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Economy

FIFA Bans Russian Anthem and Some Matches, Refuses to Exclude from World Cup

February 28, 2022 - 1:43 pmFebruary 28, 2022 - 12:02 pm by Nick R. Hamilton

The international soccer governing body FIFA has announced a series of restrictions against Russia amid the ongoing invasion of Ukraine.

Categories Economy Tags Business, FIFA, News, Putin, Russia, Soccer, Ukraine 1 Comment

World Hits Putin Where It Hurts, Expels ‘Selected’ Russian Banks from SWIFT

February 27, 2022 - 5:48 amFebruary 26, 2022 - 4:54 pm by David Hawkins

The White House has announced that the United States and allies are taking action that could potentially cripple Russia’s economy in response to the Ukraine invasion.

Categories Economy, News Tags Economy, Russia, SWIFT, Ukraine, Ursula von der Leyen 4 Comments

West Pushing for ‘Financial Nuclear Option’ of Banning Russia from SWIFT

February 26, 2022 - 1:34 pmFebruary 26, 2022 - 12:02 pm by Nick R. Hamilton

Nations in the West are pushing for the “financial nuclear option” of banning Russia from SWIFT over the invasion of Ukraine.

Categories Economy Tags Banking, Business, News, Russia, SWIFT, Ukraine Leave a comment

Russia Claims Country Will Survive ‘Emotional’ Market Reaction to Ukraine Invasion

February 24, 2022 - 1:38 pmFebruary 24, 2022 - 11:02 am by Nick R. Hamilton

Russia has insisted that it will survive the “emotional” financial market reaction to Moscow’s invasion of Ukraine.

Categories Economy Tags Business, Economy, Markets, News, Russia, Ukraine Leave a comment

Russia’s Ex-President: Gas Prices to More Than Double after Nord Stream 2 Freeze

February 23, 2022 - 1:39 pmFebruary 23, 2022 - 8:02 am by Nick R. Hamilton

Russia’s former President Dmitry Medvedev has warned that gas prices will more than double after Germany announced a freeze on the Nord Stream 2 pipeline.

Categories Economy Tags Business, Dmitry Medvedev, News, Nord Stream 2, Russia Leave a comment

Billionaire Carl Icahn Doubles Down on Campaign against McDonald’s over Pig Policy

February 21, 2022 - 1:18 pmFebruary 21, 2022 - 8:02 am by Nick R. Hamilton

Billionaire Carl Icahn has ramped up his campaign against McDonald’s over the fast-food giant’s pig sourcing policy, which the activist investor says is obscene.

Categories Economy Tags Business, Carl Icahn, Fast Food, McDonald’s, News, Pigs Leave a comment

Renault Production May Be Impacted by Supply Chain Issues in Russia

February 20, 2022 - 1:30 pmFebruary 20, 2022 - 7:02 am by Nick R. Hamilton

French automaker Renault has warned that its production may be severely impacted due to supply chain issues in Russia.

Categories Economy Tags Business, Economy, Jobs, News, Renault, Russia, Supply Chain Leave a comment

Biden’s $15 Minimum Wage for Federal Contractors Partly Blocked by 10th Circuit

February 18, 2022 - 1:36 pmFebruary 18, 2022 - 12:02 pm by Nick R. Hamilton

Democrat President Joe Biden’s order to force a $15 per hour minimum wage for federal contract workers has been partly blocked by the U.S. Court of Appeals for the 10th Circuit.

Categories Economy, Politics Tags Appeals Court, Biden, Business, Minimum Wage, News 1 Comment

Joe Manchin Forces Biden Admin to Admit ‘Inflation Is a Burden on a Lot of People’

February 18, 2022 - 9:14 amFebruary 18, 2022 - 7:54 am by David Hawkins

Democrat Senator Joe Manchin has finally got President Joe Biden’s administration to admit that inflation has become “a burden for a lot of people.”

Categories Economy, News, Politics Tags Inflation, Joe Biden, Joe Manchin Leave a comment

GOP Boycotts Biden’s Federal Reserve Nominees, Fate Now Unclear

February 16, 2022 - 1:43 pmFebruary 16, 2022 - 12:02 pm by Nick R. Hamilton

Senate Republicans have boycotted a vote on Democrat President Joe Biden’s nominees to fill vacant seats on the Federal Reserve Board.

Categories Economy Tags Banking, Biden, Business, Federal Reserve, News Leave a comment
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