OPEC and non-OPEC oil producers may enforce deeper production cuts on Sunday, according to energy analysts, as the impactful energy coalition considers the effect of a potential ban on Russian crude exports and a price cap on Russian oil.   On Sunday, OPEC+, a group of 23 oil-producing...

According to Rostin Behnam, chairman of the US Commodity Futures Trading Commission (CFTC), cryptocurrencies may be a threat to US national security. At a session in the nation's Senate, he declared, "It might be a threat to our national security." As Behnam outlined, the danger posed by...

According to a new report, the US Federal Reserve's tightening of its monetary policy and a strengthening of the US dollar are posting a negative impact on African countries' balance sheets and public debt burdens.   The Fed implemented its fourth consecutive...

According to a latest prediction by S&P Global and Morgan Stanley, the Indian economy will surpass that of Japan and Germany within 23030 to become the third-largest economy.   The basis of S&P's projections is the assumption that the annual nominal...

According to preliminary figures released Wednesday, eurozone inflation slowed slightly in November, with prices falling from record highs and falling short of analyst expectations.   For several months, consumer prices in the 19-member region have been sky high. Last month, inflation...

According to a report released by the rating company S&P Global Ratings, the U.S. economy runs the risk of entering a "mild" recession in 2023 and declining by 0.1 percent. "We continue to forecast a recession in the U.S. in 2023... GDP growth will deteriorate to -0.1 percent," notes the agency....

According to the UN Conference on Trade and Development (UNCTAD) 2022 study on maritime transport, the 20 largest carriers now account for 91% of all maritime trade worldwide, up from 48% twenty years ago. This could result in abusive activities in the markets. The statement, which was posted on...

According to new research, demand for residential properties in the United Kingdom has nearly halved since September's government budget, which spooked financial markets and toppled the prime minister.   The fiscal package, announced on September 23, triggered a bond sell-off and raised...

As Covid controls spread, China's capital city has come to a halt.   On Friday, more and more apartment complexes in Beijing prohibited residents from leaving for at least a few days. This comes on top of an increasing number of business activity bans, which have forced gyms to close and...