Business – Page 194 – THE OVAL CIRCLE

‘The world is going back to a GOLD STANDARD as the US dollar is about to collapse’ – Peter Schiff

Posted on July 23, 2020July 23, 2020By Editor

As the world grapples with Covid-19, precious metals’ prices are pushing higher. Massive moves in gold and silver are coming, according to veteran stockbroker Peter Schiff. … Read More >‘The world is going back to a GOLD STANDARD as the US dollar is about to collapse’ – Peter Schiff

US should approve more stimulus quickly before economy comes ‘CRASHING DOWN,’ market analyst tells Boom Bust

Posted on July 22, 2020July 22, 2020By Editor

The European Union on Tuesday finally agreed the historic €750-billion Covid-19 aid package. Meanwhile, in the United States the same measures are set to expire and negotiations are underway on a new stimulus package. … Read More >US should approve more stimulus quickly before economy comes ‘CRASHING DOWN,’ market analyst tells Boom Bust

US expands draconian sanctions against Russia’s Nord Stream 2 gas pipeline

Posted on July 22, 2020July 22, 2020By Editor

The US House of Representatives on Tuesday approved an amendment to the National Defense Authorization Act, setting out the imposition of new sanctions on companies involved in the construction of the Nord Stream 2 gas pipeline. … Read More >US expands draconian sanctions against Russia’s Nord Stream 2 gas pipeline

BRICS countries bet on digital technologies to boost development of small and medium-sized businesses

Posted on July 21, 2020July 21, 2020By Editor

Russia’s Ministry of Economic Development has held an online roundtable discussion on the support and development of small and medium enterprises (SMEs) within the five-member BRICS trade alliance. … Read More >BRICS countries bet on digital technologies to boost development of small and medium-sized businesses

UK jobs market faces ‘REAL BLOODBATH’ with most manufacturers planning to lay off workers

Posted on July 21, 2020July 21, 2020By Editor

A new survey by British manufacturers’ organization Make UK has shown that the number of companies planning to make redundancies in the next six months has risen to 53 percent. … Read More >UK jobs market faces ‘REAL BLOODBATH’ with most manufacturers planning to lay off workers

‘False sense of security’: Australian brand faces $28,000 fine over ‘anti-virus activewear’ line

Posted on July 19, 2020July 19, 2020By Editor

While scientists across the globe were scrambling to contain the spread of coronavirus, activewear brand Lorna Jane was claiming a pair of leggings could protect you from it. The brand landed a hefty fine for its bogus claims. … Read More >‘False sense of security’: Australian brand faces $28,000 fine over ‘anti-virus activewear’ line

Chinese consumer sector in ‘reasonably good shape’ despite disappointing retail data – JP Morgan

Posted on July 19, 2020July 19, 2020By Editor

Slowing retail sales does not mean lack of recovery for the Chinese economy, a JP Morgan strategist believes, adding that the consumer sector may bounce back in the coming months. … Read More >Chinese consumer sector in ‘reasonably good shape’ despite disappointing retail data – JP Morgan

S&P leaves Russia’s credit rating intact despite coronavirus crisis

Posted on July 19, 2020July 19, 2020By Editor

While most oil-exporting nations saw international agencies knocking down their sovereign credit ratings amid the crisis spurred by the Covid-19 outbreak, S&P Global Ratings confirmed Russia’s rating at BBB- with a stable outlook. … Read More >S&P leaves Russia’s credit rating intact despite coronavirus crisis

What the cluck? KFC to offer Russian customers artificial 3D-printed chicken nuggets

Posted on July 19, 2020July 19, 2020By Editor

Russian scientists and experts from fast food chain KFC plan to develop 3D-printed artificial chicken nuggets. The project is underway, with the final product expected to be ready for testing this fall. … Read More >What the cluck? KFC to offer Russian customers artificial 3D-printed chicken nuggets

Russia aims to more than double its LNG presence on global market within 5 years

Posted on July 18, 2020July 18, 2020By Editor

New megaprojects may allow Russia to grab up to 15 percent of the global liquefied natural gas (LNG) market by 2025, according to Russia’s Energy Minister Alexander Novak. … Read More >Russia aims to more than double its LNG presence on global market within 5 years