In a worst-case scenario, the world would be plunged into a recession and lose $1 trillion in GDP The global economy would fall into recession with oil prices skyrocketing if Iran were to get involved […]
A Treasury bond auction saw weak demand on Thursday amid fears soaring US debt will overwhelm Wall Street. The US sold $20 billion of 30-year bonds, but dealers had to take up more supply after […]
The escalation of the Israel-Palestine conflict could exacerbate challenges already facing the world economy, Jamie Dimon has said The continuing conflict between Russia and Ukraine coupled with the escalation of Israel-Palestine hostilities could have far-reaching […]
The economic crisis in Argentina is deepening, with two out of five people living below the poverty line Argentina’s central bank on Thursday hiked the country’s benchmark interest rate for the sixth time this year, […]
Bitcoin miners use an estimated 348 terawatt hours of electricity per year, and with the world increasingly moving to renewables, some are asking the question: just where does Bitcoin get its electricity? To answer that question, Visual Capitalist’s […]
Authored by John Cody via Remix News, Germany’s governing coalition may be increasingly on shaky ground after the astounding string of election losses of the Free Democrats (FDP), the smallest partner in the country’s three-party […]
The acquisition of Pioneer Natural Resources, Exxon’s largest since its merger with Mobil in 1999, increases the company’s presence in the Permian basin in Texas and New Mexico. Exxon Mobil announced on Wednesday that it […]
Authored by Felicity Bradstock via OilPrice.com, Investments in ESG, popularized in 2020 and 2021, are seeing disappointing returns, causing concern among financial experts. Recent trends show withdrawals from sustainable funds, with companies like Blackrock and […]
Daily Standup Top Stories Oil Prices, Energy Stocks Surge After Attack on Israel. Here’s What Comes Next. October 9, 2023 Mariel Alumit Oil prices were climbing sharply on Monday in reaction to the attack on Israel by […]
(Bloomberg) – Global financial markets already rattled by elevated interest rates now face a fresh dose of geopolitical uncertainty following Hamas’s surprise attack on Israel. Saturday’s strike and Israel’s subsequent declaration of war risk unnerving […]
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