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Economy

Russia Confirms Missile Strikes in West Ukraine as Biden Visits Poland

March 27, 2022 - 12:53 pmMarch 27, 2022 - 11:51 am by Nick R. Hamilton

The Russian government has confirmed that it launched missile attacks in West Ukraine near the border with Poland.

Categories Economy, News Tags Business, Lviv, News, Russia, Ukraine 2 Comments

China Sees ‘Unprecedented’ Cash Outflows after Russia’s Invasion of Ukraine, IIF Reveals

March 25, 2022 - 12:36 pmMarch 25, 2022 - 11:52 am by Nick R. Hamilton

Communist China is seeing “unprecedented” cash outflows after Russia launched its invasion of Ukraine, the Institute of International Finance (IIF) has revealed.

Categories Economy Tags Business, China, Global Markets, News Leave a comment

Russia to Accept Bitcoin Payments for Oil and Gas Exports

March 24, 2022 - 11:44 am by Frank Bergman

A top Russian government official has just announced that Russia is to begin accepting payments in Bitcoin for its oil and gas exports.

Categories Economy, News Tags Bitcoin, Energy, Gas, Oil, Russia 1 Comment

Reuters Cuts Ties with State-Backed Russian News Agency TASS

March 23, 2022 - 12:22 pmMarch 23, 2022 - 11:51 am by Nick R. Hamilton

International news agency Reuters has cut ties with Russian government-backed news outlet TASS, according to reports.

Categories Economy Tags Business, News, Propaganda, Reuters, Russia, TASS 1 Comment

Pfizer Recalls Blood Pressure Drugs for ‘Above Acceptable’ Levels of Cancer-Causing Impurity

March 22, 2022 - 11:51 am by Nick R. Hamilton

Pharmaceutical giant Pfizer has announced that it has recalled batches of its blood pressure drug products due to high levels of cancer-causing impurity.

Categories Economy Tags Big Pharma, Business, Cancer, News, Pfizer Leave a comment

OneWeb Launching Satellites with Elon Musk’s SpaceX after Cutting Ties with Russian Agency

March 21, 2022 - 11:51 am by Nick R. Hamilton

British satellite communications company OneWeb has announced it will resume satellite launches with Elon Musk’s SpaceX after cutting ties with a Russian agency.

Categories Economy Tags Business, Elon Musk, News, OneWeb, SpaceX Leave a comment

Russia Fires 9000mph Hypersonic Missiles at Ukraine for First Time

March 19, 2022 - 11:51 am by Nick R. Hamilton

Russia admitted on Saturday that it has fired hypersonic missiles into Ukraine to destroy Ukrainian military assets.

Categories Economy, News Tags Business, Hypersonic Missiles, News, Russia, Ukraine Leave a comment

Top Fed Official Calls for Interest Rates Raised above 3% Before End of 2022

March 18, 2022 - 12:26 pmMarch 18, 2022 - 11:51 am by Nick R. Hamilton

Federal Reserve Bank of St. Louis President James Bullard is calling for the Fed to raise interest rates above three percent before the end of 2022.

Categories Economy Tags Business, Federal Reserve, Inflation, Interest Rates, James Bullard, News Leave a comment

Biden to Call Chinese Communist Party Leader, Discuss Ukraine & Economic Competition

March 17, 2022 - 11:51 am by Nick R. Hamilton

Democrat President Joe Biden is scheduled to hold a call with Chinese Communist Party leader Xi Jinping on Friday.

Categories Economy, Politics Tags Biden, Business, China, Chinese Communist Party, News, Xi Jinping 1 Comment

Russians in Turkey Rush to Open Bank Accounts to Protect Savings against Sanctions

March 16, 2022 - 12:36 pmMarch 16, 2022 - 11:51 am by Nick R. Hamilton

Russian nationals living in Turkey are racing to open new bank accounts over fears they will lose their savings due to Western sanctions against Russia amid the invasion of Ukraine.

Categories Economy Tags Business, News Leave a comment
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