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"Ukraine" tag
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How the West will use frozen Russian assets to back Ukraine

G7 leaders plan to use interest from $300 billion in frozen Russian assets to support Ukraine. The funds will serve as collateral for a substantial loan to Kyiv, bolstering its defense against Russia. Funding Ukraine’s fightback...

eu-ukraine-marketexpress-in

EU expansion: Can the bloc afford new members in the east?

Russia’s invasion of Ukraine has pushed enlargement back on top of Europe’s agenda. But taking in new members would strain the EU’s budget. “No more farmers, no more bread” was a popular slogan during the...

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US wants ‘stable’ ties with China, commerce secretary says

US Commerce Secretary Gina Raimondo is in Beijing for talks with Chinese counterpart Wang Wentao. US firms reported challenges with operating in China after Washington moved to block advanced semiconductor exports. US Commerce Secretary Gina...

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Brazil looks to gain from Russia’s war in Ukraine

As the world economy reels from a global slowdown amid the Ukraine war, Brazil could benefit from the multiple crises. No matter whether it’s oil, gas, lithium, food, renewable energy — Brazil has plenty of...

green-energy-fossil-fuels-marketexpress-in

French power shift: green energy co-op takes on fossil fuels

France is looking to small, self-sustaining green power projects to solve its energy woes. Advocates say the move democratizes electricity production while reducing dependencies on fossil fuels and foreign powers. With its tranquil, tree-lined main...

eu-summit-latin-america-marketexpress-in

EU summit with Latin America: What’s at stake?

EU, Latin American and Caribbean leaders are meeting for the first time in eight years. Free trade and climate change are on EU-CELAC summit agenda. The two-day EU-CELAC summit on July 17 and 18 in Brussels...

oil-covid-19-marketexpress-in

Saudi oil giant Aramco makes record profits in 2022

Saudi Arabia’s national oil producer Aramco achieved “record” profits totaling $161.1 billion, a nearly 50% increase. The firm saw prices skyrocket after Russia invaded Ukraine, leading to soaring global energy prices. Aramco, the mostly Saudi...

boj-market-marketexpress-in

With Trepidation, the Market Awaits the BOJ

With the market nearly ruling out a 50 bp hike by the Federal Reserve on February 1, the interest rate adjustment appears to have largely run its course. This may be helping to ease the...

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Hydrogen is changing power dynamics in energy sector

As the EU tries to finalize its hydrogen rules, Asian countries are moving fast to secure deliveries and the US is committing money to set up local supply chains. Can the Middle East collaborate with...

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Eurozone inflation jumps to record-high 10.7%

Eurozone: The increase outpaced the predictions from economists. The European Central Bank hinted that another interest rate hike was likely on the horizon. Inflation reached 10.7% across the 19 countries that use the euro currency,...

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Bank of England Steps in to Buy Inflation-Linked Bonds for the First Time

The dollar continues to ride high. It reached its highest level against the yen since the recent intervention. The Canadian dollar has fallen to its lowest level in two-and-a-half years and the New Zealand dollar...

ukraine-russia-war-farmers-oil-crops-marketexpress-in

How war is changing Ukrainian farmers’ crops

The war in Ukraine has made wheat farming and export difficult. So local farmers are turning to oil-producing plants instead. The government plans to build an innovative pipeline into Poland to help them. In seven...