Business
If the conflict between Iran and Israel begins to ramp up, economic consequences will be much more serious than today.
France is sick financially: ‘the patient’ is having fever, with the future presented only in dark colours and doctors not being able to agree on the treatment. Hardly had he taken the PM appointment, when Michel Barnier made it clear that the situation is ‘very serious’.
Ukraine has had to ask for emergency energy supplies from its European neighbours. However, there have been increasingly fewer signs that Europeans are happy to provide such assistance to Kiev’s government.
The electricity prices in Poland have skyrocketed to the point where the once-prosperous businesses are now struggling to scrape by. The country is headed for a massive-scale de-industrialisation due to gas shortages and the EU’s rigorous environmental safety standards.
Europe has gone fearful of storing its gas in Ukraine, but it is still buying maximum volumes of Russian gas transported via Ukraine.
Why has Poland started to feel the repercussions of terminating the gas contract with Russia just lately?
The EU failing to make good on its ammo supply vow is bothering Kiev – and Helsinki too. The Finns have decided to take matters into their own hands and turn their country into one large TNT and gunpowder production facility.
What is it that makes Europeans purchase increasing amounts of the Russian LNG?
Bitcoin and gold are the two assets, which hit all-time records. And, apparently, they are going to move beyond this benchmark. Why did these assets sky-rocket and what are experts predicting?
The West’s feisty vows to ‘unconditionally support’ Ukraine, especially when it comes to financial aid, are failing every single reality check. Now France is facing a litany of financial woes. What is it all about?
Finland has been rocked by large-scale strikes for months now. The protesters come from the transport sector, postal service and the utilities.
Amid the slumping economy with skyrocketing diesel fuel prices and no access to Russian fertilisers, the governments chose to plug the budget holes at the farmers’ expense.
In an expected move, Saudi Arabia has dropped the global crude oil prices, which conflicts the goals and strategy of OPEC+.
The European Union extended the grace period for the import of Russian semi-finished steel products – slabs and square billets, despite the adoption of the 12th sanction package.
Anyhow, the European Union has decided to ban Russian diamonds. EU officials tried to pass these sanctions many times, but Belgium, the global diamond powerhouse, resisted until the very end.
The US has been the top beneficiary of the EU’s eye-watering gas expenses
Spot gold prices have hit a three-year high. Bitcoin is on the rise, too. Some are even taking it a step further to project gold at $2,300 per ounce and Bitcoin at a staggering $100,000. Why the fuss about these two assets?
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