Sanctioned Russian bank VTB sees strong demand for gold bars
(Reuters) – Russia’s second-largest lender VTB, hit by Western sanctions over Moscow’s actions in Ukraine, has sold one tonne of gold to customers this month...
Canadian oil industry at odds with Trudeau over new 2030 climate plans By Reuters
2/2 © Reuters. FILE PHOTO: The Suncor tar sands processing plant near the Athabasca River at their mining operations near Fort McMurray, Alberta, September 17,...
JPMorgan Admits Central Banks Need A Recession “To Cure Inflation”
Over the past few months we have repeated a statement which – because it is controversial and because it is true – sparked feigned outrage...
Moody’s withdraws all credit ratings on Russian entities By Reuters
© Reuters. FILE PHOTO: A Moody’s sign on the 7 World Trade Center tower is photographed in New York August 2, 2011. REUTERS/Mike Segar (Reuters)...
What the collapse in the yen and surging bond yields have in common
MoneyWeek/John Stepek/3-28-2022 “To take one measure cited by FT Alphaville, the Bloomberg Global Aggregate bond market index has fallen by more than 11% since its...
EU regulators look to streamline antitrust rules By Reuters
© Reuters. FILE PHOTO: European Commission Vice President Margrethe Vestager looks on during an interview with Reuters in Brussels, Belgium, March 28, 2022. REUTERS/Johanna Geron By Foo...
New company sustainability standards body drafts first guidelines By Reuters
© Reuters. FILE PHOTO: A person holds a placard as climate activists including Extinction Rebellion and Fridays for Future stage a protest demanding more action...
Federal Reserve’s projected rate hikes ‘won’t sufficiently tame’ inflation, Credit Suisse says
U.S. inflation, already at a 40-year high, is likely to remain hot even after the Federal Reserve completes all 10 to 11 of its projected...
Goldman’s Oppenheimer Sees U.S. Stock Rally Running Out of Steam By Bloomberg
© Reuters Goldman’s Oppenheimer Sees U.S. Stock Rally Running Out of Steam (Bloomberg) — The rebound in equities may not have much further to go,...
The markets need to lose the ‘peace in our time’ reflex
BloombergOpinion/John Authers/3-3-2022 “We don’t have a Russia-Ukraine deal yet, and getting to one has pitfalls every step of the way. Then there’s what comes afterward.”...