Elderly In Britain Cannot Afford To Retire
New research in the UK shows that increasing numbers of older people are being forced to put off retiring and keep working due to the cot of living crisis. Last…
IEA Says Electric Car Sales Skyrocketing
The International Energy Agency reported this week that as sales of electric vehicles skyrocketed to record levels last year, China dominated the picture. Globally, sales of battery electric cars and…
OPEC Commences New Production Cuts
A number of OPEC+ members, including the groups two biggest oil producers, Saudi Arabia and Russia, have begun to reduce their crude output. The cuts are part of a previously…
German Carmaker Says No To China Decoupling
On Sunday, the CEO of luxury carmaker Mercedes Benz stated that if Germany were to cut economic ties with China, it would endanger most German industries. The comments were made…
Türkiye Says Big Oil Discovery Announcement Is Coming
On Sunday, Turkish Energy Minister Fatih Donmez said in an interview with Anadolu Agency news that Ankara will soon make a major announcement regarding a discovery of major oil reserves.…
FDIC Seeks Bids For First Republic Ahead of Receivership, JP Morgan To Buy
It has been announced Monday morning that JP Morgan will acquire First Republic. According to an FDIC statement, JP Morgan will recover all of the bank’s deposits, as well as…
Germany Considers Limiting Chinese Access To Semiconductor Chemicals
Bloomberg is reporting that the German government is considering curbing all chemical exports to China which could be used in the production of semiconductors, as part of a broader strategy…
Fitch Downgrade’s France’s Credit Rating
Frances sovereign credit rating was just downgraded by the rating agency Fitch, which warned that the nation’s economy was likely to endure some level of damage as the nation protests…
Bloomberg: EU Imports Banned Russian Oil Through India
According to a Bloomberg report this week. The European Union is still fueling its economy off of Russian oil, despite the myriad of sanctions they have placed on the Russian…
Indian Banker Says Reserve Dollar Is A Financial Terrorist
On Friday, billionaire investor and Kotak Mahindra Bank CEO Uday Kotak said the US dollar is too powerful due to its reserve currency status, and the world is in desperate…
