If WeWork stumbles into bankruptcy, it will lead to restructuring and the continuation of operations. However, there would be mounting risks the co-working start-up could be entirely wound down. If that’s the case, commercial real […]
Russia’s central bank has hiked its key interest rate by 350 basis points to 12 percent, an emergency move to try and halt the rouble’s recent slide after a public call from the Kremlin for […]
India and the United Arab Emirates have started settling bilateral trade in their local currencies with India’s top refiner making payment in rupees for purchase of a million barrels of oil from the Middle Eastern […]
(Kitco News) – The gold market could see new bullish momentum as the world could see a new type of gold standard. Friday, according to state-run RT, the Russian government has confirmed that Brazil, Russia, India, China […]
Oil prices slid on Monday morning, with Brent falling below $86 per barrel and WTI trading at $82.31. China’s economic woes combined with a strong U.S. dollar are weighing on oil prices. OPEC+ production cuts […]
Authored by Peter Reagan at Birch Gold Group, Khashayar Kouchpeydeh In my first explainer about the BRICS nations, you met the players and you know why their decisions affect the global economy. But why do […]
A leading political economist has told Q+A there are reasons to be wary of the announcement that asset management fund BlackRock will launch a fund to invest in New Zealand’s renewable electricity generation. The Government announced last week it […]
Even President Joe Biden has some regrets about the name of the Inflation Reduction Act: As the giant law turns 1 on Wednesday, it’s increasingly clear that immediately curbing prices wasn’t the point. While price […]
Authored by Bruce Wilds via the Advancing Time blog, Roughly two and a half years ago it was predicted here on AdvancingTime that we might soon be witness to the first global inflationary depression. […]
Wall Street giant BlackRock just added the CEO of Saudi Arabia ’s national oil company, Saudi Aramco, to its board of directors. The New York Times headline announcing the move read, “ BlackRock Forges New Ties With Big Oil ,” giving the impression […]
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