Oil close to $95 a barrel amid global market contraction
Oil has climbed to $95 per barrel, continuing a strong rally driven by strong demand and supply cuts from OPEC+ leaders Saudi Arabia and Russia. The global benchmark Brent added…
France and Germany clash for EU’s industrial crown
France issued an ultimatum, and Germany refused in an increasingly bitter standoff that has exposed the consequences of the region’s energy crisis and the European Union’s green agenda. While the…
West African countries formed a new alliance
Niger, Burkina Faso, and Mali have signed a charter that establishes the Alliance of Sahel States (AES) to create a collective defense architecture, Mali’s interim president Assimi Goïta said on…
The IMF grip is set to tighten
Argentina and the International Monetary Fund have had a rocky history, and it appears that things may deteriorate further. Just five years ago, Argentina became the largest debtor to the…
US-Saudi Arms ‘Megadeal’ Collapses Over Russia, China Links
US weapons maker RTX, formerly known as Raytheon Technologies, scrubbed a multibillion deal with Saudi firm Scopa Defense earlier this year over “concerns” that the latter was pursuing business with…
US Billionaire Recommends Sticking To Cash – And Not Buying Bonds
American billionaire Ray Dalio sent a clear message while speaking at a conference in Singapore, saying he’s holding a tight wallet, and not interested in lending his money.