Despite the recent meeting between the presidents of Russia and the US, the fears of many concerning a potential large-scale Russian invasion of Ukraine are not dying down, even if Moscow has consistently denied such plans are afoot. In fact, in Germany, the debate is getting even more intense. The …
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The release of oil from the Strategic Petroleum Reserve (SPR) was coordinated with major Asian energy consumers, including China, India, Japan, the Republic of Korea, and the UK, according to the White House. Lowering gasoline prices is a critical part of reviving a global economy devastated by lockdown measures as …
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On Tuesday night, the parliament of El Salvador made an extraordinary move, passing a law which would make the cryptocurrency bitcoin a legal tender. The Latin American nation is the first country in the world in any capacity to do so. The president of the country, Nayib Bukele, has argued that …
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Speaking alongside his Russian counterpart on Tuesday, Iranian Foreign Minister Mohammad Javad Zarif said that Israel had made a “very bad gamble” by sabotaging the Natanz nuclear site. The foreign minister contended that Iran’s hand in the renegotiation of the Joint Comprehensive Plan of Action (JCPOA), the now-abandoned 2015 pact limiting Tehran’s …
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How does one spot a market mania? Joe Biden’s Treasury Secretary Janet Yellen spent almost two decades working at the US Federal Reserve. Her failed policies created the most significant wealth-inequality gap ever, while simultaneously inflating the most grotesque asset bubbles in the stock, bond, property and credit markets in …
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