Russia’s National Debt Continues To Decline
After falling by just over $100 billion in 2022, data from the Bank of Russia (CBR) released on Friday showed that Russia’s foreign debt continued to decline in the first…
CIA Director – Do Not Decouple From China
In a lecture to Britain’s Ditchley Foundation in Oxfordshire on Saturday, US Central Intelligence Agency (CIA) Director William Burns said that it would be unwise for the US to sever…
As Italian Inflation Surges, Italians Cut Back On Food Expenditures
According to a new report by the General Confederation of Italian Industry (Confindustria), households in Italy are cutting back on their food spending due to the soaring inflation afflicting the…
European Equities Seeing Record Outflows
On Friday, Bloomberg reported that European equity funds have now endured 16 straight weeks of investment outflows, according to a research note by Bank of America strategists which examined fund…
Belarus Outlaws Exchange Of Crypto Between Individuals
News outlet RBK is reporting Sunday that according to a new statement from the Belarusian Internal Affairs Ministry, Belarus is enacting new crypto regulations which will ban the exchange of…
Europe Desperately Looks For A Way To Seize Russian Assets For Ukraine
A new Bloomberg report reveals leaders of the European Union are discussing imposing a windfall tax on profits being produced by over €200 billion ($217 billion) in frozen Russian central…
In Britain, Electric Car Fueling More Expensive Than Gas Or Diesel
As electricity costs have soared in Britain, drivers are finding so too has the cost of driving environmentally friendly electric vehicles (EVs). Now it is more economical to drive gasoline…
Eurozone Inflation Continues
According to preliminary data released on Friday, Eurozone core inflation accelerated and remained stubbornly high in June. The 20 countries which share the euro saw headline inflation reach 5.5% this…
Ukraine Highly Profitable For German Arms Makers
Germany’s largest weapons manufacturer, Dusseldorf-based Rheinmetall, is profiting mightily off the war in Ukraine, recording a surge of new orders as the war drags on, according to a new report…
Argentina Moves Further From The Dollar
According to the Argentinian Economy Ministry, the nation just used its stock of Special Drawing Rights (SDRs) as well as Chinese yuan to make its latest payment on its $44…
