Russia’s economy is coping better with Ukraine-related Western sanctions than could be expected, JPMorgan Chase said in a note to clients dated last week and made public on Monday. According to the biggest US investment bank, business sentiment surveys from the country “are signaling a not very deep recession in …
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Prices of consumer goods continue to soar across America, the latest official print of the Consumer Price Index confirmed on Wednesday, showing price growth at 8.3% over the last 12 months as of April. This marks the eleventh straight month of inflation registering over 5% and exceeds the 8.1% expected by …
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Russia will see its income from the oil sector rise sharply this year and reach more than $180 billion, despite production cuts related to international sanctions, suggests a report published by independent research house Rystad Energy on Monday. Thanks to the rising oil prices, Russia’s tax revenues will be 45% …
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The European Commission is set to propose a new broad package of sanctions on Russia over the conflict in Ukraine, media reported on Tuesday. According to the Wall Street Journal, among the expected measures are a ban on Russian coal, restrictions on access of Russian trucks and ships to the …
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The UK government’s threat to fire unvaccinated National Health Service (NHS) staff is likely to be delayed amid fears of a Conservative Party revolt against Prime Minister Boris Johnson, according to The Telegraph. The NHS vaccine mandate will probably be “kicked down the road” and delayed by six months, though …
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The Earth’s molten interior is cooling faster than expected, which could turn the planet into a cold, inactive world similar to neighboring Mercury and Mars sooner than previously thought, researchers have warned. The study, published in the Earth and Planetary Science Letters journal, examined how well bridgmanite – the primary …
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Dogs are capable of recognizing familiar human language and differentiating it from an unfamiliar one, a fresh study suggests. Canines can also tell the difference between familiar words regardless of intonation. Our canine pets appear to be able to distinguish various languages even without prior training, research by the Hungarian …
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Auction experts Bonhams said that they will put the one-of-a-kind version of the Portugal captain’s card up for sale at their auction between November 1 and 11, with a global fantasy football company set to mint the digital token. The “crypto craze” could form part of the deal in another representation of the …
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Crown Prince Mohammed of Saudi Arabia, who is the director of the country’s vast sovereign wealth fund (PIF), made a $381 million bid for the north-east giants in April 2020, launching a seemingly endless series of twists and turns over the proposed takeover. In the 18 months that have since passed, …
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The WTO is now predicting a global merchandise trade volume growth of 10.8% in 2021 (up from 8.0% forecasted in March), followed by a 4.7% rise in 2022. Growth should moderate as merchandise trade approaches its pre-pandemic long-run trend, the report said. According to the WTO, supply-side issues such as …
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