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Defense Stocks on the Rise Amid Russia Conflict
3 years ago
Stocks News
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, ...
Defense Stocks on the Rise Amid Russia Conflict
3 years ago
Stocks News
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, ...
Defense Stocks on the Rise Amid Russia Conflict
3 years ago
Stocks News
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, ...
Russian Oligarchs and Ordinary Citizens Feeling the Pinch of Sanctions
3 years ago
Last News
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 ...
Western Companies Ditch Russia
3 years ago
Last News
Russia pushed through a hasty presidential decree designed to stop a wave of capital outflows from Western companies selling up in the country. Foreign companies are leaving in droves. Some are trying to physically disinvest from Russia while others have ...
Russia Feels the Bite of Sanctions
3 years ago
Last News
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 ...
Global Economy Still Reeling as Sanctions Bite Russia
3 years ago
Economy News
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
3 years ago
Cryptocurrency News
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’s surging adoption of cryptocurrencies, like Bitcoin. Crypto market watchers ...
Global Economy in Turmoil as Russia Attacks Ukraine
3 years ago
Economy News
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%. ...
Ukraine Crisis Escalates with Closure of Gas Pipeline, Sanctions
3 years ago
Last News
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 ...
Investors Jittery Despite Solid Earnings
3 years ago
Stocks News
Positive corporate earnings data is pouring into Wall Street, but it is not doing much to calm the nerves of investors who are fixated on increasing inflation, the Fed’s next move, and events in Ukraine. Earnings growth for S&P 500 ...
Asian Currencies Lifted by Hopes of Ukraine Summit
3 years ago
FOREX News
Asian currencies showed positive signs on Monday, after risk appetite improved on US and Russian plans for a summit on the Ukraine crisis. The South Korean won and the Thai baht climbed about 0.2%, while the Philippines peso and the ...
UK Inflation at Near 30-Year High
3 years ago
Economy News
The sterling edged upwards after the UK’s inflation numbers soared to a nearly 30-year high, prompting widespread expectations that the Bank of England (BoE) would further hike interest rates. The annual rate of consumer price inflation rose to 5.5% in ...
Miami Emerges as Crypto Epicenter
3 years ago
Cryptocurrency News
Blockchain-based venture capital transactions continued to surge in 2021, with Miami emerging as the surprise epicenter of this growth. Investment in this overall sector rose by an impressive 2,061% in 2021, according to an analysis of tens of thousands of ...
Euro Leads Market Rebound on Cooling Ukraine Tensions
3 years ago
FOREX News
The euro rallied in Tuesday’s trading on news that Russia announced it would pull back some of its troops from the Ukraine border. However, no sooner had the currency jumped 0.45% did it soften to $1.1347 on the news of ...
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