Daily Management Review
Economics

Japan expects energy supply disruptions

The Japanese government intends to work closely with the U.S. and European countries. The interaction will be aimed at preventing possible negative effects on energy supplies to the country amid sanctions imposed against Russia, including disconnection of a number of Russian banks from SWIFT, said...

Oil Prices Surge With Growing Concerns Over Russian Oil Supply

Oil prices soared on Monday as the United States and its allies placed further sanctions on Russia and barred several Russian banks from participating in a global payment system, potentially disrupting the country's oil supplies.   After hitting a high of $105.07 a barrel in early trade,...

Markets Around The World Fall On Ukraine Issue, Rouble Plummets

On Monday, stocks fell all over the world, along with a rise in oil prices, while the rouble plummeted to record lows with the West stepping up sanctions against Russia in response to its invasion of Ukraine. The latest sanctions included banning banks from using...

Germany is preparing a law on keeping gas storage tanks full

A bill on the mandatory full filling of Germany's gas storage facilities will be ready soon, German Economy Minister Robert Habek said. "The government and I will do everything to protect Germany and the German people from the consequences. We will take similar measures for sectors of the economy...

Consumer Expenditure And Orders For Core Capital Goods Show That The US Economy Going Strong

Consumer spending in the United States climbed more than predicted in January, providing a big boost to the economy at the start of the first quarter, but price pressures remained high, with annual inflation climbing to levels not seen in over four decades.   Other statistics released on...

Russia To Face SWIFT Bans And Other Penalties For Ukraine Invasion

The United States and European nations voted on Saturday to impose the most harsh sanctions yet on Russia in response to Moscow's invasion of Ukraine. The latest sanctions target Russia's central bank reserves, with the goal of cutting Russian institutions off from a key global financial network....

EU Imposes New Sanctions On Russia And Says "Putin Must And Will Fail"

President Vladimir Putin "must and will fail," senior European Union leaders warned on Friday as they agreed to fresh sanctions in response to his invasion of Ukraine, claiming he was attempting to return Europe to an era of empires and clashes.   Following Putin's declaration of war, Russia...

Russia's Economic Defences Likely To Break Down Over Time In Face Of Western Sanctions, Say Analysts

Despite the fact that Russia has spent the previous seven years reinforcing its financial defences, its economy is unlikely to be able to withstand the Western sanctions in the long run.   Following President Vladimir Putin's decision to recognise the independence of two Ukrainian regions,...

Biden: US to release some of its strategic oil reserves

In an attempt to curb the rise in energy prices, the U.S. intends to conduct commodity interventions at the expense of the strategic reserve of oil. The country is now negotiating similar measures with other major global consumers, U.S. President Joe Biden said. In a speech on the situation in...

Analysts expect U.S. GDP growth estimate to remain unchanged in Q4

U.S. GDP rose 6.9 percent year-over-year last quarter and according to the second estimate (if GDP had grown at the same rate for four consecutive quarters), according to analysts polled by Daily FX. The release will be issued by the U.S. Commerce Department's Bureau of Economic Analysis on...
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