Consequences of no grain deal
Suspending the Black Sea Grain Iniative will mostly hurt Ukraine, the EU and Türkiye and will trigger a price hike, experts said. Extending the grain deal was more favorable not…
EU and ECB fail to agree on how to use profits from Russian assets to rebuild Ukraine
The European Union sparred with the European Central Bank over plans to use profits from over €200 billion ($217 billion) in frozen Russian central bank assets to rebuild Ukraine, Bloomberg…
Nobel Laureate: “Climate science has metastasized into massive shock-journalistic pseudoscience”
Dr. John F. Clauser, joint recipient of the 2022 Nobel Prize in Physics, has criticized the climate emergency narrative calling it “a dangerous corruption of science that threatens the world’s…
Ruble is main currency in paying for Russian exports
The share of the ruble is the main one in settlements for Russian exports with the countries of Asia (36.3%), Europe (49.8%), the Caribbean (50.5%) and Oceania (47.2%), RBC reported…
Remittances due to US Treasury continue to hit bottom
As of July 13, earnings remittances due to the US Treasury hit another record low of -$77 billion. Simply put, this indicator shows how much the Federal Reserve owes to…