marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
export ban
03/31/2022
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By Ramon Tomey
Saudi Arabia may increase oil prices amid Russia-Ukraine war
Saudi Arabia may increase the price of its crude oil as the repercussions of the Russia-Ukraine war are felt throughout global markets. An assessment by Bloomberg found that state-owned petroleum company Saudi Aramco may raise the selling price of its flagship Arab Light crude to $5 a barrel in Asia. The news outlet added that the price increase […]
03/24/2022
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By Kevin Hughes
Aluminum prices soar as Australia hits Russia with alumina export ban
Australia recently hit Russia with alumina export ban. The move by the world’s top alumina exporter immediately sent aluminum spot prices soaring. Following the ban’s announcement on March 21, Australia’s top alumina refineries stopped shipping alumina to Russia’s United Co. Rusal International PJSC, the world’s second-largest aluminum company by production output. Rusal has a 20 percent share […]
03/17/2022
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By Ramon Tomey
IMF: Russia-Ukraine war may FUNDAMENTALLY ALTER economic, political order worldwide
The International Monetary Fund (IMF) said the ongoing war between Russia and Ukraine may “fundamentally alter” the political and economic order globally. “The war may fundamentally alter the global economic and geopolitical order should energy trade shift, supply chains reconfigure, payment networks fragment and countries rethink reserve currency holdings,” the IMF posted on its website […]
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