India imported six times as much Russian coal in the 20 days leading up to Wednesday as it did in the same period last year, Reuters reported on Saturday. During that same timeframe, New Delhi’s imports of Russian oil increased by a factor of more than 31. This increase comes …
Read More »Get ready to pay more for goods as container shipping costs skyrocket
According to grill maker Traeger, the company saw an 11.7% year-over-year increase in sales in its third quarter, as it recorded $162 million in revenues. However, its gross profit margin of 33.5% represented a steep decline from 45.3% in Q3 2020. “Bringing a 40-foot container from Asia to the US …
Read More »Bitcoin will skyrocket to $168,000 when futures start trading on Wall Street – Fundstrat
The New York-based researchers, who had previously projected the world’s most valuable cryptocurrency to hit $100,000 by the year’s end, now say that the ProShares ETF may attract substantial inflows from investors, thus boosting the price of bitcoin. According to Fundstrat, the new bitcoin futures ETF will deliver higher first-year …
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