As Washington threatens to impose more sanctions on Russia, analysts expect Moscow’s response to be the same as usual – speeding up the drive to make the nation’s economy more self-sufficient.
New research by the Joint Petroleum Statistics Initiative (JODI) showed that, in February, Russia remained in second place in terms of global oil production, with a national daily output of 9.398 million barrels per day (bpd).
Oil prices reached one-month highs on Tuesday as the dollar fell, making commodities priced in the US currency more attractive, allowing investors to pay less for dollar-denominated oil using other currencies.
Russia’s nuclear energy corporation Rosatom won’t be invited for a security assessment as a bidder vying to renovate the Dukovany nuclear power plant, the Czech industry minister said, amid the diplomatic spat initiated by Prague.
The Bank of England said it would team up with the UK Treasury to explore a potential national virtual currency as Britain eyes joining the crypto-frenzy that has gripped state regulators across the world.
As Washington threatens to impose more sanctions on Russia, analysts expect Moscow’s response to be the same as usual – speeding up the drive to make the nation’s economy more self-sufficient.
Oil prices reached one-month highs on Tuesday as the dollar fell, making commodities priced in the US currency more attractive, allowing investors to pay less for dollar-denominated oil using other currencies.
New research by the Joint Petroleum Statistics Initiative (JODI) showed that, in February, Russia remained in second place in terms of global oil production, with a national daily output of 9.398 million barrels per day (bpd).
Russia’s nuclear energy corporation Rosatom won’t be invited for a security assessment as a bidder vying to renovate the Dukovany nuclear power plant, the Czech industry minister said, amid the diplomatic spat initiated by Prague.
The Bank of England said it would team up with the UK Treasury to explore a potential national virtual currency as Britain eyes joining the crypto-frenzy that has gripped state regulators across the world.
The Tomtor deposit of niobium and rare earths located in Russia’s Yakutia Republic is one of the world’s three biggest by reserves, Russian miner Polymetal, which owns a minority stake in the project, said on Monday.
The price of gold reached a seven-week peak on Monday as a softer dollar and lower US Treasury yields lifted the precious metal’s appeal even as the appetite for riskier assets remained strong.
The oil inventory glut that amassed during the Covid-19 pandemic is almost gone, Bloomberg reported citing industry data. The tightening could further prop up crude prices, according to expert projections.
International use of the digital yuan will not replace the US dollar as the world’s main reserve currency, according to People’s Bank of China Deputy Governor, Li Bo.
The transition to a global energy system that runs on renewable energy rather than finite and dirty coal, oil, and gas is arguably the number-one topic in the media, sometimes eclipsing even the pandemic.
The proportion of cashless payments reached a record high in the first quarter of this year, Russia’s largest lender, Sberbank, has revealed. Meanwhile, the central bank is eyeing even more cash-free transactions.
While the world is anxiously watching multi-million sales of pieces of digital art based in the form of Non-Fungible Tokens (NFTs) the realm of physical sports memorabilia and baseball cards is booming, fueled by the pandemic.
Despite concerns from Washington, China has denied that its digital currency is vying to replace the US dollar as the dominant global currency. Boom Bust co-host Christy Ai joins the program to analyze the latest FinTech controversy and the shock...
In this episode of the Keiser Report, Max and Stacy look at the charts from Constantin Gurdgiev on US labor participation rates: this isn’t normal. In the second half Max continues his conversation with Alasdair Macleod of GoldMoney.com about...