US Imports Twice As Much Russian Uranium
On Thursday, RIA Novosti, citing data from the US statistical service, reported that in the first half of the year, the United States purchased 416 tons of uranium from Russia,…
US Mortgage Rates Surge To 23-Year High
Following the US Federal Reserve’s aggressive campaign of tightening the monetary supply, home loan rates in the United States have skyrocketed to the highest levels seen in over 20 years,…
T-Mobile Announces 5,000 Layoffs
In an email to employees on Thursday, T-Mobile President and CEO Mike Sievert announced that by the end of September, the company would be laying off almost 5,000 employees, or…
India Moves To De-Dollarize Trade With UAE
A new Reuters report says that the Reserve Bank of India has begun asking local banks to no longer use the US dollar in trade with the United Arab Emirates,…
Disney Stock Plummets As Investors View Iger Plans Skeptically
Thursday saw shares of Walt Disney fall 3.9%, closing at the lowest level seen in nine years, as investor now fear that the next few months will see even deeper…
Western Companies Ignoring Russian Crude Price Cap
On Monday Bloomberg reported that Russian oil is continuing to be shipped via Western-insured tankers in spite of the fact that Urals grade crude is now trading above the $60…
Coinbase To Shutter Centre, Invest In Circle
On Monday, Coinbase Global announced it will purchase an equity state in Circle Internet Financial, a cryptocurrency operator, and it will shut down their jointly-managed Centre Consortium, which operates the…
Europe Sees Gas Tumble As Woodside May Have Union Deal
As signs of a potential resolution to a labor dispute at the largest liquified natural gas export plant in Australia emerge, reducing fears over one of three potential strikes in…
German Central Bank Forecasts Zero Growth
On Monday, Germany’s Bundesbank said in its monthly report that in the second quarter of 2023 German economic output stagnated, following two previous quarters of contraction, and over the near…
Moody’s Estimates Hawaii Fire Damage At $4-$6 Billion
Moody’s RMS is estimating that the damage from the deadliest wildfire the United States has ever seen, which killed more than 100 people and swept through countless homes and businesses…
