Review of financial and economic press: Head of the Federal Reserve Bank of New York called the three risk factors for higher interest rate

Newspaper. ru

The head of the Federal Reserve Bank of New York William Dudley called the main risks of interest rate increase, reports Reuters. In particular, he called the stability of the dollar, the impact of international developments in the economic and financial spheres as well as the risks associated with the haste of these solutions. He also expressed his opinion about the possible tightening approach in the monetary sphere.

Deutsche Bank entered the top ten worst results of the stress test

Deutsche Bank was recognized as one of the worst credit institutions in Europe as a result of the stress test. This is stated in the report of the European Banking Supervision Service (EBA).

Exxon Mobil's quarterly profit fell 59%

Exxon Mobil announced a 59% fall in quarterly profit for April - June 2016 due to lower raw material prices, reports Reuters.

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Air France strike touched 150 thousand passengers

Due to the cancellation of about 900 flights Air France suffered losses of tens of millions euros

BBC

Theresa May promising to defeat the "evil of modern slavery"

Theresa May said that Britain will lead the fight against modern slavery and promised that ridding the world of this "barbaric evil" will be one of the priorities of her premiership.