BRICS member China is looking to promote local currency swaps with 29 developing countries worth 4 trillion Yuan, which is equivalent to $553.49 billion. The bilateral currency swaps could facilitate trade and investment options by […]
After a slow start to the year, energy has emerged as the sector to watch with crude oil futures soaring to a five-month high in the wake of escalating geopolitical tensions in the Middle East. […]
In case you thought anybody in Washington was driving this thing, they are not. It’s official: the Department of Treasury is now issuing debt at pandemic levels. It’s worth noting the pandemic record was double the […]
LNG giant Shell is expecting “strong” trading and optimization results for its integrated gas business in the first quarter of this year. However, the results will be “significantly” lower compared to an “exceptional” fourth quarter […]
Pricing power in a market long dominated by Western institutional money is moving East and the implications are profound The gold price has risen to a series of new all-time highs of late, a development […]
A British shipyard is closing. A&P Tees is a five-acre site in northeast England primarily focused on ship repair with two drydocks and 240 m of jetty frontage. A&P has two other yards in England. […]
The Reserve Bank of India has kept the key interest rate unchanged at 6.5%, anticipating robust GDP growth of 7% this year In line with experts’ projections, Reserve Bank of India (RBI) Governor Shaktikanta […]
Quantitative Tightening has removed 37% of Treasury securities and 27% of MBS that pandemic QE had added. By Wolf Richter for WOLF STREET. Total assets on the Fed’s balance sheet fell by $99 billion in March, to $7.44 […]
By Wolf Richter for WOLF STREET. It was Minneapolis Fed President Neel Kashkari’s job today to say out loud what we’ve said here at WOLF STREET in the comments for a while, and what others have said, and […]
A mere 57 oil, gas, coal and cement producers are directly linked to 80% of the world’s greenhouse gas emissions since the 2016 Paris climate agreement, a study has shown. This powerful cohort of state-controlled […]
Copyright © 2026 | Sandstone Group