The Dollar’s Reign Is Ending, According To Dr Doom
Renowned economist Nouriel Roubini, who accurately predicted the global financial crisis of 2008, said in an article in the Financial Times on Sunday that the US dollar’s status as the…
Rothschilds To Buy Out Family Bank
On Monday, the Rothschild family’s holding company, Concordia, announced the famous banking dynasty plans to take its namesake financial services group, one of the most prestigious investment banks in the…
Goldman Sachs Predicts Oil price Surge Imminent
Goldman Sachs is warning that it expects a dwindling global output of oil to combine with a decline in Russian production due to Western sanctions, producing supply problems in 2024…
Boeing To Cut 2,000 Jobs
On Monday, Boeing Co officially confirmed the planemaker plans to cut approximately 2,000 white collar jobs in its finance and human resources divisions using a combination of layoffs and regular…
Yellen Says Jobs Growth Means Soft Landing Is Possible
On Monday, US Treasury Secretary Janet Yellen painted a rosy picture for the US economy’s future during an interview with ABC’s Good Morning America, when she said she saw a…
Newmont Corp Makes Offer For Newcrest Mining Ltd.
Newmont Corp. has proposed a $17 billion offer to purchase Australia’s Newcrest Mining Ltd., in a deal which would solidify the US mining giant’s industry-leading positions in copper and gold.…
Musk Says He Has Turned Twitter Around Toward Breaking Even
On Sunday Elon Musk said he had turned social media company Twitter around, and it was “trending to breakeven” after he saved it from “bankruptcy.” He added that the past…
UK Residents To See Water Bills Rise 7.5% In April, Adding To Cost Of Living Crisis
Water UK, the trade association representing the water companies of the United Kingdom, said on Thursday that English and Welsh households should expect to see their water and sewage bills…
Finnish Coal Consumption Soars As Europe Seeks Alternatives To Russian Energy
On Wednesday, Statistics Finland released data showing that Finnish coal consumption surged 10% in 2022 compared to 2021, due to the country boosting its use in electricity generation and heating.…
Sweden Heading To Electricity Shortage By 2027
On Sunday, Mattias Jonsson, an electricity market analysis manager at Sweden’s grid operator, Svenska kraftnat, said current projections show Sweden is on track to experience a shortage of electricity by…
