The Supreme Court of the Netherlands has agreed to consider Russia's appeal against a lower court ruling, which awarded multi-billion-dollar compensation to former shareholders of the defunct Russian oil giant,...
June 19, 2020
The US Federal Reserve started buying corporate bonds this week as part of a $250 billion program funded by the CARES Act. The move aims to backstop corporations and their...
June 19, 2020
The head of the European Central Bank (ECB), Christine Lagarde, has warned of a major economic downturn for the European Union, leading to a surge in unemployment. The “EU economy...
June 19, 2020
Beijing plans to accelerate purchases of American agricultural products to comply with the US-China ‘phase one' trade agreement, Bloomberg has reported, citing sources. The report follows talks between US Secretary...
June 19, 2020
A steep drop in the US tight oil rig count, falling conventional production and sluggish oil demand will crush the US energy dominance agenda. US energy dominance is over. Output...
June 19, 2020
A steep drop in the US tight oil rig count, falling conventional production and sluggish oil demand will crush the US energy dominance agenda. US energy dominance is over. Output...
June 19, 2020
The White House fight with former national security adviser John Bolton is the latest chapter in a lengthy history of Washington book battles, yet it will likely define future cases...
June 18, 2020
The price of gold could exceed $1,920 an ounce by the end of this year, beating an all-time record set in 2011, according to Peter Hug, global trading director of...
June 18, 2020
Saudi Arabia is significantly cutting its crude oil exports to the US this month, with shipments likely to hit a 35-year low and reducing the overhang in US oil inventories,...
June 18, 2020
Those who held all the assets in 1971 became fabulously wealthy in America compared to those without assets, as the central bank began furiously printing money over the ensuing decades,...
June 18, 2020
Fitch Solutions has projected that Russia will grow its gold output and reserves in light of expanding US sanctions. That will lead to Russian gold production growth overtaking that of...
June 18, 2020
The US Labor Department's weekly jobless claims report shows that initial applications for state unemployment benefits totaled a seasonally adjusted 1.508 million for the week ended June 13. The figure...
June 17, 2020
The coronavirus crisis will become a “stress test for the global energy system,” resulting in major changes for the energy industry, said Secretary General of the World Energy Council Angela...
June 17, 2020
Optimism is rallying the markets, riding on hopes of a new treatment for Covid-19. Meanwhile, the US Federal Reserve started buying individual corporate bonds this week to alleviate the intense...
June 17, 2020
As tensions between Washington and Beijing continue to rise, Chinese companies have started scrapping their US listings in favor of alternative venues, particularly mainland China and Hong Kong. Data compiled...
June 17, 2020
The world's third-largest crude oil importer, India, plans to double its refining capacity by 2030 from the current 5 million barrels per day (bpd), Oil Minister Dharmendra Pradhan said at...
June 17, 2020
India will continue to reopen its economy, which is already showing signs of recovery in the wake of the Covid-19 pandemic, the country's Prime Minister Narendra Modi has said. Speaking...
June 16, 2020
North Carolina Republican legislators on Tuesday advanced measures to allow more types of businesses shuttered under Gov. Roy Cooper's COVID-19 executive order to reopen and to limit lawsuits by some...
June 16, 2020
North Carolina Republican legislators on Tuesday advanced measures to allow more types of businesses shuttered under Gov. Roy Cooper's COVID-19 executive order to reopen and to limit lawsuits by some...
June 16, 2020
Brussels has launched two antitrust investigations against Apple over its App Store rules and the Apple Pay platform. The regulator suspects that the tech giant's services may violate EU competition...
June 16, 2020
As stock market investors go euphoric for bankrupt, moribund companies, Max Keiser and Stacy Herbert note that there are other ways to look at the real world measured by ‘honest...
June 16, 2020
The Bank of Russia is set to further cut its interest rate to the lowest level in the country's recent history at a meeting later this week, with economists expecting...
June 16, 2020
The US Commerce Department has issued a change to its sweeping Huawei ban, saying that it will allow American companies to cooperate with the Chinese tech firm on setting standards...
June 16, 2020
The US Commerce Department has issued a change to its sweeping Huawei ban, saying that it will allow American companies to cooperate with the Chinese tech firm on setting standards...
June 16, 2020
The US Commerce Department has issued a change to its sweeping Huawei ban, saying that it will allow American companies to cooperate with the Chinese tech firm on setting standards...
June 16, 2020
While the coronavirus pandemic may become the last nail in the coffin of the US dollar's status as the primary reserve currency, the seeds of its inevitable decline were sown...
June 15, 2020
The Mississippi Department of Employment Security is seeing an influx of fraudulent unemployment claims, mirroring a concerning trend across the country, Gov. Tate Reeves said Monday. “These are all through...
June 15, 2020
The Mississippi Department of Employment Security is seeing an influx of fraudulent unemployment claims, mirroring a concerning trend across the country, Gov. Tate Reeves said Monday. “These are all through...
June 15, 2020
Despite US efforts to pressure Huawei, the Chinese tech giant has reportedly clinched the title of the world's largest smartphone manufacturer in April, surpassing long-time leader Samsung. For the first...
June 15, 2020
The US stock market took a dive on Monday, following the pattern of Asian and European stocks, as concerns mount over new coronavirus outbreaks in the United States and China....
June 15, 2020
The US stock market took a dive on Monday, following the pattern of Asian and European stocks, as concerns mount over new coronavirus outbreaks in the United States and China....
June 15, 2020
A new report by the United Nations Conference on Trade and Development (UNCTAD) predicts that foreign direct investment (FDI) may decline globally due to the Covid-19 pandemic. According to the...
June 15, 2020
A new report by the United Nations Conference on Trade and Development (UNCTAD) predicts that foreign direct investment (FDI) may decline globally due to the Covid-19 pandemic. According to the...
June 15, 2020
London's Gatwick Airport expects it may take four years for flight demand to recover, as the Covid-19 pandemic has severely crippled passenger flows and airlines are pulling their fleets out...
June 15, 2020
The world's fifth biggest economy, India, will rebound in 2022 following a deep contraction due to the coronavirus pandemic, S&P Global Ratings said. According to the report, growth is expected...
June 15, 2020
Stock markets in Europe opened lower on Monday after their Asian peers sank amid new coronavirus concerns. The negative sentiment comes after Wall Street suffered its worst weekly performance in...
June 14, 2020
In a rare example of something good coming from months of lockdown, French cheesemakers have accidentally discovered a new product that has become a hit among their customers. The coronavirus...
June 14, 2020
Iraq, which has had trouble keeping up with cuts it agreed on with other key crude exporters, known as OPEC+, has reportedly asked BP to reduce production at its supergiant...
June 14, 2020
The International Monetary Fund (IMF) may further downgrade its projections for economic growth this year as the coronavirus pandemic continues to have a domino effect on the entire global economy....
June 14, 2020
Stocks of bankrupt or near-bankrupt companies like car rental giant Hertz and Chesapeake Energy enjoyed epic rallies this week, even though equity holders will be the last in line to...
