Sunday, May 3

Economy

The share of the euro currency in global cross-border settlements via the SWIFT messaging system last month declined to an all-time low, transaction data compiled by the global financial service showed on Thursday.

Global prices for crude oil jumped by as much as 3.5% shortly after Israel carried out a series of strikes on Iran in the early hours of Friday.

The majority of Russians believe the world will be dependent on artificial intelligence (AI) in the near future, while 39% fear their jobs could be replaced by the technology, a survey by VTB bank has found.  

International ratings agency S&P Global downgraded Israel’s long-term credit rating on Thursday, citing the risk of a military escalation with Iran.

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