World Facing A Tsunami Of Debt Next Year
This week Bloomberg reported that next year may see sovereign bond sales increase as budget deficits increase across the developed world. The outlet noted that as this is happening, central…
Gold Hits Six-Month High
On Monday, gold rose to the highest level seen since May, rising above $2,000 per ounce, off a weakening of the dollar, as well as a perception that the Federal…
Dollar Liquidations By Investors Accelerate As Fed Appears Done Tightening
As sentiment builds that the US Federal Reserve is done with its aggressive campaign of interest rate hikes, investors are offloading their dollar positions at the fastest rate in a…
The Next Year Will See $7.6 Trillion In Government Debt Mature
According to an analysis by asset management firm Apollo, almost a third of all outstanding US government debt is poised to mature in the next 12 months. Chief Economist Torsten…
Russian Tycoon Predicts Europe Will Return To Purchasing Russian Energy
On his Telegram channel Russian businessman Oleg Deripaska predicted that within a year and a half, the nations of the EU will have to return to purchasing Russian gas supplies.…
Cocoa Prices Hit Records As Supply Falls Due To Weather And Disease
New trading data shows cocoa prices rising to the highest levels in almost 50 years this week, as global supplies decline due to various factors. The vital ingredient for chocolate…
EU Could Face A New Energy Crisis As Winter Approaches And Shipping Is Complicated
This week, Oilprice issued a report which found that as the EU begins to enter the winter heating season’s peak energy consumption period and demand from an economically recovering Asia…
Austrian Developer Heading For A Wave Of Insolvencies As Property Crisis Deepens
A report from Bloomberg News on Saturday revealed that Austria’s largest privately held real estate company, Signa, is in last-ditch talks with investors, hoping to secure a line of funding…
Alberta To Pass Sovereignty Bill Designed To Block Trudeau Clean Energy Rules
In Canada, Alberta’s premier has announced Saturday that the maim oil-producing province of the nation will move forward an act on Monday which will exempt provincial power companies from proposed…
Switzerland Exploits Loophole To Continue To Buy Russian Gold
The latest data from the Swiss Federal Council has shown that Switzerland imported over 14 tons of banned Russian gold for processing last month. The nation utilized a loophole by…
