Germany has been tied to Russia through energy for decades. But as the EU moves to end its dependency on Russian energy, opposition from the continent’s biggest economy is fading into irrelevance. A few days...
Since a wave of financial sanctions hit Russia over its Ukraine invasion, questions have been raised over whether cryptocurrencies could provide an escape route. But leading exchanges said they will comply with the law. With...
Bold new sanctions on Russia and more weapons for Ukraine were announced over the weekend. Russia responded by raising the readiness of its nuclear forces. As a result, the risk-on seen ahead of the weekend...
Global stocks have fallen amid fears that the invasion would further fuel price rises and hurt the global economic recovery. The military intervention could deepen the food crisis in many countries, experts warn. Crude oil...
The top oil producers have been holding back on a major production boost even as oil prices soar amid a supply crunch. With natural gas and coal prices at record highs, the oil price bump...
The global capital markets are subdued today as investors wrestle with the rising virus, the shifting stance of several central banks, and a more tense geopolitical backdrop. Equity markets are struggling today. Most of the...
Two of the richest Poles want to develop nuclear power: one with small reactors from the US, and another with large reactors from Russia. Geopolitics will play a part in which project succeeds — if...
The short squeeze that lifted the US dollar ahead of the weekend has seen limited follow-through buying, and instead a consolidative tone emerged. Europe is searching for direction and perhaps waiting for US leadership after...
The debt of US nonfinancial businesses had already surged in recent years, but when the Pandemic hit, businesses went on a borrowing binge as the Fed has repressed interest rates to record lows even for...
Russia’s COVID-19 vaccine, Sputnik V, has been approved for use in dozens of countries, and it’s also under review by the European Medicines Agency. But the vaccine remains controversial. President Vladimir Putin has touted Sputnik V...
US special counsel Mueller has said his office did not determine whether President Trump committed a crime. Mueller did say there had been a systematic attempt to interfere in the 2016 US presidential election. US...
With the US and other countries throwing their weight behind Juan Guaido as Venezuela’s legitimate leader, time seems up for the Maduro government. But keeping the debt-ridden country afloat will prove a massive task. National...