Armenia, Azerbaijan and Russia are closing in on the opening of transport communications in South Caucasus, according to Prime Minister Nikol Pashinyan. The Prime Minister told a Cabinet meeting on Thursday, February 3 that the first tangible result of a special working group engaged in the matter will emerge soon. The Deputy PMs of Armenia, … Read more
The CBS Business Cycle Tracer has declared the improvement of the economic situation in January.Despite rises and falls, the situation is stable, with 10 out of 13 indicators showing performances above their long – term trend.
Thirteen key macroeconomic indictors are used by the CBS Business Cycle Tracer to monitor the economic situation in Holland. Macroeconomic picture, presented by this tool, is rather coherent, but can’t be applied equally in all cases.
Among negative factors, deteriorated consumer and producer confidence
can be cited.
In November services became the main thing that consumers spent their money on.
That month the total amount of export has shown a growth by 8.7 %. It was especially seen on the example of chemical, metal products and transport equipment. Compared to November 2019, the increase was by 10.2 %.
In November 2021, investments in tangible fixed assets increased by 1.9 %. Especially high were investments in dwellings and buildings, while investments in passengers cars and infrastructure were lower. Investments fell by over 1% compared to November 2019.
The Dutch manufacturing industry generated more average daily output by 10.6% than in November 2021.
The quantity of bankruptcies reached its historically low level in December (30 fewer cases). The expence of owner – occupied dwellings rose up by 20.4 % compared to the last year. Employers worked 3.5 billion hours more in Q3 2021 (1.8% more than in Q2 2021). Unemployment decreased to 369 thousand in the period from October to December.
Open vacancies showed a growth by 45 thousand at the end of September.
The turnover at temporary employment agencies increased by 2.8 percent compared to the previous quarter.
Gross Domestic Product rose by 2.1 % in Q3 2021 compared to Q2 2021, because of the rise of household and public
consumption.
In 2021, Uzbekistan exported 75.2 thousand tons of persimmon to 12 countries for $34.4 million. According to the State Statistics Committee, persimmon exports decreased by 22.2 thousand tons compared to 2020. Over the year, the republic exported persimmon mainly to the following countries: Kazakhstan – 38.2 thousand tons Russia – 30.2 thousand tons Turkmenistan – … Read more
The Bank of England will be forced to revise up its forecasts for inflation for the fourth consecutive time, when it updates it outlook today. The central bank’s monetary policy committee is expected once again to raise its projections for inflation in its quarterly monetary policy report — previously called the Inflation Report — which … Read more
Ukraine’s NNEGC Energoatom and the Organization of Canadian Nuclear Industries (OCNI) have signed a memorandum of cooperation in the nuclear energy sector, Ukrinform reports, referring to the press service of Energoatom. “NNEGC Energoatom and the Organization of Canadian Nuclear Industries (OCNI) reaffirmed their partnership by signing a Memorandum of Understanding on cooperation in the field … Read more
Construction crews began building the gas interconnection between the southern Serbian city of Nis and the border with Bulgaria at Tuesday’s ground breaking ceremony attended by state officials. The 109 kilometer Serbian section of the pipeline will cost 85.5 million Euro and will be paid for with a 25 million Euro loan from the European … Read more
Russia’s energy supplies to China have reached record highs, same as trade turnover between the two countries, Kremlin Aide Yury Ushakov told reporters prior to the upcoming visit of the Russian leader to the People’s Republic of China on February 4. “Energy supplies to China have reached record highs. More than 15 bln cubic meters … Read more
The Customs Service has registered large collections in last January – more than 1.9 billion lei, which is by 417 million lei (28 per cent) more against the same period of the 2021 year and by 477 million lei (33 per cent) more against January 2020. According to the institution, during the last month, 44,088 … Read more
As of January, the economic situation according to the CBS Business Cycle Tracer has improved. The outlook has had ups and downs in recent months and is on average fairly stable. Statistics Netherlands (CBS) reports that as of January, 10 out of the 13 indicators in the Business Cycle Tracer are performing above their long-term … Read more
The European Bank for Reconstruction and Development (EBRD) invested $630 million in 18 projects in Kazakhstan in 2021, reported the bank’s press service. Forty percent of projects are aimed at promoting the green economy. The EBRD will also support Kazakhstan in implementing its long-term cooperation strategy to achieve carbon neutrality by 2060. Overall, the bank … Read more