On Friday, Russian health officials announced that they had recorded the highest number of daily deaths from the virus since the start of the pandemic, with 1,163 people having passed away in the past 24 hours, taking the overall total to 236,220. Throughout October, the all-time record for mortality figures …
Read More »Gas prices in Europe spike on news of no extra transit through Ukraine
The price of October futures on London’s ICE jumped to $908 per 1,000 cubic meters after falling below $800 on Friday. The rally follows Russian energy giant Gazprom’s decision not to book additional capacity for the transit of natural gas through Ukraine for October. Ukraine’s gas transportation operator offered transit …
Read More »New crisis in Kiev: Ukraine’s inflation spike spells trouble for the embattled nation because of its dependence on foreign cash
That’s why it is important that last week, Ukraine’s Central Bank (NBU) announced that year-on-year consumer inflation now exceeds 10%, which has not happened since 2018. In Kiev, this has caused a notable stir in the news cycle. The station Espresso TV, for instance, dedicated a segment of its major …
Read More »As voters blame Biden policies for inflation spike, White House pushes massive infrastructure plan
Recent figures showed that the consumer price index (CPI) rose 5.4% over the last year, the fastest since right before the 2008 financial crash. A Morning Consult-Politico poll released on Wednesday has a combined 59 percent of registered voters saying Biden’s policies were either “very responsible” or “somewhat responsible” for …
Read More »German government to ban displaying of Hamas flag, after spike in anti-Semitic incidents during Gaza conflict – media
The ban on the Hamas flag was first reported by the Welt am Sonntag newspaper. The outlet cited Thorsten Frei, the deputy parliamentary spokesperson for Angela Merkel’s Christian Democratic Union (CDU) and its sister party, the Christian Social Union (CSU). The two parties that spearheaded the move have reached a …
Read More »Musk drives Doge spike by saying he’s ‘working with devs’ to improve meme coin, after crippling Bitcoin with Tesla breakup tweet
Though the billionaire entrepreneur helped to tank Dogecoin with a recent SNL appearance, sending it plummeting by nearly 27% in the space of an hour after labeling it “a hustle,” Musk told his Twitter followers on Thursday that the currency is “potentially promising,” saying he is now personally working with …
Read More »Venezuelan President Maduro offers ‘oil for vaccines’ as country sees spike in Covid-19 cases
“Venezuela has the oil vessels and has the customers who will buy our oil,” Maduro said, as cited by the media. “We are ready and prepared for oil for vaccines, but we will not beg anyone.” He added that in addition to oil shipments, Caracas could pay for the vaccine provided …
Read More »700+ children remain in detention at US border, 200 for over 48 hours, amid spike in unaccompanied crossings – media
Around 700 minors who crossed into the US on their own were kept in Border Patrol Custody as of Sunday, Axios reported on Wednesday, citing an internal Customs and Border Protection document. By that time, around 200 children had already been held up for over 48 hours, and in the …
Read More »Swedish capital sees 79% spike in shootings as govt laments ‘high levels’ of violence in the Scandinavian country
Interior Minister Mikael Damberg disclosed on Monday that 47 people were killed and 117 injured in 366 shooting incidents in 2020, marking a 10 percent increase in gun violence when compared to statistics from 2019. Damberg noted that in nearly half of the shootings registered last year, someone was injured …
Read More »Silver spike could mean bubbles in metals & other commodities, warns Commerzbank
The bank’s head of commodities research, Eugen Weinberg, told CNBC that “The excess liquidity in the system, it is likely to create bubbles not only in silver but also probably commodities and other asset classes going forward.” He suggested that the vast liquidity made available by central banks in the …
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