Ford, CATL mull workaround for new US battery plant with US-China tensions high Michigan has emerged along with Virginia as a potential home of the multibillion-dollar facility. Bloomberg News December 15, 2022
Following in the Fed’s footsteps, moments ago the Bank of England raised interest rates by the expected 50bps, the ninth increase in a row to a 14-year high of 3.5%, pressing ahead with efforts to […]
US futures extended declines on Thursday following hawkish signs from the Federal Reserve that it would keep rates higher for longer even as it pushed the US economy into a stagflationary recession. Contracts on the […]
By Ven Ram, Bloomberg markets live reporter and analyst Here are the broad contours of what the markets expect from the European Central Bank’s policy review: Decision: For quite some time now, interest-rate traders have […]
The Biden administration is mulling stepping up the US troop presence inside Ukraine as part of a program to attempt to track the billions of dollars in weaponry being handed out to its forces. However, […]
Thousands of tech workers laid off every single week as the Silicon Valley ponzi crumbles under the weight of the Fed’s rate hikes? Not according to the Department of Labor, which moments ago reported that […]
From: The Bottom Line Officials in the United States look upon Africans as people “in need of help” or people who “need to be told what to do”, and this is destroying relations between Africa […]
After a slew of weak data, US Industrial Production did not do anything to help matters as it fell 0.2% MoM (worse than the 0.0% expected) – its weakest MoM drop since Sept 2021. […]
If you think American politics couldn’t get worse, then hold my beer. The White House seems to have caught a bout of the British disease — a weird and muddled energy policy. You can read the […]
Europe is buying almost 50% more U.S. coal as winter approaches and the Russian invasion of Ukraine drags on, increasing the percentage of U.S. coal shipped to Europe to the highest level since 2016. The […]
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