There Is A Giant Illusion For The Majority Of Market Commentators Choosing Not To See It

There Is A Giant Illusion For The Majority Of Market Commentators Choosing Not To See It By Michael Every of Rabobank Holy Illusions Hands up how many of you had 528K down as your US...

Why The West Is Easing Its Sanctions On Russia

Why The West Is Easing Its Sanctions On Russia Authored by Irina Slav via OilPrice,com, While the EU remains determined to punish Russia for its invasion of Ukraine, a shortage of...

Africa to bear brunt of Ukraine crisis, 40 million people worldwide face food insecurity, says U.S

DAKAR -The United States' ambassador to the United Nations Linda Thomas-Greenfield on Friday said Russia's invasion of Ukraine will cause 40 million people to become food insecure and that...

Infuriated China Cancels Bilateral Meeting With Japan Over G-7 Statement On Taiwan

Infuriated China Cancels Bilateral Meeting With Japan Over G-7 Statement On Taiwan In the latest significant sign of fast deteriorating Japan-China relations, China's foreign ministry...

Canada trade surplus widens on record energy exports, but seen narrowing

By Ismail Shakil and David Ljunggren OTTAWA -Canada's trade surplus with the world widened to C$5.05 billion ($3.94 billion) in June as exports of energy products reached a record high but...

G7 Shows United Front Against China Military Drills Near Taiwan

G7 foreign ministers have condemned China's "threatening" behavior toward Taiwan, as exercises begin that the island says are a de facto blockade.

Analysis-As inflation bites, Japan's PM finds unlikely ally in labour unions

By Tetsushi Kajimoto and Leika Kihara TOKYO - As Japan faces its first major battle with inflation in decades, Prime Minister Fumio Kishida is extending a rare olive branch to labour unions, who...

What Happens to the National Debt After Secession?

The topic of secession has become increasing more common in recent years as various regions and minority populations (e.g., California and Texas) has openly suggested breaking away from the United...

Factbox-What will Liz Truss do if she becomes UK prime minister?

LONDON - Foreign Secretary Liz Truss is leading the race to become Britain's next prime minister, with two opinion polls putting her well ahead of former finance minister Rishi Sunak. Below are...

G7 mulls options to restrict Russian oil profits

LONDON -The Group of Seven (G7) wealthy nations is looking at blocking the transportation of Russian oil among other options to deprive Moscow of bumper revenues amid its invasion of Ukraine,...

What Happens Next? Nobody Knows

"What Happens Next? Nobody Knows – But It Doesn’t Look Good At All" By Michael Every of Rabobank Dire Straits So, there is no longer any Nancy Drew Mystery. US House Speaker Pelosi...

G7 mulls options to restrict Russian oil profits

The Group of Seven (G7) wealthy nations is looking at blocking the transportation of Russian oil among other options to deprive Moscow of bumper revenues amid its invasion of Ukraine, unless it...

EU, UK Fold? Delay Cutting Off Russia From Oil Insurance Market

EU, UK Fold? Delay Cutting Off Russia From Oil Insurance Market Authored by Tsvetana Paraskova via OilPrice.com, The EU and UK insurance ban was to be a much bigger deal than the...

Why The US Is Desperate For A Russian Oil Price Cap

Why The US Is Desperate For A Russian Oil Price Cap By Tsvetana Paraskova of OilPrice.com International oil prices are set to spike later this year when the EU ban on providing...

DexCom Tumbles 12% After Earnings Miss, Analysts Say Plunge 'Greatly Exaggerated'

By Senad Karaahmetovic Shares of DexCom Inc plunged more than 12% in premarket Friday following weaker-than-expected Q2 results. DexCom reported an adjusted EPS of 17c to miss on the expected...

Futures Surge Propelled By Stellar Tech, Energy Earnings

Futures Surge Propelled By Stellar Tech, Energy Earnings US and European stock were set for their best month since November 2020 following blowout earnings from the likes of Amazon...

Oil prices edge up on low inventories, high gasoline demand in U.S

By Arathy Somasekhar SINGAPORE - Oil prices edged up on Thursday, extending gains from the previous session, buoyed by lower crude inventories and higher gasoline demand in the United...

The G7 is looking to cap Russian oil prices by December as China and India show interest in minimizing import costs,...

For the G7's price cap to be effective, top buyers of Russian oil must be onboard as well.

U.S. Treasury official says IMF SDR lending pledges reach about $58 billion

WASHINGTON - Pledges from wealthier International Monetary Fund members to lend IMF Special Drawing Rights reserves to poorer countries through two IMF trust funds have reached about $58 billion,...

G7 aim to have price cap on Russian oil in place before Dec 5

By Jan Strupczewski BRUSSELS - The Group of Seven richest economies aim to have a price-capping mechanism on Russian oil exports in place by Dec. 5, when European Union sanctions banning seaborne...

G7 aim to have price cap on Russian oil in place before Dec 5

The Group of Seven richest economies aim to have a price-capping mechanism on Russian oil exports in place by Dec. 5, when European Union sanctions banning seaborne imports of Russian crude come...

IMF: UK set for slowest growth of G7 countries in 2023

The UK is set for the slowest growth of the G7 richest economies next year. The International Monetary Fund has warned of a slowdown in the UK's growth. The UK is expected to grow by just 0.4% in...

IMF: UK set for slowest growth of G7 countries in 2023

The UK is set for the slowest growth of the G7 richest economies next year. The International Monetary Fund has warned of a slowdown in the UK's growth. The UK is expected to grow by just 0.4% in...

IMF: UK set for slowest growth of G7 economies in 2023

The IMF cuts its UK forecast for 2023 and says the global economy is "teetering on the edge" of recession.

Xi Sends Biden "Message Of Sympathy" After Catching COVID

Xi Sends Biden "Message Of Sympathy" After Catching COVID Chinese President Xi Jinping has reached out to President Joe Biden, sending him best wishes for a "speedy recovery" on...

Russia Will Not Sell Oil To Countries That Cap Price

Russia Will Not Sell Oil To Countries That Cap Price While the dumbest guys in the room - that would be energy advisors to the Biden admin (including Burisma consultant Hunter Biden),...

EU moves closer to imposing more sanctions on Russia

BRUSSELS (AP) — The European Union moved closer to imposing more sanctions on Russia after its 27 ambassadors backed a series of measures to ban gold imports and tighten export controls on some...

Saudi Arabia Reveals Upper Limits Of Oil Production Nears As World Structurally Short

Saudi Arabia Reveals Upper Limits Of Oil Production Nears As World Structurally Short Saudi Arabia, the world's largest crude oil exporter, doesn't have enough production capacity to...

Could Russia Avoid Sanctions With Its Own Oil Benchmark?

Russia's oil producers, its central bank, and relevant ministries are working to launch a national trading platform for Russian oil in October this year. The goal would be to attract enough...

Russia plans to create oil benchmark to foil a price cap, report says

Russian officials and oil producers are in discussion to create a global benchmark for Russian crude. The initiative been sped along by talk of a price cap on Russian oil, a source told Bloomberg....

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