Commodities
Supply chain shortages and the rising cost of doing business, as well as drought and interest rate hikes are some of the factors that contributed to food crisis this year. But if you think food shortages and high prices will magically disappear next year, think again. American farmers believe 2023 could be even worse, after […]
... written on Dec 27 2022Fox News host Tucker Carlson is known for blaming the clueless and incompetent President Joe Biden for the Ukraine War, which contributes to the energy crisis and inflation. When Nord Stream pipelines were stunningly blown up in September this year, Carlson did not need scientific analysis to conclude that it was an insider job – […]
... written on Dec 22 2022Federal Reserve Chairman Jerome Powell isn’t sure if a recession will hit the United States next year, even though many believe it has actually started already. But he is sure about one thing – the inflation has been hitting the world’s biggest economy since the beginning of the year. So, his immediate task is to […]
... written on Dec 17 2022Sanctions on Iranian and Venezuelan oil have forced the lucrative commodity to be traded in the black market. If the plan was to punish and topple the dictatorship of both countries, the Western powers have failed miserably. The sanctions on Russian oil have only made the situation worse- triggering an energy crisis which led to […]
... written on Dec 13 2022From Oscars to dignitary visits, the red carpet rolled out going back at least a century symbolizes glamour, power and royalty. In Saudi Arabia, there’s another colour that is associated with royalty – “purple”. The purple represents the colour of the kingdom’s deserts and plateaus in the spring, where the violet-lavender flowers blossom in the […]
... written on Dec 09 2022Effective Monday (Dec 5, 2022), the West has slapped a price cap on Russian oil at US$60 per barrel. Designed by the Group of Seven (G7) to limit Moscow’s revenues from oil exports so that it would cripple its ability to finance the ongoing Ukraine War, the price cap means Russia can export crude oil […]
... written on Dec 06 2022After the U.S. and Europe imposed sanctions on Russia over Ukraine invasion, it triggered a massive devaluation of the country’s currency – ruble. Russians lined up at ATMs to withdraw their money. The Bank of Russia immediately hiked the interest rates to 20% to slow the withdrawal, as the ruble plunged 30% against the US […]
... written on Nov 30 2022If you want to roll over your IRA into a gold IRA, you’ll need to do some research. Read through the website, and then contact a representative to talk about your options. Make sure you choose a company with solid expertise and superior service. A gold IRA can be a good way to diversify your […]
... written on Nov 15 2022Desktop trading platforms are still popular, and traders are unlikely to abandon them soon. But times are changing, and it is more important than ever for an investor to respond quickly to all opportunities, take advantage of opportunities and chances, and not lose any perspective. That is why it is essential that access to the […]
... written on Nov 10 2022Business Comes First – Chancellor Scholz’s Visit To Beijing Shows Germany Needs China More Than Ever
German Chancellor Olaf Scholz’s official visit to Beijing on Friday (Nov 4) marked the first time a leader of the Group of Seven (G7) nations rubbed shoulders with Chinese President Xi Jinping after the 20th National Congress of the Communist Party. His arrival was also the first by a leader of the G7 since the start […]
... written on Nov 05 2022
