Americans are markedly more concerned about their personal finances compared to last year, with a significant portion reporting they’re “very” or “moderately worried” about making ends meet, a Gallup poll released on Monday reveals. More than half (52%) of poll respondents expressed worries about maintaining their standard of living, a …
Read More »Zelensky estimates Ukraine’s financial losses
Ukrainian President Volodymyr Zelensky told the World Bank and the IMF on Thursday that his country has already suffered more than half a trillion dollars’ worth of damage and needs billions in aid every month just to stay afloat. Kiev authorities estimate the country’s GDP is down anywhere between 30-50%. …
Read More »‘New world financial order’ is coming – Moscow
A new financial order will be negotiated in the world, and the West won’t have the main say in it anymore, ex-Russian President Dmitry Medvedev has claimed. The “hellish” sanctions imposed on Russia by the US, EU, and their allies over the conflict in Ukraine have failed to cripple to …
Read More »Russia ditches key demands in Ukraine peace talks – Financial Times
Moscow has apparently dropped several key demands in the painstaking Ukraine peace talks, the Financial Times newspaper reported Monday, citing “four people briefed on the discussions.” According to the report, Moscow is now prepared to let Ukraine “join the European Union if it remains military non-aligned as part of ongoing …
Read More »Billionaire predicts ‘most brutal’ financial crisis for Russia over Ukraine
The harsh international sanctions imposed on Russia over the invasion of Ukraine will plunge the country into a never-before-seen economic crisis, billionaire Oleg Deripaska has warned. “I understand this better than the rest. When people say: Are they going to drop the ‘iron curtain’? The ‘iron curtain’ has already been …
Read More »Will fears of ‘Russian invasion’ of Ukraine obliterate world financial markets?
icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon …
Read More »Over 35 million US families face financial hit
A monthly benefit introduced by the US government in 2021 amid a sharp surge in the cost of living and the continued spread of Covid-19 saw its last payout in December, leaving millions of American families in a cleft stick. This weekend marks the first time in six months that …
Read More »Russia & China to create new financial system outside Western control – Kremlin
The move appears to be a response to a series of warnings that Western nations could push to disconnect Russia from the Brussels-based SWIFT financial system as a form of sanctions. The payment platform underpins the vast majority of international transactions. During the talks on Wednesday, Russian President Vladimir Putin …
Read More »Sanctions? Financial hardship? Russia’s biggest spenders don’t seem to notice
It is estimated that 80% of Russia’s luxury goods are sold in Moscow, and most top-end luxury brands have established flagship stores in the city’s center. As the end of the year rapidly approaches, high-end fashion consumers seem to be more than making up for the brief in-store spending pause that …
Read More »Israel heads ‘hack simulation’ on global financial markets
Dubbed “Collective Strength” and carried out on Thursday, the international cyber drill was conducted alongside the United States, Britain, Germany, Italy, Thailand and the United Arab Emirates, among other countries, as well as major financial institutions like the International Monetary Fund (IMF) and World Bank, according to the outlet. Treasury …
Read More »