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Investors Pivot from Russia to Emerging Economies

Investors Pivot from Russia to Emerging Economies

Economy news
2 years ago

With Russia no longer a market that investors can enter since the invasion of Ukraine, other emerging economies have started to take on new appeal. Several major US index providers have removed Russian stocks from their indexes. Trading shares of...

Global Bond Yields Increase on Inflation Fears

Global Bond Yields Increase on Inflation Fears

Stocks news
2 years ago

Yields in the global bond market spiked on Tuesday as investors braced for the inflationary impacts of the war in Ukraine, with central banks expected to begin aggressive monetary tightening moves. The yield on 10-year Australian notes jumped eigh...

War in Ukraine Threatens Global Food Crisis

War in Ukraine Threatens Global Food Crisis

Commodities news
2 years ago

Global wheat prices hit an all-time high last week. Wheat supplies from Russia and Ukraine, which together account for almost 30% of global wheat trade, are starting to dwindle. Another major looming problem is access to fertilizers. Global fertil...

Gold Price Swings as Investors Seek Safe Haven

Gold Price Swings as Investors Seek Safe Haven

Commodities news
2 years ago

Gold continues to play a key role in the global economy, first in the fight against inflation and now in Russia’s invasion of Ukraine. The metal fell by the biggest margin in seven months amid a large selloff in commodities after a top Ukrai...

Biden Orders Study of Crypto Risks

Biden Orders Study of Crypto Risks

US President Joe Biden signed an executive order Wednesday establishing the first-ever federal strategy on cryptocurrencies, the White House said. Citing the fact that 16% of all Americans have invested in cryptos, the study will investigate six p...

List of Companies Leaving Russia Keeps Growing

List of Companies Leaving Russia Keeps Growing

Last news
2 years ago

Russia is becoming increasingly isolated as sanctions and operating boycotts continue to be ratcheted up.  Large American companies McDonald's, Starbucks, PepsiCo and Coca-Cola have all announced they will be suspending operations in Russ...

Euro Struggles as Ukraine Conflict Start to Bite

Euro Struggles as Ukraine Conflict Start to Bite

FOREX news
2 years ago

The euro fell to a nearly two-year low against the US dollar as commodity-dependent currencies hit multi-month highs after Russia’s invasion of Ukraine raised oil prices. The euro slid by about 1% to $1.0822, its lowest since May 2020. The c...

Stocks Fall After the US and Allies Consider Banning Russian Oil

Stocks Fall After the US and Allies Consider Banning Russian Oil

Commodities news
2 years ago

Stocks around the world tumbled as the US and its allies mulled over banning Russian oil, a last-ditch move that could have devastating effects on the global economy. Oil prices soared to their highest level in 13 years, prompting widespread fears...

Defense Stocks on the Rise Amid Russia Conflict

Defense Stocks on the Rise Amid Russia Conflict

Stocks news
2 years ago

No matter when the conflict in the Ukraine comes to an end, analysts are convinced we have entered into a period of increased defense spending. The STOXX Europe Total Market Aerospace and Defense Index has risen 5% this year. Meanwhile, the S&...

Russian Oligarchs and Ordinary Citizens Feeling the Pinch of Sanctions

Russian Oligarchs and Ordinary Citizens Feeling the Pinch of Sanctions

Last news
2 years ago

Ordinary Russians are preparing for a dramatic shift in their standard of living as their savings diminish in value and imports of everyday goods are quickly being cut off. Already dealing with long lines at ATMs for cash, Russians are facing the...

Russia Feels the Bite of Sanctions

Russia Feels the Bite of Sanctions

Last news
2 years ago

Russia began feeling the bite of a raft of tough global sanctions as its economy lurched into serious trouble. The Russian ruble crashed to a record low against the US dollar, losing 25% on Monday after depreciating by 40% last week. The Russian c...

Global Economy Still Reeling as Sanctions Bite Russia

Global Economy Still Reeling as Sanctions Bite Russia

Economy news
2 years ago

The global economy was still in turmoil at the start of the second week of Russia’s invasion of Ukraine, with most markets losing value as investors remained deeply shaken. On Wall Street, Dow futures slid 1.7%, nearly 600 points. Meanwhile,...

Bitcoin’s Surprising Role in Russia Crisis

Bitcoin’s Surprising Role in Russia Crisis

The full force of the West’s economic sanctions did not appear to dissuade Russian President Vladimir Putin from launching a large-scale invasion of Ukraine.  The surprising “get-out-of-jail-free” card has been Russia’...

Global Economy in Turmoil as Russia Attacks Ukraine

Global Economy in Turmoil as Russia Attacks Ukraine

Economy news
2 years ago

The global economy went into a tailspin on the morning that Russia attacked Ukraine, ending weeks of diplomatic efforts to avert the crisis. US stock futures plunged on Thursday. Dow futures were down as much as 780 points, or 2.4%. S&P 500 an...

Ukraine Crisis Escalates with Closure of Gas Pipeline, Sanctions

Ukraine Crisis Escalates with Closure of Gas Pipeline, Sanctions

Last news
2 years ago

The conflict in Ukraine finally spilled over into concrete action, with Germany announcing the suspension of the Nord Stream 2 gas pipeline and the US declaring sanctions on Russia. Germany said it was halting certification of the Nord Stream 2 ga...

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