Tag: Commodities

© Reuters. Russia Oil Ban, China Reboot Risk Driving Fresh Inflation Boost (Bloomberg) — Europe’s planned ban on Russian oil imports and the easing of Covid-19 restrictions in China threaten to add a fresh jolt to surging consumer prices. European Union leaders agreed on Monday to pursue a partial ban on Russian oil imports to…

© Investing.com By Geoffrey Smith Investing.com — The pain of high oil prices is being felt around the world and, as so often before, it looks like the only cure for high prices is…high prices. In nominal prices at least, Gasoline prices are at record highs. Crude oil, meanwhile, touched $120 a barrel on Monday.…

© Reuters. FILE PHOTO: Russian Finance Minister Anton Siluanov speaks to reporters after talks with major Russian firms representatives in Moscow, Russia August 24, 2018. REUTERS/Tatyana Makeyeva/File Photo (Reuters) -Russia is considering paying Eurobond holders by applying the mechanism it uses to process payments for its gas in roubles, though investors said the move would…

© Reuters. FILE PHOTO: Duomo’s cathedral and Porta Nuova’s financial district are seen in Milan, Italy, May 16, 2018. REUTERS/Stefano Rellandini MILAN (Reuters) – Italy’s business lobby Confindustria forecasts an almost 2% hit on the country’s gross domestic product (GDP) on average per year in 2022 and 2023 in case of a stop of natural…

A scientific analysis commissioned by the FBI shortly before agents went digging for buried treasure suggested that a huge quantity of gold was below the surface, according to newly released government documents and photos that deepen the mystery of the 2018 excavation in remote western Pennsylvania.The report, by a geophysicist who performed microgravity testing at…

The Ukrainian military’s devastating defeat of a large Russian force as it tried to cross a river in eastern Ukraine, along with other serious Russian losses, has sparked increasing criticism among pro-Russian milbloggers and commentators, including a Russian veterans group that is now urging Russian President Vladimir Putin to declare war on Ukraine and mobilize…

2/2 © Reuters. FILE PHOTO: Cars drive past the King Abdullah Financial District in Riyadh, Saudi Arabia, November 12, 2017. REUTERS/Faisal Al Nasser 2/2 By Dmitry Zhdannikov DAVOS, Switzerland (Reuters) -Saudi Arabia’s policy on fiscal sustainability would ensure that reserves do not fall below a certain percentage level of the country’s gross domestic product, its…

© Reuters. FILE PHOTO: A man walks outside The Federal Reserve Bank of New York in New York City, U.S., October 12, 2021. REUTERS/Brendan McDermid WASHINGTON (Reuters) -The Fed’s stock of Treasury bonds and mortgage backed securities is projected to decline by roughly $2.5 trillion by mid-2025, to about $5.9 trillion, when the central bank’s…

WASHINGTON (AP) — When Gail Curley began her job as Marshal of the U.S. Supreme Court less than a year ago, she would have expected to work mostly behind the scenes: overseeing the court’s police force and the operations of the marble-columned building where the justices work.Her most public role was supposed to be in…

© Reuters. FILE PHOTO: Labels are seen on Canada Goose jackets in a store in Manhattan, New York City, U.S., February 7, 2022. REUTERS/Andrew Kelly (Reuters) -Canada Goose Holdings Inc forecast annual earnings and revenue above Wall Street expectations after reporting a surprise quarterly profit on Thursday, encouraged by strong demand for its luxury parkas…