Six weeks into the war with Ukraine, Russia’s economy seems to be holding up better than initially expected. Despite unprecedented sanctions and an exodus of Western companies, the Russian ruble – a widely followed indicator…
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Since the invention of Bitcoin in 2009 the global cryptocurrency market has grown from nothing to a value of around US$2 trillion. From a price of US$1 in 2011, Bitcoin rose to an all-time high…
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© Reuters. U.S. President Joe Biden returns a salute as he steps from Marine One upon arrival at the White House in Washington, U.S., April 11, 2022. REUTERS/Kevin Lamarque By Alexandra Alper WASHINGTON (Reuters) -U.S.…
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Inflation continues to surge at the fastest pace since the early 1980s, placing more pressure on the Federal Reserve to lift interest rates. The consumer price index, a broad measure of prices of goods and…
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Federal Reserve board member Lael Brainard said on April 5 that Fed policy-makers could start shrinking its balance sheet “at a rapid pace” from May. Brainard declared that “it is of paramount importance to get…
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© Reuters. FILE PHOTO: The shadow of a worker is seen next to a logo of Russia’s Rosneft oil company at the central processing facility of the Rosneft-owned Priobskoye oil field outside the West Siberian…
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It has emerged that Chancellor Rishi Sunak’s wife, Akshata Murty, claims non-domicile (or “non-dom”) tax status, meaning that she does not have to pay UK taxes on income earned elsewhere. This revelation has drawn criticism,…
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When astronomers dream of their ideal telescopes, it’s not that different to what people want from their TVs and computer monitors. Images they produce should be large and high definition, such as those from the…
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FSB Secretary General discusses potential risks to financial stability from rising commodity prices in an interview on BBC Radio 4 Today Programme. by : Source link
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© Reuters. By Peter Nurse Investing.com — Oil prices dropped sharply Monday, with the contract falling below $100 a barrel as plans to release a record volume of crude from strategic stocks and prolonged Covid-19…
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