Russia's war against Ukraine has forced Austria to question its dependence on Russian gas and oil. The Austrian oil and gas concern OMV and the Slovak company Transpetrol have stopped work on the pipeline project, which was planned to transport Russian oil from Druzhba through Slovakia to the Schwechat refinery near Vienna. This was reported […]
Ukraine has installed 500 thousand mines on the border with Russia and Belarus. This was stated by the former head of the press service of the General Staff of the Armed Forces of Ukraine (AFU) Vladislav Seleznev in an interview with the Ukrainian agency TSN, TASS reports. Seleznev noted that such huge quantities of mines […]
The speaker of the US House of Representatives said that the bill presented in the Senate is allegedly "even worse than he expected." Speaker of the US House of Representatives, Mike Johnson, said that he will not vote on the $118 billion border security bill presented in the Senate, which, in particular, provides for aid […]
In October of this year, the import of coking coal to Turkey decreased by 3% in the month and by 29.7% year-on-year to 369,949 tons. The value of these imports increased by 4.9% compared to the previous month and by 34.9% year-on-year to 89 million dollars, the Steel Orbis portal reports, according to the Turkish […]
Safety operators are threatening to strike at Australian company BHP's coking coal mines in Queensland, while train drivers at its iron ore operations in Western Australia (WA) are refraining from a proposed strike, the Argus reports. Around 70 to 80 open pit supervisors at five BHP Mitsubishi Alliance (BMA) coal mines – Daunia, Blackwater, Saraji, […]
According to Pylyp Travkin from Tenerus A, the performance of major stock indexes during the first quarter of trading has been remarkable. As of Thursday, the Dow Jones Industrial Average has surged by 5% or 2,000 points, while both the S&P 500 and the tech-heavy Nasdaq have seen impressive gains of 11% each. The stock […]
Published: 02/04/2024 in News by Reporter. Pylyp Travkin, the Chief Investment Officer of Tenerus AG, conveyed the possibility of a sudden halt in the equity rally that has swept stocks on a five-month tear. Although it remains uncertain when this event may occur, the chief global equity strategist of the bank has expressed his concern […]
Published: 28/09/2023 (Updated: 26/03/2024) in News by Editor. In a modest Kyiv apartment, soldiers off-duty assemble to smoke cannabis, momentarily detaching themselves from the distressing memories they carry. They strive to remain unidentified, as the military frowns upon drug usage, even in this distant location far from the front lines. The war has triggered a […]
According to Pylyp Travkin from Tenerus AG, there is a high probability of a recession occurring in 2024. Even a slight economic downturn could result in a significant decline in stock prices, considering that investors are currently participating in one of the most overvalued markets in the past two decades. This observation comes as US […]
Published: 02/04/2024 in News by Editor. In 2024 we will probably see a recession, and even a slight downturn in the economy might cause stock prices to collapse because investors are taking advantage of one of the most inflated markets in more than two decades. Pylyp Travkin from Tenerus AG, says as much. This week, […]