International financial news

S&P upgrades Cyprus’ credit rating

S&P upgrades Cyprus’ credit rating

The upgrade of the credit rating of the Republic of Cyprus by one notch, from "BBB-" to "BBB" was announced…

Egypt’s economic needs increase the urgency of a deal with the IMF

Egypt's struggle to win back investors in local debt is increasing the urgency of the government's deal with the International…

Welt: The day after the Nord Stream shut down in Germany

It is not certain when gas will flow through Nord Stream 1 again, Welt notes. But Germany is braced for…

Welt: The natural gas levy imposed by the German Ministry of Economics is full of mistakes

Economy Minister Robert Habeck's gas levy is riddled with errors, according to Welt am Sonntag, which has information showing interest…

USA: The Biden administration is considering limiting US investment in Chinese technology

The Biden administration is considering moves to curb U.S. investment in Chinese tech companies amid rising tensions between the U.S.…

Kyiv says it is ‘ready’ to expand its energy exports to Germany

Ukraine wants to support Germany on its path to independence from Russian energy supplies by providing nuclear power. "Currently, Ukraine…

EU: The Commission intends to present a new instrument that will protect the internal market in the event of a crisis

Brussels is to present by mid-September the draft of a new instrument, the aim of which will be to protect…

Paris Club Says Ready to Start Sri Lanka’s Debt Relief Process

Ready to start the debt relief process for Sri Lanka, the Paris Club said on Friday, according to Reuters. It…

Gazprom completely stopped the flow of natural gas in Nord Stream – ‘Discovered’ a technical problem

LAST UPDATE: 21.09 The Russian state energy giant Gazprom announced that the Nord Stream 1 natural gas pipeline, which connects…

Ireland: Corporation tax revenue surges in August – Country on track to achieve budget surplus

Ireland collected about twice as much revenue from corporate taxes as projected, data showed on Friday, further bolstering a government…