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...
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...
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...
The nightmare scenario of a cold winter without access to heating seems to be off the table, according to Germany’s economy minister, while Russian gas now accounts for less than 10% of Germany’s consumption. German...
The International Monetary Fund (IMF) has cut its global growth forecast to 3.2% amid high inflation and the war in Ukraine, and warned the world could be “teetering on the edge of global recession.” In...
As is often the case, crises are trend gas pedals. This is the case with the covid-19 pandemic, which is a catalyst for the 4th industrial revolution in the face of the unsustainability of the...
Not just those at the centre of the (unfortunate) events, even millions of others watching from the sidelines may need support to overcome the unfolding trauma. With the series of unfortunate events that have unfolded...
The opulent rooms of Chateau Purcari in Moldova are now hosting Ukrainians fleeing the war in their country. For the owner of the hotel, accommodating refugees is as much about politics as it is about...