US Debt On Course For Interest Payments To Exceed Defense Spending
According to a new research note from Capital Group, the US government’s debt pile continues to grow every day, and it is possible that soon the government will be spending…
UBS Says US Will Enter Recession In 2024, Triggering Interest Rate Slash
According to one top European bank, next year the United States will fall into a recession, which will lead to the Federal Reserve enacting steep interest rate cuts. Back in…
Dollar Use In Oil Transactions Continues To Decline
This week the Wall Street Journal reported that global consumers and exporters of crude oil are performing their transactions without the use of dollar denominated trade deals, according to Natasha…
Google Settles Lawsuit Over Amassing Data On Chrome User’s Behavior While Users Chose Privacy Mode
On Thursday Reuters reported that Google has agreed to settle a 2020 class-action lawsuit which alleged that the tech giant’s Chrome browser tracked the internet activity of millions of people…
Germans Told High Energy Bills Will Continue To Present A Problem
On Wednesday, Der Spiegel reported that German households are going to continue to struggle with high electricity and heating costs, as the country struggles with the cost of living crisis,…
Gazprom CEO Says Europe Deindustrializing To Reduce Gas Demand
At a company meeting to discuss the preliminary results for the year, Gazprom CEO Aleksey Miller said that he believes the EU is intentionally deindustrializing in order to destroy its…
Middle East Chaos Triggers Gas Price Surge In Europe
According to the latest data from the Intercontinental London Exchange (ICE), on Wednesday natural gas prices in Western Europe jumped by over 8%. At the Dutch Title Transfer Facility (TTF)…
Rich Get Richer On Bloomberg Billionaires List.
According to Bloomberg’s top-500 billionaire list, which came out Wednesday, over the past year, the rich got even richer. Roughly 77% of the billionaires on the list enjoyed swelling fortunes…
Binance Tells Russians To Withdraw Assets
The world’s largest crypto exchange, Binance, released last-call notifications to its Russian users, urging them to complete their off-boarding process by withdrawing all of their money from the platform by…
Chinese Tech Company Grows Despite US Sanctions
The chipset subsidiary of Huawei, HiSilicon, has grown to become the fifth largest chipmaker in the world, according to a new analysis by the technology market research firm Counterpoint, occupying…
