-term basis were discussed on Monday at a meeting between President of Turkmenistan Serdar Berdimuhamedov and Chairman of the Board of Gazprom PJSC Alexei Miller, the State News Agency of Turkmenistan reports.
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Three new departments have been created in the Russian Ministry of Agriculture, they will deal with selection and seed production, land reclamation, as well as regulation in the field of fisheries and aquaculture (fish farming), according to the website of the department.
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YouTube (owned by Alphabet Inc.) key executive Robert Kinkle, who has been involved in the development of the platform from an early stage, is stepping down.
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The most economical option for renting an apartment in «old» Moscow was «odnushka» in Golyanovo for 25 thousand rubles a month, calculated in Inkom-Nedvizhimost. The total area of the apartment is 32 sq. m, kitchen size — 5 sq. m.
The apartment is freshly renovated, all the necessary furniture and household appliances are available, the balcony is glazed. This offer is addressed to one or two tenants, pets are not allowed.
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Wintershall Dea of Germany and Equinor of Norway have outlined an integrated NOR-GE CCS project to transport CO2 from continental Europe for subsequent storage on the Norwegian continental shelf, according to a joint press release.
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In Iran, it is now possible to pay for car imports with cryptocurrency instead of US dollars or euros. The authorities approved the relevant law, which, among other things, introduces regulations regarding the mining industry. Actually, the cost of the first import order using cryptocurrency has already amounted to about $10 million.
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