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According to RIA Novosti: A senior Russian diplomat said that Russian and US representatives plan to hold another round of meetings in a third country in the next two weeks.On February 22, French central bank governor and ECB board member Francois Villeroy said in an interview published on Saturday that the European Central Bank may reduce its deposit rate to 2% by this summer. He said, "From where we are today, we may reach 2% by this summer." Villeroy also reiterated that industry consolidation among European banks may make them more competitive at the global level. On January 30 this year, the European Central Bank cut its deposit rate by 25 basis points to 2.75%. As concerns about sluggish economic growth replaced concerns about continued inflation, policymakers hinted at further interest rate cuts in March.On February 22, according to the automotive news website Electrek, Alef Aeronautics, a company invested by Musk, recently successfully demonstrated the take-off capability of its electric flying car in front of the public. Jim Dujovny, CEO of Alef, said that this successful take-off is not only a recognition of the companys ten years of efforts, but also a declaration to the world of the feasibility of a new mode of transportation. He emphasized that Alef is committed to creating a new era of transportation. At present, Alefs electric flying car has received 3,300 pre-orders, and the estimated price is about US$300,000.According to RIA Novosti: Russian Deputy Foreign Minister Ryabkov said that Russia has not yet received an agreement from the new ambassador to Washington.A Honda Motor executive dismissed a potential partnership with Foxconn, citing the limited benefits it would bring.

Trading Strategies

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

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