Economics

An increasing number of crypto users who are looking out for more secluded transactionsw think that bitcoin is just not anonymous enough for them. As bitcoin matures and moves closer

According to a newspaper report, a call for fresh talks and negotiations on a free trade agreement between the European Union and the United States has been issued by Germany’s

China’s President Xi Jinping may be forced to decide to choose between a long-standing lucrative trading relationship with the West and a developing strategic connection with Moscow, following a warning

The American central bank, the the Federal Reserve, ultimately raised its short-term interest rates by a quarter of a percentage point, signalling that it will further raise the rates even

If the war with Russia continues for some more time, the Ukrainian economy could contract by more than a third this year, according to the estimates of the International Monetary

A range of global companies – ranging from Apple supplier Foxconn to automakers Toyota and Volkswagen, have been forced to halt some of their operations in China because of the

Russia wants much more Indian investments in its oil and gas sector which have been severely hit by sanctions from Western countries. Moscow is also interested in expanding the sales

Russians are using virtual private networks (VPNs) to get past the country’s rising internet restrictions in the aftermath of the invasion of Ukraine. VPNs can mask a user’s online identity

According to the Australian Competition and Consumer Commission, the price of gasoline in Australia has risen to its highest level in eight years as a result of Russia's special operation…

Next week, the price that Russia will be paying for its invasion of Ukraine will become further evident, with a hitherto inconceivable sovereign default approaching, additional emergency central bank measures

Ukraine’s two largest neon producers, which manufacture over half of the world’s supply of the critical component for chip manufacturing, have ceased operations as Moscow intensifies its pressure on the

Leaders of the European Union will announce on Friday that they aim to reduce their reliance on global suppliers of food, microprocessors, pharmaceuticals, raw resources, and digital technologies, as Russia’s

Annual inflation in the U.S. in February reached 7.9%. This is the highest in the last 40 years - since January 1982.

The U.S. House of Representatives has approved a $1.5 trillion bill to fund the federal government through fiscal year 2022, including $13.6 billion in military and humanitarian aid to Ukraine.

Hopes for lower energy costs have faded due to events in Ukraine, jeopardizing viability of many industrial operations, according to a joint statement from European industrial energy consumers, including cement,…

Those developing economies that are large net importers of oil such as China, Indonesia, South Africa, and Turkey will face a potential loss of 1 per cent in their gross

While prices of crude oil rose further on Wednesday, Asian equities sank as investors tried to work out the implications of the intensifying war in Ukraine and a new ban

U.S. President Joe Biden warned that gasoline prices in the country will continue to rise due to anti-Russian sanctions.

The benchmark index Nikkei plunged more than 250 points after opening trade on the Tokyo Stock Exchange, falling below 25,000 points for the first time in 16 months on news…

On Monday, gold reached its highest level in more than a year and a half, and palladium reached an all-time high because of them being perceived to be safe-haven assets,

The potential of a U.S. and European boycott on Russian exports, including oil and gas, as well as the delay of Iranian talks, pushed global crude oil prices to new

The International Monetary Fund has stated that the events in Ukraine and related sanctions on Russia are having a substantial impact on the global economy and financial markets.

The Chinese authorities have announced the need to intensify oil and gas exploration and development activities in 2022, according to the country's socio-economic development plan released on Saturday.

The US unemployment rate fell to 3.9% in February from 4% in January, while the number of non-farm jobs in the US economy rose by 400,000 after increasing by 467,000,…

The dollar remains a "hard currency" and will remain a reserve currency in the long term, Fed Chairman Jerome Powell said at a hearing in the US House of Representatives.

Oil prices soared to seven-year highs on Wednesday, as traders attempted to find alternative sources of oil in a market that was already tight. Concerns over supply disruption grew as

Faced with constant pressure from their investors and customers protesting the Russian invasion of Ukraine, a number of America’s most well-known brands – including Apple, Google, Ford, Harley-Davidson, and Exxon

As a response to growing Western sanctions, Russia would temporarily prohibit foreign investors from selling Russian assets in order to guarantee that they make informed decisions rather than ones influenced

The Russian currency rouble has dropped by more than 30% as a result of crippling sanctions imposed by a number of Western countries in response to Russia’s invasion of Ukraine,

The Japanese government intends to work closely with the U.S. and European countries.

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

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

A bill on the mandatory full filling of Germany's gas storage facilities will be ready soon, German Economy Minister Robert Habek said.

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

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

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

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

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.

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…

According to trading statistics, global oil prices advanced to 5% on Thursday, with April Brent futures topping $102 a barrel for the first time since September 5, 2014, and May…

After Russian President Vladimir Putin launched a ‘special military operation’ in the eastern region of Ukraine on Thursday early morning, the price of Brent crude went past $100 a barrel,

Russia has launched “special military operations” in Ukraine’s Donbas area, as Russian President Vladimir Putin urged other regions of the nation not to meddle in the military operations or suffer

Global steel production in January stood at 155 million tonnes, down 6.1% year-on-year, according to World Steel Association (WSA) data.

A hypothetical Russian invasion of Ukraine would have ramifications across a range of global markets, from wheat and oil prices to sovereign dollar bonds in the region, as well as

The volume of global trade in 2021 increased by 25% from 2020 to around $28.5 trillion, according to UN Conference on Trade and Development (UNCTAD) report.

China wants to increase the use of local currencies for trade and investment and for this purpose Beijing plans to approach to work closely with its trading partners in Asia,

According to a Reuters poll of economists, the US Federal Reserve will start tightening in March with a 25-basis-point rate hike, but an increasing number of people predict the Fed

Inflation in the United Kingdom was 5.5 per cent in January, slightly higher than projections and still at a 30-year high. Consumer prices fell by 0.1 per cent on a

Japan's GDP in the fourth quarter of 2021, according to a preliminary estimate, grew 5.4 percent year over year (if GDP had grown at the same rate for four consecutive…

The European Central Bank is advising banks in the eurozone to strengthen their defenses against cyberattacks, particularly in light of geopolitical tensions such as the stalemate between Russia and Ukraine,