The Economic Turmoil Is Here to Stay
Scott Morrison has acknowledged that costs of ordinary things are rising. Still, he has emphasized that this is due to external reasons.
On Friday, Opposition...
Russia Rejects Germany’s Ruble Payment and Supply To Poland
Bloomberg reported that Russia's Gazprombank rejected a ruble payment from a trading business Germany had seized from Moscow.
The payment was for gas deliveries to...
Poland’s Biggest Gas Supplier Ceases Operations in Poland
On Wednesday, Russia will cut off gas supplies to Poland; it will escalate the stalemate between Moscow and Europe over energy supplies and the...
Here is How Coca-Cola, Music Venues, and COVID are related!
The two-year-long pandemic has had an immense impact on many companies and businesses. The popular beverage company Coca-Cola has been one of the impacted...
Japan To Increase Budget By $21B To Deal With Rising Costs
Japan's governing coalition agreed on a supplemental budget on Thursday to help lower-income people and small businesses, signaling additional spending for the massively indebted...
The Rising Yield On The US Treasury Heavily Impacts China ...
The 10-year Treasury yield in the United States has surged fast to three-year highs, closing the gap with its Chinese equivalent for the first...
China Saying Goodbye to its Signature Explosive Expansions
The tide in China's devastating real estate market may be shifting. Bond trading volumes and prices have risen in recent weeks, bolstered in part...
China’s 1st Quarter GDP Shocks The World With a 4.8% Surge
Despite the impact of Covid lockdowns in sections of the nation in March, China's first-quarter GDP expanded faster than projected, according to figures provided...
China’s Medium-Term Policy Rate Steady, For Now
Despite Beijing's request for further monetary stimulus to cushion an economic downturn, China's central bank left borrowing prices of its medium-term policy loan steady...
The COVID Blow Crashes China’s GDP Growth To 5.0% In 2022
China's economic growth would likely fall to 5.0 percent in 2022 because further COVID-19 outbreaks and faltering global recovery would put more pressure on...
China’s Commerce With Russia Is Slowing But Still Growing
Beijing condemned Western sanctions on Russia following its invasion of Ukraine; hence, China's overall commerce with Russia increased by more than 12% in March;...
Consumers in The US Paying More for Everything
Consumers in the United States are paying more for everything. In China, the problem of inflation is completely different.
According to experts, persistent inflation in...
Russia’s Economy Has A $3.4 Billion Buffer Thanks To Fuels
Despite this, S&P downgraded Moscow to selective default,' warning that the nation is unlikely to meet its foreign debt obligations. Since its war with...
The Russian Central Bank Dropped Interest Rate To 17%
On Friday, the Russian central bank slashed its benchmark rate to 17% and suggested more cuts were conceivable, citing emergency measures as having contained...
Why Will a Russia-Ukraine Agreement Be Tough to Achieve?
According to Francis Fukuyama, a senior scholar at Stanford University's Freeman Spogli Institute, finding a diplomatic solution to the crisis in Ukraine would be...