In its annual report of “outrageous predictions” for the new year, Saxo Bank is predicting 2023 will be a wild ride, with wartime economic policies, Britain voting to rejoin the EU, French President Emmanuel Macron […]
Capital Economics says Japan, the third-largest economy in the world, is likely to enter a recession next year. The warning came in an interview with CNBC Tuesday, as the nation’s inflation rate hit the highest […]
The New Development Bank (NDB) of the BRICS group of major emerging economies has welcomed Egypt to the Brics alliance, according to an announcement by the Egyptian government Wednesday. Established in 2014, the New Development […]
Britain’s farmers are sounding the warning, saying huge price hikes in products they use have left them in a dire situation, and could precipitate a food supply crisis which will spread across the nation, according […]
According to a new release from construction company PipeChina, the East Route natural gas pipeline leading from Russia to China has seen a critical leg of its construction completed. The section will allow gas transit […]
Some of the largest banks in America are seeing their shares fall sharply following a brief overperformance rally, with shares of Goldman Sachs Group (GS) clawing back almost all of their losses from earlier in […]
The new defense bill has authorized up to $10 billion in security assistance for Taiwan, as well as fast-tracked arms procurement for the island nation, amid continued Chinese military threats of reunification. The bill stopped […]
Honda (HMC) may be heading toward an enormous recall of its vehicles in the near future. The National Highway Traffic Safety Administration (NHTSA), the US automobile safety agency, has opened a preliminary investigation into safety […]
Oil has continued its decline, settling below $80 on Wednesday, at prices not seen since last January. Analysts point to weak demand, amid fears of a global economic slowdown, or even recession. European benchmark Brent […]
At its latest meeting the alliance of OPEC and its allied countries, including Russia, also known as OPEC+, has decided to not change its production quotas for member countries. Analysts say the cartel has decided […]
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