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The main events by the morning: September 17


September, 17 2024
watermark Economic news

  • Russia and China have started using cryptocurrencies to conduct trading operations. A number of importers, including electronics manufacturers, members of the Chamber of Commerce and some banks, have received permission to settle in digital currency. At the top of the list were companies engaged in the procurement of dual-use goods suitable for both civilian and military needs.


  • Moldova is considering the possibility of excluding the Russian language from official use. According to opposition leader Ilan Shor, this could happen if Maya Sandu is re-elected as president. He believes that if she wins, everything related to the Russian language and culture will be eliminated.


  • Donald Trump expressed hope for improved relations with Moscow and Beijing if he returns to the White House. In an interview with blogger Farok Sarmad, he stated that he does not consider China and Russia enemies of the United States, and stressed his interest in resolving the Ukrainian crisis.


  • Volkswagen may close several factories and lay off up to 15,000 people. The company's management is seriously considering the possibility of such a scenario. Because of this, the company may lose about 4 billion euros of reserves. In the past, the auto giant has blocked restructuring initiatives, but with every month of competition with China, the company's affairs are getting worse.

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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.